KELINGTON GROUP BERHAD

KLSE (MYR): KGB (0151)

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Last Price

3.38

Today's Change

-0.04 (1.17%)

Day's Change

3.30 - 3.42

Trading Volume

1,073,300

Financial

T4Q

31-Mar-2021

2020

31-Mar-2021

2019

31-Mar-2021

2018

31-Mar-2021

2017

31-Mar-2021

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

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600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Discussions
19 people like this. Showing 50 of 6,243 comments

SEE_Research

To : All

From : SEE_Research
Issued on 5.00am., 13 June 2024 / Thursday

1. Please note on
Nasdaq Composite Index reaching record 52 weeks high of 17,725.39


Nasdaq Composite Index

17,608.44 / +264.89
(1.53%)today
12 Jun, 4:46 pm GMT-4 • Disclaimer

Open
17,502.15

High
17,725.39

Low
17,490.64

Prev close
17,343.55

52-wk high
17,725.39

52-wk low
12,543.86

================================================================
A. With such powerful closing of the
Nasdaq Composite Index at record closing that is near to 52 weeks high __
Of
17,608.44 / +264.89 on 12 June 2024 __ it will excite with positive momentum upwards of
the Technology Sector ___ in KLSE

B. On the huge potential for
KGB/ 0151 to be the next hidden jewel for the dynamics growth of sales revenues that will translate into higher
EPS ( Earning per share)
for the KGB / 0151

into the star performer for 2024 ___
as K G B is tilted
to the " Technology Sector " in KLSE.

C. Repeated customers for KGB / 0151 also include

1. SMIC , China

2. TSMC , Taiwan

3. Stolt Nielsen/
international group of companies ,
Port Klang

4. Micron , Singapore

5. Western Digital, Penang & Samalaju Industrial Park,
Sarawak , Malaysia

6. Lam Research Singapore Pte. Ltd. , Singapore

7. Others / Stolt Nielsen for the huge storage tanks in Port Klang
__ of West Port , Pulau Indah


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

Remarks

( i ) The above mentioned customers are by itself ; world class companies that are clear leaders in their respective fields.

( ii ) Stolt Nielsen is a world class conglomerate of huge storage tanks for chemicals; ships tankers moving the various chemical into final destination ports .

K G B/ 0151 is on the way to well known in its field that is well known in Asia and now spreading its services to
European industrial cities thru
Germany as well as inner ___
Southern China thru Hong Kong

with her respective physical offices
__ well served .


MORE TO COME _____
AS THERE ARE SWAMPED OF POSITIVE OPPORTUNITIES

1 month ago

SEE_Research

Price Target

The average one-year price target for Kelington Group Berhad is $4.233.

The forecasts range from a low of $3.888

to a high of $4.725.

A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings.

Analysts typically set price targets that correspond to their buy or sell recommendations.

Update Frequency: Monthly

Record Date Projection Date High Low Median Average
2024-06-12 2025-06-12. 4.72 / 3.89/ 4.18 / 4.23

1 month ago

SEE_Research

×
The Straits Times
SPH Media Limited


Wafer manufacturer Siltronic opens $2.9b facility in S’pore, will expand hiring


DPM Heng Swee Keat said at the opening ceremony of Siltronic's new plant that the digital and green revolutions will make semiconductors even more critical.

PHOTO: LIANHE ZAOBAO
Timothy Goh

UPDATED JUN 13, 2024, 04:49 PM
FacebookTelegram

SINGAPORE –

A German firm that supplies semiconductor materials officially opened a $2.9 billion advanced manufacturing facility here on June 12.

The 150,000 sq m factory in Tampines – Siltronic’s third production plant in Singapore – produces silicon wafers for semiconductors, which are used in mobile devices, electric vehicles and data centres.

The plant, which is expected to produce up to 100,000 wafers a month by the end of 2024, has introduced what is called silicon wafer epitaxy capabilities to Singapore for the first time.

Kelington Group Berhad thru their Singapore office is ready to offer their range of services.

1 month ago

faruqie

too quiet today..haha

1 month ago

SEE_Research

More to come for K G B / 0151 as there are seamless of overflowing opportunities in Malaysia and the neighbouring countries of Singapore ,
Indonesia ,
Hong Kong and the inner cities of Southern China thru their KGB
physical office in place in Hong Kong as a gateway .

