KELINGTON GROUP BERHAD

KLSE (MYR): KGB (0151)

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Last Price

3.02

Today's Change

+0.20 (7.09%)

Day's Change

2.81 - 3.04

Trading Volume

3,233,700


19 people like this.

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

anvil88

33 posts

Posted by anvil88 > 2021-05-27 23:31 | Report Abuse

this mean good right Gabriel Khoo?

neohts

2,291 posts

Posted by neohts > 2021-05-28 10:33 | Report Abuse

I hope KGB could break RM2.50 before Bonus and Warrant Ex date which could be in June.

SHQuah

5,363 posts

Posted by SHQuah > 2021-05-28 11:05 | Report Abuse

My TP RM2.50 on 15 June during AGM.
My TP RM2.80 before bonus and warrants Ex date. Good luck.

Posted by Gabriel Khoo > 2021-05-28 11:12 | Report Abuse

Worth to cover given their unique biz model and no 2 industrial gas vendor in malaysia

neohts

2,291 posts

Posted by neohts > 2021-05-28 14:06 | Report Abuse

KGB in wafer fabrication with customers like TSMC, SMIC, Infineon and Silterra.
Pharmaceuticals & Biotechnology with customer like B Braun and Pantai medical.

SHQuah

5,363 posts

Posted by SHQuah > 2021-05-28 17:55 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3161638

AGM & EGM - proposed approve Bonus issues with Free warrants.

Leonggg

88 posts

Posted by Leonggg > 2021-05-28 22:02 | Report Abuse

Nxt week wl drop drastically once agn. Shake the f out of those weak holders. Long term investors hold tight. Short term investors good luck bye bye.

Nepo

3,376 posts

Posted by Nepo > 2021-05-31 11:16 | Report Abuse

This share performance is quite impressive despite the headwind from FMCO. No much panic selling. Probably share price is supported by the bonus news.

Outlook look good and hopefully no turbulence after EGM @ 15 Jun 2021- bonus issue approval..

neohts

2,291 posts

Posted by neohts > 2021-05-31 11:21 | Report Abuse

KGB go green now.....up up all they way until AGM & EGM and Bonus and warrant Ex date.

collie

205 posts

Posted by collie > 2021-05-31 11:32 | Report Abuse

Yup the bull caught up the bear and im more convinced with a double bottom now. Should be up within the next month hopefully

jwinter3

24 posts

Posted by jwinter3 > 2021-05-31 11:55 | Report Abuse

Kenanga: OUTPERFORM and Target Price of RM2.60 based on FY21E PER of 26x ( 0.5SD to 3-year mean).

SHQuah

5,363 posts

Posted by SHQuah > 2021-05-31 15:09 | Report Abuse

Let's cooperates, Don't sell.

neohts

2,291 posts

Posted by neohts > 2021-05-31 15:21 | Report Abuse

Correct, it's very easy to push up a company share price if every shareholders could cooperate.
Don't sell, hold and let the buyer and syndicate to control the price. We need good team work.

neohts

2,291 posts

Posted by neohts > 2021-05-31 15:41 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/05/31/mof-og-manufacturing-and-ee-sectors-crucial-for-economy

KUALA LUMPUR: The aerospace industry, oil & gas, manufacturing and electrical & electronics (E&E) sectors have been allowed to operate during the full lockdown from June 1 to 14 as they are crucial to the economy, the Ministry of Finance (MoF) says.

neohts

2,291 posts

Posted by neohts > 2021-05-31 16:20 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3162290

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:- (I) PROPOSED BONUS ISSUE UP TO 322,623,476 NEW ORDINARY SHARES IN KELINGTON GROUP BERHAD ("KELINGTON" OR THE "COMPANY") ("SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING SHARE HELD ON AN ENTITLEMENT DATE ("BONUS ENTITLEMENT DATE");

(II) PROPOSED ISSUANCE OF UP TO 215,082,317 FREE WARRANTS IN KELINGTON ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 3 SHARES HELD ON AN ENTITLEMENT DATE, WHICH WILL BE AFTER THE BONUS ENTITLEMENT DATE; AND

