Patience99

@MZM. From your accounting view how is it possible for kanger to make such a huge quarterly loss every quarter? Poor management?

Answer: All the big losses in the latest quarter reports related to problems caused by pandemic and the disposal activities of the PRC subsidiaries. Its involved big "other operating expenses".

Poor management??? Could be one of the factor.... Also can be other factors too....

Patience99

Patience99. MZM.
.... 1. From your knowledge is it that kanger had sold all their bamboo business in China for rm20 million.
Answer: I think so. No more revenue from PRC.

..... 2. Also sold their properties of two buildings and land for over rm250 million.
Answer: Not so sure about this. Can not confirm based on the QR reports. But I think more than 70% probability that the subsdidiaries sold should included the assets and liabilities of the companies.

3. Means kanger moves the business back to Malaysia? Pls share
Answer: 100% agree. All the revenue recorded from businesses in Malaysia (construction works, sales of construction materials and a little bit sales of healthcare goods).

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.

Upon the expiry of the 18 months from the GN3 Relief Announcement on 23 April 2022, the Company has re-assessed its GN3 condition based on the Audited Financial Statement for the Financial Year Ended 31 July 2021 as circulated on 28 December 2021 and unaudited first quarter results ended 31 January 2022 as announced on 31 March 2022.



Based on the re-assessment, the Board of Directors of Nexgram wish to announce that the Company no longer trigger any of the GN3 Criteria and hence no longer requires the GN3 Relief with immediate effect.



This Announcement is dated 27 April 2022.

RM0.005 = 0.5 sen. 0.005 sen is not 0.5 sen. I hope it's only your typo. He He He

@JJPTR... Okay noted.
Begitulah nasib kompani yang penuh najis. Ramai spekulator/manipulator saham termasuk superbulltaik dan awak sendiri hari-hari datang berak dan kencing di sini.. He He

Kalau superbulltaik memang jelas dia cakap tujuannya nak kasi harga turun untuk dia beli pada harga rendah... AWAK BAGAIMANA PULA JJPTR????

BilisMasin

..... Apa bisnes pun takda
--------

Is it true as Bilis Masin said, dear Superbull8798???

Based on the last 4QR Individual Quarter'

Revenue increased significantly by RM98.0 million or more than 100% in the current financial quarter ended 31 March 2022 (“Q42022”) as compared to the corresponding quarter ended 31 March 2021 (“Q5 2021”) mainly due to:-

(a) additional source of revenue from construction business segments amounting to RM90.8 million; (Note: As an evidence that the construction work is a new main source of revenue for Kanger).

(b) additional source of revenue from selling of building materials amounting to RM7.4 million; and (Note: this is a contribution from the Sung Master aquisition by Kanger).

(c) additional source of revenue from selling of medical and health care products of RM0.9 million. (Note: Revenue from the sales of heath care products such as face mask)

Also be noted that the revenue from the bamboo related goods in PRC = 0.

The gross profit recorded in Q4 2022 increased by more than 100% as compared to gross loss recorded in Q5 2021 mainly due to absent of higher discount given previously to the customers to clear some old stocks in Q5 2021.

Okaylah. Sekarang misi awak untuk scam dan terus kencingkan company dengan semua pelabur runcitnya sekali. Bakar saja kelambu dengan nyamuk-nyamuknya sekali. Biar awak puas hati dan gembira.
Awak memang scammer yang baik. Dari dulu sehinggalah sekarang, dalam thread counter ini. SEMUGA AWAK MAJU JAYA DAN LUTNAM. ...

BilisMasin

Kah kah kah kah

cukup2 la kena kencing dgn company ni
--------
Okaylah. Sekarang awak teruskan pula kencingkan company dengan semua pelabur runcitnya sekali.

Bakar saja kelambu dengan nyamuk-nyamuknya sekali. Biar awak puas hati dan gembira. He He He

BILLC

Agent 2511 what about yourself promoting from 60 sen RI all the way down to 4 sen now??
-----
My first entry price was @ 10.5 sen before tthe RI and consolidation. It was at the midle of downturn side of the counter's price. From that point I started to share some news about this counter. I probably won't interfere if I wasn't investing in certain counter.

BilisMasin ..... kasi bangkrap ajalah
-----
You got scammed and already out from this counter....
And now keep repeating scam by your own on the counter...
We the existing shareholders should feel the heat by your act.

But, it's okay. It is the real risk in investing......

