MZM2511

MZM2511 | Joined since 2020-07-26

Investing Experience Intermediate
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Stock

2023-12-12 19:10 | Report Abuse

For NEWBIES,,, BEWARE!!!!!
Yes, those who bought it early, they will be save......

At least there will be some newbies will be alerted with the fundamental condition of the company the are going to invest. Not by fully following any technical analysis from others.

Please learn some accounting knowledge. Sure can evaluate the fundamental of certain company. Technical analysis won't detect any signs of dying company because even the dying company can be manipulated by operators to trap us.......

It's high probability for certain uptrend in a weak fundamental company to be A MANIPULATED uptrend created by operators (insiders or sharks). TAYOR

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2023-12-12 19:09 | Report Abuse

Posted by lazzo88 > 1 hour ago | Report Abuse

Take a look at SCABLE ! Flying up 200 ++ % Welcome to BURSA once again 😄 It's PN17 status btw
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Let us see what happen if PN17 did happened @BPuri...... This guy really likes PN17 listed issuer company...

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2023-12-12 19:08 | Report Abuse

Posted by scjm > 3 hours ago | Report Abuse

nothing new like a broken record...repeating the same old things over and over again He He He...what accounting knowledge ...accounts can be manipulated too

-------------
But the accounts prepared by BPuri was never manipulated by the company. If they did it, there would be someone had been charged in court or law.

Even without the known manipulation, HOW COME the financial analysis of the company shows very bad state of financial condition????

In 10 years time (2013 to 2023):
1. The NTA depleting from RM1.10 to just only 2.7 sen.
2. The RM12.67 million of accumulated profit depleted to RM210,053,000 accumulated loss.

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2023-12-12 18:50 | Report Abuse

Even a company proposed to do consolidation..... Most investors and new investors of certain company will be in FEARFULL... The only one to be very happy could be scjm... He He He

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2023-12-12 15:18 | Report Abuse

Those who said that "accounting knowledge is certainly not a prerequisite" will be the one who has a HIGHEST probability to be trapped in the counter that will be listed as a PN17 or GN3 listed issuer, or even be a delisted company.

Please look back after certain companies which had been listed under PN17 or GN3 and certain delisted company.. See, what happened to the company before those actions regulated on those companies. He He He

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2023-12-12 14:26 | Report Abuse

Good luck to you too.

For NEWBIES,,, BEWARE!!!!!
Yes, those who bought it early, they will be save......

At least there will be some newbies will be alerted with the fundamental condition of the company the are going to invest. Not by fully following any technical analysis from others.

Please learn some accounting knowledge. Sure can evaluate the fundamental of certain company. Technical analysis won't detect any signs of dying company because even the dying company can be manipulated by operators to trap us.......

It's high probability for certain uptrend in a weak fundamental company to be A MANIPULATED uptrend created by operators (insiders or sharks). TAYOR

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2023-12-12 14:05 | Report Abuse

Let them gore g up.... For what reasons... We will see it later. He He He

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2023-12-12 13:23 | Report Abuse

Tell us some advantages what BPuri have to ensure that this upward momentum will sustain and be a natural upward momentum (not manipulative one)..... Perhaps.

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2023-12-12 13:09 | Report Abuse

@Sang Jero..
Your kind of technical analysis emerged while Kanger was on it uptrend phase few weeks ago. The upward phase turned to downward until today. 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 (including Maju). 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 such as Maju 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 ??

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2023-12-12 10:46 | Report Abuse

@youngclean. True that cost of sales had been reduced.. But finance cost almost the same figure. The administrative expenses had been increased much.

Another risks for the P&L will be the IMPAIRMENT LOSSES !!!!!!!!!

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2023-12-12 10:44 | Report Abuse

- The performance of the Group was mainly attributable to the loss incurred by construction and power division.
- The lower performance for the immediate preceding quarter was due to impairment losses of RM31million being recognised during the quarter.

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2023-12-12 10:41 | Report Abuse

Prospects
In the forthcoming financial year, following the recent Malaysia MADANI Budget 2024, the company expects a MODERATE performance for construction division. The economy will require several mega projects to kickstart the recovery of the construction industry which in turn has multiplier effects throughout the economy.

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2023-12-12 10:40 | Report Abuse

CASH AND CASH EQUIVALENTS AT END
OF THE FINANCIAL PERIOD was at negative figure -RM524,000

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2023-12-11 16:21 | Report Abuse

I'm spamming here for a reason... He He He

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2023-12-11 16:18 | Report Abuse

@lazzo88... A coin has two faces.... Which side it will show after this???---- We have to accept the reality.... TAYOR

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2023-12-11 15:56 | Report Abuse

@lazzo88... This kind of statement been emerged while Kanger was in uptrend mode few weeks ago.. He He He

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 (including Maju). 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 such as Maju 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 ??

