@Konnichiwa.
f registered under his name, its possible because he never buy @ lower price (based on filing). But he can has a proxy to buy the shares under proxy account @ low price. (Without needs for him to file announcement @ Bursa)

@MarioBros... After all, make your own decision...

I'm not a qualified person to give advice for someone to buy or to sell any quoted shares. I think OKU_2020 and Be Greedy also not a qualified persons to do this job... TAYOR

Good luck...

@MarioBros. To rephrase: Substantial shareholder (Kuah Choon Chin as I said the true investor in Kanger before this) dump shares and ceasing to be substantial shareholder on 30 Nov 2023 --- Not today.

That is also a bad news for me...... I don't expect he will do it for some reasons...
Hope not shark who bought his shares in the market...
Hope for new substantial shareholder will be emerged...

On OKU_2020,,, I don't agree with your logic.... I know OKU_2020 few years back.... You better recheck who he is and how he likes to bomb many counters..... I think he is more speculative rather than to be sincere with newbies in certain counters... Anyways TAYOR

Dan sejak 2021 lagi OKU_2020, the monkey hari-hari goncang pokok Kanger...... Dulu harga 3 sen... Sekarang dah OK sikit. He He He. Berapa banyak monyet sudah dapat untung manipulate harga dengan goncang-goncang ni...

Monyet tetap monyet... Memang gene monyet tak akan berubah jadi gene manusia... FIKIR FIKIRKAN LAH.

I hold some bilis stake in Kanger.. started from 2021 untill now, continously hold some. I have to fight for it... I have no idea about the intention and objective of the monkey which repeatedly and continously badmouth it.... in response to any good news or bad news...

@Konnichiwa... It's my long stories if it involving OKU_2020.. Worst naysayers than wistlebower99.... wistlebower sometimes is more ethical... Sorry for interupting others because of my personal fight with the real monkey.....

Just based on my observation:

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. The cost of holding Kanger's share by insiders is high , for example those who subcribed RI at a price of 6 sen actually bear the actual cost of 60 sen per share ( after consolidation ).

Be Careful... and Trade At Your Own Ris

We all can make our own decision... It's your money to invest in,,,,,,, No one is pointing the gun on your head... TAYOR

No clue from me... Better ask MR Chartist tklim... He He He

Nanti bila kaunter green, monyet sembunyi dalam hutan.. He He He

Goncang, jangan tak goncang.... Kerja monyet memang goncang pokok..
I'm going to top-up some at my desired price... He He He TAYOR

Just hold..... Let the monkey goncang pokok.....

Let the monkey happy.... Berguling2 sebab baru keluar dari hutan. He He He

Still evaluating for new entry... still keeping some my holding..

Agree..

Itu senang kira teori MONKEY yang suka goyang pokok... Lebih baik sembunyi dalam hutan saja, sebab banyak pokok ... He He He

let the market determines it????
We don't need monkey to goncang pokok.... And later affecting our decision on the counter... He He He

tklim

CAN MAKE MONEY FROM KANGER...MONITOR CLOSELY..

AT THE RIGHT PRICE ....AT THE RIGHT TIME

21 hours ago

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

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.
-------
As expected:
Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

5 days ago | Report Abuse

Expecting better performance in incoming QR announcement.....
can be caused by:
1. profit generated by subsdidiary, and / or
2. Reversal of impairment loss from the earlier QR.

### Be noted that this is just my unprofessional opinion. Please consult your professional agent on this matter. He He He

The sign of fundamental of the company should be there....

Eager to look @ QR..... Can englithten some issues.... TAYOR

Goncang pokok pun tak guna.....

@rainman77. Ye ke??? Baru boleh lihat thread. He He He
Gang OKU_2020 sudah masuk hutan ke???

Mungkin pokok di hutan ada peluang goncang bagi dapatkan BUAH.....

Proven...... Monkey penggoyang pokok sedang BOOM kaunter Kanger.... dan lain-lain kaunter tanpa sebab yang saya sendiri tak faham.....

Yang goyang pokok... Siapa ya?

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 40 sen plus.

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

Let the power of market determines Kanger's share price....

It's normal for me. Even pump and dump. We can find the good point of entry and exit... If we are clever and smart we can do it!!!!

Harapkan monkey.... Setiap masa negatif saja, untuk semua kaunter..

Monkey tak pernah terkejut goncang pokok... Ada buah atau tidak, apa kira!!!! He He He

Betul, prove sudah ada monkey yang melompat2... He He He

Macm baru sehari main saham????

Monkey tetap monkey Goyang2 pokok lepas tu tertawakan orang lain.. He He He

Still waiting for another clues...

Macam sehari main saham... Terberak, terkencing, goyang pokok macam crazy monkey.

Yang goyang pokok... Siapa ya?

I'm waiting for an incoming QR announcement. I think it will enlighten so many issues.....

