KELINGTON GROUP BERHAD

KLSE (MYR): KGB (0151)

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Last Price

2.37

Today's Change

-0.04 (1.66%)

Day's Change

2.36 - 2.40

Trading Volume

143,100

Price Target

A price target is an analyst's projection of a share's future price. 

Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.

Last Price

2.37

Avg Target Price

1.94

Upside/Downside

-0.43 (18.14%)

Price Call

0

SELL

7

HOLD

18

BUY

Date Open Price Target Price Upside/Downside Price Call Firm View Action
Discussions
18 people like this. Showing 50 of 5,874 comments

ChloeTai

My remisier (CGS CIMB) this morning whatsapped all her clients the following:
Kellington Group Berhad (KGB)
Technical buy: at RM2.32.
Targets: RM2.46, RM2.52, RM2.61
Stop loss: RM2.20

If like this, it could break the ATH (all time high) of RM2.37 already. Just 5 sen away.

6 days ago

OTB

I am very impressed with the growth of higher margin UHP gas systems and in time LCO2 plant 2 expansion.
KGB guided for its boosted margins to sustain in the coming quarters given the delivery of high-margin ultra-high purity (UHP) gas systems.
Its LCO2 plant 2 is coming online by the end of FY 2023, just in time to capitalise on the current LCO2 shortages in the market.
The semiconductor industry will grow 12% in 2024 and 24% in 2025 respectively. KGB will benefit a lot from these high growth periods to increase the earnings of KGB.

Q4 2023, PAT > 25 million is good enough.
I expect higher PAT in all quarter results of FY 2024.
I believe total earnings for FY 2024 will be around 120 million.
Thank you.

6 days ago

waorangsiam

thank you for sharing. thumbs up

6 days ago

ChloeTai

CGS-CIMB is expecting a sequencially stronger 4th quarter to wrap up FY23 to be driven by billings from completing projects.

6 days ago

ChloeTai

Please be green today (20 Feb 2024).

6 days ago

OTB

I believe the PAT will increase from 100 million in FY 2023 to 120 million in FY 2024.
There is a growth of 20% in PAT for FY 2024.

PAT will increase to 120 million for FY 2024 due to the following reasons :-

1.) The current outstanding order book = 1.5 billion.
2.) Higher margin of Ultra-high purity (UHP) gas system makes up 68% of its current outstanding order book of 1.5 billion compared against 59% as reported in Q3 2023. There is an increase of 9% margin in FY 2024.
3.) Its LCO2 Plant 2 with a capacity of 70k tonnes/year or 1.4x of Plant 1, has been completed and commissioned in FY 2024.
4.) The semiconductor industry will grow 12% in 2024 and 24% in 2025 respectively. KGB will benefit a lot from these high growth periods to increase the earnings of KGB.

Let us wait and see is it possible to increase the PAT from 100 to 120 million in FY 2024 ?
Thank you.

5 days ago

OTB

If the share price of KGB can break 2.37 (ATH), it means the Q4 2023 result must be good.
Let us wait and see the Q4 2023 result soon.
Thank you.

5 days ago

Cakes Moon

There is 1 call warrant CD going to expired on 26-Feb'24, I believe banker will sustains share price at this level to minimize payout.
Better collect KGB after the financial report announcement, be patient.

5 days ago

OTB

ChloeTai must be very happy today because the share price of KGB breaks 2.37 (ATH).
ChloeTai is a very good investor here.
She is capable of picking good fundamental stock.
Keep up the good work.

Good luck to all.
Thank you.

5 days ago

waorangsiam

wow, today like this! i like growth stocks! yes fast fast grow and become gigantic! lets see how u do in FY2024! u will do better this year! as u have the right things in every aspects and 2024 is a good year for u!

5 days ago

waorangsiam

recently saw some gurus start posting on semiconductor industry, citing they are undervalue and recovery is coming in. indeed they are laggard and behind compared to international market where they already ridding on AI trend. plus Malaysia should have beneficial factors on weak USD/RM. maybe 2024 is a year for semiconductor industry for malaysia. space for growth for malaysia!

5 days ago

ChloeTai

Thank you very much Mr Ooi Teik Bee. You are most welcome.

5 days ago

Permutation

KGB WB is trading at a discount and has 2 more years to expiry. Perhaps it is a better buy than the mother share.

5 days ago

OTB

Yes. You are right.
I also prefer to buy KGB-WB.
You have a higher ROI if you buy WB.
Thank you.

5 days ago

ChloeTai

@waorangsiam forcast of 17.8 X 2 = 35.6 Q4 earnings is needed to break RM2.40. All TA analysts forecast is above RM2.40.

5 days ago

Thealanor

buying more WB now

5 days ago

ChloeTai

I too have converted all my KGB mother shares to WB.

5 days ago

waorangsiam

@ChloeTai I also hope the earnings the higher the better. For myself, I will give it time to expand and grow for now and I am looking at longer term like FY24 especially and maybe FY25. Plus I think they might give handsome dividend in future. Because many funds in this share. Top 30 all funds. They are strong holder. Especially dividend growth stocks. Which is rare

5 days ago

ChloeTai

Sunway Construction posted a record high 4th quarter results which are better YoY and QoQ. I have only 1,000 shares of SUNCON. But I really hope KGB can perform as well especially the QoQ which many are doubtful that KGB can do it.

