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2023-12-10 21:15 | Report Abuse
@scjm...
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 (including Maju). 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 such as Maju 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 ??
2023-12-10 18:50 | Report Abuse
Stock: [KANGER]: KANGER INTERNATIONAL BERHAD
2 days ago | Report Abuse
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
2023-12-10 11:42 | Report Abuse
@Al Chapo. For me as I said before, I'm just a small anak bilis. I don't know other fellows here.
Anyways, thanks for you to agree on the MUST for Kanger to has a new captain.... and if there is any, I think the announcement will be done at near future... PERHAPS
2023-12-10 11:13 | Report Abuse
MZM2511
@yourewelcom88. Agree. I also have to tolerate the suspense.... He He He
Anyways, just depends on the last 2 QR reports, I saw fundamentally its businesses and financial aspects getting better.... That is the only reason for me to keep interested in this counter.... TAYOR
Therefore I think there should be someone to be a single largest shareholder which should be a captain in the Kanger boardship. Rationaly, its must be a MUST..
I think in the near future the announcement of the new lineup of BOD must comes out. Hope for a great news...
2023-12-10 10:45 | Report Abuse
Its what happened @ Kanger few weeks ago. They pushed the priced up to their target and started to do some pump and dumb. BEWARE. Its also can be happened @ Bpuri.
2023-12-10 10:36 | Report Abuse
Posting by tklim:
...versus Bina Puri as per your comments (scroll above) BUT.......
can see the pattern in this week's price movement
price is trending strongly.
Trading in the direction of a strong trend and increases profit potential.
The rising moving average trend is bullish when the 10-day Moving Average has been rising in the past 3 days;
----------
It had happened in Kanger few weeks ago.... Newbies.. Please be afraid of THE U-TURN PHASE.... It also will be happened to BPuri... The reasons is, BPuri is fundamentally weak. The risks of PN17 or consolidation exercises are VERY HIGH... TAYOR
2023-12-10 10:35 | Report Abuse
Posted by tklim > 29 minutes ago | Report Abuse
Bina Puri towkays are legends in the stock market..
Silent killer
-------------
Is it true? Don't give a missleading facts !!!!!
But how come under their management the accumulated losses (negative reserves) recorded amount @ RM210,053,000.
Are they the silent killer of their own company???
Look at the data:
Share capital RM299,458,000
Reserves (RM210,053,000)
Equity attributable to owners of the parent RM89,405,000
Non-controlling interests RM105,743,000
Total equity RM195,148,000
2023-12-10 10:34 | Report Abuse
Only a good technical indicators which is suported by a good fundamental will sustain. QR4 2023 alone BPuri incurred a nett loss of RM60.457 million. How??? Is it a good indicator for its fundamental???
2023-12-10 10:33 | Report Abuse
@scjm... Sorry. As I know this thread is a public forum. Really, I don't have any intentions to buy or to sell Bpuri shares, especially in the short term.
I think I never DIRECTLY gave any suggestion for others TO BUY, Not TO BUY or TO SELL BPuri shares. That suggestions only can be done by authorised and licensed parties. TAYOR.
But as I said:
At least there will be some newbies will be alerted with the fundamental condition of the company the are going to invest. Not by fully following any technical analysis from others.
Please learn some accounting knowledge. Sure can evaluate the fundamental of certain company. Technical analysis won't detect any signs of dying company because even the dying company can be manipulated by operators to trap us.......
It's high probability for certain uptrend in a weak fundamantal company to be A MANIPULATED uptrend created by operators (insiders or sharks). TAYOR
2023-12-09 12:37 | Report Abuse
versus Bina Puri as per your comments (scroll above) BUT.......
can see the pattern in this week's price movement
price is trending strongly.
Trading in the direction of a strong trend and increases profit potential.
The rising moving average trend is bullish when the 10-day Moving Average has been rising in the past 3 days;
----------
It had happened in Kanger few weeks ago.... Newbies.. Please be afraid of THE U-TURN PHASE.... It also will be happened to BPuri... The reasons is, BPuri is fundamentally weak. The risks of PN17 or consolidation exercises are VERY HIGH... TAYOR
2023-12-09 12:25 | Report Abuse
@OKU_2020. Parking to buy some WB @ 1.5 sen for next week. Cancel parking for mother @ 5 sen. Monitoring to buy some at below 5 sen if can. Tayor
2023-12-09 08:56 | Report Abuse
Miss Quah Seik Lee or Sally Quah Seik Lee is the wife of Bryan Loo, the founder of Tealive. Was a major shareholder in NWP before divested her stake and probably still hold 4.87% of shares @Kanger.
