Posted by youarewelcome88 > 2023-12-15 23:21 | Report Abuse

@MZM2511... Next week should be an interesting week...

Posted by MZM2511 > 2023-12-17 13:14 | Report Abuse

Fundamental analysis relies on financial information reported by the company whose stock is being analyzed. Ratios and metrics are created using the data which indicate how a company is performing compared to similar companies.

VS

Technical analysis, which attempts to forecast price direction through analyzing historical market data such as price and volume. Technical analysis uses price trends and price action to create indicators. Some of the indicators create patterns that have names resembling their shapes, such as the head and shoulders pattern. Others use trend, support, and resistance lines to demonstrate how traders view investments and indicate what will happen.

Posted by MZM2511 > 2023-12-17 13:25 | Report Abuse

I sold some (half)... Thanks to tklim..
Now a time to reload some....

Posted by MZM2511 > 2023-12-17 22:30 | Report Abuse

Bull*** about technicals.... At the worst time of Kanger, the lowest price was @3 sen....

Posted by fl888 > 2023-12-18 01:44 | Report Abuse

NTA 44 cts of 650 million shares , making profit last qtr, Kuah resignation…. Buy now and Wait for big announcement anytime…

Posted by BE_GREEEEEDY > 2023-12-18 07:56 | Report Abuse

roit!rotikong@
MZM always negative
,++++++++
Warren Buffett >> BE. GREEEEEEEDY 💪when others are SHIVERINGG

Posted by BE_GREEEEEDY > 2023-12-18 07:57 | Report Abuse

new hot ipo this morning
CRITICAL IPO >> BE GREEEEDY $$$$$

Posted by OKU_2020 > 2023-12-18 08:46 | Report Abuse

losing steam n kaputing
even director @ captain cabutt edi ,,, sinking ship
those trap sweating liao - door closed
NO EXIT

Posted by MZM2511 > 2023-12-18 09:39 | Report Abuse

Yes, this is my speculative comment on Kanger:

Kuah Choon Ching resignation as a director... I think a prelude to the emergence of new captain and new substantial shareholder in Kanger... HOPE FOR ANOTHER GOOD NEWS.

Furthermore:

https://www.klsescreener.com/v2/stocks/view/0170

RSI(14) Neutral 36.2
Stochastic(14) Oversold 0.0
Average Volume (3M) 42,639,400
Relative Volume 0.5

Posted by youarewelcome88 > 2023-12-18 10:56 | Report Abuse

Good start for the week...

Posted by Mar2083 > 2023-12-18 14:10 | Report Abuse

Potentially may hit 10sen soon

Posted by youarewelcome88 > 2023-12-18 14:17 | Report Abuse

10 sen... that's would be great

Posted by MZM2511 > 2023-12-18 15:26 | Report Abuse

He He He.... What a joke... @sang jero

Posted by Mie7677 > 2023-12-18 16:26 | Report Abuse

Kaki goreng ni dia bukan kira company loss nak melingkup. Nak kena jadi juru audit palabana.. Yang dia kira kita goreng pump sudah. Yg penting masyukk.. Haha

Posted by MZM2511 > 2023-12-18 17:11 | Report Abuse

@tklim.... also for NEWBIES.
I'm here for long. If I'm a trader I already sell some newly shares bought for profit 0.5 or 1 sen. But I'm not....
Those who want to trade @Kanger, TAYOR...

Posted by M55555 > 2023-12-18 20:43 | Report Abuse

Why is everyone guessing what to be ? Kanger has over 100++ employee (based on 2020 data, after that NO new information . Cannot be nobody know what is going on inside there . Those employees must be laughing at us here keep guessing....... hahahahhahaaa.

Posted by M55555 > 2023-12-18 20:45 | Report Abuse

Bursa is a casino.. No need to guess , just bet up or down , like banker or player , big or small .

Posted by MZM2511 > 2023-12-18 22:08 | Report Abuse

M55555

Bursa is a casino.. No need to guess , just bet up or down , like banker or player , big or small .
----------
For those who are a pure traders can folow these rules... Sometimes we stuck in certain counter... have to think long ... Here fundamental of the company is important......

Posted by MZM2511 > 2023-12-18 22:21 | Report Abuse

http://www.krbamboo.com
Last date of update is 2021.

Posted by MZM2511 > 2023-12-18 23:39 | Report Abuse

RSI(14) Neutral 44.1
Stochastic(14) Neutral 25.0
Average Volume (3M) 42,639,400
Relative Volume 0.9

https://www.klsescreener.com/v2/stocks/view/0170

Momentum (10) −0.005 Buy
MACD Level (12, 26) −0.009 Buy
Exponential Moving Average (10) 0.059 Buy
Simple Moving Average (10) 0.057 Buy

https://www.tradingview.com/symbols/MYX-KANGER/technicals/

Posted by MZM2511 > 2023-12-19 09:02 | Report Abuse

@sang jero. KANGER NO MORE A CHINA (PRC) COMPANY...
BASED ON ANNUAL REPORT 2022
1. All subsidiaries of Kanger was incorporated in Malaysia. Look at AR 2022 page 6.

