Posted by Cakes Moon > 2 weeks ago | Report Abuse

It is time to buy the dips!!!

Posted by gohkimhock > 2 weeks ago | Report Abuse

Intra day high. Lol. What a roller-coaster. As long as you believe in KGB fundamental and not impulsive on Intel's decline, everything will be fine.

Posted by calvintaneng > 2 weeks ago | Report Abuse

Please tell the SEE_Research fella not to disturb Tsh people

or later they will also come here to do the same

it will not be good for anyone

Posted by mf > 2 weeks ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

38,703.27

-1,033.99

2.60%

Nasdaq

NASDAQ Composite

16,200.08

-576.08

3.43%

Posted by chopstick > 2 weeks ago | Report Abuse

😀

Posted by multi-bagger > 2 weeks ago | Report Abuse

strong rebound, kudos to anyone who managed to buy the dip

Posted by Augustine > 2 weeks ago | Report Abuse

Can't say it was a dip on Monday

Posted by multi-bagger > 2 weeks ago | Report Abuse

then what would you call it? A crash?

Posted by NeverLie > 2 weeks ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/08/08/infineons-7bil-kulim-sic-power-fab-to-create-1500-high-value-jobs

Posted by NeverLie > 2 weeks ago | Report Abuse

first phase contract was awarded to kgb, second phase...?

Posted by gohkimhock > 2 weeks ago | Report Abuse

usually the partnership will continue as not to make things difficult for their own engineers to test another supplier's UHP gas.

Posted by chai2145 > 2 weeks ago | Report Abuse

hope KGB will get new contract soon.

Posted by Cakes Moon > 2 weeks ago | Report Abuse

Patiently waiting for the announcement of KGB's financial result! 😃

Posted by chai2145 > 2 weeks ago | Report Abuse

will be good?

Posted by Augustine > 1 week ago | Report Abuse

It will beat last quarter's performance

Posted by dawchok > 1 week ago | Report Abuse

KGB higher TP at RM3.90 by RHB

https://www.klsescreener.com/v2/news/view/1375151

Posted by Augustine > 1 week ago | Report Abuse

KGB is tendering for two key projects in Germany, potentially valued at RM300 million to RM400 million, which if successful will further bolster its order book 🤗

Posted by Goldberg > 1 week ago | Report Abuse

Kelington to deliver another strong quarter on solid order book, says RHB

By Myia S Nair / theedgemalaysia.com

15 Aug 2024,

KUALA LUMPUR (Aug 15): RHB Research expects Kelington Group Bhd (KL:KGB) to deliver another quarter of strong earnings, on the back of a solid order book.

“We expect the strong year-on-year/quarter-on-quarter growth in revenue and core earnings to continue, supported by a solid RM1.3 billion order book (as of end-March) and favourable product mix”, RHB said in a note on Thursday. KGB is slated to announce its results for the second quarter ended June 30, 2024 (2QFY2024) on Aug 21.

“We gather that new job wins exceeded RM500 million in the first half ended June 30, 2024 (1HFY2024), with the majority coming from China, where tenders were aplenty," RHB added.

Posted by bryan1704 > 3 days ago | Report Abuse

Results out guys, Revenue down from prev quarter but PAT & EPS up 30+%

Posted by bryan1704 > 3 days ago | Report Abuse

any thoughts on how the share will perform tomorrow?

Posted by gohkimhock > 3 days ago | Report Abuse

means KGB is on the right track as a growing company. The revenue is still within expectations.

Posted by gohkimhock > 3 days ago | Report Abuse

Despite the decline in revenue in 2Q2024, gross profit increased by 21%, rising from RM46.0 million in 2Q2023 to RM55.5 million. This significant improvement in the gross profit margin, which increased to 17.3% from 10.8% in 2Q2023, was primarily driven by changes in revenue composition and a favorable project mix, as well as the contribution from industrial gases division. Additionally, PBT and PAT for the current quarter showed robust growth, each expanding by 34% compared to 2Q2023.

Posted by multi-bagger > 3 days ago | Report Abuse

operating cash flow is strong, receivables down quite a bit. I guess Calvin won't come to make noise here anymore

Posted by Augustine > 3 days ago | Report Abuse

Superb results. Tomorrow will open high and then shoot up

Posted by Cakes Moon > 2 days ago | Report Abuse

Where got superb?
I can see that all sectors of the business drop significantly, only industrial gas business going up.
Terrible!!!

Posted by multi-bagger > 2 days ago | Report Abuse

profit recognition from construction segment tends to be lumpy, have patience

Posted by NeverLie > 2 days ago | Report Abuse

Revenue dropped due to most projects came to an end, nothing to be surprised of, more high margin UHP projects coming, order book will breach 1.2b this year

Posted by gooman > 2 days ago | Report Abuse

https://klse.i3investor.com/web/pricetarget/research/72247

Posted by calvintaneng > 1 day ago | Report Abuse

please do think very carefully


see two macro picture


1. In Peninsular (West Malaysia )

there is a 52% diesel price rise

as such all industries will be impacted by a corresponding rise of 5% to as high as 30%

these will see higher cost

1. property
2. construction
3. construction material
4.logistic that send goods by lorry or ships

5. consumer food and drink which are bulky

6. Toll road owners
as lorries now see higher operation cost by 52% they will make less trip so less collections from till


others




2. By Nov 2024 if Trump gets elected he will impose 10% tariff (tax) for all and for China it will be 60% tariff

so all industries related to export to USA will be hit

two things will hit all


a universal price rise caused by rise of diesel 52%

a universal tariff by USA from 10% to 60%


that is why it is of utmost safety to go invest in East Malaysia stocks which got no 52% diesel rise there

and palm oil export is more to India and China (not USA)

Posted by Augustine > 16 hours ago | Report Abuse

What happened ? Local funds took profit ... ?

Posted by gooman > 3 hours ago | Report Abuse

Stocks Rally as Powell ‘Locks In’ a September Cut: Markets Wrap

Powell says ‘time has come’ for Fed to cut interest rates
Traders pricing over 100 basis points of Fed easing this year
https://www.bloomberg.com/news/articles/2024-08-22/stock-market-today-dow-s-p-live-updates?embedded-checkout=true