Highlights
KLSE: KANGER (0170)       KANGER INTERNATIONAL BHD ACE : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.05   -0.005 (9.09%)  0.05 - 0.055  55,065,900
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Overview

Market Cap: 280 Million
NOSH: 5,592 Million
Avg Volume (4 weeks):102,497,705
4 Weeks Range:0.045 - 0.065
4 Weeks Price Volatility (%):
25.00%
52 Weeks Range:0.045 - 0.245
52 Weeks Price Volatility (%):
2.50%
Average Price Target:-

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2021  |  30-Jun-2021
Next QR | Est. Ann. Date: 30-Jun-2021  |  19-Aug-2021
T4Q P/E | EY: -6.46  |  -15.48%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.0323  |  1.55
T4Q NP Margin | ROE: -190.30%  |  -24.00%

Headlines

Date Subject
20-Sep-2021 Evening Market Summary - 20 Sept 2021
16-Sep-2021 已为复苏做好准备的公司 – KANGER INTERNATIONAL BERHAD (0170)
14-Sep-2021 Evening Market Summary - 14 Sept 2021
14-Sep-2021 Poised for the recovery theme – KANGER INTERNATIONAL BERHAD (0170)
09-Sep-2021 Evening Market Summary - 9 Sept 2021
01-Sep-2021 PublicInvest Research Headlines - 1 Sept 2021
27-Aug-2021 关于 Kanger International Berhad (0170) 的真相
26-Aug-2021 The Truth About Kanger International Berhad (0170) - MUST READ
09-Aug-2021 Kanger to strengthen new business segments
04-Aug-2021 Mplus Market Pulse - 4 Aug 2021
04-Aug-2021 PublicInvest Research Headlines - 4 Aug 2021
28-Jul-2021 PublicInvest Research Headlines - 28 Jul 2021
27-Jul-2021 IMPORTANT: KANGER HAD EXPLOSIVE EARNINGS MOVING FORWARD!
21-Jul-2021 PublicInvest Research Headlines - 21 Jul 2021
21-Jul-2021 Mplus Market Pulse - 21 Jul 2021
10-Jul-2021 Upbeat Earnings Moving Ahead – Kanger International Berhad
27-Jun-2021 Should you subscribe to KANGER (0170) rights issue?
15-Jun-2021 大家目前应该关注的“疫苗股”!
07-Jun-2021 The Current Status of MOUs and Agreements Relating to KANGER (0170) - Updated 4 September 2021
03-Jun-2021 RIGHTS ISSUE WITH WARRANTS APPROVED! TIME TO FLY SOON?!

Business Background

Kanger International Bhd, an investment holding company, engages in the research, development, manufacture, and trade of bamboo flooring and related products in the People's Republic of China. It operates through three segments: Investment Holding, Manufacturing and Trading, and Research and Development. It operates the business across North America, Europe, and Asia.
Analyze this stock with MQ Trader system

  13 people like this.
 
MadCow75 bilis is no pay by its boss jo... so it just simple comment for fun only...
23/09/2021 11:18 AM
MadCow75 this wshit is screen spammer... nothing just to blind u... ignore him already ok....
23/09/2021 11:19 AM
MadCow75 messi already over pass... his comment also same like his football skill.... downhill...
23/09/2021 11:20 AM
BilisMasin K4H K4H K4H K4H
23/09/2021 11:22 AM
shavemyfurm Ignore Whistlebower only la, else he will frustrating here, because got nothing new to update , just spam all day for his own happiness. Let him continue shiok sendiri
23/09/2021 11:40 AM
limyeesee Every time I comes kanger also that few people commenting only.

All work as pure spammer ke ?

hahaha, Then i would rate whistlebower99 most strong spammer, cause when pass by some counter can see same info, same thing, same newbie post.

I also started to feel is him a real joker.

