Yes, the late MD Richard Wong run this company very well in the past. Now it is all in deep shit.

After so long, still same old story.

Drifting aimlessly. What a waste.

I think this can beat Kanger...LOL

Fitters without its former founding owner is like ship without Captain.

Gosh..this company is just unbelievable.

ten sen coming

When play kanger, don't be degil. Hehe..

Popcorn price

Winners and losers in this counter say it all. No need to compare or despair.

@MZM2511 One no need to buy assets wholly by cash. It can be part cash, part in lieu of cash using shares. Most probably that's how Miss Chai became a shareholder. Then again, valuation of the transacted shares become an interesting subject, at what is the actual cost.

It is like sugar cane juice first pass through rollers....no more juice and dried up, soak in water and do second pass in rollers....when is the 3rd soak in water?

Morgan Stanley as investor?

The founder is not there to drive the company. The family sold off all the shares. Interesting to see who is the new shareholder.

After all these, what assets does Kanger really have left? Or is it going through asset stripping exercise? Or it is finding it difficult to get loans to finance its Sung Master and construction projects? Surely if it is as profitable as it is, banks are willing to lend. Why sell assets to finance these projects?

Kanger sold Hotel and Expo building in China. The present factories were built on State land in a JV with local Government or on own land?

Kambing curry cooked and can tapau now.

Kambing already...damnn...

Bankers also don't want CCC junk bonds, matter of time suppliers also sue for payments to protect their interests.

Another target...

If anyone here remembered last year when PP was done at 0.155. Many caught, cut loss until no tomorrow. Same thing happened. After exercise, price just fell like stone.

Unless you are in the building construction industry, you see things very differently.

http://my.china-embassy.org/eng/sgxw/t1908324.htm

Google search Aset Kayamas Genting and read the google reviews there. Happy reading.

Don't worry...I am not mad nor spammer. I am just giving out public info. Throw spanner means upsetting the flow of thoughts, nothing more than that.

Try to type Kanger in "search" in List of Licensed Importers and see the results youurself.

I am not trying to throw spanner here. Just wanted to tell the actual facts as I see it.

Import Licence / Lesen Mengimport
Importers are required to apply for an Import Licence in order to import and sell by wholesale or supply registered products from their premises.

Wholesaler’s Licence / Lesen Pemborong
Wholesalers are required to apply for a Wholesaler’s Licence in order to sell by wholesale or supply registered products from their premises.

Source: NPRA FAQ

MZM2511...Category A is for Poisons. It cover all drugs including vaccine. Licensed Wholesaler and Licensed Importer is different. One is to distribute locally while the other is the Import Permit to bring into the country.

So is Kanger Licensed Importer of vaccine?

MZM2511,
According to the Controls of Drugs and Cosmetics Regulations 1984, any company that want to manufacture, import or wholesale any registered products need to have Manufacturer’s Licence, Import Licence or Wholesale Licence. Licensing & Certification Section is involved in the activity of issuance of Licence. ( Source: NPRA - Ministry of Health Malaysia)

Question: Does Kanger has any of the above, taking note it is not involved in this pharmaceutical industry. It has no experience nor track record.

As to the donation from UAE, the route to procure these free vaccines must go through the licensed companies as per NPRA. As far as Hayat is concerned, though it is Sinopharm manufactured under licence, it is still subjected to be audited and approved before it can be brought in. The name can be the same but the plant is different, the QC and formulation must be certified just in case of any deviation.

https://www.thestar.com.my/business/business-news/2021/10/15/duopharma-distributes-sinopharm-covid-19-vaccine

KUALA LUMPUR: Duopharma Biotech Bhd’s unit is distributing the Sinopharm Covid-19 vaccine following the arrival of a shipment as the company contributes to the vaccination efforts in Malaysia.

The company said on Friday its unit Duopharma (M) Sdn Bhd is the product registration holder approved to sell and distribute the vaccine.

I follow this Kanger since last year August. I did not want to comment when RI was called. My tots now are the trends and strategies of directors almost same. They will announce projects to create excitement. Whether real deals or just MOU remain to be seen. But they will try to stir up the prices every time and because Kanger got so much of floating shares, small time investors will dump at every opportunity. It will be very difficult get gains of even 2 sen support.

Terrible construction. Stay far away.

This company has not much land left to do projects. Their Puteri Harbour project got so many defects, owners started to sue them. Goreng goreng over last few weeks.

Hello guys, my 2 sen here.....I think the biggest challenge in this huge ship is there's no single or group of shareholders large enough to influence the prices. Every time there's any effort to pull up the price, the small timers will throw.

August 2020 - 0.33 sen.
August 2021 - 0.045 sen

Is this is good time to buy enbloc and sell at a profit when market sentiments is down?

https://www.freemalaysiatoday.com/category/nation/2021/08/18/houses-at-half-price-anyone/

Today stock market will be red..PM resigning.

Other people keep getting orders....

KUALA LUMPUR: Pharmaniaga Bhd’s unit has inked an agreement with the government to supply an additional six million doses of the Covid-19 vaccine.

Very hard to cari makan these days...

Has Pharma gotten the renewal for medicine supply contract from Government yet?

Bro MadCow, The roticanai man will protect the GLC companies at all cost. Be careful....

Means prices would be capped...no more high prices for private vaccines. Good for the rakyat.

https://www.msn.com/en-my/news/national/pac-wants-private-market-sinovac-price-kept-reasonable/ar-AAMBL8A?ocid=msedgntp

Profits is one thing. Able to collect debts is another especially at these pandemic times.

I believe the booster shots will not be the same as the present ones. It would be new type to counter Delta or Lambda more effectively. No point using same one when the recipe is not effective.

I was at MITI Pikas Industrial Program at SACC Shah Alam yesterday, thousands of foreign workers all queuing up for vaccinations. No need private vaccine at all for these workers.

After 1/8/21, people including undocumented foreigners from Selangor / KL can walk in without registration for vasin at all centers.
Sarawak already confirm no need to buy anymore vaccine.
https://www.theedgemarkets.com/article/vaccines-provided-under-pick-are-enough-sarawak-%E2%80%94-dr-sim

Yes, private market will be there. Just only who can run fastest.It will be vaccine price war..so far only Sinovac & Sinopharm approved for 3-17 yrs. Pfizer for 12 - 17 yrs. Moderna will be next coming in.

There will be plenty of private vaccine brands to choose from in future. The fight to get distributorships and approvals is over. It is now about getting the sales and making profits. Which company has the best and fastest sales network to supply to the public will win the race.

The art of deception and projection...