1. Kanger has done a lot of restructuring including selling companies in the People's Republic of China which involved in bamboo manufacturing and trading. Several quarters the company recorded a lot of losses . Its should be among the factors that caused the share price to be in a downtrend until it fell to the floor level of 3-4 sen . The subsidiary disposal process in China has been completed , and I expect that in the next quarter there will be no more loss pressure from subsidiary disposal losses and impairment costs incurred as before .
2. The consolidation made by the company gave strength to the company's account / financial position . Especially to overcome the problem of losses during the structuring / disposal of subsidiaries. Even now , after restructuring , NTA can still be at a level of 40 sen plus.
It can be a buffer even if the company has to suffer operating losses in the next few quarters .
3. Prospects from the purchase of Antara @ Genting condo assets that may generate profits in the future.
4. The profit prospects from trading construction material through Sung Master's, the company subsidiary.
5. The cost of holding Kanger's share by insiders is high , for example those who subcribed RI at a price of 6 sen actually bear the actual cost of 60 sen per share ( after consolidation ).
With that scenario , if they want to exit even from Kanger counter , the logic is that the stock price needs to be increased first to reduce the loss of their probable stock disposal.
Therefore my TARGET ,,,, the share price can reach a price of more than 60 sen ( The time frame factor is difficult to be noted).
6. Rumors that suggest there may be a party that might take over Kanger , to me are logical and possible. The take over also can be done by certain new investors subscribing private placement shares.
Just to remind us about OKU_2020.... He kept badmouthing Kanger for a long time ago...
And he also continously naysaying or "MONKEYING" Kanger when Kanger started its uptrend. WHAT IS HIS INTENTION, I DON'T KNOW???!!!!???.
Therefore, I concluded that: A monkey will shake a tree... Fruitful or not... He He He Hati busuk punya hal. Semua boleh jadi...
------------ Stock: [KANGER]: KANGER INTERNATIONAL BERHAD
1 week ago | Report Abuse
got to THROWWWWW cold water most likely MOM Kanger to REWIND to 3 sen , WB to COFFIN half sen --------------
Stock: [KANGER]: KANGER INTERNATIONAL BERHAD
1 week ago | Report Abuse
Game to be OVER very SOON ..... Be prepared ...... ---------------- Stock: [KANGER]: KANGER INTERNATIONAL BERHAD
1 week ago | Report Abuse
market in dangerous mode.... be prepared -------------- Stock: [KANGER]: KANGER INTERNATIONAL BERHAD
1 week ago | Report Abuse
KABOOOOOOMM ?...... GAME OVER ? pergghhh ------------ Stock: [KANGER]: KANGER INTERNATIONAL BERHAD
1 week ago | Report Abuse
GAME to be OVER very soon beware..!! ------------------ Stock: [KANGER]: KANGER INTERNATIONAL BERHAD
1 week ago | Report Abuse
Losing Steam & Kaput-ing ------------------
Stock: [KANGER]: KANGER INTERNATIONAL BERHAD
6 days ago | Report Abuse
TSUNAMI today...? be prepared..... ---------------------------- Stock: [KANGER]: KANGER INTERNATIONAL BERHAD
6 days ago | Report Abuse
losing steam & Kaput-ing ------------------
Stock: [KANGER]: KANGER INTERNATIONAL BERHAD
5 days ago | Report Abuse
smell A RAT on this con Kanger Be alert as the GAME is losing steam & Kaput-ing Looks GLOOOMY - NO WAY out -------------------- Stock: [KANGER]: KANGER INTERNATIONAL BERHAD
5 days ago | Report Abuse
Bobby/ Mouse traps were set for innocent newbies especially Beware..!! --------------------------- Stock: [KANGER]: KANGER INTERNATIONAL BERHAD
To begin with... 1st-ly thanks Oldbie MZM for entertaining me....after all Laughter is the Best Medicine..
BTW O K U = Otai Kuat Umno = OKU since 2020....Vocab - Otai = some one who is an expert in a certain field ( hmmm....cheap warrant / penny trading )...
Okay. End of feeling interupted. Kena terima kenyataan kalau kita layan beruk (terutama beruk yang OKU),,,, lama-lama kita sama jadi OKU.. Harap ini last time saya guna bahasa kesat mengata orang di sini. He He He.
Only wondering what should be the reason/s for the price of Kanger shares uptrending from the floor price 3 sen to 12.5 sen.... The uptrend, up to yesterday market showed it was planned to be a gradual basis, not a sharp increase in the share price.
3 days ago ------------- Still no news. The incoming QR report will be released this month. I think it should be at least a reason for the insiders/operators to pump the share price....
Putrajaya monitoring US sanctions bill against Hamas supporters Published: Nov 3, 2023 1:40 AM ⋅Updated: 2:09 AM ------- Beware ....Pergghhhh...... Kanger = MTRONIC 2.0 ..? Mtronic even much more turbo rocket - spicy lesson learned ?
Hahahaha OKU oh OKU,I mau beli 10ct pun tak boleh dapat u lagi mari sini cakap-cakap bohong, u memang ada mental problem. Hahahaha u punya kerja pergi sini lah sana lah cakap bohong.
hmmm ...innocent newbies getting smarter minus that OLDBIE can read the operator / syn tactic@play book BTW...final destination remained >> ... to HOLLAND -RIP @ Rest In Peace ?....3 sen
It's getting tougher for operator / syn to further MILKING $$$...Thanks to smarter innocent newbies + 1 veteran Oldbie......so expecting further PUMPING....then for sure knife/parang to be out👿 for slaughtering ....
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....
MZM2511
4,548 posts
Posted by MZM2511 > 2023-11-02 17:24 | Report Abuse
The naysayer alias the monkey.
The monkey will stay as a monkey!!!!! Forever a monkey...
A monkey will shake a tree... Fruitful or not... He He He
Hati busuk punya hal. Semua boleh jadi...