KELINGTON GROUP BERHAD

KLSE (MYR): KGB (0151)

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Last Price

2.60

Today's Change

+0.01 (0.39%)

Day's Change

2.55 - 2.62

Trading Volume

1,190,400


18 people like this.

6,075 comment(s). Last comment by bohliau10 9 hours ago

Aaa123

17 posts

Posted by Aaa123 > 2021-11-30 11:28 | Report Abuse

Nepo, lets see the QR later. I guess it will be a good QR. Most of the 庄家 had quit last Friday. And most of the potential companies are recovering back like Bpplastic

Aaa123

17 posts

Posted by Aaa123 > 2021-11-30 11:59 | Report Abuse

KGB supposed to have a good price today, if there was no panic sell on last Friday.,

Nepo

3,300 posts

Posted by Nepo > 2021-11-30 13:53 | Report Abuse

I sold some. Trf some fund to buy US Disney/Mccdonald.
Don't know is right or wrong..but my intuition told me last Friday tumble is a warning sign

Aaa123

17 posts

Posted by Aaa123 > 2021-11-30 14:09 | Report Abuse

I will hold until AR. You may have a look of tencent, if oversea stock. That is just my personal suggestion

SEE_Research

4,566 posts

Posted by SEE_Research > 2021-11-30 14:17 | Report Abuse

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

Technical Tracker- KGB: On a Solid Footing
Author: HLInvest | Publish date:

Wed, 24 Nov 2021, 9:42 AM

===========================================================================
Upside Target Prices : RM1.83 , RM 1.88 RM1.92
===========================================================================

Ultra-high purity gas provider. Listed since 2009, Kelington Group Berhad (KGB) is mainly engaged in providing Ultra High Purity (UHP) gas to the electronics and semiconductor industry. Over the years, the Group has expanded its exposure to include turnkey engineering services and industrial gasses business. The group derived 71% of its revenue from its UHP divisions in FY20, whilst Process Engineering (12%), General Contracting (11%), and Industries Gasses (6%) accounted for the rest. Overall, Malaysia, China, and Singapore dominated 94% of its topline in FY20.

Riding on the fab expansion plans. With chips shortage showing no signs of abating, we expect more fab expansions in the pipeline and KGB is well-positioned to tap into more UHP jobs, as chip foundry investment sweeping across Asia (source), especially in China and Singapore where majority of KGB’s UHP projects are located in. Interestingly, this started to reflect from its all-time high outstanding order-book amounting to RM979m as at Oct-21 (FY2020: RM490m).

Industry gas division to cater into F&B. To recap, KGB commenced its liquid carbon dioxide (LCO2) plant in Kemaman, Terengganu on the 23 Oct 2019 with a total capacity of 50,000 tonnes of LCO2 pa. Over the years, the plant utilization rate plant had gradually picked up from 20% (FY2019) to 50% (1HFY2021) within 15 months of operations. As the group is in the final stage of securing the H alal Certification from JAKIM to start the qualification process for the F&B industry, this is expected to drive its LCO2 plant utilization rate to greater heights (CO2 is widely used in F&B business i.e. manufacture of carbonated drinks and food freezing etc.).

Pending for a downtrend line breakout.
Technically, KGB is pending for a downtrend line breakout.

A successful breakout above its downtrend line resistance (RM1.74) will spur the prices to challenge its previous high of RM1.88 (30 Sept) territories. Cut lost at RM1.61.

Nepo

3,300 posts

Posted by Nepo > 2021-11-30 14:18 | Report Abuse

yes, Tencent is a very good stock, already retraced about 40% from the top. Can buy in and keep for long-term.

keng88

2,752 posts

Posted by keng88 > 2021-11-30 17:59 | Report Abuse

qR out profit new high

ZoeZoe

215 posts

Posted by ZoeZoe > 2021-11-30 18:23 | Report Abuse

Hope tomorrow there will be a bull run!

ongmari

2,003 posts

Posted by ongmari > 2021-11-30 19:30 | Report Abuse

retest high of 188?

moneylai

217 posts

Posted by moneylai > 2021-11-30 19:32 | Report Abuse

Prospect is good…

Xcalibre

486 posts

Posted by Xcalibre > 2021-11-30 19:40 | Report Abuse

STRONG earnings growth for Kelington

KGB reported a ROBUST financial performance in the third quarter (3QFY21) and nine months ended Sept 30, 2021 and it is upbeat about its prospects.

