Posted by Nepo > 2021-05-07 10:53 | Report Abuse

I hold about 12% in my portfolio which is also the largest.
Hopefully the ship is strong enough to withstand the bad weather now..

Posted by Nepo > 2021-05-07 11:43 | Report Abuse

I read from somewhere, they predicted that Q1 is extremely good. The report matched with bonus annoucement..otherwise what is the motive to push up the share price if bonus announcement doesn't support by good news..

Posted by Gabriel Khoo > 2021-05-07 16:00 | Report Abuse

expecting PAT for FY2021 around 32M, including write-back then PAT around 36M

Posted by SHQuah > 2021-05-08 10:18 | Report Abuse

What is PAT ? Please advise.

Posted by Zephyrus123 > 2021-05-08 10:18 | Report Abuse

PAT is profit after tax

Posted by SHQuah > 2021-05-08 11:03 | Report Abuse

Last quarter net profit only 7.5m. if coming quarter profit really can achieve 36m. Then stocks price sure go up. By the time Bonus and warrants approved, TP RM3.00. possible ?

Posted by anvil88 > 2021-05-08 11:35 | Report Abuse

eh hello 20Q4 7.5m you expect 21Q1 36m? huh? he mean PAT FY2021, the whole year leh, but if can TP3.00 would be nice thou

Posted by SHQuah > 2021-05-08 13:57 | Report Abuse

Year 2020 total PAT 17.1m. if this year PAT 36m, profit increase by 100 %.

Posted by anvil88 > 2021-05-08 14:26 | Report Abuse

hopefully, lets wait and see, together... the boat wont sink...

Posted by chai2145 > 2021-05-09 20:22 | Report Abuse

Q1 8.5mil just guess

Posted by Nepo > 2021-05-10 08:14 | Report Abuse

Extracted from FY 2020 Annual Report

KELINGTON GROUP BERHAD [Company No. 199901026486 (501386-P)]
ANNUAL REPORT 2020

2021 OUTLOOK AND PROSPECTS

After a year of muted growth, the global semiconductor industries are projected to resume its expansionary trajectory to address the explosive demand for integrated chips. The rising technological advancement in modern-day gadgets and vehicles are increasing the need for more chips and this has caused a global shortage leading to production disruptions across multiple industries.

The global semiconductor sales are projected to increase by 8.4% in 2021, driven by an ever increasing number of devices embedding semiconductor technology throughout the world, ranging from smartphones and tablets, automotive electronics, cloud computing data centres, as well as optoelectronics such as photonics and fibre optics. Global semiconductor players are ramping up its capacities and capabilities to race against the rising demand. High capital expenditure spending is expected in Asian countries such as China, where it is racing to gain chip independence.

This augurs well for Kelington as every expansion in a wafer fabrication facility requires UHP solutions, be it a new facility or an upgrade in equipment for existing fabrication facility.
The Group will continue to ride on the booming growth and intensify our efforts to expand our clientele in China. We have made good progress in the first half of FY2021 and successfully clinched new milestone contracts worth approximately RM37.9 million to perform gas hook up works for Ruili Integrated Circuit Co. Ltd’s memory chip wafer fab project at Hefei, the capital of Anhui Province, China. Ruili Integrated Circuit Co. Ltd is the parent company of ChangXin Memory Technologies, Inc., China’s first independently developed memory chip maker. The new addition
marks a breakthrough for Kelington as it represents the very first project win from the reputable state-owned semiconductor player. The pursue of this project is no easy feat, especially for a non-local player like Kelington, having to competewith renowned industry players from all around the world.

Recovery is also expected in the process engineering segment as non-electrical industries are back on track for growth. The Group is seeing a resurgence of expansion activities where multinational companies are investing to upgrade its facilities as well as build new plants. Two of our main markets, Malaysia and Singapore, are expected to have gradual recovery in economic activities while undergoing the rollout of COVID-19 vaccines programme.

