KELINGTON GROUP BERHAD

KLSE (MYR): KGB (0151)

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Last Price

2.55

Today's Change

+0.02 (0.79%)

Day's Change

2.53 - 2.57

Trading Volume

772,200

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18 people like this. Showing 50 of 6,074 comments

bohliau10

Kelington inks 30-year land lease agreement with Terengganu state govt

By Syafiqah Salim /

theedgemalaysia.com

20 Mar 2024, 04:33 pm

TOPICS

Kelington enters into lease agreement with Terengganu State Government

PETALING JAYA:
Kelington Group Bhd, via its 90.71% owned subsidiary, Ace Gases Sdn Bhd, has entered into an agreement with Terengganu State Economic Development Corp to lease a parcel of land measuring 130,678.86 sq feet in Kerteh, Terengganu.

Under the agreement, the group will lease this parcel of land for an initial term of 30 years, with a further 30-year extension option (30+30), starting from Feb 1, 2024 to Jan 31, 2084.


Kelington chief executive officer Raymond Gan

said the parcel of land is conveniently located adjacent to the group's liquid carbon dioxide (LCO2) manufacturing plant and will facilitate streamlined operations in the future due to its close proximity.

“It is earmarked to support the group’s future expansion efforts within the LCO2 manufacturing segment.

The additional space will enable us to increase manufacturing capacity, enhance logistics infrastructure, and construct warehouses and other supporting buildings as required.


The LCO2 industry is experiencing significant growth, driven by global demand for its versatile applications, especially in the food and beverage sector for carbonated drinks and food freezing using dry ice.”

Since the commencement of Kelington's first LCO2 plant, Gan said revenue from export markets have risen consistently, fuelled by strong demand for LCO2 globally.

“With the first LCO2 plant achieving full capacity utilisation of 50,000 tonnes per year,

the group’s second LCO2 plant with an even larger capacity of 70,000 tonnes per year, brings the combined capacity to 120,000 tons per year.”

1 month ago

OTB

Dear Bohliau10,
Please summarise your posting.
Old news please delete them.
Very difficult to read, do not know which is the new news and which one is the old one.
The posting by others can be read easily.
Please help.
Thank you.

1 month ago

Ravi Kumar

Malu apa Boss Calvin Teng???? Laughing all the way to the bank with 6 digit popit

1 month ago

bohliau10

To : All

From : SEE _Research
Issued at 1.30pm. , 16 March 2024 / Saturday

Reissued on 10.00am., 20 March 2024 / Wednesday


K G B WB

A. Latest update

on its uptrending mode in the current situation with its unique well positioned in its technical behaviour ___
From 5 March 2024 / Tuesday to another
17 trading days __ 5 April 2024 / Friday onwards
The projected price is near to
RM 1.36 level.

And from latest update ; there is the new technical breakout that is created on today _
5.00 pm., 20 March 2024
( i ) Mother share
of _______ RM 2. 75 / + RM 0.13

( ii ) WB = RM 1.32 / + RM 0.05

From 20 March 2024 to 29 March 2024 __ the new leg with its good technical chart and analysis __ good behaviour will result in upwards of
( i ) mother share of RM 2.91
( ii ) WB of RM 1.46 to RM 1.49

Let wait and enjoy the good positive ride.


For next upwards leg from

================================================================

K G B WB

Latest update as at
12.30 pm., 20 March 2024

A. On its uptrending mode in the current situation with its unique well positioned in its technical behaviour ___
From 5 March 2024 / Tuesday to another
17 trading days __ 5 April 2024 / Friday onwards
The projected price is near to
RM 1.36 level.

B. Am SEE_Research is right ?

C. Am SEE_Research is wrong ?

D. As at now / 12.30 pm.,
20 March 2024 __ closed 12.30 pm.
RM ___ 1. 33 / + RM 0.06

that is before
5 April 2024 to reach RM 1.36 ?

E. Is this super bull run for KGB WB =
UNDER PERFORMANCE ?

OR

OVER PERFORMANCE?

YOU DECIDE __?

