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2023-10-24 15:42 | Report Abuse
KUALA LUMPUR (Oct 24): Two former top officials of GIIB Holdings Bhd, namely former executive director Wong Ping Kiong and former CEO Tai Boon Wee, were on Tuesday discharged and acquitted by the High Court of charges related to the furnishing of fake documents to the company’s auditor Grant Thornton Malaysia PLT over the sale of RM2.95 million worth of machinery that allegedly did not exist.
2023-10-24 15:10 | Report Abuse
Relax. Keep monitoring if there is any sign of pump and dump activities.
For me, this uptrend scenario is a little bit different from what happened when Kanger counter was in downtrend mode two years earlier.
After breaking 11.5 sen resistance, it should test 15 sen.
What is the market and/or operators expectation can be seen in a couple of days.
I'm still in cautious mode!!!! Trade at your own risks. He He He
3 days ago
2023-10-24 15:07 | Report Abuse
Anyways, Kanger now I think in a better condition... Both fundamentally and TA. Just my observation. I'm no chartist... TAYOR
2023-10-24 14:59 | Report Abuse
Atau 4. Kemasukan pemegang share baru melalui private placement.... TAYOR
2023-10-24 14:54 | Report Abuse
Stock: [KANGER]: KANGER INTERNATIONAL BERHAD
1 week ago | Report Abuse
MZM2511
Antara kemungkinan:
1. Akan ada berita baik berkaitan apa-apa aktiviti yang boleh meningkatkan syarikat.
2. Ada pihak yang cuba naikkan harga untuk jual syer yang dahulunya di beli lebih tinggi
3. Mungkin juga syarikat cuba untuk naikkan harga jika ada plan untuk cadang RI baharu atau ESOS. Mungkin untuk atasi kekurangan tunai dalam syarikat atau membiayai projek syarikat.
4. ....
5. .....
3 weeks ago
...............................
Item no. 2, Si Tung Nai dah dispose syer. Apa lagi kemungkinan yang akan berlaku ya?
2023-10-24 14:52 | Report Abuse
@Peace99. Got no idea. As I wrote before no news after the share started to up until today.
2023-10-23 21:43 | Report Abuse
I am no chartist....
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
2023-10-23 21:27 | Report Abuse
The real typoon or earthquate is already blustering KNM....
Sincerely I want to ask kylie, what's happening actually????
2023-10-23 20:15 | Report Abuse
No news at all yet???????????
2023-10-20 12:34 | Report Abuse
KNM price has been down 41% in 2 weeks' time.... Unusual... Bursa please monitor this company also... He He He
2023-10-20 10:41 | Report Abuse
I am no chartist....
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.
2023-10-20 10:37 | Report Abuse
@kyliew. You better be a guard @KNM. This counter is not so good because its not a PN17 listed counter. Why so eager to spit your venom here????
2023-10-18 15:18 | Report Abuse
puting beliung there. kyliew cuba berlindung @kanger. He He He
2023-10-17 22:58 | Report Abuse
Michael Kwok
Kanger 11 cents
Resistance 11.5 cents then talk of passing 15 cents
12/10/23 1.20pm
**by the way got over 155 followers.
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The resistance @11.5 has been broken today at the end of afternoon session....
Wondering where the direction of Kanger share price will go, especially tomorrow....
I'm still in cautious mode!!!! Trade at your own risks. He He He
2023-10-17 22:52 | Report Abuse
@kyliew...
Beberapa perkara yang boleh diperhatikan oleh kyliew tentang Kanger:
1. Kanger sudah banyak melakukan penstrukturan termasuk menjual syarikat di Republik Rakyat China yang terlibat dengan bamboo. Beberapa quarter ia mencatat kerugian yang banyak. Antara faktor yang menyebabkan harga saham berada dalam downtrend sehingga jatuh pada tahap lantai 3-4 sen. Proses disposal subsidari di di China telah selesai, dan saya menjangkakan dalam quarter terdekat tiada lagi tekanan kerugian dari kerugian penjualan subsidiari dan kos-kos impairment yang ditanggung sebelum ini.
