Bcarefull... the new pm might bring in full year rally uptrend... during the last full year rally uptrend... housewives not going to vegetables market instead went to share market... BUY any counters oso make money n profit...this guy got track record... awesome...
1088 mesti kaya kaya...real estate company MENANG share price increase 1088 % from rock bottom...2022 year of inflation stocks...real estate is the best hedge against inflation... Better than gold bcoz real estate can renral income...bilismasin can not giv teloq ayeh...bilismasin can only makeh taik ayeh...all major investors including world top ranking billionaires n trillionaires move in real estate...Kanger is in real estate now...
QUERY ABOUT THE POSSIBILITY FOR MISSTATEMENT OF THE NET ASSETS PER SHARE VALUE REPORTED IN THE KANGER QUARTERLY RPT ON CONSOLIDATED RESULTS FOR THE FINACIAL PERIOD ENDED 30 SEP 2022
As a current Kanger (0170) share holder, I like to refer to BURSA the Kanger Unaudited Condensed Consolidated Statement of Financial Position As At 30 September 2022 as reported in the company Quarterly rpt on consolidated results for the financial period ended 30 Sep 2022. There is a possibilty for misstatement in the quarterly report related the true net assets per share value.
2. For your reference, three details are attached including Appendix 1 -A, Appendix 1 - B and Appendix 2.
Based on my calculations shown in Appendix 2, the net assets per share value should be:
Scenario 1: Total assets included intangible assets / goodwill The net assets value pershare (NAV) should be RM0.486 or 48.6 sen.
Scenario 2: Total assets excluded intangible assets / goodwill
The net assets value pershare (NAV) should be RM0.333 or 33.3 sen.
As per Appendix 1 - B, the net assets value per share reported as 0.49 sen only. Therefore, the NAV reported is not a true figure and must be verified and its a responsibility for the company to report a corrections for the figure.
3. For your information, there are another missreporting about the NAV figures reported in the company announcement related to the company Quarterly rpt on consolidated results for the financial period ended 30 Jun 2022.
I would like Bursa Malaysia to look after this query and hope that it can excecuted as per standard operational procedure of Bursa Malaysia.
The following formula is used to calculate Net Assets Value per share:
NAV = (Total Assets – Total Liabilities) / Total number of outstanding shares
Note: Intangible Assets like intangible assets/ goodwill are also treated as assets to calculate NAVPS but sometimes it is excluded from the calculation.
Therefore, the NAV for Kanger based on its Unaudited Condensed Consolidated Statement of Financial Position As At 30 September 2022 as reported in the company Quarterly rpt on consolidated results for the financial period ended 30 Sep 2022 can be calculated in two scenarios:
Scenario 1: Total assets included intangible assets / goodwill
NAV = (Total Assets – Total Liabilities) / Total number of outstanding shares on 30 sept 2022 NAV = (RM320,436,000 - RM 27,287,000) / 603,064,453 unit of shares NAV = RM293149000 / 603,064,453 unit of shares NAV = RM0.486 OR 48.6 sen.
Scenario 2: Total assets exclude intangible assets / goodwill
NAV = (Total Assets – Intangible assets – Right of used asssets – Total Liabilities) / Total number of outstanding shares on 30 sept 2022
NAV = (RM320,436,000 - RM90,286,000 - RM 2,193,000 - RM 27,287,000) / 603,064,453 unit of shares NAV = RM200,670,000 / 603,064,453 unit of shares NAV = RM0.333 OR 33.3 sen.
Dahlah syarikat berniaga hanya pandai buat rugi, bahagian akaun dia kira NAV atau net tangible assets per share pun rasa saya tak betul...... Atau laporkan ke BURSA secara SALAH/CUAI???????
Boleh juga lapor kpd macc jika rasa pelaburan investers disalahguna...n minta management crita mcm mana hari2 kerja dgn sop yg betul tak bawa keuntungan...n all investors can request take over from a strong financial group then replace existing management team with superior management team... within 12 months price can spike uptrend with positive company profit growth...
1088 MESTI KAYA KAYA...REAL ESTATE company MENANG share price increase 1088 % from rock bottom...2022 year of inflation stocks...REAL ESTATE is the BEST hedge against inflation...better than gold bcoz REAL ESTATE can giv rental income...bilismasin n soupotobulltaik8798 can not giv teloq ayeh...bilismasin n soupotobulltaik8798 can only makeh taik ayeh...IGNORE bilismasin n soupotobulltaik8798 tin kosong bibisin NOISE...BUY KANGER...UPTREND MARI...
ALL MAJOR INVESTORS including WORLD TOP RANKING BILLIONAIRES n TRILLIONAIRES invest in REAL ESTATE...KANGER is in REAL ESTATE now...REAL ESTATE company mcdonald's target share price amid strong demand upgrade to usd306 ...KANGER target price usd30 ...to the STAR...
1368 SEUMUR HIDUP UNTUNG KAYA...REAL ESTATE company hapseng share price increase 1368 % from rock bottom...2022 year of inflation stocks...REAL ESTATE is the BEST hedge against inflation...better than gold bcoz REAL ESTATE can giv rental income...bilismasin kausai55 sicmannng can not giv teloq ayeh...bilismasin kausai55 sicmannng can only makeh taik ayeh...IGNORE bilismasin kausai55 sicmannng tin kosong bibisin NOISE...BUY KANGER ...UPTREND MARI...
ALL MAJOR INVESTORS including WORLD TOP BILLIONAIRE n TRILLIONAIRES invest in REAL ESTATE...KANGER is in REAL ESTATE now...REAL ESTATE company mcdonald's target share price amid strong demand upgrade to usd306 ...KANGER target price usd30 ...to the STAR...
ALL INVESTORS can request for a take over from a strong financial group then replace existing management team with superior management team...share price should SPIKE within 12 months...
Account certified by Accountant…ok…Qtr profit make RM5 million but to loss of RM10million by selling the property at impaired value……lost RM8 million…….buy now at 4cts….against nta49cts..no worry
Not much property to sell except to concentrate on their manufacturing, trading and project management services business….most likely placement or RI exercise coming…
888 kaya kaya kaya...real estate company chinhin share price increase 888 % from rock bottom...2022 year of inflation stocks...real estate is the best hedge against inflation.better than gold.. bcoz real estate can giv rental income ... bilismasin can not giv teloq ayeh... bilismasin can only makeh taik ayeh...ignore bilismasin n flausai888 tin kosong bibisin Noise...Buy Kanger uptrend mari...
All major investors including world top ranking billionaires n trillionaires move in real estate... real estate company McDonald target share price amid strong demand upgrade to usd306 ... Kanger is in real estate now... Kanger target price usd30 ...to the Star...
1368 seumur hidup untung kaya...real estate company hapseng share price increase 1368 % from rock bottom...2022 year of inflation stocks...real estate is the best hedge against inflation
Better than gold bcoz real estate can giv rental income...m55555 can not giv teloq ayeh...m55555 can only makeh taik ayeh...ignore m55555 tin kosong bibisin Noise.
All major investors including world top ranking billionaires n trillionaires move in real estate now ..Kanger is in real estate now... real estate company McDonald target share price amid strong demand upgrade to usd306 ...Kanger target price usd30 ...to the Star...
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....
rr1688
3,170 posts
Posted by rr1688 > 2022-11-09 20:05 |
Post removed.Why?