Guess everyone know that who comment here not old folks also got some experience already la. To avoid or not avoid don't need your 【FOR NEW NEWBIES】post. Write something new la, Nothing write still want comment? Work for KPI as a spammer meh ? Boring af.
23/09/2021 12:06 PM
limyeesee Anyhow Nice and comfortable mask for kanger and not expensive

https://commonmask.co/products/common
23/09/2021 12:10 PM
shavemyfurm Messi is same account as whistlebower99 ke ? Run account together. Both comment same place ?
23/09/2021 12:30 PM
CUTLOST Abis loor..all kne
23/09/2021 4:31 PM
MCtrader Hahahaha, today pay haven't receive yet, so no comment today
23/09/2021 4:39 PM
MCtrader Going into mask business is a smart move from kanger, but I'm not sure if the mask can penetrate the market right now, there's too much competition
23/09/2021 4:40 PM
BilisMasin KANGER INTERSCAMNATIONAL
23/09/2021 4:46 PM
MCtrader Wow, here comes the spammer kakakaka
23/09/2021 5:03 PM
BelesBusok Today 89 Millions shares traded, 99% shares traded by the salty anchovy buy 5.5 cent sell 5 cent, kuahkuahkuah!
23/09/2021 6:13 PM
MZM2511 Total valid acceptances 329,594,347 11.79%

Total valid excess applications 1,370,417,232 49.01%

Total valid acceptances and excess applications 1,700,011,579 60.80%

Total Rights Shares available for subscription 2,796,130,182 100.00%

Not subscribed for 1,096,118,603 39.2%

In view that the Rights Issue with Warrants had achieved a subscription rate of 60.80%, the Board has decided to allot the Rights Shares to all applicants who have applied for the Rights Shares and excess Rights Shares in full.

The Rights Shares and Warrants B are expected to be listed on the ACE Market of Bursa Securities on 30 September 2021.
23/09/2021 6:59 PM
MZM2511 Total valid acceptances and excess applications 1,700,011,579 60.80%

Means:
1. RM102 million collected from the RI
2. The NOSH after RI is only at 4.496 billion
3. The total units of WB is at 1,700,011,579
4. More percentage of shareholding by Mr Kuah Chong Chin
23/09/2021 7:16 PM
whistlebower99 MZM and all Kanger loyal supporters can console each other for the under subscription. Now operator may find it easier to goreng the pisang due to lower NOSH, only 4.496 billion.

Don't forget 1.5 billion to be issued to kuah and sung.

Total will be close to 6 billion only.
23/09/2021 7:31 PM
MZM2511 whistlebower99 MZM and all Kanger loyal supporters can console each other for the under subscription.
--------------
There are positives and negatives coming with it. He He
23/09/2021 7:56 PM
Patience99 @MZM. Tks for providing the subscription details. Now hoping the management will produce the positive quarterly results moving forward. Hope all loyal kangerian can earn money moving into the future. Good luck everybody!
23/09/2021 8:19 PM
whistlebower99 MZM, hope you know when to sell when operator push up to release their fund tied up in RI. Could be similar pattern as pasukgb.
At the moment, they might just leave the price below 6 for couple of months
Good luck.
23/09/2021 8:24 PM
MZM2511 @wistlebower99. Thanks
23/09/2021 8:41 PM
Paliwar takde nak pump ke before 30hb ni hewhew
23/09/2021 10:18 PM
MadCow75 no more keyboarder... mean price may stay at this range... so big wave coming...
24/09/2021 12:34 AM
CharlesT Total valid acceptances 329,594,347 11.79%

The lowest acceptance I have ever seen in Bursa's rights issues
24/09/2021 6:30 AM
BilisMasin Big wave terciduk
Kahkahkahkah

0.040 coming
24/09/2021 8:27 AM
OrlandoOilSemiconIoT Reasonabe to assume only 5% of d 11.79% take up d 40% excess

A new substantial shareholder wil emerge
24/09/2021 8:28 AM
whistlebower99 FOR NEW NEWBIES

=================================
Ex-date = 27 Aug 2021 (COMPLETED)
Ex-Price = 0.05
Price per rights share = 0.06
==========================

Trading Rights (OR) = 01 Sep 2021 - 7 Sep 2021 (COMPLETED)
OR price at 0.005 seller quote for the entire trading period
==============================================

Acceptance and Payment = 15 Sep 2021 05:00 PM (COMPLETED)
Closing price on 15/9/21 = 0.05
=================================================