EeRickLee0714

wont say now is the good time overall investors need more confidence coming from the team
----------
Agree. KLSE itself in downturn. The incoming QR for Kanger only will be announced in August..... Is it any chance for the company to show a better QR or not????

reload some @ 4 sen.

@DickyMe2....... LOL..You tengok history harga SAPNRG boleh tahu leh.
Dari harga Mahligai jadi rumah setinggan. Kikikiki
---------
Kalu inilah logiknya berkaitan dulunya harga mahligai sekarang jadi harga rumah setinggan, SAYA RASA atas logik itu, Top Glove pun akan delisting SOON.. He He

Its business prospects and progress are still viable..

...... For the current quarter ended 31 March 2022, the Group recorded revenue of RM22.60 million as compared to RM17.98 million in the corresponding quarter ended 31 March 2021, an increase of RM4.61 million or 25.65%. The higher revenue was mainly due to the increase in revenue contribution from commercial laundry equipment business segment, healthcare products business segment, health food and beverage business segment and laundry services business segment.

BCM equity condition also still good, kicking and HEALTHY.... He He

LIABILITIESEQUITY
Share capital RM140,291,000
Other reserves RM17,553,000
Retained earnings RM19,071,000
Equity attributable to owners of the Company RM176,915,000

1. For illustrative purposes, an indicative issue price of ...... RM0.045...... per Placement Share (“Indicative Placement Issue Price”) represents a discount of approximately 9.82% to the 5D-VWAMP of Bina Puri Shares up to and including LPD of RM0.0499 per Share. Based on the Indicative Placement Issue Price, the Proposed Private Placement will raise gross proceeds of approximately RM21.57 million.

2. In any event, the discount of the issue price of the Rights Shares shall not be more than 30% of the TERP. For illustrative purposes, an indicative issue price of ......
RM0.035 .... per Rights Shares (“Indicative Rights Issue Price”) would represent a discount of approximately 20.27% to the TERP of Bina Puri Shares of approximately RM0.0439 per Share calculated based on the 5D-VWAMP of Bina Puri Shares up to and including LPD of RM0.0499 per share.

Projek Tenaga Solar Terapung dapat peruntukan RM500 juta

https://www.youtube.com/watch?v=PKf8utEKSzY

https://www.youtube.com/watch?v=jiYMaolbibQ

REMINDER..

ANYWAY, As claimed by scenery:
... Con liar stockraider aka whistlebower99 aka thehoff spamming all penny stocks here n in FB GorengGroupFB. He non stop since early 2021 days n nights, working very hard for syndicates to collect at low n causes all penny stock lost above 5,000% - 10,000%

He use company PP to spam down price even after those have alredi consolidated n RI, until they fall below consol price. Ridiculously. This conman has caused millions of people losing huge yet he say he help newbies.

lehubeng

revenue rm22344, but profit rm34931.... means possible QR valued VR share at 0.16 ...
------
On 31 March 2022, Verde quoted price is closed @ USD 0.1465. I think, the value of Verde shares in the last QR should be valued based on this price.

--------------
28.06.2022
VRDR
Verde Resources, Inc. 0.1900 +0.0700 +58.33%

The new substantial shareholders bought 745,236,000 unit of shares or 9.14% @ 5.1 sen.

Notice of Sale or Cancellation of Treasury Shares Pursuant to Section 127 of CA 2016

Date of shares sold from 24 Jun 2022 to 24 Jun 2022
Currency Malaysian Ringgit (MYR)
Number of treasury shares sold/transferred/distributed (units) 745,236,000
The minimum price at which the treasury shares were sold ($$) 0.051
The maximum price at which the treasury shares were sold ($$) 0.051
Total consideration received for the treasury shares sold ($$) 38,320,261.00

In a Brent crude oil price forecast that targeted a price of $103 a barrel in the second half of 2022, the EIA said oil price movements were largely dependent on the situation in Russia. A long-term oil price forecast for 2023 by the EIA gave a WTI forecast price of $93.24.

Both Citigroup and Barclays raised their oil barrel price predictions for this year amid ongoing delays to a deal with Iran, with Citi predicting an average price of $113 pear barrel, and Barclays giving a Brent crude price target of $111 for this year and next.

In a report to clients, Goldman Sachs predicted that the price of oil could hit $140 this summer.

In their 2021 Annual Energy Outlook giving an oil market forecast, the EIA predicted that the Brent price could be $61 and WTI $59 in 2025, and for Brent to be $73 and WTI to be $71 in 2030.