Note: Before this, all subsidiaries of Kanger were incorporated in Malaysia, except Kanger Investment (HK) limited and Kanger trading (HK) co. Limited. As both subsidiaries which has been incorporated in China has been sold, therefore all subsidiaries of Kanger was incorporated in Malaysia.

2. Board Directors are Malaysian. Look at AR 2022 page 5.

Note: BOARD OF DIRECTORS
Wu Wai Kong
Kuah Choon Ching
Low Poh Seong
Mazlan bin Mohamad
Dato’ Azmil bin Mohd Zabidi
Datuk Nur Jazlan Bin Mohamed

3. Principle Place of Business / Management and Registered Office are registered and located in Malaysia. Look ar AR 2022 page 5.

Note: PRINCIPAL PLACE OF
BUSINESS/MANAGEMENT
OFFICE
K-3-12 & K-3-13, Solaris Mont Kiara
No. 2, Jalan Solaris
Mont Kiara
50480 Kuala Lumpur
Wilayah Persekutuan (KL)
Malaysia
Tel. : (603) 6413 0143
Fax. : (603) 6413 0143
Email : jw@kangergroup.com
Website : www.krbamboo.com

REGISTERED OFFICE
No. 2-1, Jalan Sri Hartamas 8
Sri Hartamas
50480 Kuala Lumpur
Wilayah Persekutuan (KL)
Malaysia
Tel. : (603) 6201 1120
Fax. : (603) 6201 3121

4. All revenues are from Malaysian market based on the last few quarterly reports (after Kanger sold subsidiaries in PRC)

5. Bamboo related product manufacturing subsidiaries in PRC has been sold.

Posted by MZM2511 > 2023-12-19 09:03 | Report Abuse

To know the fundamental aspect of certain company, TECHNICAL ANALYSIS won't gives us any clue... But the fundamental analysis can, because a fundamentalist will look at their reports..... He He He

Posted by MZM2511 > 2023-12-19 09:06 | Report Abuse

Better check their Annual Report 2022.

All subsidiaries of Kanger was incorporated in Malaysia. Look at AR 2022 page 6.

Note: Before this, all subsidiaries of Kanger were incorporated in Malaysia, except Kanger Investment (HK) limited and Kanger trading (HK) co. Limited. As both subsidiaries which has been incorporated in China has been sold, therefore all subsidiaries of Kanger was incorporated in Malaysia.

Posted by MZM2511 > 2023-12-19 09:08 | Report Abuse

For me, I would like to buy Kanger (I think it's probably in a reversal phase from downturn to upward again) instead of BPuri (I think it's already at the peak price and probably its ready for a pump and dump phase). TAYOR

Posted by BE_GREEEEEDY > 2023-12-20 07:54 | Report Abuse

roit!rotikong@
MZM always negative
,++++++++
Warren Buffett >> BE. GREEEEEEEDY 💪when others are SHIVERINGG
BTW this morning hot IPO JATI TINGGI....Let PUNT & BE GREEEEEEDY $$$$$

Posted by youarewelcome88 > 2023-12-20 10:33 | Report Abuse

@tklim...join the ride

Posted by OKU_2020 > 2023-12-20 11:21 | Report Abuse

BE Careful especially innocent newbies
losing steam & Kaput-ing

Posted by OKU_2020 > 2023-12-20 11:23 | Report Abuse

those trap now sweating liao
seems NO EXIT
keys thrown out

Posted by OKU_2020 > 2023-12-20 11:23 | Report Abuse

ah long on stand by

Posted by BE_GREEEEEDY > 2023-12-20 14:31 | Report Abuse

Warren Buffett >> BE. GREEEEEEEDY 💪when others are SHIVERINGG

Posted by MZM2511 > 2023-12-20 19:42 | Report Abuse

@sang jero....
Report untuk Kanger pada Nov 25, 2022. Saya dapati nilai NAV >>> (NTA) syarikat diistiharkan rendah dari yang sepatutnya. Report untuk buat pembetulan kerana sebagai pemegang saham Kanger, nilai rendah dari sepaptutnya perlu diperbetulkan supaya memberi kesan baik kepada syarikat...

Excerpt dari report saya kepada EC pada Nov 25, 2022..

As a current share holder of Kanger (0170), I like to refer to Suruhanjaya Sekuriti Malaysia concerning 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 (Refer to: https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3309554 ). There is a possibilty for a misstatement of information in the refered quarterly report related to the net assets per share value reported by Kanger (0170) which could be a breach of certain law governed by Suruhanjaya Sekuriti Malaysia.
2. For your reference, three details have been attached herewith, including Appendix 1- A, Appendix 1 - B and Appendix 2.

