KEY ALLIANCE GROUP BERHAD

KLSE (MYR): KGROUP (0036)

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Last Price

0.005

Today's Change

-0.005 (50.00%)

Day's Change

0.005 - 0.01

Trading Volume

340,900


6 people like this.

8,197 comment(s). Last comment by BLee 4 weeks ago

Striker90

2,617 posts

Posted by Striker90 > 2017-06-09 08:14 | Report Abuse

On Thursday, Wu said Alibaba will continue to sacrifice a small slice of profitability to help bankroll its investments. The priority for cloud computing, one of the company’s fastest-growing businesses, remains expansion for now, she added.

“Profitability is still not the priority for our cloud business,” Wu told investors. Alibaba wants to “quickly expand cloud leadership in coming quarters.” – Bloomberg

Posted by Muhamad HAnafi Ismail > 2017-06-09 08:53 | Report Abuse

no moving up...

SateMan

1,720 posts

Posted by SateMan > 2017-06-09 09:19 | Report Abuse

Is kgroup being dumped?

Posted by danilutfi24 > 2017-06-09 09:23 | Report Abuse

1m at 0.04.. soon 1m at 0.035 lel... when this will go up..even there is a good news came out alrdy..

Posted by Lantoi Lantoi > 2017-06-09 10:20 | Report Abuse

0.035 too low bro

dex

493 posts

Posted by dex > 2017-06-09 10:28 | Report Abuse

up up up!!!

Posted by Lantoi Lantoi > 2017-06-09 10:43 | Report Abuse

Yes up up

sean1985

277 posts

Posted by sean1985 > 2017-06-09 10:57 | Report Abuse

everyday the same scenario............

Posted by Lantoi Lantoi > 2017-06-09 11:14 | Report Abuse

It is my dream to c only up to 0.05..after that want to go down to 0.01 oso i x care

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-06-09 11:15 | Report Abuse

Kgroup better. Why? Because Kgroup is only 4.5 sen. Anzo how much now? So expect Kgroup to rise up faster in terms of percentage.

mykasih99

238 posts

Posted by mykasih99 > 2017-06-09 11:30 | Report Abuse

Fly, fly give some HRY green packets to all who dont get bonus

Posted by biginvestor93 > 2017-06-09 12:25 | Report Abuse

why sell at 0.035 still cannot sell out. what hantu counter is it

Posted by biginvestor93 > 2017-06-09 12:41 | Report Abuse

sorry mistake , 0.045. just curious

Posted by biginvestor93 > 2017-06-09 13:14 | Report Abuse

this share currently consolidate, wont up so fast. better use this money to invest other stock first and come back after confirm uptrend when there i

sean1985

277 posts

Posted by sean1985 > 2017-06-09 14:16 | Report Abuse

holland happy go holland go happy holland !!!!!!!

Posted by Muhamad HAnafi Ismail > 2017-06-09 18:49 | Report Abuse

bored kaunter

heng0202

983 posts

Posted by heng0202 > 2017-06-09 18:49 | Report Abuse

ya go holland as sean1985 said... sean sell your shares please and no patience people please throw your share

heng0202

983 posts

Posted by heng0202 > 2017-06-09 18:51 | Report Abuse

banker sill accumulate phase..u all expect what?? i also trapped now what i can do...wait lo or throw ur shares

Posted by Kimjongbull > 2017-06-09 20:03 | Report Abuse

Apart from recent news of KGROUP buying Rapid Cloud (from RM 3.5m) and Progenet (for RM 1.5m), and working with Anzo, here is latest news linking subsidiary Progenet (Rueben Gerard Paul) with the launching of Asia Cloud Platform (ACP).

