KAB really presents a robust Q4 result. Its sustainable energy solutions (SES) business is experiencing more than fivefold increase compared to its same period previous year ~
Kinergy's order book is still intact and it's close to RM1 billion ! As at 31 December 2023, order book balance under Engineering and SES is approximately RM155 million and RM784 million respectively
Global data centre electricity consumption amounted to 460 TWh (terawatt hours; 1TWH = 109 kWh) in 2022; this is equivalent to the energy needs of 153 million households. By 2025, the electricity consumption of data centres is predicted to account for as much as 3.2% of total carbon emissions
There are approximately RM210 million and RM2,978 million worth of tenders for Engineering and SES respectively still pending. Once they secure the project, their order book will exceed RM1 billion !
KAB's acquisition of a 9.6MW mini-hydropower plant in Kedah marks another move into the renewable energy portfolio in Asean. By the way, KAB's mini-hydropower total installed capacity will rise to 20.6MW on completion of these projects in North Sumatera and Kedah
the outlook for the green energy business is bright, driven by increasing demand, government support, technological advancements, investment opportunities, and international cooperation (aka ESG)
You didn't check its trading transaction or just like to talk kok , adamdacutie? A lot of buying volume at 37 cents today, making the buying rate around 75%
true, just like Warren Buffett advises investors in order to exercise patience and discipline in the stock market, just as a batter waits for the right pitch before swinging
no rush no rush. Can put it for longer period of time as there are approximately RM210 million and RM2,978 million worth of tenders for Engineering and SES respectively still pending
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Leward88
147 posts
Posted by Leward88 > 2024-02-27 23:23 | Report Abuse
Intact order book and promising RE business. Indeed, it's worth to buy and hold it