KANGER INTERNATIONAL BERHAD

KLSE (MYR): KANGER (0170)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.045

Today's Change

0.00 (0.00%)

Day's Change

0.04 - 0.045

Trading Volume

1,200


15 people like this.

32,327 comment(s). Last comment by koyokui 20 hours ago

rr1688

3,170 posts

Posted by rr1688 > 2021-12-15 18:31 | Report Abuse

pmetal share price from RM0.02 increase to RM5.30 ...2 SENG increase to 5 RIAL...PITIH MOLEK...

rr1688

3,170 posts

Posted by rr1688 > 2021-12-15 18:37 | Report Abuse

world richest salesman company initial years also same like KANGER...he sells a to z ...bcoz he never giv up...today his company share price is usd3381 ...if u invested in early stage...u would have GAIN 195,381 % MAKEH TAK HABIS...KANGER is in early stage...MULTI PRODUCTS IN PIPELINE...MULTI UPTREND is expected...

Winer21

913 posts

Posted by Winer21 > 2021-12-15 19:36 | Report Abuse

rr1688 you mmg boduh

rr1688

3,170 posts

Posted by rr1688 > 2021-12-15 22:51 |

Post removed.Why?

rr1688

3,170 posts

Posted by rr1688 > 2021-12-15 22:53 | Report Abuse

frontkn share price from RM0.02 increase to RM3.77 ...2 SENG increase to 3 RIAL...PITIH MOLEK...

rr1688

3,170 posts

Posted by rr1688 > 2021-12-15 22:59 | Report Abuse

REAL ESTATE up despite pandemic...KANGER is in REAL ESTATE now...mcdonald's REAL ESTATE company target share price amid strong demand upgrade to usd306 ...KANGER target share price usd30 ...to the STAR...I LOVE GUNUNG BINTANG...berkelip2...bersyukur...be HAPPY...think GOOD...say GOOD n do GOOD...WINNER NEVER QUIT...QUITER NEVER WIN...

Posted by shavemyfurm > 2021-12-16 11:47 | Report Abuse

https://klse.i3investor.com/blogs/thinkdeep/2021-12-15-story-h1595600000-How_to_gain_big_in_the_stock_market.jsp

When it comes to the stock market, we all have a uniformed objective, and that is to profit in the stock market. In the modern days however, some methods of investing had become obsolete we may need new strategies to outperform the market.

Does technical analysis still work? Yes, but only to selected few. Don’t forget you are trading against highly automated AIs in the stock market. Unlike us, they have an extremely low likelihood to make fat finger mistakes.

Thus to end big in the stock market, I quote George Soros’s

“Markets are constantly in a state of uncertainty and flux, and money is made by discounting the obvious and betting on the unexpected.”

We can no longer rely on conventional methods to profit in the stock market, that is if you want extraordinary or big gains in the stock market.

Here’s an example.

The above chart shows the price movement of Kanger International Berhad. By now, most investors had already been shaken out of holdings the shares of the company.

What if, this is exactly what the owners want?

If you exited on panic terms, then you are missing out big on this stock.

Looking back on September this year, the daughter for the founder of property giant Aset Kayamas had acquired close to 10% of KANGER’s shares. And she is still holding to date.




++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Aset Kayamas had always planned to go for listing, and given that the price is depressed now, are they collecting the shares in open market?

Why did the existing owners did not “help” the share price?

Is it possible for them to do backdoor listing by getting cheap shares now?

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

By the time these questions are answered, the share price either tanked or rocketed. With current price for the company, you can easily trade for a triple-quadruple return.

I rest my case.

Posted by limweechui > 2021-12-16 13:28 | Report Abuse

Push down more and keep sapu

rr1688

3,170 posts

Posted by rr1688 > 2021-12-16 14:40 |

Post removed.Why?

rr1688

3,170 posts

Posted by rr1688 > 2021-12-16 14:41 | Report Abuse

vitrox share price from RM0.10 increase to RM19.63 ... 10 SENG increase to 19 RIAL...PITIH MOLEK...

rr1688

3,170 posts

Posted by rr1688 > 2021-12-16 14:46 | Report Abuse

world richest salesman company initial years also same like KANGER...he sells a to z ...becoz he never giv up...today his company share price is usd3466 ...if u invested in early stage ...u would have GAIN 200,264 % ...MAKEH TAK HABIS...KANGER is in early stage...MULTI PRODUCTS IN PIPELINE...MULTI UPTREND is expected...

rr1688

3,170 posts

Posted by rr1688 > 2021-12-16 15:52 | Report Abuse

terminate all ur useless stock brokers every day ask u to sell...they just want to earn ur comision...

MZM2511

4,549 posts

Posted by MZM2511 > 2021-12-16 18:53 | Report Abuse

KANGER, NO MORE BAMBOO RELATED COMPANY????

