Based on technical, it's still not so good...
https://www.tradingview.com/symbols/MYX-LKL/technicals/

@youngclean.. Please note any false statement in the text below...
--------
A history of BPuri:

Before this, BPuri have won projects worth billion, but BPuri have lost four years in a row. Since 10 years ago, BPuri's NTA from RM1.00 has become 2.6 sen... BPuri's management is really a "killer".... Good at making losses and increasing NOSH only.
Make Placement and RI like...

@Noobie123. If you're not interested anymore @Kanger counter, it's okay. More than 1k counter to play... He He He

@yourewelcome88. Thanks. At least I tried my best here...

Anyways, I still have some interest and confidence @this counter...
For short term, I want to declare my next probable entry point here @5 sen or below.
Reasoning is a bulk of SIS price @5.8 sen. Also, I think the next PP should be set @5.8 sen or higher than that...... TAYOR

Not bye bye yet for this counter.
As I posted before:

The basic thing is Kanger not a dying company, at least in a short and medium term..
Still good as a trading counter, also for short and medium term investment (at least).. TAYOR

Sold all. Just bye bye for now.. The climate is too cloudy. Still have a plan to re-enter @ below 5.5 sen. Thanks to Allah the loss just around RM20k @this counter... Compared to more than RM73 k if I cut loss when the price is around 4 sen years ago.

@Noobie123... We are playing with the risks...

LKL revisited the lowest price of a year @13 sen and closed @13.5 sen.....

To make sure the warrant issuance exercise successful, the price of the mother share SHOULD be more than 13.5 sen!!!
Just my DREAM... TAYOR

18 Jan - 29 Jan for me are the important dates..... to monitor

The basic thing is Kanger not a dying company, at least in a short and medium term..
Still good as a trading counter, also for short and medium term investment (at least).. TAYOR

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

Now, Wu Wai Kong leads Kanger..... The new captain needed in the company...

@ExecutionTrade.. Let us see it... WHAT MAKES BPuri SO SPEACIAL related to its incoming share consolidation exercise!!!

Please study these companies .... sanichi, pasukgb, fast, ages, lambo, mtronic, nexgram, kanger and many others which did the share consolidation. You will find your own answer then.....
Anyways I had my own experiences @Kanger, Trive and Nexgram. All were nightmares..

We can notice it from the notes of last 2 QR....

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

BEWARE OF A PUMP AND DUMP SCHEME...

The Securities Commission Malaysia (SC) today ( date is unnotable) 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.

BEWARE OF A PUMP AND DUMP SCHEME...

The Securities Commission Malaysia (SC) today ( date is unnotable) 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.

BEWARE OF A PUMP AND DUMP SCHEME...

The Securities Commission Malaysia (SC) today ( date is unnotable) 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.

BEWARE OF A PUMP AND DUMP SCHEME...

The Securities Commission Malaysia (SC) today ( date is unnotable) 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 speculation is back — beware!
https://theedgemalaysia.com/node/696727

The speculation is back — beware!
https://theedgemalaysia.com/node/696727

The speculation is back — beware!
https://theedgemalaysia.com/node/696727

The speculation is back — beware!
https://theedgemalaysia.com/node/696727

NEWBIES...
BPuri is not the only counter to invest in KLSE... Find another good and fundamentally sound counter... TAYOR

AR .. yes maybe!!! QR will be next month.

Is it a time for them to goreng?

We can see it later. He has to report if he sell or buy any shares.

Kanger executive director Wu Wai Kong emerges as substantial shareholder
https://theedgemalaysia.com/node/697468

Today is a day for the re-emergence of substantial shareholder among the BOD.
Let's see he will hold the title for long or for a short period only.

Anyway, every changes of shareholding by any directors, it's compulsary for them to file for the announcement @ BURSA. TAYOR

Another SIS listing tomorrow...The last batch of Existing (old) SIS. This is for Executive Director MR. Wu Wai Kong
--------
Types of corporate proposal ESOS
Details of corporate proposal Share Issuance Scheme
No. of shares issued under this corporate proposal 50,500,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0580
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units 731,581,371
Issued Share Capital ($$) Malaysian Ringgit (MYR) 469,480,754.079
Listing Date 16 Jan 2024

@SALAM.. You have an option to be silently follow your technical skill in trading @Kanger counter!!!

I am not a pure trader. Need to guess and look at a fundamental aspects to do certain investment decisions.

