@sang jero... Agree... Because the promoter will buy the shares at low price, and starts promoting. They will be saved, even there is a pump and dump occurs..

But, for NEWBIES, BEWARE... Jangan masuk jaring operator... Nanti KEOOK... Perhaps its not occur..

@sang jero.. Actually the technical jargon like you should know about the meaning and able to interpret this "overbought' information. It gives a negative results, therefore you buat-buat tak tahu.....

""What is Overbought?
Overbought is a term used when a security is believed to be trading at a level above its intrinsic or fair value. Overbought generally describes recent or short-term movement in the price of the security, and reflects an expectation that the market will correct the price in the near future. This belief is often the result of technical analysis of the security’s price history, but fundamentals may also be employed. A stock that is overbought may be a good candidate for sale.""

-------------
""""This belief is often the result of technical analysis of the security’s price history, but fundamentals may also be employed.""""

Note: BPuri is a fundamentally weak company, therefore the negative effect of OVERBOUGHT position could be very severe..

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

Better check their Annual Report 2022.

All subsidiaries of Kanger was incorporated in Malaysia. Look at AR 2022 page 6.

Note: Before this, all subsidiaries of Kanger were incorporated in Malaysia, except Kanger Investment (HK) limited and Kanger trading (HK) co. Limited. As both subsidiaries which has been incorporated in China has been sold, therefore all subsidiaries of Kanger was incorporated in Malaysia.

To know the fundamental aspect of certain company, TECHNICAL ANALYSIS won't gives us any clue... But the fundamental analysis can, because a fundamentalist will look at their reports..... He He He

@sang jero. KANGER NO MORE A CHINA (PRC) COMPANY...
BASED ON ANNUAL REPORT 2022
1. All subsidiaries of Kanger was incorporated in Malaysia. Look at AR 2022 page 6.

Note: Before this, all subsidiaries of Kanger were incorporated in Malaysia, except Kanger Investment (HK) limited and Kanger trading (HK) co. Limited. As both subsidiaries which has been incorporated in China has been sold, therefore all subsidiaries of Kanger was incorporated in Malaysia.

2. Board Directors are Malaysian. Look at AR 2022 page 5.

Note: BOARD OF DIRECTORS
Wu Wai Kong
Kuah Choon Ching
Low Poh Seong
Mazlan bin Mohamad
Dato’ Azmil bin Mohd Zabidi
Datuk Nur Jazlan Bin Mohamed

3. Principle Place of Business / Management and Registered Office are registered and located in Malaysia. Look ar AR 2022 page 5.

Note: PRINCIPAL PLACE OF
BUSINESS/MANAGEMENT
OFFICE
K-3-12 & K-3-13, Solaris Mont Kiara
No. 2, Jalan Solaris
Mont Kiara
50480 Kuala Lumpur
Wilayah Persekutuan (KL)
Malaysia
Tel. : (603) 6413 0143
Fax. : (603) 6413 0143
Email : jw@kangergroup.com
Website : www.krbamboo.com

REGISTERED OFFICE
No. 2-1, Jalan Sri Hartamas 8
Sri Hartamas
50480 Kuala Lumpur
Wilayah Persekutuan (KL)
Malaysia
Tel. : (603) 6201 1120
Fax. : (603) 6201 3121

4. All revenues are from Malaysian market based on the last few quarterly reports (after Kanger sold subsidiaries in PRC)

5. Bamboo related product manufacturing subsidiaries in PRC has been sold.

RSI(14) Neutral 44.1
Stochastic(14) Neutral 25.0
Average Volume (3M) 42,639,400
Relative Volume 0.9

https://www.klsescreener.com/v2/stocks/view/0170

Momentum (10) −0.005 Buy
MACD Level (12, 26) −0.009 Buy
Exponential Moving Average (10) 0.059 Buy
Simple Moving Average (10) 0.057 Buy

https://www.tradingview.com/symbols/MYX-KANGER/technicals/

http://www.krbamboo.com
Last date of update is 2021.

