Some companies at BURSA are in war......

Fintec group nightmares on certain companies vs positive vibes from promoter vs negative vibes from speculators/spammers

Some companies at BURSA are in war......

Fintec group nightmares on certain companies vs positive vibes from promoter vs negative vibes from speculators/spammers

Some companies at BURSA are in war......

Fintec group nightmares on certain companies vs positive vibes from promoter vs negative vibes from speculators/spammers

EQUITY AND LIABILITIES

EQUITY (RM)

Share capital 153,570,000
Merger reserves(16,049,000)
Revaluation reserves 5,109,000
Warrant reserve (29,004,000)
Other reserve 29,004,000

@@@Retained earnings 33,281,000

The acquisition of SMH is a horizontal acquisition by the Group to acquire its peer with
the intention to expand its existing business activities of manufacturing and trading
business and widen its product offerings, which include, amongst others, timber flooring,
tiles, bulk cement, concrete, which are expected to enhance the revenue and earnings
of the Group moving forward.The proposed acquisition of SMH is expected to augur
well and is complementary with the Group's existing business in the property related
segment and the construction business segment.

Individual Quarter

Revenue increased significantly by RM60.0 million or 1,238% in the current financial quarter
ended 30 September 2021 (“Q22022”) as compared to the corresponding quarter ended 30
September 2020 (“Q3 2021”) mainly due to the additional source of revenue from construction
business segments amounting to RM60.8 million.
The gross profit recorded in Q2 2022 increased by 46% as compared to gross profit recorded
in Q3 2021 mainly due to the additional gross profit earn from construction business segments
amounting to RM0.3 million.

Cumulative Quarter

Overall, the Group recorded loss before taxation of RM57.2 million in Q2 2022 due to insufficient
revenue generated to defray the expenses. The Group has also incurred non-recurring
expenses such as recognition of share-based payments amounting to RM5.8 million granted to
the directors and employees of the Company, impairment loss on inventories amounting to
RM13.3 million, impairment loss on trade and other receivables amounting to RM25.1 million
and impairment loss on property, plant and equipment amounting to RM4.7 million in the current
financial quarter and financial period-to-date.

@sammyramon... It's to early dear friend..

Revenue 64,815,000
Cost of sales (63,395,000)
Gross profit 1,420,000@
Other operating income 352,000
Administrative expenses (50,423,000)@@

@ Operating profit margin too small. (Construction works revenue RM60,813,000 Construction works profit before tax RM311,000)
@@ Very big admin expenses.
-----------------

The contribution from Sung Master not yet recorded in this QR report as the Sung Master acquisition completed only on 30 September 2021.

Note: The 2QR 2022 ended on 30 Sept 2021.

Explanation:

1. On behalf of the Board, UOB Kay Hian wishes to announce that 769,513,179 new Kanger Shares and 713,157,273 new Kanger Shares issued pursuant to the Subscription and Acquisition respectively, were listed and quoted on the ACE Market of Bursa Securities with effect from 9.00 a.m. on Thursday, 30 September 2021, which marks the completion of the Proposals.

2. The contribution or revenue from Sung Master as a subsidiary which involved in building materials trader (if any) should not be classified as a revenue from construction.

3. The revenue from construction stated in the 2QR 2022, I think it is derived from its construction activities which started in June 2021.

The construction activities could be refered to a Genting Highland construction project contract with contract value RM478 million which involved Vengetta Champion Sdn. Bhd. and Kanger Ventures Sdn. Bhd. Earlier, the company announced that the Project is expected to commence in June 2021 and to be completed in 48 Months. The construction project contract under this collaboration agreement will start in June 2021.

@citadell888. 63% loss. Too much already. I hope there still a hope.

My past experience in Mtouche conso, I cut loss before conso, but if I stay for conso and sell after conso, I should gain some profit. MAYBE THE SCENARIO WILL NOT BE THE SAME.

@citadel888. .... Note* : Just refering to those who still believing on Kanger's future prospects and still don't have intention to cut loss. The pull down of share price related to conso news and operators plan and pressure.
----------
Just to comfort myself and give some ideas to others with same situation as mine.. He He

TRADE AT YOU OWN RISKS..

Construction works is on and contributing to the company revenue.

