KELINGTON GROUP BERHAD

KLSE (MYR): KGB (0151)

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Last Price

2.61

Today's Change

+0.04 (1.56%)

Day's Change

2.52 - 2.61

Trading Volume

1,570,500


18 people like this.

6,071 comment(s). Last comment by Permutation 1 day ago

vale0111

160 posts

Posted by vale0111 > 2022-05-10 18:03 | Report Abuse

keep an eye before making any decision

Harry

1,330 posts

Posted by Harry > 2022-05-11 11:20 | Report Abuse

buy oil stocks. hengyuan hibiscus. except serbark

sten_still

375 posts

Posted by sten_still > 2022-05-12 11:30 | Report Abuse

every day drop 5% haha

amateurJR

2,366 posts

Posted by amateurJR > 2022-05-12 16:05 | Report Abuse

Drop below RM1 first

chai2145

75 posts

Posted by chai2145 > 2022-05-12 17:36 | Report Abuse

Still get contract leh

chai2145

75 posts

Posted by chai2145 > 2022-05-12 17:36 | Report Abuse

This market NG

Posted by Skywalker00 > 2022-05-12 19:11 | Report Abuse

Contract easy to get la if tender below cost

Xcalibre

486 posts

Posted by Xcalibre > 2022-05-12 23:00 | Report Abuse

Kelington Group Bhd's wholly-owned unit, Kelington Engineering (Shanghai) Co Ltd, has bagged a contract to perform gas hook up works in Beijing, China.

In a filing with Bursa Malaysia, Kelington said the 123 million yuan contract (worth approximately RM80 million), was awarded by China's largest semiconductor foundry.

https://www.theedgemarkets.com/article/kelington-unit-bags-rm80m-contract-china

Xcalibre

486 posts

Posted by Xcalibre > 2022-05-12 23:01 | Report Abuse

Now with chip shortage and demand more than supply, manufacturer is expanding and Kgb is in good position to obtain lots of projects with good profit margin..

Xcalibre

486 posts

Posted by Xcalibre > 2022-05-12 23:02 | Report Abuse

When overall market down, it’s good opportunity to collect at low prices..

Leonggg

86 posts

Posted by Leonggg > 2022-05-12 23:48 | Report Abuse

Agree @Xcalibre

kahfui1221

274 posts

Posted by kahfui1221 > 2022-05-13 14:25 | Report Abuse

hmmm

kahfui1221

274 posts

Posted by kahfui1221 > 2022-05-13 14:25 | Report Abuse

hmmm

Harry

1,330 posts

Posted by Harry > 2022-05-17 18:18 | Report Abuse

Sell and buy hibiscus

kahfui1221

274 posts

Posted by kahfui1221 > 2022-05-18 15:59 | Report Abuse

Given that the orderbook replenishment falls within our expectations, we made no changes to our earnings forecast, pending their 1Q22 quarterly results release in coming weeks.

Therefore, we maintained our BUY recommendation on KGB with an unchanged target price of RM2.10.
We derive our target price by assigning targeted P/E multiple of 28.0x to FY22f EPS of 7.5 sen.

The assigned targeted P/E multiple is slightly above with the valuations of the technology sector that is trading at 25.3x for 2022f. The slight premium is justifiable due to KGB’s niche business model.

Risks to our recommendation and target price include weaker-than-expected targeted orderbook replenishment of RM700.0m for FY22f.

Any slowdown in semiconductor sales may dampen the large scale UHP projects delivery to China and Singapore, given that the UHP segment plays an integral role towards the total revenue contribution and earnings growth.

Xcalibre

486 posts

Posted by Xcalibre > 2022-05-20 15:52 | Report Abuse

WASHINGTON DC: Malaysia is expected to garner RM14.62 billion in new investments from the United States (US) following the Trade and Investment Mission (TIM) led by Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali.

Azmin said many US-based companies had expressed their commitments to expand their operations and footprint in Malaysia during his 10-day US TIM which began on May 8.

"We are going to make some major announcements in the next few days in terms of the total new investments that have been committed by these companies," he told Bernama and TV3 reporters here, Tuesday.

Thus far, Azmin had met several high-technology (hi-tech) companies such global semiconductor company Texas Instruments Inc. and global materials supplier to the electronics assembly and semiconductor packaging industries Indium Corporation, and he is scheduled to engage with more hi-tech industry players on his next visits to San Francisco, Seattle and Los Angeles.

https://klse.i3investor.com/web/news/detail/249454

blackchicken

1,220 posts

Posted by blackchicken > 2022-05-27 09:35 | Report Abuse

"Kelington Group a unique Malaysian proxy to global semiconductor space"
https://www.nst.com.my/business/2022/05/799234/kelington-group-unique-malaysian-proxy-global-semiconductor-space

Harry

1,330 posts

Posted by Harry > 2022-05-27 14:55 | Report Abuse

sorry lar, tech sector die d

Posted by torres623 > 2022-05-31 20:54 | Report Abuse

any1 who joined the AGM today can share any information ?