2023-12-09 07:40 | Report Abuse
Based on Annual Report 2022:
LIST OF 30 LARGEST SECURITIES ACCOUNT HOLDERS (BASED ON THE RECORD OF DEPOSITORS)
(WITHOUT AGGREGATING SECURITIES FROM DIFFERENT SECURITIES ACCOUNT BELONGING TO THE SAME
PERSON)
Name of Shareholders
No. of
Shares Held
Percentage
(%)
1. Sii Tung Nai 50,583,903 8.39 - (Already disposed all shares)
2. Quah Seik Lee 29,375,890 4.87
-------------
Considering there are no additional or disposal of shares after AR 2022, the largest shareholder of Kanger will be Miss Quah Seik Lee. Based on AR 2022, she was not a member of BOD.
2023-12-08 19:34 | Report Abuse
Only Mr Wu Wai Kong, the sole director who owns some shares, just 674,530 unit.
I think there should be someone to be a single largest shareholder which should be a captain in the Kanger boardship.
I think in the near future the announcement of the new lineup of BOD will come out.
2023-12-08 19:28 | Report Abuse
Based on Annual Report 2022:
DIRECTORS’ SHAREHOLDINGS (BASED ON THE REGISTER OF DIRECTORS’ SHAREHOLDINGS
1. Mr. Wu Wai Kong 674,530 unit
2. Mr. Kuah Choon Ching 74,051,317 unit
3. Mr. Low Poh Seong 0 unit
4. Encik Mazlan bin Mohamad 0 unit
5. Dato’ Azmil bin Mohd Zabidi 0 unit
------------
That's mean that Kuah Choon Ching owns nil shares when he disposed 74,051,317 units of shares on 30 November 2023..
2023-12-08 19:16 | Report Abuse
Also waiting for announcement for any new substantial shareholder... To replace the old captain.
2023-12-08 17:26 | Report Abuse
BEWARE and monitor closely:
Technical indicators can be MANIPULATED by market players (insiders or sharks). It can be reversed anytime...
Its what happened @ Kanger few weeks ago. They pushed the priced up to their target and started to do some pump and dumb. BEWARE. Its also can be happened @ Bpuri.
Yeah.. It's really scarry..
BOOOOM, we bilis will KEOK. He He He
Only a good technical indicators which is suported by a good fundamental will sustain. QR4 2023 alone BPuri incurred a nett loss of RM60.457 million. How??? Is it a good indicator for its fundamental???
2023-12-08 17:23 | Report Abuse
Track record sudah 4 tahun every quarter rugi banyakkkkk. NTA dah tinggal 2.7 sen....
Apa hendak diharap kepada technical indicators.. Sekali kena scam dekat fake operator... KEOOOOK.. Kesian
Apa nak diharap kepada BPuri. Sekali lagi rugi besar kemungkinan boleh masuk PN17!!!!
2023-12-08 17:18 | Report Abuse
Right Issue - Yes (possible)
Private Placement - Yes (possible)
Loan - Yes (possible)
RCPS - Yes (possible)
Second round consolidation - in the short term I think its a play by insiders/directors to propose it. But they have their power to do it...
2023-12-08 16:44 | Report Abuse
@tklim. As I said before.. You're welcome..
2023-12-08 16:32 | Report Abuse
@tklim. You are very goood. Thanks to give me the details....
2023-12-08 16:30 | Report Abuse
Is there anybody here have a gut to follow tklim or Sang Jero???
Is there anybody have a gut to buy a shares @highest price before it will be dumped by others????
Monitor closely... As I said, this Bpuri is a company without strong fundamental....
I think this uptrend can be a MANIPULATED uptrend. I warn you all.
GOOD LUCK. TAYOR
2023-12-08 16:19 | Report Abuse
tklim
3,268 posts
Posted by tklim > 1 minute ago | Report Abuse
then I follow Sang Jero lah.......sure money🤑🤑🤑🤑
-----------
Is it Sang Jero related to any operator/sharks/insisders HERE??? Oooo Kalau macam tu tklim mungkin PROXY operator lah?? Ya atau Bukan. Patutlah. He He He
2023-12-08 16:16 | Report Abuse
BEWARE and monitor closely before you be scammed by fake technical analysis:
Technical indicators can be MANIPULATED by market players (insiders or sharks). It can be reversed anytime...
Its what happened @ Kanger few weeks ago. Its also can be happened @ Bpuri.
Yeah.. It's really scarry..
BOOOOM, we bilis will KEOK. He He He
Only a good technical indicators which is suported by a good fundamental will sustain. QR4 2023 alone BPuri incurred a nett loss of RM60.457 million. How??? Is it a good indicator for its fundamental???
2023-12-08 16:11 | Report Abuse
Posted by tklim > 5 minutes ago | Report Abuse
I am NOT worried about Bina Puri.....
-------
Other small bilis investors who followed you, at end will be very worried. Traped when the operator take a u-turn.
You will be save, because you already buy @ lower price before you push the counter with your numbers from your technical analysis data. You can quit savely.