It's not shark who accumulated, it's stockraider@wistlebower99 and the gang who waiting to accumulate. He He He

@citadel888.
Simpan untuk consolidation saja...
Harap Kanger hidup balik selepas conso... He He He

PP ooooo PP. When it will be the end of it. He He

It's not shark who accumulated, it's stockraider@wistlebower99 and the gang who waiting to accumulate. He He He

rr1888..WINNER NEVER QUIT...QUITER NEVER WIN...
-------------
Agree.

Winer21 rr1688. You faham ke tak .
Kanger company sudah mati . Ape mau lagi .....
------
Betul ke sudah mati. Kalau sudah mati, tak boleh jual lagi. Simpan untuk consolidation saja...
Harap Kanger hidup balik selepas conso... He He He

THE CON SPAMMERS ARE KEEP SPITTING VENOM ON THIS COUNTER TO CREATE FEAR AND SUGGESTING INVESTORS TO SELL THE SHARES...

stockraider a.k.a wistlebower99 lately seems VERY ACTIVE in this forum.....

THE MOST POSSIBLE SCENARIO IS HE IS STILL TRYING TO PRESSURE THE SHARE PRICE DOWN!!!

ESPECIALLY FOR THE MID TERM AND LONG TERM INVESTORS* IN KANGER,
PLEASE CONSIDER THIS SITUATION BEFORE MAKE DECISION TO BUY OR SELL!!!!!

Note* : Just refering to those who still believing on Kanger's future prospects and still don't have intention to cut loss. The pull down of share price related to conso news and operators plan and pressure.

IS IT POSSIBLE FOR A TREND REVERSAL TO BE HAPPENED SOON ?

@BILLC. Sama juga sama lu and the gang.....
Apa macam? Saya tengok stockraider@wistlebower99 pun aktif sangat sekarang.

Air sedang keruh, buaya-buaya con spammer makin aktif... He He He

KENA JAGA WOOOOO. KITA JAGA PELABURAN KITA...

INI KAUNTER PUN BILLC AND THE GANG OF CON SPAMMERS SEDANG IN ACTION.....

Especially to those who still believing on Kanger's future prospects and still don't have intention to cut loss. The pull down of share price related to conso news and operators plan and pressure.

IS IT POSSIBLE THERE WILL BE A TREND REVERSAL IS GOING TO BE HAPPENED SOON ?

JUST a small ideas to think of by fellow investors. TAYOR

Patience99 Scenery, MZM and others encourage investors not to sell at a loss. Stockraider @ whistlebower and others talk bad about kanger wanting investors to sell at a loss . The company business revenue improves tremendously and there is profit this quarter if not on impairment loss. So investors out there be the judge who is the scammer. Tks. For me already lost a lot . Why not wait for turnaround. Sell now is money gone already. Tks . Be careful with your money

03/12/2021 11:52 AM

stockraider Always Remember to learn from mistake, just avoid kon fintec group of companies loh!

They are out to kon u loh!
-----------
Are you suggesting us to cut loss???

To dump the shares held @ lower price with a loss will give you and other group of speculative spammers or conman to succeed in their objectives... TAYOR.

WHO ARE THE PROBABLE SPAMMERS/SPECULATORS HERE?

The probable answer is ....... wistlebower99 aka stockraider, BILLC, Citadell9999, and others . He He He

THE MOST POSSIBLE SCENARIO IS THEY ARE STILL TRYING TO PRESSURE THE SHARE PRICE DOWN!!!

ESPECIALLY FOR THE MID TERM AND LONG TERM INVESTORS* IN KANGER,
PLEASE CONSIDER THIS SITUATION BEFORE MAKE DECISION TO BUY OR SELL!!!!!

Aiyaaa. stockraider @ wistlebower99. Semua kaunter di BSKL sudah jadi kaunter Fintec kaaaa????

The TRUE CONMAN should be the scammer or their gang who always trying to do speculative game here and other penny stocks by naysaying the counter, but keep waiting here to buy at lower price by playing a scare crow game.

Nexgram dapat jimat kos sekurang-kurangnya RM12,500,000 + RM50,000.

Dan dapat bayaran special damage RM52,660.

@BILLC.Who are the conman here?

I think the TRUE CONMAN should be the scammer or their gang who always trying to do speculative game here and other penny stocks by naysaying the counter, but keep waiting here to buy at lower price by playing a scare crow game.

