Still evaluating for new entry... still keeping some my holding..

Agree..

Itu senang kira teori MONKEY yang suka goyang pokok... Lebih baik sembunyi dalam hutan saja, sebab banyak pokok ... He He He

let the market determines it????
We don't need monkey to goncang pokok.... And later affecting our decision on the counter... He He He

tklim

CAN MAKE MONEY FROM KANGER...MONITOR CLOSELY..

AT THE RIGHT PRICE ....AT THE RIGHT TIME

21 hours ago

Sung Master proven contributed to the P&L of Kanger...
Construction - Nil contribution to the revenue....

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.
-------
As expected:
Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

5 days ago | Report Abuse

Expecting better performance in incoming QR announcement.....
can be caused by:
1. profit generated by subsdidiary, and / or
2. Reversal of impairment loss from the earlier QR.

### Be noted that this is just my unprofessional opinion. Please consult your professional agent on this matter. He He He

The sign of fundamental of the company should be there....

Eager to look @ QR..... Can englithten some issues.... TAYOR

Goncang pokok pun tak guna.....

@rainman77. Ye ke??? Baru boleh lihat thread. He He He
Gang OKU_2020 sudah masuk hutan ke???

Mungkin pokok di hutan ada peluang goncang bagi dapatkan BUAH.....

Proven...... Monkey penggoyang pokok sedang BOOM kaunter Kanger.... dan lain-lain kaunter tanpa sebab yang saya sendiri tak faham.....

Yang goyang pokok... Siapa ya?

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 40 sen plus.

It can be a buffer even if the company has to suffer operating losses in the next few quarters .

Let the power of market determines Kanger's share price....

It's normal for me. Even pump and dump. We can find the good point of entry and exit... If we are clever and smart we can do it!!!!

Harapkan monkey.... Setiap masa negatif saja, untuk semua kaunter..

Monkey tak pernah terkejut goncang pokok... Ada buah atau tidak, apa kira!!!! He He He

Betul, prove sudah ada monkey yang melompat2... He He He

Macm baru sehari main saham????

Monkey tetap monkey Goyang2 pokok lepas tu tertawakan orang lain.. He He He

Still waiting for another clues...

Macam sehari main saham... Terberak, terkencing, goyang pokok macam crazy monkey.

Yang goyang pokok... Siapa ya?

I'm waiting for an incoming QR announcement. I think it will enlighten so many issues.....

Guys, with an open heart can analyse this:

Based on QR5 2023:
Net Debt Ratio.
Net Debt = Gross Debt – Cash and Cash Equivalents
= (Current liabilities + Non-current liabilities) - Cash and cash equivalents
= (RM48,619,000 + RM2,364,000) - RM621,000
= RM50,983,000 - RM621,000
= RM50,362,000. (Be noted that the investments value including the Genting condo is not accounted as the company’s cash equivalent because its classified under Investment properties (non-current assets).
The net debt value is positive. A positive net debt implies that Kanger possesses lack of cash and cash equivalents than its financial obligations, and hence is more financially unstable. The problem concerning its lack of cash and cash of equivalent also will dampen company’s ability in its operational expanses. Therefore, I rather suggest that one of the possibility for the company to seek for more funding such as by exercising RI or private placement.
Private placement may give a result which there will be a new shareholders invited in the company. The company also could do some divestments of its investment, such as the Genting condo if necessary.
However, the net debt metric should not be used alone to determine a company’s financial health. It should be used in conjunction with other liquidity and leverage ratios such as the current ratio, quick ratio, debt ratio, debt-equity ratio, etc.

Kangers’s Current Ratio
For example we can calculate Kanger's current ratio. The current ratio is a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year. It tells investors and analysts how a company can maximize the current assets on its balance sheet to satisfy its current debt and other payables. Kangers' current ratio is current assets - current liabilities = RM141,171,000 / RM48,619,000 = 2.90.
The value is more than 1.0, therefore we can simply say that it's OKAY. (Be noted that while a current ratio is greater than 1.00 indicates that the company has the financial resources to remain solvent in the short term).

