KANGER INTERNATIONAL BERHAD

KLSE (MYR): KANGER (0170)

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Last Price

0.04

Today's Change

-0.01 (20.00%)

Day's Change

0.04 - 0.05

Trading Volume

309,600


15 people like this.

32,325 comment(s). Last comment by OKU_2020 4 hours ago

Shootup

3,248 posts

Posted by Shootup > 2020-11-30 18:18 | Report Abuse

No qr

rezzare

580 posts

Posted by rezzare > 2020-11-30 18:22 | Report Abuse

if today still no qr.. means not good in looking

Jjkcl

883 posts

Posted by Jjkcl > 2020-11-30 18:29 | Report Abuse

Aiyah, QR out, losssssss

x3sphere

510 posts

Posted by x3sphere > 2020-11-30 18:30 | Report Abuse

qr loss sure tomorrow fly. haha

MCDIDDY

94 posts

Posted by MCDIDDY > 2020-11-30 18:33 | Report Abuse

yes bursa like this, QR good limit down, QR bad flying

MCDIDDY

94 posts

Posted by MCDIDDY > 2020-11-30 18:33 | Report Abuse

good example look at PBB

huatkopi88

1,985 posts

Posted by huatkopi88 > 2020-11-30 18:33 | Report Abuse

4.7m loss, worse than Q2 and also worse than Q-Q. Tomorrow gap down 0.17?

Hitman

1,301 posts

Posted by Hitman > 2020-11-30 18:34 | Report Abuse

let bygones be bygones, we go for vaccine now

Posted by Beginner123 > 2020-11-30 18:41 | Report Abuse

IMO, The current main theme for this Kanger probably is about the Sinopharm vaccine distribution... Hope it doesnt affected by red QR..

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-11-30 18:46 | Report Abuse

QR bad is to be expected. Now that the new high-tech bamboo processing plant is starting operation soon and China economy is back on track plus the various diversifications, including healthcare, next year will be a better year for Kanger.

DrHash

190 posts

Posted by DrHash > 2020-11-30 18:47 | Report Abuse

No point arguing . Thanks for the reminders

Orlando

4,909 posts

Posted by Orlando > 2020-11-30 18:51 | Report Abuse

No mention of vaccine or gloves at all in d QR gg

rezzare

580 posts

Posted by rezzare > 2020-11-30 18:57 | Report Abuse

ya last support at 145..

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-11-30 19:02 | Report Abuse

The Group has identified the following main strategies to continue to grow its businesses:-

(a) Expansion into new bamboo concession and processing plant in Jingzhou, the PRC
which is currently under construction and targeted to be completed and to start
operations in the third quarter of FYE 2020, in order to better manage raw material
costs, as the new plant is surrounded by an estimated 18,200 metric tonnes standing
stock of ready-to-harvest raw bamboo (translating to an estimated 435,000 square
metres of bamboo flooring). This will be a steady source of raw material supply and
key factor in the re-upscaling of our own bamboo products segment. The expansion in
Jingzhou will allow the Group to focus not only on manufacturing of bamboo products
but also processing of bamboo related foodstuff and bamboo eco-tourism in the near
future;

(b) Expansion of the Group’s flooring products with the launching of new series of
bamboo flooring products;

(c) Enhancing the Group’s flooring products to focus more on ‘green’ strand woven
products;

(d) Expansion of the Group’s product portfolio to include bamboo furniture marketed
under the ‘KAR-ACE’ brand;

(e) Expansion into wood flooring products by promoting Classen’s products in the PRC
through the collaboration with Classen GmbH as the Group is the exclusive distributor
for Classen’s products in the PRC. The COVID-19 pandemic and related lockdowns
has had a significant impact on general business activity and there is always a risk of
second and additional waves occurring in the future. As a result, the Group is
currently in discussions with Classen on reducing the scope of the exclusivity from
China-wide to perhaps focus on Guangdong province or the southern region where
our main and sales offices are. The reason for this is to avoid incurring potential
penalties in the future for not meeting minimum sales targets should the pandemic
turn into a longer term problem.

(f) Expansion of the Group’s presence by increasing the number of appointed dealers in
its sales network and number of sales and marketing channels, for both its own and
third party products;

(g) Identifying candidates to be the Group’s master agents/distributors in countries such
as Malaysia, Australia and New Zealand;

(h) Intensifying efforts in the adoption and building out of a comprehensive omni-channel
marketing strategy which is designed to cover all points of contact with existing and
potential new customers. The Group is also cooperating closely with its dealers in
implementing effective Online-to-Offline marketing and delivery channels. The online
platforms include JD.com, Alibaba’s Taobao and various mini-programs offered by
social media networks like WeChat; and

(i) Diversification of the Group’s principal activities to include property leasing business
which will provide the Group with additional income and cash flows.During the current
financial quarter, the Group has fully leased out its newly completed commercial
properties with a total net lettable area of 683,777 sq ft, comprising a 19-storey hotel
and a 6-storey building specifically outfitted as a one-stop “Auto-City”. The initial
rental income is approximately RM11.1 million per annum, with scheduled rent
increases (for details, refer to Bursa Malaysia announcement dated 9 March, 2020).

