@Al Capo...
I agree.
If not RTO, I think it's also a possibility for Kanger to has a major shareholder from the said ring of parties. TAYOR

@Al Chapo..
As seen by me, and only based on direct shareholding (as reported by Kanger).
(Note: But this infromation ignores any indirect shareholding at Kanger by Sung Master or Aset Kaya Emas).

1. Sung Master shareholding of --------> Kanger ::::: Not detected any (after Sii Tung Nai lately disposed all his shares @Kanger on 25.09.2023)

2. Aset Kaya Emas shareholding of ------> Kanger ::::: Not detected any (after Miss Chai Woon Chun from Aset Kaya Emas disposed her shares on 28.02.2022 )

3. Sung Master shareholding of -------- > Aset Kaya Emas ---- Don't know, can't get any information.

4. Aset Kaya Emas shareholding of -------> Sung Master :: No. because the only one INDIVIDUAL SHARE HOLDER of Sung Master is Mr. Wong Seen, the vendor who is currently involves in a Kanger proposal to acquire 100% shares @Sung Master.
(Note: currently, Mr. Wong Seen holds 49.0 % and Kanger holds 51% of Sung Master shareholding).

Is this a reality or a dream???

1:5 share consolidation has been proposed by BPuri....
It's a reality as warned by me..repeatedly before this...

I'm sad to look at its effect on BPuri share price next week..

Will the current wave of technical analysis will help the share price to continously push-up while this bad news has already occured???

@Jetson8. Janganlah risau...Kenapa sampai nak kata kami clown... Adakah apa yang kami spam tak betul? Dah jadi kenyataan pun..

@yourewelcome88. On the pump and dump issue... Anybody can report the suspected act in any counters...

As for me, in promoting or badmouthing certain counters, I always tried to get and post the true and factual facts. If I need to give some personal opinion, I will give it based on any true and factual facts which I can defend it later...

I won't give any DIRECT ADVICE for others TO BUY, TO HOLD or TO SELL any share in certain counter. Be safe and try to protect ourself.. TAYOR

Dear BPuri investors... I told you so... Repeatedly..

--------------
BEWARE NEWBIES....

As I said before, this suspected manipulated upward momentum created at BPuri also could u-turn to the downward one.


What happened @Kanger several weeks ago... Those substantial shareholders (Kuah Choon Ching and Sii Tung Nai) disposed all their shares while Kanger share price is higher in tandem of the last upward momentum @Kanger counter.
I suspect whether those two coincidently took the oppurtunity to quit at higher price or should there any involvement from insiders in the process of pump and dump by operators before they dump their shares off @ Kanger counter...

Similarly @BPuri...

I would like to warn, if there is any same process of pumping the price @BPuri will be followed by the disposal of shares by insiders. At better and profitable price, they will sell the shares with a good profit. As I said before, BPuri is dying and it has a high risk to do consolidation or PN17 ..... It will be a long years for the insiders to see the turning operation of the company in this state of fundamental. Instead of probably listed @PN17, the better solution for BPuri to propose is to do CONSOLIDATION.

Do you feel that major shareholders (which want to quit) will wait for the second option (consolidation) or to sell their stake in this upward trend (with a lot of profit) ??????
The U_TURN in the upward momentum will occur follows by a pump and dump activities, the downward momentum will arise......

WHAT WILL HAPPEN TO THE SMALL INVESTORS WHO CAUGHT ON THE TOP OR IN THE MIDDLE OF THE CONDO ??

@MeeGoreng69... Actually I'm and olbie in investing (but not so successful.. He He He).
I started in investing started in 2002, but not continously active.

I'm not a speculative investor... Therefore I don't even think to study indepth about technical analysis or use any t3echnical analysis tools. As I have enough knowledge in accounting, I think that I can use it while investing.

Just to remind newbies about past technical analysis by tklim @Bpuri...

Lately, did he ever included the possibility that BPuri also can u-turn and go SOUTH.
Do you think he will do it?????

A brief result of my fundamental analysis on BPuri.

Sebelum ini pun pernah dapat projek berbillion-billion, tetapi empat tahun sudah rugi berturut-turut. Sejak 10 tahun dulu pun NTA RM1.00 dah jadi 2.6 sen... Memang killer betul management BPuri.... Pandai buat rugi dan naikkan NOSH sahaja. Buat Placement dan RI bagai...