Stock

2023-12-11 15:28 | Report Abuse

The problem is within 4 years time, BPuri NTA has been depleted from 37.6 sen to the lowest @2.7 sen. As I said, if another RM60 million losses incur, the NTA will be 0.00 or even negative (Been calculated by unregistered accountant.. He He He).

1. Poor NTA because of accumulated losses will affect its shareholders' equity on a consolidated basis, therefore its a prelude to PN17 listed issuers CAGE.

2. Poor NTA and big accumulated losses and a mass NOSH also will be a prelude to the needs for BPuri to exercise share consolidation. To eliminate the losses from Balance Sheet and to increase the NTA.

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2023-12-11 15:28 | Report Abuse

@Atacms... Agree.

But for me BPuri is in severe and risky condition (Based on it current lowest NTA and big accumulated losses).

With this negative condition, I spare more possibility for BPuri to be in a state of MANIPULATIVE uptrend, rather than natural uptrend that caused by a good future prospect for BPuri as you said.

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2023-12-11 13:09 | Report Abuse

Posted by scjm > 49 minutes ago | Report Abuse

by the way that presumption of " IF another 60 m loss" does not happen at all
------------

The history can repeat itself... QR4 2023, Bpuri incurred RM60.467 million net loss. Please check...

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2023-12-11 11:18 | Report Abuse

Posted by MZM2511 > 13 hours ago | Report Abuse

Those who said that "accounting knowledge is certainly not a prerequisite" will be the one who has a HIGHEST probability to be trapped in the counter that will be listed as a PN17 or GN3 listed issuer, or even be a delisted company.

Please look back after certain companies which had been listed under PN17 or GN3 and certain delisted company.. See, what happened to the company before those actions regulated on those companies. You can do it, if you KNOW SOME ACCOUNTING KNOWLEDGE... He He He

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2023-12-11 10:09 | Report Abuse

Good. Try HARDER...
My dearest friend from a group of GONCANG POKOK.... Try your best here.
Try to GONCANG pokok Kanger kuat-kuat.

I want to reload some WB and mother share while waiting for a good news to come out.....
And then, there could be a possibility for the downturn changes or U_TURN to upward again...
He He He.

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2023-12-11 09:44 | Report Abuse

@OKU-2020. Good. Try HARDER...
My dearest friend from a group of GONCANG POKOK.... Try your best here.
Try to GONCANG pokok Kanger kuat-kuat.

I want to reload some WB and mother share while waiting for a good news to come out.....
And then, there could be a possibility for the downturn changes or U_TURN to upward again...
He He He.

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2023-12-11 09:35 | Report Abuse

The problem is within 4 years time, BPuri NTA has been depleted to the lowest @2.7 sen. As I said, if another RM60 million losses incur, the NTA will be 0.00 or even negative (Been calculated by unregistered accountant.. He He He).

1. Poor NTA because of accumulated losses will affect its shareholders' equity on a consolidated basis, therefore its a prelude to PN17 listed issuers CAGE.

2. Poor NTA and big accumulated losses and a mass NOSH also will be a prelude to the needs for BPuri to exercise share consolidation. To eliminate the losses from Balance Sheet and to increase the NTA.

Stock

2023-12-11 09:34 | Report Abuse

Its what happened @ Kanger few weeks ago. They (The manipulator) pushed the priced up to their target and started to do some pump and dumb. BEWARE. Its also can be happened @ Bpuri.

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2023-12-11 09:33 | Report Abuse

The determinant of demands for the share including the fundamental aspects of the company will determine the demand for the share. Also the determinants of the supply including the quantity of shares (NOSH) will determine the supply of the shares. Bad fundamental will create less demand. Big NOSH and bad fundamental also will create more supply. More supply compared to less demand will make the share price go down. Its a basic economics.

But, supply and demand can be manipulated by marker players, especially if it done by operators which can be involved by insiders, sharks or a group of powerful investors. Tayor

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2023-12-11 00:44 | Report Abuse

Its what happened @ Kanger few weeks ago. They pushed the priced up to their target and started to do some pump and dumb. BEWARE. Its also can be happened @ Bpuri.

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2023-12-10 22:50 | Report Abuse

My prior experience in a big NOSH company counter: it was @Bornoil counter.
The company is not a company that always incurred loss in every QR.....
But its NOSH keep growing and the NTA is continuing to deplete. Its share price for a long time has been downtrending...

JUST BASED ON MY SIMPLE STUDY, MAYBE ITS NOT SO ACCURATE.