2. Consolidation yang dibuat mengukuhkan kedudukan akaun/kewangan syarikat. Terutama bagi mengatasi masalah kerugian semasa penstrukturan / penjualan subsidari yang dibuat. Sekarang pun, selepas penstrukturan, NTA masih boleh berada pada tahap 40 sen lebih. Boleh menampan sekalipun syarikat terpaksa mengalami kerugian operasi dalam beberapa quarter yang akan datang.
3. Prospek dari pembelian aset kondo Antara@Genting yang mungkin boleh menimbulkan keuntungan di masa depan.
4. Prospek keuntungan dari trading construction material melalui subsidari Sung Master.
5. Kos pegangan insider Kanger adalah tinggi, contohnya mereka yang subcribe RI pada harga 6 sen sebenarnya menanggung kos sebenar 60 sen satu syer (selepas consolidation). Dengan itu, kalau mahu keluar sekalipun dari Kanger, logiknya harga saham perlu dinaikkan terlebih dahulu bagi mengurangkan kerugian disposal saham mereka. Oleh itu saya TARGET,,,, harga saham boleh mencecah harga lebih dari 60 sen (Faktor time frame adalah sukar ditentukan)...
6. Rumours yang menyatakan kemungkinan ada pihak yang mungkin ambil alih Kanger, bagi saya logik dan ada berkemungkinan.
Berhati-hati... dan Trade At Your Own Risks!
2023-10-17 22:50 | Report Abuse
As I noted, kyliew is not a familiar people here. I am here as soon as in early 2021.
So many problems arised, but I kept my shares and monitoring the companys progress.
I think the company is in better position now.....
I am suspecting you have an intention of fishing here because you already missed this boat???
2023-10-17 22:36 | Report Abuse
Why bring Netx, KNM or Mtronic here???? Are the insider or management the same group of people????
KNM for example still with full of drama. With PN17 status, big amount of debt, more than 4 billion shares and management tussle on the play..... Very risky...
By the way, Kanger is not a PN17 counter, has only 600 milion plus shares, debt status still manageable dan can be a target of potential new investors. It has a lower risk.
2023-10-17 16:33 | Report Abuse
I am just wondering what should be the reason/s for the price of Kanger shares uptrending from the floor price 3 sen to 12.5 sen.....
2023-10-17 16:30 | Report Abuse
Let them individually interpret the rythm of the music... Trade at our own risks. He He He
2023-10-17 15:19 | Report Abuse
Anyways,,, the new definition of good stocks will be:
It mus be a PN17 listed company and the company with a huge debt...
2023-10-17 15:04 | Report Abuse
@kyliew.
Stock: [KNM]: KNM GROUP BHD
1 day ago | Report Abuse
This ship will Sink back between 5 and 10cents....i will come back in few weeks
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Please don't leave your KNM counter!!!!
Now, are you fishing here because you alreading missing this boat???
Say it clearly, then we can understand you. He He He
2023-10-17 12:37 | Report Abuse
@SALAM. Kalau macam tu, mana ada seronok.. He He He
2023-10-17 10:16 | Report Abuse
Please tell us what should be the reason/s for the price of Kanger shares uptrending from the floor price 3 sen to 12.5 sen....
Rather than just talk negatively, we are happy to discuss any idea from our friend. He He He
2023-10-17 10:08 | Report Abuse
Why bring Netx, KNM or Mtronic here???? Are the insider or management the same group of people????
2023-10-17 10:03 | Report Abuse
Anyways, lately Kanger continued to be in uptrend.... Hope it will continue in uptrend mode.
2023-10-16 11:33 | Report Abuse
Did OKU_2020 ever hold any Kanger shares???
Anyways, lately Kanger continued to be in uptrend.... Hope it will continue in uptrend mode.
