Heard PM announced about import licences for China vaccines approved by NPRA. Can anyone confirm?

Big news coming over the weekend?

buy as much as you want, but the vaccine aint coming.

Breakdown is more likely.

Looks like it is dropping till 11 sen

Drops as she comes.

Not only beds - gloves as well. Look at the gloves counters fly.

When prices drop, look at volume. If volume is small, that's your buying opportunity. So wait for it to go lower even. Then pick up at what u feel is lowest, based on technical predictions.

Another of strict lockdowns means more off-line usage, and cloud computing will be emphasised on more than ever. If you think enterprise harddisk demand will taper down, think again. Look at the US and UK, dont even count Europe just yet.

Here, go figure:

https://www.straitstimes.com/asia/se-asia/malaysias-new-covid-19-cases-hit-high-of-2593-hospital-beds-fill-up

Look at the volume of people getting tested daily at private hospitals. Park City Medical Centre had to close its admission for testing yesterday because of high volume of people who want to get swabbed. Usually private medical centres do not turn away business. This will help you gauge potential of hospital stocks.

Correct, but it could also mean it does not intend to distribute reasons being too crowded with higher profile companies.

Maybe Kanger is even not distributing the vaccine, which is why they have not come up with any statement despite so many positive news on this China vaccine. If kanger is distributing, why isnt it make any press statement on the progress of its venture?

If this can break 0.78 over next few days, you can hope for the retracement back to 0.83 and chart new high above 90sen for the year, setting a benchmark for next year's growth.

No need to worry if you bought in at 30sen previously. It's only a matter of when to sell, if to sell.

Dont tell me they are announcing something material about the vaccine? Or maybe bamboo contracts with China?

What gloves is AT making when until now nothing to show?

*Both contracts are very much dependent on AT, as we do not know whether LKL has any other distributorship agreement with other glove suppliers. LKL does not manufacture gloves. The whole thing look much more convincing should they ink an agreement with the big brothers (TopG, Supermx, Hartalega, Kossan).*

If hospital beds are in shortage, and gloves contracts have been inked, shouldnt the price reflect higher value?

I think this quarrel about vaccine or bamboo should stop. It litters this forums with unnecessary reading material. If only you people is as hardworking to seek fundamental reports or technical studies of this counter, and share it, then it will be somewhat more productive and useful.

@
Shootup If brazil approves coronavac on wed, sure kanger will fly again

Kanger to distribute Verocell. Nothing to do with Coronavac

Too many retailers. Only when retailers are reduced, you can hope this con-ter will rise again

Just hope for 7sen. 20sen is far fetched.

Bintai still has nothing to show except papers of MoUs. So sentiments now will reflect its fundamentals

Maybe Cubetech getting some kind of deal

The coming days will see who is telling the truth - Kanger should come clean with current ventures, not just vaccine but others as well. Right now, investor relations is zero

maybe insider news already that is why price and volume go up

It will not touch 0.20 again for at least another year. wasting time getting your blood pressure up will get you nowhere.

Today close 0.07 - if not, 0.06, and still not, 0.045

@slpless Of cos there will be no middle man because you will buy directly from the licensed distributors in the region.The ChinaPress news is fake news. If it is half true, the western medias would have make it sound like end of the world!

You have facts that say otherwise?

@ Miguel_Felix


See? Even Sinopharm is smart enough to do damage control. They made sure the resumption of trials is relayed to the public. Although Kanger purportedly will distribute this Verocell from Sinopharm, it is not saying anything since the last announcement by the KKM. If only their investor relations is doing its job, I am very sure market confidence will rise in tandem.
17/12/2020 10:34 AM

This is your answer why Kanger is being trashed.

https://www.youtube.com/watch?fbclid=IwAR21IMz52M1cy_pcmDHzG-LoVVSLM1C45y1tQVrpHve_5k29r_F97-e-9ZM&v=8O_SMPjhbi8&feature=youtu.be

@
CAF-POW If the Yellow page collaboration with TM is sucessful, I think this will be extra revenue stream for this counter.

I think it is already signed - they share 50:50 profits. APpasia is using its expertise to create e-marketing platform form TM in yellow pages which has a huge database of untapped potential Coupled with Appasia's cloud-centric applications, I think you can roughly guess where it will be appropriately priced.

bamboo or vaccine, it is back to 16-16.5 play - that sums up what the sentiments on the ground are. Buy today, sell today.