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

https://youtu.be/yhMvO6w8OVs?si=r-I9xgqbDNOEgrf1

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

With great opportunities in the coming months ;
years of 2025 onwards in serving the
Malaysia semiconductor industry as Malaysia targets over
USD 100 BILLIONS IN SEMICONDUCTOR INDUSTRY INVESTMENT

AS DETAILS BY

P M / ANWAR IBRAHIM
MITI MINISTER / TENGKU ZAHRUL.

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

==

Target Price RM ___ 4.10 above / K G B

Target Price RM ___ 2.70 to RM 2.90 / K G B WB

1 month ago

SEE_Research

To : All

From : SEE _Research
Issued on 12.00 noon ., 15 June 2024 _ Saturday

On the huge potential for
KGB/ 0151 to be the next hidden jewel for the dynamics growth of sales revenues that will translate into higher
EPS ( Earning per share)
for the KGB / 0151

into the

* top 5 star performer *

for 2024 ___
as K G B is tilted
to the " Technology Sector " in KLSE.

A. Repeated customers for KGB / 0151 also include

1. SMIC , China

2. TSMC , Taiwan __
is one of KGB list of regular ,
repeated customers

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

The Semiconductor Giant Powering the World 's Technology


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

https://youtube.com/shorts/O9imfCNlA6Y?si=1KSAEkvccJ_3UKml


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

3. Stolt Nielsen/
international group of companies ,
Port Klang


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

4. Micron , Singapore

5. Western Digital, Penang & Samalaju Industrial Park,
Sarawak , Malaysia

6. Lam Research Singapore Pte. Ltd. , Singapore

7. Others / Stolt Nielsen for the huge storage tanks in Port Klang
__ of West Port , Pulau Indah


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

Remarks

( i ) The above mentioned customers are by itself ; world class companies that are clear leaders in their respective fields.

( ii ) Stolt Nielsen is a world class conglomerate of huge storage tanks for chemicals; ships tankers moving the various chemical into final destination ports .

K G B/ 0151 is on the way to well known in its field that is well known in Asia and now spreading its services to
European industrial cities thru
Germany as well as inner ___
Southern China thru Hong Kong

with her respective physical offices
__ well served .


MORE TO COME _____
AS THAT ARE OVERFLOWING OF POSITIVE OPPORTUNITIES

WITH THE IMMEDIATE TARGET PRICES

( i ) K G B /
TARGET PRICES __ ABOVE RM 4.10

( ii ) K G B WB/
TARGET PRICES __
ABOVE RM2.70 TO RM 2.90 LEVEL

1 month ago

SEE_Research

To : All

From : SEE _Research issued on 1.38 pm. 15 June 2024 / Sunday


Petronas/
Cloud Culture __
Accelerating collective growth in Malaysia

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

https://youtu.be/VcSJ4tRHq-Q?si=DqvwrBSU8PiSfg5L

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

Together with
K G B IN CLOSE PARTNERSHIP AS THE CLOSE PROXIMITY OF GAS SUPPLIED CONTINOUSLY BY PETRONAS TO K G B PLANT NEXT DOOR THAT RESULTED MUTUAL BENEFITS

Ace Gases : a specialised subsidiary of
K G B / 0151
_______ specializes in supplying liquefied industrial gases, including Liquid Carbon Dioxide, Liquid Argon, Liquid Oxygen, Liquid Nitrogen, Liquid Nitrous Oxide, Liquid Ammonia, Liquid Helium, and others, delivered in ISO containers both locally and overseas. We also offer tank leasing and rental services with our large fleet of multimodal ISO containers across the Asia Pacific region.

1 month ago

SEE_Research

KUALA LUMPUR:
Kelington Group Bhd's 90.71 per cent-owned subsidiary Ace Gases Sdn Bhd has started production of liquid carbon dioxide (LCO2) at its second plant in Kerteh, Terengganu.

With a production capacity of 70,000 tonnes per year, this brings the company's production capacity of LCO2 to 120,000 tonnes per year.


