KGW GROUP BERHAD

KLSE (MYR): KGW (0282)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.215

Today's Change

+0.01 (4.88%)

Day's Change

0.205 - 0.22

Trading Volume

13,903,100


Be the first to like this.

179 comment(s). Last comment by Schwoosh 1 week ago

kahfui1221

281 posts

Posted by kahfui1221 > 2023-10-20 09:06 | Report Abuse

The growing prominence of e-commerce in Malaysia and across the globe due to the increase in trade volumes will continue to influence the growth of ocean, air and freight forwarding services

kahfui1221

281 posts

Posted by kahfui1221 > 2023-10-20 09:07 | Report Abuse

so 10.10 sales, 11.11 sales and other festive events will enhance KGW logistics business πŸ˜‰

Posted by jomvalueinvest2 > 2023-10-20 12:15 | Report Abuse

Normally logistic industry will post strong net earnings end of the year. Stay monitoring as this company might break through 52 weeks high within this year

Posted by fingergold > 2023-10-23 10:07 | Report Abuse

Rebound and pullback a bot before flyπŸ™πŸ»

Posted by BuildBackBossku > 2023-10-23 10:46 | Report Abuse

Trading volume catches up and see can hit 23 cents today or not

ChandranG

266 posts

Posted by ChandranG > 2023-10-23 16:34 | Report Abuse

looks like it will wobble at 20 cents there for today ...

Augustine

107 posts

Posted by Augustine > 2023-10-23 16:56 | Report Abuse

Malaysian logistics industry is projected to reach RM66.25 billion in 2023 and grow to RM87.57 billion in 2027, expanding at a compounded annual growth rate (CAGR) of 7.1% for the forecast period.
Worth putting it for 2-3 years 😊

Posted by jomvalueinvest2 > 2023-10-24 09:51 | Report Abuse

Try to look into its balance sheet, actually KGW is one of the net-cash companies

kahfui1221

281 posts

Posted by kahfui1221 > 2023-10-24 12:14 | Report Abuse

yup, it holds strong cash position which is around RM28 million

Posted by BuildBackBossku > 2023-10-24 15:31 | Report Abuse

The logistics industry will boom on November 11th

https://www.alizila.com/1111-alibaba-taobao-tmall-2023-singles-day-double-11-sales/

Shines

2,751 posts

Posted by Shines > 2023-10-25 07:06 | Report Abuse

SST will pass on to consumers isnt it?

Augustine

107 posts

Posted by Augustine > 2023-10-25 09:29 | Report Abuse

Definitely, consumers absorb the SST cost. So, increasing SST rate from 5% to 8% will cause inflation for sure next year

ChandranG

266 posts

Posted by ChandranG > 2023-10-25 10:40 | Report Abuse

Some say SST is better than GST from the standpoint of consumers

Posted by jomvalueinvest2 > 2023-10-25 12:54 | Report Abuse

I totally agreed on that because certain businesses / scenario are exempted from SST, whereas GST charges from upstream to downstream business. Bad for consumers, but it's said good for enterprises

Posted by BuildBackBossku > 2023-10-26 11:00 | Report Abuse

Speaking of up and downstream, KGW is also involve in downstream business which is provide training, management services for e-commerce companies (mainly on Amazon, eBay, Etsy, etc.), besides the company's core shipping and logistics services

Posted by BuildBackBossku > 2023-10-26 13:56 | Report Abuse

see can match at 0.20 today or not. Tp 28 cents for short-term πŸ˜‰

kahfui1221

281 posts

Posted by kahfui1221 > 2023-10-26 16:30 | Report Abuse

next month it will show a 'great' momentum I believe

Augustine

107 posts

Posted by Augustine > 2023-10-27 10:03 | Report Abuse

why next month it will have moment? πŸ€”

StingRay

6,841 posts

Posted by StingRay > 2023-10-27 10:23 | Report Abuse

Provided they finalise the deal with the "momentum maker" lah. That is you understand what I mean. 🀣

Augustine

107 posts

Posted by Augustine > 2023-10-27 11:33 | Report Abuse

lol. I thought it was due to its logistics services will be boosted by double 11 sales

StingRay

6,841 posts

Posted by StingRay > 2023-10-27 11:37 | Report Abuse

Without "momentum maker" best result also no use. Many PN17 loss making counters can go up like crazy also due to "momentum maker" mah. 🀣

Posted by jomvalueinvest2 > 2023-10-27 14:25 | Report Abuse

Welcome Bursa de Casino 😁

ChandranG

266 posts

Posted by ChandranG > 2023-10-30 09:55 | Report Abuse

See how you operate your investment portfolio. Sometimes people's investing behavior is closed to gambling

kahfui1221

281 posts

Posted by kahfui1221 > 2023-10-30 11:51 | Report Abuse

Prepare to grab this at lelong price (i.e. less than 20 cents)