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3109880

Fong Kh

1,837 posts

Posted by Fong Kh > 2020-11-30 19:07 | Report Abuse

Administrative expenses (5,557) zzz

Noobie123

1,661 posts

Posted by Noobie123 > 2020-11-30 19:10 | Report Abuse

@angelo, what you think of the accounts?

Fong Kh

1,837 posts

Posted by Fong Kh > 2020-11-30 19:21 | Report Abuse

no vaccine is mentioned...lol

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-11-30 19:26 | Report Abuse

@Fong Kh Most probably not mentioned because vaccine is subjected to approval by authorities. If rejected, then the agreement is off. However, in my opinion, chances of rejection by the authorities is low as Sinopharm has been working very closely with World Health Organization in the development and clinical trials of the vaccine. Hence, the vaccine is almost guaranteed to meet international standards.

Noobie123

1,661 posts

Posted by Noobie123 > 2020-11-30 19:29 | Report Abuse

This qr is as at 30/9/20 la.

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-11-30 19:30 | Report Abuse

Remember that the fate of China is hinging on these vaccines. The government is doing all that they can to ensure that the vaccines quality, safety and efficacy meet international standards so that they can redeem themselves via their vaccine diplomacy.

Friendship

1,615 posts

Posted by Friendship > 2020-11-30 19:37 | Report Abuse

Npra stop bull shitting people anymore

Don’t fool people buying into kanger where loss is more than its entire quarter revenue haha what a joke!!!

Time to wake up as the QR is telling you that kanger is worth less than 0.05. Tomorrow gap down to 0.10 and all the way down to 0.05 and below

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-11-30 19:39 | Report Abuse

@Friendship You are conning your followers everyday that Titijaya will be distributing Sinopharm vaccines Lol what a joke

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-11-30 19:41 | Report Abuse

@friendship As you have noticed , kanger is very resilient. Even with bad news, price also will not move much. Maybe your titijaya is work 0.05 and below for all the lies you are spreading regarding titijaya lol

Shootup

3,248 posts

Posted by Shootup > 2020-11-30 19:48 | Report Abuse

Y losing tat much, not in par with most companies standard

Friendship

1,615 posts

Posted by Friendship > 2020-11-30 19:50 | Report Abuse

Haha good luck in your kanger. Loss is more than its whole quarter revenue. PN17 coming soon? Hahahaha

Posted by Chua Joe Beng > 2020-11-30 19:51 | Report Abuse

@Friendship

i disagreed with ur negative comments on Kanger!

if dropped to 0.10 or 0.05, i will buy more!

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-11-30 19:51 | Report Abuse

@friendship continue spreading lies regarding your titijaya vaccine deal . God will punish you one day for conning your followers

Friendship

1,615 posts

Posted by Friendship > 2020-11-30 19:53 | Report Abuse

At least Titijaya is making profit and NTA is more than its current price. With or without vaccines, Titijaya is worth to buy at current price.

Unlike your kanger is dead loss making and if more losses coming then may even fall into PN17. You are such a big lier bringing your followers to section PN17. Goos job! Keep it up.

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-11-30 19:56 | Report Abuse

@friendhsip I only share facts from published news articles unlike you spreading lies , grandfather stories and baseless fairytales in your titijaya forum. Pity all your followers blindly listening to your lies lolol

Will188

861 posts

Posted by Will188 > 2020-11-30 19:56 | Report Abuse

Tomorrow will shoot up. Use operator mentality

see2sea

2,194 posts

Posted by see2sea > 2020-11-30 19:57 | Report Abuse

The share price today already factored in..now only wait next month their operation in China..more upside to come.

Vaccine is just a bonus and small part.

Why the share price cant move up coz priced in already ma.

Just wait patiently for next month

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-11-30 19:57 | Report Abuse

Tomorrow rebound

Friendship

1,615 posts

Posted by Friendship > 2020-11-30 19:59 | Report Abuse

Kanger NTA is 0.10
Kanger today closing price, 0.18.
80% over priced
Loss making. Loss bigger than quarterly revenue.

Titijaya NTA 0.85
Titijaya today closing price, 0.425
Trading only 50% of its NTA
Profit making since establishment of company.

Both also may seal deals to bring in Sinopharm vaccines.

The choice is clear. You should cut loss in kanger and buy into Titijaya before too late.

Good luck everyone.

MF0001

932 posts

Posted by MF0001 > 2020-11-30 19:59 | Report Abuse

WHAT IF?

