@wistlebower99.

To repost another comments as a conversation.

MORAL OF THE STORY IS, we also has to learn on some of the companies which had a successful and progressing after executed their RI exercises.

Different companies has a different management............ which we can't simply judge it before it's become a reality.

---------------

nubiskubissss MZM2511 >>> do you know any penny stocks which are progressing after executing their RI?
27/08/2021 10:57 AM


MZM2511 @nubiskubissss.

One of them. Look at some PP and RI done by Hong Seng. What is the state of Hong Seng right now. The company's price between 4.5 sen - RM1.87 (now)
27/08/2021 11:08 AM


MZM2511 @nubiskubissss. You can find more if you search for it.
27/08/2021 11:10 AM

Peace99 May I also add dolphin RI 6 sen, TFP 3 sen, now both are trading higher, esp. TFP

whistlebower99 Don't think the Operator so kind to push up the price to above RI price for you to sell your shares to subscribe the RI.
---------------
My answer as stated:

WON' SUBSCRIBE IF THE PRICE BEFORE THE END OF ACCEPTANCE DATE IS NOT UPPER THAN 6 SEN.

MY FOOLISH LOGIC IS, IF THE PRICE CAN'T BE PUSHED UP BEFORE THE LAST DATE OF THE RI ACCEPTANCE, I'M MORE FOOLISH TO BELIEVE THAT THE PRICE WILL BE PUSHED UP HIGHER AFTER THE LISTING OF THE NEW RI SHARES (at least in the short term after the RI share listing). IT'S THE LOGIC FROM ECONOMICS THEORIES.

IF THEY DON'T PUSH THE PRICE, LET THEIR RI EXERCISE FAIL.

@OrlandoOilSemiconIot. Stil want to stick to your no 0.06 no subscribe?
--------------

Yes. I did stated here earlier about that. You can check the posting as below:

---Stock: [KANGER]: KANGER INTERNATIONAL BHD

Aug 27, 2021 3:20 PM | Report Abuse

@hlh1962. Yes. The new warrant also probably listed and ready for transaction on the same date.

Frankly, I will subscribe the RI shares only in a condition that the share price before the last date for acceptance and payment @ above 6 sen, for instance @ 7 sen above.

Others, maybe have different plan. TAYOR.

-------------------------------------------------------
And:

1. But I really have a high hope that the price should be pushed up to at least more than 6 sen. It's will gives me the confidence to subscribe the RI share.

I still believe Kanger''s RI also will be a success. I have a feeling that the price would be push up to more than 6 sen before the last date of subscription date.

2. If the price is not higher than 6 sen. I will not subscribe the RI. But its does not mean I will sell my current shares and opt out from Kanger. If I opted out, I have to cut loss. I don't like to cut loss any counter which I invested until i lost hope on future prospects of the counter. I still have hope on Kanger, and I will make the my plan B about my investment in Kanger later.

OrlandoOilSemiconIoT MZM u r d foolish one to say tis

.... RI shares at 6 sen each share? For me, its only the foolish decision to be made.
---------------

Please read carefully about this point. Please use your math or accounting skills. Do calculations.
You maybe get my point.

For example: Sell now at 5.5 sen. And then later buy RI shares @ 6 sen. Instantly we loss 0.5 sen.

Yes, we can add the value from the free Warrant B that we can have if we subscribe. We can sell it at let say 1.5 sen. The value of one share after subscription will be depend on the market price of the share after the the listing of new RI shares. The NOSH will be greater and the probabilty of the price to be pushed down also greater.

MY FOOLISH LOGIC IS, IF THE PRICE CAN'T BE PUSHED UP BEFORE THE LAST DATE OF THE RI ACCEPTANCE, I'M MORE FOOLISH TO BELIEVE THAT THE PRICE WILL BE PUSHED UP HIGHER AFTER THE LISTING OF THE NEW RI SHARES (at least in the short term after the RI share listing). IT'S THE LOGIC FROM ECONOMICS THEORIES.

After all. Its only my foolish idea. The clever people will never listened to an foolish man ideas. He He
TAYOR.

@wistlebower99.

To repost another comments as a conversation.

MORAL OF THE STORY IS, we also has to learn on some of the companies which had a successful and progressing after executed their RI exercises.

Different companies has a different management............ which we can't simply judge it before it's become a reality.

---------------

nubiskubissss MZM2511 >>> do you know any penny stocks which are progressing after executing their RI?
27/08/2021 10:57 AM


MZM2511 @nubiskubissss.

One of them. Look at some PP and RI done by Hong Seng. What is the state of Hong Seng right now. The company's price between 4.5 sen - RM1.87 (now)
27/08/2021 11:08 AM


MZM2511 @nubiskubissss. You can find more if you search for it.
27/08/2021 11:10 AM

Peace99 May I also add dolphin RI 6 sen, TFP 3 sen, now both are trading higher, esp. TFP
27/08/2021 11:12 AM

whistlebower99 OKU-2020 waiting for you at nexgram. why run away?
stop lying.
---------------
What? Is it true that your ID also one the clone ID of OKU_2020? The ill intention spammer with 1,000 IDs.

