KELINGTON GROUP BERHAD

KLSE (MYR): KGB (0151)

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Last Price

3.49

Today's Change

+0.13 (3.87%)

Day's Change

3.35 - 3.50

Trading Volume

2,082,700


22 people like this.

6,428 comment(s). Last comment by Augustine 6 hours ago

dawchok

556 posts

Posted by dawchok > 2021-06-18 21:15 | Report Abuse

Make it simple, keep your KGB till the ex-date of warrant. The ex date will be likely announced in Jul21.

Petronas

815 posts

Posted by Petronas > 2021-06-18 21:17 |

Post removed.Why?

Nepo

3,433 posts

Posted by Nepo > 2021-06-18 21:19 | Report Abuse

@ dawchok, i see, just now confused.
Once sold, you are not shareholders, how to get warrants.

dawchok

556 posts

Posted by dawchok > 2021-06-18 21:32 | Report Abuse

1:1 bonus has no actual value, just RM10=2xRM5. The free warrant is something attractive. I ANTICIPATE the warrant will be traded at around 40 cts, meaning 1 mother share today will get you free RM0.26 cts via the free wa when listed sometime in Aug.

Nepo

3,433 posts

Posted by Nepo > 2021-06-18 22:13 | Report Abuse

Good guide @dawchok.

Mesham

6 posts

Posted by Mesham > 2021-06-19 08:28 | Report Abuse

Dawchok: I took your insight and bought KGB.. Hope to see good reward.

dawchok

556 posts

Posted by dawchok > 2021-06-19 12:55 | Report Abuse

Mesham : welcome and good luck.

anvil88

33 posts

Posted by anvil88 > 2021-06-19 13:59 | Report Abuse

dawchok 1:1 bonus has no actual value, just RM10=2xRM5. The free warrant is something attractive. I ANTICIPATE the warrant will be traded at around 40 cts, meaning 1 mother share today will get you free RM0.26 cts via the free wa when listed sometime in Aug.

Agree, I also think that the warrant price will be within this range with exercise price of 90cts

SHQuah

5,363 posts

Posted by SHQuah > 2021-06-20 17:30 | Report Abuse

How do they calculate Warrants exercise price ? Based on 5 days average price of bonus Ex date ?

anvil88

33 posts

Posted by anvil88 > 2021-06-21 00:01 | Report Abuse

base on 5 days average trading price with a premium of 30%? I guess

charlie chia

2,151 posts

Posted by charlie chia > 2021-06-21 00:54 | Report Abuse

Mentioned in the prospectus with 10-30 premium

neohts

2,487 posts

Posted by neohts > 2021-06-21 08:59 | Report Abuse

30% premium is very good.

neohts

2,487 posts

Posted by neohts > 2021-06-21 11:01 | Report Abuse

Bought ....added more at RM2.23. Will buy more if drop below 2.20.

Nepo

3,433 posts

Posted by Nepo > 2021-06-21 11:36 | Report Abuse

@neohts, nice to see you have plenty of bullets to collect more..

collie

205 posts

Posted by collie > 2021-06-21 14:52 | Report Abuse

I also re-enter some at 2.23 after taking profit last week. Despite the big drop i think the support is still there for kgb!!

neohts

2,487 posts

Posted by neohts > 2021-06-21 15:46 | Report Abuse

Today whole market down only can get this price.
Tomorrow when market up, no way you could buy so cheap.

charlie chia

2,151 posts

Posted by charlie chia > 2021-06-21 21:56 | Report Abuse

Neons, the higher the premium is not good for us. Only benefit the owner

collie

205 posts

Posted by collie > 2021-06-22 17:09 | Report Abuse

So grateful to have matched my 2.27 sale. Today’s movement really discouraging especially the end. Dipping back down the upper trend line. I guess I’ll stay out for some time now and focus on other recovery. All the best @SHQuah and @neohts! Hope we all earn big in this counter!

SHQuah

5,363 posts

Posted by SHQuah > 2021-06-22 17:28 | Report Abuse

Why down before closing ? Contra players ?

Posted by Lstoretech6 > 2021-06-22 17:30 | Report Abuse

Kelington Group Bhd (KGB) is expected to secure more Singapore-based jobs in the second half of 2021, underpinned by notable fabrication expansion projects coming on stream in the country.

RHB Investment Bank noted that KGB clinched RM105mil worth of new orders in the first quarter of this year, amounting to around 24% of the research house’s orderbook replenishment assumption for 2021.


https://www.thestar.com.my/business/business-news/2021/06/17/kelington-seen-to-secure-more-singapore-jobs

chai2145

86 posts

Posted by chai2145 > 2021-06-22 22:28 | Report Abuse

Hopefully KGB get this contract from singapore

anvil88

33 posts

Posted by anvil88 > 2021-06-22 22:32 | Report Abuse

SHQuah https://www.thestar.com.my/business/business-news/2021/06/22/chipmaker...

You should say hope got good news announce soon enough then many people come and goreng this counter. When someone highlight the beneficiary of this abudhabi company invested and benefited from it, maybe KGB will fly.

chai2145

86 posts

Posted by chai2145 > 2021-06-22 23:00 | Report Abuse

Haha , if goreng sure will drop very fast also

chai2145

86 posts

Posted by chai2145 > 2021-06-22 23:00 | Report Abuse

value of the company

anvil88

33 posts

Posted by anvil88 > 2021-06-23 00:10 | Report Abuse

when someone goreng we sell at a suitable price then reenter again haha

mimisita

348 posts

Posted by mimisita > 2021-06-23 17:16 | Report Abuse

buy before bonus issue kekeke

Nepo

3,433 posts

Posted by Nepo > 2021-06-23 18:49 | Report Abuse

You sure buy before bonus issue..?
I may decide to top up only after bonus issue..