2023-10-16 00:00 | Report Abuse
@Patience99. You're welcome. Hope Kanger at least will be like Yongtai.... He He He.
2023-10-15 22:54 | Report Abuse
Also we can evaluate Kanger current ratio.
The current ratio, also known as the working capital ratio, measures the capability of a business to meet its short-term obligations that are due within a year.
Kanger current ratio = Current Assets / Current Liabilities = RM141,171,000 / RM48,619,000 = 2.9 (means 2.9 X).
The business currently has a current ratio of 2.9, meaning it can easily settle each Ringgit Malaysia on loan or accounts payable nearly thrice. A rate of more than 1 suggests financial well-being for the company.
2023-10-15 22:32 | Report Abuse
@Patience. 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.
Anyways, there are more ways to evaluate the company’s financial performances..... TAYOR
2023-10-15 22:31 | Report Abuse
@Kyliew. You are comparing Kanger with a different company with a different sector/industry of businesses , different size of share numbers and different "political drama" concerning its shareholding among its shareholders. Anyways, KNM is a PN17 company but Kanger is not... He He He
2023-10-15 12:25 | Report Abuse
Michael Kwok
Kanger 11 cents
Resistance 11.5 cents then talk of passing 15 cents
12/10/23 1.20pm
**by the way got over 155 followers.
2 days ago
2023-10-14 16:45 | Report Abuse
yalah OKU_2020!!! Untuk saya Nexgram dan Bornoil.
Cuma, harap-harap bukan semua kaunter sama keadaannya.
2023-10-14 15:05 | Report Abuse
Hahahaha satu bulan lebih sikit sudah naik 300per cent,walloa eh Wakaka
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Sudah lama sangat dia downtrend.
Mungkin sudah capai dan berada pada harga lantai 3-4 sen cukup lama.
Uptrend lah pulak.. He He He
2023-10-14 15:01 | Report Abuse
Kanger involves in
1. manufacturing and trading (construction materials)
2. project management services.
3. trading of medical and healthcare products
4. Construction works
2023-10-13 12:39 | Report Abuse
1 x sahaja. Saya pos dua kali apabila ambil sumber text yang berlainan. Maaf.
2023-10-13 11:59 | Report Abuse
The Subject Properties entails 126 units of proposed serviced apartments located on
the 30th to 45th floors of Tower A, Antara @ Genting Highlands. Antara @ Genting
Highlands, which is currently being developed by AKSB, is an on-going residential
development consisting of 4 towers with 1 floor of commercial/ retail space, 1 floor
dedicated to a convention hall and 3 floors of common amenities and facilities, atop a
10 storey car park podium situated on a piece of freehold land held under Title No.
GRN 45572 (formerly HSD 18603), Lot 43031 (formerly PT 23923), Mukim and District
of Bentong, Pahang Darul Makmur.
2023-10-13 11:36 | Report Abuse
@Peace99.
Acquired 126 units of service apartments at Antara @ Genting Highlands for RM142.87 million. Average cost per unit RM1.13 million.
2023-10-12 14:14 | Report Abuse
MZM2511
Antara kemungkinan:
1. Akan ada berita baik berkaitan apa-apa aktiviti yang boleh meningkatkan syarikat.
2. Ada pihak yang cuba naikkan harga untuk jual syer yang dahulunya di beli lebih tinggi
3. Mungkin juga syarikat cuba untuk naikkan harga jika ada plan untuk cadang RI baharu atau ESOS. Mungkin untuk atasi kekurangan tunai dalam syarikat atau membiayai projek syarikat.
4. ....
5. .....
3 weeks ago
...............................
Item no. 2, Si Tung Nai dah dispose syer. Apa lagi kemungkinan yang akan berlaku ya?
2023-10-12 14:05 | Report Abuse
Apa rancangan depa seterusnya....
