forum is a place for all to voice up their opinions. no one can say this forum belong to them just bcos they have interest owning kanger shares. why forum end up quarrel is bcos 2 parties not agree with each other. no doubt promoters want the share price to go up doesnt mean the forum belong to them. this is public forum. correct?
bamboo is usd100bil business waiting for kanger to tap into it. it is so attractive. kanger plant worth rm100mil started production already. why you all keep talking vaccine so small value and flooded the forum with rubbish lah. correct?
more or less, that buahciko dragonslayer kena banned by Admin bec he mess up Lambo for a long time with long long posts of list of Account and said they were me. I dont buy Kanger, wish you all good luck.
I am more interested in Blue chips call warrants, FIFO make quick money. I very scare of stock market bubble burst, have to be very alert.
told you already. dont flood vaccine articles with so small value one at here lah. some more you all everyday quarrel about who is right or who is wrong with vaccine articles are blocking bamboo articles. how ppl know bamboo market worth usd100bil every year lah. why bother vaccine market out of 40% Msia market only. not one kanger vaccine will be approved also. have so many players up to 12 players want this tiny market. worth or not? correct?
@Bigbladd, that is one of the risk dalam keadaan sekarang. 2nd is a bubble burst sebab indeks at the high level tp untuk kanger my 2cent opinion, it will not affected so much, low risk. Kanger bukan blue chip pun, hihihi
++++++++++++++ Posted by UlarSawa > Dec 11, 2020 11:19 PM | Report Abuse
bamboo is usd100bil business waiting for kanger to tap into it. it is so attractive. kanger plant worth rm100mil started production already. why you all keep talking vaccine so small value and flooded the forum with rubbish lah. correct?
Any way tidak salah untuk memilih untuk berhati2, secure yr capital n profit, jgn bg market makan. Makin lama makin sayang sama ini kura2 kanger. Sooner to sleep well on the bamboo flooring
so kanger future are very bright. All the kanger potential businesses revealed for all potential investors. correct?
future potential business beyond 2021
bamboo eco-tourism bamboo foodstuff bamboo other by-products
Posted by my2020 > Dec 8, 2020 10:44 PM | Report Abuse
next year prospects: 1. higher income from bamboo flooring rmb200mil per annum up to rmb800 for 3 yrs 2. glove. 1bil unit per annum 3. rental rm11 mil per annum for 10 yrs 4. vaccine unknown qty 5. sand export unlimited qty? 6. nanotech anti covid coating solution
dont forget on top of bamboo new plant start production with target rmb200mil per annum. rmb800mil for 3 years under phase one. Hotel rental collection worth rm11 mil per annum. like this add more glove revenue if Q1 really start production as plan. Kanger will be able to turn around lah. If lah. all are according to schedule plan lah. correct?
future kanger eco-tourism will add more bamboo products for sales in the gallery beside foodstuff made from bamboo. Kanger new plant will be the one stop tourist spot promoting bamboo products to tourists. Maybe one day you may be visiting Kanger plant and be proud you are the shareholder of kanger. correct?
Can check the comments history here how mr moron used dick word to other people who gave opposite direction,which is so far is correct.Then only can understand why I'm using moron to him.He only bought and shouting and barking at Kanger.While i gave opinion mostly technical direction at more than 20 counters in order to avoid people buying at wrong counter and buy at a good counter at a right time and it was 90% correct.Can check thoroughly all my comments history. I dont like people like him.Talk without knowledge.Sharing news everywhere to attract newbies burn money. Comments history me and him will prove who is real culprits.
2) The Group (Kanger Group) being the sole exclusive distributor in the China for "Classen", a brand of a high-end wood flooring products originated from Germany, and will continue to focus its efforts to promote and sell Classen's products.
With rising acceptance of the Classen brand in China, Kanger was recently presented with the Excellence Award for Best Supplier to the Chinese Bed & Breakfast Industry at the 2019 International B&B Industry Development Forum and the 2019-2020 Illustrious Brand award by the China Renovation & Construction Alliance.