3 minutes ago
2023-12-08 15:56 | Report Abuse
@OKU_2020... Still can't get @5.. Help me to GONCANG lagi kuat... Sincerely need your help..
2023-12-08 15:41 | Report Abuse
@ExecutionTrade.. Surely you have a gut... Do it... Wish you a good luck.. Trade at your own risks.
He He He
2023-12-08 15:34 | Report Abuse
@OKU_2020. I'm just a bilis investor.... Just a part-timer in investing/trading. Also keep my saving outside the BURSA. It's nothing for me to be scared..... Even I'm not soo succesful in investing / trading... I have a secure income to live in. Thank to Allah.
2023-12-08 15:25 | Report Abuse
Posted by tklim > 5 minutes ago | Report Abuse
I am NOT worried about Bina Puri.....
-------
Other small bilis investors who followed you, at end will be very worried. Traped when the operator take a u-turn.
You will be save, because you already but @ lower price before you push the counter with your numbers from your technical analysis data. You can quit savely.
2023-12-08 15:20 | Report Abuse
@tklim... Confirmed.. you're solely A SPECULATOR....
Please dont' bring others to succumb in your play with operators....
2023-12-08 15:18 | Report Abuse
@OKU_2020. Still can't get @5.... Goncang harder, please....
2023-12-08 15:17 | Report Abuse
Yes, you're smart in the terms of technical analysis which I don't.
Be in reality, in the long run..... fundamental is more important in long run.
Unless you're solely A SPECULATOR.... Dont' bring others to succumb in your play with operators....
2023-12-08 15:11 | Report Abuse
@tklim.... Do you think PN17 or GN3 companies is better than any companies which are free from PN17 or GN3 CAGE?????
2023-12-08 15:07 | Report Abuse
True... But if NTA affected the PN17 criteria, the company listed in PN17 listed issuers, most operators won't play anymore on those counter...
2023-12-08 15:02 | Report Abuse
Still can't get @5.... Goncang lagi OKU_2020.. You can do it!!!
2023-12-08 14:57 | Report Abuse
WB its maturity date is 2026. Long time to go.... For a long run investor.
Last time I earn alot by buying WB @1.5 sen and sold some at 4.5 sen and some @ 3 sen
2023-12-08 14:51 | Report Abuse
For what I don't know and can't think of, It's an absurd to me!!!!
2023-12-08 14:49 | Report Abuse
For me, Kanger is fundamentally better than BPuri... What is the reasons for them to push the price lower (below than 3 sen, its lowest price in the year) ????
2023-12-08 14:29 | Report Abuse
Anyways, thanks for advice, OKU_2020.
The calculated risks have been taken. Will save some bullets as a fishing baits if the price drops further.....
Wish me good luck... He He He
2023-12-08 14:25 | Report Abuse
tongkeng bone ?
--------
is it a monkey bone???
2023-12-08 12:38 | Report Abuse
@OKU_2020. It's not like you feel. Read my past posting. I'm waiting for weeks to use the money comes from the sold kanger shares (half of my holding in Kanger) to reload Kanger shares... Hope this is the ringht time @right price to reload some.
Don't look a book with it's cover.... He He He
2023-12-08 12:27 | Report Abuse
Trying another small batch @5 sen. (Notification: This information is not a tendency to ask others to buy) TAYOR.
2023-12-08 12:23 | Report Abuse
Okay. Done. Thank you OU_2020.
2023-12-08 12:14 | Report Abuse
Yes... Just trying to add some more @5.5 sen. Just @ my capacity as a so small investor (anak ikan bilis)... He He He. Notification: This information is not a tendency to ask others to buy. TAYOR. He He He
2023-12-08 12:06 | Report Abuse
Good. Thank you OKU_2020. I got some. Thank you.
2023-12-08 12:03 | Report Abuse
I think I am not spamming the untrue or misleading information on BPuri. If there is any wrong information, please argue or tell me to correct that information. TAYOR
2023-12-08 11:33 | Report Abuse
Is there anybody have a gut to buy a shares @highest price before it will be dumped by others....
Monitor closely... As I said, this Bpuri is a company without strong fundamental....
I think this uptrend can be the MANIPULATED uptrend. I warn you all.
GOOD LUCK. TAYOR
2023-12-08 11:25 | Report Abuse
Still monitoring the tides of water flow. Waiting some @5.5 sen.
OKU_2020,,, Please GONCANG POKOK Kanger lagi kuat. Let me have some @ 5.5 sen. Perhaps..
Stock: [KANGER]: KANGER INTERNATIONAL BERHAD
2023-12-10 21:16 | Report Abuse
For WB its maturity date is 2026. Long time to go.... For a long run investor.
Last time I earn alot by buying WB @1.5 sen and sold some at 4.5 sen and some @ 3 sen.