Kelington chief executive officer Raymond Gan said the company's first ventured into LCO2 manufacturing with the commencement of the first plant, with production capacity of 50,000 tonnes per year, in Oct 2019.

"Having reached its full capacity, this expansion enables us to stay ahead of the growing market demand.


"Commencement of the second LCO2 plant will position us for further revenue growth from our industrial gas segment as we now have the capacity to effectively meet rising demand," he said in a statement.

According to Gan, the prospects of the company's LCO2 manufacturing business are promising, especially as the closure of petrochemical plants overseas due to environmental concerns have led to global shortage of LCO2, which is essential in many industrial processes.

He added that over 70 per cent of the company's LCO2 is currently exported, serving markets in Singapore, Australia, New Zealand, Fiji, Indonesia and the Philippines.

He said the enhanced capacity allows Kelington to further broaden its market footprint, both within these existing territories and into new regions.

At Kelington's LCO2 plant, CO2 waste gas sourced

from Petronas Gas' processing plant

is purified and converted into food-grade LCO2, catering for use across diverse applications, particularly in the food and beverage (F&B) sector to produce carbonated drinks and the creation of dry ice for food freezing.

In addition to the manufacturing facilities, Kelington said it has a robust support infrastructure, including storage tanks and a fleet of transportation vehicles.

The company noted that this facilitates the secure and efficient distribution of LCO2 both domestically and internationally.

Meanwhile, Kelington also said its strategic diversification into both engineering services and industrial gas manufacturing ensures a balanced portfolio for long-term sustainability.

While engineering services offer project-based revenue, the company said the industrial gas segment promises a steady, recurring income, enhancing the company's financial resilience and growth potential across various market conditions and sectors.

By balancing across both segments, the company said it is able to capitalise on opportunities across different market cycles and sectors.

1 month ago

SEE_Research

To : Carole

K G B WB

1. Surely ;
it had been a good buy order /s

At 5.00 pm., 27 December 2023 ___
it is at RM 0.78 ?

You are ____
one of the small number of investors in this FIFO PIRATE
WHO BOUGHT ON THIS
* GOOD * PRICE.

2. Good for you _ Carole Loh.

3. At that time __ 27 December 2023 __
the immediate resistance of
RM ___ 0.80 but twice it retraced at
18 January 2024
5 February 2024 to

RM 0.81 and subsequently all the way ; it turns upwards with
3rd wave currently __ propelling on going forward.

4. Subsequently , a golden cup had been formed on 22 April 2024 __
And a handle is created on
22 April 2024 / RM 1.16

And on 22 April 2024 / RM 1.16 had been a long handle formation till now / 17 June 2024 / RM 2.25

Current peak is RM 2.30

5. To take note :
The coming trading days from
18 June 2024 _____
it will create higher high again _
Above RM 2.30.

1 month ago

SEE_Research

To : All

From : SEE _Research
issued on 3.30 pm., 17 June 2024


FOR BETTER UNDERSTANDING ESPECIALLY THOSE WHO HAVE LITTLE-
UNDERSTANDING ON
TECHNICAL CHARTS AND ANALYSIS


The cup and handle

is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume.

The pattern's formation may be
as short as seven weeks or as long as 65 weeks

as short as seven weeks or as long as 65 weeks

as short as seven weeks or as long as 65 weeks

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

KEY TAKEAWAYS

A cup and handle is a technical chart pattern

that resembles a cup and handle where the cup is in the shape of a "u"

and the handle has a slight downward drift.


A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.

Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.
The pattern was first described by William J. O'Neil in his 1988 classic book on technical analysis,

How to Make Money in Stocks.

1 month ago

SEE_Research

To : All

From : SEE _Research
issued on __
10.30 pm., 17 June 2024 / Monday

K G B

For this month __ June 2024 __
It is so good to note that K G B / 0151
______ have appeared two times in the
Star BizWeek ___ of
( i ) 1 June 2024 / Saturday
( ii ) 15 June 2024 / Saturday

inside the top 26
Biggest gainers

Page 14

1 month ago

Augustine

KGB will secure more China contracts this year

1 month ago

Sue1234

stock today seems quiet....

