He He He tklim. Lu pegi jaga itu Bpuri... Ooo.

wah sudah pecah 15 sen...

..... But if handsome & rich sharks willing to pump,,,,
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Agree.. But the insiders also may have a motive to pump the price.
Insiders, as a first hand in the company always should earlier know the prospects of his/her company.

As I mentioned earlier, I didn't notice any news after the price started to rise until now, concerning the probable news which could trigger the price upward.....

@anisbin. I am only a bilis investor. Already average down but not soo much, but fortunately I did... Right now, already near to break-even.

I think should broke 15 sen first. Hope tomorrow is the day... TAYOR

I'm not a chartist.....

But, this uptrend scenario is a little bit different from what happened when Kanger counter was in downtrend mode two years earlier. Be cautious and keep monitoring if there is any sign of pump and dump activities.

The uptrend, up to today's market showed it was planned to be a gradual basis, not a sharp increase in the share price.

Just based on my observation:

1. Kanger has done a lot of restructuring including selling companies in the People's Republic of China which involved in bamboo manufacturing and trading.
Several quarters the company recorded a lot of losses . Its should be among the factors that caused the share price to be in a downtrend until it fell to the floor level of 3-4 sen .
The subsidiary disposal process in China has been completed , and I expect that in the next quarter there will be no more loss pressure from subsidiary disposal losses and impairment costs incurred as before .

2. The consolidation made by the company gave strength to the company's account / financial position . Especially to overcome the problem of losses during the structuring / disposal of subsidiaries. Even now , after restructuring , NTA can still be at a level of 40 sen plus.

It can be a buffer even if the company has to suffer operating losses in the next few quarters .

3. Prospects from the purchase of Antara @ Genting condo assets that may generate profits in the future.

4. The profit prospects from trading construction material through Sung Master's, the company subsidiary.

5. The cost of holding Kanger's share by insiders is high , for example those who subcribed RI at a price of 6 sen actually bear the actual cost of 60 sen per share ( after consolidation ).

With that scenario , if they want to exit even from Kanger counter , the logic is that the stock price needs to be increased first to reduce the loss of their probable stock disposal.

Therefore my TARGET ,,,, the share price can reach a price of more than 60 sen ( The time frame factor is difficult to be noted).

6. Rumors that suggest there may be a party that might take over Kanger , to me are logical and possible. The take over also can be done by certain new investors subscribing private placement shares.

Be Careful... and Trade At Your Own Risks!

@Peace99. It's probable.
If a company has good assets or good investment, fundamentally the company is good.

[ (13 sen - 3 sen) / 3 sen ] x 100% = 333 %

OKU_2020 holds many shares in Kanger...... Kanger must stop its share price uptrend!!!!!!

By hook or by crook. He He He

Just to remind us about OKU_2020....
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Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

1 week ago | Report Abuse

got to THROWWWWW cold water
most likely MOM Kanger to REWIND to 3 sen , WB to COFFIN half sen
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Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

1 week ago | Report Abuse

Game to be OVER very SOON .....
Be prepared ......
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Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

1 week ago | Report Abuse

market in dangerous mode....
be prepared
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Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

1 week ago | Report Abuse

KABOOOOOOMM ?......
GAME OVER ? pergghhh
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Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

1 week ago | Report Abuse

GAME to be OVER very soon
beware..!!
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Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

1 week ago | Report Abuse

Losing Steam & Kaput-ing
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Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

6 days ago | Report Abuse

TSUNAMI today...?
be prepared.....
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Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

6 days ago | Report Abuse

losing steam & Kaput-ing
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Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

5 days ago | Report Abuse

smell A RAT on this con Kanger
Be alert as the GAME is losing steam & Kaput-ing
Looks GLOOOMY - NO WAY out
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Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

5 days ago | Report Abuse

Bobby/ Mouse traps were set for innocent newbies especially
Beware..!!
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Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

5 days ago | Report Abuse

Losing steam & Kaput-ing
Beware...Tsunami...!!
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Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

2 days ago | Report Abuse

looks dangerouss / critical
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Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

2 days ago | Report Abuse

KABOOOOOOOOOOOMM ?
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Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

6 minutes ago | Report Abuse

Mouse / Bobby TRAP seen

The uptrend, up to yesterday market showed it was planned to be a gradual basis, not a sharp increase in the share price.