The resumption in economic activities is also driving demand for LCO2. Our manufacturing facility is operating at an average of about 60% utilisation rate with some months reaching peak of 100% utilisation. The demand is coming from both the domestic and overseas market. The Group intends to expand our market segment to include end users such as food and beverage industries that consume larger amounts of LCO2 to produce carbonated drinks and frozen food.
In conjunction with this expansion plan, the Group had obtained the Food Safety System Certification (FSSC 22000) particularly for food safety/ quality management system certification for its manufacturing, storage and distribution ofLCO2 activities for food and beverage industries in October 2020.

Our goal is to be a reputable regional player in the Industrial Gases segment. We will be accelerating our export activities by investing in transportation equipment and deploy more sales personnel to tender for contracts in the overseas markets, which includes Singapore, Taiwan and Indonesia. We have recently supplied two skid tanks of LCO2 to Taiwan for a pilot project and are delivering higher volume of supplies to Singapore via our in-house fleet of tankers.
In addition to the LCO2 products, we aim to expand our product offerings within the Industrial Gases business, which include, but are not limited to, manufacturing and trading of nitrogen, oxygen, argon, and hydrogen.

The start of 2021 has been encouraging thus far as our replenishment of orders in the engineering business remains robust with RM59 million new orders secured for works under the UHP segment for the China market . This has bolstered the Group’s outstanding orderbook to RM 465.9 million as at 31 March 2021, prior recognition of Q12021 revenue. Majority of the new orders secured were for works under the UHP segment for the China market. The Group’s tenderbook is at a healthy level with project bids worth RM900 million across China, Malaysia, Singapore and Taiwan.

Coupled with the rising orders for our liquid carbon dioxide products, we are upbeat that FY2021 will be a remarkable year where Kelington will rebound strongly with greater growth.

Posted by anvil88 > 2021-05-10 10:46 | Report Abuse

Coupled with the rising orders for our liquid carbon dioxide products, we are upbeat that FY2021 will be a remarkable year where Kelington will rebound strongly with greater growth.

Posted by collie > 2021-05-10 12:29 | Report Abuse

hope you are right about better q1 nepo.

Posted by neohts > 2021-05-10 15:26 | Report Abuse

Nepo....please support the share price from falling.

Posted by Nepo > 2021-05-10 15:44 | Report Abuse

Stay calm
It is quite obvious RM 2 is a critical point...

Posted by collie > 2021-05-10 17:21 | Report Abuse

bearish engulfing. not a good sign. if continue drop i’ll enter for the prospects.

Posted by SHQuah > 2021-05-10 17:48 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3155998

Why sell when major shareholders is buying.

Posted by kens88 > 2021-05-10 18:11 | Report Abuse

Many trapped here? Me too

Posted by Nepo > 2021-05-10 19:52 | Report Abuse

I believe tomorrow is a good time to top up..

Mco 3 tomolo but i was wondering why biz still can operate tomorrow..

Not easy to earn from stock market because you do not have timely information. Besides courage, patience...you must also have longer breath than operator before going to...Holland...

Posted by Hafid > 2021-05-10 20:26 | Report Abuse

Already built in

Posted by neohts > 2021-05-11 10:15 | Report Abuse

https://klse.i3investor.com/insider/substantialShareholder/0151/10-May-2021/515562_2849469753.jsp

Name ABERDEEN ASSET MANAGEMENT PLC
Date of Change Type Number of Shares
06-May-2021 Acquired 253,100

Posted by neohts > 2021-05-11 14:59 | Report Abuse

Market down is the time to accumulate and not the right time to sell.

Posted by SHQuah > 2021-05-11 15:51 | Report Abuse

Based on today trading pattern, looks like Bonus issues and warrants is going to approve soon.

Posted by collie > 2021-05-11 18:43 | Report Abuse

i have bad feeling the price wont budge even when announced for bonus since market sentiment aint that good now. vs industries is the best example although the price have accumulated since feb. hope that i am wrong.

Posted by neohts > 2021-05-17 09:24 | Report Abuse

Still in collection mode.....hold on. Waiting for Q1 result.
Hopefully result good, then will fly high.
When Bonus and free warrant approve, then fly even higher.

Posted by firehawk > 2021-05-17 09:30 | Report Abuse

Last year May was only 90 sen, now 2.00, rose 100% in 1 yr .... and announces bonus issue to encourage people to buy, very good !!!

