MZM2511

MZM2511 | Joined since 2020-07-26

Investing Experience Intermediate
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Stock

2023-12-20 23:31 | Report Abuse

I have another two and a half years before retire. Hope so...

But I can't do it @BPuri. If I want to play long...
Very risky... PN17 or consolidation....

Stock

2023-12-20 23:22 | Report Abuse

SPAMMING WILL CAUSE MENTAL HEALTH AND YOU MAY END IN TANJUNG RAMBUTAN🤣
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Apasal???... Awak tertekan ke bila spam awak dibantah oleh spam pihak lain....

Awak ingat saya sahaja spamming... Even you the promoter here keeps spamming everyday to promote BPuri... Let you alone go to Tanjung Rambutan... He He He

Stock

2023-12-20 23:07 | Report Abuse

@tklim

pity lah ....highly traumatized ...

mental health

next to report to SC and close down BURSA
🤣🤣🤣🤣🤣🤣🤣
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Actually I send to both of organization. Tak percaya sangat dengan BURSA... SC lebih berpengaruh dalam penguatkuasaan.....

Stock

2023-12-20 20:20 | Report Abuse

@AhHuat168. I'm here for long....

A result from an analysis on some aspects what I refered as a fundamental analysis on Kanger:

Kanger is in better condition and sound now...

1. Kanger has done a lot of restructuring including selling companies in the People's Republic of China which involved in bamboo manufacturing and trading.
Several quarters the company recorded a lot of losses . Its should be among the factors that caused the share price to be in a downtrend until it fell to the floor level of 3-4 sen .
The subsidiary disposal process in China has been completed , and I expect that in the next quarter there will be no more loss pressure from subsidiary disposal losses and impairment costs incurred as before .

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 44 sen plus.

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

3. Prospects from the purchase of Antara @ Genting condo assets that may generate profits in the future.

4. The profit prospects from trading construction material through Sung Master's, the company subsidiary.

Based on latest QR: "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."

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

5. I don't agree on the idea it will be consolidate again in short term...

The reasons:
1. NTA 44.4 sen.
2. NOSH 649.87m
3. Share capital RM427,561,000
Reserves (RM138,697,000)
SHAREHOLDERS’ EQUITY RM288,864,000
Non-controlling interests RM5,288,000
TOTAL EQUITY RM294,152,000

Stock

2023-12-20 19:44 | Report Abuse

SC took action based on this report.. And several NAV (NTA) figures has been corrected. It's supposely good to Kanger....

Stock

2023-12-20 19:42 | Report Abuse

@sang jero....
Report untuk Kanger pada Nov 25, 2022. Saya dapati nilai NAV >>> (NTA) syarikat diistiharkan rendah dari yang sepatutnya. Report untuk buat pembetulan kerana sebagai pemegang saham Kanger, nilai rendah dari sepaptutnya perlu diperbetulkan supaya memberi kesan baik kepada syarikat...

Excerpt dari report saya kepada EC pada Nov 25, 2022..

As a current share holder of Kanger (0170), I like to refer to Suruhanjaya Sekuriti Malaysia concerning the Kanger Unaudited Condensed Consolidated Statement of Financial Position As At 30 September 2022 as reported in the company Quarterly rpt on consolidated results for the financial period ended 30 Sep 2022 (Refer to: https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3309554 ). There is a possibilty for a misstatement of information in the refered quarterly report related to the net assets per share value reported by Kanger (0170) which could be a breach of certain law governed by Suruhanjaya Sekuriti Malaysia.
2. For your reference, three details have been attached herewith, including Appendix 1- A, Appendix 1 - B and Appendix 2.

Based on my calculations shown in Appendix 2, the net assets value (NAV) per share are:


Scenario 1: Total assets included intangible assets / goodwill

The net assets value pershare (NAV) based on this scenario should be stated at RM0.486 or 48.6 sen.



Scenario 2: Total assets excluded intangible assets / goodwill

The net assets value pershare (NAV) based on this scenario should be stated at RM0.333 or 33.3 sen.