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2023-12-10 22:38 | Report Abuse

Posted by scjm > 6 minutes ago | Report Abuse

why price turun when making money in those years from 2015 till 2018?
-------------------
1. As I noted, BPuri was burdened by big liabilities (loan, etc)
2. Started Q1 2015, the NTA is started to depleting - maybe caused by the issuance of new shares (From ESOS and PP) or the depleting of accumulated profit.
When the NOSH is bigger, its has more tendency for the price to be hard to push up.

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2023-12-10 22:16 | Report Abuse

@scjm... Yes... I am a supposely to be an accountant because I were educated to be an accountant, but chose to work in other field.

The problem is within 4 years time, the NTA has been depleted to the lowest @2.7 sen. As I said, if another RM60 million losses incur, the NTA will be 0.00 or even negative (Been calculated by unregistered accountant.. He He He).

1. Poor NTA because of accumulated losses will affect its shareholders' equity on a consolidated basis, therefore its a prelude to PN17 listed issuers CAGE.

2. Poor NTA and big accumulated losses and a mass NOSH also will be a prelude to the needs for BPuri to exercise share consolidation. To eliminate the losses from Balance Sheet and to increase the NTA.

Stock

2023-12-10 21:53 | Report Abuse

Those who said that "accounting knowledge is certainly not a prerequisite" will be the one who has a HIGHEST probability to be trapped in the counter that will be listed as a PN17 or GN3 listed issuer, or even be a delisted company.

Please look back after certain companies which had been listed under PN17 or GN3 and certain delisted company.. See, what happened to the company before those actions regulated on those companies. You can do it, if you KNOW SOME ACCOUNTING KNOWLEDGE... He He He

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2023-12-10 21:16 | Report Abuse

For WB its maturity date is 2026. Long time to go.... For a long run investor.
Last time I earn alot by buying WB @1.5 sen and sold some at 4.5 sen and some @ 3 sen.

Stock

2023-12-10 21:15 | Report Abuse

@scjm...
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 (including Maju). 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 such as Maju 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 ??

Stock

2023-12-10 18:50 | Report Abuse

Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

2 days ago | Report Abuse

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

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2023-12-10 11:42 | Report Abuse

@Al Chapo. For me as I said before, I'm just a small anak bilis. I don't know other fellows here.

Anyways, thanks for you to agree on the MUST for Kanger to has a new captain.... and if there is any, I think the announcement will be done at near future... PERHAPS

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2023-12-10 11:13 | Report Abuse


MZM2511

@yourewelcom88. Agree. I also have to tolerate the suspense.... He He He
Anyways, just depends on the last 2 QR reports, I saw fundamentally its businesses and financial aspects getting better.... That is the only reason for me to keep interested in this counter.... TAYOR

Therefore I think there should be someone to be a single largest shareholder which should be a captain in the Kanger boardship. Rationaly, its must be a MUST..

I think in the near future the announcement of the new lineup of BOD must comes out. Hope for a great news...

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2023-12-10 10:45 | Report Abuse

Its what happened @ Kanger few weeks ago. They pushed the priced up to their target and started to do some pump and dumb. BEWARE. Its also can be happened @ Bpuri.

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2023-12-10 10:36 | Report Abuse

Posting by tklim:

...versus Bina Puri as per your comments (scroll above) BUT.......

can see the pattern in this week's price movement

price is trending strongly.

Trading in the direction of a strong trend and increases profit potential.

The rising moving average trend is bullish when the 10-day Moving Average has been rising in the past 3 days;
----------
It had happened in Kanger few weeks ago.... Newbies.. Please be afraid of THE U-TURN PHASE.... It also will be happened to BPuri... The reasons is, BPuri is fundamentally weak. The risks of PN17 or consolidation exercises are VERY HIGH... TAYOR

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2023-12-10 10:35 | Report Abuse

Posted by tklim > 29 minutes ago | Report Abuse

Bina Puri towkays are legends in the stock market..

Silent killer
-------------

Is it true? Don't give a missleading facts !!!!!

But how come under their management the accumulated losses (negative reserves) recorded amount @ RM210,053,000.
Are they the silent killer of their own company???

Look at the data:

Share capital RM299,458,000
Reserves (RM210,053,000)
Equity attributable to owners of the parent RM89,405,000
Non-controlling interests RM105,743,000
Total equity RM195,148,000

Stock

2023-12-10 10:34 | Report Abuse

Only a good technical indicators which is suported by a good fundamental will sustain. QR4 2023 alone BPuri incurred a nett loss of RM60.457 million. How??? Is it a good indicator for its fundamental???

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2023-12-10 10:33 | Report Abuse

@scjm... Sorry. As I know this thread is a public forum. Really, I don't have any intentions to buy or to sell Bpuri shares, especially in the short term.

I think I never DIRECTLY gave any suggestion for others TO BUY, Not TO BUY or TO SELL BPuri shares. That suggestions only can be done by authorised and licensed parties. TAYOR.