M55555

Bursa is a casino.. No need to guess , just bet up or down , like banker or player , big or small .
----------
For those who are a pure traders can folow these rules... Sometimes we stuck in certain counter... have to think long ... Here fundamental of the company is important......

RSI(14) Overbought 73.3
Stochastic(14) Overbought 85.7
Average Volume (3M) 17,471,300
Relative Volume 3.7

https://www.klsescreener.com/v2/stocks/view/5932/bina-puri-holdings-bhd

@tklim.... also for NEWBIES.
I'm here for long. If I'm a trader I already sell some newly shares bought for profit 0.5 or 1 sen. But I'm not....
Those who want to trade @Kanger, TAYOR...

Kalau masa dekat Kanger dulu masa pump up pun slow-slow, masa pump and dump pun slow-slow... Bertahap-tahap... Bagi peluang operator jual dalam keadaan volume yang besar. Bilis yang masuk perangkap sahaja yang KEOOK. He He He. TAYOR

Bilis army q 0.09 pun susah dapat....

--------------
Kalau masa dekat Kanger dulu masa pump up pun slow-slow, masa pump and dump pun slow-slow... Bertahap-tahap... TAYOR

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

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.
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....

Do you think that, NEXT the operator WON'T SHORT BPuri????
What is so special about BPuri???
----------
Posted by tklim > 16 hours ago | Report Abuse

TWO POSSIBILITIES .....

IF KANGER WANTS TO GO NORTH.......

BUY 0.17
Target1: 0.19
Target2: 0.22
Target3: 0.27
Target4: 0.3

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

IF KANGER WANTS TO GO SOUTH....

SELL 0.13
Target1: 0.11
Target2: 0.1
Target3: 0.07
Target4: 0.03


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

PLEASE TAKE NOTE THAT THE OPERATOR CAN SHORT KANGER BECAUSE THEY ARE HOLDING THE STOCKS....THEY CAN PUMP UP AND PUMP DOWN...

FIRST ROUND THE OPERATOR PUMP DOWN
SECOND ROUND THE OPERATOR PUMP UP

THIRD ROUND PUMP UP OR PUMP DOWN.....GOOD LUCK😎

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 ??

Pump and Dump already started @BPuri .... SCARRY GUYS, BEWARE!!!

He He He.... What a joke... @sang jero

But @Kanger lately, from 15 sen top, down to 5 sen and for a while transacted around it. Today, it's pushing up... Still don't know what happened next...

@scjm.. Sorry dear friend.. If you followed my posting, I mentioned earlier that I don't know about technical analysis... Only technical person can projects the price with their technical knowhow..

Could be, dear friends. But we don't know the real target @ this manipulative operator....

Saya pun berdasarkan kepada fakta, sejarah dan pengalaman. Dear friend...

Posted by Trader6666 > 35 seconds ago | Report Abuse

Too early to pump and dump. hahahaha.. tunggu 0.30 dulu

---------------
Please save your ego, dear friend... It s happened to me... And I'm like you to deny the facts.... Later lost many opportunities... Anyways TAYOR

@scjm.. Bilis ramai brother..... Big boys hanya pencetus peningkatan volume.... Bila ramai bilis ikut, itulah masa volume banyak, banyak bilis masuk perangkap... dan KABOOOM..

@Trader6666. Ya kaaa???

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

RSI(14) Overbought 76.0
Stochastic(14) Overbought 100.0
Average Volume (3M) 17,471,300
Relative Volume 0.1

https://www.klsescreener.com/v2/stocks/view/5932

Yes, this is my speculative comment on Kanger:

Kuah Choon Ching resignation as a director... I think a prelude to the emergence of new captain and new substantial shareholder in Kanger... HOPE FOR ANOTHER GOOD NEWS.

