Posted by SEE_Research > 2021-07-09 13:45 | Report Abuse

https://klse.i3investor.com/blogs/see_research/2021-07-09-story-h1567896100-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_8_updated_number_1_K.jsp

Posted by SEE_Research > 2021-07-09 13:49 | Report Abuse

From : SEE_Research

=========================================================================

CHAPTER 3

Kenanga forecasts higher orders for Kelington in FY21

TheStar Wed, Jan 20, 2021 08:56am



KUALA LUMPUR:
Kenanga Research has upgraded its earnings outlook on Kelington Group Bhd
on expectation of another year of record high orders.



In the FY20, the group secured an all-time high order of RM490mil with SMIC continuing to award more jobs.



Existing SMIC jobs at hand are expected to keep the group busy until June, excluding on-going 2021 tenders.



"We came away from a conference call with the management feeling pumped-up over the group’s prospects.



"With increased expansions among wafer fab players taking place this year due to a surge in demand for semiconductor components, we believe that FY21 could yet be another record year, building upon the existing all-time high order of RM490m secured in FY20," said Kenanga.



It said Kelington as the incumbent has the advantage in winning the 2021 tenders, which will consist of UHP holl-up in all four SMIC fabs.



The group has also secured sub-contract jobs from TSMC via a partner as well as Micron, which is looking to expand due to the global memory shortage.



Kelington's tender book currently stands at RM900mil, spread equally across Malaysia, Singapore and China.



"Being regarded as a preferred vendor among large MNCs, the group is in a favourable position to benefit from various on-going expansions by the likes of WD Penang (announced RM2.3b investment), Micron SG (new fab construction), and Lam Research," the research house added.



Meanwhile, Kelington's LCO2 plant is expected to be halal-certified in a month's time, which will further increase demand as the group penetrates the food and beverage industry.



The plant utilisation has recently increased to 100% from 50% due to strong orders from Singapore, leading to higher average selling prices.



Kelington's operations in all 17 sites in Malaysia are on-going despite the movement control order as it has received approval as an essential service.



Kenanga maintained "outperform" on the counter while raising its target price, before bonus to RM3.10
from RM2.30
based on a higher FY21 forecast price-earnings ratio of 32x.
Target Price , after ex bonus is RM 1.55


"We believe KGB deserves to be traded at a higher multiple due to its exclusive exposure to the front-end semiconductor boom, which is very rare given that Malaysia is a back-end centric market," it said



SEE_ Research

Latest update on the

Short Term

Target Price RM 1.50

Posted by Aaron_tan > 2021-07-09 17:08 | Report Abuse

lol, those tp ... wait until neck long also wont reach

Posted by Najib Zamry > 2021-07-09 17:10 | Report Abuse

I will top up slowly….so many good shares to buy now….

Posted by SHQuah > 2021-07-09 17:48 | Report Abuse

TP 1.50 is possible this year.

Posted by jwinter3 > 2021-07-09 18:19 | Report Abuse

Aberdeen

Posted by jwinter3 > 2021-07-09 18:22 | Report Abuse

Total disposal 2.7mil by Aberdeen

Posted by chai2145 > 2021-07-09 19:08 | Report Abuse

Wow

Posted by Leonggg > 2021-07-09 19:13 | Report Abuse

Ofc Aberdeen disposed la bro, this was my comment on 29 Jun. I've said what I've I said like political changes, stock market always ahead.


Posted by Leonggg > Jun 29, 2021 5:10 PM |

Would like to ask why are the major shareholders disposing tho? As a beginner my point of view is, does it has something to do with the upcoming election or political changes? (we all know stock market is always ahead).

Because with bonus issue, warrants, and dividend this is truly a real company that is making real money and has a real business why would major shareholders disposed now?

KLSE has been very bad and it is not the worst. Those who are short term investors in this counter if I'm you and need money, I would cash out now. Don't last minute then only decide or change to be long term investor.

Just my 2 cents, feel free to correct me if my thoughts and views are wrong.

