KGB (0151) - Technical Indicators

TP RM4

1 month ago

MSIA survey reveals rising optimism in Malaysia's semicon industry despite challenges

https://theedgemalaysia.com/node/718928

1 month ago

dawchok

Any idea why KGB keeps on dropping while the main market is going up?

1 month ago

Just tracking technology index. Nothing wrong. If got chance it, grab it.

1 month ago

https://www.youtube.com/watch?v=ti7r3DEFdfc

Market so good, KGB still can drop.
Better stay monitoring 1st

1 month ago

Sue1234

huge drop ,omg

1 month ago

speakup

1 month ago

https://www.instagram.com/p/C9OeY3wgh7M/

KGB is still stably moving up. No sign of huge drop

1 month ago

SEE_Research

Post removed.Why?

1 month ago

LoveCalvin378

1 month ago

Update of arbitration proceeding by Kelington
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3465742

1 month ago

Sue1234

look like not a good sign

4 weeks ago

speakup

After lunch limit down?

4 weeks ago

OTB

Can claim it is a bonus for KGB.
If not, no impact.

The aforesaid Defence is not expected to have any material financial and operational impact on the Company for the financial year ending 31 December 2024.
Good luck.

4 weeks ago

HuatRex1314

If everything limit down, you might as well keep your money in FD. Baseless comment

4 weeks ago

Lol, institutional funds are not insane and throw the shares like CEB

4 weeks ago

dawchok

KUALA LUMPUR (July 29): Kelington Group Bhd (KL:KGB) has entered into a conditional share sale agreement (SSA) to acquire 2.53 million ordinary shares in Ace Gases Sdn Bhd for RM35.69 million.

In a Bursa Malaysia filing Monday, Kelington said the acquisition represents the remaining 9.29% equity interest and will allow it to fully control Ace Gases.

“The SSA is to be satisfied via cash consideration amounting to RM10.07 million cash and issuance of 7.59 million new ordinary shares in Kelington at an issue price of RM3.37 per share,” it said.

Kelington said that the acquisition would provide greater flexibility in planning and implementing long-term strategies for its business and services, enhancing its growth potential.

“In view of Ace Gases’ financial performance in recent years and its diverse geographical market coverage, Kelington may have the potential to pursue additional growth opportunities within the industrial gas industry,” it said.

Kelington said the proposed acquisition is expected to be completed in the second half of 2024.

UOB Kay Hian has been appointed to act as the adviser.

Uploaded by Lam Seng Fatt

3 weeks ago

Good acquisition of shares 👍

3 weeks ago

It is time to buy the dips!!!

2 weeks ago

Intra day high. Lol. What a roller-coaster. As long as you believe in KGB fundamental and not impulsive on Intel's decline, everything will be fine.

2 weeks ago

calvintaneng

Please tell the SEE_Research fella not to disturb Tsh people

or later they will also come here to do the same

it will not be good for anyone

2 weeks ago

Dow Jones

Dow Jones Industrial Average

38,703.27

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2.60%

Nasdaq

NASDAQ Composite

16,200.08

-576.08

3.43%

2 weeks ago

chopstick

😀

2 weeks ago

strong rebound, kudos to anyone who managed to buy the dip

2 weeks ago

Can't say it was a dip on Monday

2 weeks ago

https://www.thestar.com.my/business/business-news/2024/08/08/infineons-7bil-kulim-sic-power-fab-to-create-1500-high-value-jobs

then what would you call it? A crash?

2 weeks ago

NeverLie

2 weeks ago

NeverLie

first phase contract was awarded to kgb, second phase...?

2 weeks ago

usually the partnership will continue as not to make things difficult for their own engineers to test another supplier's UHP gas.

2 weeks ago

chai2145

hope KGB will get new contract soon.

2 weeks ago

Patiently waiting for the announcement of KGB's financial result! 😃

2 weeks ago

chai2145

will be good?

2 weeks ago

It will beat last quarter's performance

1 week ago

dawchok

KGB higher TP at RM3.90 by RHB

https://www.klsescreener.com/v2/news/view/1375151

1 week ago

KGB is tendering for two key projects in Germany, potentially valued at RM300 million to RM400 million, which if successful will further bolster its order book 🤗

1 week ago

Goldberg

Kelington to deliver another strong quarter on solid order book, says RHB

By Myia S Nair / theedgemalaysia.com

15 Aug 2024,

KUALA LUMPUR (Aug 15): RHB Research expects Kelington Group Bhd (KL:KGB) to deliver another quarter of strong earnings, on the back of a solid order book.

“We expect the strong year-on-year/quarter-on-quarter growth in revenue and core earnings to continue, supported by a solid RM1.3 billion order book (as of end-March) and favourable product mix”, RHB said in a note on Thursday. KGB is slated to announce its results for the second quarter ended June 30, 2024 (2QFY2024) on Aug 21.

“We gather that new job wins exceeded RM500 million in the first half ended June 30, 2024 (1HFY2024), with the majority coming from China, where tenders were aplenty," RHB added.

1 week ago

bryan1704

Results out guys, Revenue down from prev quarter but PAT & EPS up 30+%

3 days ago

bryan1704

any thoughts on how the share will perform tomorrow?

3 days ago

means KGB is on the right track as a growing company. The revenue is still within expectations.

3 days ago

Despite the decline in revenue in 2Q2024, gross profit increased by 21%, rising from RM46.0 million in 2Q2023 to RM55.5 million. This significant improvement in the gross profit margin, which increased to 17.3% from 10.8% in 2Q2023, was primarily driven by changes in revenue composition and a favorable project mix, as well as the contribution from industrial gases division. Additionally, PBT and PAT for the current quarter showed robust growth, each expanding by 34% compared to 2Q2023.

3 days ago

operating cash flow is strong, receivables down quite a bit. I guess Calvin won't come to make noise here anymore

3 days ago

Superb results. Tomorrow will open high and then shoot up

3 days ago

Where got superb?
I can see that all sectors of the business drop significantly, only industrial gas business going up.
Terrible!!!

2 days ago

https://klse.i3investor.com/web/pricetarget/research/72247

profit recognition from construction segment tends to be lumpy, have patience

2 days ago

NeverLie

Revenue dropped due to most projects came to an end, nothing to be surprised of, more high margin UHP projects coming, order book will breach 1.2b this year

2 days ago

gooman

2 days ago

calvintaneng

please do think very carefully

see two macro picture

1. In Peninsular (West Malaysia )

there is a 52% diesel price rise

as such all industries will be impacted by a corresponding rise of 5% to as high as 30%

these will see higher cost

1. property
2. construction
3. construction material
4.logistic that send goods by lorry or ships

5. consumer food and drink which are bulky

6. Toll road owners
as lorries now see higher operation cost by 52% they will make less trip so less collections from till

others

2. By Nov 2024 if Trump gets elected he will impose 10% tariff (tax) for all and for China it will be 60% tariff

so all industries related to export to USA will be hit

two things will hit all

a universal price rise caused by rise of diesel 52%

a universal tariff by USA from 10% to 60%

that is why it is of utmost safety to go invest in East Malaysia stocks which got no 52% diesel rise there

and palm oil export is more to India and China (not USA)

1 day ago