Important dates to read and digest. For those who want to speculate, can use it as an important information. TAYOR.
---------------------
Date for commencement of trading of rights 12 Jan 2024
Date for cessation of trading of rights 19 Jan 2024
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 06 Feb 2024
Last date and time for :
Sale of provisional allotment of rights 18 Jan 2024 05:00 PM
Transfer of provisional allotment of rights 22 Jan 2024 04:30 PM
Acceptance and Payment 29 Jan 2024 05:00 PM
Excess share application and payment 29 Jan 2024 05:00 PM
Available/Listing Date 14 Feb 2024

i'm a newbie @this counter. Feels interested @ this company's warrant issuance....

Anyways, I think base on my study on Biohldg fundamental, I made a conclusion that this company won't be succumb to GN3 in a near future. The company is improving its pofitabilty...

1. NTA 10.85 sen.
2. NOSH 1.406 bilion.

3. EQUITY
Share capital RM 186,014,000
Reserves (RM 39,795,000)
Equity attributable to owners of the parent RM 146,219,000
Non-controlling interests RM 3,353,000
TOTAL EQUITY RM 149,572,000

4. Cash and Cash Equivalent:
Fixed deposit with licensed bank RM 1,018,000
Cash and bank balances RM 9,597,000

5. Assets:
Non-current Assets RM 138,443,000
(Note: Including investment in quoted shares RM 23,532,000)
Current Assets RM 56,258,000
TOTAL ASSETS RM 194,701,000

6. Liabilities:
Current Liabilities RM 12,385,000
Non-current liabilities RM 32,744,000
TOTAL LIABILITIES RM 45,129,000

7. Last QR result-Net loss (RM2,760,000)
Note 1:
The Group’s current quarter revenue for the financial period ended 30 September 2023 (“3QFY23”) grew by 61.3% year-on-year (“YoY”) to RM11.7 million, as compared to RM7.3 million in the preceding year’s corresponding quarter (“3QFY22”). The growth was driven by improved performance across all the Group’s segments

Note 2:
The Group’s revenue for the 3QFY23 increased by 37.7% to RM11.7 million, against RM8.5 million in the second (2nd) quarter ended 30 June 2023.

Note 3:
Meanwhile, turnover for the Group’s supply of health foods to China more than doubled to RM3.0 million in 3QFY23 (2QFY23: RM1.4 million) as deliveries to customers picked up. For our retail pharmacy business, revenue grew by 76.8% to RM5.4 million, from RM3.1 million in 2QFY23, on the back of contributions from newly opened pharmacy outlets.

Apart from Datok Chu's announcement on his divestment of shares, I expect there maybe other announcement probably to come... Just my expectation..
---------

If there will be any good announcement, the price probably will recover for second wave... TAYOR

But, what we can observe, even the director, Datok Chu disposed his shares earlier, @ a lower price than the highest price of this uptrending session @9 sen....

I concluded that even Dato Chu, do not know the highest target price of this "operator" (if any).......

Usually, there should be an impetus for certain counter to be goreng ---
It might be caused by a positive reason or also it could be happened for a negative reason.... TAYOR

I'm not a chartist...

RSI(14) Neutral 39.8
Stochastic(14) Oversold 20.0
Average Volume (3M) 9,288,100
Relative Volume 0.5

But based on technical, it's still not so good...
https://www.tradingview.com/symbols/MYX-LKL/technicals/


I hope it's already building its support price @14-14.5... How long??? I don't know. HE HE HE

Hope it won't fall further to test new low..

SIS listing tomorrow...

Details of corporate proposal Share Issuance Scheme
No. of shares issued under this corporate proposal 31,213,369
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0580
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units 681,081,371
Issued Share Capital ($$) Malaysian Ringgit (MYR) 466,551,754.079
Listing Date 12 Jan 2024

Ok Just a little bit busy...
As for Kanger... Still in waiting game.
If it fall @my target price, I will buy some to add...

@DrMBTK....
Agree. Speculative counters's price especially the price of penny stocks not so much dependent on fundamental. It's price is relatively cheap, therefore almost small retailers like to invest in it, and always be a goreng counter by promoters / sharks.

But, for me I have a limitation refering to my earlier statement.
I'm not a highly risk taker.