(1) First reported in The Edge on Wed 7 June 2017 about ACP launching ceremony on 8 June 2017:

http://www.theedgemarkets.com/content/launching-ceremony-asia-cloud-platform

Launching ceremony of Asia Cloud Platform
The Edge /The Edge
June 07, 2017 11:06 am MYT
Cocott’@The Greens TTDI,

Jalan Wan Kadir 3, Taman Tun Dr Ismail

Thursday, June 8, 2017 -
10:00 to 13:00

Launching ceremony of Asia Cloud Platform which is a disruptive cloud platform, which brings together seasoned IT stalwarts with native presence in the country to provide a holistic cloud service that goes beyond traditional data centres at Cocott’@The Greens TTDI, Jalan Wan Kadir 3, Taman Tun Dr Ismail from 10am – 1pm.

(2) Then today, Fri 9 June 2017, reported in The Star and Daily Express of Sabah:

http://www.thestar.com.my/business/business-news/2017/06/09/asias-first-federated-cloud-platform-launched/

http://www.dailyexpress.com.my/news.cfm?NewsID=118205

I copy and paste The Star version:

Asia’s first federated cloud platform launched

KUALA LUMPUR: The Asia Cloud Platform (ACP), a federated cloud service platform to help facilitate and simplify Asian businesses’ migration to the cloud system has been launched.

ACP founder Lim Chin Sean said ACP provided cloud service that went beyond traditional data centres, being able to accommodate customers’ fluctuating demands with ease, while its affiliate partners could adapt to such flexibility without having to build new points-of-presence. ACP is formed with the intention of closing the gaps between business requirements and the cloud product and services offered by our system, whether it is technology, policy or infrastructure.

“This platform is the first of its kind in Asia, using ground-breaking technology, and has a huge potential in its market reach like no other cloud provider can achieve. Malaysia serves as its starting point before moving into other Asean and Asian markets,” he told a press conference here yesterday.

ACP is the brainchild of four information technology industry leaders; Lim, Rodrigues Teh, Hui Kiat Bin and Rueben Gerard Paul.

Meanwhile, Teh said ACP would focus on Malaysian companies this year, before venturing into other Asian countries next year, adding that several leading local companies have already signed up for the system. – Bernama

Read more at http://www.thestar.com.my/business/business-news/2017/06/09/asias-first-federated-cloud-platform-launched/#yI6qEz9wikt1AXZo.99

Posted by Kimjongbull > 2017-06-09 20:13 | Report Abuse

Sorry for those in the know, I refer to the announcement by KGROUP to Bursa on their proposed acquisition of Progenet Sdn Bhd for RM 1.5m (in PDF attachment) dated 15 May 2017:

OFFER TO ACQUIRE PROGENET SDN BHD ("PROGENET") BY DVM INNOVATE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF KEY ALLIANCE GROUP BERHAD ("KAG" OR "THE COMPANY")

Reference is made to the announcement dated 11 April 2017 in relation to the memorandum of understanding (“MOU”) entered into between Progenet Sdn Bhd (“PROGENET”) and the Company’s wholly owned subsidiary, DVM Innovate Sdn Bhd (“DISB”) (“Announcement”). The Board of Directors of KAG wishes to announce that DISB has made an offer to Mr Reuben Gerard Paul (NRIC No. 720731-14-5445) and Mr Khoh Beng Kee (NRIC No. 720909-14-5013) (“the Vendors”) to acquire 100% equity interest in Progenet Sdn Bhd (“PROGENET”) (“Proposed Acquisition”), subject to and upon the following terms and conditions (“Offer”).

Please refer to attached file for full text announcement.

This announcement is dated 15 May 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5427305

Posted by Kimjongbull > 2017-06-09 20:21 | Report Abuse

Announcement of KGROUP to Bursa on 17 April on the conditional letter of award (LOA) for construction of RM24.7m data centre. Assurance to us investor that KGROUP will be in data centre business:

CONDITIONAL LETTER OF AWARD TO DVM INNOVATE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF KEY ALLIANCE GROUP BERHAD ("KAG" OR "THE COMPANY") BY AVENUE ESCAPADE SDN BHD ("AESB")
The Board of Directors of KAG wishes to announce that its wholly owned subsidiary, DVM Innovate Sdn Bhd (“DISB”), has received conditional letter of award (“LOA”) from Avenue Escapade Sdn Bhd (“AESB”) for the design, build and management of data centre for a contract sum of RM24,745,000.00 (Ringgit Malaysia Twenty Four Million Seven Hundred Forty Five Thousand Only).

