Lol this stock. Useless.

Almost breakout just now. Let see.

Iconic also at support level now

Between iconic and Mah Sing, which one will be a better buy? Both will be producing gloves.

Between iconic and Mah Sing, which one will be a better buy? Both will be producing gloves.

I will only consider entering if the price drops. Now it is a bit overpriced.

Whats the TP of this stock

Too quiet on the progress of gloves and vaccine...Nobody knows if it is still on or cancelled.

Truth is most people are here due to the vaccine and glove announcement only. Not the other stuff.

Mark my words, tomorrow stock price will reach 155 then close at 145. Very predictable lol

Noobie123 Yes, no problem with diversification which would be good for the future of the company. However, why after each announcement, there is no followup announcement ? How to gain the confidence of the investors like that? On top of that the BOD keep changing and disposing shares. This company really needs a hire more capable BODs. Then i am sure Kanger will prosper.

Noobie123 I agree with you.

If it was so easy to secure, kanger would have already sealed an agreement for sinopharm vaccine by now since it has already been approved in China.

The main problem is that China already fulfilled their promise to supply vaccines to Malaysia via Sinovac. So honestly I don’t know what are the chances of kanger securing sinopharm vaccine when the demand for sinopharm in other developing countries are high.

What’s the tp for this stock ?

Sometimes market sentiment determines the price

20sen is too ambitious

The chart honestly doesnt look good.

Truth is institutions already left gloves and moved on to tech stocks. Now it is just retailers selling to other retailers.

Price is sideways up down up down

sure boh

Why the price never rise?

Anyone knows why the price is heading downwards?

Noobie123 I panicked when the price dropped to 140 on Friday. I bought at 145 and i quickly sold back at 145 lol

Monday will either close at 140 or 155. Its either 2 of this possibilities.

Still no news on Sinopharm. Too quiet.

https://www.freemalaysiatoday.com/category/nation/2021/01/16/workers-from-4-top-glove-factories-positive-for-covid-19/

Will gloves alone be able to increase their revenue ? I do not think property sector will recover this year.

Lets see monday which direction. It just looks like a technical rebound from the charts.

I wonder what happen to the plan to venture into gloves...

They are indeed playing around with words

Wrong timing to diversify into construction during this time. Really no brains. Better to diversify into tech or renewable energy.

Why have earnings been decreasing every year ? Any reason ?

The problem is not the projects. The problem is they do not update the shareholder of the progress of the various projects or whether it has been cancelled or put on hold. Very silent.

Hello I need an honest answer here. Is this company fundamentally good for long term holding? What is a conservative one year TP ?

Glove and vaccine never materialized and now want to move into construction pula zzzz

This stock wont be able to return to the peak it reached last year. This is the reality.

This stock so power never ending up. Was hoping for correction which never really came

lol so many diversifications

If the director keeps selling and doesn’t buy back it sends bad sentiment to investors.

These people are crooks

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3121716

Read the last part. The hint is there “ As and when iNix has received the approval from MoH, iNix would be able to import the vaccine and supply the same to MoH to conduct 3rd Phase Clinical Trial in which it would be fully sponsored by iNix as INIX’s CSR initiative. This first clinical trial in Malaysia is expected to involve approximately 3,000 volunteers.” The “approval” refers to approval to import the vaccine for clinical trial and not approval to market in Malaysia. Otherwise why do you still need to conduct clinical trials when the vaccine is already approved ? Conflicting isn’t it ?

The announcement mentions clinical trial at the end. Inix role is only got to do with the clinical trials

Queue for fun

Technical rebound

Hit resistance

Queueing at 0.145 wonder whether can get

The price seems to be going back down.

No wonder