@dem777
----------

Oh saya faham. dem77 sama dengan wistlebower99.

Sama dari segi modus operandinya.

Dari baka klon "ill intention spammer/naysayer" yang sama.

Maaflah ya. Kalau salah tekaan saya. He He

Can check here: https://klse.i3investor.com/servlets/cube/post/dem777.jsp

OrlandoOilSemiconIoT The part whr Kanger raised fund for gloves venture thn never said a word abt it shaken people to their cores
-----------------

Referring to Kanger raised fund for glove venture issue can be explained in this answers by Kanger for the query by BURSA.

Please be noted:

6. As mentioned previously, we intend to proceed cautiously on this venture and therefore the production lines will be commissioned and installed gradually in stages. The purchase of the Land, building of a new factory, installation of initial lines and working capital will be funded through a combination of borrowings and equity injections from the shareholders of Kanger Glove, which include Kanger, CHL and any other investors brought by Kanger and CHL. The breakdown of debt and equity has not been determined, as it would depend on the ability to secure loan facilities from commercial banks. However, we would conservatively target a debt to equity ratio of not more than 50% at this point.

As for Kanger’s share of the equity contribution, it will be sourced from internally generated funds and proceeds from our Redeemable Convertible Notes (“RCN”) facility. We have just completed raising RM33.0 mil cash proceeds from the RCN facility, which is almost half of the estimated initial setup cost of the new factory and machinery (excluding land acquisition) of RM70.0 million. We are also exploring leveraging our newly completed commercial buildings in Ganzhou, Jiangxi Province, People’s Republic of China to raise additional funds, if required. At present, we believe the Ganzhou land & buildings are less than 20% leveraged when compared to our conservative estimation of its current market value.

OrlandoOilSemiconIoT.

Here some updated information about the Head of Agreement between Kanger and Castellation Holding Ltd concerning glove venture. My article was updated based on the information reported in the Abridged Prospectus for the RI. You can check other information in the said document.
--------------

6. A Head of Agreement between Kanger and Constellation Holdings Ltd, Dubai regarding the setting up of medical examination gloves manufacturing operations in Malaysia.

Progress of the agreement:

a) Based on an announcement at BURSA dated 11 August 2020.

- The company has received a formal Expression of Interest letter (“EOI”) dated 9 August 2020 from Constellation Holdings Limited, Dubai for collaboration in the setting up of medical examination gloves operations in Malaysia.

b) Based on an announcement at BURSA dated 14 August 2020.

- The company had, on 13 August 2020 entered into a heads of agreement with Constellation Holdings Limited.
- Kanger is setting up a glove manufacturing plant in Ijok, Selangor for about RM77 million.
- Kanger has incorporated a wholly-owned subsidiary, Kanger Glove Manufacturing Sdn Bhd, which will acquire around five acres in Ijok for RM6.8 million.
- Kanger Glove would spend RM70 million to build the plant and install up to eight production lines to produce medical, surgical and/or nitrile glove.

c) Based on an announcement at BURSA dated 21 August 2020.

- The Company provided additional information pursuant to the queries by BURSA.
- The company need to apply for the relevant regulatory approvals for setting up the factory.

d) Based on an announcement at BURSA dated 30 August 2021.

- Kanger Abridged Prospectus For The Right Issue reported that, as at the LPD, Kanger has acquired the 3 lots of identified land pursuant to the completion of SPA I, SPA II and SPA III. The 3 lots of identified land acquired at the total amount of RM6.8 million.

- Acquisition of land under SPA I was completed on 19 March 2021, involving the purchase of a piece of vacant leasehold agriculture land held under PM 51, Lot 3518 Seksyen 2, Pekan Bestari Jaya, Daerah Kuala Selangor, Negeri Selangor measuring approximately 0.4887 hectares for a purchase consideration of RM1,000,000.00 to be entirely satisfied via cash.

- Acquisition of land under SPA II was completed on 19 March 2021, involving the purchase of a piece of vacant leasehold agriculture land held under PM 52, Lot 3517 Seksyen 2, Sungai Rambai, Batang Berjuntai, Pekan Bestari Jaya, Daerah Kuala Selangor, Negeri Selangor measuring approximately 0.484 hectares for a purchase consideration of RM1,000,000.00 entirely satisfied via cash.

- Acquisition of land under SPA III was completed on 16 October 2020, involving the purchase of a piece of vacant leasehold agriculture land held under PM 79, Lot 1765, Tempat Batu 28 Ijok, Mukim Ijuk, Daerah Kuala Selangor, Negeri Selangor measuring approximately 1.2368 hectares for a purchase consideration of RM4,800,000.00 entirely satisfied via cash.

- Building of the factory has yet to commence and Constellation Holdings Limited has yet to acquire 49% equity of Kanger Glove.

Remark: As at the LPD, no definitive agreement has been entered into between the parties in relation to the said Heads of Agreement.

