KEY ALLIANCE GROUP BERHAD

KLSE (MYR): KGROUP (0036)

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Last Price

0.01

Today's Change

0.00 (0.00%)

Day's Change

0.005 - 0.01

Trading Volume

60,700


6 people like this.

8,207 comment(s). Last comment by BLee 3 weeks ago

zoelok

17 posts

Posted by zoelok > 2020-07-29 12:39 | Report Abuse

i hold...

Joe Hary

108 posts

Posted by Joe Hary > 2020-07-29 12:39 | Report Abuse

next week ....12cent

HSIF88

292 posts

Posted by HSIF88 > 2020-07-29 12:40 | Report Abuse

good support so far from small and giant bilis at 0.10 and 0.105 since yesterday with more than 400M shares changed hand. The shark is also not disposing aggressively and pull down the price but instead they are waiting for ikan bilis to take down their shares. Consolidation pattern with high volume... something brewing ...

jazz2pai

216 posts

Posted by jazz2pai > 2020-07-29 12:47 | Report Abuse

i hold hehe...

jazz2pai

216 posts

Posted by jazz2pai > 2020-07-29 12:49 | Report Abuse

market down still 0.095-0.1 ..still ok..

voon8018

44 posts

Posted by voon8018 > 2020-07-29 12:54 | Report Abuse

Hehehehe.... Hold until 0.14

2323

170 posts

Posted by 2323 > 2020-07-29 13:12 | Report Abuse

I top up...hehehe... hold until 0.250

TebuHutan

74 posts

Posted by TebuHutan > 2020-07-29 13:12 | Report Abuse

i dont think can move up to 0.250 in short time

jinv9

127 posts

Posted by jinv9 > 2020-07-29 13:15 | Report Abuse

July 29, 2020 11:53 am +08
Bernama / Bernama

XOX, Key Alliance most active in morning session

KUALA LUMPUR (July 29): XOX Bhd and Key Alliance Group Bhd were the most actively traded counters on Bursa Malaysia in the morning session after Key Alliance raised its stake in XOX to become the single largest stakeholder in the mobile virtual network operator yesterday.

At 10.20am, XOX slipped one sen to 27 sen with 28.90 million shares traded, while Key Alliance was unchanged at 10 sen with 19.16 shares transacted.

In a statement yesterday, Key Alliance said it is converting 248.6 million preference shares in XOX to mother shares for RM6.2 million, bringing its total shareholding of XOX to 347.9 million shares representing 17.83% of the paid up-capital of XOX.

The information communications technology (ICT) provider said the board felt this is an opportune time to increase its stake, given the recent developments in XOX's rapid moves to capture different revenue streams, which fit synergistically with Key Alliance's cloud, data centre and Internet of Thing (IoT) forays.

"The investment in XOX has paid off, with the moves towards artificial intelligence (AI) vending machines, micro financing and now its potential partnership with foreign telcos for the 5G programme all being positives to increase revenue streams going forward, capitalising on the subscriber base," it said.

With the group's recent expansion plans well documented to branch into the medical devices industry, Key Alliance said the strategic ownership of XOX has provided the group with a clear opportunity to move into cloud-based digital healthcare solutions utilising XOX's e-wallet capabilities, as well as the connectivity, computing and storage capacity provided by Key Alliance's data centre and cloud services.

https://www.theedgemarkets.com/article/xox-key-alliance-most-active-morning-session

8018voon

100 posts

Posted by 8018voon > 2020-07-29 13:22 | Report Abuse

Hehehe, waiting MUSANG KING .....

VLVL

640 posts

Posted by VLVL > 2020-07-29 13:32 | Report Abuse

Those who sell their shares had forgot kgroup do involve in covid test kits and recently got a lot of projects. With covid, technology and Xox. Kgroup got bright future, this is the next frontken

ray8793

125 posts

Posted by ray8793 > 2020-07-29 13:43 | Report Abuse

easilly 0.25- 0.30

ShareNews

65 posts

Posted by ShareNews > 2020-07-29 14:01 | Report Abuse

THEN HOLD HOLD HOLD la....wahaha

Ron90

4,127 posts

Posted by Ron90 > 2020-07-29 14:03 | Report Abuse

17 % stake at XOX already value at 91 million, which is higher than current KAB value at 88 million.. ..what la cheap owner.

robin7900

61 posts

Posted by robin7900 > 2020-07-29 14:19 | Report Abuse

Ehy people q sell.. haiyahh.. hold first laa.. hahaa

8018voon

100 posts

Posted by 8018voon > 2020-07-29 14:22 | Report Abuse

yes , hold first ....

ukiya21

128 posts

Posted by ukiya21 > 2020-07-29 14:32 | Report Abuse

Haiz.. sad... thought can fly.. :(

jinv9

127 posts

Posted by jinv9 > 2020-07-29 14:37 | Report Abuse

The Sun paper had said KGroup has 248.6m shares converted from IRCPS at a price of 5s for RM6.22m. KGroup had actually converted 248.6m IRCPS into 124.3m ordinary shares (at a conversion rate of 2 for 1), paying a total of RM6.2m or 5s for each ordinary share.

KGroup had previously before the movement control order period, subscribed up to almost 400 million XOX PA at 2.5s a share. So, there is still a balance of about 150m IRCPS or 75m ordinary shares to take up upon conversion.

Giving XOX a value of 25sen as an example (currently last traded at 26.5s), the new shares have increased the value of the company by about RM25m (124.3m shares x 20s each). Together with the balance of 75m shares, the total value enhanced by their investment in XOX, is RM40m, or over 885m shares, 4.5s per share.