Kanger’s Debt Ratio
We can determine Kanger's debt ratio. Kangers's debt ratio = Total debt / Total assets = RM50,983,000 RMRM343,925,000 = 0.14 (means 14%).

The debt ratio is a measure of financial leverage. A company that has a debt ratio of more than 50% is known as a "leveraged" company. As Kanger’s debt ratio is only at 14%, we can simply say that it’s good. Its debt ratio is lower than its equity ratio. It means that the business uses less of debt to fuel its funding.

Substantial shareholding structure
The Proposed Acquisition will not have any effect on the substantial shareholders' shareholdings as the Proposed Acquisition will be fully satisfied in cash and does not involve any issuance of Kanger Shares.
-------------
2.4 Source of funding
The Purchase Consideration will be satisfied via internally generated funds and/ or bank borrowings, the breakdown of which will be determined at a later date by the Board.

Booooommmm. OKU_2020 tak pernah terkejut goncang pokok... He He He

Let the power of market determines Kanger's share price....
Jangan setiap masa negatif saja, untuk semua kaunter.. Itulah saya cakap...

MONKEY yang hanya suka goncang pokok tanpa ambil kira ada buah atau tidak.. Adakah ia menepati perangai awak, OKU_2020????

@OKU_2020... It's OKAY OKU_2020. It's normal for me. Even pump and dump. We can find the good point of entry and exit... If we are clever and smart we can do it!!!!
ARE WE SMART????

But for me, it's better for Kanger to buy investment assets/business like Condo and Sung Master company copared to certain companies which always in losses to buy company listed shares (within its group of companies) and sold them back with huge losses. He He He

@Konnichiwa... 100% Agree .

Thank you OKU_2020,,,,,

Tetapi, MONKEY yang hanya suka goncang pokok tanpa ambil kira ada buah atau tidak.. Is it you, OKU_2020????

Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

2022-07-26 11:00 | Report Abuse

@XXXXX. From your knowledge is it that kanger had sold all their bamboo business in China for rm20 million. Also sold their properties of two buildings and land for over rm250 million . Means kanger moves the business back to Malaysia? Pls share
----------
The proposed sale of their two buildings and land for over rm250 million is still a mystery??????

### Be noted that this is just my unprofessional idea. Do your own research... TAYOR.....

fl888

Con game…in the end Kanger will be in heavy debt../
--------------

Agree.... Unless the company can funding more cash internally..... example.... Disposal of current investment/asset with profit to fund the new investment....

### Be noted that this is just my unprofessional opinion.

Expecting better performance in incoming QR announcement.....
can be caused by:
1. profit generated by subsdidiary, and / or
2. Reversal of impairment loss from the earlier QR.

### Be noted that this is just my unprofessional opinion. Please consult your professional agent on this matter. He He He

Substantial shareholding structure
The Proposed Acquisition will not have any effect on the substantial shareholders' shareholdings as the Proposed Acquisition will be fully satisfied in cash and does not involve any issuance of Kanger Shares.
-------------
2.4 Source of funding
The Purchase Consideration will be satisfied via internally generated funds and/ or bank borrowings, the breakdown of which will be determined at a later date by the Board.

Yesssss. OKU_2020 with his BOMB of lies.

MONKEY yang hanya suka goncang pokok tanpa ambil kira ada buah atau tidak.. That is OKU_2020.

Nafsu serakah... Normal behaviour ????. He He He

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 40 sen plus.

It can be a buffer even if the company has to suffer operating losses in the next few quarters .

