world richest salesman company share price now is usd3283...he sells a to z...if u invested in early stage...u would have GAIN 189,683 % ...KANGER is in early stage now...to the MOON...
@whistlebower. Post same negative comments on many penny stocks counters. Always mentioned consolidation. Better take a rest and any new updates can comment here . We will appreciate you more instead of cut and patch. Tks
Ms Chai and family got stake in Permaju. Take a look at the price chart and the corporate exercises taken to raise lots of fund. Don't regret for not taking heed.
@whistlebower Tks for your highlighting miss chai . It’s eye opening for us. But now co. Not run by miss chai and families at this moment. Can give your comments. Tks
Agreed with you MZM2511, new partners coming in is to made monies and not to throw away their wealth Mr Kuan is a very capable young guy to stir the company back to profit
Now Chai family members more involved in Kanger As at 31/7/21 Annual report, Dato Chai Woon Chet has 29 million shares. Now Chai Woon Yun is substantial shareholders with 416,700,000 shares Aset Kayamas owned by Dato Chai KK, sold 126 units of serviced apartments Antara@ genting to Kanger
whistlebower99 Do you believe in existence of shadow director who are more powerful than the appointed directors ------------- Yes. I do believe. There will be someone or a group from outside the company, who don't have any shares in the company, but keep giving the directors an F grading of their performance in managing the company.
@wistlebower99. I never involved with the said counters. The Fintec counter that I had involved before are Kgroup, Trive, MTouche and BCMall-WA (newly bought in).
Opted out already for the three of it. Two counters I CL and a counter opted out with a small profit, but BCMall-WA still holding.
For me, even from the same group of Fintec, maybe certain counter also has a prospect and can be differentiated. I think, not all of the Fintec group of companies are thrash companies.
Today the buy rate is high, is this not a sign of approval of Kanger's management, including the decision to sell the two properties for a profit of ~35%? And may be hitting 6sen by Friday?
==================================== Extracted from above article
To those who do not know, Ms Chai Woon Yun is the daughter of Tan Sri Datuk Chai Kin Kong – who in turn is the founder of Aset Kayamas. As mentioned in our previous article, KANGER had involved in properties of Aset Kayamas and value chain of construction material supply.
And Ms Chai Woon Yun had acquired 416.7million shares in KANGER via the subscription in rights issue. What does this mean?
Either she was truly interested in KANGER, or she was a proxy for Aset Kayamas to slowly accumulate shares of KANGER for a potential RTO.
Who knows?
Whatever it is, definitely this is a positive note for KANGER. For those strong holders out there, just keep holding and we shall see some “explosive” benefits coming forward.
=================================== Finally the emergence of Chai family member in Kanger.
Don't forget Dato Chai Woon Chet also held 29 million shares before rights issue
Companies that Chai family members have interest in, could be anzo, permaju, overseas, m3tech, aim, xox, cheetah, ......
====================================
Time will tell whether we see more profits or more fund raising exercises
The emergence of three substantial shareholders of Kanger:
1. Sii Tung Nai (The party from Sung Master) 559,339,038 unit of shares (9.355 % shareholding)
2. Kuah Choon Ching - BOD of Kanger 819,513,179 unit of shares (13.707 % shareholding)
3. Miss Chai Woon Yun - The Daughter of Tan Sri Chai Kin Kong 416,700,000 unit of shares (9.26 % shareholding)
I JUST WANT TO TAKE SOME POSITIVE NOTES ON THIS BIG PERCENTAGE OF SHAREHOLDING BY SUBSTANTIAL SHARE HOLDERS IN KANGER.
1. All those three substantial shareholders already took up 1,795,552,215 units of shares or 32.32 % of shareholding in Kanger.
2. Even the NOSH has been lifted up to 4,496,141,761, the share spread among retail investors was not getting widen.
3. The big shareholding among a few substantial investors give me more confidence on the company management and prospect.
4. Consider Sii Tung Nai (from Sung Master) as a substantial holder in Kanger. His reputation on managing Sung Master, an unlisted company with good results (as reported). Hope Kanger can get some good direction in managing the company for a better businesses.
whistlebower99 Do you believe in existence of shadow director who are more powerful than the appointed directors ------------- Yes. I do believe. There will be someone or a group from outside the company, who don't have any shares in the company, but keep giving the directors an F grading of their performance in managing the company.
Share spread among the retail investor, if the share spread is wider means more shares owned by so many retail investors = not good, but if the share spread is smaller means less shares owned by fewer retail investors = better.
The company with a big percentage of shareholding by directors and insiders makes the share spread among the retail investors getting smaller. Its easier for the company share to goreng.
Also, theoritically, the company with a big percentage of shareholding by directors and insiders also makes the company less risks on doing consolidation.
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....
whistlebower99
5,255 posts
Posted by whistlebower99 > 2021-10-04 18:10 | Report Abuse
Be aware of possibility of more corporate exercises to raise more fund via share issuance which they are good in.