Annual Report out:

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3189156

Quote: ".........The Group is in a net cash position with total cash of RM81.71
million exceeding total borrowings of RM62.87 million. Our balance sheet has the capability and flexibility to fund future investments, should opportunities arise."

Just now login to check it out .......https://commonmask.co/
The website worked well...if order now gets 15% discount for order >RM 30

Can't see why Kanger Medical, as a medical company, not going into mask now.
I say: WELL DONE! SYABAS! 加油！頑張ってください！

I think quite a number of you might think similarly? Not many ppl are willing to sell their warrants at 1.5sen, although some can already make 20% profit because 4.5+1.5=6sen - 5sen =1sen out of 5sen!

In the cbs video, can see and feel the professionalism in the US hospitals, yet it's sad that the high number of deaths is returning....you can't go without masks!

https://www.cbsnews.com/video/more-than-1000-americans-are-dying-from-covid-per-day/

Covid not leaving humanity anytime soon.....need to wear mask even after vaccination! So, I think Kanger Medical made the right decision.

Sabar, it will go back up

@dem777, still waiting for your answer, but meanwhile can you tell me if the money collected go elsewhere, then how will the genting apts be paid? I might be wrong, but it seems to me you have very little idea what's going on.....

Genting is up, a reflection of the draw of the resort. Where tourists going to stay in Genting? Camping?

In my humble opinion, the RI will be over subscribed

@Whistlebower99, instead of your usual hallmark of just issuing a general statement of caution, you're giving info specific to Kanger.... Really appreciate your effort, thank you!

@tklim, still waiting for your response.
@rr1688, I'm confident of the success of Kanger's RI. Yup, looking forward to staying in Kanger's apartment at Genting for my future holidays!

That's why need to look at each company on its own

dem777, asking about Kanger as this is Kanger's forum!

dem777, not saying you are wrong....but if you're right about Kanger, then can you please kindly tell me how expensive is Director Quah's pant?

https://www.straitstimes.com/singapore/health/first-batch-of-sinopharm-covid-19-vaccines-available-from-aug-30

@tklim

Took a quick look at your postings, you listed many target prices and gave many predictions on prices.

On 2 June 2021 you wrote for Kanger: 0.03 SEN coming.....Floor price 0.005

On 14 Sept 2020, you said you have checked out...

So, I hope you are not one of those who want to join back but unwilling to pay the market price, even you sold at 0.24.....

@MZM Oh, come to think of it "waiting for NPRA's approval" is not necessarily negative.....it can be considered positive because this means it has submitted application ..... and so there is chance of getting approval

@AlfI3 i think we crossed path before and you clarified sth for me.....great to be able to learn from each other in i3

@MZM ......Bermaksud, Kanger sepatutnya sudah buat permohonan kepada NPRA.
Adakah itu maksudnya?????

Kanger mestilah sudah memohon, baru bolih kata tunggu durian jatuh mah :)

@MadCow75 I will also subscribe the rights! I want to subscribe not just because it is good discount, BUT more importantly my money will go to fund the Genting project.

I think i see one important point and see if Bros here agree or not.
The point is if we subscribe to RI, we get a better deal than the Director Quah if we consider also Sung Master deal for him.
How? For the RI now, for 6 sens, you get one share and one warrant.
But, in the Sung Master deal Quah will subscribe 770mil shares at 6 sen a share, no warrant. So, we get one warrant extra compare to him, so in this sense we are getting a better deal than Quah.
(Of course, for the RI alone, without the Sung Master deal, Quah gets the same deal as us: one share and one warrant at 6 sen)

Isn't it interesting that retailers getting better deal than a major shareholder, even for just one time?

@AlfI3, I agree with MZM and hope it clarifies. MZM, thanks for providing big help to the genuine investors here, as Kanger is executing several major plans concurrently and can come across as confusing to busy/new investors.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3188047

Negative: .....Kanger still pending approval from National Pharmaceutical Regulatory Agency (NPRA) for the import of vaccine.

Positive: .....the sole and exclusive distributor of Sinopharm Covid-19 vaccines in the State of Sabah.

AGM on 30 Sept, the day of listing of the right shares....to me this means the company is confident of events on that day!

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3187974

MZM, thanks for your prompt clarification. Now the flow of events is clear.

MZM and Bro, like to clarify sth. For this RI, Mr Quah will undertake to subscribe based on his holding of 25mil shares But he has ~770mil shares due to the sung master acquisition. So together he has more to than 800mil shares?

Let's see who turns out to be the right one!

In short the funding was for AEM to go into EPCC of glove factories which will have more demand for such services! I can imagine it going up!

I will hold tight more than half of my shares, and give warrants a chance to go to 2sen!

Hi Gtrade, do you know what the money raise by RI was for? I see major interest in the warrants. If you had subscribed to the RI@5sen, you are already on the gaining side!

Net assets per share is 2.14, but share price is only.555, would appreciate some comments on this

Still holding dolphin as I like Uncle Don, and for Kanger I can imagine staying in their Genting apt in a couple of years, enjoying well deserved cool holidays after the hardship we all facing now.....

May I also add dolphin RI 6sen, TFP 3sen, now both are trading higher, esp. TFP

Agree with MZM. Must tell the successful ones also. Better still, tell which of Kanger business plans are really no good and why for your comments to be useful to ppl.

Maybe whistlebower99 will also participate in Kanger RI?

Oh, I did mention about the bcm mall's million RM spending in a response to MZM in this forum not too long ago.

Whistlebower99, I didn't take part in bcm mall RI.If you check my comments, I pointed out that its plan of spending millions to develop its online platform seemed overly expensive. As far as I can see, there's no such waste, and the RI is for the Genting service apt project for which it has gotten 19% discount. So, I participate in Kanger RI.

Seri Kaya, just want to add that if you give up your chance of subscribing to the rights, then you give up a chance to average down since your cost was 8sen. If I were you, I will take this opportunity to average down if I have the fund as I think Kanger will turn around..... just my 2sens,haha

Bemillion, think of OR as a ticket for you to participate in the right issue

Bilismasin, thanks for the update about the article.....I agree with the author, so top up 1000lots....happy investing

AR out.....2021 made profit, NAV=33sen
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3185063

Today starts to move, reaching 30sen soon?

Notice that AT is moving up!

If you don't use your OR, better sell it, otherwise it just become waste paper later

Seri and hlh, or is not warrant. One OR is one ticket to subscribe one ordinary Kanger share at 6sen and get one free warrant. ORcredit automatically to account on 1sept. buy/sell OR just like how you buy/sell other shares. Last day to buy/sell is 7sept.

Everyone is different due to different time of entering, so don't just simply curse!

Detouch, do your math, you may change your mind. Two months ago, some one cursed scope RI, I showed him the math, he happy. Now he must be laughing. You looked back my comments there. But make your own decision....me no responsibility!

Serikaya, bukan macam tu, u dapat 100 free OR pads 1 sept. You kena payah RM 6 to convert the 100 or to 100 shares.

Jack, if you tunggu and buy Kanger tm, then you need to pay to get OR. You decide.

Just a gentle reminder, tomorrow is ex-date, so today is last day to buy for free OR, 1 free OR for 1 share!

hlh, if you have Kanger before ex-date (if you don't, today is last day to buy), you will receive OR on the basis of 1 OR to 1share on 1 sept, and you can trade this OR from 1 to 7 sept just like any other shares.

MZM, I agree with your views. Even SIA also needed RI. Even we as retailers also need to raise or move around fund to invest.