KINERGY ADVANCEMENT BERHAD

KLSE (MYR): KAB (0193)

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Last Price

0.325

Today's Change

0.00 (0.00%)

Day's Change

0.32 - 0.325

Trading Volume

6,481,700


4 people like this.

4,636 comment(s). Last comment by adamdacutie 2 weeks ago

mhisham

3 posts

Posted by mhisham > 2023-08-08 16:39 | Report Abuse

PP ni tak nak complete ke?

Mrhunter88

791 posts

Posted by Mrhunter88 > 2023-08-08 17:31 | Report Abuse

macam mana nak complete....dua acquisition kena tunda sampai bulan 10.

Mrhunter88

791 posts

Posted by Mrhunter88 > 2023-08-09 08:54 | Report Abuse

the first round of NERT did't get any benefits for KAB.wait for the second round of NETR in a few weeks.

Peace99

2,264 posts

Posted by Peace99 > 2023-08-10 12:01 | Report Abuse

Consortium of Salcon Berhad and KAB Smart Solar Energy
Sdn. Bhd won 7MW in CGPP, good start!

tanfooxuan

561 posts

Posted by tanfooxuan > 2023-08-10 16:09 |

Post removed.Why?

Posted by Moondarker > 2023-08-10 16:13 | Report Abuse

2 weeks already.. still collecting? kasi up saja lah..

tanfooxuan

561 posts

Posted by tanfooxuan > 2023-08-10 16:47 | Report Abuse

honestly 7MW not much but it's good to get project from Ministry of Natural Resources

Moneymore

532 posts

Posted by Moneymore > 2023-08-12 20:44 | Report Abuse

Wow finally moved

Mrhunter88

791 posts

Posted by Mrhunter88 > 2023-08-13 12:59 | Report Abuse

hope next week can move above 0.375 baru cun2....

Mrhunter88

791 posts

Posted by Mrhunter88 > 2023-08-15 10:30 | Report Abuse

hard resistance 0.375....

Mrhunter88

791 posts

Posted by Mrhunter88 > 2023-08-17 10:07 | Report Abuse

someone's fight with operator....plase break above 0.375..

Posted by nobodyisland > 2023-08-17 10:50 | Report Abuse

gogogo. i still wait above 0.485 to hit previous record. :)

Alexks8888

110 posts

Posted by Alexks8888 > 2023-08-17 11:00 | Report Abuse

Go above 0.375 soon

Moneymore

532 posts

Posted by Moneymore > 2023-08-18 22:23 | Report Abuse

Slow and surely

Hamdanxin

45 posts

Posted by Hamdanxin > 2023-08-20 13:14 | Report Abuse

Got news Kington is bringing CCP money again into KAB to buy matahari suria. The only on make money is Kington.

tanfooxuan

561 posts

Posted by tanfooxuan > 2023-08-21 09:38 | Report Abuse

Got news Elon Musk is bringing US money again into KAB to invest sustainable energy solutions.
Aiyo if want to create rumors, very easy lah...

Mrhunter88

791 posts

Posted by Mrhunter88 > 2023-08-21 10:48 | Report Abuse

hamdan has run out of ideas to make people panic.create wrong news..

Kakume

1,077 posts

Posted by Kakume > 2023-08-21 10:58 | Report Abuse

haha the best is Jetson below 0.20 now and KAB above 0.35> thanks to Hamsapxin.

tanfooxuan

561 posts

Posted by tanfooxuan > 2023-08-21 17:28 | Report Abuse

Quarter Report will come out soon hehe, climb climb climb

Hamdanxin

45 posts

Posted by Hamdanxin > 2023-08-21 22:17 | Report Abuse

Relax., Hold on to your tits.. apparently Kington use many proxies like his family member in KAB already show Kington is trying to hide his shares.

tanfooxuan

561 posts

Posted by tanfooxuan > 2023-08-22 09:15 | Report Abuse

hahaha rumors again, may I know who is his family member?

