KELINGTON GROUP BERHAD - WARRANTS 2021/2026
KLSE: KGB-WB (0151WB)
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Last Price
1.36
Today's Change
+0.02 (1.49%)
Day's Change
1.32 - 1.37
Trading Volume
657,300
Overview
Type
Company Warrant
Sector
INDUSTRIAL PRODUCTS & SERVICES
Listing Date
03-Aug-2021
Maturity Date
24-Jul-2026
Issue Size
193,797,106
Exercise Price
MYR 1.38
Ratio
1 : 1
Timeline
Today: 30-Apr-2024
Listing Date: 03-Aug-2021
Maturity Date: 24-Jul-2026
Prices
Warrant Price
1.35
Exercise Price
1.38
Underlying Stock Price
2.78
Conversion Ratio
1 : 1
Indicators
Value
Intrinsic Value: 1.40 (103%)
Time Value: 0.05 (-3%)
Premium
Premium: 0.00 (0.00%)
Gearing
2.059
Additional Info
Issuer
KELINGTON GROUP BERHAD
Description
Issuance of 214,333,821 warrants in Kelington Group Berhad ("Kelington") ("Warrant(s) B") to the existing shareholders of Kelington on the basis of 1 Warrant B for every 3 existing ordinary shares held in Kelington held as at 5.00 p.m. on Thursday, 22 July 2021
Discussions
Be the first to like this. Showing 50 of 53 comments
Malaysia's help needed to ease global chip shortage, Taiwan says
Ben Blanchard, Yimou Lee & Jeanny Kao
/
Reuters
October 01, 2021 16:14 pm +08
TAIPEI (Oct 1): Malaysia's help is needed to resolve the global shortage of auto semiconductors, especially when it comes to packaging, a sector affected by the country's Covid-19 curbs, Taiwan Economy Minister Wang Mei-hua said.
Taiwan, as a major chip producer, has been front and centre of efforts to resolve the shortage, which has idled auto plants around the world.
Speaking in an interview late on Thursday at her ministry, Wang told Reuters that Taiwan alone could not sort out the problem because the supply chain is so complex.
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"The bottleneck in fact is in Southeast Asia, especially Malaysia, because for a while the factories were all shut down," she said.
The problem was especially acute with auto chip packaging, with companies in Malaysia providing services not offered by Taiwanese firms, Wang added.
"Now the focus is on Malaysia resuming production as soon as possible. I know that Malaysia started to restore production capacity in early September, and now the production capacity has returned to about 80%, so if their capacity can slowly come back, this problem can be slowly dealt with."
Malaysia is home to suppliers and factories serving semiconductor makers such as Europe's STMicroelectronics and Infineon, as well as major carmakers including Toyota Motor Corp and Ford Motor Co.
Malaysia Semiconductor Industry Association President Wong Siew Hai said that the major Malaysian semiconductor manufacturers are already running at full capacity to supply the auto industry.
"For the automotive chips, they are doing their best to ship as much as possible, but the current capacity cannot meet demand because it's too huge, the build-up is a lot," he said. "Everything is at 100% to satisfy the demand for automotive parts. Where they can increase productivity, they're already doing so."
Adding capacity will take time, with most available only next year, Wong said.
Malaysia accounts for 13% of global chip packaging and testing, and 7% of the world's semiconductor trade passes through the country, with some value added at local factories and chips getting combined with other parts before final shipment.
The White House pressed automakers, chip companies and others last month to provide information on the semiconductor crisis.
Speaking to reporters on Friday, Wang reiterated the United States was not targeting Taiwanese firms and was voluntary, while Washington had assured Taipei that no sensitive information would be leaked.
If firms need help, the government will provide it, she added.
Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker, said it would tell the government if any help was required.
===================================
Remarks
From : SEE_RESEARCH
(a) SMIC is one of top regular ; repeated customer of Kelington Group Berhad
( b ) TSMC is one of top regular ; repeated customer of Kelington Group Berhad
SMIC = Semiconductor Manufacturing International
Corporation, China
TSMC = Taiwan Semiconductor Manufacturing International Corporation, Taiwan
2021-10-01 22:52
SEE_Research
TO :keng88 Next year kgb revenue and profit x2 up
02/10/2021 2:44 PM
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
TO : keng88 Next year TP 3.00 - 4.00
==========================================================================
1. Fully agreed with you , by September 2022 , this hidden jewel KGB/ 0151 will be well polished into a real GEM ,
will be over RM 5.00 , with WB reaching RM 3.00
03/10/2021 9:53 AM
2021-10-03 09:56
To : Eagle Group members for your own good
Are you still blur , blur , BLUR
on the huge potential for
KGB/ 0151 to be the next hidden jewel for the dynamics growth of sales revenue that will translates into
EPS for the KGB / 0151 into the star in the " Technology Sector " in KLSE.