Sales of Classen products have been encouraging and proved to be a good complement to the group, generating revenue to the group whilst the group scaled down its production of in-house bamboo products to make way for the relocation exercise of the bamboo plant.
3) Kanger International Bhd has completed the development of AutoCity and Kyriad Hotel in China worth RM500 million collectively. In March, Kanger had secured 10-year lease agreements for AutoCity and Kyriad Hotel.
6) Kanger invests RM77mil on glove factory (Not sure what is the latest status of this glove factory) The group will invest RM77 million to set up the plant in Ijok, Selangor, and produce at least one billion pieces of gloves per annum.
Wu has said the group is targeting to start full production in the first quarter of 2021 as there are pipeline orders in the Middle East.
It was reported that Kanger will invest RM77 million to set up a glove manufacturing plant in Ijok, Selangor next year. It will acquire five acres in Ijok for RM6.8 million through its wholly owned unit Kanger Glove Manufacturing Sdn Bhd. Kanger Glove will spend about RM70 million to build the plant and install 8 production lines to produce medical, surgical and/or nitrile gloves for the Middle East region.
The 8 production lines are expected to produce at least one billion pieces of gloves per annum. In a filing with Bursa Malaysia in August, Kanger had said that a substantial proportion of the total output of the production will be sold to Dubai-based Constellation Holdings Ltd (CHL).
@jutawansenyap Yes you are a complete DICKHEAD hahaha The feeling is mutual. I do not like moronic people like you either who talk cock all the time. Not sure if you realized but nobody here gives a shit what you have to say so you can swallow back that shit spewing out from your mouth. You are like talking to the wall here hahahaha
jus-aqua... can get loss?? why dont u get loss.. if u not welcome here... or u dun like anyone here... as i say, u had juta juta... u can do FB live or free class to teach ppl... this forum nothing impact, even u shout and shout here....
Read the writeup below posted on the Malaysian Investment Development Authority (MIDA) official website dated 8 September 2020 for more detailed information regarding the potential expansion and diversification of the core bamboo business of Kanger. This core bamboo business is a CASH COW...
The Malaysian Investment Development Authority (MIDA) is a government agency under the Ministry of International Trade and Industry (MITI), Malaysia.
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Kanger International poised to be world’s largest producer of bamboo products
Kanger International Berhad is closer to its aim of becoming the world’s largest producer of bamboo products when its new bamboo processing plant and R&D centre in Jingzhou, China goes into full production in the fourth quarter of 2020 Kanger International Berhad is closer to its aim of becoming the world’s largest producer of bamboo products when its new bamboo processing plant and R&D centre in Jingzhou, China goes into full production in the fourth quarter of 2020.
The company, listed on the ACE Market of Bursa Malaysia Securities Berhad, has been in the bamboo processing business the last 16 years.
The new factory and R&D centre is part of a public private arrangement with the local Jingzhou government on a 70:30 basis, and was built at a total investment cost of RM121 million.
Kanger’s executive director Steven Kuah Choon Ching said, “Armed with the support from our strategic partner, the local government of Jingzhou, we are in a strong position to significantly upscale our bamboo processing business to become one of the world’s largest integrated bamboo producers in the world with both upstream (plantation) and downstream (processing, manufacturing and distribution) capabilities.
“The commencement of our new plant represents a key turning point for the Group. One major advantage of relocating our bamboo plant to Jingzhou is the ready availability of raw bamboo there. By partnering with the Jingzhou government, they will inject a bamboo plantation concession totalling an estimated 20,833 acres over three phases.
“The ready-to-harvest raw bamboo surrounding the plant will serve as a steady source of raw material supply in the production of bamboo products and acts as the key factor in the upscaling of our own bamboo products segment. By being less reliant on external supply sources in producing bamboo products, this would prevent us from facing problems such as supply shortages and sudden price hikes which could have material effects on the cost of raw material and our profitability.”
Market research estimated the value of the global bamboo market at US$68.8 billion (RM286 billion) in 2018. Worldwide, bamboo is fast gaining recognition as a sustainable building material source and a “greener” substitute for wood-based products.