SHQuah

5,363 posts

Posted by SHQuah > 2021-06-23 20:43 | Report Abuse

If you buy after bonus issue, you won't be getting free warrants.

dawchok

556 posts

Posted by dawchok > 2021-06-23 20:53 | Report Abuse

SH : my understanding is that you still entitle for free warrant after the ex-date of bonus issue on 1Jul. Assuming on 30Jun, KGB closed at rm2.18, on 1Jul21, the mother share will open at 2.18/2=rm1.09. After few days or weeks, company will announce ex-date(XXJul21) for the free warrant. As long as you buy before the ex-date(XXJul21), you will entitle for it.

SHQuah

5,363 posts

Posted by SHQuah > 2021-06-23 21:11 | Report Abuse

Are you sure ? Can anyone Check.

anvil88

33 posts

Posted by anvil88 > 2021-06-23 22:50 | Report Abuse

dawchok is right

neohts

2,487 posts

Posted by neohts > 2021-06-24 08:43 | Report Abuse

Meaning if I have 600 mother share now, after bonus issues I will have 1200 mother shares.
Then later after warrant Ex date I will get 1 for 3 free warrant, which is 400 free warrant. ? correct.
or I will only getting 200 warrants as before Bonus Ex date ?
Please advise. Sifu

dawchok

556 posts

Posted by dawchok > 2021-06-24 08:57 | Report Abuse

400 free warrant.

SHQuah

5,363 posts

Posted by SHQuah > 2021-06-24 11:19 | Report Abuse

Just hold until next month. After warrants Ex price and date announcement, syndicate sure push the price up. Don't worry.

neohts

2,487 posts

Posted by neohts > 2021-06-24 11:36 | Report Abuse

ya lah.....just hold. even now sell also cannot guarantee can buy back cheaper.

anvil88

33 posts

Posted by anvil88 > 2021-06-24 12:04 | Report Abuse

400 free warrant, yup, correct

neohts

2,487 posts

Posted by neohts > 2021-06-24 13:08 | Report Abuse

Thank you all Sifu.....Noted.

neohts

2,487 posts

Posted by neohts > 2021-06-24 13:51 | Report Abuse

1st July, next Wednesday. Meaning going to fly soon.

SHQuah

5,363 posts

Posted by SHQuah > 2021-06-24 16:40 | Report Abuse

Hold on to your share. Next month or maybe next week all KGB shareholders will be rewarded.

Nepo

3,433 posts

Posted by Nepo > 2021-06-25 06:42 | Report Abuse

Big boy Aberdeen takes profit before bonus issues..probably will buy back after bonus issue

I expect ex price around @RM 1

neohts

2,487 posts

Posted by neohts > 2021-06-25 09:07 | Report Abuse

Let the big boy play their game. They will push up again after company has fixed the Warrant exercise price and date. Most the management staffs and directors are Chinese. They won't let their share price down after warrant Ex date.

Nepo

3,433 posts

Posted by Nepo > 2021-06-25 10:08 | Report Abuse

..trust yourself.. more than mgt..anything can happen in this greedy society..
Nevertheless if you can choose a right trustworthy management then your investment life is full of potential with only half effort..

That is y I diversify my investment, i am not sure which co i can trust..if I can grab 3 or 5 companies is already quite ok for me..luck is impt in investment life

kuring2

605 posts

Posted by kuring2 > 2021-06-25 10:49 | Report Abuse

Looking at the current situation n price movement of this stock, i exp3ct the price is arnd RM1.05-1.08 after ex. (If n3xt week price maintained like this).

charlie chia

2,151 posts

Posted by charlie chia > 2021-06-25 11:06 | Report Abuse

Last day to accumulate on 30/6
X on 01/7

SHQuah

5,363 posts

Posted by SHQuah > 2021-06-25 11:33 | Report Abuse

If mother share between 1.05 - 1.08. what is the estimated warrants price when open ?

kuring2

605 posts

Posted by kuring2 > 2021-06-25 11:44 | Report Abuse

Warrant could be 30-40c (at least from my guess).. need someone expert to give more valueble advise/target rather then me hehehe..im just no body, with a bloody loss in my portfolio..lol

anvil88

33 posts

Posted by anvil88 > 2021-06-25 13:23 | Report Abuse

kuring2 Warrant could be 30-40c (at least from my guess).. need someone expert to give more valueble advise/target rather then me hehehe..im just no body, with a bloody loss in my portfolio..lol

we are all the same hahaha

kuring2

605 posts

Posted by kuring2 > 2021-06-25 13:42 | Report Abuse

anvil88 we are all the same hahaha

Same? In term of?
Hopefully u are not the same lost position like me..its very paintful...lol.. now im just trying to cover my lost with the full of hope in KGB.. lol.. holding KGB since early this year...lol...and will keep holding as long as i can.

Btw, wish u stay safe n wealth.. may prosperous come to us later.. i believe eod or next week, KGB will fly..

charlie chia

2,151 posts

Posted by charlie chia > 2021-06-25 13:48 | Report Abuse

Warrant exercise price has not been declared yet and also need to monitor the mother share as well after X for warrant
Need to know the exercise price inorder to determine the warrant price

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