KANGEROO SUDDENLY REBOUND?

260 HIT~

WILL U TP OR BUY?

:DDDDDDDDDDDDDDDDDDDDDDDDDDDD

Posted by stocksrocket > 2020-11-30 20:00 | Report Abuse

As for me i dont think i will need a lawyer for advice lol. Nobody ask to go all in, just invest a little within your means. Think what is the potential of the % downside if it really goes south? Say 50% down to less than 0.09? But what if.....think and imagine what is the % upside if any of these news ie bamboo business + gloves + vaccines becomes a reality and big? Probably more than RM1? So i think i will invest some with this hope of upside.

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-11-30 20:01 | Report Abuse

@friendship enough with your tititjaya vaccine deal fantasies lol they will only be distributing medical equipments. Don’t be so delusional. Continue hoping until 2050 also there will be no vaccine deal for titijaya kekeke ...

rockrziq

181 posts

Posted by rockrziq > 2020-11-30 20:02 | Report Abuse

The QR is the 3rd one. Means from August to November business. For sure it will be a loss. How do you even sell bamboo flooring during a peak of pandemic. The QR that we are waiting for is the Q4(end of Feb 2021). By that time the new bamboo RnD factory and vaccines (high chances in early 2021) will start operating. However, I did not expect that Administrative expenses are Rm 5.5 mil. That's what makes it loss so much.

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-11-30 20:02 | Report Abuse

Be careful of this friendship. The biggest conman in this forum.

pineapple123

2,472 posts

Posted by pineapple123 > 2020-11-30 20:02 | Report Abuse

Loss is part of profit culture. Apa bising bising? Which vaccine already showed profit in the world?

NONE.

SO KANGER STILL GOT CHANCE


BUY LOR TOMRROW

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-11-30 20:04 | Report Abuse

Their high tech bamboo plant will only be operating in 4th quarter

BigBladd

268 posts

Posted by BigBladd > 2020-11-30 20:08 | Report Abuse

https://www.theedgemarkets.com/article/titijaya-teams-chinas-stateowned-healthcare-group-sinopharm-supply-ppes-test-kits
KUALA LUMPUR (April 29): Titijaya Land Bhd has inked a five-year agreement with a Chinese state-owned medical equipment manufacturer to develop a business that will be involved in the trading and distribution of medical and hospital equipment, as well as medical industry-related real estate.

In a bourse filing, the group said its wholly-owned Titijaya Resources Sdn Bhd (TRSB) had inked the strategic collaboration agreement with Sinopharm Medical Equipment QuanZhou Co. Ltd (SMEQ), which is part of Sinopharm China National Medical Device Company, whose holding company is China National Pharmaceutical Group Corp (Sinopharm Group).

"Sinopharm Group is a large healthcare group directly under the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council, with a full chain in the industry covering R&D (research and development), manufacturing, logistics and distribution, retail chains, healthcare, engineering services, exhibitions and conferences, international business and financial services," said Titijaya.

18KHarmoni

803 posts

Posted by 18KHarmoni > 2020-11-30 20:11 | Report Abuse

Theorytically is very simple, price drop below the last resistence 0.145, take all out n grab it at 0.10, simple as that, but before 0.145 resistance, by the chart, 0.175 is a very strong support. All this no need to call lawyer or any other professional to verity on it, yr own brain and trading plan can do it. Any way the negative QR will turn into profit when bamboo flooring appear in the market, smile

rockrziq

181 posts

Posted by rockrziq > 2020-11-30 20:14 | Report Abuse

If you invest in a counter yang ada " isi ". Don't worry, ada bisness saham surely rise.

18KHarmoni

803 posts

Posted by 18KHarmoni > 2020-11-30 20:15 | Report Abuse

For titijaya supporter, by fooling and barking here, gwa suspected u are the looser stuck at 0.76 last time n try to get help from ppls to bring u back to the ground, hihihi, smile

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-11-30 20:16 | Report Abuse

@BigBladd Exactly. Nowhere in the titijaya agreement is it mentioned vaccines lol

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-11-30 20:18 | Report Abuse

Although qr not good, but according others counter previous record, sure tomorrow uptrend

Noobie123

1,661 posts

Posted by Noobie123 > 2020-11-30 20:21 | Report Abuse

I only see they have RM32m cash with another RM90m in receivables against bank borrowings of RM18m and payables of RM29m. That's all I need to know. Company make money or lose money is not as important as cash flow.

angelo

414 posts

Posted by angelo > 2020-11-30 20:34 | Report Abuse

Noobie123 @angelo, what you think of the accounts?
30/11/2020 7:10 PM

I just found out the 3rd QR was announced today. Need some time to digest all those figures before I comment.

Shootup

3,248 posts

Posted by Shootup > 2020-11-30 20:35 | Report Abuse

Tomolo big selling, i worry will follow to cut loss

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