As per Appendix 1 - B, the net assets value per share reported as 0.49 sen only. Therefore, the NAV reported is not a true figure. I think the figure reported by the company is misleading to the investors and public, therefore appropriate action to the company (Kanger) can be taken by Suruhanjaya Sekuriti Malaysia.


3. For your information, there are another possible missreporting about the NAV figures reported in the company announcement related to the company Quarterly rpt on consolidated results for the financial period ended 30 Jun 2022 (Refer to: https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3287948 ).


4. I am very happy if Suruhanjaya Sekuriti Malaysia can look after this query and hope that it can excecuted as per standard operational procedure of Suruhanjaya Sekuriti Malaysia.

Thank you.

Stock

2023-12-20 19:27 | Report Abuse

@sang jero....
Report untuk Kanger pada Nov 25, 2022. Saya dapati nilai NTA syarikat diistiharkan rendah dari yang sepatutnya. Report untuk buat pembetulan kerana sebagai pemegang saham Kanger, nilai rendah dari sepaptutnya perlu diperbetulkan supaya memberi kesan baik kepada syarikat...

Excerpt dari report saya kepada EC pada Nov 25, 2022..

As a current share holder of Kanger (0170), I like to refer to Suruhanjaya Sekuriti Malaysia concerning the Kanger Unaudited Condensed Consolidated Statement of Financial Position As At 30 September 2022 as reported in the company Quarterly rpt on consolidated results for the financial period ended 30 Sep 2022 (Refer to: https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3309554 ). There is a possibilty for a misstatement of information in the refered quarterly report related to the net assets per share value reported by Kanger (0170) which could be a breach of certain law governed by Suruhanjaya Sekuriti Malaysia.
2. For your reference, three details have been attached herewith, including Appendix 1- A, Appendix 1 - B and Appendix 2.

Based on my calculations shown in Appendix 2, the net assets value (NAV) per share are:


Scenario 1: Total assets included intangible assets / goodwill

The net assets value pershare (NAV) based on this scenario should be stated at RM0.486 or 48.6 sen.



Scenario 2: Total assets excluded intangible assets / goodwill

The net assets value pershare (NAV) based on this scenario should be stated at RM0.333 or 33.3 sen.



As per Appendix 1 - B, the net assets value per share reported as 0.49 sen only. Therefore, the NAV reported is not a true figure. I think the figure reported by the company is misleading to the investors and public, therefore appropriate action to the company (Kanger) can be taken by Suruhanjaya Sekuriti Malaysia.


3. For your information, there are another possible missreporting about the NAV figures reported in the company announcement related to the company Quarterly rpt on consolidated results for the financial period ended 30 Jun 2022 (Refer to: https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3287948 ).


4. I am very happy if Suruhanjaya Sekuriti Malaysia can look after this query and hope that it can excecuted as per standard operational procedure of Suruhanjaya Sekuriti Malaysia.

Thank you.

Stock

2023-12-20 19:20 | Report Abuse

@sang jero....
Lihatlah, bila report untuk Negram itu dibuat. Tiada kesan pun dengan sekarang. Pada masa itu saya masih pemegang saham Nexgram. Kenapa ia dibuat. Kerana saya suspect harga pembelian terlalu tinggi dan ada kemungkinan adanya urus niaga antara pihak yang ada kepentingan dengan pemilik Wings,

Excerpt sebahagian dari emel saya ke bursa..pada Oktober 1, 2022.


4. My case and issues on Nexgram’s proposed acquisition of Wings are:

(a) As stated in the announcement at BURSA on 29 September 2022 related to the Proposed acquisition of Wings by Nexgram:



“8. INTERESTS OF DIRECTORS, MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED WITH THEM



None of the Directors, major shareholders of the Company and/or persons connected with them have any interest, whether direct or indirect in the Proposed Acquisition.



(b) Based on my prior information at 3 (a) and 3 (b) above-mentioned, the three persons which are Mr. Tey Por Yee, Mr. Tey Por Chen and Mr. Tey Por Yoong are brothers or sibling.



