Sung Master is doing well, NTA is 0.50 cts 0r 0.05cts, borrowing less than 1 million,cash around 1.8 million and good China contacts etc….looks like Kangar can go to above 10cts easily with change of name to the Sung
NTA is just a perceive Valuation for current value. But market expect it to keep on losing money for 10 more QTR thus the stock price of 0.06. Next qtr if still losing money maybe become 0.03
OMG! Market expect it to keep on losing for the next 10 qr and back to 3 sen,,,,,,,but what we bilis scare the most ,,,,it will write off all the assets in one shot and terusss tutup kedai just like serbak,,,hahahaha,,,
Well I dont hold any share in Kanger, but I agree with MZM’s point of view that the company still have lot equity. It is a advantage depends on how you view it.
What happen to Kanger cash of 120m+ after the right of 2.8b shares? Now left with 0.68m. Is it another PP/RI/ESOS coming again? Dont be trapped when pump up comes, it is for insiders to run and attract sotong to enter buy.
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....
BilisMasin
966 posts
Posted by BilisMasin > 2023-09-06 15:42 | Report Abuse
It will be SCAM MASTER