2023-10-04 19:49 | Report Abuse
MZM2511
Antara kemungkinan:
1. Akan ada berita baik berkaitan apa-apa aktiviti yang boleh meningkatkan syarikat.
2. Ada pihak yang cuba naikkan harga untuk jual syer yang dahulunya di beli lebih tinggi
3. Mungkin juga syarikat cuba untuk naikkan harga jika ada plan untuk cadang RI baharu atau ESOS. Mungkin untuk atasi kekurangan tunai dalam syarikat atau membiayai projek syarikat.
4. ....
5. .....
2 weeks ago
--------------------
Nak main saham ertinya terpaksa menghadapi risiko. Mesti ada risiko, sama ada besar atau kecil....
Kali ini... memang saya sendiri berhati-hati.... tetapi mujurlah sempat juga ambil kesempatan. Belum lagi jual walaupun sudah dapat banyak juga recover rugi (on paper) atas alasan ingin terus menghadapi risiko..... Sama-samalah berhati-hati. TAYOR
2023-10-04 19:44 | Report Abuse
25.9.23 sudah lepas beberapa sesi trading. Harga saham terus naik. Apa rancangan depa seterusnya....
Yang penting ada bilis yang cerdik ambik kesempatan untuk beli pada harga 3 - 4 sen .....
sekarang sudah untung banyak. Tinggal bilis yang asyik menangisi rugi lama takut untuk ambil kesempatan sahaja yang masih menyalak menangisi kerugian lama... He He He.
2023-09-29 12:48 | Report Abuse
@JJPTR. The money has been collected from the RI means to pay for Genting Vondo acquisition.
.
2023-09-29 12:42 | Report Abuse
Relax. This time I think no sign of pump and dump yet. Maybe it still in its accummulation stages.
I think it's worth to monitor. TAYOR
2023-09-22 16:30 | Report Abuse
Relax. Hope it's not in a pump and dump situation. Hope it still in accummulation stages.
I think it's worth to monitor. TAYOR
2023-09-15 14:35 | Report Abuse
Tak apa... Asal jangan jadi bahan pump and dump dari pihak shark... Yang lain semua ok. He He He
2023-09-15 13:18 | Report Abuse
Antara kemungkinan:
1. Akan ada berita baik berkaitan apa-apa aktiviti yang boleh meningkatkan syarikat.
2. Ada pihak yang cuba naikkan harga untuk jual syer yang dahulunya di beli lebih tinggi
3. Mungkin juga syarikat cuba untuk naikkan harga jika ada plan untuk cadang RI baharu atau ESOS. Mungkin untuk atasi kekurangan tunai dalam syarikat atau membiayai projek syarikat.
4. ....
5. .....
2023-09-15 13:12 | Report Abuse
Tengok ajalah.... Cuma bagi saya mungkin ada rancangan pihak tertentu menyebabkan ada pergerakan sedikit harga setelah sekian lama dalam keadaan down trend.
Semuanya mungkin baik, asalkan saja boleh gerakkan sedikit harga ke atas.. TAYOR
2023-09-13 15:22 | Report Abuse
Posted by OKU_2020 > 1 month ago | Report Abuse
2 sen coming
----->
Posted by OKU_2020 > 3 weeks ago | Report Abuse
GLOOOMY outlook
be prepared 2 sen
---------->
Posted by OKU_2020 > 13 hours ago | Report Abuse
Trap Liao
3 SEN COMING
@@@@@@@@@@
????????!!!!!!!!!????????..... OKU_2020. Fenning sudah! He He He
Stock: [KANGER]: KANGER INTERNATIONAL BERHAD
2023-10-24 17:26 | Report Abuse
“Cough” Those subscribed RI in 2021 with adjusted price RM0.60 still suffer 79% loss. Company still loss making up to Q5. These are the facts.
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It's not that severe for the RI subscribers who have a gut to add some shares or warrants @3-45 sen and 1-1.5 sen respectively. I did it... Fortunately.