UPDATED AT : https://klse.i3investor.com/blogs/mzm511/2021-06-07-story-h1566103030-The_Currents_Status_of_MOUs_and_Agreements_Relating_To_KANGER_0170.jsp

@wistlebower99.

I asked you this simple question so many times.
Never get the answer from you.
Therefore I dare to call you an ill intention spammer/naysayer here.

Do you have any shares in Kanger?
I think if you don't have any, for sure you intention here will be in question.

whistlebower99.....

JUST SAY THAT YOU HAVE SHARES IN KANGER.

If your answer is YES, you are a F. O. O. L, because you are trying to burn your own f. o. o. l head.

If your answer is NO. you have BAD INTENTION on Kanger and its shareholders.

@DaitoRyu. He He He

@wistlebower99.

To repost another comments as a conversation.

MORAL OF THE STORY IS, we also has to learn on some of the companies which had a successful and progressing after executed their RI exercises.

Different companies has a different management............ which we can't simply judge it before it's become a reality.

---------------

nubiskubissss MZM2511 >>> do you know any penny stocks which are progressing after executing their RI?
27/08/2021 10:57 AM


MZM2511 @nubiskubissss.

One of them. Look at some PP and RI done by Hong Seng. What is the state of Hong Seng right now. The company's price between 4.5 sen - RM1.67 (now)

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3147350

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3088507

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=2991320
27/08/2021 11:08 AM


MZM2511 @nubiskubissss. You can find more if you search for it.
27/08/2021 11:10 AM

Peace99 May I also add dolphin RI 6 sen, TFP 3 sen, now both are trading higher, esp. TFP
27/08/2021 11:12 AM

@OrlandoOilSemiconIot. Stil want to stick to your no 0.06 no subscribe?
--------------

Yes. I did stated here earlier about that. You can check the posting as below:

---Stock: [KANGER]: KANGER INTERNATIONAL BHD

Aug 27, 2021 3:20 PM | Report Abuse

@hlh1962. Yes. The new warrant also probably listed and ready for transaction on the same date.

Frankly, I will subscribe the RI shares only in a condition that the share price before the last date for acceptance and payment @ above 6 sen, for instance @ 7 sen above.

Others, maybe have different plan. TAYOR.

-------------------------------------------------------
And:

1. But I really have a high hope that the price should be pushed up to at least more than 6 sen. It's will gives me the confidence to subscribe the RI share.

I still believe Kanger''s RI also will be a success. I have a feeling that the price would be push up to more than 6 sen before the last date of subscription date.

2. If the price is not higher than 6 sen. I will not subscribe the RI. But its does not mean I will sell my current shares and opt out from Kanger. If I opted out, I have to cut loss. I don't like to cut loss any counter which I invested until i lost hope on future prospects of the counter. I still have hope on Kanger, and I will make the my plan B about my investment in Kanger later.

weirdvilante @MZM2511 on what page of the QR report we can see the NTA ?

-------------
For the EPS:

The 4QR 2021 EPS is 0.52 sen (individual quarter result). For 12 months result is 0.42 sen (FY 2021 result)

Please look at the 4QR 2020 report. At CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME, page 1.

For the NTA:

The 4QR 2021 NTA is 11 sen

Please look at 4QR 2021 report. At CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION, page 2

Source: https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3188999

OrlandoOilSemiconIoT MZM u r d foolish one to say tis

.... RI shares at 6 sen each share? For me, its only the foolish decision to be made.
---------------

Please read carefully about this point. Please use your math or accounting skills. Do calculations.
You maybe get my point.

For example: Sell now at 5.5 sen. And then later buy RI shares @ 6 sen. Instantly we loss 0.5 sen.

Yes, we can add the value from the free Warrant B that we can have if we subscribe. We can sell it at let say 1.5 sen. The value of one share after subscription will be depend on the market price of the share after the the listing of new RI shares. The NOSH will be greater and the probabilty of the price to be pushed down also greater.

MY FOOLISH LOGIC IS, IF THE PRICE CAN'T BE PUSHED UP BEFORE THE LAST DATE OF THE RI ACCEPTANCE, I'M MORE FOOLISH TO BELIEVE THAT THE PRICE WILL BE PUSHED UP HIGHER AFTER THE LISTING OF THE NEW RI SHARES (at least in the short term after the RI share listing). IT'S THE LOGIC FROM ECONOMICS THEORIES.

After all. Its only my foolish idea. The clever people will never listened to an foolish man ideas. He He
TAYOR.

@Patience. Sorry keep deleting and re post. Only to make correction / errata.
By the way. I am not so good in English. He He

OrlandoOilSemiconIoT As long as thr r still many days to go sufficient number of days to sell d mother now n use d proceed for d RI d price wil not go more thn 0.06 in d meantime
-------------------------
Any way, why we consider to sell at 6 sen or below just to cash out and prepare the cash to pay for RI shares at 6 sen each share? For me, its only the foolish decision to be made.

I think there are no such investor who sell at this lower price in preparing for RI share subcription.