Please refer to attached file for full text announcement.

This announcement is dated 17 April 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5398345

Posted by Kimjongbull > 2017-06-09 20:30 | Report Abuse

But then again, to be fair, we need to be aware also of KGROUP's clarification dated 26 April on the New Straits Times report (I'm not attaching it, thank God!! Good gracious me.) dated the same date. So hopefully, we make a more informed choice in our investment. Sorry if my multiple posts on copy and paste looks like spam to some. This should be the last in the series:

KEY ALLIANCE GROUP BERHAD ("KAG" OR "THE COMPANY")
CLARIFICATION ON THE ARTICLE BY NEW STRAITS TIME ON 26 APRIL 2017
With reference to the article by NEW STRAITS TIME on 26 April 2017.

“Sources said the company might win two contracts worth RM50 million in the current quarter to construct and manage data centres.”

The Board of Directors of KAG wish to clarify that aside from what has been announced to the public to date, KAG GROUP is not involved in any discussion with reference to construct and manage data centres.

This announcement is dated 26 April 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5407293

poseidon80

1,030 posts

Posted by poseidon80 > 2017-06-09 20:56 | Report Abuse

Another collaboration with Harvest court Proeperty today ..the price will fly to the new high... just patience..ignore those immature assumptions that this stock is not good.. see those agreements and acquisitions, they trying to plan something big as soon as possible... I do believe it will reach 50cents.... its in pace of growing the company...and its capital...

heng0202

983 posts

Posted by heng0202 > 2017-06-09 20:57 | Report Abuse

yes 50 cents i like your post even now is a dream so what?? i cant dream it will fly to even my tp 20sen???!!!!

Posted by Kimjongbull > 2017-06-09 21:23 | Report Abuse

poseido80 and heng2020, it's ok for us to dream. 20 sen or 50 sen for KGROUP could be a reality. I also realistically hope that KGROUP will reach the modest 15-20 sen band in the near future. That's 300-400% value from the present. As shown by the last two weeks the price has been consolidating at 4-4.5 sen, with a big buying wall at 4 sen set by the big boys. This is due to the recent subscribed rights and share dilution. They're also selling at 4.5 sen. So no choice for the speculators, short-term traders, margin traders, desperados and skeptics in KGROUP - have to sell at 4 sen and buy at 4.5 sen. Somehow I feel that the 4.5 sen wall will be breached by next week and an upward wave will follow, as happened in the first upward wave when the RI and acquisitions were announced a few months back. Only this time the upward wave and momentum will be higher due to more good news on Rapid Cloud, Progenent, Anzo/Harvest Court (to heck with negative news) and Asia Cloud Platform (ACP). In Malaysia, there are many pretenders to the IT throne of e-commerce, cloud centre and Jack Ma (he just made a cool US 2.8b today, ha ha ..) but I do believe that KGROUP is making the right moves to that direction. I'm betting with my money on this racing horse of KGROUP.

Posted by George Chan > 2017-06-10 09:20 | Report Abuse

Guys.Just make your own decisions. No need to get involved with other comments. At the end of the day the money you made is yours. Everyone can have their personal views. So no need to argue. Just be smart and have patience. The Directors of those companies you invested got a very challenging tasks ahead of them. We only wait for their hard work. Happy investing.

heng0202

983 posts

Posted by heng0202 > 2017-06-10 17:40 | Report Abuse

ikan bilis only care when his shares not fly but other shares fly in buliish market, they will keep complain .... they will keep say this company is a con stock.... then? why u buy? then ? sell please ya is not a good company as u said... just sell nobody care your shares especially in this cruel market

heng0202

983 posts

Posted by heng0202 > 2017-06-10 17:41 | Report Abuse

why good news must fly? ur brain already set the mind good news must fly?? market is unpredictable and cruel... just study more market bahavior and market efficient hypothesis pls

heng0202

983 posts

Posted by heng0202 > 2017-06-10 17:43 | Report Abuse

good company must always have good profit every quarter and bad company sure have bad result every quarter??? your brain already being washed liao sozai

