Posted by GemSeekers > 2017-03-16 14:55 | Report Abuse

Reiterate TP have been revise to 0.72 ! !
There going to swing up soon ! !

Posted by Contender > 2017-03-16 15:05 | Report Abuse

bullish breakout ...

Posted by jinvest > 2017-03-16 16:06 | Report Abuse

60 mil shares collected below 0.50 then next is push it all the way up.

Posted by Nikmon > 2017-03-16 16:53 | Report Abuse

@jinvest, how you get the number 60 million share??

Posted by traderman > 2017-03-16 17:02 | Report Abuse

tp 1

Posted by excelyou > 2017-03-16 22:34 | Report Abuse

This article first appeared in The Edge Malaysia Weekly, on March 6 - 12, 2017.

KELINGTON Group Bhd hopes losses will be a thing of the past as it turned around in the financial year just ended after a year in the red. Furthermore, its expansion into turnkey engineering services is expected to see it ride the cyclical nature of the semiconductor industry.

The group turned in a net profit of RM8.69 million in the financial year ended Dec 31, 2016 (FY2016) from FY2015’s net loss of RM2.55 million, lifted by its two project packages amounting to S$36 million (RM106 million) for the expansion of Micron Technology’s flash memory fabrication facility in Singapore.

The group is expecting net profit and revenue to see a double-digit percentage growth this year.

......................……………...............................
Evidences showing semiconductor is growing fast below:
....................................................................

WSTS has published the Q4 2016 semiconductor market figures
Release Date: 23. February 2017 - 14:00 UTC

WSTS has published the 2016 semiconductor market figures and re-calculated the Autumn 2016 Forecast using the actual figures for the fourth quarter 2016.

Worldwide Semiconductor Market is expected to be up over six percent in 2017 after a record year in 2016
The worldwide semiconductor market was up 1.1% in 2016 to US$338.9 Billion, an all time high. The year 2017 is forecasted to be strong with 6.5% growth to US$361 billion. 2018 is forecasted to be up another 2.3% to US$369 billion.
During 2017 the largest growth is expected across sensors, analog, and memory with all products contributing to positive growth. All regions are forecasted to return to growth in 2017 as well.

About WSTS:
World Semiconductor Trade Statistics (WSTS), founded in 1986 as a non-profit organization of semiconductor product companies, is the singular source for monthly industry shipment statistics.

...........................................................

STAMFORD, Conn., January 23, 2017
View All Press Releases

Gartner Says Worldwide Semiconductor Revenue Forecast to Grow 7.2 Percent in 2017
Worldwide semiconductor revenue is forecast to total $364.1 billion in 2017, an increase of 7.2 percent from 2016, according to Gartner, Inc. This represents a complete turnaround for the semiconductor industry as the market experienced 1.5 percent growth in 2016.

"The worst is now over with a positive outlook emerging for 2017 driven by inventory replenishment and increasing average selling prices (ASPs) in select markets, particularly commodity memory and application-specific standard products," said Ganesh Ramamoorthy, research vice president at Gartner. "The turnaround that started at the end of the second quarter of 2016 will continue to gain momentum and we expect the improved conditions to carry through 2017."

KGB WILL BENEFIT IT

Posted by excelyou > 2017-03-16 22:41 | Report Abuse

CIMB conclude Semiconductor in Malaysia is growing too.

http://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=4646

Posted by Steve902 > 2017-03-17 00:36 | Report Abuse

57 cent by next week or tmr

Posted by gopro2233 > 2017-03-17 07:55 | Report Abuse

whey stock alliance why u block ur article from being commented..afraid or what

Posted by Nikmon > 2017-03-17 11:16 | Report Abuse

it may benefit form the small and medium capital research scheme which target to launch next month onward.

3 billion has been allocated in 2017 budget to boots small cap counter.

Posted by Nikmon > 2017-03-17 11:36 | Report Abuse

shariah counter, low PE, good dividend, and the company prospect is looking good so far, so highly likely it will be affect by the 3 billion fund!!

Posted by excelyou > 2017-03-17 14:09 | Report Abuse

Wah

Posted by bobby159753 > 2017-03-18 06:48 | Report Abuse

Groom the stock with all the irrelevant news , such as chinese tycoon buying stock , semi conductor growth , , make u stuck with the share and eventually kill.