Guys, with an open heart can analyse this:

Based on QR5 2023:
Net Debt Ratio.
Net Debt = Gross Debt – Cash and Cash Equivalents
= (Current liabilities + Non-current liabilities) - Cash and cash equivalents
= (RM48,619,000 + RM2,364,000) - RM621,000
= RM50,983,000 - RM621,000
= RM50,362,000. (Be noted that the investments value including the Genting condo is not accounted as the company’s cash equivalent because its classified under Investment properties (non-current assets).
The net debt value is positive. A positive net debt implies that Kanger possesses lack of cash and cash equivalents than its financial obligations, and hence is more financially unstable. The problem concerning its lack of cash and cash of equivalent also will dampen company’s ability in its operational expanses. Therefore, I rather suggest that one of the possibility for the company to seek for more funding such as by exercising RI or private placement.
Private placement may give a result which there will be a new shareholders invited in the company. The company also could do some divestments of its investment, such as the Genting condo if necessary.
However, the net debt metric should not be used alone to determine a company’s financial health. It should be used in conjunction with other liquidity and leverage ratios such as the current ratio, quick ratio, debt ratio, debt-equity ratio, etc.

Kangers’s Current Ratio
For example we can calculate Kanger's current ratio. The current ratio is a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year. It tells investors and analysts how a company can maximize the current assets on its balance sheet to satisfy its current debt and other payables. Kangers' current ratio is current assets - current liabilities = RM141,171,000 / RM48,619,000 = 2.90.
The value is more than 1.0, therefore we can simply say that it's OKAY. (Be noted that while a current ratio is greater than 1.00 indicates that the company has the financial resources to remain solvent in the short term).

Kanger’s Debt Ratio
We can determine Kanger's debt ratio. Kangers's debt ratio = Total debt / Total assets = RM50,983,000 RMRM343,925,000 = 0.14 (means 14%).

The debt ratio is a measure of financial leverage. A company that has a debt ratio of more than 50% is known as a "leveraged" company. As Kanger’s debt ratio is only at 14%, we can simply say that it’s good. Its debt ratio is lower than its equity ratio. It means that the business uses less of debt to fuel its funding.

Anyways, there are more ways to evaluate the company’s financial performances..... TAYOR

@MarioBros.... Another ideas by you, I just can accept and admit it. The counter is in play by insiders or operators. Its up to you to say your own ideas or strategy in this counter.

BUT, the point I got mad at you is about the PN17/GN3 probabilities.
Don't just pouring lies without some analysis on the counter..

Yesssss. OKU_2020 with his BOMB of lies.

@MarioBros.... Another ideas by you, I just can accept and admit it. The counter is in play by insiders or operators. Its up to you to say your own ideas or strategy in this counter.

BUT, the point I got mad at you is about the PN17/GN3 probabilities.
Don't just pouring lies without some analysis on the counter..

@MarioBros. About it shareholder Sii Tung Nai, he's not a pure shareholders in Kanger. He just been substantial shareholder by having payment of its sold shares in his company (partly by cash and partly by shares). The real investor in Kanger for example is Mr Kuah Choon Ching. I think it's more accurate to accept your idea on this if it's involves Mr Kuah Choon Chin who disposed its shares and left the company.

@flatso... Aku memang pantang kalau dalam tread mana-mana saham ada golongan yang hanya nak sebarkan fakta tipu demi mencapai objektif sendiri...

Orang macam nilah saya katakan macam MONKEY yang hanya suka goncang pokok tanpa ambil kira ada buah atau tidak.. That is OKU_2020.

Kalau nak beri pendapat negatif kepada kaunter pun, biar fakta betul dan reasonable.
Thread ni pun public domain... Saya sendiri mengalu-alukan maklumat benar yang mungkin saya sendiri tidak sedar/tidak tahu bagi menilai kaunter ini...

@MarioBros.... you can check this criterias on Kanger's latest accounts....
Is it any of these criterias shown on its account?????

Lain kali kalau nak jadi MONKEY pun jadilah monkey yang ada class... HE HE HE

To educate MarioBros..
Be noted that Kanger is an ACE counter.. Its GN3, not PN17.