1 month ago

SEE_Research

To : Carole Loh

To : Aparao Sannasi

From : SEE _Research issued on
11.30 pm., 20 June 2024 / Thursday

The above pic shows on the technical chart and analysis __
on K G B
Closed on 16 April 2024 = RM 2.47

On 16 April 2024 / Tuesday __ big fall for almost all stocks due to
* * Israel & Iran * big conflicts that can escalate to war / s
* within 2 countries

Today / 20 June 2024 / good closing at
RM 3.59 ( + RM 0.12 )

From 16 April 2024 to
20 June 2024
= meteoric up of RM ___ 1.12

1 month ago

SEE_Research

To : Carole Loh
To : Aparao Sannasi

From : SEE _Research issued on
11.33 pm., 20 June 2024 / Thursday

The above pic shows on the technical chart and analysis __
on K G B WB
Closed on 16 April 2024 = RM 1.15

On 16 April 2024 / Tuesday __ big fall for almost all stocks due to

* * Israel & Iran * big conflicts that can escalate to war / s
* within 2 concerned countries

Today / 20 June 2024 / good closing at
RM 2.21 ( + RM 0.10 )

From 16 April 2024 to
20 June 2024
= meteoric up of RM ___ 1.06

1 month ago

hoplanner

SEE_Research ..... nuisance postings

1 month ago

Augustine

SEE_Research .... Messy postings la

1 month ago

gohkimhock

ffs, pls stop your spam la @See_Research. We the shareholders of KGB do not appreciate your constant spamming. If you want to discuss, do it in the proper manner. One or two lines will do.

1 month ago

hoplanner

😎

1 month ago

Sue1234

what happened these few days dropping

3 weeks ago

2Invest

Dear Sue;

No one can give you the best answer.

Analysts/Fund Managers may tell you it was because of foreign fund pull out from KLSE for the past few days or market correction etc......

Just stay focus, it should be fine as far as fundamental of the company didn't change.

Happy investing. Cheers!!!

3 weeks ago

superhappy

Patience bears great harvest here in KGB

3 weeks ago

Augustine

KGB worth to be invested for long run

3 weeks ago

Goldberg

Absolutely true @ 2Invest

Just stay focus, it should be fine as far as fundamental of the company didn't change.

Just be patient.

3 weeks ago

gohkimhock

just wait for next quarter results. No need to do anything now. Everything is fine.

3 weeks ago

SEE_Research

To : All

From : SEE _Research issued on __
3.50 pm. 2 July 2024

To take note on KGB __ on its uptrending mode with

FAST & FURIOUS MODE

K G B / 0151

1. The contract win and award of substantial sum __
Around
RM 150 , 000, 000.00 per 1 contract win

that will spike on the prices of mother share / RM 0.20 per 1 day

2 weeks ago

troy88

Still damn steady for this no worries star stock..

2 weeks ago

SEE_Research

To : All

From : SEE _Research issued on
5.30 pm., 2 July 2024 / Tuesday

Kenanga Research & Investment
Technology

- Dawn of a New Upcycle

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

https://klse.i3investor.com/web/blog/detail/kenangaresearch/2024-06-28-story-h-158006190-Technology_Dawn_of_a_New_Upcycle

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

kiasutrader
Publish date: Fri, 28 Jun 2024, 12:12 PM


We maintain OVERWEIGHT on the technology sector.

World Semiconductor Trade Statistics (WSTS) recently raised its projection for global semiconductor sales in CY24 to +16% (from +13.1%) driven by strong demand for memory and logic ICs. Following six consecutive months of YoY growth in semiconductor sales (Nov 2023 to Apr 2024), Malaysian players—which are mostly at the back end—are beginning to feel the positive impact. They guided for improving order visibility in coming quarters, which is consistent with our view of a recovery in 2HCY24.

Our top picks are:

(i) INARI (OP; TP: RM4.60) for its growing presence in China’s smartphone market and the AI space,

(ii) KGB (OP; TP: RM4.10) for its strong earnings visibility backed by a RM1.3b order book, and

(iii) LGMS (OP; TP: RM1.90) on higher demand for cybersecurity services from corporations locally on the heels of the enactment of Cybersecurity Bill 2024.

Recovery gaining momentum.

We reiterate OVERWEIGHT on the technology sector.

