Anyways,,, the new definition of good stocks will be:

It mus be a PN17 listed company and the company with a huge debt...

@kyliew.
Stock: [KNM]: KNM GROUP BHD

1 day ago | Report Abuse

This ship will Sink back between 5 and 10cents....i will come back in few weeks
-------
Please don't leave your KNM counter!!!!

Now, are you fishing here because you alreading missing this boat???

Say it clearly, then we can understand you. He He He

@SALAM. Kalau macam tu, mana ada seronok.. He He He

Please tell us what should be the reason/s for the price of Kanger shares uptrending from the floor price 3 sen to 12.5 sen....
Rather than just talk negatively, we are happy to discuss any idea from our friend. He He He

Why bring Netx, KNM or Mtronic here???? Are the insider or management the same group of people????

Anyways, lately Kanger continued to be in uptrend.... Hope it will continue in uptrend mode.

Did OKU_2020 ever hold any Kanger shares???
Anyways, lately Kanger continued to be in uptrend.... Hope it will continue in uptrend mode.

@Patience99. You're welcome. Hope Kanger at least will be like Yongtai.... He He He.

Also we can evaluate Kanger current ratio.
The current ratio, also known as the working capital ratio, measures the capability of a business to meet its short-term obligations that are due within a year.
Kanger current ratio = Current Assets / Current Liabilities = RM141,171,000 / RM48,619,000 = 2.9 (means 2.9 X).

The business currently has a current ratio of 2.9, meaning it can easily settle each Ringgit Malaysia on loan or accounts payable nearly thrice. A rate of more than 1 suggests financial well-being for the company.

@Patience. 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.

Anyways, there are more ways to evaluate the company’s financial performances..... TAYOR

@Kyliew. You are comparing Kanger with a different company with a different sector/industry of businesses , different size of share numbers and different "political drama" concerning its shareholding among its shareholders. Anyways, KNM is a PN17 company but Kanger is not... He He He

Michael Kwok

Kanger 11 cents
Resistance 11.5 cents then talk of passing 15 cents
12/10/23 1.20pm
**by the way got over 155 followers.

2 days ago

yalah OKU_2020!!! Untuk saya Nexgram dan Bornoil.
Cuma, harap-harap bukan semua kaunter sama keadaannya.

Hahahaha satu bulan lebih sikit sudah naik 300per cent,walloa eh Wakaka
----------
Sudah lama sangat dia downtrend.
Mungkin sudah capai dan berada pada harga lantai 3-4 sen cukup lama.
Uptrend lah pulak.. He He He

Kanger involves in
1. manufacturing and trading (construction materials)
2. project management services.
3. trading of medical and healthcare products
4. Construction works

1 x sahaja. Saya pos dua kali apabila ambil sumber text yang berlainan. Maaf.

The Subject Properties entails 126 units of proposed serviced apartments located on
the 30th to 45th floors of Tower A, Antara @ Genting Highlands. Antara @ Genting
Highlands, which is currently being developed by AKSB, is an on-going residential
development consisting of 4 towers with 1 floor of commercial/ retail space, 1 floor
dedicated to a convention hall and 3 floors of common amenities and facilities, atop a
10 storey car park podium situated on a piece of freehold land held under Title No.
GRN 45572 (formerly HSD 18603), Lot 43031 (formerly PT 23923), Mukim and District
of Bentong, Pahang Darul Makmur.

@Peace99.
Acquired 126 units of service apartments at Antara @ Genting Highlands for RM142.87 million. Average cost per unit RM1.13 million.

MZM2511

Antara kemungkinan:
1. Akan ada berita baik berkaitan apa-apa aktiviti yang boleh meningkatkan syarikat.
2. Ada pihak yang cuba naikkan harga untuk jual syer yang dahulunya di beli lebih tinggi
3. Mungkin juga syarikat cuba untuk naikkan harga jika ada plan untuk cadang RI baharu atau ESOS. Mungkin untuk atasi kekurangan tunai dalam syarikat atau membiayai projek syarikat.
4. ....
5. .....

3 weeks ago

...............................

Item no. 2, Si Tung Nai dah dispose syer. Apa lagi kemungkinan yang akan berlaku ya?

Apa rancangan depa seterusnya....