1 month ago

waorangsiam

https://theedgemalaysia.com/node/705296
“It is earmarked to support the group’s future expansion efforts within the LCO2 manufacturing segment. The additional space will enable us to increase manufacturing capacity, enhance logistics infrastructure, and construct warehouses and other supporting buildings as required,” said Gan in a statement.

GROW AHEAD, POWER AND STRONGLY, DONT STOP. 2024 THEN 2025!

1 month ago

waorangsiam

I SEE U LIKE PENTA. MAKE IT HAPPEN!

1 month ago

waorangsiam

SERIOUS IN DOING BUSINESS. RESPECT

1 month ago

bohliau10

To : All

From : SEE _Research

Reissued on 4.15 am., 21 March 2024 / Thursday


K G B WB

A. Latest update

on its uptrending mode in the current situation with its unique well positioned in its technical behaviour ___

And from latest update ; there is the new technical breakout that is created on today _
5.00 pm., 20 March 2024
( i ) Mother share
of _______ RM 2. 75 / + RM 0.13

( ii ) WB = RM 1.32 / + RM 0.05


This technical breakout will offer upside opportunities for
20 March 2024 to 29 March 2024 __

the new leg with its good technical chart and analysis __ good behaviour will result in upwards mode of

( i ) mother share of RM 2.91
( ii ) WB of RM 1.46 to RM 1.49

Let wait and enjoy the good positive ride with great strength like Sha ' Carri Richardson

==============================================================

https://youtu.be/C7UvUpDEOa0?si=0I9l8gLrL4cCaMTU

==============================================================

1 month ago

klee

YTLP 2 in the making.

1 month ago

klee

Products in high demand across all sectors incl semicon.Aggressive expansion plans.

1 month ago

klee

super trending mode now

1 month ago

klee

rm3 by fri close

1 month ago

klee

Both mpi n unisem is surging,global semicon sector recovery full steam charging.

1 month ago

bohliau10

In our recent makan at 8.30 pm.,
!18 March 2024
with
Mr Dominic Ong / FIFO

and his
* big * team of 3 remisiers from Penang plus

1 big time lawyer

1 big time Dr ____ specialist in share tradings

in
Kimiya Japanese Restaurant ,
TRX Shopping Mall ,
Kuala Lumpur

____ 8.30 pm., 18 March 2024 / Monday

KGB / mother share versus
KGB WB
( i ) 18 Mar 2024 / Monday
closed RM 2.58 / -- RM 0.05

( ii ) 19 Mar / Tuesday
closed RM 2.62 / + RM 0.04

( iii ) 20 Mar / Wednesday
closed RM 2.75 / + RM 0.13

( iv ) 21 Mar / Thursday
closed RM 2.76 / + RM 0.04

as ex dividend of RM 0.025 __
based on RM 2.72

Already up for a short period of 4 trading days = RM 0.18

That represent up 7 %
================================================================

WB

( i ) 18 Mar 2024 / Monday
closed RM 1.19 / -- RM 0.02

( ii ) 19 Mar / Tuesday
closed RM 1.27 / + RM 0.08

( iii ) 20 Mar / Wednesday
closed RM 1.32 / + RM 0.05

( iv ) 21 Mar / Thursday
closed RM 1.37 + RM 0.05


B. WB share
Already up for a short period of 4 trading days = RM 0.18
That represent up 15 %

================================================================

Analysis on uptrending stock in KLSE

A. K G B / mother share
Already up for a short period of 4 trading days = RM 0.18

That represent up 7 %



B. WB share
Already up for a short period of 4 trading days = RM 0.18

That represent 15 %

Highlight of importance

When there is normal warrant
__ it is of paramount importance to buy the normal warrant __ that can be subscribed instead of the mother share respectively.

1 month ago

klee

Phlx semicon index up 3.4%

1 month ago

bohliau10

RHB-OSK. TP: RM3.03

Affin Hwang TP: RM3.25

Kenanga TP.: RM3.40

K G B / 0151

the key clients are

(i) S M I C Semiconductor Manufacturing International Corporation

(SMIC) is a partially state-owned publicly listed Chinese pure-play semiconductor foundry company.