Posted by neohts > 2021-07-10 10:06 | Report Abuse

https://klse.i3investor.com/blogs/see_research/2021-07-09-story-h1567896100-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_8_updated_number_1_K.jsp

Posted by neohts > 2021-07-10 10:07 | Report Abuse

Just buy. Don't worry. Current price is good to buy.

Posted by Leonggg > 2021-07-10 19:25 | Report Abuse

Btw when KGB gives out warrant, this also means that the mother share will be adjusted lower. Not so call “free ang pao”.

Posted by SHQuah > 2021-07-11 10:13 | Report Abuse

They only adjust mother share price when they give dividend. When they issue warrants they don't adjust mother share price. Warrants got a fixed exercise price when convert to mother and normally you are given a few years.

Posted by charlie chia > 2021-07-11 12:20 | Report Abuse

Yes will adjust if mother share is higher than warrant exercise price of 1.38
Example mother share closed on 19 July at 1.50
Then will be 1.50 x 3 + 1.38 / 4 will be 1.47

Posted by SHQuah > 2021-07-11 14:42 | Report Abuse

Sometimes when mother share below exercise price 1.38, warrants still could open between 20 to 30 cents or more.

Posted by charlie chia > 2021-07-11 14:50 | Report Abuse

Warrant still can fetch about 30-50% of mother share depending on the fundamental and company future PE

Posted by neohts > 2021-07-12 10:23 | Report Abuse

Continue accumulating. Q buy at 1.09 and 1.08
Before Ex date will buy if price below 1.15

Posted by neohts > 2021-07-12 16:41 | Report Abuse

Bought 1.06, 1.07 and 1.08....continue buying

Posted by Aaron_tan > 2021-07-12 16:58 | Report Abuse

lol... will break 1.02 once klci below 1500

Posted by SHQuah > 2021-07-12 19:15 | Report Abuse

1.08 eat all before closed. Beautiful.

Posted by Leonggg > 2021-07-13 16:00 | Report Abuse

11k cases tdy, new form of business to KGB can start produce oxygen tank then KGB will be like glove stock

Posted by chai2145 > 2021-07-13 18:47 | Report Abuse

Lol

Posted by SHQuah > 2021-07-13 22:10 | Report Abuse

Another beautiful closed

Posted by charlie chia > 2021-07-13 22:15 | Report Abuse

Slow and steady day by day
Target 1.50 before listing of Warrant
Then warrant can fetch higher premium of about 60-80 Cts upon listing

Posted by thesteward > 2021-07-14 10:23 | Report Abuse

Good co

Posted by SHQuah > 2021-07-14 10:55 | Report Abuse

Give you another LIKE.

Posted by SEE_Research > 2021-07-15 06:06 | Report Abuse

OCB / 5533

SEE_RESEARCH

Short Term= Target Price RM 1.50

Mid Term = Target Price RM 1.80

===========================================================================

NEW CATALYST

As OCB products especially on the consumer foods, Lingham ' s sauce ,

Ibu food products , Ibumie ready to eat , instant types have been continuously being immediately sold in the supermarkets , retail shops , and we have to quickly replenish the stocks on the next working days.



As now in May, June , July 2021 , in most places of Malaysia , the staff members for practically all the offices in Malaysia are required to work from home .

This new normal , which dictate the working style and pattern in the offices , have changed to work in the houses ,
the usages of the bedding products are well used on regular manner whereby accelerate the upwards sales bedding products /
namely King Koil, Kaiserkorp bedding products have been well sold in our marketing outlets .



REMARKS

Failure to hold the price above RM 1.00 , there is a need to exit.

===========================================================================

" What sectors to focus on post Covid -19 "

Battered consumer- related businesses likely to make the fastest comeback
The Starbizweek, Saturday 10 July 2021,
page 4 / Consumer Section

by Yvonne Tan { yvonne@thestar.com.my}


There is a recent meeting in presence of
Yeah Kim Leng ,
Sunway University economics professor ,

Carmelo Ferlito, analyst ,
Institute for Democracy and Economic (IDEAS)

Quote
Although it may seem premature to think about a post Covid -19 investment theme , most industry observers agree that once some semblance of normalcy returns ,the one sector that will probably make the fastest comeback is food and beverage(F & B) or more broadly the consumer sector .
SEE_RESEARCH answer is OCB / 5533

As most market watchers know , spotting and buying into investments themes or more specifically , stocks before everyone else is key to generating good gains
SEE_RESEARCH answer is OCB / 5533

Unquote
===========================================================================
OCB / 5533

From 15 July 2021 - that has potential for
2ND limit up ( + 30 % ) = RM 1.51

Please note : in the below GIF -
on the raging bull , in which the raging bull can run up to the speeds of 35 mph - they will continue to attack what they think is the source of their annoyance and always charge with their full intent.