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3219389

The Board of Directors of Kanger ("Board") wishes to announce that its wholly-owned indirect
subsidiary, namely Ganzhou Kanger Industrial Co. Ltd. ("Ganzhou Kanger" or the "Vendor"),
had on 16 December 2021 entered into a share sale agreement ("SSA") with Xue YongXing
("Purchaser") for the proposed disposal of 35,900,000 ordinary shares in Shenzhen Kanger
Holding Co. Ltd. ("Shenzhen Kanger") ("Sale Share(s)"), representing 100% equity interest in
Shenzhen Kanger for a disposal consideration of RMB3,000,000 (equivalent to RM1,993,500)
to be wholly satisfied in cash, on the terms and conditions contained in the SSA ("Proposed
Disposal").

Total pro forma gain 3,439 A-B

The Board is of the view that the Disposal Consideration is justifiable after taking into
consideration the following factors:-

i. The Disposal Consideration would result in a pro forma gain of RM3.44 million
to Kanger, based on the computation as set out above; and

ii. The Proposed Disposal is in line with Kanger Group's objective of streamlining
its businesses to focus on construction segment as its growth prospect moving
forward, as well as to unlock the value and monetise Kanger's investment in
Shenzhen Kanger group of companies, with the proceeds earmarked for the
purposes of utilisation as set out in Section 3 of this announcement.

MZM2511

4,549 posts

Posted by MZM2511 > 2021-12-16 18:54 | Report Abuse

RATIONALE AND JUSTIFICATIONS FOR THE PROPOSED DISPOSAL

The Proposed Disposal is in line with Kanger Group's objective of streamlining its businesses
to focus on construction segment, as well as to unlock the value and monetise Kanger's
investment in Shenzhen Kanger group of companies, which is principally involved in trading of
bamboo flooring, bamboo furniture and related products, that has been loss-making since FYE
31 March 2021.]

Earlier in June 2021, Kanger Group had diversified its principal activities to include construction
and related activities. Since the diversification, the construction business has overtaken the
bamboo manufacturing and trading segment as the main revenue contributor to the Group, as
exhibited in its latest unaudited consolidated financial statements for the 6-month FPE 30
September 2021:-

As part of its strategy to expand its construction segment, the Group had lined up several growth
initiatives through organic and inorganic means with the long term objective of increasing its
revenue contribution of its construction business going forward. In addition to its involvement in
the project management of several construction projects (such as Antara @ Genting Highlands,
Axon Bukit Bintang and The Hipster @ Taman Desa), the Group had also recently expanded
its service offering within the construction segment through the acquisition of a 51% equity
interest in Sung Master Holdings Sdn Bhd, which is principally involved in sales and trading of
building materials.

The Board is of the view that the Proposed Disposal as timely as it presents the Group an
opportunity to unlock the value of its investment in its loss-making subsidiaries, namely
Shenzhen Kanger group of companies, and at the same time provide the Group a cash surplus
to be utilised for the purposes as set out in Section 3 of this announcement. The main proceeds
are mainly earmarked for the Group's working capital requirements, which would allow the
Group flexibility in respect of financial allocations for the operational requirements of its
construction segment, which in turn may allow the Group to carry out operations in a more
efficient manner

MZM2511

4,549 posts

Posted by MZM2511 > 2021-12-16 19:01 | Report Abuse

KANGER, NO MORE BAMBOO RELATED COMPANY????

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3219389

BUT, WHAT IS THE EFFECT TO KANGER' PLAN TO DISPOSE its properties which include two commercial buildings and land located in Ganzhou City, China for approximately China Renminbi RMB400.0 million (equivalent to RM258.9 million) ?????

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3196769

Noobie123

1,661 posts

Posted by Noobie123 > 2021-12-16 19:17 | Report Abuse

After all these, what assets does Kanger really have left? Or is it going through asset stripping exercise? Or it is finding it difficult to get loans to finance its Sung Master and construction projects? Surely if it is as profitable as it is, banks are willing to lend. Why sell assets to finance these projects?

MZM2511

4,549 posts

Posted by MZM2511 > 2021-12-16 19:36 | Report Abuse

1. Kanger International owned 100% Kanger Investment (HK) Limited.

Kanger Investment (HK) Limited owned 100% Ganzhou Kanger Industrial Co. Ltd.

Ganzhou Kanger Industrial Co. Ltd.owned 100% in Shenzhen Kanger
Holding Co. Ltd. (the indirect subsidiary under disposal proposal).

2. Hope that Ganzhou Kanger Industrial Co. Ltd is the owner of the said two commercial buildings and land located in Ganzhou City which under a disposal proposal....

NOTE: If yes, then its GOOD. If no, then its BAD.