All in all, it Is now reported that the exercise is "...bringing its total shareholding of XOX to 347.9 million shares representing 17.83% of the paid up-capital of XOX."

The current NBV of KGroup before the above exercise is 11.47. Looks like the revised figure would be more in the region of 15s, more with the new foray. We'll have to wait and see if the share price catches up with the latest development..

29/07/2020 2:36 PM

ShareNews

65 posts

Posted by ShareNews > 2020-07-29 14:58 | Report Abuse

XOX macam come bek jor...hopefully same to KAG...

Luster95

68 posts

Posted by Luster95 > 2020-07-29 14:59 | Report Abuse

TRC Synergy eyes RM1.5b more contracts + tml div entitlement date, dont miss boat yo fellas

lussuoso

29 posts

Posted by lussuoso > 2020-07-29 15:11 | Report Abuse

buy now... if not u regret later

TebuHutan

74 posts

Posted by TebuHutan > 2020-07-29 15:12 | Report Abuse

@luster95 sangkut kt sale ke bro sampai mcm nie cari buyer

Chai Pk

56 posts

Posted by Chai Pk > 2020-07-29 15:50 | Report Abuse

May i know using what platform is fast execute ?

HSIF88

292 posts

Posted by HSIF88 > 2020-07-29 17:31 | Report Abuse

A rather non-exciting day and the price dropped at closing. Looking at the pattern of trading, it is strong buy for me.

ukiya21

128 posts

Posted by ukiya21 > 2020-07-30 10:20 | Report Abuse

No luck again.. :(

Posted by Nickteoh88 > 2020-07-30 10:24 | Report Abuse

how? hold? sell ? :(

Steven1717

246 posts

Posted by Steven1717 > 2020-07-30 10:30 | Report Abuse

HOLD.

voon8018

44 posts

Posted by voon8018 > 2020-07-30 10:38 | Report Abuse

Hold... Until 0.14

VLVL

640 posts

Posted by VLVL > 2020-07-30 12:06 | Report Abuse

Kgroup capital 84 millions, easily became double to 168 million by just owning xox shares. So 10 cents became 20 cents lol.. 100 percent profit

HSIF88

292 posts

Posted by HSIF88 > 2020-07-30 16:25 | Report Abuse

The panic selling at XOX cause the KGroup price also down today.. but we still can see the support at 0.09 to 0.095 still strong, consolidating phase. Expecting XOX to rebound next week thus KGroup will follows.

VLVL

640 posts

Posted by VLVL > 2020-07-30 17:00 | Report Abuse

Dumb ikan bilis all kena tipu

zoelok

17 posts

Posted by zoelok > 2020-07-30 17:04 | Report Abuse

very good support...xox uptrend showing...it will follow by kgroup

dniap

447 posts

Posted by dniap > 2020-07-30 18:53 | Report Abuse

it seems to be heading to a long term. TP likely above 0.20

voon8018

44 posts

Posted by voon8018 > 2020-07-30 19:00 | Report Abuse

Hold!! Hehehehe

momochick

194 posts

Posted by momochick > 2020-07-30 19:11 | Report Abuse

holdddd

pari57

439 posts

Posted by pari57 > 2020-07-31 22:48 | Report Abuse

Next week 15c coming

Posted by Large Burger > 2020-08-01 20:51 | Report Abuse

The price still consider reasonable as of today.To me it looks like discount price if you plan to grab it before it will skyrocket.

Support - 0.08
Strong Daily Resistance - 0.14
Weekly Ichimoku Resistance - 0.165, 0.28

Volume also start increasing since April 2020 showing that there is interest in buying.

Weekly Heikin Aishi looks nice as well.

I believe the price will start moving soon base on my observation.Your patience will reward if all goes well.

Anyway, remember to follow your trading plan.
It's your money.
Just my 2 cents only.

Have a nice day.Happy trading!

8018voon

100 posts

Posted by 8018voon > 2020-08-02 11:51 | Report Abuse

hold....

goodiewilly

2,903 posts

Posted by goodiewilly > 2020-08-02 13:47 | Report Abuse

Thanks sifu Large Burger

Kingston1

1,718 posts

Posted by Kingston1 > 2020-08-02 17:18 | Report Abuse

Something is brewing

https://www.facebook.com/103165771496030/posts/106543741158233/

ccharliie

48 posts

Posted by ccharliie > 2020-08-02 17:29 | Report Abuse

Investments had been ploughed into other sectors and counters like this had escaped attention currently. The herd mentality is when it had surged significantly will activity begin to build up. Of course, paying a little premium could be worth the wait.

skullstock

177 posts

Posted by skullstock > 2020-08-02 21:59 | Report Abuse

this stock is very slow ... slow till people beh tahan and sell lol

Posted by Jeffrezal > 2020-08-02 23:40 | Report Abuse

what next tp

TebuHutan

74 posts

Posted by TebuHutan > 2020-08-03 02:50 | Report Abuse

lama tido kaunter nie

azta12

5,594 posts

Posted by azta12 > 2020-08-03 11:22 | Report Abuse

collect

azta12

5,594 posts

Posted by azta12 > 2020-08-03 11:26 | Report Abuse

hantam

azta12

5,594 posts

Posted by azta12 > 2020-08-03 11:29 | Report Abuse

otw to next level

8018voon

100 posts

Posted by 8018voon > 2020-08-03 11:29 | Report Abuse

coming

TebuHutan

74 posts

Posted by TebuHutan > 2020-08-03 11:32 | Report Abuse

woah2 sudah bangun kah ini kaunter?

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