(c) Based on the notes Mr. Tey Por Yoong is having direct interest in Wings as a director, CHSB as a director and FCSB as a shareholder an a director. Mr. Tey Por Yoong one of the a direct onwer or Wings which is a property involved in the proposed acquisition by Nexgram.



(d) Mr. Tey Por Chen and Mr. Tey Por Yee together are the top thirty shareholder of Nexgram. At the same time Mr. Tey Por Yoong, the brother of the two top three shareholder of Nexgram is the direct owner of the property involved in the prosed acquisiton by Nexgram.



(e) There will be a possibilty for the proposed acquisition of Wings by Nexgram could have an issue about the direct or indirect interest in the negotiation processes of the said proposal.



I would like Bursa Malaysia to look after this query and hope that it can excecuted as per standard operation procedure of Bursa Malaysia.

Thank you.

Stock

2023-12-20 17:51 | Report Abuse

@Lazzo88. You can try to report something to SC or Bursa. They have their own SOP to reply to our complain or report... It was my experience with SC and BURSA....

Stock

2023-12-20 17:18 | Report Abuse

@lazzo88. FYI... all two querries has been entertained by SC. Nexgram pull out their proposal to takeover Wings and Kanger corrected their NTA numbers in two or three QRs.....

Stock

2023-12-20 17:10 | Report Abuse

Just for scjm... Jika awak fikir saya cakap kosonglah...

1. To: bursa2u@bursamalaysia.com <bursa2u@bursamalaysia.com>
Sent: Saturday, October 1, 2022 at 12:45:46 PM GMT+8
Subject: Query on the company : NEXGRAM (0096)

Dear Sir,

QUERY ABOUT THE POSSIBILITY FOR EMERGENCE OF DIRECT OR INDIRECT INTEREST RELATED TO THE PROPOSED ACQUISITION OF WINGS BY NEXGRAM (0096)

2. To: aduan@seccom.com.my <aduan@seccom.com.my>
Sent: Friday, November 25, 2022 at 09:30:39 PM GMT+8
Subject: Query on the company : KANGER (0170)

Dear Sir,

QUERY ABOUT THE POSSIBILITY FOR MISSTATEMENT OF THE NET ASSETS PER SHARE VALUE REPORTED IN THE KANGER QUARTERLY RPT ON CONSOLIDATED RESULTS FOR THE FINANCIAL PERIOD ENDED 30 SEP 2022

Stock

2023-12-20 16:44 | Report Abuse

You or they can try.... Before I make Nexgram failed in their proposal to takeover asset in Langkawi... and corrected some error (or misleading information) related to an account of onathor one listed company..... Just by accumulate the evidence and report to SC via online.

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2023-12-20 16:37 | Report Abuse

Anybody can accumulate the evidence and report to the SC... Just by online at aduan@seccom.com.my

I did it before on another counters (two counters) on another issues, and the mission were acomplished..

Stock

2023-12-20 16:36 | Report Abuse

The Securities Commission Malaysia (SC) today issued a warning to investors over the increase use of blogs, forums and social media platforms to spread false and misleading information on certain companies in order to perpetrate ‘pump and dump’ schemes.
Perpetrators would accumulate shares at lower prices before posting positive sentiments about the companies, with the intention to spur interest in the shares in order to drive up its price. When unsuspecting investors buy the shares, it gives the perpetrators an opportunity to sell the shares they hold at a profit. Investors who have bought shares at the inflated price will suffer losses when the hype eases.

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2023-12-20 16:33 | Report Abuse

@scjm.. yes... It's promoter/operator is under surveillance.... He He He

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2023-12-20 10:00 | Report Abuse

Investors are reminded to be cautious of the risk of fraud and when in doubt, to seek advice from persons who have been licensed by the SC.
---------------
In order to follow this rule and regulation, I never DIRECTLY advice any forum members TO BUY, TO SELL or TO HOLD any shares in any counter...