Lihatlah sedikit perkara ini.... inilah yang saya kata fundamental BPuri teruk.....

Dah dekat dengan risiko PN17 dah ni...
Nak selamat, caranya syarikat kena buat share CONSOLIDATION... ADA

3 month trend lowest price 14.5 cents..

Nampak macam penjualan masih belum habis......

Stock: [BPURI]: BINA PURI HOLDINGS BHD

3 days ago | 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

The selling by any probable insiders or operator has been ended???
Let's see the trading patern (especially the volume) up to end of today's market..

Stock: [BPURI]: BINA PURI HOLDINGS BHD

3 days ago | 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

I'm a newbie here. I know this company is a playfield of the said kepala taik group.. But among other company in the said group, this one I think among the safe one, fundamentally, at least for short term.

Wanna to play small only...

@youarewelcome88. Congrat... He He He

BEWARE OF A PUMP AND DUMP SCHEME...

The Securities Commission Malaysia (SC) today issued a warning to investors over the increase use of blogs, forums and social media platforms to spread false and misleading information on certain companies in order to perpetrate ‘pump and dump’ schemes.
Perpetrators would accumulate shares at lower prices before posting positive sentiments about the companies, with the intention to spur interest in the shares in order to drive up its price. When unsuspecting investors buy the shares, it gives the perpetrators an opportunity to sell the shares they hold at a profit. Investors who have bought shares at the inflated price will suffer losses when the hype eases.

THERE COULD BE A REPORT TO SC AND BURSA, TO SEE ANY BREACH OF LAW IN THIS COUNTER IF THERE ARE ENOUGH EVIDENCE COLLECTED. TAYOR

Posted by MZM2511 > 19 hours ago | Report Abuse

@OKU_2020. Goyang kuat-kuat.
Waited some @5.5 sen from yesterday.
----------
OKU_2020. I failed.... Because of you!!! You're already impotent. Can not goyang kuat-kuat...

He He He

Expect there to be bad news later, or is there an insider or operator who wants to sell shares at the end of the year???

3 month trend lowest price 14.5 cents..

LKL’s 193,931,375 Warrants issued pursuant to the Rights Issue with Warrants will be admitted to the Official List of Bursa Securities and the listing and quotation of the Warrants on the ACE Market will be granted with effect from 9.00 a.m., Tuesday, 28 March 2023.
----------
Issue price of RM0.17 per Rights Share (with free warrant)..
Major subscriber was Botanical Distribution Sdn. /Bhd.BIOALPHA HOLDINGS BERHAD with 47,010,000 shares subscribed.

From QR3 2023:

Investment Holding Segment
This segment continues to register a loss on fair value of the quoted investments of RM6.108 million resulting in an operating loss of RM6.765 million for the current financial period.

Announced Date Change Type Shares Name
17 Apr 2023 17 Apr 2023 Disposed 0 FOCUS DYNAMICS GROUP BERHAD
04 Apr 2023 28 Mar 2023 Others 14,607,120 MR ANG KIAN YOU
31 Mar 2023 28 Mar 2023 Acquired 47,010,000 BOTANICAL DISTRIBUTION SDN. BHD.
29 Mar 2023 24 Mar 2023 Acquired 1,498,500 MR ANG KIAN YOU
15 Feb 2023 13 Feb 2023 Acquired 531,000 MR ANG KIAN YOU

Congrat... He He He

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

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

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

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

Let others decide...

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

Let others decide...

Just to remind newbies about a past technical analysis by tklim @Kanger a month ago...

To be fair, his analysis also must include the possibility that BPuri also can u-turn and go SOUTH. Do you think he will do it?????

Kanger u-turned from its uptrend to downtrend just within A Day!!!!

It also can be happened @BPuri because I don't think this upward trend is a NATURAL UPWARD TREND but its ONLY a MANIPULATIVE UPTREND in a FUNDAMENTALLY WEAK company....

Pump and Dump already started @BPuri....... BEWARE ....

Do you think that, NEXT the operator WON'T SHORT BPuri????
What is so special about BPuri???