This uptrend scenario is a little bit different from what happened when Kanger counter was in downtrend mode two years earlier. Be cautious and keep monitoring if there is any sign of pump and dump activities.

@Purebull. Thanks

Prospects for the financial year ending 30 September 2023 (“FYE 2023”) (cont’d)
The Group has identified the following main strategies to continue to grow its businesses: -
(a) Since the group diversification, the construction business has overtaken the bamboo manufacturing and trading segment as the main revenue contributor to the Group and this growth strategy shall continue to be the key revenue drivers.

“Cough” Those subscribed RI in 2021 with adjusted price RM0.60 still suffer 79% loss. Company still loss making up to Q5. These are the facts.
---------

It's not that severe for the RI subscribers who have a gut to add some shares or warrants @3-45 sen and 1-1.5 sen respectively. I did it... Fortunately.

KUALA LUMPUR (Oct 24): Two former top officials of GIIB Holdings Bhd, namely former executive director Wong Ping Kiong and former CEO Tai Boon Wee, were on Tuesday discharged and acquitted by the High Court of charges related to the furnishing of fake documents to the company’s auditor Grant Thornton Malaysia PLT over the sale of RM2.95 million worth of machinery that allegedly did not exist.

Relax. Keep monitoring if there is any sign of pump and dump activities.
For me, this uptrend scenario is a little bit different from what happened when Kanger counter was in downtrend mode two years earlier.

After breaking 11.5 sen resistance, it should test 15 sen.
What is the market and/or operators expectation can be seen in a couple of days.

I'm still in cautious mode!!!! Trade at your own risks. He He He

3 days ago

Anyways, Kanger now I think in a better condition... Both fundamentally and TA. Just my observation. I'm no chartist... TAYOR

Atau 4. Kemasukan pemegang share baru melalui private placement.... TAYOR

Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

1 week ago | Report Abuse

MZM2511

Antara kemungkinan:
1. Akan ada berita baik berkaitan apa-apa aktiviti yang boleh meningkatkan syarikat.
2. Ada pihak yang cuba naikkan harga untuk jual syer yang dahulunya di beli lebih tinggi
3. Mungkin juga syarikat cuba untuk naikkan harga jika ada plan untuk cadang RI baharu atau ESOS. Mungkin untuk atasi kekurangan tunai dalam syarikat atau membiayai projek syarikat.
4. ....
5. .....

3 weeks ago

...............................

Item no. 2, Si Tung Nai dah dispose syer. Apa lagi kemungkinan yang akan berlaku ya?

@Peace99. Got no idea. As I wrote before no news after the share started to up until today.

I am no chartist....

Only wondering what should be the reason/s for the price of Kanger shares uptrending from the floor price 3 sen to 12.5 sen.... The uptrend, up to yesterday market showed it was planned to be a gradual basis, not a sharp increase in the share price.

3 days ago

The real typoon or earthquate is already blustering KNM....
Sincerely I want to ask kylie, what's happening actually????

No news at all yet???????????

KNM price has been down 41% in 2 weeks' time.... Unusual... Bursa please monitor this company also... He He He

I am no chartist....

Only wondering what should be the reason/s for the price of Kanger shares uptrending from the floor price 3 sen to 12.5 sen.... The uptrend, up to yesterday market showed it was planned to be a gradual basis, not a sharp increase in the share price.

@kyliew. You better be a guard @KNM. This counter is not so good because its not a PN17 listed counter. Why so eager to spit your venom here????

puting beliung there. kyliew cuba berlindung @kanger. He He He

storm @KNM

Michael Kwok

Kanger 11 cents
Resistance 11.5 cents then talk of passing 15 cents
12/10/23 1.20pm
**by the way got over 155 followers.