(III) PROPOSED DIVERSIFICATION OF THE EXISTING PRINCIPAL ACTIVITIES OF KELINGTON AND ITS SUBSIDIARIES TO INCLUDE MANUFACTURING, DISTRIBUTION AND TRADING OF INDUSTRIAL AND SPECIALTY GASES ("INDUSTRIAL GASES BUSINESS")

SHQuah

5,363 posts

Posted by SHQuah > 2021-05-31 16:26 | Report Abuse

Getting free warrants is like getting Chinese new year ANG POW.

neohts

2,291 posts

Posted by neohts > 2021-06-01 16:31 | Report Abuse

Source : MalaccaSecurities
Stock : KGB Price Target : 2.55 | Price Call : BUY
Last Price : 2.02 | Upside/Downside : +0.53 (26.24%)

Source : KENANGA
Stock : KGB Price Target : 2.60 | Price Call : BUY
Last Price : 2.02 | Upside/Downside : +0.58 (28.71%)

SHQuah

5,363 posts

Posted by SHQuah > 2021-06-01 17:06 | Report Abuse

Why sell when you are supposed to buy now.? You will regret for the rest of your life if you don't buy now. Bonus and free warrants waiting for you.

Posted by ultrakenzo > 2021-06-02 10:00 | Report Abuse

Good time to buy - now or never!

jwinter3

24 posts

Posted by jwinter3 > 2021-06-02 10:13 | Report Abuse

High business barriers to get into

jwinter3

24 posts

Posted by jwinter3 > 2021-06-02 10:15 | Report Abuse

* must have time!

collie

205 posts

Posted by collie > 2021-06-02 11:16 | Report Abuse

how you guys feeling squad? hahaha

SHQuah

5,363 posts

Posted by SHQuah > 2021-06-02 16:31 | Report Abuse

Market very good. Buy now before too late. TP RM2.80 before bonus and warrants Ex date.

collie

205 posts

Posted by collie > 2021-06-02 17:06 | Report Abuse

market no good? wdym?

SHQuah

5,363 posts

Posted by SHQuah > 2021-06-02 18:28 | Report Abuse

Major shareholders buying

Nepo

3,376 posts

Posted by Nepo > 2021-06-02 18:55 | Report Abuse

Major shareholder, Aberdeen monitors this share very closely. It bought on dipped on 31 May 21 while some holders panic selling on that morning. Another thing quite obvious is that Aberdeen tries to buy below RM 2.

I believe short-term this share is ok..but not so sure after EGM @15 Jun 21..in short you have to bet it..

Nepo

3,376 posts

Posted by Nepo > 2021-06-02 19:10 | Report Abuse

Last QR worry me is the trade receivables suddenly shoot up while cash at bank substantially reduce.. hopefully no hanky panky things like Serbak Dinamik..

Posted by Skywalker00 > 2021-06-02 19:24 | Report Abuse

A stock from 20 cents can go rm2.0 is a real deal... maybe.. just trade and don’t worry but don’t invest la...

Jeffson87

281 posts

Posted by Jeffson87 > 2021-06-02 20:36 | Report Abuse

I suggest to visit their company website and look at the clients that kgb is serving. Easily more than 5 big international names that u will recognize. Silterra, Infineon, SMIC, TSMC, Panasonic, Micron, Sunpower, Western Digital, Seagate, Hewlett Packard, Braun, big enough?

My personal opinion, KGB is something like Frontken. Proxy to certain mega brand, however albeit niche and margin is not high. Semiconductor and RE solar is current trend and also the future. Do expect KGB to grow alongside those big names.

Psst.. Try look out for KGB top shareholders list. Plenty of Funds inside. Cheers

Posted by Gabriel Khoo > 2021-06-02 21:34 | Report Abuse

KGB always provide aging list in their qr. Most of the debtors have yet due. The trend is in line with last few quarters/ years

chai2145

77 posts

Posted by chai2145 > 2021-06-02 22:30 | Report Abuse

How to participate EGM held on 15 june?

neohts

2,291 posts

Posted by neohts > 2021-06-03 09:43 | Report Abuse

https://klse.i3investor.com/blogs/kenangaresearch/2021-05-27-story-h1565274773-Kelington_Group_A_Good_Start.jsp

Glimpse of huge potential was seen in the industrial gas segment as it chalked an impressive revenue growth of 73% YoY and 28% QoQ to RM8.8m with 60% utilisation rate.