BILLC. Terima kasih. Tapi nasib buruk, awak terlupa untuk ingatkan pelabur dalam ratusan kaunter yang lain yang turut banyak jatuh.... He He

Beratus-ratus kaunter sudah jadi kaunter con sekarang, kalau imut definisi para naysayer/spammer mulut busuk...

@Fatman Wow! Closed shop soon.... RIP
----------------
Do you think based on these items in its balance sheet, the company is closing its businesses?

EQUITY AND LIABILITIES

EQUITY (RM)

Share capital 153,570,000
Merger reserves(16,049,000)
Revaluation reserves 5,109,000
Warrant reserve (29,004,000)
Other reserve 29,004,000

@@@Retained earnings 33,281,000

Hi. wistlebower99

Excerpt from the above article......... To recap, the contribution of the construction works were mainly from acquisition 51% of Sung Master Holdings S/B (SMH) in 26th April 2021.
---------

I want to differ.....

The contribution from Sung Master not yet recorded in this QR report as the Sung Master acquisition completed only on 30 September 2021.

Note: The 2QR 2022 ended on 30 Sept 2021.

Explaination:

1. On behalf of the Board, UOB Kay Hian wishes to announce that 769,513,179 new Kanger Shares and 713,157,273 new Kanger Shares issued pursuant to the Subscription and Acquisition respectively, were listed and quoted on the ACE Market of Bursa Securities with effect from 9.00 a.m. on Thursday, 30 September 2021, which marks the completion of the Proposals.

2. The contribution or revenue from Sung Master as a subsidiary which involved in building materials trader (if any) should not be classified as a revenue from construction.

3. The revenue from construction stated in the 2QR 2022, I think it is derived from its construction activities which started in June 2021.

The construction activities could be refered to a Genting Highland construction project contract with contract value RM478 million which involved Vengetta Champion Sdn. Bhd. and Kanger Ventures Sdn. Bhd. Earlier, the company announced that the Project is expected to commence in June 2021 and to be completed in 48 Months. The construction project contract under this collaboration agreement will start in June 2021.

Excerpt from the above article......... To recap, the contribution of the construction works were mainly from acquisition 51% of Sung Master Holdings S/B (SMH) in 26th April 2021.
---------

I want to differ.....

The contribution from Sung Master not yet recorded in this QR report as the Sung Master acquisition completed only on 30 September 2021.

Note: The 2QR 2022 ended on 30 Sept 2021.

Explaination:

1. On behalf of the Board, UOB Kay Hian wishes to announce that 769,513,179 new Kanger Shares and 713,157,273 new Kanger Shares issued pursuant to the Subscription and Acquisition respectively, were listed and quoted on the ACE Market of Bursa Securities with effect from 9.00 a.m. on Thursday, 30 September 2021, which marks the completion of the Proposals.

2. The contribution or revenue from Sung Master as a subsidiary which involved in building materials trader (if any) should not be classified as a revenue from construction.

3. The revenue from construction stated in the 2QR 2022, I think it is derived from its construction activities which started in June 2021.

The construction activities could be refered to a Genting Highland construction project contract with contract value RM478 million which involved Vengetta Champion Sdn. Bhd. and Kanger Ventures Sdn. Bhd. Earlier, the company announced that the Project is expected to commence in June 2021 and to be completed in 48 Months. The construction project contract under this collaboration agreement will start in June 2021.

The Board of Directors of Nexgram Holdings Berhad (“Nexgram” or “the Company”) wishes to announce that, Coconut Three Sdn Bhd (formerly known as Nexgram Land Sdn Bhd) (a wholly-owned subsidiary of the Company) (“Appellant”) had on 30 November 2021 received the decision of the Court of Appeal against Spacious Glory Sdn Bhd (“First Respondent”) and Lau Tian Kit (“Second Respondent”) (collectively refer as “Respondents”) as follows:-

(a) The Appellant’s appeal is allowed with costs of RM50,000-00 each here and below to be paid by the First Respondent and the Second Respondent to the Appellant;


(b) Nominal damages of RM5,000-00 awarded by the High Court to the Appellant is set aside;

(c) The special damages of RM52,660-28 is to be paid by the Respondents to the Appellant;


(d) The claim for specific performance granted by the High Court to the First Respondent, and the order for the Appellant to pay the consideration sum of RM12,500,000-00 to the First Respondent pursuant to the Share Sale agreement dated 14 April 2016 are set aside;