Mrhunter88

791 posts

Posted by Mrhunter88 > 2023-08-22 13:21 | Report Abuse

lupakan hamdanxin to TAN.die hamprak punya orang...

Mrhunter88

791 posts

Posted by Mrhunter88 > 2023-08-22 13:22 | Report Abuse

QR out today.top profit

tanfooxuan

561 posts

Posted by tanfooxuan > 2023-08-22 13:37 | Report Abuse

very potential and positive report! good job KAB!!

KAB’S PAT QUADRUPLES FOR 2Q23, SOARING BY 424.0% YoY, ACHIEVING HIGHEST-EVER QUARTERLY PAT
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=224342&name=EA_FR_ATTACHMENTS

Posted by HuatRex1314 > 2023-08-22 19:48 | Report Abuse

Soon

MrsLim

64 posts

Posted by MrsLim > 2023-08-22 23:15 | Report Abuse

The alleged soaring PAT is due mainly to the results of the energy segment:

Sustainable Energy Segment
Revenue (RM’000) 7,653
Segment Result (RM’000) 3,697

The reported segment results for the segment is 48%

Can believe ah?

Solarvest 22-Aug-2023 30-Jun-2023 Rev 143.389M PBT 9.420M
Pekat 22-Aug-2023 30-Jun-2023 Rev 59.45M PBT 4.714M

Everyone is having less than 10% margin.

.

Moneymore

532 posts

Posted by Moneymore > 2023-08-23 00:21 | Report Abuse

Those guys are RE EPCC, this guy is Renewable Energy Producer. LOL

MrsLim

64 posts

Posted by MrsLim > 2023-08-23 12:00 | Report Abuse

Total term loan and short term borrowings as at Sep 2018 was RM9.192M

Total borrowings has shot up to RM78.393M as at June 2023, an increase of RM69.201M from Sep 2018

If those borrowings were used to purchase energy producing assets, the interests ought to be charged to the energy segment

The entities that are currently producing energy now are Kiev CRG and Dynagen Power

The revenue and PAT for both entities were RM7M and RM1M for the whole year in 2022.

Kiev CRG SB FYE 31-12-2022
Revenue: RM1.161M
PAT: -0.124M

Dynagen Power SB FYE 31-12-2022
Revenue: RM5.843M
PBT: RM1.153M

Is the current energy-producing segment result of RM7.653M revenue and RM3.697M result for 3 months believable?

ROFL


Sep 2018 Financial report
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=202757&name=EA_FR_ATTACHMENTS

June 2023 Financial report
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=224341&name=EA_FR_ATTACHMENTS

Hamdanxin

45 posts

Posted by Hamdanxin > 2023-08-23 23:05 | Report Abuse

Bogus claim project never lasting.

patrickong

304 posts

Posted by patrickong > 2023-08-24 13:45 | Report Abuse

No show?

Posted by winsenlim68 > 2023-08-25 11:21 | Report Abuse

Brief Background

§ The Company used to be involved in the M&E segment for property. Company started journey into sustainable energy solutions (“SES”) in 2018 and begun its transformation and diversification into SES.

§ One of the largest SES projects secured thus far is the construction contract awarded by Petronas Gas in early 2023, amounting to RM230m. This includes the EPCC work for a 52 MW gas power plant in Sabah

§ The gas power plant is expected to be the sole source of energy supply to Petronas’s upcoming floating LNG, slated to be Sabah’s first nearshore natural gas facility with minimum capacity of 2.0m tonnes p.a.

§ As part of the arrangement, KAB will also subscribe to a 10% stake in the plant.