Repeated customers for KGB
1. SMIC
2. TSMC
3. Stolt
4. Micron , Singapore
5. Western Digital, Selangor , Sarawak , Malaysia
6. Lam Research Singapore Pte. Ltd. , Singapore
7. Others
==================================
Remarks
( i ) The above mentioned customers are by itself ; world class companies that are clear leaders in their fields.
( ii ) Stolt is a world class conglomerate of huge storage tanks for chemicals; ships tankers moving the various chemical into final destination ports .
2021-10-03 09:59
SEE_Research TO : keng88 没跌那里有机会买便宜，长期KGB是看涨股，只是最近会被美股影响。
04/10/2021 10:36 PM
There is a chance to buy cheaper if it hasn't fallen. The long-term KGB is a bullish stock, but it will be affected by US stocks recently.
1. keng88 , do you mean ,
'' The long-term KGB is a bullish stock, but it will be affected by US stocks recently. ''
Yes , because the impending fear of US Nasdaq : correction downwards affect this KGB ,
the fear seem so real.
But , it is only the fear factor , the prices will subsequently adjust upwards again.
======================================================================================================================================================
2. To : Start_0f_the_bull 156563 下午小心点
04/10/2021 12:40 PM
Already warning earlier.
3. Do you mean " Be careful this afternoon "
So what kind of warning , obviously the share prices are not stagnant whereby the prices do fluctuate either up or down , in the mid term it is a up trending stock with the relevant target price is achievable RM 2.50 for KGB / 0151 by Kenanga Investment Bank , Malaysia .
==========================================================================
TO : DJThong
SEE Research why is it blur blur blur. What happened to your conviction?
4. Nothing happen to me , but more on you , the fear is so overwhelming to you .
So what kind of warning , obviously the share prices are not stagnant whereby the prices do fluctuate either up or down , in the mid term it is a up trending stock with the relevant target price is achievable RM 2.50 for KGB / 0151 by Kenanga Investment Bank , Malaysia .
2021-10-05 01:07
SEE_Research TO : DJThong
Blur blur blur
=========================================================================
1. When you are feeling the anxiety phobia , it will be wise for you to exit , the door is wide for you to exit ,
to run ,
as no one is stopping you for exiting.
Do not be blur , blur , BLUR.
05/10/2021 10:46 AM
2021-10-05 10:49
DJThong, good advice given to u by SEE_R; if fearful, can exit anytime. Do not ridicule solid research done. Buy n sell is your own decision. Wish all investors good harvest.
2021-10-05 21:07
===========================================================================
https://klse.i3investor.com/blogs/see_research/2021-10-06-story-h15919...
===========================================================================
https://klse.i3investor.com/blogs/see_research/2021-10-06-story-h15919...
2021-10-06 01:19
SEE_Research Kelington Group - Seals 100% Win Rate
Author: kiasutrader | Publish date: Wed, 6 Oct 2021, 9:18 AM
KGB extends its winning streak, securing its third job award from the world’s third largest semiconductor wafer foundry player. This job is worth RM40m, for the supply of an abatement system in the foundry’s upcoming wafer fab in Singapore.
All three awards totalled to RM134m, representing a 100% win rate
from this customer
GlobalFoundries Inc. (GF) which is slated
for an
IPO on Nasdaq Stock Exchange by year-end.
=======================================================================
GlobalFoundries Inc. (GF) is an American multinational semiconductor contract manufacturing and design company headquartered in Malta, New York.[4] GlobalFoundries was created by the divestiture of the manufacturing arm of Advanced Micro Devices (AMD) and is currently privately owned by Mubadala Investment Company the sovereign wealth fund of the United Arab Emirates.
Thomas Caulfield the chief executive officer (CEO) declared that GlobalFoundries plans to become a publicly traded company in 2022.[5] GlobalFoundries plans to list under the ticker "GFS" on the Nasdaq and submitted an initial public offering (IPO) filing to the U.S. Securities and Exchange Commission.[6]
=======================================================================
This brings YTD job wins to a new high of RM841m while its order-book hits a record RM979m.