Posted by BuildBackBossku > 2023-10-30 14:02 | Report Abuse

Anwar said the tax is not applicable on services such as food and beverages, and telecommunications, however the government announced that the scope of taxable services would be expanded to include logistic, brokerage, underwriting and karaoke services in 2024, as part of efforts to increase the government's coffers.

https://www.nst.com.my/business/economy/2023/10/971410/brokerage-fees-share-trading-exempted-sst

Augustine

107 posts

Posted by Augustine > 2023-10-31 11:44 | Report Abuse

Queuing at 19.5 cents to try some luck today, hehe

Posted by jomvalueinvest2 > 2023-10-31 13:32 | Report Abuse

It will shoot up next month I guess. Btw, I chipped in some @ 20 cents πŸ€“

kahfui1221

281 posts

Posted by kahfui1221 > 2023-10-31 16:08 | Report Abuse

Let's see that catalyst will work out miraculously next month or not

ChandranG

266 posts

Posted by ChandranG > 2023-11-01 10:03 | Report Abuse

Logistics services will be robust for the end of this year as an online shopping spree is going to happen

Posted by jomvalueinvest2 > 2023-11-01 15:27 | Report Abuse

good good, trading volume is piling up gradually

Posted by BuildBackBossku > 2023-11-02 09:21 | Report Abuse

@Augustine. seems like you can match it at the price you wanted today πŸ™‚

Augustine

107 posts

Posted by Augustine > 2023-11-02 11:18 | Report Abuse

yes, chipped in some this morning. You fast you get it 😁 now back to 0.20 alrdy

kahfui1221

281 posts

Posted by kahfui1221 > 2023-11-02 18:38 | Report Abuse

Congrats dude. Better collect while it retraces

Posted by BuildBackBossku > 2023-11-03 10:22 | Report Abuse

Logistics sector's inclusion in SST to be refined. Not confirmed yet πŸ˜‘

https://theedgemalaysia.com/node/688680

ChandranG

266 posts

Posted by ChandranG > 2023-11-03 15:44 | Report Abuse

Don't worry, they promote the online business in Budget 2024. They will make the exemption for the sector unless they want to contradict what they propose in the budget

Augustine

107 posts

Posted by Augustine > 2023-11-03 16:12 | Report Abuse

finger crossed for that. Hope that this government will not U-turn for that

Posted by jomvalueinvest2 > 2023-11-06 12:06 | Report Abuse

good news will come eventually

Augustine

107 posts

Posted by Augustine > 2023-11-06 16:59 | Report Abuse

we all hope so. Once confirmed it will be exempted from 8% SST, logistics companies will surge

kahfui1221

281 posts

Posted by kahfui1221 > 2023-11-06 17:30 | Report Abuse

Slowly moving up aldy as 11.11 is coming 😎

Posted by BuildBackBossku > 2023-11-07 09:48 | Report Abuse

Looks like 19.5 cents is its bottom price. Now breaking 20 cents again ~

Posted by jomvalueinvest2 > 2023-11-07 11:14 | Report Abuse

great movement. got chance to hit 52 weeks high I think

ChandranG

266 posts

Posted by ChandranG > 2023-11-07 13:37 | Report Abuse

If its Q3 is magnificent, 0.30 is also possible. hehe

Posted by BuildBackBossku > 2023-11-08 13:29 | Report Abuse

Budget 2024’s focus on the logistics industry is substantial support for digitalisation to improve productivity

https://theedgemalaysia.com/node/686665

Posted by BuildBackBossku > 2023-11-08 13:30 | Report Abuse

this industry also got good 'shows' next year

Augustine

107 posts

Posted by Augustine > 2023-11-08 17:10 | Report Abuse

11.11 sales is its current strong catalyst πŸ€—

ChandranG

266 posts

Posted by ChandranG > 2023-11-09 09:01 | Report Abuse

Cool, then it might hit 25 cents within this month I presume

kahfui1221

281 posts

Posted by kahfui1221 > 2023-11-09 11:07 | Report Abuse

trading volume is building up gradually. Looks like certain funds are being attracted and flowing in to this counter

Posted by jomvalueinvest2 > 2023-11-09 14:52 | Report Abuse

Breaks EMA 30. Good sign

HosayLiu

221 posts

Posted by HosayLiu > 2023-11-10 10:20 | Report Abuse

Logistics business is booming tomorrow 😁

Post a Comment
Market Buzz