Posted by SEE_Research > 2021-07-16 09:50 | Report Abuse

KGB

Short Term
A. Target Price RM 1.50

Posted by SEE_Research > 2021-07-16 09:56 | Report Abuse

Leveraging repeat customers: The awesome Kelington Group’s experience
By Cheah Chor Sooi
12 hours ago
in Markets, Top




IT pays handsomely to put one’s customers first by prioritising their interest for this is key to creating repeat customers who can eventually be one’s loyal customers.

Such is the experience with integrated engineering solutions provider
Kelington Group Bhd given many of its project orders are coming from repeat customers.

Most recently, its wholly-owned subsidiary Kelington Technologies Sdn Bhd has secured a
RM50 mil contract under its process engineering division from
Stolthaven (Westport) Sdn Bhd, a reputable global provider of high quality storage and distribution services for chemicals, clean petroleum products, gas vegetable oils, biofuels and oleochemicals.

Kelington will be undertaking the engineering, procurement, and construction (EPC) works related to the oil products storage tanks for the Tank Pit 8 Expansion Project located in Port Klang (Selangor).

Having commenced on July 14, the project is slated for completion by October 2022.

Raymond Gan Hung Keng (CEO - KGB /0151)
Inclusive of this new contract win, Kelington has so far clinched approximately
RM195 mil of new orders in 2021 which lifted its outstanding orderbook to
RM454 millions as of July 2021.

“We are delighted to be given the opportunity to be a part of our repeat customer’s expansion plans for its terminal facilities,” commented Kelington’s CEO Raymond Gan Hung Keng.

“The group has been working with this customer since 2018 and having to support its growth journey has been fruitful for us.”

Gan said the trust that Kelington received from its repeat customers is a testament to the company’s diverse engineering capabilities and discipline in adhering to the highest compliance standards.

“We have also been receiving a surge in tender invites from our existing and new customers from across our key operating markets which includes Malaysia as businesses are resuming its expansion activities that were put on hold last year,” he pointed out.

“This is a good indicator for us – and should the momentum sustain – we hope to achieve another all-time high order book. With an acceleration in the global vaccination programme, we hope to see an improved operating landscape across our key operating markets.”

At 4.02pm, Kelington was up 1 sen or 0.86% to RM1.17 with 5.28 million shares traded, thus valuing the company at RM755 mil. – July 15, 2021

=========================================================================
Profile of Stolt - Nielsen Limited in the world

Stolt-Nielsen Limited (SNL) is a leading provider of integrated transportation, storage and distribution services through its three largest operating units: Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers. Stolt Sea Farm is a leading producer of turbot and sole. Stolt-Nielsen Gas focuses on the transportation of LPG. Stolt Bitumen Services distributes bitumen mainly in Asia Pacific. SNL delivers value to its shareholders through its conservative approach to both its financial management and investments, and through its sustained focus on continuous improvement, innovation, quality, customer service and safety for both people and the environment.

Stolt-Nielsen
From Wikipedia, the free encyclopedia

Posted by SEE_Research > 2021-07-16 10:02 | Report Abuse

Stolthaven terminals

Stolthaven Terminals operates a global network of 20 owned and joint-venture bulk-liquid terminals with a total of 4.1 million cubic meters of storage capacity.
The company's six wholly owned terminals are located in
New Orleans and
Houston in the U.S,
Santos in Brazil,
Singapore,
London in the UK
and Moerdijk in the Netherlands.
Stolthaven has nine majority-owned terminals in Australia and New Zealand, and also participates in five joint-venture operations:
Antwerp in Belgium,



Westport in Malaysia,




Ulsan in South Korea, and
Ningbo and Tianjin in China.
The company also operates and maintains more than 450 railroad tank cars in North America.[32]

Posted by pputeh > 2021-07-16 10:49 | Report Abuse

fixed at rm1.38
16/07/2021 9:49 AM Thanks Charlie Cheah

Posted by neohts > 2021-07-16 11:36 | Report Abuse

https://klse.i3investor.com/servlets/ptres/60198.jsp

Posted by ultrakenzo > 2021-07-16 11:51 | Report Abuse

Trading Stocks today:*

The following information is extracted from CGS-CIMB Research Report.