Posted by SEE_Research > 2021-07-15 06:06 | Report Abuse

https://klse.i3investor.com/blogs/see_research/2021-07-15-story-h1567984736-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_8_updated_number_3_A.jsp

Posted by SEE_Research > 2021-07-15 06:16 | Report Abuse

SEE_Research KGB /0151

Kenanga forecasts higher orders for Kelington in FY21

TheStar Wed, Jan 20, 2021 08:56 am.



KUALA LUMPUR: Kenanga Research has upgraded its earnings outlook on Kelington Group Bhd on expectation of another year of record high orders.



In FY20, the group secured an all-time high order of RM490mil with SMIC continuing to award more jobs.



Existing SMIC jobs at hand are expected to keep the group busy until June, excluding on-going 2021 tenders.



"We came away from a conference call with the management feeling pumped-up over the group’s prospects.



"With increased expansions among wafer fab players taking place this year due to a surge in demand for semiconductor components, we believe that FY21 could yet be another record year, building upon the existing all-time high order of RM490m secured in FY20," said Kenanga.



It said Kelington as the incumbent has the advantage in winning the 2021 tenders, which will consist of UHP holl-up in all four SMIC fabs.



The group has also secured sub-contract jobs from TSMC via a partner as well as Micron, which is looking to expand due to the global memory shortage.



Kelington's tender book currently stands at RM900mil, spread equally across Malaysia, Singapore and China.



"Being regarded as a preferred vendor among large MNCs, the group is in a favourable position to benefit from various on-going expansions by the likes of
WD Penang (announced RM2.3b investment),
Micron SG (new fab construction), and
Lam Research," the research house added.



Meanwhile, Kelington's LCO2 plant is expected to be halal-certified in a month's time, which will further increase demand as the group penetrates the food and beverage industry.



The plant utilisation has recently increased to 100% from 50% due to strong orders from Singapore, leading to higher average selling prices.



Kelington's operations in all 17 sites in Malaysia are on-going despite the movement control order as it has received approval as an essential service.



Kenanga maintained "outperform" on the counter while raising its target price to RM3.10 from RM2.30 based on a higher FY21 forecast price-earnings ratio of 32x.



"We believe KGB deserves to be traded at a higher multiple due to its exclusive exposure to the front-end semiconductor boom, which is very rare given that Malaysia is a back-end centric market," it said



SEE_ Research

KGB /0151

Latest update on the

Short Term

Target Price RM 1.50 to RM 1.60

Posted by SEE_Research > 2021-07-15 06:55 | Report Abuse

SEE_Research Top 3 Biggest Gainers in RM
2 July / Closed 9 July/ Closed + RM + % Name of stock
13.02 16.90 3.88 29.8 Gene tec / 0104
3.06 5.64 2.58 84.3 High tec / 7033
2.92 5.38 2.46 84.2 Wide tec /7692

==============================================================
MOST IMPORTANTLY , PLEASE HELP TO OBTAIN THE NECESSARY HELP(S) FROM THE LONDON MEERKATS AND/ OR
PAUL THE OCTOPUS/
or some else , from
SEE_RESEARCH

TO FIND THE RIGHT STOCK THAT CAN BE THE POTENTIAL
4 TH BIGGEST GAINER FOR THE KLSE ?



Remarks

The front are 4 letters not the bad 4 letters words .
( such as f _ _ k) but rather good words, example High , Wide .