(e) A declaration that Share Sale Agreement dated 14 April 2016 between the First Respondent and the Appellant is terminated and does not bind both parties according to the law and not to be given effect;


(f) An order that the 770,000 shares in Blue Hill Development Sdn Bhd (“Blue Hill”) and registered under the name of the Appellant be transferred back to the First Respondent with all cost relating to such transfer be borne by the First Respondent and/or Second Respondent, within fourteen (14) days from the date of this Order;


(g) In the event that the First Respondent refuses to effect the necessary transfer of the 770,000 shares in Blue Hill, the Senior Assistant Registrar of the High Court be empowered to sign off and/or execute the necessary transfer form;


(h) The Respondents’ cross appeals both dated 19 October 2018 are unanimously dismissed.


(i) The Decision of the High Court dated 20 July 2018 is varied accordingly

GOOD NEWS. Nexgram menang court appeal case.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3215569

FORWARD LOOKING STATEMENT (CONTINUED)
The Group expects the demand for its ICT and logistics services to resume as Malaysia transits into the national recovery phases in the 2nd half of 2021 onwards together with the resumption of economic activities. Starting from 11 October 2021, fully-vaccinated individuals are allowed cross-state travel and cross-district activities throughout the country and are required to adhere to the imposition of strict Standard Operating Procedures.

As the transition to normalcy and herd immunity from COVID-19 would happen gradually, the Group is of the view that demand for healthcare related services will continue to grow due to the precautionary measures undertaken by the public and government.

Furthermore, with the resumption of economic activities, the Group expects the demand for its ICT and logistics services to improve in tandem with the economic activities.

FORWARD LOOKING STATEMENT (CONTINUED)
The unprecedented COVID-19 pandemic has led the Malaysian Government to effect containment measures i.e., the enforcement of several phases of MCOs since mid-March 2020 nationwide which led to periodical shutdown of non-essential activities.

The Group’s businesses were also disrupted as conventional ICT and logistics industry (i.e. dry bulk cargo activities) were deemed as non-essential activities; while the healthcare related services were allowed to operate as it is deemed as essential services.

The introduction of healthcare services such as COVID-19 health screening and Government digital services such as travelers entry registration, quarantine process management systems, quarantine station hotel and transport management (i.e. transporting travelers to quarantine station hotel) by the Group in 2021 represents an opportunity for the Group to provide timely service during the COVID-19 pandemic, which correspondingly mitigated the Group’s reliance on its conventional ICT and logistics segment which experienced business challenges and economic slowdown as a result of the implementation of
the MCOs.

FORWARD LOOKING STATEMENT

The Group expects to continue expanding into new Government digital services (i.e. TracAPM) to airports and jetties to enable the public’s movement through these gateways to be tracked by the Government.

FINANCIAL PERFORMANCE

The Group recorded revenue of RM73.32 million in the financial year ended 31 July 2021 (“FYE 2021”) compared to RM41.14 million reported in the previous financial year ended 31 July 2020 (“FYE 2020”). During the year under review, the Group’s revenue saw significant increased by 78.22% contributed from our Group’s Healthcare segments.

The healthcare segment revenue increased to RM42.41 million (FYE 2020: RM4.05 million). However, due to pandemic, the Group logistic and ICT security division were temporarily halted due to weaker demand. As a result of this, the revenue decreased by RM2.21 million and RM1.31 million respectively.

The significant increase in revenue during the year has improved the Group’s loss after tax to RM8.80 million (FYE 2020: RM62.85 million). The improvement was because of cost effective measures by the management to control the Group’s operational expenses and include disposing of its subsidiaries.
. The reduced in loss after tax during the financial year was mainly attributable to:

(a) one-off profit on disposal of Arita of RM5.92 million during the FYE 2021, and;
(b) one-off profit on disposal of PT NDS of RM0.21 million during the FYE 2021.

the exercise of SIS Options (ESOS) into 231,086,249 Shares at the issue price of RM0.05409;

@BilisMasin. The business was there... THE REVENUE UP TREMENDOUSLY.

Is it administrative expenses included all non-recurring expenses such as impairment loss and share based payment ???

The contribution from Sung Master not yet recorded in this QR report as the Sung Master acquisition completed only on 30 September 2021.

