KELINGTON GROUP BERHAD

KLSE (MYR): KGB (0151)

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Last Price

2.99

Today's Change

-0.03 (0.99%)

Day's Change

2.97 - 3.02

Trading Volume

224,500


19 people like this.

6,306 comment(s). Last comment by multi-bagger 2 days ago

Toto2009

601 posts

Posted by Toto2009 > 2018-08-28 20:08 | Report Abuse

Expected earning of 4 mil, price should be supportive and edge up to 0.9-0.95

Posted by Warren Chan > 2018-08-28 21:10 | Report Abuse

not cheap

Posted by 100002261680955 > 2018-08-29 08:43 | Report Abuse

Strength of Kgb

1.First half net profit already RM 8million (2017 total RM12million) Coming quarter will stronger mostly can get each quarter RM5million to archive RM 18million whole year.
2.Strong balance sheet.Net cash position.
3.Cash for expanding to Carbon dioxide plant already ready, no need right issue. Something like sapura case would't happen.
4.In tandeem with growing of China semi-conductor industry, the contract will come non-stop until 2020.
5. Management said they share is undervalue
6. Next year is their 10th anniversary, big goodies like bonus or special dividend may come if dont have any bad happend.

The constraint may be lack of capacity to grab bigger in short term.

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-08-29 10:47 | Report Abuse

Nice ! Start taking profit, thanks.

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-08-29 10:49 | Report Abuse

Wow! earn more again! good stock, i have earned a lot to pay my bills.

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-08-29 11:16 | Report Abuse

Price will gap up this morning, good luck to all and enjoy the rollercoaster.... hehe

Posted by Smartguy1983 > 2018-08-29 11:56 | Report Abuse

Result within expectation, price should uptrend as more projects secured and more to come!

Posted by RocketRider > 2018-08-30 06:50 | Report Abuse

Everything looks good, the only thing is less coverage by IB for time being, good time to accumulate more.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-08-30 11:11 | Report Abuse

Weak market. Less buyer and profit taking. If lower earning will drop like mad.

When growth is there just hold.

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-08-30 11:32 | Report Abuse

Looks good to buy,profit incoming.....

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-08-30 12:24 | Report Abuse

Yahoooo ! Good profit tho, can spend more already kikiki

Toto2009

601 posts

Posted by Toto2009 > 2018-08-30 13:51 | Report Abuse

Ya, better accumulate while it is still cheap!!! RM1-1-5 kambing!!!!

apolloang

18,163 posts

Posted by apolloang > 2018-08-30 14:46 | Report Abuse

y u follow my word KAMBING? hehe.....KGB is a Russian spy beware....hahaha

lizi

1,968 posts

Posted by lizi > 2018-08-30 16:49 | Report Abuse

earning seem peak already around 4 mil ++

Toto2009

601 posts

Posted by Toto2009 > 2018-08-30 17:04 | Report Abuse

Apolloang l, lol, kambing is a common word for Malaysian ma.... no worries, after few days resting, next week it will continue its uptrend, every stocks also got a lot of spy, sharks, ikan bilis in there to play their role

Posted by newbies wong > 2018-08-30 17:06 | Report Abuse

holding......never worries

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-08-30 18:44 | Report Abuse

float share very low less than 3m shares, its just go around that. if uht contract continue expand, plus co2 (late 2019), revenue will increase. need to have big patient on this type of stock.

_____________

earning seem peak already around 4 mil ++

andr

463 posts

Posted by andr > 2018-09-01 13:50 | Report Abuse

Today my screener of 925 stocks points to JUST this one particular stock to buy.

Posted by Smartguy1983 > 2018-09-03 17:31 | Report Abuse

Nice counter, rebound signal ON already, tomorrow shall move north to 0.90 and above.... kikikiki....

steeelman

845 posts

Posted by steeelman > 2018-09-03 21:50 | Report Abuse

net profit margin still low

Posted by newbies wong > 2018-09-03 23:05 | Report Abuse

MARKET NOT GOOD, WONT RUN SO FAST, HAVE TO WAIT....BE PATIENT

Posted by Smartguy1983 > 2018-09-04 10:12 | Report Abuse

Dont worries Steeelman and newbies, stock market always buy forward for the company potential earnings growth, KGB has secured many contracts and more to come. Moreover benefiting from Trade War which escalating, it price will continue to uptrend and supportive, my TP for it short term will be 0.95

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-09-04 12:18 | Report Abuse

Rakuten has released its 1st coverage on KGB, TP 1.06. 1st ever IBs coverage this year.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-09-04 12:19 | Report Abuse

Kelington Group Bhd ("KGB") growth trajectory continues with their industrial gas foray via a 15-year supply agreement from Petronas to purchase CO2 gas for their new plant (next to Petronas Gas Processing Plant) in Kerteh Terengganu. The plant is expected to start contributing by mid-2019. We are upgrading our target price to RM1.06 based on 12x PER FY19 FBM Small Cap Index average.