In a statement on Tuesday, it said notwithstanding the operational disruptions arising from the Full Movement Control Order (FMCO) during the quarter under review, Kelington’s net profit in 3QFY21 rose 62% to a quarterly RECORD HIGH of RM8mil from RM4.9mil a year ago.


In 9MFY21, Kelington posted a RECORD-BREAKING financial performance as revenue rose 30% to RM337.6mil and net profit more than doubled to RM20.9mil as compared to previous corresponding period (9MFY20).

https://www.thestar.com.my/business/business-news/2021/11/30/strong-earnings-growth-for-kelington

ZoeZoe

215 posts

Posted by ZoeZoe > 2021-11-30 20:07 | Report Abuse

this is a GEM hold! And hopefully tomorrow retest 1.80 level!

Thks1956

430 posts

Posted by Thks1956 > 2021-11-30 20:43 | Report Abuse

Tmr challenge 2 bucks

troy88

2,563 posts

Posted by troy88 > 2021-12-01 09:36 | Report Abuse

Good QR. Well done. Very good future prospects.

syuraizat

46 posts

Posted by syuraizat > 2021-12-01 10:06 | Report Abuse

Believe earning of this QR still not include project in sama laju Sarawak

Aaa123

17 posts

Posted by Aaa123 > 2021-12-01 12:42 | Report Abuse

Anyone know why the revenue will drop? Due to FMCO?

Highbiscus

1,284 posts

Posted by Highbiscus > 2021-12-01 21:06 | Report Abuse

Result is good. Share price already factor in
Remember the bonus issue and free warrant

Highbiscus

1,284 posts

Posted by Highbiscus > 2021-12-01 21:06 | Report Abuse

Next few days will
Plunge to 1.3

imvu

7,888 posts

Posted by imvu > 2021-12-02 11:13 | Report Abuse

khamis malam us market hijau , jumaat malam us market hijau , 2 hari us market hijau . isnin banyak kaunter gap up hijau . kaunter ni pun sama ?

mf

27,854 posts

Posted by mf > 2021-12-02 11:14 | Report Abuse

‘The crisis is not yet over’: Omicron variant could deal another blow to supply chains

mf

27,854 posts

Posted by mf > 2021-12-02 11:18 | Report Abuse

WHO: South Africa hospitalizations rising, but omicron severity still unclear

keng88

2,752 posts

Posted by keng88 > 2021-12-06 12:44 | Report Abuse

Wooo...New project 85m

Posted by Hengonghuatwin88 > 2021-12-06 12:52 | Report Abuse

Wow!!! Good news to all.

Posted by Putrajaya666 > 2021-12-06 14:42 | Report Abuse

sell on news then.....................

keng88

2,752 posts

Posted by keng88 > 2021-12-06 15:48 | Report Abuse

all market down, wait rebound

Posted by Putrajaya666 > 2021-12-06 16:08 | Report Abuse

see you at below 150

dawchok

459 posts

Posted by dawchok > 2021-12-06 20:53 | Report Abuse

Kelington subsidiary secures RM85m gas distribution contract
TheEdge Mon, Dec 06, 2021 01:22pm

stainlyho37

2,253 posts

Posted by stainlyho37 > 2021-12-07 08:55 | Report Abuse

huge collection..just load as you can ..very solid growth company with target above RM2....in short term...!!!

Posted by Hengonghuatwin88 > 2021-12-07 11:49 | Report Abuse

All green, Why this counter turn to red?

Xcalibre

486 posts

Posted by Xcalibre > 2021-12-07 14:05 | Report Abuse

Kelington Group Bhd said its wholly-owned subsidiary Kelington Engineering (S) Pte Ltd had has received an estimated RM85 million contract from a customer who is a GLOBAL LEADER in engineering and project management of high-technology facilities.