Posted by SHQuah > 2021-05-17 09:38 | Report Abuse

Very strong support at RM2. Safe to buy at current price. Please sell if you have no confidence. Last year is history. We are talking about future.

Posted by collie > 2021-05-17 11:11 | Report Abuse

one big seller at 1.99

Posted by firehawk > 2021-05-17 11:27 | Report Abuse

future? ha ha ha! guessing about the future? right?

Posted by kens88 > 2021-05-17 12:19 | Report Abuse

The bosses Con people to buy.

Posted by Nepo > 2021-05-17 14:19 | Report Abuse

A bit of patience lah!
You bought in this share you should have confidence in this counter.
QR will be announced very soon. Let result show us the fact...

Posted by neohts > 2021-05-17 15:21 | Report Abuse

Bought 1.99

Posted by SHQuah > 2021-05-17 15:25 | Report Abuse

Q buy 1.98 waiting.

Posted by SHQuah > 2021-05-17 16:28 | Report Abuse

Still waiting at 1.98. please sell to me.

Posted by Leonggg > 2021-05-17 19:35 | Report Abuse

This counter is for people who are aiming at long term. If you are short term investor, not recommend you come and buy this stock.

Posted by chai2145 > 2021-05-17 23:17 | Report Abuse

Kgb is good company, already hold almost 1 year

Posted by gemfinder > 2021-05-17 23:20 | Report Abuse

Got gain beter sell la. Else u lose ur gain

Posted by Nepo > 2021-05-18 05:44 | Report Abuse

Turbulence is almost over. Vaccines are effective.

Hold tight tight. The ship still remain intact.

The most painful thing in investing life is sell at the rock bottom price..

Posted by Garmadon > 2021-05-18 09:54 | Report Abuse

im waiting below 1.9

Posted by 林佳欢 > 2021-05-18 10:12 | Report Abuse

anyone going to attend agm next month in shah alam？

Posted by lsv1977final > 2021-05-18 15:28 | Report Abuse

This counter is oversold, will move up anytime

Posted by Nepo > 2021-05-18 17:06 | Report Abuse

Now it is time to sell my cloth, my pants, etc and buy in my last batch..

Kgb already dries up my last reserve.. hopefully not going to declare bankruptcy..

Posted by anvil88 > 2021-05-18 17:33 | Report Abuse

wont la, next month got 1cent dividend for you to buy instant noodlesss

Posted by collie > 2021-05-18 21:38 | Report Abuse

Mr.Soo support also today

Posted by Nepo > 2021-05-19 09:57 | Report Abuse

Mr Soo Yuit Weng is a Chartered Accountant and is currently practicing under his own firm Y W Soo & Co. Prior to that, Mr Soo was attached to various firms and has been more than 23 years experience in the field of audit and taxation. Mr Soo is currently a Perak Branch Committee Member of CTIM, and also the panel member for Advocates & Solicitors Disciplinary Board of the Malaysian Bar.
=====..=======..======

Mr Soo is a non executive director.
Non executive director buy in is better than executive director as he is more independent.

Quite obvious this counter is waiting for QR result..the share price is stable regardless of index moving..based on the share price movement, really no clue how it was performed.

Time running short..top up some @ RM 1.97..QR gonna to release..however it is not good to bid QR result..Kgb is my exceptional holding to buy before QR annoucement..

All the best for those who buy in..

Posted by neohts > 2021-05-19 14:58 | Report Abuse

Result could be this Friday or next week.
If you think the result is going to be very good. Buy now.
If you not sure. Just hold.

Posted by Garmadon > 2021-05-19 16:48 | Report Abuse

sold mine today me only had little lot only.
just insider info QR not so good, not sure can believe or not i just sell and see what will happen. good luck

Posted by neohts > 2021-05-20 11:23 | Report Abuse

If the boss or insider ask you to sell, then you better buy because he want to buy cheaper from you.
If the boss or insider ask you to buy, then you better sell because want sell higher to you.

QR coming soon. So just wait. Director and major shareholder is collection recently ? up to you to guess why ?

Posted by SHQuah > 2021-05-20 11:26 | Report Abuse

I am still collecting at 1.98 almost every day.

Posted by SHQuah > 2021-05-20 16:25 | Report Abuse

Collected more than 500k. Enough.