But as I said:

At least there will be some newbies will be alerted with the fundamental condition of the company the are going to invest. Not by fully following any technical analysis from others.

Please learn some accounting knowledge. Sure can evaluate the fundamental of certain company. Technical analysis won't detect any signs of dying company because even the dying company can be manipulated by operators to trap us.......

It's high probability for certain uptrend in a weak fundamantal company to be A MANIPULATED uptrend created by operators (insiders or sharks). TAYOR

Stock

2023-12-09 12:37 | Report Abuse

versus Bina Puri as per your comments (scroll above) BUT.......

can see the pattern in this week's price movement

price is trending strongly.

Trading in the direction of a strong trend and increases profit potential.

The rising moving average trend is bullish when the 10-day Moving Average has been rising in the past 3 days;
----------
It had happened in Kanger few weeks ago.... Newbies.. Please be afraid of THE U-TURN PHASE.... It also will be happened to BPuri... The reasons is, BPuri is fundamentally weak. The risks of PN17 or consolidation exercises are VERY HIGH... TAYOR

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2023-12-09 12:25 | Report Abuse

@OKU_2020. Parking to buy some WB @ 1.5 sen for next week. Cancel parking for mother @ 5 sen. Monitoring to buy some at below 5 sen if can. Tayor

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2023-12-09 08:56 | Report Abuse

Miss Quah Seik Lee or Sally Quah Seik Lee is the wife of Bryan Loo, the founder of Tealive. Was a major shareholder in NWP before divested her stake and probably still hold 4.87% of shares @Kanger.

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2023-12-09 07:40 | Report Abuse

Based on Annual Report 2022:

LIST OF 30 LARGEST SECURITIES ACCOUNT HOLDERS (BASED ON THE RECORD OF DEPOSITORS)
(WITHOUT AGGREGATING SECURITIES FROM DIFFERENT SECURITIES ACCOUNT BELONGING TO THE SAME
PERSON)
Name of Shareholders
No. of
Shares Held
Percentage
(%)
1. Sii Tung Nai 50,583,903 8.39 - (Already disposed all shares)
2. Quah Seik Lee 29,375,890 4.87
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Considering there are no additional or disposal of shares after AR 2022, the largest shareholder of Kanger will be Miss Quah Seik Lee. Based on AR 2022, she was not a member of BOD.

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2023-12-08 19:34 | Report Abuse

Only Mr Wu Wai Kong, the sole director who owns some shares, just 674,530 unit.

I think there should be someone to be a single largest shareholder which should be a captain in the Kanger boardship.

I think in the near future the announcement of the new lineup of BOD will come out.

Stock

2023-12-08 19:28 | Report Abuse

Based on Annual Report 2022:

DIRECTORS’ SHAREHOLDINGS (BASED ON THE REGISTER OF DIRECTORS’ SHAREHOLDINGS

1. Mr. Wu Wai Kong 674,530 unit
2. Mr. Kuah Choon Ching 74,051,317 unit
3. Mr. Low Poh Seong 0 unit
4. Encik Mazlan bin Mohamad 0 unit
5. Dato’ Azmil bin Mohd Zabidi 0 unit
------------
That's mean that Kuah Choon Ching owns nil shares when he disposed 74,051,317 units of shares on 30 November 2023..

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2023-12-08 19:16 | Report Abuse

Also waiting for announcement for any new substantial shareholder... To replace the old captain.

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2023-12-08 17:26 | Report Abuse

BEWARE and monitor closely:

Technical indicators can be MANIPULATED by market players (insiders or sharks). It can be reversed anytime...

Its what happened @ Kanger few weeks ago. They pushed the priced up to their target and started to do some pump and dumb. BEWARE. Its also can be happened @ Bpuri.

Yeah.. It's really scarry..

BOOOOM, we bilis will KEOK. He He He

Only a good technical indicators which is suported by a good fundamental will sustain. QR4 2023 alone BPuri incurred a nett loss of RM60.457 million. How??? Is it a good indicator for its fundamental???

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2023-12-08 17:23 | Report Abuse

Track record sudah 4 tahun every quarter rugi banyakkkkk. NTA dah tinggal 2.7 sen....
Apa hendak diharap kepada technical indicators.. Sekali kena scam dekat fake operator... KEOOOOK.. Kesian

Apa nak diharap kepada BPuri. Sekali lagi rugi besar kemungkinan boleh masuk PN17!!!!

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2023-12-08 17:18 | Report Abuse

Right Issue - Yes (possible)
Private Placement - Yes (possible)
Loan - Yes (possible)
RCPS - Yes (possible)
Second round consolidation - in the short term I think its a play by insiders/directors to propose it. But they have their power to do it...