Kanger will focus not only on manufacturing bamboo products but also the processing of bamboo related foodstuff and bamboo eco-tourism. This will attract more tourists to Jingzhou and encourage the setting up of more bamboo related businesses among the villagers.
Kuah said Kanger, backed by a healthy cash flow generated by its China operations, will also be establishing new revenue streams in Malaysia.
It recently purchased a parcel of land in Kuala Selangor for RM6.8 million.
Another writeup on Kanger regarding their plant to venture into glove sector.
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Kanger seals deal to venture into glove sector
Kanger International Bhd, which diversified into property investment and management to reduce its sole reliance on its current core business, may venture into medical examination gloves operations Kanger International Bhd, which diversified into property investment and management to reduce its sole reliance on its current core business, may venture into medical examination gloves operations.
The company today said it had received a formal expression of interest (EOI) from a company in Dubai to set up a medical examination gloves operations in Malaysia.
In a filing with Bursa Malaysia, Kanger said it had received the EOI, dated August 9 from Constellation Holdings Ltd.
Constellation is the appointed procurement agent for personal protective equipment, medical equipment and supplies for the Ministry of Health & Prevention of the United Arab Emirates, and other countries in the Middle Eastern region.
The EOI expresses Constellation's intention to collaborate with Kanger through several options.
This includes direct equity participation by forming a joint-venture entity, and/or indirect equity holding in the glove manufacturing operations via investment into Kanger through a private placement exercise.
Kanger said the private placement would result in Constellation becoming a substantial shareholder in it.
"The board is considering the proposals set forth in the EOI and will continue to engage with Constellation to achieve an outcome that is in the best interest of the company and all stakeholders," it said.
Kanger, which manufactures bamboo wood products, has been seeking to diversify its income stream.
In March, the company announced that it had secured 10-year lease agreements for two of its commercial buildings located within the Ganzhou Economic and Technological Development Zone in Ganzhou city, China.
Kanger is leasing AutoCity, a purpose-built six-storey building with a net lettable area (NLA) of 493,062 sq ft, and a 19-storey hotel with an NLA of 190,715 sq ft.
The two properties are owned by Kanger's indirect wholly-owned subsidiary Ganzhou Kanger Industrial Co Ltd.
---------------------- Kanger poised to become top global manufacturer of bamboo products ACE Market-listed Kanger International Bhd is poised to become the world’s top manufacturer of bamboo products, thanks to its 70:30 collaboration with the Jingzhou local government in the Hunan Province, China ACE Market-listed Kanger International Bhd is poised to become the world’s top manufacturer of bamboo products, thanks to its 70:30 collaboration with the Jingzhou local government in the Hunan Province, China.
Newly-appointed executive director Steven Kuah Choon Ching said testing works are being carried out at its new RM121 million plant in Jingzhou, with full commercial production set to commence in the fourth quarter of this year.
“We are in a strong position to significantly upscale our bamboo processing business to become one of the world’s largest integrated bamboo producers in the world, with both upstream (plantation) and downstream (processing, manufacturing and distribution) capabilities,” he said in a statement today.
Equipped with a research and development centre, the Jingzhou facility has adopted the latest modern processing methods capable of processing raw bamboo into a wide variety of products such as bamboo furniture, flooring and building materials.
Kuah said the Jingzhou government is injecting into the private-public partnership a bamboo plantation concession, with a total coverage area of approximately 8,430.81 hectares over three phases, beginning with an initial 2,428.11 hectares of fully matured bamboo.
The company estimated that it would take up to three years to process all of the ready-to-harvest raw bamboos into bamboo flooring, furniture and building materials, which could potentially generate a total revenue of 800 million Chinese renminbi (1 renminbi=RM0.61) over the three-year period.
“Kanger’s market research estimates the value of the global bamboo market at US$68.8 billion (RM288.8 billion) in 2018, given that it is widely used to make furniture, sculptures, floorings and walls in hotels and resorts all over the world,” it said.