Posted by MikiMouse69 > 2022-06-03 15:05 | Report Abuse

Harry

sorry lar, tech sector die d

1 week ago
-----------

Hmm....ok
Don't be surprised if Nasdaq hit a historical new high again within 12 months

blackchicken

1,220 posts

Posted by blackchicken > 2022-06-04 22:17 | Report Abuse

【行家论股/视频】科艺集团 订单踊跃前景佳 - https://www.enanyang.my/行家论股/【行家论股视频】科艺集团-订单踊跃前景佳

Posted by Skywalker00 > 2022-06-04 22:24 | Report Abuse

KGB contract in Sarawak too cheap and cannot deliver as such counter proposal deviation... Chinaman will not let KGB loose... just like the joke of the prostitute in the corner selling cheap cheap cheap.!!! Can someone confirm this rumours.??

Xcalibre

486 posts

Posted by Xcalibre > 2022-06-10 11:01 | Report Abuse

The semiconductor sector continues to be favoured by analysts, especially the outsourced semiconductor assembly and test (Osat) providers.

The Osat companies have got it going with a strong sales pipeline and earnings growth prospect, anchored by their expansion roadmap and robust balance sheet, said TA Securities Research in its latest report.

“We also expect them to continue benefiting from the global structural growth in chip demand, alongside the ongoing acceleration in digitalisation and proliferation of secular technology trends like 5G, artificial intelligence, cloud computing, Internet of Things, robotics and vehicle electrification,” it said.

It maintained its “overweight” stance on the technology sector.

Thestar 10 June 2022

chai2145

75 posts

Posted by chai2145 > 2022-06-16 12:50 | Report Abuse

new construction contract awarded

charlie chia

2,129 posts

Posted by charlie chia > 2022-06-16 13:10 | Report Abuse

A lot of contracts in hand but not moving

chai2145

75 posts

Posted by chai2145 > 2022-06-16 14:09 | Report Abuse

Be Patient

Xcalibre

486 posts

Posted by Xcalibre > 2022-06-16 14:22 | Report Abuse

Kelington Group Bhd (KGB) has secured a contract worth RM114 million to build a semiconductor manufacturing building.

https://www.theedgemarkets.com/article/kelington-bags-contract-worth-rm114m-build-semiconductor-manufacturing-facility

sten_still

375 posts

Posted by sten_still > 2022-06-16 14:23 | Report Abuse

in management we trust

amateurJR

2,366 posts

Posted by amateurJR > 2022-06-16 16:25 | Report Abuse

Nww contract again. But this company's net profit margin not impressive

bojed

5,064 posts

Posted by bojed > 2022-06-16 17:08 | Report Abuse

Pending BODTL?

blackchicken

1,220 posts

Posted by blackchicken > 2022-06-16 21:20 | Report Abuse

KGB announced that it has won a contract worth RM114 million from a French-Italian multinational electronics and semiconductor manufacturer.

Harry

1,330 posts

Posted by Harry > 2022-06-17 15:08 | Report Abuse

Global equity collapse. Kgb tp 0.6

sten_still

375 posts

Posted by sten_still > 2022-06-17 15:13 | Report Abuse

keep your money, have fun and quality times with circle surrounding. the balance later use to buy kgb at 60cent.

Posted by Skywalker00 > 2022-06-17 16:44 | Report Abuse

Yes... PE 10 maybe can buy la... take contracts cheap cheap. On the way to litigation as usual. Those in the semiconductor industry know la.

blackchicken

1,220 posts

Posted by blackchicken > 2022-06-18 08:42 | Report Abuse

target price 1.90 ringgit
【行家论股/视频】科艺集团 新订单或再创纪录 - https://www.enanyang.my/行家论股/【行家论股视频】科艺集团-新订单或再创纪录

Harry

1,330 posts

Posted by Harry > 2022-06-19 20:52 | Report Abuse

Nasdaq plunge. Kgb will not up

hng33

19,787 posts

Posted by hng33 > 2022-06-20 12:37 | Report Abuse

Bargain price to buy for growths stock

Dragon88

153 posts

Posted by Dragon88 > 2022-06-20 13:13 | Report Abuse

Healthy order book in hand , can buy for long term investment.
Buy in tranches, not all in, please

Harry

1,330 posts

Posted by Harry > 2022-06-20 20:25 | Report Abuse

Prepare to buy at 0.6. Broad market sell down next few weeks

blackchicken

1,220 posts

Posted by blackchicken > 2022-06-21 22:50 | Report Abuse

multibagger stock

Harry

1,330 posts

Posted by Harry > 2022-06-22 11:08 | Report Abuse

Broad market sell down again

Harry

1,330 posts

Posted by Harry > 2022-06-22 11:08 | Report Abuse

Tp 0.6

Harry

1,330 posts

Posted by Harry > 2022-06-22 13:43 | Report Abuse

Poor hng33 must be cutting loss

VTrade

2,434 posts

Posted by VTrade > 2022-06-25 17:10 | Report Abuse

Usa akan masuk kejatuhan ekonomi ?

Harry

1,330 posts

Posted by Harry > 2022-06-26 11:49 | Report Abuse

If cant speak proper BM please speak BI

dlau8899

915 posts

Posted by dlau8899 > 2022-07-28 12:39 | Report Abuse

1.30 , 1.40 , 1.50

blackchicken

1,220 posts

Posted by blackchicken > 2022-07-29 17:57 | Report Abuse

Record performance by Kelington in Q2?
https://www.nst.com.my/business/2022/07/817118/record-performance-kelington-q2

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