It is the largest contract chip maker in mainland China.

SMIC is headquartered in Shanghai[4] and incorporated in the Cayman Islands.[5] It has wafer fabrication sites throughout mainland China, offices in the United States, Italy, Japan, and Taiwan, and a representative office in Hong Kong.[6] It provides integrated circuit (IC) manufacturing services from 350 nm to 7 nm[7] process technologies.

State-owned civilian and military telecommunications equipment provider Datang Telecom Group as well as the China Integrated Circuit Industry Investment Fund are major shareholders of SMIC.[8][9][10][11] Notable customers include Huawei, Qualcomm,[12][13] Broadcom,[14] and Texas Instruments.[15][12] SMIC expanded in the early 2020s by building four 28 nm process fabs across China as a result of a joint venture with China's state semiconductor fund; the fabs were expected to come online in 2023 and 2024.[16]

(ii) Taiwan Semiconductor Manufacturing Company Limited (TSMC;

also called Taiwan Semiconductor)

[3][4] is a Taiwanese multinational semiconductor contract manufacturing and design company. It is the world's second most valuable semiconductor company,[5] the world's largest dedicated independent ("pure-play") semiconductor foundry,[6] and its country's largest company,[7][8] with headquarters and main operations located in the Hsinchu Science Park in Hsinchu, Taiwan.

It is majority owned by foreign investors,[9] and the central government of Taiwan is the largest shareholder.[10]

Founded in Taiwan in 1987 by Morris Chang, TSMC was the world's first dedicated semiconductor foundry and has long been the leading company in its field.[11][12] When Chang retired in 2018, after 31 years of TSMC leadership, Mark Liu became chairman and C. C. Wei became Chief Executive.

[13][14] It has been listed on the Taiwan Stock Exchange (TWSE: 2330) since 1993; in 1997 it became the first Taiwanese company to be listed on the New York Stock Exchange (NYSE: TSM)

( iv) MICRON,
Singapore Micron Semiconductor Asia Pte Ltd

Micron Semiconductor Asia Pte. Ltd. manufactures memory and semiconductor equipment. The Company offers solid state storage, hybrid memory cube, phase change memory, flash, and other managed devices. Micron Semiconductor Asia serves computing, networking, server, mobile, consumer, automotive, and industrial applications worldwide. And a long list of other multi international companies such as MICRON, Singapore Micron Semiconductor Asia Pte Ltd

Micron Semiconductor Asia Pte. Ltd. manufactures memory and semiconductor equipment. The Company offers solid state storage, hybrid memory cube, phase change memory, flash, and other managed devices. Micron Semiconductor Asia serves computing, networking, server, mobile, consumer, automotive, and industrial applications worldwide.

international companies such as MICRON, Singapore Micron Semiconductor Asia Pte Ltd

Micron Semiconductor Asia Pte. Ltd. manufactures memory and semiconductor equipment.
The Company offers solid state storage, hybrid memory cube, phase change memory, flash, and other managed devices.
Micron Semiconductor Asia serves computing, networking, server, mobile, consumer, automotive, and industrial applications worldwide.

1 month ago

troy88

One of the most consistent tech related companies in terms of growth. One word = Solid!

1 month ago

bohliau10

K G B /
Kelington Group Berhad

This company presents a step forward in making investment opportunities more inclusive and reflects a broader trend towards financial literacy and empowerment among Malaysians.

For those looking to invest, it offers a unique blend of stability, growth potential, and investment engagement, making it an attractive proposition for anyone looking to diversify their investment portfolio with a touch of homegrown success of supplier of various types of industrial gasses for the usage of semi conductor industry .

The semi conductor industry in the world has begun to recover from the 2023 slow down to more progressive ,
positive growth mode.

K G B is serious in their growth plan by penetrating positively in new markets___
by setting up physical offices in
Hong Kong and Germany

that are more lucrative markets
of Hong Kong,
Germany and across to Indonesia.

