@MZM2511 well said, I am not sure who is investor and long term holder. If not long term maybe could not blame, but like some of us, trader.
@Gtrade The 2cent for us is important. We profit by trading, There are so many counter our there, maybe some don't like it, as long make money, that is a good HORSE.
Well said for the both on above. Actually you say,i might not say the very good one, but the wave come, look at the percentage. You will got what that some one mean here.
Miey089, sorry, but need to be fair. You said stuck at 5sen, but why didn't you set up to sell at 5.5sen? Then could have left this morning with 10% gain.
Keep sharing good news among yourself to console yourself OLDBIES but please don't mislead NEWBIES into this stock with more than 5 billions shares which might eventually be consolidated down by at least 10 times.
I think there is a possibility that Malaysia might go through similar situation as Singapore in treating covid19 as endemic. So, I looked more carefully at https://www.covid.gov.sg/ to see how important are rapid tests. The answer: VERY VERY IMPORTANT. For positive case, and also close contact, once rapid test result is negative, then can end quarantine and live NORMALLY. It all depends on the rapid tests!! On whether the test kit business is profitable or not, we just leave it to Kanger lah, they should know how to calculate lor! My conclusion: Kanger's try to enter into rapid test business is a good business decision!
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 5,978,812,213, 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.
Gtrade please monitor the 32% fella. next 3 months ----------------------- If they dispose their shares, there will be an announcement on it at BURSA. We can see it clearly if there is any announcement on it.
Harga 1.5 sen pun masih mahal mzm,cuma saya cakap bagi yg gatal nak masuk.Kalau 0.005 sen baru saya masuk kanger supaya tidak rugi bila consolidation 25 jadi 1 kahkahkah.
Kaunter yg ok tudak akan buang waran sehingga harga setengah sen seleoas 2n3 minggu dusenaraikan.Belum pernah dalam sejarah bursa saham waran yg baru disenarai dihentam turun sehingga setengah sen hanya dalam tempoh 2n3 minggu.
Need to be more patience! Just hold the share. Tomorrow is budget 2022 day and Monday Market would response positively or negatively. Interesting to watch what these sharks/ Syndicates / 3 substantial holders would do? Are they pushing up or down!
@Gtrade, I like to point out that Kuah bought 770mil new Kanger shares at 6 Sen on 28 sept. This 770 mil shares were not the unsubscribed right shares, so no free warrants. In this sense, those who subscribed to the RI had a better deal because got free warrants! (Of course, if you consider also earlier times, more complicated)
@MZM2511 I see....was reading the announcement too quickly! The subject of the Sung Master deal said "....RM 94,7....to be satisfied via ....cash payment of RM 51,9....", so I thought Kanger paid Mr Sii 52mil cash. Mr Sii & Kuah were willing to pay 6 Sen/share without the warrant, so we retailers who subscribed to RI obviously were getting a better deal. And not to mention now at 4.5 sen....
Mr Sii must have seen something special in Kanger, else why he gave up his control of his own company? It is really puzzling why some ppl insist on calling Kanger con. Kanger is obviously into serious business.
pls dun buy any share of this counter.... not worth for u money.. coz is penipu.... coz will keep drop... hahahaha!!!! pls throw all the ticket to operator... so they can collect, then we had holding power only can make money after goreng up...
yeyeye!!!! so what the matter... trade share just profit from the margin price... u show us very good matematic also is just the math figure... when share price go up.. we make profit, so what the matter???
Please be selective in making assumption on different counters. Every counter has its streghts and weakneses.
Please study the fundamental and prospects of certain company before you make a conclusion. Please study on Kanger fundamental,risks and prospects carefully........ TAYOR
@Gtrade. Pelase check carefully. The profitability of the company started to be deteriated started on 2019 QRs. Please consider that the Covid-19 pandemic and the reallocation of its factory in Jiangzhu, PRC has coused this weakneses.
Look the company profitability before 2019.....
Also, you can check their cash position and balance sheet strenghts.
-------------------------
Date Financial Year Quarter Revenue PBT
28 Sep 21 31 Mar 22 Q1 Jun 21 4,141 -8,066 30 Jun 21 31 Mar 21 - Mar 21 1,098 -16,365 31 Mar 21 31 Mar 21 - Dec 20 4,470 -21,755 30 Nov 20 31 Dec 20 Q3 Sep 20 4,845 -4,902 19 Aug 20 31 Dec 20 Q2 Jun 20 12,219 -50 30 Jun 20 31 Dec 20 Q1 Mar 20 11,257 -4,373 12 Mar 20 31 Dec 19 Q4 Dec 19 15,692 5,198 21 Nov 19 31 Dec 19 Q3 Sep 19 9,606 -666 27 Aug 19 31 Dec 19 Q2 Jun 19 21,710 3,131 31 May 19 31 Dec 19 Q1 Mar 19 18,040 1,399 27 Feb 19 31 Dec 18 Q4 Dec 18 15,704 -4,750 26 Nov 18 31 Dec 18 Q3 Sep 18 11,916 699 27 Aug 18 31 Dec 18 Q2 Jun 18 18,888 1,843 28 May 18 31 Dec 18 Q1 Mar 18 12,645 382 28 Feb 18 31 Dec 17 Q4 Dec 17 18,958 1,941 24 Nov 17 31 Dec 17 Q3 Sep 17 23,848 3,118 28 Aug 17 31 Dec 17 Q2 Jun 17 19,144 1,807 26 May 17 31 Dec 17 Q1 Mar 17 14,803 1,072 28 Feb 17 31 Dec 16 Q4 Dec 16 23,036 1,744 30 Nov 16 31 Dec 16 Q3 Sep 16 13,886 2,235 25 Aug 16 31 Dec 16 Q2 Jun 16 18,560 912 30 May 16 31 Dec 16 Q1 Mar 16 13,308 1,147 29 Feb 16 31 Dec 15 Q4 Dec 15 21,598 9,082 20 Nov 15 31 Dec 15 Q3 Sep 15 14,855 1,058 25 Aug 15 31 Dec 15 Q2 Jun 15 18,961 383 28 May 15 31 Dec 15 Q1 Mar 15 10,902 565 26 Feb 15 31 Dec 14 Q4 Dec 14 19,676 1,816 18 Nov 14 31 Dec 14 Q3 Sep 14 21,170 1,944 20 Aug 14 31 Dec 14 Q2 Jun 14 13,163 2,616 27 May 14 31 Dec 14 Q1 Mar 14 12,713 1,729 20 Feb 14 31 Dec 13 Q4 Dec 13 16,742 1,068 19 Dec 13 31 Dec 13 Q3 Sep 13 11,609 2,281
@gtrade since you are so negative about kanger , I will sell all and buy other counters if I were you, correct? Put your effort on good counters instead wasting your time here, correct? Pls no offend meant just simple advice. Tks
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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....
shavemyfurm
534 posts
Posted by shavemyfurm > 2021-10-28 15:32 | Report Abuse
@MZM2511 well said, I am not sure who is investor and long term holder. If not long term maybe could not blame, but like some of us, trader.
@Gtrade
The 2cent for us is important. We profit by trading, There are so many counter our there, maybe some don't like it, as long make money, that is a good HORSE.