If we are not a qualified person to do the job, please don't do it. It's a limitation for us to promote our own invested counter.... BEWARE and BE SAVE.

THERE COULD BE A REPORT TO SC, TO SEE ANY BREACH OF LAW IN THIS COUNTER...

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2023-12-20 09:59 | Report Abuse

@tklim... Even spamming for promoting certain counter also will couse mental health... Especially if someone always give opposite ideas to your ideas. STOP HERE..

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2023-12-20 09:57 | Report Abuse

But I won't give a chance for a manipulative operator to do some negative effects for another bilis who don't know anything about the counters they invested in....

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2023-12-20 09:55 | Report Abuse

@tklim... It's true. Thank you for your advice...

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2023-12-20 09:39 | Report Abuse

SC WARNS INVESTORS OVER ‘PUMP AND DUMP’ SCHEMES VIA INTERNET AND SOCIAL MEDIA
21 March 2018 | Kuala Lumpur
The Securities Commission Malaysia (SC) today issued a warning to investors over the increase use of blogs, forums and social media platforms to spread false and misleading information on certain companies in order to perpetrate ‘pump and dump’ schemes.
Perpetrators would accumulate shares at lower prices before posting positive sentiments about the companies, with the intention to spur interest in the shares in order to drive up its price. When unsuspecting investors buy the shares, it gives the perpetrators an opportunity to sell the shares they hold at a profit. Investors who have bought shares at the inflated price will suffer losses when the hype eases.

The SC and Bursa Malaysia have recently identified a blog ‘Bonescythe Stock Watch’ which was found to have published various articles that contain statements and forecasts that were misleading and deceptive, an offence under Section 178 of the Capital Markets and Services Act 2007 (CMSA). Following SC’s intervention action, the blog has been removed.

The SC advises investors to always exercise diligence and verify the legitimacy of information before making an investment decision. Investors are reminded to be cautious of the risk of fraud and when in doubt, to seek advice from persons who have been licensed by the SC.

Members of the public who have come across any suspicious websites, as well as e-mails relating to investment advice or any other capital market activities and services, may alert the SC at the contact number +603 6204 8999 or e-mail aduan@seccom.com.my.

Investors may also refer to SC’s website for warnings and alerts, and for more information about investing and investor education, visit the InvestSmart website at www.investsmartsc.my and InvestSmartSC Facebook page.

SECURITIES COMMISSION MALAYSIA

https://www.sc.com.my/resources/media/media-release/sc-warns-investors-over-pump-and-dump-schemes-via-internet-and-social-media

Stock

2023-12-20 06:45 | Report Abuse

The SC and Bursa Malaysia have recently identified a blog ‘Bonescythe Stock Watch’ which was found to have published various articles that contain statements and forecasts that were misleading and deceptive, an offence under Section 178 of the Capital Markets and Services Act 2007 (CMSA). Following SC’s intervention action, the blog has been removed.

Stock

2023-12-20 06:35 | Report Abuse

Pump and dump (P&D) is a form of SECURITIES FRAUD that involves artificially inflating the price of an owned stock through false and misleading positive statements (pump), in order to sell the cheaply purchased stock at a higher price (dump). Once the operators of the scheme "dump" (sell) their overvalued shares, the price falls and investors lose their money. This is most common with small-cap cryptocurrencies[1] and very small corporations/companies, i.e. "microcaps".[2]

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2023-12-19 19:47 | Report Abuse

Kalau masa dekat Kanger dulu masa pump up pun slow-slow, masa pump and dump pun slow-slow... Bertahap-tahap... Bagi peluang operator jual dalam keadaan volume yang besar. Bilis yang masuk perangkap sahaja yang KEOOK. He He He. TAYOR

@Kanger lately, from 15 sen top, down to 5 sen and for a while transacted around it. Yesterday, started pushed up.... Today nuetral ... Still don't know what will happen next...

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2023-12-19 18:41 | Report Abuse

@lazzo88. Have you saw something @ the end of trading session.