Posted by bobby159753 > 2017-03-18 06:48 | Report Abuse

Luring the small investors and stupid investors to get stuck and slaughter

Posted by gelong > 2017-03-18 12:53 | Report Abuse

undervalued stock, should hit 57 and then 60

Posted by jimmylee123 > 2017-03-18 15:51 | Report Abuse

Based on the Qtr result and niche product offer by KGB. No doubt the share can hit 60 cents in next month.

Posted by gelong > 2017-03-19 14:53 | Report Abuse

ok ok ok

Posted by Maxireturn > 2017-03-19 16:39 | Report Abuse

Pity on bobby159753, sore loser...

Posted by LilyLL > 2017-03-19 21:00 | Report Abuse

TP 0.570 next week

Posted by excelyou > 2017-03-19 21:58 | Report Abuse

So is RM0.57 or RM0.60?

Posted by Nikmon > 2017-03-19 22:33 | Report Abuse

Reach RM1 in 3 months

Posted by excelyou > 2017-03-20 08:37 | Report Abuse

KUALA LUMPUR (March 20): North America-based manufacturers of semiconductor equipment posted US$1.97 billion in billings worldwide in February 2017 (three-month average basis) and a book-to-bill ratio of 1.09, according to the Semiconductor Equipment and Materials International (SEMI).

In a statement on its website March 16, SEMI said the billings figure was 6.1% higher month-on-month January level of US$1.86 billion, and 63.8% higher year-on-year from US%1.20 billion in 2016.

In a statetement on its website on June 16, SEMI said the bookings figure was 9.6% higher than the final April 2016 level of US$1.60 billion, and is 2.8% higher than the May 2015 order level of US$1.56 billion.

SEMI president and CEO Ajit Manocha said billing levels remain elevated as memory and foundry manufacturers continue to invest in advanced semiconductor technologies.

“These investments are paving the way for the ramp of 3D NAND and 1X-nm devices,” he said.

HIGH DEMAND FOR SEMI CONDUCTOR LEAD TO EXPANSION BY MANUFACTURER AROUND THE GLOBE, DIRECT BENEFIT KGB.

Posted by excelyou > 2017-03-21 17:02 | Report Abuse

So happy to see it.



Posted by:

Nikmon Reach RM1 in 3 months
19/03/2017 22:33

Posted by bobby159753 > 2017-03-21 18:21 | Report Abuse

Killing start ?

Posted by bobby159753 > 2017-03-21 18:32 | Report Abuse

Small plumbing company talk about international semiconductor factory . Another hot air trying to pump up the price.

Posted by bobby159753 > 2017-03-21 18:35 | Report Abuse

Quickly take profit before the killing start

Posted by bobby159753 > 2017-03-21 19:24 | Report Abuse

Even secure new biz can cause more legal case. Proved to be not competent managing projects. So many legal cases. Scary

Posted by Nikmon > 2017-03-21 22:06 | Report Abuse

indeed, if without those 3 legal cases, it should be above RM1 long time ago. Hopefully there would no new legal case drag the performance this year.

but good news is they had recover 1.3 million in January and win one of the legal case (5 mil) last year which currently in appealing court.

Posted by jimmylee123 > 2017-03-22 12:52 | Report Abuse

All the bad news alreadt out and well informed. The share price will shoot up if there are any good news prompt eg. Win court case or compensation.

Posted by excelyou > 2017-03-22 13:30 | Report Abuse

Well said Nikmon and jimmylee123

Posted by cstrader > 2017-03-22 20:12 | Report Abuse

It's a good 2017 stock. TP 70 cents

Posted by bobby159753 > 2017-03-24 08:04 | Report Abuse

If a company has a lot of legal cases whether can recover money is another problem. Structurally weak management and poor project management

Posted by bobby159753 > 2017-03-24 08:04 | Report Abuse

Recently release a lot of hot air, just not sounding right

Posted by bobby159753 > 2017-03-24 08:06 | Report Abuse

Big share holders LHAH sold out all the shares speaks volume. That make the share price rise more suspicious

Posted by Nikmon > 2017-03-24 12:03 | Report Abuse

@bobby159753, your comment getting hilarious whenever the price gone up...

Only 3% of the order books amount was brought to court, it is not great but it should manageable and unvoided when oil market crash.