Note: The 2 QR 2022 ended on 30 Sept 2021,

Revenue 64,815,000
Cost of sales (63,395,000)
Gross profit 1,420,000@
Other operating income 352,000
Administrative expenses (50,423,000)@@

-------------
@ Operating profit margin too small. (Construction works revenue RM60,813,000 Construction works profit before tax RM311,000)

@@ Very big admin expenses.

..... share-based payments amounting to RM5.8 million granted to
the directors and employees of the Company,
-----------

Is it from ESOS granted for employees and directors ???

MEMORANDUM OF UNDERSTANDING BCM ALLIANCE BERHAD ("BCM" OR "THE COMPANY") - UPDATE ON MEMORANDUM OF UNDERSTANDING ("MOU") ENTERED BETWEEN BC MEDICARE SDN. BHD. ("BC MEDICARE"), A WHOLLY-OWNED SUBSIDIARY OF BCM AND RLOOP LIMITED ("RLOOP")

Further to the Company's announcement made on 26 July 2021 pertaining to the MOU entered between BC Medicare and rLoop for the purpose of manufacturing, testing, configuring, assembling, packaging and/or shiping the virus attenuation devices using photon mediated electrons and emitters under rLoop’s own brand name of “rGuard”, the Board of Directors of the Company wishes to announce that the Company is in the midst of finalising the definitive agreement.



This announcement is dated 30 November 2021.

1. Reference is made to the announcements dated 27 May 2021 and 27 August 2021 pertaining to the Memorandum of Understanding with The Government of the State of Sabah for the purpose of to procure and import Sinopharm Covid-19 vaccines into Malaysia, in particular into the State of Sabah whereas Kanger will be appointed by the Government as the sole and exclusive distributor of Sinopharm Covid-19 vaccines in the State of Sabah.

The Board of Directors of Kanger wishes to announce that there is no material update in relation to the MOU

2. Reference is made to the announcements dated 26 October 2020, 9 March 2021, 3 May 2021 and 4 August 2021 pertaining to the MOU made between Kanger and K-Star for the purpose of appointing K-Star (or its subsidiary) as the sale agent of Covid-19 vaccines for the private clinics in Malaysia.

The Board of Directors of Kanger wishes to announce that there is no material update in relation to the MOU.

3. Reference is made to the announcements dated 26 October 2020, 9 March 2021, 3 May 2021 and 4 August 2021 pertaining to the MOU made between Kanger and ZP for the purpose of collaboration on the distribution of Covid-19 vaccines in Malaysia.

The Board of Directors of Kanger wishes to announce that there is no material update in relation to the MOU.

------------------
This announcement is dated 29 November 2021.

zzzzzzz. Kena tunggu selepas hantu kubur yang awak jaga sudah tidak lagi ganggu kaunter2 di KLSE

@wistkebower99. Belum curt loss lagi kecuali Fast. Tawin tak masuk lagi pun.

Aiyoo yooo. Banyak bisinglah. MZM masih okay. Chill. Tenangkan fikiran. Takut nanti jadi meroyan macam. zzzzzzz.

pemburuscammer. Terima kasih. Tapi nasib buruk, awak terlupa untuk ingatkan pelabur dalam ratusan kaunter yang lain yang turut banyak jatuh.... He He

Beratus-ratus kaunter sudah jadi kaunter con sekarang, kalau imut definisi para naysayer/spammer mulut busuk...

mulut macam buntut...
---------
First time heard this .. He He
Banyak busuk.....

THE CON SPAMMERS ARE KEEP SPITTING VENOM ON THIS COUNTER TO CREATE FEAR AND SUGGESTING INVESTORS TO SELL THE SHARES...

WHO ARE THE PROBABLE SPAMMERS/SPECULATORS HERE?

The probable answer is ....... wistlebower99 aka stockraider, BILLC, Citadell9999, and others . He He He

THE MOST POSSIBLE SCENARIO IS THEY ARE STILL TRYING TO PRESSURE THE SHARE PRICE DOWN!!!

ESPECIALLY FOR THE MID TERM AND LONG TERM INVESTORS* IN KANGER,
PLEASE CONSIDER THIS SITUATION BEFORE MAKE DECISION TO BUY OR SELL!!!!!

Note* : Just refering to those who still believing on Kanger's future prospects and still don't have intention to cut loss. In current scenario, the pull down of share price related to conso news and operators plan and pressure. JUST a small ideas to think of by fellow investors. TAYOR