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....

SPAMMING WILL CAUSE MENTAL HEALTH AND YOU MAY END IN TANJUNG RAMBUTAN🤣
--------
Apasal???... Awak tertekan ke bila spam awak dibantah oleh spam pihak lain....

Awak ingat saya sahaja spamming... Even you the promoter here keeps spamming everyday to promote BPuri... Let you alone go to Tanjung Rambutan... He He He

@tklim

pity lah ....highly traumatized ...

mental health

next to report to SC and close down BURSA
🤣🤣🤣🤣🤣🤣🤣
--------
Actually I send to both of organization. Tak percaya sangat dengan BURSA... SC lebih berpengaruh dalam penguatkuasaan.....

@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

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

@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.

@sang jero....
Report untuk Kanger pada Nov 25, 2022. Saya dapati nilai 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.

@sang jero....
Lihatlah, bila report untuk Negram itu dibuat. Tiada kesan pun dengan sekarang. Pada masa itu saya masih pemegang saham Nexgram. Kenapa ia dibuat. Kerana saya suspect harga pembelian terlalu tinggi dan ada kemungkinan adanya urus niaga antara pihak yang ada kepentingan dengan pemilik Wings,

Excerpt sebahagian dari emel saya ke bursa..pada Oktober 1, 2022.


4. My case and issues on Nexgram’s proposed acquisition of Wings are:

(a) As stated in the announcement at BURSA on 29 September 2022 related to the Proposed acquisition of Wings by Nexgram:



“8. INTERESTS OF DIRECTORS, MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED WITH THEM



None of the Directors, major shareholders of the Company and/or persons connected with them have any interest, whether direct or indirect in the Proposed Acquisition.



(b) Based on my prior information at 3 (a) and 3 (b) above-mentioned, the three persons which are Mr. Tey Por Yee, Mr. Tey Por Chen and Mr. Tey Por Yoong are brothers or sibling.



(c) Based on the notes Mr. Tey Por Yoong is having direct interest in Wings as a director, CHSB as a director and FCSB as a shareholder an a director. Mr. Tey Por Yoong one of the a direct onwer or Wings which is a property involved in the proposed acquisition by Nexgram.



(d) Mr. Tey Por Chen and Mr. Tey Por Yee together are the top thirty shareholder of Nexgram. At the same time Mr. Tey Por Yoong, the brother of the two top three shareholder of Nexgram is the direct owner of the property involved in the prosed acquisiton by Nexgram.



(e) There will be a possibilty for the proposed acquisition of Wings by Nexgram could have an issue about the direct or indirect interest in the negotiation processes of the said proposal.



I would like Bursa Malaysia to look after this query and hope that it can excecuted as per standard operation procedure of Bursa Malaysia.

Thank you.

@Lazzo88. You can try to report something to SC or Bursa. They have their own SOP to reply to our complain or report... It was my experience with SC and BURSA....

@lazzo88. FYI... all two querries has been entertained by SC. Nexgram pull out their proposal to takeover Wings and Kanger corrected their NTA numbers in two or three QRs.....

Just for scjm... Jika awak fikir saya cakap kosonglah...

1. To: bursa2u@bursamalaysia.com <bursa2u@bursamalaysia.com>
Sent: Saturday, October 1, 2022 at 12:45:46 PM GMT+8
Subject: Query on the company : NEXGRAM (0096)

Dear Sir,

QUERY ABOUT THE POSSIBILITY FOR EMERGENCE OF DIRECT OR INDIRECT INTEREST RELATED TO THE PROPOSED ACQUISITION OF WINGS BY NEXGRAM (0096)

2. To: aduan@seccom.com.my <aduan@seccom.com.my>
Sent: Friday, November 25, 2022 at 09:30:39 PM GMT+8
Subject: Query on the company : KANGER (0170)

Dear Sir,

QUERY ABOUT THE POSSIBILITY FOR MISSTATEMENT OF THE NET ASSETS PER SHARE VALUE REPORTED IN THE KANGER QUARTERLY RPT ON CONSOLIDATED RESULTS FOR THE FINANCIAL PERIOD ENDED 30 SEP 2022

You or they can try.... Before I make Nexgram failed in their proposal to takeover asset in Langkawi... and corrected some error (or misleading information) related to an account of onathor one listed company..... Just by accumulate the evidence and report to SC via online.