Selling or buying at this range of price would be done by operators, traders and the current shareholders (Shareholders who are planning to cash out and opting out to subcribe the RI shares)

Just my opinion only.

OrlandoOilSemiconIoT As long as thr r still many days to go sufficient number of days to sell d mother now n use d proceed for d RI d price wil not go more thn 0.06 in d meantime

Later wil decide by fundamentals
------------------------

Not agree on your first point. Later I will explain in the next post.

For the second one, its not only will be decided by fundamental. Sometimes it also will be determined by any plans by the company or its operator to cook up the price before the last date of subscription.

The main logic that I can think is concerning the success of the RI exercises will depend on the price of the share before the last date of acceptance of the RIs.

For Kanger, the price should be at premium compared to the the RI exercise price of 6 sen.
If not, the RI exercise will be a failure and the BOD's objective to collect a sufficient fund from the RI exercise will be a failure.

On that matter, I always noted two possibilities:

Firstly, concerning who is Mr Kuah. Which reported has many past experiences in fund raising activities. Therefore I always asking myself:

Do you think that Mr. Kuah will let Kanger fails in the incoming RI exercise??????


Secondly, concerning there is a possibility that before the last date of acceptance of the RI shares, some sort of good news expected to be announced to make sure the price can be cooked up. This thing should be pre-planned by some companies in order to make sure that their RI exercises will success.

I have this feeling because, I studied BCMall RI before, there was some big news from the company's announcements on the said time frame of the BCMall RI exercise. BCMall share price was at around 15 sen (RI exercise price = 8 sen) before the last date of acceptance of the RI. The results was, BCMall has a successful RI exercise.

By the way, it's only based on my observations and predictions only. TAYOR

SEKADAR PANDANGAN SAYA SENDIRI. PARA PEMBACA YANG SUDI MEMBACA BOLEH KOMEN, TAK KIRA POSITIF ATAU NEGATIF

-----------------

Kita mungkin boleh perhatikan kebanyakan syarikat yang buat consolidation ialah apabila syarikat mengalami kerugian terkumpul yang banyak selain daripada NOSH yang besar. Pada kebiasaannya, banyak syarikat yang mempunyai masalah kerugian terkumpul yang besar akan buat capital reduction bersama-sama dengan proses consolidation.

Dan biasanya, syarikat yang mempunyai BOD yang hanya memiliki peratus saham yang sedikit suka buat consolidation. Ini kerana kesan negatif consolidation banyak ditanggung oleh pelabur runcit berbanding pemegang saham insider.

NOSH yang besar bukan jadi sebab mewajibkan sesebuah syarikat membuat consolidation. Kecualilah:

1. Keadaan kewangan syarikat amat memerlukan consolidation dibuat, contohnya dalam keadaan kerugian terkumpul yang banyak dalam kunci kira-kira.

2. Keadaan harga saham yang terlalu rendah di pasaran akibat masalah share spread yang terlalu besar yang menyebabkan pihak syarikat ingin buat consolidation bagi tujuan memastikan harga di pasaran menjadi lebih tinggi dan menarik minat lebih pihak pelabur institusi dan pelabur runcit untuk membeli saham syarikat tersebut.

3. Kemungkinan “ADA UDANG DISEBALIK BATU” dalam kalangan pengurusan sesebuah syarikat tertentu.
Terdapat segelintir syarikat yang mempunyai pengurusan yang mungkin menggunakan proses consolidation sebagai jalan mudah untuk menyelesaikan masalah dalam syarikat sambil mengaut kepentingan peribadi.


KESIMPULAN DARI SAYA:

1. Dari segi NOSH yang besar dalam Bornoil. Jika NOSH besar, keadaan kewangan okay, harga saham pun OKAY, syarikat tersebut rasanya tak perlu buat consolidation.
Sebagai contoh, lihat saja MY E.G. Bukannya nak buat consolidation tetapi menambahkan lagi jumlah NOSH syarikat sampai 8 bilion unit melalui Bonus Issue.

2. Dari segi FA saya rasa Bornoil masih okay dan menyakinkan:

(a) Syarikat berada dalam keadaan kaya dengan tunai (cash: 4QR 2021, tunai dan Fixed deposit RM35.4 juta) dan hutang (loan) yang kecil.

(b) Syarikat berada dalam keadaan untung. Berasaskan 4QR 2021 report, 4QR 2021, EPS = 0.52 sen sesaham dan untuk FY 2021, EPS = 0.42 sen sesaham.

(c) Keuntungan terkumpul adalah RM86.7 juta, bermaksud wujud excess dalam penilaian bagi nilai sesaham.

(c) NTA berdasarkan 4QR 2021 adalah 11 sen. NTA mempunyai premium yang besar berbanding harga semasa @ 3-3.5 sen. Ini bermaksud, harga 3 -3.5 sen sepatutnya menjadi "ATTRACTIVE" untuk pelabur kerana harganya yang berada pada paras diskaun dari nilai sebenar syarikat berasaskan NTA nya yang lebih tinggi.