To support this venture, Kuah said Kanger has established a large distribution network of over 100 dealer stores across China, implementing online-to-offline marketing and delivery channels as well as having its presence in a number of online platforms, including JD.com, Alibaba’s Taobao and WeChat.
“To grow the export market, Kanger will be opening new international showrooms in Asia, the Middle East, Europe and North America,” he said.
In Malaysia, Kanger has set its sights on establishing new revenue streams with the recent purchase of a parcel of land measuring 2.22 hectares in Kuala Selangor for RM6.8 million.
“The group is actively looking out for strategic opportunities with attractive prospects to invest in,” added Kuah.
Kanger International Bhd also unveiled that it had received a formal expression of interest from Dubai-based Constellation Holdings Ltd (a procurement agent for PPE and medical equipment to the United Arab Emirates' Ministry of Health and Prevention). Kanger said Constellation was willing to collaborate either through: direct equity participation, such as a JV; or indirect equity holdings via an investment in Kanger, whereby the Emirati company becomes a substantial shareholder through a private placement.
"River sand is a widely used construction material and is in short supply in China and Hong Kong due to the rapid pace of construction and reclamation works there," he said in a statement today.
Information below is from the Malaysian Rubber Council (MRC) website.
The Malaysian Rubber Council (MRC) was incorporated on 14 April 2000 under the Companies Act 1965 as a company limited by guarantee under the Ministry of Plantation Industries and Commodities (MPIC).
MRC is governed by a Board of Trustees appointed by the Minister of Plantation Industries and Commodities. MRC is tasked with undertaking market promotion of quality Malaysian rubber products in world markets, and supports small and medium enterprises (SMEs) through domestic promotion efforts.
------------- Kanger to Build Glove Plant for Exports
Kanger International Bhd will invest RM77 million to set up a glove manufacturing plant in Ijok, Selangor as early as next year and export the output to the Arab region. Kanger will acquire five acres in Ijok for RM6.8 million through its wholly owned Kanger Glove Manufacturing Sdn Bhd. Kanger Glove will spend about RM70 million to build the plant and install up to eight production lines to produce medical, surgical and/or nitrile gloves.
Is Constellation Holdings Ltd the 3rd party investor of the private placement shares ?
---------------------
In a statement yesterday, Kanger International Bhd said it had received a formal expression of interest (EOI) letter from Dubai firm Constellation Holdings Ltd to set up medical examination gloves operations in Malaysia.
Constellation is the appointed procurement agent for personal protective equipment (PPE), medical equipment and supplies for the United Arab Emirates’ Ministry of Health and Prevention, as well as other Middle Eastern countries.
The group proposes to collaborate via direct equity participation in a joint-venture (JV) entity and/or indirect equity holding in the glove manufacturing operations via investment into Kanger through a PRIVATE PLACEMENT EXCERCISE, whereby Constellation will seek to become a substantial shareholder of Kanger.
Kanger ED Joseph Wu Wai Kong said the medical gloves factory will be established locally due to easy access to raw materials, manpower, technical know-how and management experience.
“By collaborating with a major medical buyer representing governments in the Middle Eastern region, we would be able to tap into their wide customer network to secure long-term supply agreements,” he added.
MOH staff. so hard working did R&D on kanger potential businesses and write up until so late. ypu didnt sleep kah. Your sacrifices will be rewarded soon. non investors and naysayers will be regretted soon. Next week kanger fly kah. correct?
Whatever. Finally mr moron found kanger glove story.The price is confirm downtrend.Sooner or later both of you will cutloss.Congrats who cutloss early.kekekeke.
short term base on vaccine is not going to work look at longer period as bamboo business is usd100bil potential market where kanger is all about. correct?
vaccine have 12 potential players so far in msia. 5 of them are pharmacy companies. how to get 6mil customers per player. forget about vaccine. not going to have impact as one off item only. correct?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
BigBladd
268 posts
Posted by BigBladd > 2020-12-11 23:13 | Report Abuse
Check with the chairman