The contract is expected to contribute positively to the group’s earnings and net assets for FY12/22 and 2023

Posted by Putrajaya666 > 2021-12-07 14:55 | Report Abuse

entire market +10 point and KGB reverse wash people with good qr ............. hehehheehhehe how good is this counter and their operator ...... totally worth to wait until FY22 and 2023

chai2145

75 posts

Posted by chai2145 > 2021-12-07 21:01 | Report Abuse

Good to come

win1661

153 posts

Posted by win1661 > 2021-12-07 22:46 | Report Abuse

Kelington Group - Christmas Came Early... Don't be late for the party..

https://klse.i3investor.com/servlets/ptres/61547.jsp

win1661

153 posts

Posted by win1661 > 2021-12-07 23:26 | Report Abuse

https://youtu.be/_KJeZarr28Y

stainlyho37

2,253 posts

Posted by stainlyho37 > 2021-12-08 05:56 | Report Abuse

good day all...see u @1.70 today...???

win1661

153 posts

Posted by win1661 > 2021-12-10 08:12 | Report Abuse

any benefit for kgb to be included in F4GBM index?

https://www.klsescreener.com/v2/news/view/921971/ftse4good-bursa-malaysia-index-sees-seven-new-inclusions

Posted by Hengonghuatwin88 > 2021-12-10 17:54 | Report Abuse

Can someone explain what benefits for KGB to be include in F4GBM, thanks.

Posted by glovehunter22 > 2021-12-11 18:12 | Report Abuse

next week up

amateurJR

2,366 posts

Posted by amateurJR > 2021-12-15 11:15 | Report Abuse

Wah not bad still strong

amateurJR

2,366 posts

Posted by amateurJR > 2021-12-22 15:21 | Report Abuse

I really hope this stock can drop more so that I can buy it

chai2145

75 posts

Posted by chai2145 > 2021-12-22 17:56 | Report Abuse

110mil contract awarded

keng88

2,752 posts

Posted by keng88 > 2021-12-22 18:27 | Report Abuse

Woooo.... Good.

Kingbeast

649 posts

Posted by Kingbeast > 2021-12-22 23:32 | Report Abuse

Announce so many contract but share price still deop

gohkimhock

2,946 posts

Posted by gohkimhock > 2021-12-22 23:55 | Report Abuse

at the end of the day, ppl want to see the EPS, not how much contract you won..

chai2145

75 posts

Posted by chai2145 > 2021-12-23 06:43 | Report Abuse

Not only kgb drop, any other stocks also drop

Posted by Gabriel Khoo > 2021-12-23 07:14 | Report Abuse

Kelington chief executive officer Ir Raymond Gan said the company has significantly benefitted from the robust growth of the semiconductor industry in 2021 as global players accelerate their capacity expansion plans to meet the strong rise in demand for semiconductor chips.

"The UHP equipment for this project will be fabricated and supplied by the company's wholly-owned indirect subsidiary, KE System Integration (Chuzhou) Co Ltd in China.

"This demonstrates that our in-house fabricated equipment is recognised and certified for use in an advanced wafer production facility.

"We believe this will elevate our value chain in the industry as well as our profitability moving forward.

"Notably, as Singapore is one of the most attractive destinations for technological investments globally, our Singapore operations have been one of the key contributors in terms of project flows over the past several months," he said in a statement today.

On top of this RM110 million contract win, Kelington has also secured several other UHP contracts in Singapore totalling RM66.3 million over the past few weeks alone.

This brings the total value of new contracts secured in recent weeks to RM176.3 million.

These contracts are for works to be undertaken for different end customers at some of the most advanced semiconductor facilities in Singapore, it said.

Kelington said the cumulative value of new contracts clinched this year has reached an all-time high of RM1.184 billion, lifting the company's current outstanding orderbook to RM1.225 billion.

Gan said looking ahead, the company remained optimistic on its prospects, underpinned by its robust project pipeline across operating markets in Malaysia, Singapore and China.

"Our tender activities also continue to remain active and by leveraging on our strong market position, we are well-poised to capture more business opportunities.

"Not resting on our laurels, we will continue stepping up our efforts to secure more projects in the coming months while delivering high-quality output to our customers in a timely manner," he added.

win1661

153 posts

Posted by win1661 > 2021-12-23 09:01 | Report Abuse

more contracts more EPS...

win1661

153 posts

Posted by win1661 > 2021-12-23 09:04 | Report Abuse

going to be record earning next year...

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