KGB remains our top hidden gem pick owing to its healthy job pipeline and secular growth story. Reiterate our OUTPERFORM call with a
Target Price of RM2.50.
Extending its winning streak. Just three weeks after surprising us with its largest ever job win, Kelington Group (KGB) announced another contract award yesterday worth RM40m, marking its third job win from this single customer (world’s third largest semiconductor wafer foundry) for a new wafer fab construction in Singapore.
Hits a home run. The latest contract is for the supply and installation of an abatement system, complimenting the earlier two awards (for specialty gas and bulk gas) which involve designing and building the delivery systems for ultra-high purity gasses used in the fabrication process of semiconductor chips. All three awards from this particular customer totalled to RM134m, representing a 100% win rate for KGB. The group will commence work in a week’s time and targets to complete it by the end of 2022. Coincidentally, this customer has also on yesterday filed for IPO and is targeting to be listed on the Nasdaq Stock Exchange by the end of the year.
Order-book swells to RM979m. On YTD basis, KGB’s order replenishment of RM841m has more than surpassed its previous record in FY20 of RM490m, further strengthening our thesis of a secular growth story. Meanwhile, its outstanding order-book has swelled to another all-time high of RM979m, which is close to 2.5x of FY20 revenue.
Buoyed by the secular growth for chips. More than a year into the chip shortage scene, we are convinced that the demand surge for semiconductors is coming from a new wave of demand rather than a temporary supply glitch, in line with increasing components in: (i) enddevices to facilitate the adoption of 5G connectivity and (ii) electric vehicles. Therefore, we expect more fab expansion to be announced in Asia and KGB is in a favourable position to benefit from more UHP jobs given its strong presence in China, Singapore, Malaysia and Taiwan. Despite having RM979m worth of jobs at hand, the management is showing no signs of slowing down as the group’s tender-book remains elevated at RM1.1b.
Maintain FY21E and FY22E earnings at RM32.3m and RM47.0m, representing growth of 85% and 46%, respectively.
Maintain our OUTPERFORM call with an unchanged
Target Price of RM2.50 on FY22E PER of 33x (+1SD to 3-year peer mean), justified by the group’s healthy job pipeline and secular growth story.
Risks to our call include: (i) slower revenue recognition due to Covid-19, (ii) downturn in semiconductor sales, and (iii) delay in liquid CO2 ramp up.
Source: Kenanga Research - 6 Oct 2021
07/10/2021 12:42 AM
X
SEE_Research ===========================================================================
KGB remains our top hidden gem pick owing to its healthy job pipeline and secular growth story. Reiterate our OUTPERFORM call with a
Target Price of RM2.50.
Source: Kenanga Research - 6 Oct 2021
=========================================================================
https://klse.i3investor.com/blogs/see_research/2021-10-07-story-h15919...
==========================================================================
2021-10-07 00:46
SEE_Research KGB/ 0151
1. Technical chart and analysis from
14 July 2021 / closed RM 1.16
to 23 August 2021 / closed RM 1.22
( sub total : 27 trading days )
2. After 24 August 2021 on the break out to another 16 trading days to
15 September 2021 / RM 1.66
3.
A. Current high is
RM 1.88 / 22 September 2021
B. 2nd attempt at
29 September 2021 / RM 1.87
C . 3rd attempt at
30 September 2021 / RM 1.88
D. 4th attempt at
7 October 2021 / RM 1.86
Coming will be 5 th attempt to cross convincingly AND closed above RM 1.90 ; and this positive action as it happens; it will lift up the
WB over to over the current high of
RM 1.09 ;
A lot of room of growth on the share prices of WB /
closed RM 0.93 / 8 October 2021 .
It will happen ; matter of trading days ; as at now 16 trading days ; another 11 trading days ;
by 25 October 2021 .
===========================================================================
Other commented :
KGB facing the big roadblock infront at Rm1.89...the sky is limit after breakout and bringing together the KGB warrant flying without wings....cant wait to see how high could be fly.
2021-10-08 23:07
SEE_Research To : Leonggg @BennyWhittman can’t eat grapes say grape sour huhu sad boy
09/10/2021 1:33 AM
=============================================
1. Yes ; fully agreed with you on the potential of Kenanga Investments Bank issued the
Target Price RM 2.50 .
2. It is a matter of the coming days will pierce thru the current high RM 1.88 and closed higher.
3. This technical charts + technical analysis
of KGB + WB are both healthy with formation
a cup and handle in place for upwards thrust .