History will repeat itself. Mark my words

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2023-12-19 11:02 | Report Abuse

@MeeGoreng. Some.... I'm just a bilis investor... But Kanger is one of my two counters which I invested big, in my portfolio....

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2023-12-19 10:06 | Report Abuse

you could share your thoughts but not necessary to continuously repeating the same stuff over and over
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NEWBIES saya harap dapat kenali dengan lebih benar tentang BPuri. Ia bukan untuk awak.. Awak dah tetap dengan kepercayaan kepada teknikal awak.... maka teruskan untuk terus berjaya.. GOOD LUCK. Just ignore my repeating comment.. Ia hanya lalat berterbangan di halaman rumah.

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2023-12-19 09:55 | Report Abuse

and you drag down with you in Kanger

WHAT A PITY
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Its already a history. But because I believe on Kanger fundamental, I just sold half of my holding whwn it started to downtrend... Also reloaded some @5 and 5.5 sen...

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2023-12-19 09:53 | Report Abuse

@scjm... Itu sekadar technicals sahaja dari awak.... Technicals sebenarnya sepatutnya dipengaruhi oleh pergerakan fundamental. Jika tidak teknikal baik hanyalah teknikal kerana manipulasi oleh pihak tertentu. I look for good news @Kanger. Fundamental aspects...

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2023-12-19 09:50 | Report Abuse

@Jettson8. Saya cuba belajar dari sejarah dan pengalaman. Awak bebas buat pilihan. Saya sekadar kongsi sejarah dan pengalaman.

Stock

2023-12-19 09:45 | Report Abuse

@scjm.. Sama saja kawan.... apa yang berlaku dekat Kanger sebulan lepas..

Posted by MZM2511 > 16 hours ago | Report Abuse
Kalau masa dekat Kanger dulu masa pump up pun slow-slow, masa pump and dump pun slow-slow... Bertahap-tahap... Bagi peluang operator jual dalam keadaan volume yang besar. Bilis yang masuk perangkap sahaja yang KEOOK. He He He. TAYOR

Posted by MZM2511 > 22 hours ago | Report Abuse
But @Kanger lately, from 15 sen top, down to 5 sen and for a while transacted around it. Today, it's pushing up... Still don't know what happened next...

Stock

2023-12-19 09:42 | Report Abuse

Saya cakap berdasarkan fakta, sejarah, pengalaman dan isi hati.. TAYOR

Isi hati saya yang jahat ke baik.... Kita dapat tengok sendiri nanti.

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2023-12-19 09:34 | Report Abuse

@sang jero... Agree... Because the promoter will buy the shares at low price, and starts promoting. They will be saved, even there is a pump and dump occurs..

But, for NEWBIES, BEWARE... Jangan masuk jaring operator... Nanti KEOOK... Perhaps its not occur..

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2023-12-19 09:23 | Report Abuse

@sang jero.. Actually the technical jargon like you should know about the meaning and able to interpret this "overbought' information. It gives a negative results, therefore you buat-buat tak tahu.....

""What is Overbought?
Overbought is a term used when a security is believed to be trading at a level above its intrinsic or fair value. Overbought generally describes recent or short-term movement in the price of the security, and reflects an expectation that the market will correct the price in the near future. This belief is often the result of technical analysis of the security’s price history, but fundamentals may also be employed. A stock that is overbought may be a good candidate for sale.""

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""""This belief is often the result of technical analysis of the security’s price history, but fundamentals may also be employed.""""

Note: BPuri is a fundamentally weak company, therefore the negative effect of OVERBOUGHT position could be very severe..

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2023-12-19 09:08 | Report Abuse

For me, I would like to buy Kanger (I think it's probably in a reversal phase from downturn to upward again) instead of BPuri (I think it's already at the peak price and probably its ready for a pump and dump phase). TAYOR

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2023-12-19 09:06 | Report Abuse

Better check their Annual Report 2022.

