KEYFIELD (5321): Financials Summary, Key Results, Growth

Probably would have already hit RM3 if it wasn't for market turbulence. This stock backed by strong fundamentals

2024-08-15 10:14

patiently wait for RM 3 +++++

2024-08-15 10:46

DatukYong

Wow, good qr result

2024-08-15 18:10

DatukYong

I keep my ipo share until now, no Rm5 no sell

2024-08-15 18:22

Goldberg

Excellent quarter results. 3 sen divvy per share. Wow.
TP of RM 3.80 by year end - no problem.

2024-08-15 18:23

loonisback

nicee dividend

2024-08-15 19:03

Goldberg

Keyfield more than doubles 2Q net profit, flags upcycle amid tight supply

theedgemalaysia.com

15 Aug 2024, 07:33 pm

KUALA LUMPUR (Aug 15): Oil and gas services firm Keyfield International Bhd (KL:KEYFIELD) more than doubled its net profit in the second quarter and flagged an industry upcycle amid tight supply of vessels servicing the industry.

The average daily charter rates were higher in the April-June quarter (2QFY2024) when compared to the same quarter last year, Keyfield said in an exchange filing. The company’s accommodation vessels were also busier with an increase in the number of chartered days and utilisation rate, Keyfield noted.

Net profit for 2QFY2024 was RM70.04 million compared to RM30.16 million over the same period a year earlier. The company would have booked a net profit of RM77.1 million after adding back non-cash share option expenses and non-recurring listing expenses and accretion of interest on preference shares.

Revenue for the quarter surged 87% year-on-year to RM198.98 million from RM106.56 million. The number of chartered days for its own vessels in 2QFY2024 was 970 days with utilisation rate of 96.9% versus 2QFY2023’s 808 days and utilisation rate of 93.8%.

Keyfield International Bhd CEO Datuk Darren Kee said the company has fully repaid its bank borrowings and they can leverage on their current debt-free balance sheet to further enhance returns to our shareholders while remaining vigilant and dedicated in managing their fleet and operations prudently.

2024-08-15 19:52

RM3 sapsapsui hehe

2024-08-16 08:40

Damn solid QR. Well done Keyfield!

2024-08-16 09:02

One of the underrated gem stocks of 2024. Potential for much more upside medium to long term. Expect a new TP to be upgraded by IBs soon..

2024-08-16 10:01

jayjerung

RM 3 by end of august.good luck

2024-08-16 10:46

jenson68

Hidden gem !!

2024-08-18 12:38

tarkus2048

buy on weakness

2024-08-20 16:31

Xienry

dip is here

2024-08-20 16:45

qr good price down ! what the market

2024-08-22 11:57

cosmic95

strange to see, good QR, got dividend, but price down.

2024-08-22 12:05

Market has gone insane

2024-08-22 16:10

Yes the market has gone insane. That provides an opportunity. Market will not be insane forever.

2024-08-24 18:49

Zikir95

Sedang cari kesempatan utk kutip saham ni pd harga yg rendah 🙂

2024-08-26 12:05

pang72

xuxu

qr good price down ! what the market

1 week ago

Notion is the similarity of KEYFIELD.
Good QR but crashing. Maybe, same goreng group inside

2024-09-04 15:43

johorbaru

Keyfield sememangnya sedang berkembang dengan baik. Yakin ia boleh meneruskannya. Terdapat satu lagi syarikat OSV yang juga berkembang dengan baik . Tetapi ia didagangkan pada sebahagian kecil daripada penilaian. Ini adalah Nam Cheong. Listed SGX. Adakah anda bersetuju?

NAM CHEONG +100% IN 2 MONTHS
https://www.nextinsight.net/story-archive-mainmenu-60/947-2024/15808-stock-jumps-100-in-2-months-as-1h-results-point-to-low-valuation

2024-09-04 16:11

spsampah

Nam Cheong should come and list in Bursa. PE immediately becomes 8x and above!

2024-09-04 17:36

Xienry

support keyfeild...

2024-09-04 19:59

If you sell Keyfield you are guaranteed to make money. Very poor fundamentals.

2024-09-05 10:24

It's only worth RM 1.20.

2024-09-05 11:51

Bad news coming. Sell.

2024-09-05 12:03

What will be the bad news ? ? ?

2024-09-05 17:38

Pang72 bro this is a good stock, no worries. always cover back during closing hehe

2024-09-05 17:42

Momentum changed to drop 10 cts everyday hehe

2024-09-10 15:20

sten_still

no bad news, just O&G prices play. impact will be on reduce the margin for keyfield can be qoute. that's it

2024-09-10 16:05

sten_still

as long as keyfield steady growth rate like recently. surely the current price is very attractive

2024-09-10 20:00

This stock is worth 90 sen only.

2024-09-11 09:47

tarkus2048

Come back friday

2024-09-13 14:35

WongCapital

Kenanga really confident up TP everytime....Not suprising bcos good company...easily can go above 3.00

2024-09-19 15:38

tarkus2048

Easy come back

2024-09-20 18:19

Nice, Keyfield shares spike to one-month high after new work orders

https://theedgemalaysia.com/node/728039

2 months ago

faridfet

Daily charter rates will continue to trend upwards in the local OSV market, as supply remains tight, while client demand continue..

2 months ago

Xienry

continue monitor this week

2 months ago

Looks like we can collect it if it falls through RM2

2 months ago

Keyfield International files RM1b sukuk !
https://themalaysianreserve.com/2024/10/23/keyfield-international-files-rm1b-sukuk/#google_vignette

1 month ago

i7investors

dato' & datin buy

1 month ago

Let's follow them buy 😁

1 month ago

Another very strong QR yet again but market not giving it the valuation it deserves. Bursa is a shameful market.

1 month ago

WongCapital

Only in bursa, fundamental and technical are jokes only. If kwsp/kwap/pnb/th dont buy then nothing can go up. Only go down

1 month ago

padriklucena

Best Time To Invest here... Go for it

1 month ago

Directors are buying. What are we waiting for ? 😁

3 weeks ago

kfbusjd

Not the share not good. But after Serba case now investor more aware to this kind of stock. Same high eps, receivables keep going up, higher and higher liabilities, pay high dividend but at the same time raise fund. Logically, the company should have healthy cash flow before pay high dividend to shareholders.

2 weeks ago

Plantermen

Last few trading days interest & focus on gloves. O&G sidelined

1 week ago