4. This stock is definitely not a goreng stock
as the goreng stocks are without strong fundamental factors ; more so ; some of the goreng stocks are in negative EPS .
5. The current book orders are
OUTSTANDING that is well over RM 1 billion ; that the coming 2 financial quarters will translate into
higher EPS ;
MORE SO THE CURRENT CUSTOMERS ARE REPEATED
CUSTOMERS ; AND MOST OF THESE CUSTOMERS ARE ON ITS OWN RIGHT : THEY ARE LEADERS IN THEIR FIELDS.
5.1 The repeated customers are with leadership qualities that are well renowned in the world ;
So in short ; Kelington customers are NOT the ordinary shop houses based ; or based in normal buildings ; are not some located in small " Wisma ____ " ; or small shop lots based in far away kampongs / etc
The repeated customers of Kelington / KGB / 0151
TSMC , Taiwan
SMIC, China
Micron , Singapore ( origin US )
Lam Research , Singapore ( origin US )
Western Digital , Malaysia ( origin US )
Stolthaven , Westport , Pulau Indah , Port Klang , Selangor ( origin Norway )
Global Foundries, Singapore
( origin US , is on the way to be listed in Nasdaq_ by January 2022 ) .
Each of the above mentioned customers are by itself, based in huge physical complexes;
in various parts of the world ;
engaging over 50, 000 employees collectively
per 1 named customer.
Not to mention ; almost of these are listed in
US stocks exchanges such as Nasdaq.
These naysayers have no idea what they are murmuring thru their mouths ,
Take one clear example ,
The smallest component of Dow Jones industrial Average of the 30 components stock is
Walgreen Boots Alliance/ WBA
In a normal trading ; example 10 September 2021
Comparison of market capitalization between
US market capitalization and KLSE .
At the closing 10 September 2021__
USD 1.00 = RM 4.14
A. WBA market capitalization was USD 42.77 billions = RM 177.07 billions
B. KLSE total market capitalisation in value
RM 2.75 billions
KLSE market capitalization consist of 18 sectors =
1, 496 counters consist of call warrants , normal warrants .
C. KLSE by size in market capitalization is
very , very , very small ; it was 1.55305 percent of
WBA , Inc , US
Walgreens Boots Alliance/ WBA is 64 times bigger than
KLSE by market capitalization .
==============================================
Remarks
So in short ; practically all of you ; may not understand on the market capitalisation of US .
Remembering almost all of repeated customers of
KGB ARE LISTED IN NASDAQ , US
==============================================
6. It is wise to completely ignore the sour grapes; the naysayers;
their poor quality comments will come back void.
Thanks .
09/10/2021 10:17 AM
2021-10-09 10:18
Technology: KGB
The repeated customers for KGB /0151 ; as
KGB/0151 with the huge potential to be the
hidden jewel for the dynamics growth of
sales revenues that will translate into
EPS for KGB/0151 into a shinning star in the
" Technology Sector " in KLSE.
Repeated customers for KGB /0151
1. S M I C = Semiconductor Manufacturing International Corporation,
China
2. T S M C = Taiwan Semiconductor Manufacturing Company , Taiwan
3. Micron Semiconductor Asia Operations Pte. Ltd ., Singapore
4. Lam Research Singapore Pte. Ltd., Singapore
5. Stolthaven ( Westport ) Sdn. Bhd. , Westport , Pulau Indah,
Port Klang ,Selangor
https://youtu.be/9IS-60zL9Ag
https://youtu.be/aL_kzMlqgt4
https://youtu.be/MpuyjK2lhXE
https://youtu.be/m8jTOj2pEf8
https://youtu.be/iYcJ1OBIDuI
2021-10-09 10:45
TO : MAGNET02
Personally sighted SEE_RESEARCH buy call at 1.21 am ; 9 August 2021.
Opened my portfolio in KGB WB and bought BIG in KGB WB ; at 13 ; 16 August 2021 ; prices were cheap RM 0.33 ; RM 0.335 ; RM 0.34
Today, 12 October 2021 / RM 0.886 FYI, I have not exited; even have opportunities to sell above RM 1.00 ;
Instead will wait for my desired target prices.
Many thanks for the paper gains
(huge paper gains by percentage more than 100%).
for sighting on SEE_RESEARCH __
the write up at 1.21 am; 9 August 2021 .
Cheers and congratulations to all who bought on KGB and KGB WB. The best is yet to come, hold on tight. Wish all investors a bountiful harvest. £££££
12/10/2021 9:48 PM
=============================================
TO : Abang Mad
Hold tight…for sure reward will come
12/10/2021 10:02 PM.