Maintain OUTPERFORM and Target Price of RM2.60

neohts

2,291 posts

Posted by neohts > 2021-06-03 09:44 | Report Abuse

https://klse.i3investor.com/blogs/MplusOnline/2021-05-27-story-h1565275454-Kelington_Group_Bhd_Leveraging_on_the_UHP_and_industrial_gas_expansion.jsp

Leveraging on the UHP and industrial gas expansion

Kelington Group Bhd (KGB) has evolved to become a multi-disciplinary engineering services provider, specialising in ultra high purity (UHP) and industrial gas services with regional presence in countries across South East Asia and China

Leonggg

88 posts

Posted by Leonggg > 2021-06-03 12:13 | Report Abuse

@chai2145 EGM will be held virtually cn go their website register

SHQuah

5,363 posts

Posted by SHQuah > 2021-06-03 12:27 | Report Abuse

Don't sell, buy more. As long as you could hold until Bonus and warrants Ex date, the price should continue going up.

chai2145

77 posts

Posted by chai2145 > 2021-06-03 18:37 | Report Abuse

Thanks leonggg

neohts

2,291 posts

Posted by neohts > 2021-06-08 09:33 | Report Abuse

Obviously someone is accumulation now.
They will only push the price up after EGM and after they have fixed the Exercise price for Warrant.
By then there is no way you can buy at current price.
Buy now before it's too late.

SHQuah

5,363 posts

Posted by SHQuah > 2021-06-08 10:45 | Report Abuse

Engine warming up. After EGM TP 2.50. Before Bonus and warrants Ex date TP 3.00.

collie

205 posts

Posted by collie > 2021-06-08 12:19 | Report Abuse

Yup agree with both of you @neohts & @SHQuah, i think we will reap the rewards by this month.

SHQuah

5,363 posts

Posted by SHQuah > 2021-06-08 12:43 | Report Abuse

Try to collect as much as you could below 2.10 today, you will be rewarded soon.

collie

205 posts

Posted by collie > 2021-06-08 14:27 | Report Abuse

Collected a lot since 1.85 hahaha need to reserve some bullets first

neohts

2,291 posts

Posted by neohts > 2021-06-08 14:53 | Report Abuse

AGM and EGM next Tuesday 15th June 2021

collie

205 posts

Posted by collie > 2021-06-08 16:13 | Report Abuse

Yup, you guys joining? i think tmr will up quite a bit.

Mush Joker

394 posts

Posted by Mush Joker > 2021-06-09 12:21 | Report Abuse

don't guess. u will be disappointed hahaha

jinova546

242 posts

Posted by jinova546 > 2021-06-10 09:55 | Report Abuse

Today cannot trade KGB??

neohts

2,291 posts

Posted by neohts > 2021-06-10 14:36 | Report Abuse

Just wait until Next Tuesday AGM and EGM. Once Bonus and warrant approved and Date Fixed. then up all the way.

SHQuah

5,363 posts

Posted by SHQuah > 2021-06-11 10:34 | Report Abuse

Getting Free warrants is like getting early Chinese New year ANG POW. Buy now before too late.

Nepo

3,376 posts

Posted by Nepo > 2021-06-12 06:33 | Report Abuse

I looked at Kobay share price i realised one thingy is that right now tech/electronic stocks may not have price limitation when sb goreng the stocks.anything can happen...probably this is what someone called when u are in the right time the at right biz, pigs also can fly..

Hopefully Kgb is another Kobay in the making..
Pls take note this is NOT buy or sell call, i only write here to share my opinion.

Dakewlest

1,754 posts

Posted by Dakewlest > 2021-06-12 07:19 | Report Abuse

My average bought price is around RM2.50. Anyone else?

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