You know I know la, who is behind this superbull

Kanger back on steam today??

Antara is coming.... time to push up

goreng anytime soon, this is the bottom now

penny stock is a goldmine for those that know how to play, I think shavemyfurm know the pennystock playrule

Lets see who will laugh till the end

DickyMe Post removed. Hahahahaha

Superbullshit is here with his wrong prediction again!

Hold now ! road to 10 sen!

Very close to goreng now!

sweet price range now

Volume is back!

Everything is open, going maskless soon! Genting full with tourists again!

Hahaha, see you at RM 2!

KANGER had done the following:

1. Acquired properties from Aset Kayamas.
2. Had RM1.0 billion worth of construction projects on hand (potentially from Aset Kayamas).
3. Acquired 51% of Sung Master, who supplies to Aset Kayamas.
4. Emergence of new substantial shareholder which is expected to be PAC from Aset Kayamas end.

Definitely something interesting is brewing in KANGER side for now.

superbull8798 hahaha, spread wrong info again, all calculation are wrong

When goreng???

Hehehe, push it up

That being said, I wanted to highlight to investors that the PPE and investment properties of the company includes the Genting Highland project by Aset Kayamas.
It is understandable that the auditor must adjust the properties value based on 31st December 2021 cash flow forecast for the property.
But there is a very great chance that the company would write back the fair value loss and record a fair value gain in the next quarter, as we know borders are reopening by 1st April.

The Edge had also reported that the company is disposing its China-based bamboo flooring company, Ganzhou Kanger Industrial Co Ltd for RM20.0 million to Zeng QinHu. This would allow the company to realign their focus on the construction business, which generated RM45.9 million in revenue while the remaining were contributed by the newly acquired Sung Master

Interestingly, both of the companies are closely related to Aset Kayamas, too.
The management had also disclosed their growth plans for Kanger in 2022.

At least for the latest 5 quarters ended, RM7.7 million is the lowest loss ever that the company had reported so far.
Also, this might be a kitchen sinking activity executed by the management to clean up the balance sheet. At least by now, the assets are considered at “book value”.

This sums up to RM125.1 million of one-off and non-cash exhaustive loss for the quarter.
However, we must also factor in that there are some one-off income for the company, which includes:
• RM3.1 million on gain on disposal of PPE, and
• RM54.6 million on gain on disposal of subsidiary company
This sums up to RM57.7 million of one-off income for the quarter.
The net loss for the quarter under review amounted to RM75.1 million, and if you were to normalize the RM125.1 million one-off loss and RM57.7 million worth of one-off income, by right the company only suffered RM7.7 million in net loss.

Most might have dire thoughts about the company by now, but that is far from the truth.
In this quarter, the company suffered multiple one-off expenses, which includes:
• RM2.5 million on impairment loss on inventories
• RM31.1 million on impairment loss on trade and other receivables
• RM3.6 million on impairment loss on other investments
• RM10.5 million on impairment loss on intangible assets, and
• RM77.4 million of fair value loss on investment properties amounting to RM77.4 million

market boom soon, stay tune!

go for long term, support support!

solid as you said

@davidts95 touching 0.07sen again, wait for what

woooo, 0.2 now

Why up so much? big announcement coming?

Hahaha, Haters are like that one, red that time u see them everywhere, when up, suddenly silence

most people talk here dont even own the share ...

Lol, this is the first step of kanger to get involved in the property/construction sector, pretty sure in 1 year time will bring profit to the company.

Dont forget Kanger had bought 51% of Sung Master which provide construction material to Aset Kayamas, I believe there will be more potential project from Aset Kayamas which will benefit Kanger in the future

@StevenKhoo111 The wind already blow on another direction for Kanger as Kanger are involved in more diverse sector instead of relying on sole bamboo business

Kakaka, cant even differentiate 2024 and 2026

^agree with this, when create a whistlebower telegram group? Let me join and have some real market insight!

@micheal42 sign of goreng or a trap??

@Patience99 Lol, this whistlebower is just a paid actor man, giving good stock too invest is not in his job scope

New shareholder incoming? Announcement soon I think, what do you guys think?

https://klse.i3investor.com/blogs/dbedw/2021-10-05-story-h1591902101-Validation_from_my_last_prediction_something_is_brewing_in_KANGER.jsp

Definitely looking good, any profit sure is welcome

Upon conversion of the land parcel from industrial to commercial status, both parties will enter into a definitive agreement whereby the final purchase price will be determined based on the market value of commercial land in the same area which is estimated to be RMB400 million (RM258.9 million)

Only estimated amount for now, it might rise or drop, who knows

Wow, here comes the spammer kakakaka

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

Hahahaha, today pay haven't receive yet, so no comment today

yes, selling pressure all consumed up

thanks sumalia selling cheap shares, hard to collect cheap shares for undervalued company

lol sales just begun? today green again arbb

this stock.. macam steady price d

wow strong rebound today.. squeeze the shrot traders

strong buy queue..

@birdparadise ya, all about timing, you can see the pattern if u study the chart enough

Of course this whistlebower99 wont answer these question lah, he just copy the comments from the script