5 days ago

cgtan2020

Q4 result out on 28Feb2024

5 days ago

ChloeTai

Another new day, another new hope. Hope that WB can go up nearer to RM1.

5 days ago

OTB

Foreign funds are net buying stocks listed in KLSE everyday since February month.
I hope a bull market is coming to KLSE.
We have not seen a bull market in KLSE since 1993/4.
I hope it is a real one.
The share prices of KGB and KGB-WB breaks new high, it is a very good news here.

The promoter of plantation stocks attacked KGB with a faked news.
I hope the share price of KGB will hit 3.28 as recommended by Kenanga IB.
Good luck to all investors here in 2024.
Thank you.

4 days ago

ChloeTai

The premium of WB (RM0.975) is now -2.5% against the mother share (RM2.41).

4 days ago

Permutation

Soon WB will be trading at a premium instead of discount. Time will tell.

4 days ago

waorangsiam

the more fake news or evil comments they make, the more we know their true evil face and mind. last time i still dont know who they are and how they do. now i know. dont believe at all what they say. whatever they post, i will just ignore, not even a glance.

4 days ago

waorangsiam

zero credibility

4 days ago

waorangsiam

US market high. China market cloudy. Malaysia politic stable for now, USD/RM cheap. Sure foreign money coming in. Hohoho, 2024 for Malaysia!

4 days ago

OTB

Posted by Permutation > 1 day ago | Report Abuse
KGB WB is trading at a discount and has 2 more years to expiry. Perhaps it is a better buy than the mother share.
---------------------------
Theoretically KGB-WB should trade at a premium, not at a discount.
Then KGB-WB is cheap.
Thank you.

4 days ago

Cakes Moon

Buy WB, pay for strike price to convert for mother share, sell back to market!!!
2.5% gains confirmed!!!

4 days ago

jenson68

All times high !!! TP 2.60

4 days ago

OTB

Looking at the latest results of MPI and HLI, I believe semiconductor industry is turning around and start to rebound strongly. It is a good news to KGB.
Semiconductor industry will grow 12% in 2024 and 24% in 2025 respectively, this will augur well for the growth prospect of KGB.
I believe KGB will perform very well in 2024 and 2025.
Good luck to all investors here.
Thank you.

4 days ago

waorangsiam

that is why for good stock, i tend to hold longer term until the fundamental change, as fluctuations always happen due to profit taking. if it is good company, has good and sustainable fundamental, and growing strong, has strong uptrend it will eventually will make another and another new all time high. gotta make own judgement whether i see next few quarters will be even better or not. i hope this one can make it!

4 days ago

waorangsiam

good example the crazy nvdia, always breaks ATH. the new ATH always surprise me. starts from 111, and keep on growing. then it released the 1st surprisingly astonishing quarter results, the price hit 500, i thought couldnt be higher. then goes to almost 750! haha another and another all time high one after one, because it still continuously growing, so with the quarters results.

4 days ago

waorangsiam

if goreng stocks i not dare, if funds' favorite stocks i dare. lagi got dividend. hopefully this quarter give higher dividend.

4 days ago

waorangsiam

kasi higher dividend please, reward my patience

4 days ago

waorangsiam

give some money makan tomyam while waiting

4 days ago

ChloeTai

Dear operator of KGB, still gpt 5 trading days before the 4th quater results is annouced. Please let WB to cross RM1.00 convincingly.

4 days ago

Cakes Moon

Dividend from mother share will dilute the premium of WB, beware~
Better to buy after WB adjust to the dividend payout~

3 days ago

SALAM

Wow , 0151WB touching the great wall RM1 ....waiting waiting to cross with a bang.. Those who listened to the Sg crook missed the boat.. hehe

3 days ago

Permutation

For WB to cross RM1 is a piece of cake. Now focus on RM1.10

3 days ago

Permutation

Why are there more sellers queueing to sell KGB and also WB ? Yet the price keep inching up slowly instead of dropping?
My take is there are insiders/ analysts/investors who know/ believe the qtr results will be fantastic and therefore buying slowly and able to absorb the selling pressure well. After all they still have a few more days to accumulate before the results are out. Perhaps needs to take a cue from MPI ? ie. buy before the result is out ?? yes!

3 days ago

ChloeTai

Thank you very much for letting WB to cross the RM1.00 resistance. Now please do not let it drop back to < RM1.

3 days ago

SALAM

Without Sg speakers , a more breezy smooth sailing....slow but steady

3 days ago

waorangsiam

man.. nvdia new tp is raised to 835, highest is 1200~ wat a stock

3 days ago

ChloeTai

Dear operator, US markets rallied. Please help to push WB further away from RM1.00.

3 days ago

ChloeTai

4 more trading days before Q4 results. Now WB is 1 bid 1 sen. Should have a positive premium already.

3 days ago

Cakes Moon

Is this ChloeTai that wrote the blog for "Kelington Group Berhad (KGB): a Rising Dragon in 2024"?

2 days ago

gohkimhock

I have entered KGB many times between 2017 till now. I have never lost in this counter before. This time is the highest winning margin I got.

2 days ago

Permutation

KGB is moving up slowly but surely, two steps up one step down is normal to catch its breath.

2 days ago

ChloeTai

Today moving in the opposite direction. Never mind, still.got 3 more trading days before the 4th quarter results is released on 28 Feb 2024. After that, hopefully it is same like YTLPOWER.

2 days ago

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