Anybody can accumulate the evidence and report to the SC... Just by online at aduan@seccom.com.my

I did it before on another counters (two counters) on another issues, and the mission were acomplished..

The Securities Commission Malaysia (SC) today issued a warning to investors over the increase use of blogs, forums and social media platforms to spread false and misleading information on certain companies in order to perpetrate ‘pump and dump’ schemes.
Perpetrators would accumulate shares at lower prices before posting positive sentiments about the companies, with the intention to spur interest in the shares in order to drive up its price. When unsuspecting investors buy the shares, it gives the perpetrators an opportunity to sell the shares they hold at a profit. Investors who have bought shares at the inflated price will suffer losses when the hype eases.

@scjm.. yes... It's promoter/operator is under surveillance.... He He He

Investors are reminded to be cautious of the risk of fraud and when in doubt, to seek advice from persons who have been licensed by the SC.
---------------
In order to follow this rule and regulation, I never DIRECTLY advice any forum members TO BUY, TO SELL or TO HOLD any shares in any counter...

If we are not a qualified person to do the job, please don't do it. It's a limitation for us to promote our own invested counter.... BEWARE and BE SAVE.

THERE COULD BE A REPORT TO SC, TO SEE ANY BREACH OF LAW IN THIS COUNTER...

@tklim... Even spamming for promoting certain counter also will couse mental health... Especially if someone always give opposite ideas to your ideas. STOP HERE..

But I won't give a chance for a manipulative operator to do some negative effects for another bilis who don't know anything about the counters they invested in....

@tklim... It's true. Thank you for your advice...

SC WARNS INVESTORS OVER ‘PUMP AND DUMP’ SCHEMES VIA INTERNET AND SOCIAL MEDIA
21 March 2018 | Kuala Lumpur
The Securities Commission Malaysia (SC) today issued a warning to investors over the increase use of blogs, forums and social media platforms to spread false and misleading information on certain companies in order to perpetrate ‘pump and dump’ schemes.
Perpetrators would accumulate shares at lower prices before posting positive sentiments about the companies, with the intention to spur interest in the shares in order to drive up its price. When unsuspecting investors buy the shares, it gives the perpetrators an opportunity to sell the shares they hold at a profit. Investors who have bought shares at the inflated price will suffer losses when the hype eases.

The SC and Bursa Malaysia have recently identified a blog ‘Bonescythe Stock Watch’ which was found to have published various articles that contain statements and forecasts that were misleading and deceptive, an offence under Section 178 of the Capital Markets and Services Act 2007 (CMSA). Following SC’s intervention action, the blog has been removed.

The SC advises investors to always exercise diligence and verify the legitimacy of information before making an investment decision. Investors are reminded to be cautious of the risk of fraud and when in doubt, to seek advice from persons who have been licensed by the SC.

Members of the public who have come across any suspicious websites, as well as e-mails relating to investment advice or any other capital market activities and services, may alert the SC at the contact number +603 6204 8999 or e-mail aduan@seccom.com.my.

Investors may also refer to SC’s website for warnings and alerts, and for more information about investing and investor education, visit the InvestSmart website at www.investsmartsc.my and InvestSmartSC Facebook page.

SECURITIES COMMISSION MALAYSIA

https://www.sc.com.my/resources/media/media-release/sc-warns-investors-over-pump-and-dump-schemes-via-internet-and-social-media

The SC and Bursa Malaysia have recently identified a blog ‘Bonescythe Stock Watch’ which was found to have published various articles that contain statements and forecasts that were misleading and deceptive, an offence under Section 178 of the Capital Markets and Services Act 2007 (CMSA). Following SC’s intervention action, the blog has been removed.

Pump and dump (P&D) is a form of SECURITIES FRAUD that involves artificially inflating the price of an owned stock through false and misleading positive statements (pump), in order to sell the cheaply purchased stock at a higher price (dump). Once the operators of the scheme "dump" (sell) their overvalued shares, the price falls and investors lose their money. This is most common with small-cap cryptocurrencies[1] and very small corporations/companies, i.e. "microcaps".[2]