“Actual price outcomes will largely depend on the degree to which existing sanctions imposed on Russia, any potential future sanctions, and independent corporate actions affect Russia’s oil production or the sale of Russia’s oil in the global market,” said the IEA.

Note that analysts’ oil price projections can be wrong. Forecasts shouldn’t be used as a substitute for your own research. Always conduct your own due diligence before investing. And never invest or trade money you cannot afford to lose.

No. It's just a posting in Kanger thread.
I purposely forwarded the post as an example how did the speculative spammer work in certain counter thread.

Hi..... All dear speculating spammers... Good luck to you all...

Kalau macam ni, mana boleh wujud lagi keyakinan kepada sesuatu kaunter. Naik satu bit orang akan terus jual. Tunggu turun untuk beli balik. Last-last sepanjang masa kaunter itu akan dalam down lah. Apa nak buat.

Satu lagi. Sila tengok perakuan spammer Superbull8798. Ianya seangkatan dengan lain-lain spammer. Nampaknya mereka memang serang mana-mana kaunter untuk turunkan harga dan dapatkan beli pada harga rendah. Semua tiru modus operandi wistlebower99 dan gengnya.

Hi..... All dear speculating spammers... Good luck to you all...

Kalau macam ni, mana boleh wujud lagi keyakinan kepada sesuatu kaunter. Naik satu bit orang akan terus jual. Tunggu turun untuk beli balik. Last-last sepanjang masa kaunter itu akan dalam down lah. Apa nak buat.

Satu lagi. Sila tengok perakuan spammer Superbull8798. Ianya seangkatan dengan lain-lain spammer. Nampaknya mereka memang serang mana-mana kaunter untuk turunkan harga dan dapatkan beli pada harga rendah. Semua tiru modus operandi wistlebower99 dan gengnya.

Posted by Superbull8798 > 9 minutes ago | Report Abuse

Sohchai rr1688 last year Oct ,2021 already inside this paria stock , this sohchai ,stuck 30 sen majority that , Sohchai rr1688 already ciak sai 8 month , laugh,,,,,,hahahaha

Sohchai , du perçaya tak ,this paria stock will plunge to 1.5 sen by Dec 2022
Sohchai rr1688 ciak sai until year end ,hahHHHHAaaaaa

Wa waiting ciak lobsters …..hahahahahahaha…..syok
Wa hari hari. Ciak lobster ,syok ……

@Superbull8798
If in RM terms, 0.05 is 5 sen. 0.005 is 0.5 sen.
For example:
RM1.00 is 100 sen
1.00 or RM1.00 is 100 sen
0.50 or RM0.50 is 50 sen
0.10 or RM0.10 is 10 sen
0.01 or RM0.01 is 1 sen
0.001 0r RM0.001 is 0.1 sen
0.005 or RM0.005 is 0.5 sen or HALF SEN

Therefore: 0.005 sen = 5 sen as you wrote is wrong.... It should be written 0.05 = 5 sen. He He

The problem is you are not so clear in the decimal point concept and wrongly use the units sign, whether it's RM or sen.

Very exciting stock. So many naysayers and haters on this counter. 8 to 2 .....
Sudah fening ini macam... He He

Here it comes whistlebower99, the leader of the paria speculating spammer Superbull8798 (or maybe the same person with different ID).

AS A REMINDER..

ANYWAY, As claimed by scenery:
... Con liar stockraider aka whistlebower99 aka thehoff spamming all penny stocks here n in FB GorengGroupFB. He non stop since early 2021 days n nights, working very hard for syndicates to collect at low n causes all penny stock lost above 5,000% - 10,000%

He use company PP to spam down price even after those have alredi consolidated n RI, until they fall below consol price. Ridiculously. This conman has caused millions of people losing huge yet he say he help newbies.

I just want to LOL..... Yes, that is the job of this paria speculating spammer named Superbull8798....

Is that a shit came out from the mouth of the paria speculating spammer Superbull8798 and the gang?? He He

@sunsetbiz

REMINDER..

ANYWAY, As claimed by scenery:
... Con liar stockraider aka whistlebower99 aka thehoff spamming all penny stocks here n in FB GorengGroupFB. He non stop since early 2021 days n nights, working very hard for syndicates to collect at low n causes all penny stock lost above 5,000% - 10,000%

He use company PP to spam down price even after those have alredi consolidated n RI, until they fall below consol price. Ridiculously. This conman has caused millions of people losing huge yet he say he help newbies.