//////////////////////////////////////////////////////////////////////////
REMARKS
The best is yet to come like
Bonanza ; More To Come
2021-10-12 23:01
CIVIL CONSTRUCTION WORKS
Experienced in varied forms of civil construction work, we take pride in our versatility whilst maintaining an excellent quality of work. We support our clients with all forms of general contracting including planning and design, site analysis, budget planning and execution of construction. Our range of works include building core infrastructure such as underground pipelines, plant construction, water and electrical systems and others.
Project References
PROJECT REFERENCES
.
PR1MA
BASF Petronas Chemical
KL Kepong
The world largest chip manufacturer
2021-10-25 01:22
TO : DJThong SEE Research where are you now oh?
27/11/2021 2:51 PM
----------------------------------------------------------------------------------------------------------------------------------
1. When a person is in overseas , example in Singapore , it is freely available to be able to access on the fast internet connections in the seamless technological world of today.
2. You can learn to check and verify on the current situations, whether it can be economic , financial markets.
2021-11-30 12:44
SEE_Research ==========================================================================
https://klse.i3investor.com/blogs/see_research/2022-01-05-story-h15965...
SUPER BULL STOCKS,
BUY CALL - Kelington Group Bhd -
1st Target price: RM 2.00
2nd Target price : RM 2.50
-----------------------------------------------------------------------------------------------------------------------------------
BUY CALL - KGB Warrant WB
1st Target price: RM 1.10
2nd Target price : RM 1.58
===========================================================================
Author: SEE_Research |
05/01/2022 12:21 AM
2022-01-05 00:22
Listing Date 03-Aug-2021
Maturity Date 24-Jul-2026
Issue Size 214,333,821
Exercise Price MYR 1.38
2022-08-28 08:34
Topglove toppled by China glove glut and fierce price war
Kgb will be toppled by cement price hike in Sabah construction project
cement price rose by 15% early this year
now cement price rising another 15% will finish off Kgb
Suppose to complete by end 2022 and now with total 30% rise of cement price sure will see profit turn into Huge Losses
better sell and cutloss in Kgb and Kgb wb before both collapse and crash limit down like Dnex or Jaden
2022-12-14 21:41
And these are the warning red flags on KGB
1. KGB committed to complete Sarawak Construction project by End December 2022 worth Rm420 Millions
See
https://www.thestar.com.my/business/business-news/2021/09/14/kelington-bags-rm420mil-construction-job-in-sarawak
So far no sign of payment except got Rm530 Million Receivables (IOU) in balance sheet
Why KGB not get payment yet?
Is it due to incompletion by cost over runs
CEMENT PRICES UP BY 15% IN EARLY
NOW ANOTHER 15% HIKE IN CEMENT PRICES
HOW TO SURVIVE 30% CEMENT PRICE HIKE IN ONE YEAR?
See
https://www.edgeprop.my/content/1904606/construction-groups-want-govt-probe-latest-cement-price-increase?wref=edgemarkets
Another Red Flag
Since KGB got no payment IT GONE TO BORROW MORE MONEY
Refer KGB balance sheet
Short term loan jumped from Rm29 millions to Rm152 Million or Up by Rm123 Millions
Matter of time due to High Construction cost KGB will go insolvent & later bankruptcy
BETTER SELL KGB
SITTING TIME DEBT BOMB OF CONSTRUCTION OVER RUNS, IOUS & HIGHER DEBT LOAD
GET OUT NOW!
SELL ALL KGB
SELL ALL KGB WB FAR OUT OF MONEY!
2022-12-15 00:25
Want the true facts?
Read this very very very carefully
https://sgx.i3investor.com/blogs/Jbhouseforsale/2022-06-26-story-h49563256-TO_CATCH_A_SNAKE_CALLED_SEE_RESEARCH_SNAKE_MASQUERADING_AS_EAGLE_PSAi3ale.jsp
2023-02-14 23:51
To : All
From : SEE _Research
Issued at 1.30pm. , 16 March 2024 / Saturday
Re issued at 8.40 am., 17 March 2024 / Sunday
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.