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The resistance @11.5 has been broken today at the end of afternoon session....
Wondering where the direction of Kanger share price will go, especially tomorrow....

I'm still in cautious mode!!!! Trade at your own risks. He He He

@kyliew...

Beberapa perkara yang boleh diperhatikan oleh kyliew tentang Kanger:

1. Kanger sudah banyak melakukan penstrukturan termasuk menjual syarikat di Republik Rakyat China yang terlibat dengan bamboo. Beberapa quarter ia mencatat kerugian yang banyak. Antara faktor yang menyebabkan harga saham berada dalam downtrend sehingga jatuh pada tahap lantai 3-4 sen. Proses disposal subsidari di di China telah selesai, dan saya menjangkakan dalam quarter terdekat tiada lagi tekanan kerugian dari kerugian penjualan subsidiari dan kos-kos impairment yang ditanggung sebelum ini.
2. Consolidation yang dibuat mengukuhkan kedudukan akaun/kewangan syarikat. Terutama bagi mengatasi masalah kerugian semasa penstrukturan / penjualan subsidari yang dibuat. Sekarang pun, selepas penstrukturan, NTA masih boleh berada pada tahap 40 sen lebih. Boleh menampan sekalipun syarikat terpaksa mengalami kerugian operasi dalam beberapa quarter yang akan datang.
3. Prospek dari pembelian aset kondo Antara@Genting yang mungkin boleh menimbulkan keuntungan di masa depan.
4. Prospek keuntungan dari trading construction material melalui subsidari Sung Master.
5. Kos pegangan insider Kanger adalah tinggi, contohnya mereka yang subcribe RI pada harga 6 sen sebenarnya menanggung kos sebenar 60 sen satu syer (selepas consolidation). Dengan itu, kalau mahu keluar sekalipun dari Kanger, logiknya harga saham perlu dinaikkan terlebih dahulu bagi mengurangkan kerugian disposal saham mereka. Oleh itu saya TARGET,,,, harga saham boleh mencecah harga lebih dari 60 sen (Faktor time frame adalah sukar ditentukan)...
6. Rumours yang menyatakan kemungkinan ada pihak yang mungkin ambil alih Kanger, bagi saya logik dan ada berkemungkinan.

Berhati-hati... dan Trade At Your Own Risks!

As I noted, kyliew is not a familiar people here. I am here as soon as in early 2021.
So many problems arised, but I kept my shares and monitoring the companys progress.
I think the company is in better position now.....

I am suspecting you have an intention of fishing here because you already missed this boat???

Why bring Netx, KNM or Mtronic here???? Are the insider or management the same group of people????

KNM for example still with full of drama. With PN17 status, big amount of debt, more than 4 billion shares and management tussle on the play..... Very risky...

By the way, Kanger is not a PN17 counter, has only 600 milion plus shares, debt status still manageable dan can be a target of potential new investors. It has a lower risk.

I am just wondering what should be the reason/s for the price of Kanger shares uptrending from the floor price 3 sen to 12.5 sen.....

Let them individually interpret the rythm of the music... Trade at our own risks. He He He

Anyways,,, the new definition of good stocks will be:

It mus be a PN17 listed company and the company with a huge debt...

@kyliew.
Stock: [KNM]: KNM GROUP BHD

1 day ago | Report Abuse

This ship will Sink back between 5 and 10cents....i will come back in few weeks
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Please don't leave your KNM counter!!!!

Now, are you fishing here because you alreading missing this boat???

Say it clearly, then we can understand you. He He He

@SALAM. Kalau macam tu, mana ada seronok.. He He He

Please tell us what should be the reason/s for the price of Kanger shares uptrending from the floor price 3 sen to 12.5 sen....
Rather than just talk negatively, we are happy to discuss any idea from our friend. He He He

Why bring Netx, KNM or Mtronic here???? Are the insider or management the same group of people????