3. Dari segi prospek perniagaan saya rasa Bornoil juga okay dan berdaya maju:

(a) Mempunyai perniagaan asas dari segi makanannya yang cuba untuk dikembangkan lagi. Masalah sekarang hanya kesan negatif pandemik, dan selepas pandemik kemungkinan syarikat mengembangkan lagi perniagaan makanannya adalah baik.

(b) Beberapa projek pelaburan sedia ada berasakan perlombongan bahan mineral yang belum sepenuhnya direalisasikan termasuk lime stone dan eksplorasi emas (gold). Potensi syarikat dari segi keberuntungan di masa hadapan adalah tinggi.

4. Dari segi share spread dalam Bornoil juga saya rasa okay:

(a) Peratus pegangan saham dalam kalangan “insider” Bornoil lebih kurang 25% dari keseluruhan saham. Bermaksud, masalah share spead yang terlalu besar dalam syarikat boleh dikurangkan.

(b) Kuasa untuk memilih sama ada untuk bersetuju atau tidak terhadap apa-apa cadangan consolidation saham dalam kalangan insider yang mempunyai peratus pegangan saham yang tinggi. Dengan itu, BOD mungkin kurang berkemungkinan untuk menjalankan consolidation saham jika ada bantahan dari pihak pemegang saham insider yang mempunyai kuasa VOTING yang lebih banyak.


SEKADAR UNTUK MAKLUMAT:

1. MY E.G ( 0138 ) NOSH: 3.772 billion (NOSH akan jadi 8 billion selepas Bonus Issue yang akan dibuat tak lama lagi) ---- Harga semasa RM1.94

2. SAPNRG ( 5218 ) NOSH: 15.979 billion ---- Harga semasa RM0.125.

3. Hong Seng ( 0041 ) NOSH 2.457 BILLION ---- Harga semasa RM1.87

To repost another comments as a conversation.

MORAL OF THE STORY IS, we also has to learn on some of the companies which had a successful and progressing after executed their RI exercises.

Different companies has a different management............ which we can't simply judge it before it's become a reality.

--------------------------------------------

nubiskubissss MZM2511 >>> do you know any penny stocks which are progressing after executing their RI?
27/08/2021 10:57 AM


MZM2511 @nubiskubissss.

One of them. Look at some PP and RI done by Hong Seng. What is the state of Hong Seng right now. The company's price between 4.5 sen - RM1.67 (now)

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3147350

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3088507

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=2991320
27/08/2021 11:08 AM


MZM2511 @nubiskubissss. You can find more if you search for it.
27/08/2021 11:10 AM

Peace99 May I also add dolphin RI 6 sen, TFP 3 sen, now both are trading higher, esp. TFP
27/08/2021 11:12 AM

@kacangtrader,

What does emergency response Code 40 mean?

Emergency response Code 40 means Serious case (IV started).

-----------------
Is it means this?
Elaborate, please. He He

Saya bukan nak defend credibiliti zamsaham dari segi pelaburannya dalam saham.

Tetapi saya ada dengar cerita, sebenarnya EKA Noodle diambilalih oleh zamsaham dalam usaha untuk turn around company tersebut dan jadikan syarikat itu untuk support perniagaan beliau yang sedia ada berdasarkan perniagaan berasaskan makanan terutamanya melibatkan BERAS (RICE).


KITA BOLEH CUBA LIHAT PERKEMBANGAN NORIZAM BIN TUKIMAN @ zamsaham SEBAGAI PELABUR DAN USAHAWAN YANG BIJAK DALAM PERNIAGAAN.

Bermula sebagai peniaga burger, kini miliki 70 rangkaian hotel

...... Namun, berbeza keadaannya bagi pengasas Hotel Zamburger, Norizam Tukiman, 40, apabila tempoh pandemik ini membuka ruang kepadanya untuk mengembangkan rangkaian hotel itu dengan berjaya mengambil alih 67 hotel butik termasuk tiga hotel di Indonesia dalam masa 15 bulan.

Sumber: https://www.astroawani.com/berita-malaysia/bermula-sebagai-peniaga-burger-kini-miliki-70-rangkaian-hotel-315067

To repost another past comment by mikeann.
--------------


mikeann Share is grossly oversold.

The shares at 0.045 is at 52 weeks low, having plunged from 0.33 .

It has also dropped from 0.07 about 4 weeks ago to its present level of 0.045 .

The risk to reward ratio at 0.045 is in favour of investor who buys as there is negligible downside risk.

Rebound is imminent. Immediate resistance is at 0.07.
31/08/2021 7:43 PM

Just to repost a comment from earlier posting.

I THINK WE CAN EVALUATE WHAT HAS HAPPENED CURRENTLY, JUST THE INFORMATION NEEDED TO PREDICT THE NEAR FUTURE BEFORE THE END OF DATE OF ACCEPTANCE AND PAYMENT FOR THE RI ON 15 SEPTEMBER 2021.