Posted by danilutfi24 > 2017-06-13 02:05 | Report Abuse

gonna fly today or this weeekkkkkkkk? i hope so..

ridz1982

17 posts

Posted by ridz1982 > 2017-06-13 08:24 | Report Abuse

yeah...lets keep hoping

Posted by Silly_money > 2017-06-13 08:29 | Report Abuse

:)

Posted by danilutfi24 > 2017-06-13 08:56 | Report Abuse

i hope this week, but at the same time, i predict it gonna fly after raya. lol anyway. i really hope this week!
. :)

sean1985

277 posts

Posted by sean1985 > 2017-06-13 10:44 | Report Abuse

i forecast after 10 years will direct fly to holland !!!!!!!!!!!!winthin 10 yrs is lower and lowest. hhahahahahhaha

sean1985

277 posts

Posted by sean1985 > 2017-06-13 10:45 | Report Abuse

hahahah luckly i throw all !!!!!!!!!!!if not die here with heng0202 and ah huat.

ANNY

18 posts

Posted by ANNY > 2017-06-13 13:19 | Report Abuse

another nuisance!

sean1985

277 posts

Posted by sean1985 > 2017-06-13 14:31 | Report Abuse

yes yesterday minum tea with Allah, he told me.

heng0202

983 posts

Posted by heng0202 > 2017-06-13 14:46 | Report Abuse

hahaha who lose who win also dont know at the end, sean baby :)

heng0202

983 posts

Posted by heng0202 > 2017-06-13 14:48 | Report Abuse

other fast throw as sean do we need your shares

Posted by Lantoi Lantoi > 2017-06-13 16:40 | Report Abuse

Volume good today..

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-06-13 20:32 | Report Abuse

Don't worry. Wait and see. Time will tell. Anybody touch Alibaba can turn into gold.

Rio2814

1,942 posts

Posted by Rio2814 > 2017-06-13 22:31 | Report Abuse

Please share the link between Alibaba ang KGroup? Thks

tafaq

33 posts

Posted by tafaq > 2017-06-13 22:36 | Report Abuse

sean1985 yes yesterday minum tea with Allah, he told me.

sean1985 : you jangan ini macam....jangan kurang ajar......we all muslim tak pernah kacau u kaum mana pun pasal ini saham...pasal tuhan......u jangan kurang ajar..... we all melayu /muslim tak penah make joke about god or religion............... i think only u thinks that was funny.... i respect other races or religion...

tafaq

33 posts

Posted by tafaq > 2017-06-13 22:41 | Report Abuse

u nak joking hal lain lah...

tafaq

33 posts

Posted by tafaq > 2017-06-13 22:43 | Report Abuse

u delete the msg...y?

tafaq

33 posts

Posted by tafaq > 2017-06-13 22:45 | Report Abuse

we never joking around about your religion....u know y? because we respect that....

tafaq

33 posts

Posted by tafaq > 2017-06-13 22:48 | Report Abuse

i never do that... u think that was funny.... ini bangang punya pendapat...........

Posted by Silly_money > 2017-06-13 23:00 | Report Abuse

We don't need to talk about religion. FYI 股海无真情 is the same guy is 人生. He always put himself into the centre of argument the delete his message. Now into religion gust pulak.

Tafaq, don't bother him. People like that memang live long.

The outstanding share and market cap is out way too much for its peer. *hint hint*

Unknown404

318 posts

Posted by Unknown404 > 2017-06-14 01:36 | Report Abuse

I wish I could short this stock. Unfortunately not on RSS list

sean1985

277 posts

Posted by sean1985 > 2017-06-14 10:03 | Report Abuse

saying Allah =kurang ajar ! THEN CINA PENDATANG, CINA BALIK CINA =HIGH EDUCATED??

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