For the total name in the stock are with 7 letters ,
" 7 " in certain religion their strong belief is " complete with perfection "
" it signifies a dynamic perfection or a complete cycle "

The meerkats have offered some helps , that the 4 th biggest gainer can be also ,
the stock with 7 letters , also the end is " t e c "
The front is also with the similarities of 4 letters words , definitely
the good 4 letters word ,
starting with
A _ _ _ t e c ( total 7 letters )
Stock code : 5 2 0 _

Short term target price : RM 1.50
=============================================================
Special Highlight
A - - - t e c ( total 7 letters )
Stock code : 5 2 0 -

Posted by anvil88 > 2021-07-15 13:03 | Report Abuse

Heavy selling volume from 1.18 onwards, seems like it will stuck here for a while

Posted by Gabriel Khoo > 2021-07-15 13:13 | Report Abuse

The Board of Directors of the Company is pleased to announce that Kelington Technologies Sdn Bhd (“KTSB”), a wholly-owned subsidiary of Kelington had on 14 July 2021 received an award of contract from Stolthaven (Westport) Sdn. Bhd. to undertake the engineering, procurement, and construction works of oil products storage tanks for Tank Pit 8 Expansion Project at Port Klang (“the Contract”).



The Contract value is worth approximately RM50 million subject to the final variation and engineering options.



The Contract is for a period of 15 months commencing from 14 July 2021 and expected to be completed by October 2022.

Posted by neohts > 2021-07-15 13:29 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3175456

KELINGTON GROUP BERHAD ("KELINGTON" OR "THE COMPANY") - AWARD OF CONTRACT WORTH APPROXIMATELY RM50 MILLION

Posted by neohts > 2021-07-15 14:05 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/07/15/kelington-receives-rm50mil-contract-for-storage-expansion-works-in-port-klang

Kelington receives RM50mil contract for storage expansion works in Port Klang

Posted by SHQuah > 2021-07-15 14:42 | Report Abuse

Hopefully before Ex warrants date could reach TP 1.50. Warrants open at 0.50.

Posted by SHQuah > 2021-07-15 14:43 | Report Abuse

Anything is possible

Posted by Millionairegig > 2021-07-15 15:09 | Report Abuse

Technical Buy. Good FA plus bonus issue. Yayyyy

Posted by mamatede > 2021-07-15 15:37 | Report Abuse

High Covid case, we need more oxygen.. produce them

Posted by chai2145 > 2021-07-15 17:22 | Report Abuse

Got 50 mil contract

Posted by chai2145 > 2021-07-15 17:22 | Report Abuse

Later uhp contract

Posted by anvil88 > 2021-07-15 18:53 | Report Abuse

wow wow wow

Posted by Gabriel Khoo > 2021-07-15 18:57 | Report Abuse

https://focusmalaysia.my/leveraging-repeat-customers-the-awesome-kelington-groups-experience/

Posted by Najib Zamry > 2021-07-15 22:16 | Report Abuse

KGB is a must in your portfolio For 2021

Posted by Leonggg > 2021-07-16 03:18 | Report Abuse

Welcome to the club

Posted by Leonggg > 2021-07-16 03:18 | Report Abuse

Everyone hold n make KGB TP RM2

Posted by Dakewlest > 2021-07-16 07:38 | Report Abuse

Anyone knows the formula to calculate price of the free warrant?

Posted by charlie chia > 2021-07-16 09:00 | Report Abuse

Dakewlest, are you refering to opening price of warrant
If so, there is no formula
Just market demand on listing
Normally, it goes from 30-60% or more depending on the company future prospect and the period
KGB has a period of 5 yrs which is much better than 3 yrs

Posted by pputeh > 2021-07-16 09:11 | Report Abuse

Anybody knows the conversion price of the Warrant fixed at?

Posted by SEE_Research > 2021-07-16 09:48 | Report Abuse

KGB

1. Fundamental quarters are increasing with order book as of July
RM 454,000,000.00,
inclusive of the
RM 50, 000,000.00,
new contract from

Stolthaven (Westport) Sdn. Bhd. , Port Klang
(a unit of
Stolt - Nielsen Limited /SNL)

Posted by charlie chia > 2021-07-16 09:49 | Report Abuse

pputeh
fixed at rm1.38