Keep on extending new boundaries of your market share
in the respective gas businesses .

A home - grown business in KLSE ___
that can progressively be in the international scene .

1 month ago

bohliau10

To : All

From : SEE _Research

issued at
( a ) 5.30 pm., 11 March 2024 / Monday

( b ) reissued on 11.59 am., 23 March 2024 / Saturday

Expected WB

( i ) first target RM 1.35 to RM 1.40
Reached on 21/ 3 / 2024 / Thursday

( ii ) second target RM 1.55 to RM 1.60

Extract from AmBank Retail Research

* STOCK IDEA*

11 Mar 2024
AmBank Retail Research

*KELINGTON GROUP* (KGB | 0151)
Shariah Compliant: YES

Entry : RM2.40–2.47

Target :

( i ) RM2.80, / mother share
WB : RM 1.35 to RM 1.40


( ii ) RM3.00 / mother share
WB RM 1.55 to RM 1.60



Exit : RM2.23

*Company Background.*

Kelington Group (KGB) is a leading provider of ultra-high purity gas and chemical delivery solutions for high-technology industry.

It is also a one-stop facility solution provider offering turnkey engineering services from initial system design to maintenance and servicing upon completion.

The group operates within

4 core business segments:

(i) ultra-high purity (UHP),

(ii) process engineering,

(iii) general contracting, and

(iv) industrial gases.


KGB's industrial gas operation primarily provides on-site gas supply and manufactures liquid carbon dioxide (LCO2).

========================================================================================

1 month ago

dawchok

KamSiah 'Bohliao' for continuously disseminating relevant and positive info about KGB.

1 month ago

bohliau10

Company Name

KELINGTON GROUP BERHAD

Stock Name KGB

Date Announced 27 Apr 2023

Category
General Announcement for PLC
Reference Number GA1-27042023-00034
OTHERS KELINGTON GROUP BERHAD ("KELINGTON" OR "THE COMPANY") - AWARD OF CONTRACTS WORTH APPROXIMATELY RM102 MILLIONType Announcement

Subject OTHERS

Description

KELINGTON GROUP BERHAD ("KELINGTON" OR "THE COMPANY") - AWARD OF CONTRACTS WORTH APPROXIMATELY RM102 MILLION

The Board of Directors of the Company is pleased to announce that Kelington Engineering (Singapore) Pte. Ltd.,

a wholly-owned subsidiary of Kelington had on 26 April 2023,

received award of Ultra High Purity ("UHP") contracts to design and build the chemical delivery system as well as to design and install of process utility main line and hookups in Singapore (“Contracts”).

The Contracts were awarded by a global leader in high-tech filtration, separation and purification.


================================================================

This is Kelington’s first contract to supply a fully customised chemical delivery system to customer.


This is Kelington’s first contract to supply a fully customised chemical delivery system to customer.

================================================================


In addition, the UHP equipment for this project will be fabricated and supplied by the Group’s wholly-owned indirect subsidiary, KE System Integration (Chuzhou) Co., Ltd in China.

This demonstrates that the Company’s in-house fabricated equipment is recognised and certified for use in an advanced production facility.

The Contracts value are worth approximately RM102 million, commencing in April 2023 and are expected to be completed by March 2024.

The Contracts are expected to contribute positively to the earnings and net assets of Kelington for the financial years ending 31 December 2023 and 31 December 2024 respectively. None of the Directors and/or major shareholders of the Company and/or persons connected to them has any direct/indirect interest in the said Contracts.
Other than the normal operational risk associated with the Contracts, the Company does not anticipate any exceptional risk.

This announcement is dated
27 April 2023.

1 month ago

bohliau10

Company Name

KELINGTON GROUP BERHAD
Stock Name KGB
Date Announced 27 Apr 2023

Category General Announcement for PLC
Reference Number
GA1-27042023-00034
OTHERS KELINGTON GROUP BERHAD ("KELINGTON" OR "THE COMPANY") - AWARD OF CONTRACTS WORTH APPROXIMATELY RM102 MILLIONType Announcement

Subject OTHERS

Description

KELINGTON GROUP BERHAD ("KELINGTON" OR "THE COMPANY") - AWARD OF CONTRACTS WORTH APPROXIMATELY RM102 MILLION

This announcement is dated
27 April 2023.