OKU_2020. seems many got mad & fed up edi......
Spicy lesson !
-------
True for some.... But many keep flirting the Sapura Janda Kerepot ----- Aiming to be fiance and already bought rings for engagement...

Anyways, kadang-kadang janda lagi mudah laku berbanding anak gadis.... He He He

The1913Sun

Have all of the expenses associated with the disposal of the bamboo business been accounted for in a number of quarterly reports, including the most recent QR?

If this is the case, the upcoming quarterly reports may not be burdened by significant other operating expenses, which result in huge losses in the P&L records.
---------------
I think the prospect for turnround to be realised in the near future will be influenced by:
1. Whether all the of expenses related to the disposal of bamboo business has been accounted for in a number of quarterly reports include the last QR. If yes, the in coming quarterly reports maybe will not be burdened by high other operating expenses which makes the P&L records a huge losses.

2. The revenue from contruction business grows tremendously. Its order book contract reported almost one RM1 billion. The challenge for the company is whether it can makes profit from the increasing revenue from construction segment ???

@Peace99. Agree. Should be typo, because the amount is too big. Thanks for rechecking.

Sapura janda kerepot... Tetapi sedang tunggu buat pembedahan plastik.
Tungguuuu..

Wohoooo. A new field. A new experiences. First time to play with already PN17 counter.
OKU_2020. Wish me a good luck. He He He

OKU_2020

Expecting this Kaput Cap Ayam BornOil to Rest In Peace@ RIP at 1.5 sen
while it's WC to RIP at nearly Coffin half sen @ 0.005
WD oso heading to RIP at Coffin half sen @ 0.005

11 hours ago
-------------
Wohoooooo. OKU-2020... Si Penjaga Kubur .. He He He

@Lightspeed.... Ikuti sahaja thread saya, https://klse.i3investor.com/web/cube/threads/MZM2511

Satu-satunya ID MZM2511.... Seorang pelabur bilis yang selalu promote kaunter yang dilabur sahaja....

Ppmaster

This counter is game over, i think got retail big fish buy this counter at high price, so trader kill this counter. Wont up anymore.
--------------
In stock market, there are full of uncertainties....
But also full of possibilities....

Individual Quarter
Revenue increased significantly by RM98.0 million or more than 100% in the current financial quarter ended 31 March 2022 (“Q42022”) as compared to the corresponding quarter ended 31 March 2021 (“Q5 2021”) mainly due to:-

(a) additional source of revenue from construction business segments amounting to RM90.8 million; (Note: As an evidence that the construction work is a new main source of revenue for Kanger).

(b) additional source of revenue from selling of building materials amounting to RM7.4 million; and (Note: this is a contribution from the Sung Master aquisition by Kanger).

(c) additional source of revenue from selling of medical and health care products of RM0.9 million. (Note: Revenue from the sales of heath care products such as face mask)

Also be noted that the revenue from the bamboo related goods in PRC = 0.

The gross profit recorded in Q4 2022 increased by more than 100% as compared to gross loss recorded in Q5 2021 mainly due to absent of higher discount given previously to the customers to clear some old stocks in Q5 2021.

In share market, there are full of uncertainties....
The situation worsened by the news about the probable CONSOLIDATION.....
Hope no conso news at least for the near future....

I think what hapened yesterday maybe related to the operator created the volume for pump and dumb activities.... TAYOR

alex

wow.. today will announce consolidation?

5 hours ago

whistlebower99

Kanger and Fast consolidate not long after rights issue
Ask MZM for confirmation

4 hours ago
-----------
Are they predicting,,,,, OR..... they have insider info...... OR.... JUST THROWING UNTRUE NEWS FOR THE PURPOSE OF SPECULATIVE SPAMMING ACTIVITIES..

REMINDER..

As claimed by scenery:
... Con liar stockraider aka whistlebower99 aka thehoff spamming all penny stocks here n in FB GorengGroupFB. He non stop since early 2021 days n nights, working very hard for syndicates to collect at low n causes all penny stock lost above 5,000% - 10,000%

He use company PP to spam down price even after those have alredi consolidated n RI, until they fall below consol price. Ridiculously. This conman has caused millions of people losing huge yet he say he help newbies.

Those ppl lost until bankrupt, don't commit suicide go 2 find him out n ask him 2 compensate your losses.