*Malaysia*:

*Kelington Group (0151)* (RM1.20): Technical Buy
Targets: RM1.30, 1.35
Stop: RM1.08


*16th Jul 2021*

Posted by neohts > 2021-07-16 13:14 | Report Abuse

Very strong support. Not much seller.
Can go higher until Ex date 21 July 2021. TP RM1.50

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

https://klse.i3investor.com/blogs/see_research/2021-07-16-story-h1568010714-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_8_updated_number_3_A.jsp

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

From :
SEE_Research

KGB/0151
Short Term
A. Target Price RM 1.50

Posted by SHQuah > 2021-07-17 10:48 | Report Abuse

Good for long term investment. As mother share up, warrants will follow. Warrants got 5 years life span. Buy fast.

Posted by Nepo > 2021-07-17 13:19 | Report Abuse

Buy warrant on the 1st day of listing as sb will prodit taking..spare sone fund to do so

Kgb dies i die..

Posted by Mush Joker > 2021-07-17 14:21 | Report Abuse

will the mother share price adjusted after issue free warrant?

Posted by Nepo > 2021-07-17 14:54 | Report Abuse

Warrant listing or entitlement will not adjust mother share price

Posted by Markv572421 > 2021-07-17 15:15 | Report Abuse

Free warrant ex on 21/7 nest week right ? Buy buy Buy

Posted by charlie chia > 2021-07-17 15:30 | Report Abuse

Yes mother price will only be adjusted if the higher than the exercise price of Rm1.38
Now by looking at it, current price at Rm1.20
There will be no adjustment unless jump above 1.39
Warrant share normally take about 10 working days to be listed
Should be in early August

Posted by Leonggg > 2021-07-17 18:01 | Report Abuse

Thanks for the info @charlie chia

Posted by shyee55 > 2021-07-17 18:24 | Report Abuse

Sorry I missed out about warrants. How can we get the warrants? Thanks

Posted by charlie chia > 2021-07-17 18:41 | Report Abuse

Are you holding any KGB shares
If so, every 3, you are entitled to 1 Foc
If not, Monday is the last day to buy it
X on Wednesday 21/7
Tuesday is public holiday

Posted by dghvms88 > 2021-07-17 19:51 | Report Abuse

Charlie Chia usually the talk is sell free warrant n take profit
Will the mother share be steady based on the new projects and support the new warrant to go higher TQ

Posted by charlie chia > 2021-07-17 21:37 | Report Abuse

Usually with new huge project will spike up the price
Weather they will support the warrant or not is subject to management and market sentiment

Posted by another77 > 2021-07-17 22:27 | Report Abuse

In that case, I think the directors will press the price to below 1.39 in order not to adjust the ex-warrant price.

Posted by charlie chia > 2021-07-17 23:45 | Report Abuse

Hope will push up after X till listing of warrant

Posted by Markv572421 > 2021-07-18 15:40 | Report Abuse

Probably mother price tommorrow 1.38-1.50 ...better buy early morning 1.20 ...hope still can get this price

Posted by chai2145 > 2021-07-18 20:51 | Report Abuse

Wow1.38 are u sure? Haha too optimistic

Posted by shyee55 > 2021-07-18 23:44 | Report Abuse

Thanks Charlie Chia

Posted by neohts > 2021-07-19 10:03 | Report Abuse

https://klse.i3investor.com/servlets/ptres/60198.jsp

Source : MalaccaSecurities
Stock : KGB Price Target : 1.37 | Price Call : BUY
Last Price : 1.20 | Upside/Downside : +0.17 (14.17%)

Posted by Malc7984 > 2021-07-19 11:46 | Report Abuse

No price movement and volume this share.