Based on my calculations shown in Appendix 2, the net assets value (NAV) per share are:


Scenario 1: Total assets included intangible assets / goodwill

The net assets value pershare (NAV) based on this scenario should be stated at RM0.486 or 48.6 sen.



Scenario 2: Total assets excluded intangible assets / goodwill

The net assets value pershare (NAV) based on this scenario should be stated at 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. I think the figure reported by the company is misleading to the investors and public, therefore appropriate action to the company (Kanger) can be taken by Suruhanjaya Sekuriti Malaysia.


3. For your information, there are another possible 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 (Refer to: https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3287948 ).


4. I am very happy if Suruhanjaya Sekuriti Malaysia can look after this query and hope that it can excecuted as per standard operational procedure of Suruhanjaya Sekuriti Malaysia.

Thank you.

Posted by OKU_2020 > 2023-12-20 19:42 | Report Abuse

Pergghhhh

Posted by OKU_2020 > 2023-12-20 19:44 | Report Abuse

Further GLOOOMY ahead

Posted by MZM2511 > 2023-12-20 19:44 | Report Abuse

SC took action based on this report.. And several NAV (NTA) figures has been corrected. It's supposely good to Kanger....

Posted by AhHuat168 > 2023-12-20 19:58 | Report Abuse

Kanger game over, dont place any hope on this type of downtrend share

Posted by MZM2511 > 2023-12-20 20:20 | Report Abuse

@AhHuat168. I'm here for long....

A result from an analysis on some aspects what I refered as a fundamental analysis on Kanger:

Kanger is in better condition and sound now...

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 44 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.

Based on latest QR: "The Group recorded slightly increase in revenue as compare to last quarter ended 30 June 2023. The increase in profit was mainly due to increase in sales generated from trading of construction materials
Overall, the Group recorded profit before taxation of RM2.4 million in Q6 2023 as compare to loss before taxation of RM1.5 million in Q5 2023 was mainly due to recoverable of impairment loss on debtors."

Sung Master proven contributed to the P&L of Kanger...
Construction - Nil contribution to the revenue....

5. I don't agree on the idea it will be consolidate again in short term...

The reasons:
1. NTA 44.4 sen.
2. NOSH 649.87m
3. Share capital RM427,561,000
Reserves (RM138,697,000)
SHAREHOLDERS’ EQUITY RM288,864,000
Non-controlling interests RM5,288,000
TOTAL EQUITY RM294,152,000

Posted by MZM2511 > 2023-12-20 23:31 | Report Abuse

I have another two and a half years before retire. Hope so...

But I can't do it @BPuri. If I want to play long...
Very risky... PN17 or consolidation....

Posted by MZM2511 > 2023-12-21 09:26 | Report Abuse

Jangan turut tertekanlah bila kita spam untuk promote dibantah oleh spam pihak lain....
Memang adat ada pro dan cons...

Let others decide...

Posted by fl888 > 2023-12-21 09:33 | Report Abuse

Just wonder how to raise more than RM100 million to buy the 2 projects announced....deadline for 1 is 2 months...and the other 6 months.... ?????

Posted by MZM2511 > 2023-12-21 09:38 | Report Abuse

@fl888... So am I.. Just hopes for another good news.. Firstly should be for any emergence of a new captain...

Posted by youarewelcome88 > 2023-12-21 10:08 | Report Abuse

@tklim... It's not Strong SELL. I read it as Oversold

Posted by OKU_2020 > 2023-12-21 10:18 | Report Abuse

looks dangerous & Critical
Further GLOOOOMY ahead

Posted by MZM2511 > 2023-12-21 10:21 | Report Abuse

RSI(14) Neutral 44.1
Stochastic(14) Neutral 50.0
Average Volume (3M) 43,164,300
Relative Volume 0.0

https://www.klsescreener.com/v2/stocks/view/0170

Posted by MZM2511 > 2023-12-21 14:15 | Report Abuse

@OKU_2020. Goyang kuat-kuat.
Waited some @5.5 sen from yesterday.

Posted by youarewelcome88 > 2023-12-21 15:37 | Report Abuse

@tklim... We both definitely come from different school of investment... Cheers

Posted by Mar2083 > 2023-12-21 17:39 | Report Abuse

Look like may test 10sen next week

Posted by N4rc0t > 2023-12-21 17:49 | Report Abuse

operator working hard this week

Posted by MZM2511 > 2023-12-21 21:28 | Report Abuse

Congrat... He He He

Posted by rainman777 > 2023-12-22 08:13 | Report Abuse

Hahahaha sini lagi murah,lagi cantik,lagi untung banyak,lagi CNY Angpow masuk pocket, Wakaka

Posted by OKU_2020 > 2023-12-22 09:26 | Report Abuse

Mouse trap set edi
Beware especially innocent newbies