____________________

MZM2511 BilisMasin My comment

All is just on paper. The fact is, RM 0.045

----------------

We are facing future, not yesterday. You can have your own stand. I also have mine.
As investing is full of risks. I am prepared to fail because relying on the said RI theory.

------------------

I WANT TO SHARE WITH YOU MY SIMPLE THEORY:

But as I looked at certain companies before, after the company approved the RI and setup the issue price for RI, the share price firstly will drop.

But near the date of the RI to be executed, the price will be markup higher than the issue price of the RI.

These scenario surely not be absolutely will happen to Kanger, but it has high chance or probability to follow suit.

-----------------------------
Mr. Kuah has experienced to spearheaded corporate exercises such as fund raising, diversification and share buy-back exercises for the company.
-------------

Do you think that Mr. Kuah will let Kanger fails in the incoming RI exercises??????


We have another 10 trading days which are 1/9,2/9,3/9,6/9,7/9,8/9,9/9,10/9,13/9 and 14/9 before the last date to subscribe and pay for the right issue on 15/9.

There is enough time for the price to be cooked up.

AFTER ALL. TAYOR.
31/08/2021 4:15 PM

@suprnoob. Please be logical and more factual.

Subscription of Bornoil PP shares by McQuire Bank up to 01 September 2021
---------------------------------------------------------
02-Feb-2021 1,500,000 units @RM0.034
03-Feb-2021 1,500,000 units @RM0.034
09-Feb-2021 1,500,000 units @RM0.034
11-Feb-2021 2,000,000 units @RM0.033
16-Feb-2021 3,500,000 units @RM0.033
19-Feb-2021 3,500,000 units @RM0.033
22-Feb-2021 50,000,000 units @RM0.034
24-Feb-2021 4,000,000 units @RM0.034
01-Mar-2021 2,000,000 units @RM0.035
03-Mar-2021 2,500,000 units @RM0.035
04-Mar-2021 3,000,000 units @RM0.034
05-Mar-2021 4,000,000 units @RM0.032
08-Mar-2021 8,000,000 units @RM0.032
10-Mar-2021 7,000,000 units @RM0.033
12-Mar-2021 18,000,000 units @RM0.033
16-Mar-2021 6,000,000 units @RM0.033
18-Mar-2021 90,000,000 units @RM0.033
19-Mar-2021 20,000,000 units @RM0.037
29-Mar-2021 2,000,000 units @RM0.036
30-Mar-2021 7,000,000 units @RM0.036
31-Mar-2021 4,000,000 units @RM0.036
05-Apr-2021 8,000,000 units @RM0.037
07-Apr-2021 8,000,000 units @RM0.037
08-Apr-2021 10,000,000 units @RM0.037
13-Apr-2021 30,000,000 units @RM0.040
20-Apr-2021 5,000,000 units @RM0.040
26-Apr-2021 5,000,000 units @RM0.038
27-Apr-2021 5,000,000 units @RM0.037
30-Apr-2021 5,000,000 units @RM0.037
04-May-2021 12,500,000 units @RM0.037
12-May-2021 4,000,000 units @RM0.035
17-May-2021 5,000,000 units @RM0.034
18-May-2021 5,000,000 units @RM0.035
21-May-2021 5,000,000 units @RM0.035
27-May-2021 6,000,000 units @RM0.033
02-June-2021 4,000,000 units @RM0.034
03-June-2021 67,000,000 units @RM0.034
08-June-2021 5,000,000 units @RM0.034
10-June-2021 5,000,000 units @RM0.034
14-June-2021 7,500,000 units @RM0.033
16-June-2021 10,000,000 units @RM0.032
22-June-2021 7,000,000 units @RM0.032
05-July-2021 7,000,000 units @RM0.030
06-July-2021 7,000,000 units @RM0.030
09-July-2021 270,000,000 units @RM0.029
12-July-2021 115,000,000 units @RM0.029
14-July-2021 5,000,000 units @RM0.029
15-July-2021 8,000,000 units @RM0.030
16-July-2021 10,000,000 units @RM0.030
22-July-2021 5,000,000 unit @RM0.029
02-August-2021 5,000,000 unit @RM0.025
11-August-2021 6,000,000 unit @RM0.025
13-August-2021 7,000,000 unit @RM0.025
17-August-2021 10,000,000 unit @RM0.025
01-Sept-2021 50,000,000 unit @RM0.025


Maximum units can be subscribed by Mcquarie Bank = 1,205,827,550 units

Total units subscribed (up to 01 September 2021) = 965,000,000 units

Percentage of shares subscribed: 80.03 %

Outstanding balance shares unsubscribed = 240,827,550 units

Percentage of shares unsubscribed: 19.97 %

Total NOSH after the last subscription 7,955,289,529 unit of shares

I noted, before the McQuire PP subscription, the NTA around 12 sen. After 70 % of the PP subscription by McQuire, the NTA just reduced from 12 sen to 11 sen only. There is an effect from the dilution of shares from the increasing of the company share from the 70% subscription of PP by McQuire.