Date for announcement of final subscription result 23 Sep 2021 (COMPLETED)
Closing price on 23/9/21 = 0.055
=======================================

As expected, RI under-subscribed by 39.2%

Total issued share = 2,796,130,182 + 1,700,011,579 = 4,496,141,761 (instead of 5,592,260,364)
New WB = 1,700,011,579 (instead of 2,796,130,182)

=====================================

NEXT DATE TO WATCH

Listing Date = 30 Sep 2021

=====================================
Continue to monitor the price movement
24/09/2021 8:53 AM
whistlebower99 ANNOUNCEMENT ON RI SUBSCRIPTION RATE

KANGER INTERNATIONAL BERHAD ("KANGER" OR THE "COMPANY") I. RIGHTS ISSUE WITH WARRANTS; II. ACQUISITION; AND III. DIVERSIFICATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

On behalf of the Board, UOB Kay Hian wishes to announce that as at the close of acceptance, excess application and payment for the Rights Issue with Warrants at 5.00 p.m. on Wednesday, 15 September 2021, Kanger had received valid acceptances and excess applications for a total of 1,700,011,579 Rights Shares, which represents a subscription rate of 60.80% over the total number of 2,796,130,182 Rights Shares available for subscription under the Rights Issue with Warrants, the details of which are set out below:-

_________________________________________No. of Rights Shares______%
Total valid acceptances__________________________ 329,594,347_______11.79%

Total valid excess applications___________________ 1,370,417,232______ 49.01%

Total valid acceptances and excess applications_____ 1,700,011,579_______60.80%

Total Rights Shares available for subscription________ 2,796,130,182_____ 100.00%

Not subscribed for___________________________ 1,096,118,603_________ 39.2%

Based on the above, the Minimum Subscription Level of 333,333,334 Rights Shares for the Rights Issue with Warrants has been achieved.

The successful applicants for the Rights Shares will be given Warrants B on the basis of 1 Warrant B for every 1 Rights Share successfully subscribed for.

In view that the Rights Issue with Warrants had achieved a subscription rate of 60.80%, the Board has decided to allot the Rights Shares to all applicants who have applied for the Rights Shares and excess Rights Shares in full.

The Rights Shares and Warrants B are expected to be listed on the ACE Market of Bursa Securities on 30 September 2021.

This announcement is dated 23 September 2021.
https://www.klsescreener.com/v2/announcements/view/3429401

==========================================

1. Only 11.79% of total valid acceptance. Most shareholders not willing to contribute money to the purchase of 126 units of serviced apartment in ANTARA@ Genting Highlands
2. Director Kuah undertaking to subscribe rm20 mil of RI should be fulfilled
3. Chai woon chet shareholding equity increased due to under-subscription of 39.2%. Much higher if he also subscribed for excess. He will have more influence on the direction of the company moving forward.
4. Total amount raised = 1,700,011,579 X 0.06 = RM102,000,694
5. Purchase of 126 serviced apartment costing RM142million will now be short of RM40million which might need to be financed with Bank Loan or further issuance of shares to ESOS, PP to raise the required amount
6. Wait to see if any substantial shareholders above 5% emerged as there were none based on last Annual Report)

(Extracted from Annual Report - List of 30 largest shareholders
8. Chai woon chet 29,000,000 1.04%
9. Kuah choon ching 25mil 0.89
30. Lee chong wei 7.5mil 0.27)
24/09/2021 9:29 AM
Michael R. Newbies.... do not hope too much for a raise... could be consolidation coming any time soon coz NOSH 5bil+
24/09/2021 9:30 AM
BilisMasin Kuah kuah kuah kuah
24/09/2021 10:06 AM
Noobie123 Hello guys, my 2 sen here.....I think the biggest challenge in this huge ship is there's no single or group of shareholders large enough to influence the prices. Every time there's any effort to pull up the price, the small timers will throw.
24/09/2021 10:21 AM
CubaSaham Evegrande bermasalah di China, adakah menjejaskan perniagaan Kanger
24/09/2021 10:28 AM
whistlebower99 FOR NEWBIES ONLY

RI and excess shares operator should be happy to dispose mother at 5.5 and warrant at 1 for some profit to release their fund used in the RI.