MZM2511

Antara kemungkinan:
1. Akan ada berita baik berkaitan apa-apa aktiviti yang boleh meningkatkan syarikat.
2. Ada pihak yang cuba naikkan harga untuk jual syer yang dahulunya di beli lebih tinggi
3. Mungkin juga syarikat cuba untuk naikkan harga jika ada plan untuk cadang RI baharu atau ESOS. Mungkin untuk atasi kekurangan tunai dalam syarikat atau membiayai projek syarikat.
4. ....
5. .....

2 weeks ago
--------------------
Nak main saham ertinya terpaksa menghadapi risiko. Mesti ada risiko, sama ada besar atau kecil....

Kali ini... memang saya sendiri berhati-hati.... tetapi mujurlah sempat juga ambil kesempatan. Belum lagi jual walaupun sudah dapat banyak juga recover rugi (on paper) atas alasan ingin terus menghadapi risiko..... Sama-samalah berhati-hati. TAYOR

25.9.23 sudah lepas beberapa sesi trading. Harga saham terus naik. Apa rancangan depa seterusnya....

Yang penting ada bilis yang cerdik ambik kesempatan untuk beli pada harga 3 - 4 sen .....
sekarang sudah untung banyak. Tinggal bilis yang asyik menangisi rugi lama takut untuk ambil kesempatan sahaja yang masih menyalak menangisi kerugian lama... He He He.

@JJPTR. The money has been collected from the RI means to pay for Genting Vondo acquisition.



.

Relax. This time I think no sign of pump and dump yet. Maybe it still in its accummulation stages.

I think it's worth to monitor. TAYOR

Relax. Hope it's not in a pump and dump situation. Hope it still in accummulation stages.
I think it's worth to monitor. TAYOR

Tak apa... Asal jangan jadi bahan pump and dump dari pihak shark... Yang lain semua ok. He He He

Antara kemungkinan:
1. Akan ada berita baik berkaitan apa-apa aktiviti yang boleh meningkatkan syarikat.
2. Ada pihak yang cuba naikkan harga untuk jual syer yang dahulunya di beli lebih tinggi
3. Mungkin juga syarikat cuba untuk naikkan harga jika ada plan untuk cadang RI baharu atau ESOS. Mungkin untuk atasi kekurangan tunai dalam syarikat atau membiayai projek syarikat.
4. ....
5. .....

Tengok ajalah.... Cuma bagi saya mungkin ada rancangan pihak tertentu menyebabkan ada pergerakan sedikit harga setelah sekian lama dalam keadaan down trend.

Semuanya mungkin baik, asalkan saja boleh gerakkan sedikit harga ke atas.. TAYOR

Posted by OKU_2020 > 1 month ago | Report Abuse

2 sen coming
----->
Posted by OKU_2020 > 3 weeks ago | Report Abuse

GLOOOMY outlook
be prepared 2 sen
---------->
Posted by OKU_2020 > 13 hours ago | Report Abuse

Trap Liao
3 SEN COMING

@@@@@@@@@@

????????!!!!!!!!!????????..... OKU_2020. Fenning sudah! He He He

pessimistic views vs optimistic views on Kanger.

Hold on it, individually... TAYOR

For me, I'm not optimist nor pessimist.

TOTAL EQUITY RM292,942,000.

All the core assets (owned by the sold subsidaries) included liabilities has been cleared. Its just what I believe..

@Konnichiwa. Still hold... Added some Warrants.

Kanger NTA is RM0.44 or 44 sen.

OKU_2020

GLOOOMY outlook
be prepared 2 sen

3 weeks ago
---
OKU_2020

To be DEAD RAT again
many to be trapped liao & roasted to dead rat

3 days ago
-----------


HANYA UNTUK DIGUNAKAN SEBAGAI REFLEKSI DIRI SENDIRI SAHAJA ......

The Board of Directors of Kanger wishes to announce that the Company will continue with the proposed change of the Company's name with a new name. Such new proposed name is subject to the approval by the shareholders of the Company at the forthcoming 10th Annual General Meeting to be convened at a date to be announced later and the circular to shareholder with details of the new proposed change of name will be issue to the shareholders in due course.

I think no more dato teleng in the boardship and has nil shares in GPacket (at least directly held). I am please to be corrected...

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3356675

Thanks Konnichiwa...
---------------
Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

4 weeks ago | Report Abuse

@Patience99. It's all true view...
There is no major activity reported here lately.
I'm halve invested in Kanger....
Still no inclusive decision has been made about my investment in Kanger.