@suprnoob. Please study the balance sheet in the last QR report. NTA at 11 sen. Please use some basic accounting before making such nonsense speculation. Let us consider, there are another 30% of PP by McQuire to be completed. I think it only will dilute the NTA, maximum to 10 sen, not 0.1 sen as you said.

@wistlebower99. As to determine bad intentions or not, I want to ask you one question.

Do you have any shares in Kanger?
I think if you don't have any, for sure you intention here will be in question.

whistlebower99.....

JUST SAY THAT YOU HAVE ANY SHARE IN KANGER.

If YES, you are a F. O. O. L, because you are trying to burn your own f. o. o. l head.

If NO. you have BAD INTENTION on Kanger and its shareholders.

@wistlebower99. At least BilisMasin was an investors before. Who are trapped in the high floor condo and has cutt loss. Now, maybe he is a trader in Kanger.

But for you, do you have any shares in Kanger? I think this question has been asked to you so many times already. Without any answer from you.

We have another 8 trading days left which are 3/9,6/9,7/9,8/9,9/9,10/9,13/9 and 14/9 before the last date to subscribe and pay for the right issue on 15/9.

There is enough time for the price to be cooked up. TAYOR

BilisMasin Sold 6 cents. Thanks
Buying again cents
--------------

Aishhhhh. You said Kanger ada tipu.
Beli juga ke? Its okay.

GOOOOD and congratulation. KahKahKah

whistlebower99 Look at it objectively, it is a bad decision to pay RM142 mil for new properties under construction, only ready in 3, 4 years.

Can safely say that Jan 2021 was not the right time to invest in property. Many question marks ???
02/09/2021 5:06 PM


whistlebower99 BOMOH KELAPA better set up pasar malam store to sell telescope.

Better than give your money to kuah to buy condo in genting
03/09/2021 2:26 PM
------------------------------------------------------------------

@wistlebower99.

Kalau awak betul-betul nak jadi orang yang sangat baik hati,YANG SUKA TOLONG NEWBIES dan kita pelabur runcit semua,

Saya cadangkan awak beli saham Kanger banyak-banyak sehingga jadi substantial shareholder. Lepas tu, awak join BOD Kanger.

Awak nanti boleh buat keputusan lebih bijak dan baik hati berbanding BOD sekarang yang awak tidak percaya dan kutuk hari-hari.

SEDAR TAK AWAK, DALAM KEADAAN SEKARANGLAH MENYEBABKAN KANGER DAPAT BELI APARTMENT TU DENGAN HARGA DISKAUN. KALAU BELI DALAM KEADAAN EKONOMI BAIK, MUNGKIN HARGANYA LEBIH TINGGI DAN TAK DAPAT DISKAUN.

TPC007 MZM2511 good if u know to cut loss, but those members u saiko & follow behind u all mati katak. So please trade yourself & dont keep promote! Everybody got eyes can read on the bursa announcement no need telling by u! If u are good analyst please provide the Pros & Cons instead of keep talk the Pros and forget about the risk!
--------------------
1. Read carefully. Nexgram never yet cutt loss, and I'm still in the telegram group.

2. If your logic is no need for someone to share probable positive information about about certain company , therefore no need for the ill intention spammer like you or others, just to give some untrue information about certain company.

Or its neceesary for you to be an ill intention spammer JUST TO ACHIEVE YOUR MISSION IN DOING SPECULATION ON CERTAIN COMPANY.

whistlebower99 Peace99 I agree with RelaxBro.....6.5 is coming!

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

Good news for those who bought from market at lower than RI price of 6.

-------------

Its also good for us who are going to subscribe the RI shares with free warrants. The price can exceeds 6.5 sen. Okay. Hope we can enjoy the win-win situation.

TAYOR

TPC007 .... those follow MZM2511 sure masuk longkang lagi.

................
1. Agree.

2. I have invested in some counters, including Kanger.

3. But when I invested in a certain company, I will not surrender and cut loss until there is no point of prospects and opportunities for the price of the company share to be appreciated and gives me some sort of profit in investment in the future. For your information, I'm still holding Nexgram's shares, and will hold it until I can make some profit from it, or will cut loss if there is no hope for the investment to be turned around.

4. I'm not the one who own the shares of a company and after that keep daily condemning the company as "the scam company" or whatever.

SOME OF the SPAMMERs/NAYSAYERs at certain company are the frustrated investor who are been trapped in the company. Maybe you are in this type of investor, or the one without any share holding but want to be a speculator or the "saint" like wistlebower99 but acted as an ILL INTENTION SPAMMER. Can check here : https://klse.i3investor.com/servlets/cube/post/tpc007.jsp

5. I'm ready to find more information on the company in making decisions about my investment in the company's shares.

6. I'm ready to share information about the company with other company's investors.

7. For those counters that I concluded without any future prospects for me to turn around my investment capital invested in, I surely cut loss, such as in two Fintec group related companies which are MTouche and Trive.

@wistlebower99. Just my effort to newbies who don't you as an ill intention spammer. AN UNVERSAL ONE.
____________
,
MZM2511 FOR NEWBIES

Regarding to wistlebower99.