All subsidiaries of Kanger was incorporated in Malaysia. Look at AR 2022 page 6.

Note: Before this, all subsidiaries of Kanger were incorporated in Malaysia, except Kanger Investment (HK) limited and Kanger trading (HK) co. Limited. As both subsidiaries which has been incorporated in China has been sold, therefore all subsidiaries of Kanger was incorporated in Malaysia.

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2023-12-19 09:03 | Report Abuse

To know the fundamental aspect of certain company, TECHNICAL ANALYSIS won't gives us any clue... But the fundamental analysis can, because a fundamentalist will look at their reports..... He He He

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2023-12-19 09:02 | Report Abuse

@sang jero. KANGER NO MORE A CHINA (PRC) COMPANY...
BASED ON ANNUAL REPORT 2022
1. All subsidiaries of Kanger was incorporated in Malaysia. Look at AR 2022 page 6.

Note: Before this, all subsidiaries of Kanger were incorporated in Malaysia, except Kanger Investment (HK) limited and Kanger trading (HK) co. Limited. As both subsidiaries which has been incorporated in China has been sold, therefore all subsidiaries of Kanger was incorporated in Malaysia.

2. Board Directors are Malaysian. Look at AR 2022 page 5.

Note: BOARD OF DIRECTORS
Wu Wai Kong
Kuah Choon Ching
Low Poh Seong
Mazlan bin Mohamad
Dato’ Azmil bin Mohd Zabidi
Datuk Nur Jazlan Bin Mohamed

3. Principle Place of Business / Management and Registered Office are registered and located in Malaysia. Look ar AR 2022 page 5.

Note: PRINCIPAL PLACE OF
BUSINESS/MANAGEMENT
OFFICE
K-3-12 & K-3-13, Solaris Mont Kiara
No. 2, Jalan Solaris
Mont Kiara
50480 Kuala Lumpur
Wilayah Persekutuan (KL)
Malaysia
Tel. : (603) 6413 0143
Fax. : (603) 6413 0143
Email : jw@kangergroup.com
Website : www.krbamboo.com

REGISTERED OFFICE
No. 2-1, Jalan Sri Hartamas 8
Sri Hartamas
50480 Kuala Lumpur
Wilayah Persekutuan (KL)
Malaysia
Tel. : (603) 6201 1120
Fax. : (603) 6201 3121

4. All revenues are from Malaysian market based on the last few quarterly reports (after Kanger sold subsidiaries in PRC)

5. Bamboo related product manufacturing subsidiaries in PRC has been sold.

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2023-12-18 23:39 | Report Abuse

RSI(14) Neutral 44.1
Stochastic(14) Neutral 25.0
Average Volume (3M) 42,639,400
Relative Volume 0.9

https://www.klsescreener.com/v2/stocks/view/0170

Momentum (10) −0.005 Buy
MACD Level (12, 26) −0.009 Buy
Exponential Moving Average (10) 0.059 Buy
Simple Moving Average (10) 0.057 Buy

https://www.tradingview.com/symbols/MYX-KANGER/technicals/

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Stock

2023-12-18 22:08 | Report Abuse

M55555

Bursa is a casino.. No need to guess , just bet up or down , like banker or player , big or small .
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For those who are a pure traders can folow these rules... Sometimes we stuck in certain counter... have to think long ... Here fundamental of the company is important......

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2023-12-18 17:21 | Report Abuse

RSI(14) Overbought 73.3
Stochastic(14) Overbought 85.7
Average Volume (3M) 17,471,300
Relative Volume 3.7

https://www.klsescreener.com/v2/stocks/view/5932/bina-puri-holdings-bhd

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2023-12-18 17:11 | Report Abuse

@tklim.... also for NEWBIES.
I'm here for long. If I'm a trader I already sell some newly shares bought for profit 0.5 or 1 sen. But I'm not....
Those who want to trade @Kanger, TAYOR...