==============================================================

BREAKING NEWS

BREAKING NEWS

BREAKING NEWS

To : All

From : SEE _Research
Issued on 8.00am., 25 March 2024 / Monday

1. The above is the recent
KELINGTON GROUP BERHAD ("KELINGTON" OR "THE COMPANY") - AWARD OF CONTRACTS WORTH APPROXIMATELY RM102 MILLION

This announcement is dated
27 April 2023


2. From the prices of upwards movements ___ the important catalyst after the ex dividend of RM 0.025 per share is ex on 21 March 2024 __

Other important catalysts are very likely to be announced ___
very soon
( a ) new contract win/s and award/ s of substantial sum __ for near future announcements.

( b ) new announcements of bonus issue __ with free warrant __ WC !

THESE IMPORTANT CATALYST/ S WILL CREATE THE GREAT POWER OF
* FAST & FURIOUS * MODE LIKE

Breakout Star
Sha ' Carri Richardson of 10.65 seconds for 100 metres at Budapest 2023

==============================================================

https://www.youtube.com/watch?v=C7UvUpDEOa0https://www.youtube.com/watch?v=C7UvUpDEOa0

==============================================================

Breakout out star of KLSE
for 2024 , 2025 , 2026

K G B / 0151

AND THE MOTHER SHARE WILL CROSS THE PSYCHOLOGICAL LEVEL
OF RM 3.00 ___

WITH WONDERFUL BUT POSITIVE SURPRISES ! ?

4 weeks ago

gohkimhock

good and financially strong companies like KGB do not require everyday promotion. They just let results speak for themselves. bohliau10, stop your spamming.

4 weeks ago

SALAM

A CONFUSED MIND TRYING TO CONFUSE OTHERS 🙈🙈🙈

4 weeks ago

Volz4321

JUST HOLD :)

4 weeks ago

waorangsiam

yea, can u stop spamming? thanks ya

4 weeks ago

gohkimhock

most likely we could see a jump in the earnings in 3QFY24.

3 weeks ago

Cakes Moon

Good news out, share price down.
Something fishy, better monitor 1st ~

3 weeks ago

gohkimhock

一,买入公司,而非股票
二,利用市场的愚蠢,进行有规律的投资
三,善用财务报表。

3 weeks ago

klee

anytime break 2.8 n cross rm3 now

3 weeks ago

OTB

The analyst from Interpac broker gives a PAT of 135 M in FY 2024 and 150M in FY 2025.
It means a growth of 35% in 2024 and 50% in 2025 if compared against PAT in 2023.
This stock is one of the best growth stocks in 2024 beside YTLPower.

Should keep a bit longer term for KGB and YTLPower to win big.
It is not so easy to find a strong growth stock in KLSE.
In KLSE, you cannot find a very good fundamental stock and also a growth stock.

KGB is a bit related to semiconductor industries, based on the report from Kenanga, the semiconductor industry will grow 12% in 2024 and 24% in 2025 respectively.
-----------------------
KGB starts production at second LCO2 plant, I believe Q1 2024 result should be good.
Initially, I project a growth rate of 20%, initial projected PAT is 120 million in FY 2024.
The analyst from Interpac broker gives a PAT of 135 M in FY 2024 and 150M in FY 2025.
The PAT from Q4 2023 should be 46 million if there is no extraordinary loss of 11 million in China.
It appears to me the projected PAT from the analyst of Interpac broker at 135 million is also on a low side in view of new production at new LCO2 plant.
Moreover, semiconductor industry will grow 12% in 2024 and 24% in 2025 respectively.
Good luck and hope for the best.
Thank you.