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
HIGHLIGHTS
AS AT NOW ___
8.30AM. , 17 MARCH 2024 _____
FROM THE PRICE MOVEMENTS IN WHICH IT IS CREATING NEW HIGH ON
All time high as per current price of
5.00 pm., 15 March 2024
( i ) the mother share of RM 2.66
( ii ) WB of RM 1.21
A. ON THE COMING DIVIDEND
Date announced on
28 February 2024 for
Dividend __ RM 0.025 to be ex date =
21 March 2024
B. IMPENDING NEW CONTRACT AWARD
SUBSTANTIAL CONTRACT AROUND
RM 150, 000 , 000.00
LIKELY _____
TO BE ANNOUNCED AFTER
22 MARCH 2024 __
IN MOVING UP ON THE SHARE PRICES OF MOTHER SHARE AND WB
AS WELL WITH CORRESPONDING HUGE VOLUME
1 month ago
KGB Senior Vice President dispose KGB WB. Just announced yesterday.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3431298
1 month ago
K G B WB
Please note :
A. First day of uptrend of breakout begins on
23 November 2023 / Thursday
From
Day Low : RM 0.41
Day High : RM 0.45
Closed RM 0.445 / + RM 0.035
Today 19 March 2024 / Tuesday
Day low RM 1.20
Day high RM 1.27
Closed RM 1.27 / + RM 0.08
23 November 2023 / Thursday
/ RM 0.445 to 19 March 2024
RM 1.27 minus RM 0.445 =
+ RM 0.825
That represent up 185 % __
is it incredible but
Ripley believe it or not __?
From 23 November 2023 to
19 March 2024 ____just need 78 trading days
is it incredible but
Ripley believe it or not __?
1 month ago
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 .
2 weeks ago
To : All
From : SEE _Research
Issued at
11.00 pm., 27 April 2024 / Saturday
K G B / 0151
A. There is a comprehensive write up on Star Biz Week __ 27 April 2024
Page 3
Page 5
with heading ___
Technology
Kelington to reap the benefits of a diversified business strategy / page 3
Key points are
Kelington Group Berhad is poised to ride the tailwinds of an anticipated semiconductor recovery in 2024
It operates under four core business divisions
A. Ultra - high purity ( UHP )
B. Process engineering
C. General contracting
D. Industrial gases
The group has a strong presence in Malaysia / H Q
China , Singapore.
Its geographical footprint stretches further to include
Australia
Philippines
Indonesia
Fiji
New Zealand
With new offices in Hong Kong and Germany
Hong Kong will lean towards new plants involved in semiconductor research and development/ R & D
Germany represents a strategic entry point to penetrate the
European Union market.
Kelington Engineering ( Germany ) GmbH __ incorporated and established
Kelington Engineering ( HK ) Ltd
incorporated and established
Good signal as
Raymond Gan Hung Keng
( M D ) reveal that
Kelington Engineering ( Germany ) GmbH is tendering for a job related to automotive power chips in Germany
Kelington Engineering ( Germany ) GmbH is tendering for a job related to automotive power chips in Germany
Kelington Engineering ( Germany ) GmbH is tendering for a job related to automotive power chips in Germany
Once it manages to receive such award / s __
will signal the bullish run up on its share prices
Page 5
Kelington maintains earnings visibility with order book of RM 1.3 billion as at December 2023 .
The last two to three years ; its order book has been averaging at around
RM 1.2 billion and the group intends to maintain those levels going forward.
Kelington has recently commenced operations at its new LCO 2 plant in Kerteh , Terengganu __
capacity
70 , 000 tonnes per 1 year.
Total production capacity of LCO2 to
120, 000 tonnes per 1 year .
The business of LCO2 has been very good as the first LCO2 Plant has reached 100 % - capacity utilisation rate .
The shortage of LCO2 in Asia and Oceania countries to persist __
over the next two to three years ,
Will be to ramp up the full capacity of our second plant __ once 90 % of total utilisation, we shall consider to construct of a third plant as we had acquired a vacant land from the Terengganu state government that is adjacent to our first LCO2 PLANT.
The land size is big to provide for additional LCO 2 __ two additional plants as and when the need arises.
Kelington Group Berhad __ net profit rise 84 % to
RM 102 . 65 millions for the financial year ended December 31 , 2023 __ as compared to its previous year of
RM 55.75 millions .
EPS increases to 15.94 cents
from 8.67 cents __
with growth of revenues.
Dividend pay out for 2023 _
of four / 4 cents
Dividend pay out for 2022 __ of two .five / 2.5 cents
2 days ago
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
SEE_Research
https://klse.i3investor.com/blogs/see_research/2021-08-11-story-h1569681890-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_13_updated_5_SURELY_.jsp
2021-08-11 00:07