Hahahaha really pity u lah alamak keep on playing with your figure. Hahahaha u langsung tak Jun punya hahahaha kosong punya. Hahahaha u mau orang ikut u punya counter kah lagi tarak berita baik ada pun sudah keluar, alamak hari hari satay pun tarak guna punya hahahaha tak apa simpan peti sejuk dulu, Wakaka
Hahahaha ingat u sangat gung ho ada principal tetapi tak boleh tahan liao leh hahahaha price keep moving up fast. Hahahaha curi curi beli apa ini, Wakaka
Substantial shareholding structure The Proposed Acquisition will not have any effect on the substantial shareholders' shareholdings as the Proposed Acquisition will be fully satisfied in cash and does not involve any issuance of Kanger Shares. ------------- 2.4 Source of funding The Purchase Consideration will be satisfied via internally generated funds and/ or bank borrowings, the breakdown of which will be determined at a later date by the Board.
Based on QR5 2023: Net Debt Ratio. Net Debt = Gross Debt – Cash and Cash Equivalents = (Current liabilities + Non-current liabilities) - Cash and cash equivalents = (RM48,619,000 + RM2,364,000) - RM621,000 = RM50,983,000 - RM621,000 = RM50,362,000. (Be noted that the investments value including the Genting condo is not accounted as the company’s cash equivalent because its classified under Investment properties (non-current assets). The net debt value is positive. A positive net debt implies that Kanger possesses lack of cash and cash equivalents than its financial obligations, and hence is more financially unstable. The problem concerning its lack of cash and cash of equivalent also will dampen company’s ability in its operational expanses. Therefore, I rather suggest that one of the possibility for the company to seek for more funding such as by exercising RI or private placement. Private placement may give a result which there will be a new shareholders invited in the company. The company also could do some divestments of its investment, such as the Genting condo if necessary. However, the net debt metric should not be used alone to determine a company’s financial health. It should be used in conjunction with other liquidity and leverage ratios such as the current ratio, quick ratio, debt ratio, debt-equity ratio, etc.
Kangers’s Current Ratio For example we can calculate Kanger's current ratio. The current ratio is a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year. It tells investors and analysts how a company can maximize the current assets on its balance sheet to satisfy its current debt and other payables. Kangers' current ratio is current assets - current liabilities = RM141,171,000 / RM48,619,000 = 2.90. The value is more than 1.0, therefore we can simply say that it's OKAY. (Be noted that while a current ratio is greater than 1.00 indicates that the company has the financial resources to remain solvent in the short term).
Kanger’s Debt Ratio We can determine Kanger's debt ratio. Kangers's debt ratio = Total debt / Total assets = RM50,983,000 RMRM343,925,000 = 0.14 (means 14%).
The debt ratio is a measure of financial leverage. A company that has a debt ratio of more than 50% is known as a "leveraged" company. As Kanger’s debt ratio is only at 14%, we can simply say that it’s good. Its debt ratio is lower than its equity ratio. It means that the business uses less of debt to fuel its funding.
Hahahaha ini OKU oh OKU lagi wawasan 2020 alamak mau guna UMNO,selalu two step behind punya tarak modal punya hahahaha tau mari sini kaka Chow chow sahaja, Wakaka
AhHuat168@ yaosiew celaka operator,alot bilis kena kantoi into the trap ------- Innocent newbies especially Kena PREQQ,/ Kena TIUUU again n again Must THROWWW Shoes at Oldbie MZM for this AZAB again due to his misleading info
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....
OKU_2020
4,857 posts
Posted by OKU_2020 > 2023-11-24 10:12 | Report Abuse
Losing steam & Kaput-ing
Merely " DEAD CAT BOUNCE "
Becareful especially innocent Newbies
O K U = Otai Kuat Umno = OKU since 2020