KGB recent results continues to show strong growth with revenue rising 28% and net profit almost doubling to RM8.6m in 1H2018 vs RM4.4m in 1H2017. This is supported by their core business division of Ultra High Purity ("UHP") gas and process engineering which tend to command better margins.

KGB has secured new projects totalling RM236m to-date and management is confident it will be better than the RM374m secured last year. Outstanding orderbook of RM252m is expected to benefit from China's ambitious plans for self-sufficiency and Made in China 2025 for semiconductor and fab equipment.

KGB's next growth catalyst would be their industrial gas division where they are building a CO2 plant next to Petronas Gas Processing Plant in Kerteh costing an estimated RM50-60m with production capacity of 50,000 tonnes per year. It recently completed 10% private placement raising RM17.8m to part-finance the venture This division started on strong footing last year with a RM20m 10-year contract for on-site gas supply to one of the largest manufacturers of solar cells and modules in Cyberjaya.

KGB balance sheet remains sound with net cash position of RM40m and has 25% dividend policy translating to over 2% in dividend yield. In line with global semiconductor growth and their industrial gas business expansion plans, earnings are projected to continue to grow at double digit close to 30% FY18 and FY19.

Source: Rakuten Research - 3 Sept 2018

Posted by Smartguy1983 > 2018-09-04 15:52 | Report Abuse

Nice sharing Superpanda!!! Share price uptrending.... kikiki....

starcam

49 posts

Posted by starcam > 2018-09-04 20:01 | Report Abuse

Thanks SuperPanda... Time to collect more

Secret

875 posts

Posted by Secret > 2018-09-05 09:47 | Report Abuse

Time to move up to 1.00!!

tokohM

432 posts

Posted by tokohM > 2018-09-05 10:01 | Report Abuse

aiyo, I missed out Rakuten recommendation. but most of the time, not really reliable.

Posted by Smartguy1983 > 2018-09-05 10:09 | Report Abuse

Nice KGB!!!! congrats to those still holding it.... kikiki.... my price 0.75....

Posted by Smartguy1983 > 2018-09-05 10:10 | Report Abuse

Resistance will be 0.95, once break it shall test 1-.1.2 range...

tftey

326 posts

Posted by tftey > 2018-09-05 10:33 | Report Abuse

Good Growth in Sales and Profit, Good TA and FA stock

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-09-05 10:43 | Report Abuse

Good potential stock, bought it !!!

Posted by Smartguy1983 > 2018-09-05 11:07 | Report Abuse

Welcome Tek Wai... : )

Posted by jordanmaggie61 > 2018-09-05 11:38 | Report Abuse

Price will gap up this morning, good luck to all and enjoy the rollercoaster.... hehe

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-09-05 11:46 | Report Abuse

Volume is amazing, ave range 1-3m traded. Today might hit >10m shares.

iLinks97

251 posts

Posted by iLinks97 > 2018-09-05 12:10 | Report Abuse

Rakuten buy calls always hit target . MI is an example

steeelman

845 posts

Posted by steeelman > 2018-09-05 12:11 | Report Abuse

wow big volume

Posted by Smartguy1983 > 2018-09-05 14:24 | Report Abuse

Buy Buy Buy! possibly to hit RM1

Posted by newbies wong > 2018-09-05 15:01 | Report Abuse

take profited! thanks KGB

Posted by Letmewatchthis > 2018-09-05 15:37 | Report Abuse

whathefaq isit? suddenly drop?

Posted by Smartguy1983 > 2018-09-05 15:39 | Report Abuse

Nope, whole Asia market turned red and most KLSE counters from up turned dropped... trade war worries....

Posted by Smartguy1983 > 2018-09-05 16:13 | Report Abuse

KGB on sales now!!! damn cheap..... faster buy in before too late!!!! Kikiki

Posted by Smartguy1983 > 2018-09-05 17:34 | Report Abuse

Nice closing today despite panic selling still manage to stay green for KGB.... :)

Posted by Hunter 88 Hunter 88 > 2018-09-05 19:02 | Report Abuse

Buy2

1532

150 posts

Posted by 1532 > 2018-09-05 19:21 | Report Abuse

Give you all tips, tomorrow rm1 , since cheap fast buy !!

nakata

306 posts

Posted by nakata > 2018-09-05 23:23 | Report Abuse

Director start selling ..

James Ng

2,696 posts

Posted by James Ng > 2018-09-06 09:21 | Report Abuse

https://klse.i3investor.com/blogs/general/173039.jsp
[转贴] [KELINGTON GROUP BHD:来自中国,马来西亚和新加坡的健康订单增长,新订单增加至2.36亿令吉,总订单增加至4.27亿令吉,其中仍有2.52亿令吉未进账] - James的股票投资James Share Investing

1532

150 posts

Posted by 1532 > 2018-09-06 09:37 | Report Abuse

Target RM1 up up up

Posted by Toptrader2018 > 2018-09-06 10:14 | Report Abuse

KGB wa buying like a hot cake..gogogo

Posted by jordanmaggie61 > 2018-09-06 10:26 | Report Abuse

Never regret for buying this stock, profit is real

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