------------
Reference:

The Board of Directors of Kanger wishes to announce that Ganzhou Kanger Industrial Co. Ltd., a wholly-owned indirect subsidiary of the Group had on 29 September 2021 received a letter of intent from Huizhou ZhongNeng Construction Ecological Resources Technology Co., Ltd. for disposal of properties which include two commercial buildings and land located in Ganzhou City, China for approximately China Renminbi RMB400.0 million (equivalent to RM258.9 million).

rr1688

3,170 posts

Posted by rr1688 > 2021-12-16 19:42 |

Post removed.Why?

rr1688

3,170 posts

Posted by rr1688 > 2021-12-16 19:44 | Report Abuse

pmetal from RM0.02 increase to RM5.30 ...2 SENG increase to 5 RIAL...PITIH MOLEK...

rr1688

3,170 posts

Posted by rr1688 > 2021-12-16 19:47 | Report Abuse

REAL ESTATE up despite pandemic...KANGER is in REAL ESTATE now...mcdonald's REAL ESTATE company target share price amid strong demand upgrade to usd306 ...KANGER target price usd30...

rr1688

3,170 posts

Posted by rr1688 > 2021-12-16 19:52 | Report Abuse

penang is voted BEST place to live in asia by TRAVEL AWAITS...REAL ESTATE uptrend mari...

MZM2511

4,549 posts

Posted by MZM2511 > 2021-12-16 19:56 | Report Abuse

@Noobie123 . I think Kanger is going to dispose all their bamboo businesses in PRC and will focus on the new business activities in Malaysia.

The Board is of the view that the Disposal Consideration is justifiable after taking into
consideration the following factors:-

i. The Disposal Consideration would result in a pro forma gain of RM3.44 million
to Kanger, based on the computation as set out above; and

ii. The Proposed Disposal is in line with Kanger Group's objective of streamlining
its businesses to focus on construction segment as its growth prospect moving
forward, as well as to unlock the value and monetise Kanger's investment in
Shenzhen Kanger group of companies, with the proceeds earmarked for the
purposes of utilisation as set out in Section 3 of this announcement.

and:

Earlier in June 2021, Kanger Group had diversified its principal activities to include construction
and related activities. Since the diversification, the construction business has overtaken the
bamboo manufacturing and trading segment as the main revenue contributor to the Group, as
exhibited in its latest unaudited consolidated financial statements for the 6-month FPE 30
September 2021:-

Revenue breakdown: 6-month FPE 30 September 2021

Revenue from manufacturing and trading of bamboo flooring and related products RM8,143,000 Revenue from construction works RM60,813,000.
Total revenue RM68,956,000.

Posted by mozaid66 > 2021-12-16 21:05 | Report Abuse

Thank MZM2511 for getting us the information

Risk Trader

3,942 posts

Posted by Risk Trader > 2021-12-17 00:05 | Report Abuse

List of stock to be capital reduction for 10 to1...beware guys

rr1688

3,170 posts

Posted by rr1688 > 2021-12-17 01:22 |

Post removed.Why?

rr1688

3,170 posts

Posted by rr1688 > 2021-12-17 01:24 | Report Abuse

vitrox share price from RM0.10 increase to RM19.66 ...10 SENG increase to 19 RIAL...PITIH MOLEK...

rr1688

3,170 posts

Posted by rr1688 > 2021-12-17 01:28 | Report Abuse

world richest salesman company initial years also same like KANGER...he sells a to z ...becoz he never giv up...today his company share price is usd3386 ...if u invested in early stage...u would have GAIN 195,630 % ...MAKEH TAK HABIS...KANGER is in early stage...MULTI PRODUCTS IN PIPELINE...MULTI UPTREND is expected...

PKRPACA

76 posts

Posted by PKRPACA > 2021-12-17 01:31 | Report Abuse

jamban flush & wait for shit to float , kedai tilapia bakar ni

rr1688

3,170 posts

Posted by rr1688 > 2021-12-17 02:56 |

Post removed.Why?

rr1688

3,170 posts

Posted by rr1688 > 2021-12-17 02:58 | Report Abuse

penta share price from RM0.02 increase to RM5.43 ...2 SENG increase to 5 RIAL...PITIH MOLEK...

rr1688

3,170 posts

Posted by rr1688 > 2021-12-17 03:01 | Report Abuse

REAL ESTATE up despite pandemic...KANGER is in REAL ESTATE now...mcdonald's REAL ESTATE company target share price amid strong demand UPGRADE to usd306...KANGER target share price usd30...

M55555

1,089 posts

Posted by M55555 > 2021-12-17 12:00 | Report Abuse

Beside construction and real estate, Kanger subsidiary Kanger Medical International Sdn Bhd (KMI ) need to work a bit more aggressive during this endemic . Just producing mask is no enough. Must update on the vaccine and rapid testing kit progress. HoA but no update.