Anyways, lately Kanger continued to be in uptrend.... Hope it will continue in uptrend mode.

Did OKU_2020 ever hold any Kanger shares???
Anyways, lately Kanger continued to be in uptrend.... Hope it will continue in uptrend mode.

@Patience99. You're welcome. Hope Kanger at least will be like Yongtai.... He He He.

Also we can evaluate Kanger current ratio.
The current ratio, also known as the working capital ratio, measures the capability of a business to meet its short-term obligations that are due within a year.
Kanger current ratio = Current Assets / Current Liabilities = RM141,171,000 / RM48,619,000 = 2.9 (means 2.9 X).

The business currently has a current ratio of 2.9, meaning it can easily settle each Ringgit Malaysia on loan or accounts payable nearly thrice. A rate of more than 1 suggests financial well-being for the company.

@Patience. Based on QR5 2023:
Net Debt Ratio.
Net Debt = Gross Debt – Cash and Cash Equivalents
= (Current liabilities + Non-current liabilities) - Cash and cash equivalents
= (RM48,619,000 + RM2,364,000) - RM621,000
= RM50,983,000 - RM621,000
= RM50,362,000. (Be noted that the investments value including the Genting condo is not accounted as the company’s cash equivalent because its classified under Investment properties (non-current assets).
The net debt value is positive. A positive net debt implies that Kanger possesses lack of cash and cash equivalents than its financial obligations, and hence is more financially unstable. The problem concerning its lack of cash and cash of equivalent also will dampen company’s ability in its operational expanses. Therefore, I rather suggest that one of the possibility for the company to seek for more funding such as by exercising RI or private placement.
Private placement may give a result which there will be a new shareholders invited in the company. The company also could do some divestments of its investment, such as the Genting condo if necessary.
However, the net debt metric should not be used alone to determine a company’s financial health. It should be used in conjunction with other liquidity and leverage ratios such as the current ratio, quick ratio, debt ratio, debt-equity ratio, etc.

Kangers’s Current Ratio
For example we can calculate Kanger's current ratio. The current ratio is a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year. It tells investors and analysts how a company can maximize the current assets on its balance sheet to satisfy its current debt and other payables. Kangers' current ratio is current assets - current liabilities = RM141,171,000 / RM48,619,000 = 2.90.
The value is more than 1.0, therefore we can simply say that it's OKAY. (Be noted that while a current ratio is greater than 1.00 indicates that the company has the financial resources to remain solvent in the short term).

Kanger’s Debt Ratio
We can determine Kanger's debt ratio. Kangers's debt ratio = Total debt / Total assets = RM50,983,000 RMRM343,925,000 = 0.14 (means 14%).

The debt ratio is a measure of financial leverage. A company that has a debt ratio of more than 50% is known as a "leveraged" company. As Kanger’s debt ratio is only at 14%, we can simply say that it’s good. Its debt ratio is lower than its equity ratio. It means that the business uses less of debt to fuel its funding.

Anyways, there are more ways to evaluate the company’s financial performances..... TAYOR

@Kyliew. You are comparing Kanger with a different company with a different sector/industry of businesses , different size of share numbers and different "political drama" concerning its shareholding among its shareholders. Anyways, KNM is a PN17 company but Kanger is not... He He He

Michael Kwok

Kanger 11 cents
Resistance 11.5 cents then talk of passing 15 cents
12/10/23 1.20pm
**by the way got over 155 followers.

2 days ago

yalah OKU_2020!!! Untuk saya Nexgram dan Bornoil.
Cuma, harap-harap bukan semua kaunter sama keadaannya.

Hahahaha satu bulan lebih sikit sudah naik 300per cent,walloa eh Wakaka
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Sudah lama sangat dia downtrend.
Mungkin sudah capai dan berada pada harga lantai 3-4 sen cukup lama.
Uptrend lah pulak.. He He He