Posted by Paktua Second > 2021-07-19 14:19 | Report Abuse

You want to move it just buy it. Hehehe

Posted by Leonggg > 2021-07-19 17:21 | Report Abuse

Ofc ppl hold la warrant still got 2 days

Posted by dawchok > 2021-07-19 17:55 | Report Abuse

Already ex, as tomorrow is holiday.

Posted by another77 > 2021-07-19 23:12 | Report Abuse

What will be the reference price after Ex?

Posted by Leonggg > 2021-07-20 01:18 | Report Abuse

Owh icic thank you @dawchok for the correction. My mistake.

Posted by charlie chia > 2021-07-20 08:57 | Report Abuse

Still will be the closing price of 1.23 as the mother share price is still cheaper than the warrant exercise price. So no adjustment. Hope to move from here till listing of warrant. Let see whether mother share will spike up or not prior listing of the warrant

Posted by supertrader1 > 2021-07-20 13:29 | Report Abuse

when is last day to purchase to entitle for warrant?

Posted by charlie chia > 2021-07-20 14:50 | Report Abuse

Haha already X from today which is a public holiday, so no trading
Yesterday was the last day to buy in
Tomorrow purchase will not entitle any more

Posted by amireza > 2021-07-20 15:39 | Report Abuse

Hi, I’m newbie, I just wondering, if tomorrow I sell my share, did I still entitle the free warrant..

Posted by charlie chia > 2021-07-20 15:57 | Report Abuse

Yes you are entitled to

Posted by amireza > 2021-07-20 16:36 | Report Abuse

Tks Charlie chia for your information sharing

Posted by another77 > 2021-07-20 22:07 | Report Abuse

Tq @Charlie chia for the info. Let hope it move up tomolo

Posted by Leonggg > 2021-07-20 22:23 | Report Abuse

Thank you @charlie chia

Posted by Malc7984 > 2021-07-21 09:30 | Report Abuse

Price adjustment this morning...

Posted by kevinnkts > 2021-07-21 11:25 | Report Abuse

Can some sifu advice?
I read it is mentioned no price adjustment on ex date if mother share is below 1.38 for KGB.
Why today it is adjusted down so much?

Posted by neohts > 2021-07-21 11:33 | Report Abuse

It is normal for people to sell down after cut off. This is not price adjustment as yesterday closing price below Warrant exercise price of 1.38.
Sometime when the warrant listing in 2 August, mother share will go up as syndicate trying to support the warrant open price.

Posted by dghvms88 > 2021-07-21 18:09 | Report Abuse

Maybe syndicate or EPF sell down to 1.13. Maybe operator wooing EPF to stay in KGB. Good credibility for KGB. EPF has lost a lot in Serba. So EPF have to make back the lost funds so they have one of the stable company like KGB. So now operator may give a finishing touch for EPF by sweetening the mother share thus the warrant gets the lift up. Very sweet

Posted by dghvms88 > 2021-07-21 18:11 | Report Abuse

Hold you horses.......

Posted by Leonggg > 2021-07-21 20:06 | Report Abuse

Haha me holding on KGB while looking at gloves counter today, abit itchy dy haha

Posted by Najib Zamry > 2021-07-22 13:21 | Report Abuse

Wait for 3rd August 2021 listing of warrants.

Posted by mamatede > 2021-07-22 15:20 | Report Abuse

https://www.kelington-group.com/our-business.php

Very good business, support Linde and Air Liquide market and also local gloves, pulp mill, semicond industries. This counter has many rooms to grow.

Posted by SHQuah > 2021-07-22 18:00 | Report Abuse

I have a feeling the will push the mother share higher before warrants listing so that warrants could open higher. Buy faster.

Posted by Protectcap > 2021-07-22 18:05 | Report Abuse

Hi..any idea what the warrant exercise price? Thk