Due to Top glove's cluster, I hope so too.

And do you really think gov can sustain to vaccinate 30 millions++ person? Like hell no. Like that hospital will roboh la

Same concept, you can either wait at gov hospital for hours or go to private and settle in 5 min.

One thing for sure, GE will not be held. If TSMY lost his majority, YDPA apparently will ask the MP's to nominate who will become PM. Just like when Tun M lost his majority back then. High chances for the nomination of PM will come from UMNO. Kanger got nothing to lose, UMNO is the kingmaker. If you know this counter very well, you should not worry even the storms come.

NovemBEAR. DecemBEAR. If in these 2 months Kanger can hold the price 0.18 and above. It's good enough. This is when QR season comes out. Big fund will wait and analyze which counter to go for. Let's wait for Kanger QR to come out.

look at the 0.2-0.25 resistance. Will take a long time to break. Hold till Q1 2021.

any news about the Ijok's land ? Anyone ?

Largest bamboo producer + vaccine + rental + Biden's friendly to China market = ???????

Now only what's left is the vaccine to arrive in Malaysia. Verified by MOH and NRPA.

Bad news .. looks like parliament is shaky. Ku Li urges other MP's to reject the Belanjawan on 26 Nov.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3106655

new announcement today

@nik5007 do your research and you'll know.

Kanger will sideways until the next strong catalyst. "traders" need fast money thus they tend to go for fast pace goreng counter. For investor this is a good stock. Just dont think as trader, but think as an investor. Trust in the value of company.

I just don't understand the haters, what they were thinking? "Okay, today I'm going to i3 and bark some bullshit". Is that your daily thought? Lol

Because if the gov collapsed, the deal might be off for Malaysia-China vaccines. Everything will be different.

What happened when the Belanjawan got rejected? That's mean TSMY lost his majority. That's what are people worried about right now. Not just Kanger, all KLCI will bleed.

It's most likely due to political sentiment. KLCI red today. High probability that the Belanjawan Negara won't be approved by the opposition. They stated today that MOF needs to change the Belanjawan if he wants to stay as gov.

big fish really don't want this counter to go up. There is a really huge resistance at 0.2-0.22. Need millions of units to beat it up.

@Gonner82 go read somewhere up, there got explain

The next catalyst is the phase 3 clinical data and budget approval. Might break the strong resistance at 0.22

not goreng one, this one for long term. You want short term go find goreng counter

right now accumulation phase, normal for a HEALTHY stock when about to rise

Also plus the millionaires contra players.

I assume the big dumping is from old holders. Maybe they've been stuck for a long time.

Looks like Kanger is in hurry, yesterday got news today also. They need to complete the PP and MOA between Zuellig ASAP. Looks like the vaccine race is getting intense following Pfizer announcement yesterday.

This is where media plays the role, when it comes to western the whole world will know.

If any of you questioned why Kanger is so hard to up, its because the selling pressure from contra players are blocking the way. Buy 18 sell 19, thats how their roll, however its normal though for a large volumes counter to have this players. Its less volatile and much safer for them. In fact most people inside Bursa is a contra players. If there is a strong catalyst then it will be another story. People tends to hold their stocks knowing its a bright future soon.

I believe the pfizer's claim is just Biden's propaganda. He is the opposite of Trump who doesn't care much about the covid 19 issues. And just because it's a western vaccine, the media go wild in fact it's just an ordinary claim on their "90%" successful which other vaccines pharma have done too.

Pfizer will release their 3 stage clinical test data by this 3rd week of this month. I hope this will push Sinopharm to release early as well. No way they gonna let western numba wan.

However, if you look at Kanger technical chart. You can see a double bottom pattern, this USUALLY means a reversal pattern. Trade at your own risk.

For a safe assumption, this counter will be fruitful in Q1 2021. Dont expect it to be rocket in these 2 months. We got 2 hints, the 1st one KJ told the media that the earliest vaccines will be available in the early next year. The 2nd hint is the announcement made today. PP is expected to be completed in Q1 2021. Dont complain when the price doesnt rocket like AT and Kstar. This is not a syndicate counter. If you want to play goreng counter, go find one. But I can assure you this is not goreng counter.

Good news for investors. Boring news for traders.

Biden's policies + Malaysia policies + Belanjawan 2021 = answer

"Kanger and CHL are at liberty to withdraw from this Agreement without any liability, in the
event that Kanger fails to complete the acquisition of the Land within 45 days from the date
of this HOA, or if the Parties fail to reach mutually agreeable terms for a definitive, binding
agreement within this period." It's been more than 45 days and there is still no news on their glove ventures.

Now, there will be no more fun roller coaster. I think Kanger will become sideways until the next news (MOA with Zuellig, 3rd phase trial data, WHO approval, MOH approval). After these 4 done sure price shoot like a rocket.

I hope Kanger and Zuellig will react fast to Belanjawan's budget and KJ's statements. Sign that MOA asap.

Even if its MOA, people still won't believe a bamboo seller will do a vaccine distribution. They need to convince the investors they got an experienced healthcare business partner to assist them.

The only way for people not to sell their stocks is a legit catalyst. Right now people still don't believe in Kanger. They need to sign that MOA ASAP. Then the sell queue will be kurus.

Guys go check out Khairy Jamaluddin's Twitter. There got new news on vaccines. From my understanding, gov is currently waiting for 3rd phase trial data to analyze which vaccine is the best. This requires approval from MOH. KJ said there will be more than one supplier. KJ added that some of these vaccines only work for 6 months and some 12 months.

Realistic TP in my opinion is around Rm 3 - 5 (max). Just use carepls as projection. Well, this is the stock market, no one knows where is the limit.

I believe right now Kanger and Zuellig are negotiating on their terms. Won't be long for their agreements result to come.

*MOA (memorandum of agreement)

Now we have to wait for MOE between Kanger and Zuellig. Then WHO approval for sinopharm's vaccine to use publicly. After this 2 sure price will go beyond RM 1 +.

K star is a syndicate counter. How to know? They will target small volumes of queue + news. Easy for them to shoot the price. Kanger will be hard for the syndicate to enter, they need to clear a lot amount of volumes. The only valid reason for Kanger to go up now is real vaccine news (people will hold their lots).

If you are weak holder, dont ever dream to get TP Rm 1.0++, later down a bit got more complain this counter no power whatsoever lol

Hold tight, after belanjawan negara announced this counter will rest a bit until the next vaccine news

Kanger is safe. What im afraid is the market sentiment.

Looks like trump is winning, tech chinese-related stock sure go red soon

https://www.astroawani.com/berita-malaysia/covid19-vaksin-dijangka-awal-2021-keutamaan-kepada-barisan-hadapan-khairy-266691

KJ already told that the earliest vaccine will be available in Q1 2021. This counter probably bullish next year so for those short term / mid term you better find another counter for now to play.