LHAH transfer million of shares to someone between 28- 34 cent, it is really very supicious...who would be the luckly VIP

Posted by bobby159753 > 2017-03-24 12:29 | Report Abuse

Legal case ranging from Pharma , semiconductor and more not only oil . Bad image

Posted by bobby159753 > 2017-03-24 12:30 | Report Abuse

Win project at Low margin and dispute with customers and subcontractors

Posted by Nikmon > 2017-03-24 12:44 | Report Abuse

Seem like bobby had sold his share at 50 cent and now want to reenter below 50cent, wish you good luck

Posted by excelyou > 2017-03-24 13:21 | Report Abuse

Bobby159753 , commented only KGB since become I3investor and not other counters, something suspicious : )

Posted by bobby159753 > 2017-03-24 18:18 | Report Abuse

I find this counter a lot of hot air. Got Friend work at Kedah kulim

Posted by excelyou > 2017-03-24 18:28 | Report Abuse

Why Kedah , Kulim?

Posted by jimmylee123 > 2017-03-25 14:01 | Report Abuse

The company gaining momentum for next growth. You will see the share price goes up soon. My TP for this share is 60 cents by April.

Posted by bobby159753 > 2017-03-27 06:30 | Report Abuse

Blowing a lot of hot air so that big fish can unload their share. It is just a plumbing company

Posted by Alex Lim Jun Xiong > 2017-03-27 10:21 | Report Abuse

Flying?
Goreng?

Posted by jfm3737 > 2017-03-27 11:16 | Report Abuse

just in

Posted by excelyou > 2017-03-27 11:29 | Report Abuse

KELINGTON DELIVERS TURNAROUND IN FY2016 WITH RECORD-HIGH REVENUE OF RM340 MILLION

• Returns to the black with full year net profit of RM8.7 million, from net loss position in previous year.

• Gross profit margins increased to 11.3% from 9.8% in previous year
Kuala Lumpur, 22 February 2017 – Integrated engineering solutions provider, Kelington Group Berhad (“Kelington” or “Group”) has reported a commendable financial performance for the fourth quarter ended 31 December 2016 (4Q2016).

4Q2016 revenue increased by 16% to RM106.1 million from RM91.4 million in the previous year’s corresponding period. Net profit stood at RM4.6 million, a turnaround from a net loss position of RM7.1 million in the previous year’s corresponding period.

In recent years, the Group had been successful at expanding its core business beyond Ultra High Purity gas solutions to provide process engineering solutions and general contracting works on a turnkey basis.

In 2016, the Group secured a strong flow of new orders amounting to RM323 million.

Resulting from this, revenue for the full year period (FY2016) soared by 65% to RM340.2 million, hitting
a record-high in the Group’s history. Revenue contribution from all of the Group’s four key operating markets in Malaysia, Singapore, Taiwan and China grew from the previous year.

With a more stringent productivity programme in place to monitor costs, the Group’s FY2016 gross profit margin increased to 11.3% from 9.8% in the previous year.

For the full year 2016, Kelington delivered a net profit of RM8.7 million or 3.95 sen earnings per share. This is a significant turnaround from the previous year’s loss position which was affected by the provision of impairment losses on certain projects and receivables.

Ir. Raymond Gan, Chief Executive Officer of Kelington Group Berhad said, “We are very pleased with our financial performance for 2016, having set new records in our revenue and order flows.

We are gaining a strong track record in delivering turnkey engineering works, having completed certain notable jobs. This adds credibility to the Group as we bid for similar type of jobs which carry higher values and command higher margins.”

Posted by excelyou > 2017-03-27 11:36 | Report Abuse

This article first appeared in The Edge Malaysia Weekly, on March 6 - 12, 2017.

KELINGTON Group Bhd hopes losses will be a thing of the past as it turned around in the financial year just ended after a year in the red. Furthermore, its expansion into turnkey engineering services is expected to see it ride the cyclical nature of the semiconductor industry.

The group turned in a net profit of RM8.69 million in the financial year ended Dec 31, 2016 (FY2016) from FY2015’s net loss of RM2.55 million, lifted by its two project packages amounting to S$36 million (RM106 million) for the expansion of Micron Technology’s flash memory fabrication facility in Singapore.

The group is expecting net profit and revenue to see a double-digit percentage growth this year.

“We’re not looking back,” says group president and chief operating officer Steven Ong Weng Leong in an interview with The Edge.

Posted by bull8888 > 2017-03-27 11:39 | Report Abuse

tp 0.67

Posted by Nikmon > 2017-03-27 15:25 | Report Abuse

up slowly is better, no need to rush

Posted by bobby159753 > 2017-03-28 06:48 | Report Abuse

Keep frying the old news. Just a normal plumbing company. There tons of this type of company in the market.