Guys, with an open heart can analyse this:

Based on QR5 2023:
Net Debt Ratio.
Net Debt = Gross Debt – Cash and Cash Equivalents
= (Current liabilities + Non-current liabilities) - Cash and cash equivalents
= (RM48,619,000 + RM2,364,000) - RM621,000
= RM50,983,000 - RM621,000
= RM50,362,000. (Be noted that the investments value including the Genting condo is not accounted as the company’s cash equivalent because its classified under Investment properties (non-current assets).
The net debt value is positive. A positive net debt implies that Kanger possesses lack of cash and cash equivalents than its financial obligations, and hence is more financially unstable. The problem concerning its lack of cash and cash of equivalent also will dampen company’s ability in its operational expanses. Therefore, I rather suggest that one of the possibility for the company to seek for more funding such as by exercising RI or private placement.
Private placement may give a result which there will be a new shareholders invited in the company. The company also could do some divestments of its investment, such as the Genting condo if necessary.
However, the net debt metric should not be used alone to determine a company’s financial health. It should be used in conjunction with other liquidity and leverage ratios such as the current ratio, quick ratio, debt ratio, debt-equity ratio, etc.

Kangers’s Current Ratio
For example we can calculate Kanger's current ratio. The current ratio is a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year. It tells investors and analysts how a company can maximize the current assets on its balance sheet to satisfy its current debt and other payables. Kangers' current ratio is current assets - current liabilities = RM141,171,000 / RM48,619,000 = 2.90.
The value is more than 1.0, therefore we can simply say that it's OKAY. (Be noted that while a current ratio is greater than 1.00 indicates that the company has the financial resources to remain solvent in the short term).

Kanger’s Debt Ratio
We can determine Kanger's debt ratio. Kangers's debt ratio = Total debt / Total assets = RM50,983,000 RMRM343,925,000 = 0.14 (means 14%).

The debt ratio is a measure of financial leverage. A company that has a debt ratio of more than 50% is known as a "leveraged" company. As Kanger’s debt ratio is only at 14%, we can simply say that it’s good. Its debt ratio is lower than its equity ratio. It means that the business uses less of debt to fuel its funding.

Substantial shareholding structure
The Proposed Acquisition will not have any effect on the substantial shareholders' shareholdings as the Proposed Acquisition will be fully satisfied in cash and does not involve any issuance of Kanger Shares.
-------------
2.4 Source of funding
The Purchase Consideration will be satisfied via internally generated funds and/ or bank borrowings, the breakdown of which will be determined at a later date by the Board.

Booooommmm. OKU_2020 tak pernah terkejut goncang pokok... He He He

Let the power of market determines Kanger's share price....
Jangan setiap masa negatif saja, untuk semua kaunter.. Itulah saya cakap...

MONKEY yang hanya suka goncang pokok tanpa ambil kira ada buah atau tidak.. Adakah ia menepati perangai awak, OKU_2020????

@OKU_2020... It's OKAY OKU_2020. It's normal for me. Even pump and dump. We can find the good point of entry and exit... If we are clever and smart we can do it!!!!
ARE WE SMART????

But for me, it's better for Kanger to buy investment assets/business like Condo and Sung Master company copared to certain companies which always in losses to buy company listed shares (within its group of companies) and sold them back with huge losses. He He He

@Konnichiwa... 100% Agree .

Thank you OKU_2020,,,,,

Tetapi, MONKEY yang hanya suka goncang pokok tanpa ambil kira ada buah atau tidak.. Is it you, OKU_2020????

Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

2022-07-26 11:00 | Report Abuse

@XXXXX. From your knowledge is it that kanger had sold all their bamboo business in China for rm20 million. Also sold their properties of two buildings and land for over rm250 million . Means kanger moves the business back to Malaysia? Pls share
----------
The proposed sale of their two buildings and land for over rm250 million is still a mystery??????

### Be noted that this is just my unprofessional idea. Do your own research... TAYOR.....

fl888

Con game…in the end Kanger will be in heavy debt../
--------------

Agree.... Unless the company can funding more cash internally..... example.... Disposal of current investment/asset with profit to fund the new investment....

### Be noted that this is just my unprofessional opinion.

Expecting better performance in incoming QR announcement.....
can be caused by:
1. profit generated by subsdidiary, and / or
2. Reversal of impairment loss from the earlier QR.

### Be noted that this is just my unprofessional opinion. Please consult your professional agent on this matter. He He He

Substantial shareholding structure
The Proposed Acquisition will not have any effect on the substantial shareholders' shareholdings as the Proposed Acquisition will be fully satisfied in cash and does not involve any issuance of Kanger Shares.
-------------
2.4 Source of funding
The Purchase Consideration will be satisfied via internally generated funds and/ or bank borrowings, the breakdown of which will be determined at a later date by the Board.

Yesssss. OKU_2020 with his BOMB of lies.

MONKEY yang hanya suka goncang pokok tanpa ambil kira ada buah atau tidak.. That is OKU_2020.

Nafsu serakah... Normal behaviour ????. He He He