I won't touch a company with a bad fundamental base if:

1. I found that the company is a candidate for delisting exercise by BURSA.

2. I found that the company has a high risk to be listed as PN17 or GN3 listed issuer.

3. I found that the company has a high risk to do share consolidation exercise. Yes. Literally and also has been taught in accounting class that in principle, share consolidation exercise won't change the shareholder's value of owning certain quantity of shares in certain company, but my experiences on a number of company who did the share consolidations gave me different taught. I had my own experiences @Kanger, Trive and Nexgram. All were nightmares..

Operator and insider possibly already exited Kanger while the last pump and dump occured.

What will hapen later at Kanger counter is a possibility of a pump or dump activities to make sure new shareholder/s under PP and the current BOD to subscribe his SIS.

But, I think more possibility on TO PUMP before every issuance of SIS and PP... TAYOR

Still at base building stage???
I think operator / insiders already finished year end sale... TAYOR

Silentreader88

price at all time low now. yet, no operator money want to buy to push the price, only retailers.

1 month ago
-----------------
How do we know this time it wakes up to jump higher later?
Maybe want to do some exercises.... He He He

My turn to answer your comment... He He He

1. The problem @BPuri was not about REVENUE (SALES) - But the cost of sales was higher than revenue.. Therefore showed losses... ... Incurred Loss Before Tax.. net loss usually will be at bigger amount. He He He.

QR 30 Sep 2023 QR 30 Sep 2022 QR 30 Sep 2023 QR30 Sep 2022
1 Revenue 44,212,000 37,752,000 44,212,000 37,752,000
2 Profit/(loss) before tax -10,580,000 -14,546,000 -10,580,000 -14,546,000

2. Sebelum ini pun pernah dapat projek berbillion-billion, tetapi empat tahun sudah rugi berturut-turut. Sejak 10 tahun dulu pun NTA RM1.00 dah jadi 2.6 sen... Memang killer betul management BPuri.... Pandai buat rugi dan naikkan NOSH sahaja. Buat Placement dan RI bagai...

@Winner38. Congrat to you.. You already earned....
Thank you for your advice. He He He

............................................
Winner38

MSIA punya MOU boleh kasi tarik balik punya,.. Cepat jual klu ada profits.. Nasib baik semua dah jual 0055..buy in again 0045..
Ini kalilah..

2 months ago

@Atacms.. The problem @BPuri was not about REVENUE (SALES) - But the cost of sales was higher than revenue.. Therefore showed losses... ... Incurred Loss Before Tax.. net loss usually will be at bigger amount. He He He.

QR 30 Sep 2023 QR 30 Sep 2022 QR 30 Sep 2023 QR30 Sep 2022
1 Revenue 44,212,000 37,752,000 44,212,000 37,752,000
2 Profit/(loss) before tax -10,580,000 -14,546,000 -10,580,000 -14,546,000

Please read a brief result of my fundamental analysis on BPuri.

Sebelum ini pun pernah dapat projek berbillion-billion, tetapi empat tahun sudah rugi berturut-turut. Sejak 10 tahun dulu pun NTA RM1.00 dah jadi 2.6 sen... Memang killer betul management BPuri.... Pandai buat rugi dan naikkan NOSH sahaja. Buat Placement dan RI bagai...

Wah.... Sudah bangun tidur ka???

Silentreader88

price at all time low now. yet, no operator money want to buy to push the price, only retailers.

1 month ago
-------

I want to see, for how long this counter will sleep!!!!!!!

During the financial period, the issued and paid-up share capital of the Company was increased from 394,780,574 ordinary shares to 707,589,259 ordinary shares by way of an issue of:
a. 17,749,700 new ordinary shares for cash pursuant to the private placement at an exercise price of RM0.104 per share;
b. 25,000,000 new ordinary shares from conversion of preferences shares at the conversion of RM0.04 per preference shares for total consideration of RM1,000,000; and
c. 270,058,985 of right issues at price of RM0.08 each.
-----------

Look like those who took for private placement of shares @10.4 sen and RI subscribers @8 sen also in paper loss.. How????

@DickyMe... Betul. Tapi maksud saya ialah, biasanya syariah compliant counter akan lebih berpeluang dibeli juga oleh kebanyakan pelabur runcit muslim (yang ambil kira kaunter syariah sahaja untuk dilaburkan). Lebih banyak permintaan untuk syer yang syariah....

@sangjero. How about BPuri?

NTA 2.7 sen, also with so many corporate exercises: share consolidation, Private Placement and Employee share option.

Do you think that BPuri is good enough to entice NEWBIES the with your technical analysis---- with a fundamental which is far below than Kanger??? He He He