KLSE (MYR): KGB (0151)
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Last Price
3.07
Today's Change
-0.15 (4.66%)
Day's Change
3.03 - 3.20
Trading Volume
3,446,600
Financial Year 2020
Financial Year | Annual Audited Account | Annual Report | View | |
---|---|---|---|---|
Ann. Date | Ann. Date |
MSIA survey reveals rising optimism in Malaysia's semicon industry despite challenges
https://theedgemalaysia.com/node/718928
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
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
If everything limit down, you might as well keep your money in FD. Baseless comment
4 weeks ago
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
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
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
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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
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
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
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
Where got superb?
I can see that all sectors of the business drop significantly, only industrial gas business going up.
Terrible!!!
2 days ago
profit recognition from construction segment tends to be lumpy, have patience
2 days ago
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
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
Stocks Rally as Powell ‘Locks In’ a September Cut: Markets Wrap
Powell says ‘time has come’ for Fed to cut interest rates
Traders pricing over 100 basis points of Fed easing this year
https://www.bloomberg.com/news/articles/2024-08-22/stock-market-today-dow-s-p-live-updates?embedded-checkout=true
4 hours ago
gooman
https://www.thestar.com.my/business/business-news/2024/07/10/improving-outlook-for-semiconductor-sector
1 month ago