If you had followed the past events, the departures of founding directors, major shareholders, the Perlis Royals already raised red flags. 3 nails already in, now left the final one.

This company is free for all to grab whatever they can get. They are not bothered with profits or operations. Bamboo now a side show, no more main product. All they want is cash from market. So stories after stories of whatever news will come out to prolong the milking process. With founder and MD resignation with massive losses, I am having doubts of my TP of 0.05 now. It might be 0.03 but that also cannot be sure. Cannot see the bottom at all.

0.05 soon...

Looks like it is 0.065 today

Suay suay it will drop to 0.05.

I followed this stock almost everyday since August 2020. Seen its ups and downs. The non stop self consoling analysis and hard prayers. The greed of vaccine and hardsell of some forumers here. After gloves and vaccine, it is bamboo sales. Then it is almost over, it is construction times. Now it is property story..

It is always the same story the need for justification to do a PP. Just as we hope prices will go up due to some juicy letter from Mosti, some joker dumped millions of shares. Simply they got at super cheap preferential shares. After dumping, you see all sorts of MOU and announcements, again justification of nice stories, hence share issuance coming out again. The milking cycle repeat itself.

Look at the prices pre Covid, it is 0.045 in Jan - Jul 2019. And prices started to creep up slowly to a high of 33 sen. And look at the timing of Directors resigning or selling their stake and new entrants of Steven Quah and Nur Jazlan. Lately the MD who is the founder himself sold off most of his shares..not forgetting most of the major shareholders too.

There's no need to condemn this counter, it is condemned already. Still there's a silver lining for those who dare...GE 15 is around the corner.

They will press it to the lowest for RI pricing. Let's see how low can they go.

I predicted last time it will go to 0.07, but now I think it is about 0.05.

As I mentioned earlier, everytime Kanger announced something, it means Directors are trying to shore up prices for them to dump and dump.

Hit low of 0.075, now at 0.08.

Same operandi, they issue make all sorts of share issue from esos to whatever entitlements to themselves. Then make pp to aet price trends. Retailers all think prices cannot go below pp but once listed, they all dumped from their cheap share holdings. And all kena at high level.

These people only issue shares to themselves and milked the investors to the maximum.

QR?

No one believe this counter anymore. The more news come out, the more it drop. No news is actually good news.

Kanger announce vaccine trial news but did not say it is conditional to NPRA approval and relevant authorities. Now after 2 days, then only provide additional information on this.

So price manage to rise 0.015, sellers quickly offload and now 0.090. Many kena again. This is how Kanger play this game. Every few weeks, they will come up with some announcements which is then corrected with additional conditions, hope price will rise and see if any investors will bite.

Matter of time it will drop to 0.07. Let's see what happens.

It has come to a stage for Kanger ..any good or bad news will definitely be bad news for prices. No one believe in this stock anymore.

Contractor and Developer are totally 2 different people. Contractor build where ever it is for contract sum. In fact in Genting Highlands is a big challenge to transport materials and availability of workers, not forgetting humid atmosphere.

My prediction it will drop until 0.07 in the coming months.

These people no need to collect at low prices but they issue shares to themselves at lower than low prices. Then create some news to excite every one.. Then they dump. Whatever up tick, even half sen is already extra bonus for them. They don't even announce if the MOU or whatever ventures had been cancelled. They just went super quiet and try to squeeze whatever they can from public.

18K..below 10 sen..who say?? Hahahahaha...

Got contract does not mean got profits.

Gloves announced then quiet. Vaccine goreng so hard then no news. PP same same. All hope prices go up but directors throw. If MD also sell and no confidence, all have to run. From 0.33 now to 0.095. Facts don't lie.

Old tricks. So many times every time got news, Directors starts to sell. All kena conned.

This one really bamboo snake. Stay far far away.

Headless chicken

If QR good, Directors won't be selling so early.

Market information for your reading pleasure.

Leading players of Bamboo Flooring including:
Yoyu
Dasso
Jiangxi Feiyu
Eco Bamboo & Wood
Tengda
Jiangxi Shanyou
Sinohcon
Tianzhen
Kang Ti Long
Huayu
Kangda
Kanger Group
Zhutao
Jiangxi Lvbao
Us Floors Inc
Teragren
Bamboo Hardwoods

This company couldn’t care less about investors. All they do is to issue more and more cheap shares for themselves and sell to get more funds. Directors all doing the same. You die your problems as long as I make money mentality. No corporate responsibility.

https://www.msn.com/en-my/news/national/health-ministry-to-launch-probe-into-covid-19-vaccine-distribution-deal-claim-by-mestron/ar-BB1dfft6?ocid=msedgntp

They issue shares, then issue letters, then they sell........they issue shares again...and new MOUs and sell again

They issue price at 0.065 and dump again...if sell now will get 200% @ .130. Easy money man...

It was reported that Chinese vaccines could not find enough old people to conduct 3 stage trials both in China or overseas.Therefore it is limited up to age of 59 only.
Old people are advised not to take until further tests are conducted.

Come....how low can you go? It doesn't affect me..not bothered. Hahahaha...

PleaseRunFirst Enjoy your Limit Down wakakakakakak

PN17? Hahahaha...u know what is PN17?

As said...this is a very erratic siao lang counter...

Chiong time usually 11.00 ++ and 3.30 ++. That's my observation so far

Directors selling while it is still at 0.14. That's big hint already.

the interest is waning by the day

Bamboo only...no more vaccine.

Vaccine already mati. Kanger did not submit approval although Sinopharm already approved in China. Dead.

Steady...u can try contacting Wu in Linkedin. I tried but he did not respond.

Let's see if it can beat its own record of 0.90

This counter very erratic..it can bang bang bang up very fast and dump dump dump also very fast. I mean really fast.

I monitor whole day it doesn't move, I go toilet it start to go up.

Confirmed only Pfizer submitted to NPRA. No one else. Even if submit today, it will take months before it can be approved. I think it is game over...

Shoot, Interestingly BOD sell at 0.14 for these 25m shares but market price at 0.15 - 0.155. Why sell so low?

newbie, be very careful what you read here...don't swallow everything.

Everytime got press release, bilis chase and directors sell la. Same trick to trap bilis...works every time.

Kanger founder & MD no longer substantial shareholder.

Already said, something wrong with this company...Press release is to shore up prices or to stabilise prices when sell down. I suspect selldown will continue..in batches.

This week awaiting for BNN to announce lower BLR. Market sentiments very weak.