Global semiconductor industry data aggregator and forecaster WSTS in Jun 2024 raised its projection for CY24 global semiconductor sales to 16% (from 13.1% it projected in Nov 2023) driven by expectations for stronger YoY recovery from the memory segment (+77% from +45%) and logic ICs (+10.7% from +9.6%). Geographically, WSTS upgraded their sales forecasts for the Americas (+25% from +22%) and Asia Pacific (+18% from +12%).

These two regions will lead the recovery in CY24, accounting for c.27% and c.56% of total global sales, respectively.

Global semiconductor sales bottomed out and rebounded in Nov (+5.3%) and Dec (+11.6%) CY23 and had since stayed on a recovery trajectory into 1QCY24 (+15.2% YoY).

The YoY growth from Jan to Mar 2024 was consistent in the mid-teens.


We continue to like

KGB

as a key proxy to the front-end wafer fab expansion which is likely to pick up more aggressively in the 2HCY24.

The group continues to see a higher proportion of high purity (UHP) gas solution jobs in its pipeline, making up c.78% (vs. 60% in FY23) of its RM1.25b outstanding order book.

Meanwhile, its tender book remains elevated at RM1.6b, predominantly for potential jobs from China and Singapore.

We understand that the demand from China stems from the country’s ambitious goal to increase its semiconductor capacity by 60% in the next three years to cater for local consumption while Singapore’s demand comes from existing MNCs in the area looking to expand their capacity. The group has also set up offices and begun tendering in new regions (i.e. Hong Kong and Germany) at the request of existing semiconductor customers.

All in, KGB is optimistic to secure at least RM1b order replenishment in 2024 with current job secured standing at RM235m as at 1QCY24.



Source: Kenanga Research -

28 Jun 2024

2 weeks ago

Cakes Moon

Someone can help to report & ban SEE_RESEARCH for spamming?

2 weeks ago

SALAM

Live and let live la.....after all, this is democracy

2 weeks ago

Augustine

Let him be, Cakes Moon. It is an open market, and so as commenting

2 weeks ago

dawchok

Announced 1:1 bonus in 7Jul2021, will KGB announce bonus again in Jul 2024?

2 weeks ago

supertrader1

Possible? If yes, will fly high

2 weeks ago

Augustine

Another top pick in the OSAT segment was Kelington Group Bhd, which the research house said was a key proxy to the front-end wafer fab expansion.

https://www.thestar.com.my/business/business-news/2024/07/04/chip-players-on-the-cusp-of-new-upcycle

2 weeks ago

gooman

S&P 500, Nasdaq post record closes Friday as jobs report raises Fed rate cut hopes: Live updates
https://www.cnbc.com/amp/2024/07/04/stock-market-today-live-updates.html

2 weeks ago

zzprozaz

Post removed.Why?

1 week ago

Augustine

TP RM4

1 week ago

Augustine

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

https://theedgemalaysia.com/node/718928

6 days ago

dawchok

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

5 days ago

gohkimhock

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

5 days ago

Cakes Moon

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

5 days ago

Sue1234

huge drop ,omg

4 days ago

Augustine

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

3 days ago

SEE_Research

1.30 pm., 21 July 2024 / Sunday

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

https://youtu.be/ypUMpZpm8f8?si=lsAtjdZxebS4Sxwy

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

https://youtu.be/ceEEx_HJuJ0?si=HO1HtS3_nmr2TWIT

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

To take note on the Master / Sifu
Adam Khoo from Singapore __

of the technical chart and analysis __

And to note :
on successful investments

MUST BE
( i ) proven companies

( ii ) predictable profit / s

( iii ) consistent profit / s

Meaning the
last 2 financial quarters need to be increasing profit/ s

last 2 financial quarters need to be increasing sales revenues as only can sustain the share prices upwards

Thus the EPS
= Earning per share will corresponding increase too

Thus only can sustain the share prices higher ; higher ; higher.

To take note on KGB WB as
K G B meets all these criteria


The coming trading days __ with new catalysts on the contract win __ expected at least 2 contract win/s with
Per contract = RM 150 , 000 , 000.00
per 1 contract

K G B __ will issue the coming financial quarter after 22 August 2024
with increasing revenues
with increasing profits too .

1 day ago

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