2 weeks ago

dawchok

Referring to your 2nd last sentence about the new LCO2 plant, the contribution from LCO2 infact is not significant if we look at the past income breakdown. Nevertheless any extra earning is good for the valuation of KGB especially the extra earning from LCO2 which carries much higher net margin that the main income stream, UHP.

2 weeks ago

dawchok

As said before, the strongest driving force behind the share price of KGB is the replenishment of contracts. In the past years, there were announcements on new contract wins every couple months, but I don't see the trend is sustained this year. A bit of a concern. Hopefully a new big contract win is on the way. God bless.

2 weeks ago

Goldberg

Folks, to make money in stocks, you need to have vision to see them, courage to buy them & patience to hold them.

But sadly patience is the rarest of the three.

2 weeks ago

OTB

The PAT from Q4 2023 should be 46 million if there is no impairment loss of 11 million in China.
If you take 46 million x 4 = 184 million.
If you take 35 million x 4 = 140 million.
New production at LCO2 plant will make the PAT > 140 million.

I do not do my research on Ableglob, hence I cannot comment on this stock.
Thank you.

2 weeks ago

dawchok

Thank you for your kind response.

2 weeks ago

diuleiloumei

Please post insights about KGB here instead about others stock, thanks

2 weeks ago

bohliau10

To : All

From : SEE _Research
issued on 11.55 am. , 10 April 2024 / Wednesday ___
first day of Hari Raya holidays ___

K G B / mother share / 0151

on its techical chart and analysis
as per 9 April 2024 __Tuesday
before Hari Raya holidays

Commentary

A. Basing on the daily chart of 9 April 2024 __
K G B __ mother share has been trading above its uptrending mode of
20 days simple moving average that is healthy and exhibit a good technical sign.

B. However , the upwards movement has encountered the first resistance level of RM 2.76 .

C. Traders will need to pay special attention on its price actions and volume behaviour in order to determine on this first resistance at RM2.76 can be broken decisively to challenge on its current peak __
2nd resistance at RM 2.80 and

close up with sheer determination above RM 2.81 ___on its way for the coming trading days to the
psychological resistance of RM 3.00 .

D. Very likely from this chart ,
it will take up another 17 trading days___ starting from
5 April 2024 to
3 May 2024

to reach its upper trajectory level of
RM 3.12 at around 3 May 2024

E. Let wait for another
17 trading days __ to witness whether the technical chart and analysis __ will reflect its good behavioural pattern with its determined __ positive efforts .

1 week ago

shareinvestment7

KGB support line at danger.

1 week ago

OTB

Due to trade war between the US and China, most of semiconductor industries are shifted to Malaysia.
It is a good news to Malaysia.
Semiconductor industry will perform well in 2024.
Semiconductor industry will grow 12% in 2024 and 24% in 2025 respectively.
Hence KGB will perform well in 2024 and 2025.
Good luck.
Thank you.

1 week ago

Cakes Moon

Run for your life!!!
Cut loss!!!

1 week ago

mf

Dow Jones

Dow Jones Industrial Average

37,735.11

-248.13

0.65%

Nasdaq

NASDAQ Composite

15,885.01

-290.07

1.79%

1 week ago

Cakes Moon

This is a great chance to cut lost before further drop tomorrow!!!
Do not hesitate or stuck here for long!!!

5 days ago

waorangsiam

@cakes moon, yes. sold before big drop. and now buying back. how u know tomorrow will drop further? if yes good thing! have a lot to buy back.

5 days ago

Permutation

Israel will very likely attack Iran in the coming days / weeks. Their armed forces chief vowed so. Do we sell today following a rebound or hold for a while ? Its anyone guess whether it will fall further.
However the moment Israel strike Iran, the market will probably take another hit as well.
Perhaps it make sense to take profit by reducing half my holding and keep the balance for another 6 months.

5 days ago

Cakes Moon

Now market risk is high, better play safe, come back when things stablized.

3 days ago

shareinvestment7

Support line broken already. No point fighting with the downtrend. Cut loss and run first.

3 days ago

waorangsiam

still have 70% sold to buy back. let's see next week

3 days ago

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