Furthermore:

https://www.klsescreener.com/v2/stocks/view/0170

RSI(14) Neutral 36.2
Stochastic(14) Oversold 0.0
Average Volume (3M) 42,639,400
Relative Volume 0.5

This same 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. BEWARE

https://www.klsescreener.com/v2/stocks/view/5932


RSI(14) Overbought 73.3
Stochastic(14) Overbought 85.7
Average Volume (3M) 17,471,300
Relative Volume 0.0

Bull*** about technicals.... At the worst time of Kanger, the lowest price was @3 sen....

I sold some (half)... Thanks to tklim..
Now a time to reload some @Kanger ....He He He

I sold some (half)... Thanks to tklim..
Now a time to reload some....

Fundamental analysis relies on financial information reported by the company whose stock is being analyzed. Ratios and metrics are created using the data which indicate how a company is performing compared to similar companies.

VS

Technical analysis, which attempts to forecast price direction through analyzing historical market data such as price and volume. Technical analysis uses price trends and price action to create indicators. Some of the indicators create patterns that have names resembling their shapes, such as the head and shoulders pattern. Others use trend, support, and resistance lines to demonstrate how traders view investments and indicate what will happen.

@OKU_2020... He He He.....
Reloaded some @5.5 sen and further to reload @5 sen (Just with a small quantity ... bit by bit to collect)...while waiting for a good news to come out.....

And then, there could be a possibility that the downturn has been changed to upward again???? PERHAPS

@sangjero... I think for now,,,, it's on nuetralise phase @Kanger... manipulator operators probably inactive...

In this BPuri, the manipulator operator seen in active mode.... Like to spam some TRUE information about BPuri..

@sangjero... I think for now,,,, it's on nuetralise phase @Kanger... manipulator operators probably inactive...

In this BPuri, the manipulator operator seen in active mode.... Like to spam some TRUE information about BPuri..

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 evaluate the fundamental of BPuri. 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

This same 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.

117 182,592 0.095 0.100 304,154
---------------
Smell something???? Let's look until the end of today's trading.. BEWARE and TAYOR

@sangjero.... agree.... all two aspects should be studied. As I said before I don't know much about technicals...

What I mad of is for MANIPULATORS ... not the SPECULATORS. For me its a different types of peoples. All of us in BURSA I think must have a sense of speculation.

The manipulators instead gather and do some manipulation on the counters they targeted....

And then, we followers could be caught in their TRAP...

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???

@ExecutiveTrade.. This same kind of technical analysis emerged while Kanger was on it uptrend phase few weeks ago. It gradually formed a few supports and breached a few resistants. After that its collapsed.... No more support when a DUMP and PUMP was started.. BEWARE.

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.

Do you think that any fellow technical analyst here will tell us when their promoted counter is already overbought???? Or there is a pump and dump activity just started??? BEWARE

Kanger also looked like this few weeks ago...When the counter was pushed up by promoter... But the tide has changed.... This upward momentum in BPuri could be also the play by manipulator operators.. Will usually happen in a fundamentally weak company like BPuri.
I don't expect any natural upward momentum could occur here. BEWARE

Thank you MeeGoreng69.

87 155,602 0.095 0.100 247,753

BEWARE of DUMPING......

Two days of higher volume on the card....

Comfirmed 80% look like the pump and dump already started????

Even have to wait for a longer time .. Compulsary for me to wait... He He He
As rainman777 song, I will still follow Kanger..He He He

1 day ago

Maybank Securities Nominees (Asing) Sdn Bhd Exempt an for Maybank Securities Pte Ltd (A/C 648849) also own 84,375,000 units of Warrant A (41.658%).
41.658

ANALYSIS OF SHAREHOLDINGS as at 29 September 2023

1. MAYBANK SECURITIES NOMINEES (ASING) SDN BHD EXEMPT AN FOR MAYBANK SECURITIES PTE LTD (A/C 648849) 211,658,700 29.913%
2. AFFIN HWANG NOMINEES (TEMPATAN) SDN. BHD. PLEDGED SECURITIES ACCOUNT FOR CHU BOON TIONG 29,078,160 4.109%
3. YEO HONG CHYE 15,522,800 2.194%

Noted that 30 largest shareholders own 51.041 percent of share shareholding.