OK.... Masih belum muflis.

9/10 pemain tikam saham akan terkena tikaman....

Hanya satu orang yang cerdik (mungkin seperti OKU_2020) yang terlepas tikaman?????

What Is Capital Commitment?
A capital commitment is the projected capital expenditure a company commits to spending on long-term assets over a period of time.

It also refers to the securities inventory carried by a market maker. The capital commitment may also refer to investments in blind pool funds by venture capital investors, which they contribute overtime when requested by the fund manager.

1. Capital commitment refers to the projected capital expenditure a company will spend on long-term assets over a period of time.
2. Other areas that constitute capital commitments are the securities inventories of market makers and investments in blind pool funds by venture capitalists.
3. The most common areas of capital commitments include operating expenses, such as property-related costs, equipment, production materials, and future business ventures.
4. Risks associated with capital commitments include overextending an allocation of funds, with the possibility of a company not being able to meet other obligations.

TM = Trademark...

Hmmmm - OKU_2020... Still standing by his original TM.. He He He

My plan is to look at one or two more quarter reports... Hope can see the good news, especially related to the profitabilty of the company.

If no good news, plan to make decision on to leave this counter, as I cut loss at Nexgram with my biggest losses from my individual invested counter ever in my investing history.

Anyway........ TAYOR

I still stucked here at Kanger. The reason is relating to the proposed plan by Kanger in doing vaccine business. Big loss in this counter, the second in the list after the scam Nexgram counter....

@Patience99. Agree.

Many board members in certain listed companies in KLSE have deflective objectives in their sitting on the BOD chair. More on finding opportunities towards their own peronal/group interests rather than to fulfil their responsilities for the sake of the companies and its shareholders as a whole.

Legally, they have a chance to steal from the company's coffer...... There are many ways to do it. It happened in many listed companies....

https://malaysiastock.biz/Company-Announcement.aspx?id=1472566
OTHERS MARINE & GENERAL BERHAD - PN 17 SUBSEQUENT ANNOUNCEMENT

Reference is made to our announcement on 30 September 2021 and 30 March 2023 in relation to Bursa Malaysia Securities Berhad (“Bursa Securities”) PN17 Relief Measures as a result of Marine & General Berhad triggering Suspended Criteria but not classified as a PN17 Listed Issuer.

In view of the above, M&G no longer triggers the prescribed criteria pursuant to Paragraph 8.04 and Paragraph 2.1 of PN17 of the MMLR of Bursa Securities and will not be classified as a PN17 listed issuer.



Please refer to the attachment of this announcement for details of the unaudited interim result for the period ended 28 February 2023 of M&G Group.



This announcement is dated 4 April 2023.

Mr. Leong Seng Wui, the Group Executive Director and CEO (been appointed on 10 Feb 2022) who replaces Mr Puan Chan Cheong who resigned on 31 Jan 2022.

On 07 Jul 2023, Mr. Leong Seng Wui resigned from the board risk committee.
(Refer: https://malaysiastock.biz/Company-Announcement.aspx?id=1494517).

No notification that Mr. Leong was resigned from the boardship as the Group Executive Director and CEO.

Any other info to correct this info?

Note: There is no Chief Executive who is not a Director of the Company.

https://malaysiastock.biz/Company-Announcement.aspx?id=1485212

I think no more dato teleng in the boardship and has nil shares in GPacket (at least directly held). I am please to be corrected...

26 May 2023 - Notice of Person Ceasing (Section 139 of CA 2016)
DATO SRI LIM KOK HAN
Disposal of shares via direct business transaction
No of securities disposed 358,183,000 unit
Total no of securities after change 0 unit (0 %)

https://malaysiastock.biz/Company-Announcement.aspx?id=1484688
https://malaysiastock.biz/Company-Announcement.aspx?id=1485202

30 May 2023 Change in Boardroom
Name DATO SRI LIM KOK HAN
Designation Non Executive Director
Directorate Non Independent and Non Executive
Type of change Resignation

@Patience99. It's all true view...
There is no major activity reported here lately.
I'm halve invested in Kanger....
Still no inclusive decision has been made about my investment in Kanger.

I'm already left Nexgram and Bornoil with a decisive decisions. Stuck in both SCAM counters.

TAYOR