§ To date, the Company provides a wide range of alternative sustainable energy solutions which includes:

- Energy saving solutions (chiller optimisation, building management systems)

- Renewable energy (owns solar assets and looking to acquire mini-hydro and biogas)

- Clean energy (owns waste heat recovery plant, co-generation plant and gas power plant in the future)

§ Total capacity under its assets is approximately 80MW (including new projects)

§ Majority of its concession assets have remaining tenure of more than 10 years and will be able to deliver a reliable stream of sustainable income for the future



Financials Update for 1HFY2023

§ PAT for first 6 months was RM5.9 million, an increase of 380.4% from the first half last year. First half PAT already surpassed the past 3 years annual PAT

§ SES segment was the key driver, recording an increase of 182.6% increase in operating profit to RM6.4 million

§ Operating profit margin for SES segment very healthy at 49%



Prospects

§ Company expects acquisition of its 2 projects, namely its 11MW mini hydroplant in Indonesia and 2.4MW biomas plant in Kedah to be completed in the second half of this year

§ From retail briefing by RHB, other than the 2 upcoming projects expected to be completed they still have more SES projects in the pipeline as their net gearing remain low at 0.17x

§ Orderbook stands at RM193 million and RM785 million for M&E and SES divisions respectively



Conclusion

§ Company’s momentum in SES segment is growing, expect 2HFY2023 to be as strong or stronger, we might be witnessing a new market leader to compete with other renewable energy competitors such as Solarvest, Saimaden

Posted by HM980805 > 2023-08-25 14:45 | Report Abuse

Hoot9e

haziqaz

194 posts

Posted by haziqaz > 2023-08-27 09:25 | Report Abuse

Peguam ‘Scammer’ Kington Tong Kum Loong kini tipu ELSA ENERGY !

https://thecorporate-secrets.com/blog/2023/08/27/peguam-scammer-kington-tong-kum-loong-kini-tipu-elsa-energy/

Posted by nobodyisland > 2023-08-29 11:25 | Report Abuse

Habis..

mhisham

3 posts

Posted by mhisham > 2023-08-29 14:52 | Report Abuse

Next week atau this week Apakah pp complete?

tanfooxuan

561 posts

Posted by tanfooxuan > 2023-08-29 15:54 | Report Abuse

panic oversold, hold tight ya

DDNKSAHAM

45 posts

Posted by DDNKSAHAM > 2023-08-29 17:12 | Report Abuse

jauh ambil penumpang di bawah. good kab. haha

Jslm123

261 posts

Posted by Jslm123 > 2023-08-30 09:26 | Report Abuse

https://theedgemalaysia.com/node/680614

ESG
Malaysia to invest RM13b by 2040 to improve energy efficiency

Johnadami

10 posts

Posted by Johnadami > 2023-08-31 20:29 | Report Abuse

Kington beng scammer again as the report said.

tanfooxuan

561 posts

Posted by tanfooxuan > 2023-09-04 09:36 | Report Abuse

Someone change another account and spread rumor again haha.
Please tell use how did you see this counter going down? Looking upside down?

tanfooxuan

561 posts

Posted by tanfooxuan > 2023-09-06 15:15 | Report Abuse

I can smell big fund is on the way

jvw1520

107 posts

Posted by jvw1520 > 2023-09-07 00:07 | Report Abuse

tanfooxuan@ what made you smell that …😙

tanfooxuan

561 posts

Posted by tanfooxuan > 2023-09-07 09:34 | Report Abuse

This can be seen from the continuously growing trading volume and some technical analysis.

Johnadami

10 posts

Posted by Johnadami > 2023-09-14 19:32 | Report Abuse

Big fund 404. I suspect you bring paid by Kington?

tanfooxuan

561 posts

Posted by tanfooxuan > 2023-09-15 09:59 | Report Abuse

Hamdan was gone 3 weeks ago, and now come another John...huhuhu
Adui just a day’s trading volume drops a bit, miss your dear kington so anxiously meh?

Mrhunter88

791 posts

Posted by Mrhunter88 > 2023-09-15 12:02 | Report Abuse

hamdan,johnadami,murni..same people just becareful....

DDNKSAHAM

45 posts

Posted by DDNKSAHAM > 2023-09-15 12:28 | Report Abuse

Trading Volume increase day by day. Very good Signal to investor

tanfooxuan

561 posts

Posted by tanfooxuan > 2023-09-15 17:24 | Report Abuse

Highest trading volume in the past 10 months, gj

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