And this subsidiary ,Kanger Glove Manufacturing Sdn Bhd (incorporated on Aug 13) apa jadi?

lenforfs

10 posts

Posted by lenforfs > 2021-12-17 12:59 | Report Abuse

share price looks good today

birdparadise

1,468 posts

Posted by birdparadise > 2021-12-17 13:12 |

Post removed.Why?

birdparadise

1,468 posts

Posted by birdparadise > 2021-12-17 13:19 |

Post removed.Why?

birdparadise

1,468 posts

Posted by birdparadise > 2021-12-17 13:22 |

Post removed.Why?

Posted by whistlebower99 > 2021-12-17 15:30 | Report Abuse

So much promotion !!!

Investors only interested in financial results and how the directors work for the benefits of the company and shareholders instead of certain parties.

So many penny stocks undergone shares consolidation 10:1 and followed by rights issue with free warrant at 10sen or higher, now trading below RI price after less than 6 months.

Look at pasukgb, pdz, lambo, sanichi, mtouche, trive, many others

Kanger directors a little bit smart to do rights issue with free warrant then followed by shares consolidation.

Need to see for few months after completion of shares consolidation, whether the consolidated price will rise or fall.

Just hope the outcome is not same as the above list of stocks

Good luck all.

MZM2511

4,549 posts

Posted by MZM2511 > 2021-12-17 15:51 | Report Abuse

whistlebower99 So much promotion !!!
---------
YES. AND YOU ARE TRYING HARD TO SPIT THE VENOM IN SO MANY COUNTERS!!!

IT'S YOU, stockraider a.k.a wistlebower99 and the gang of spammer /speculator still waiting for the lower price to buy in. He He..

THE MOST POSSIBLE SCENARIO IS HE IS STILL TRYING TO PRESSURE THE SHARE PRICE DOWN!!!

ESPECIALLY FOR OLBIES WHO ARE STILL HOLDING KANGER SHARES AT LOSS....
WE SHOULD NOT TRUST HIM, THE CON SPAMMER/SPECULATOR AND THE GANG WHO USED THE GHOST STORIES TO DAMPEN THE SHARE PRICES OF SOME COUNTERS.

HIS MAIN OBJECTIVE IS TO SPECULATE FOR HIS / HIS GANG'S OWN OBJECTIVES....

birdparadise

1,468 posts

Posted by birdparadise > 2021-12-17 16:12 |

Post removed.Why?

rr1688

3,170 posts

Posted by rr1688 > 2021-12-19 13:10 |

Post removed.Why?

rr1688

3,170 posts

Posted by rr1688 > 2021-12-19 13:12 | Report Abuse

pmetal share price from RM0.02 increase to RM5.42 ...2 SENG increase to 5 RIAL...PITIH MOLEK...

rr1688

3,170 posts

Posted by rr1688 > 2021-12-19 13:18 | Report Abuse

world richest salesman company initial years also same like KANGER...he sells a to z ...becoz he never giv up ...today his company share price is usd3400 ...if u invested in early stage...u would have GAIN 196,452 % ...MAKEH TAK HABIS...KANGER is in early stage...to the STAR...I LOVE GUNUNG BINTANG...berkelip2...bersyukur...be HAPPY...think GOOD...say GOOD n do GOOD...WINNER NEVER QUIT...QUITER NEVER WIN...

birdparadise

1,468 posts

Posted by birdparadise > 2021-12-19 13:31 |

Post removed.Why?

birdparadise

1,468 posts

Posted by birdparadise > 2021-12-19 13:33 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2021-12-19 13:36 | Report Abuse

Do not get kon at kanger loh!

It is a kon counter mah!

birdparadise

1,468 posts

Posted by birdparadise > 2021-12-19 13:41 |

Post removed.Why?

BILLC

2,045 posts

Posted by BILLC > 2021-12-19 14:03 | Report Abuse

Many already kena con from 6 to 2 sen,,,what next??

Must be another round of big con jobs on the way,,,,

Wakakaka,,,

rr1688

3,170 posts

Posted by rr1688 > 2021-12-19 14:11 | Report Abuse

bslcorp share price RM0.30 drop to RM0.02 then uptrend to RM0.40 my fren sold it for a small profit...sure it UPTREND to RM0.98 ...my fren REGRET selling the share...he now REALIZED share investment is LONG TERM...

rr1688

3,170 posts

Posted by rr1688 > 2021-12-19 14:12 |

Post removed.Why?

rr1688

3,170 posts

Posted by rr1688 > 2021-12-19 14:15 | Report Abuse

REAL ESTATE up despite pandemic...KANGER is in REAL ESTATE now...mcdonald's REAL ESTATE company target share price amid strong demand upgrade to usd306 ...KANGER target share price usd30 ...

Post a Comment
Market Buzz