The pure but a poor spammer. The witch ghost that said every big NOSH companies will do consolidation exercises. Very Bad People...

Please visit and take a look @ Bornoil and Kanger threads.

This bad people gives so many misleading (untrue) information / query just to be a winner in arguments/comments.

Really non ethical and ill intention people.

Peace99 @Pop888, relax, Kanger follows SOP, there was valuation done on the service apt, gotten 19%discount bcos buying in bulk. Kanger tak bayar 142mil sekali gus, tapi ikut jadual, pay only when certain work is done, macam kita beli rumah dari developer. The last 10% payment in 1st quarter 2024when apts ready to hand over. Almost sure can raise full sum....if not, as stated in prospectus, will borrow from bank.

Regarding to wistlebower99.

The pure but a poor spammer. The witch ghost that said every big NOSH companies will do consolidation exercises. Very Bad People...

This bad people gives so many misleading (untrue) information / query just to be a winner in arguments/comments.

THIS GUY NEVER ANSWER FOR ANY QUESTIONS WHICH WILL MAKE HIM IN DOUBT.
REALLY UNSINCERE SPAMMER.

Really non ethical and ill intention people.

FOR NEWBIES

Regarding to wistlebower99.

The pure but a poor spammer. The witch ghost that said every big NOSH companies will do consolidation exercises. Very Bad People...

Please visit and take a look @ Bornoil and Kanger threads.

This bad people gives so many misleading (untrue) information / query just to be a winner in arguments/comments.

Really non ethical and ill intention people.

FOR NEWBIES

Regarding to wistlebower99.

The pure but a poor spammer. The witch ghost that said every big NOSH companies will do consolidation exercises. Very Bad People...

Please visit and take a look @ Bornoil and Kanger threads.

This bad people gives so many misleading (untrue) information / query just to be a winner in arguments/comments.

Really non ethical and ill intention people.

FOR NEWBIES

Regarding to wistlebower99.

The pure but a poor spammer. The witch ghost that said every big NOSH companies will do consolidation exercises. Very Bad People...

Please visit and take a look @ Bornoil and Kanger threads.

This bad people gives so many misleading (untrue) information / query just to be a winner in arguments/comments.

Really non ethical and ill intention people.

FOR NEWBIES

Regarding to wistlebower99.

The pure but a poor spammer. The witch ghost that said every big NOSH companies will do consolidation exercises. Very Bad People...

Please visit and take a look @ Bornoil and Kanger threads.

This bad people gives so many misleading (untrue) information / query just to be a winner in arguments/comments.

Really non ethical and ill intention people.

Mr. Kuah has experienced to spearheaded corporate exercises such as fund raising, diversification and share buy-back exercises for the company.
-------------

Do you think that Mr. Kuah will let Kanger fails in the incoming RI exercises??????

By the way, Mr Kuah will be the new substantial shareholders after the RI and acquisition exercises with almost 750 mil shares.

A SERIES OF ACQUISITION AND DISPOSAL OF BCMALL SHARES BY SANICHI FROM 5 AUGUT TO 25 AUGUST 2021.

AT THAT TIME THE PRICE TRANSACTED FROM 16 SEN TO 9.5 SEN

Circumstances by reason of which change has occurred
1.) Acquisition of 91,270,000 ordinary shares via open market.
2.) Disposal of 11,970,000 ordinary shares via open market.

Sources:

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3189741

As I observed what has happened at the closing time of transactions yesterday.........
There was something to be noted about the Kanger's price movement.

For sure, there was operator in their special task operation.
Whether it was "To fry up or to pee down the price" ?

Make your own judgement. TAYOR.

Semua aura positif dan aura negatif sudah keluar.

Tungguuuuu !!!!!

Aura positif saya jangka akan keluar dari pihak BOD Kanger yang dikatakan bodoh dan jahat tak lama lagi.

Apa-apa pun jangan percaya...... TAYOR

He He

Good. Lagi meriah. Kanger getting hotter. Masa nak terbang semakin dekat. He He

@wistlebower99.

Kalau awak betul-betul nak jadi orang yang sangat baik hati,YANG SUKA TOLONG NEWBIES dan kita pelabur runcit semua,

Saya cadangkan awak beli saham Kanger banyak-banyak sehingga jadi substantial shareholder. Lepas tu, awak join BOD Kanger.

Awak nanti boleh buat keputusan lebih bijak dan baik hati berbanding BOD sekarang yang awak tidak percaya dan kutuk hari-hari.

SEDAR TAK AWAK, DALAM KEADAAN SEKARANGLAH MENYEBABKAN KANGER DAPAT BELI APARTMENT TU DENGAN HARGA DISKAUN. KALAU BELI DALAM KEADAAN EKONOMI BAIK, MUNGKIN HARGANYA LEBIH TINGGI DAN TAK DAPAT DISKAUN.

@serikaya. Ya boleh jual. Tapi awak tengoklah que jual @ 0.5 sen sangat banyak. Kena beratur panjang. he he