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2023-12-18 17:05 | Report Abuse

Kalau masa dekat Kanger dulu masa pump up pun slow-slow, masa pump and dump pun slow-slow... Bertahap-tahap... Bagi peluang operator jual dalam keadaan volume yang besar. Bilis yang masuk perangkap sahaja yang KEOOK. He He He. TAYOR

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2023-12-18 16:33 | Report Abuse

Bilis army q 0.09 pun susah dapat....

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Kalau masa dekat Kanger dulu masa pump up pun slow-slow, masa pump and dump pun slow-slow... Bertahap-tahap... TAYOR

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2023-12-18 16:14 | Report Abuse

For me, I would like to buy Kanger (I think it's probably in a reversal phase from downturn to upward again) instead of BPuri (I think it's already at the peak price and probably its ready for a pump and dump phase). TAYOR

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2023-12-18 15:49 | Report Abuse

Just to remind newbies about a past technical analysis by tklim @Kanger a month ago...
To be fair, his analysis also must include the possibility that BPuri also can u-turn and go SOUTH.
Kanger u-turned from its uptrend to downtrend just within A Day!!!!

It also can be happened @BPuri because I don't think this upward trend is a NATURAL UPWARD TREND but its ONLY a MANIPULATIVE UPTREND in a FUNDAMENTALLY WEAK company....

Do you think that, NEXT the operator WON'T SHORT BPuri????
What is so special about BPuri???
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Posted by tklim > 16 hours ago | Report Abuse

TWO POSSIBILITIES .....

IF KANGER WANTS TO GO NORTH.......

BUY 0.17
Target1: 0.19
Target2: 0.22
Target3: 0.27
Target4: 0.3

================================

IF KANGER WANTS TO GO SOUTH....

SELL 0.13
Target1: 0.11
Target2: 0.1
Target3: 0.07
Target4: 0.03


===============================

PLEASE TAKE NOTE THAT THE OPERATOR CAN SHORT KANGER BECAUSE THEY ARE HOLDING THE STOCKS....THEY CAN PUMP UP AND PUMP DOWN...

FIRST ROUND THE OPERATOR PUMP DOWN
SECOND ROUND THE OPERATOR PUMP UP

THIRD ROUND PUMP UP OR PUMP DOWN.....GOOD LUCK😎

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2023-12-18 15:31 | Report Abuse

BEWARE NEWBIES....

As I said before, this suspected manipulated upward momentum created at BPuri also could u-turn to the downward one.


What happened @Kanger several weeks ago... Those substantial shareholders (Kuah Choon Ching and Sii Tung Nai) disposed all their shares while Kanger share price is higher in tandem of the last upward momentum @Kanger counter.
I suspect whether those two coincidently took the oppurtunity to quit at higher price or should there any involvement from insiders in the process of pump and dump by operators before they dump their shares off @ Kanger counter...

Similarly @BPuri...

I would like to warn, if there is any same process of pumping the price @BPuri will be followed by the disposal of shares by insiders. At better and profitable price, they will sell the shares with a good profit. As I said before, BPuri is dying and it has a high risk to do consolidation or PN17 ..... It will be a long years for the insiders to see the turning operation of the company in this state of fundamental. Instead of probably listed @PN17, the better solution for BPuri to propose is to do CONSOLIDATION.

Do you feel that major shareholders (which want to quit) will wait for the second option (consolidation) or to sell their stake in this upward trend (with a lot of profit) ??????
The U_TURN in the upward momentum will occur follows by a pump and dump activities, the downward momentum will arise......

WHAT WILL HAPPEN TO THE SMALL INVESTORS WHO CAUGHT ON THE TOP OR IN THE MIDDLE OF THE CONDO ??

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2023-12-18 15:27 | Report Abuse

Pump and Dump already started @BPuri .... SCARRY GUYS, BEWARE!!!

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2023-12-18 15:26 | Report Abuse

He He He.... What a joke... @sang jero

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2023-12-18 10:42 | Report Abuse

But @Kanger lately, from 15 sen top, down to 5 sen and for a while transacted around it. Today, it's pushing up... Still don't know what happened next...