@NPRA1985

you have any stories about Malaysian distribution channels? Zuellig has been appointed - maybe see who else and how many outlets or which hospitals they target. Then you can narrow down the odds

@NPRA1985 https://www.globaltimes.cn/content/1210051.shtml

I think it's coming soon.

Selling off and moving on. For those still hopeful, continue to hope. In a year it should cross all barriers with a few limit-ups even. Heck, there may even be a bonus or two coming, who knows. Bamboos will flower if you wait long enough.

Nothing strange - if only people buy after looking at all the quarter results from early this year. But lots of buyers are hoping for limit-ups. So we see a huge price fluctuations - punters who throw so that they have enough liquidity to move to other counters they think will have a limit-up. If one understands the harddisk business, then there is no worry. RM1.35 is a bit far a target, but easily it should be revalued at 0.85-0.95

Yes, LKL's worth is about 90+ if you consider the gloves business bonus. But people are so panicky these days they didnt realise that current price is before it announced getting gloves contract. The loss in quarter profit is also the regular trend if you look at LKL's past results. So, at 80+ sen, those who know, knows that it is bargain price in your favour

@nighthunter
Poor quarter results. They sold yesterday, you sell today, they pick up again cheap. Very smart move

Look, we know that the sinopharm vaccine is both effective and halal. UAE gave its endorsement. Indonesia probably too since it takes its cue from the halal big brother in UAE. Now, we need to know how exclusive is Kanger's distributorship. is it the sole distributor or one of the few selected ones by Sinopharm. Next, we need to find out - if there are a few distributors in Malaysia - if Kanger has a substantial clientele, ie private hospitals and if Government hospitals are using the Verocell it is distributing. Once you have this, you can roughly estimate Kanger's profitability for the next 24 months,

@NPRA1985 10% - Covax

Malaysia strives to acquire herd immunity when 70% of the population is innoculated, I believe. If you take the population as 35mil, It will need to vaccinate about 25mil people. That is the number of doses (x2) that the country will need, assuming it goes for the Pfizer model. I doubt Pfizer can supply all that. So, it will be also through Covax. Now, if you can roughly estimate how much Pfizer and Covax can supply, then the figure left will be that from China's Sinopharm. Now, this is by no mean conclusive estimate of how much of the vaccine will be distributed by Kanger. As I said earlier, its investor relations team sucks big time.

If my guess is right, this is as low as it gets. If it breaches the 200MA, then it will close at 0.14 - which is bad for the party to which it placed its shares privately.

MoU is not binding.

@2323 if kanger good news announce early ,company need push down price for pp...so there won't announced anny good news b4 pp...pp today complete, kanger good news coming soon

Not logical. If you have a share price driven by good news, say twice the PP, then the PP recipient will be more than happy to accept because of the instant profitability. Isnt it?


What I suspect is happening is the company directors are mopping up at 0.17 so that market price will not be lower than PP. If it is, then why should companies invest in the PP, might as well pick cheap from the market

Fair price is 0.16 I think. That's why you see no one wants to buy 0.17 even. Real investors wont let this go by if there is a gain to be made - even if there is a certain length of waiting time. Unless you see a spurt in price, there is not much purpose singing praises

Results coming in roughly 9 days. Keeping fingers crossed. From past records, it may be even better.

@NPRA, yes, have seen this earlier but good job sharing it with others. That was why I said the Kanger investor-relations fellas are not doing a good job. If investors need to hunt and seek for infos as basic as those in their fingertips, it means they dont respect funds keeping their salaries alive.

I think lots of speculators who missed the vaccine boat bought in heaps of Kanger in the hope that making that kill, not knowing head or tail but depended on the rumours filled by other speculators who moved in much earlier. In a dog eat dog world, those caught at the most unfortunate end live on that last shred of hope - and when others point out what is at stake, verbal fights take place. The trick to investment is to do research properly. Then you dont have to worry about bad news purportedly created by others because you already know what you are in. It's like buying your first house - or car - you check and check until you are happy. If you dont, you have only yourself to curse if you bought a lemon instead of a tangerine

Yes, NPRA. we have to wait for a lot of things - one closest at hand is for Kangar to have some investor-responsibility. In matters of this nature, at least their investor-relations department should be informing investors and potential ones what is on the line and what is coming in next hour. Sitting down and watching the fun, reading good and bad news on all forums is irresponsible. Definitely not for good corporate governance. And this reflects lots on a company in general

They are involved. Even the endorsement was given in National TV by the MoH. But big investors know something speculators may not, so, the truth is still out there. Unimaginably, there is no communication updates from the company on its role on this, nor how far the purported vaccine it is to distribute is effective and much sought after