Recalculation: 102.7 × (113.7 ÷ 100) = RM116.7. Thus, 116.7 ÷ 4 = RM29.3. Why so low? I am expecting a strong first quarter in FY24. With this figure, it is even lower than the 4th quarter of FY23. I still prefer my original calculation.
@gohkimhock Business in China is not so easy, Q4FY2023 there is a impairment of RM11M for China operation, without this impairment profit will be at RM46Million. I would prefer selling more LCO2 to SG and other country. ------------------------- I agreed with the above statement. Wait to see the PAT in Q1 2024, then we should know the projected EPS for 2024. To me, PAT in any quarter of 2024 should > 30 million. Thank you.
With today's closing price of RM2.53, I am now having paper loss already. Why KGB only goes up in the month of results? But never mind, I can hold for the whole of FY2024.
Kelington: Signs addendum with PETRONAS to accommodate increased demand for CO2 plant.
Kelington Group has entered into an addendum to the agreement for the sale and purchase of carbon dioxide dated Nov 17, 2017 with PETRONAS Energy & Gas Trading SB.
In a filing with Bursa Malaysia, the original capacity of the first carbon dioxide (CO2) recovery plant (P1) in Kemaman, Terengganu, is 50,000 metric tons per year. (StarBiz)
they are buying CO2 from Petronas to accommodate for its future expansion plans. It is essential to get an uninterrupted supply for the long term. Good vision from the management.
Posted by gohkimhock > 1 hour ago | Report Abuse KGB - counter of the year for 2024. No doubt. ---------------------- It is so difficult to make money now. Hope all readers here will make a lot of money. Good luck. Thank you.
Group CEO Raymond Gan said chipmakers are aggressively expanding production capacity to meet a surging demand for chips, driven by factors like geopolitical diversification and the need for advanced technologies like artificial intelligence (AI), Internet of Things (IoT), electric vehicles and Industry 4.0.
“As these technologies advance, the demand for semiconductor manufacturing facilities remains strong.
"After a contraction in 2023 due to the cyclical nature of the industry, semiconductor manufacturing equipment growth is expected to resume in 2024, with sales expected to strongly rebound in 2025."
this ceo said the industry was in contraction in 2023... deng... contraction u still can deliver good growth... u better perform surprisingly well in 2024... dont simply say say ya... believe u so long already...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
waorangsiam
199 posts
Posted by waorangsiam > 2024-03-04 23:22 | Report Abuse
Ah lenglui @ChloeTai u kira salah liao...? FY2024 PAT 116.7M. Average per quarter is 29M.