The GN3 Relief Measures will be available to the listed issuer if it triggers any one of the following criteria under GN3 of the ACE LR ("Suspended Criteria"):-

a) its shareholders' equity on a consolidated basis is 25% or less of its share capital;
b) It has incurred loss in any 1 full financial year (“FY”) commencing on or after its listing, which is equal to or exceed the amount of its shareholders’ equity at the end of the said FY and its shareholders’ equity is equal to or less than 50% of its share capital at the end of the said FY;

c) it has incurred aggregate losses in any 2 consecutive full FYs commencing on or after its listing (“said financial period”)-

(i) which exceed the amount of its shareholders’ equity at the end of the said financial period;

(ii) the loss incurred in the 2nd full FY of the said financial period is 50% or more of the loss incurred in the 1st full FY of the said financial period; and

(iii) its shareholders’ equity is equal to or less than 50% of its share capital at the end of the said financial period;


d) the auditors have highlighted a MUGC or expressed a qualification on the listed issuer's ability to continue as a going concern in its latest audited financial statements and its shareholders' equity on a consolidated basis is 50% or less of its share capital (excluding treasury shares); and

e) default in payment by the listed issuer, its major subsidiary or major associated company, as the case may be, as announced pursuant to Rule 9.19A of the ACE LR and the listed issuer is unable to provide a solvency declaration to the Exchange.

Guys, with an open heart can analyse this:

Based on QR5 2023:
Net Debt Ratio.
Net Debt = Gross Debt – Cash and Cash Equivalents
= (Current liabilities + Non-current liabilities) - Cash and cash equivalents
= (RM48,619,000 + RM2,364,000) - RM621,000
= RM50,983,000 - RM621,000
= RM50,362,000. (Be noted that the investments value including the Genting condo is not accounted as the company’s cash equivalent because its classified under Investment properties (non-current assets).
The net debt value is positive. A positive net debt implies that Kanger possesses lack of cash and cash equivalents than its financial obligations, and hence is more financially unstable. The problem concerning its lack of cash and cash of equivalent also will dampen company’s ability in its operational expanses. Therefore, I rather suggest that one of the possibility for the company to seek for more funding such as by exercising RI or private placement.
Private placement may give a result which there will be a new shareholders invited in the company. The company also could do some divestments of its investment, such as the Genting condo if necessary.
However, the net debt metric should not be used alone to determine a company’s financial health. It should be used in conjunction with other liquidity and leverage ratios such as the current ratio, quick ratio, debt ratio, debt-equity ratio, etc.

Kangers’s Current Ratio
For example we can calculate Kanger's current ratio. The current ratio is a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year. It tells investors and analysts how a company can maximize the current assets on its balance sheet to satisfy its current debt and other payables. Kangers' current ratio is current assets - current liabilities = RM141,171,000 / RM48,619,000 = 2.90.
The value is more than 1.0, therefore we can simply say that it's OKAY. (Be noted that while a current ratio is greater than 1.00 indicates that the company has the financial resources to remain solvent in the short term).

Kanger’s Debt Ratio
We can determine Kanger's debt ratio. Kangers's debt ratio = Total debt / Total assets = RM50,983,000 RMRM343,925,000 = 0.14 (means 14%).

The debt ratio is a measure of financial leverage. A company that has a debt ratio of more than 50% is known as a "leveraged" company. As Kanger’s debt ratio is only at 14%, we can simply say that it’s good. Its debt ratio is lower than its equity ratio. It means that the business uses less of debt to fuel its funding.

Anyways, there are more ways to evaluate the company’s financial performances..... TAYOR

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 40 sen plus.

It can be a buffer even if the company has to suffer operating losses in the next few quarters .

@MarioBros. Don't tal kok here. Maybe this guy is the OKU_2020 (With his BOMB lies)..

Do you understand why certain company listed under PN17 or GN3 status???

Let's see an incoming QR release... End of this month.