Total issued share = 2,796,130,182 + 1,700,011,579 = 4,496,141,761
New WB = 1,700,011,579

======================================
On 26 April 2021, UOB Kay Hian had, on behalf of our Board, announced that we proposed to
undertake the following:-
(i) acquisition of 1,020,000 Sung Master Shares, representing 51.0% equity interest of Sung Master for a purchase consideration of RM94,789,436 to be satisfied via a combination of cash payment of RM51,999,999.62 and the remaining RM42,789,436.38 to be satisfied via the issuance and allotment of 713,157,273 Consideration Shares at the issue price of RM0.06 per Consideration Share; and
(ii) issuance of 769,513,179 Subscription Shares, representing approximately 27.98% of the total issued Shares at the subscription price of RM0.06 per Subscription Share to Mr. Steven Kuah.

=========================================
Above acquisition of 51% of Sung Master will add another 713,157,273 + 769,513,179 = 1,482,670,452 shares to NOSH.

NOSH = 4,496,141,761 + 1,482,670,452 = 5,98,812,213 hitting 6 BILLION anytime soon after.
WB = 1,700,011,579

==========================================

NEWBIES, be careful not to be attracted by the current low price. Better to buy at higher price when Mr Kuah can prove to bring in the profits from his projects.
24/09/2021 12:06 PM
OrlandoOilSemiconIoT Only 11.79%

Who d hell approved d purchase of d 126 units at EGM?

Who is calling d shots in tis co??


1. Only 11.79% of total valid acceptance. Most shareholders not willing to contribute money to the purchase of 126 units of serviced apartment in ANTARA@ Genting Highlands
24/09/2021 12:37 PM
MZM2511 whistlebower99

..... NEWBIES, be careful not to be attracted by the current low price.
-----------------------

LOW PRICE ?

What should we do then??????? Be wise, but TAYOR
24/09/2021 12:39 PM
skylimit88 super bargian now .. undervalued co
24/09/2021 1:06 PM
skylimit88 aiya blow water.. when sung show profit kanger share price already.. operator kaki ka?
24/09/2021 1:07 PM
whistlebower99 Super bargain? Sung unlisted is worth about rm200mil.
Kanger market cap worth only RM300mil.

Penny stocks directors like to pay for high price assets?
24/09/2021 1:33 PM
skylimit88 lalalala.. whistlebower blow water again.. scam retailer
24/09/2021 1:42 PM
birdparadise Hahahaha all this sin karlin let them say what they want,as long i ada confident in Kangar sudah cukup

Steady lah relax lah ,kalau mau dapat ikan besar pun mau sabar.
Hahahaha i suka play play penny stocks punya, Wakaka.
24/09/2021 3:03 PM
rr1688 REAL ESTATE up despite pandemic...airbnb is the greatest REAL ESTATE company...KANGER is in REAL ESTATE now...airbnb target price usd210...KANGER target price usd21...
24/09/2021 3:24 PM
rr1688 vitrox share price from RM0.18 increase to RM20.46...i love penny stocks...
24/09/2021 3:27 PM
rr1688 hong seng share price from RM0.03 increase to RM2.09 ...i love penny stocks...
24/09/2021 3:30 PM
skylimit88 ignore them.. when penny stock become undervalued gem, "value investors" will chase and buy
24/09/2021 3:40 PM
skylimit88 funny right
24/09/2021 3:40 PM
pearlcapital today seems quite here, no keyboard warrior today?
24/09/2021 5:20 PM
pearlcapital @rr1688 yup so many nice penny stock
24/09/2021 5:21 PM
MadCow75 i already say.. all this ham kar chan get pay and go home eat lang par jo... why still wan hang in here... no boss pay them, who willing to write...
24/09/2021 9:41 PM
MadCow75 u see bilis.. very cheap plug also get pay... now u see its?? ya ya.. a day 2 line comment... only kah kah kah...
24/09/2021 9:42 PM
MadCow75 so operator already collect full load... now only wait for timing...
24/09/2021 9:43 PM


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