KANGER INTERNATIONAL BERHAD

KLSE (MYR): KANGER (0170)

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Last Price

0.05

Today's Change

0.00 (0.00%)

Day's Change

0.045 - 0.05

Trading Volume

399,100


15 people like this.

32,325 comment(s). Last comment by OKU_2020 5 days ago

CatRebound

216 posts

Posted by CatRebound > 2021-06-28 15:05 | Report Abuse

tunggu 0.010 klu boleh...

BilisMasin

965 posts

Posted by BilisMasin > 2021-06-28 15:07 | Report Abuse

passed all. detail of the EG u may join telegram group @kangerbhd

18KHarmoni

803 posts

Posted by 18KHarmoni > 2021-06-28 16:17 | Report Abuse

Fly kepala toya ko

davidts95

253 posts

Posted by davidts95 > 2021-06-28 16:28 | Report Abuse

All price drop, kanger stand strong ?
lol. Meanwhile I think only can goreng vaccine stock ?

18KHarmoni

803 posts

Posted by 18KHarmoni > 2021-06-28 16:39 |

Post removed.Why?

zamriia

89 posts

Posted by zamriia > 2021-06-28 17:00 | Report Abuse

tunggu qtr report keluar...

moornaga

57 posts

Posted by moornaga > 2021-06-28 18:05 | Report Abuse

Kanger don't just bring in China vaccine. Iran and Cuba olso have power coronavirus vaccine

MadCow75

3,091 posts

Posted by MadCow75 > 2021-06-28 21:49 | Report Abuse

ikan bibilis say bye, but y still here??? dah jadi hantu bilis????

hlh1962

103 posts

Posted by hlh1962 > 2021-06-28 21:57 | Report Abuse

No need complain kanger if compare to serbadk , kpower or scib. No need to sell underwear . Still can eat Maggie Mee . Hope when vaccine successful can eat lobsters for all my kanger brothers and sisters. Happy trading

MadCow75

3,091 posts

Posted by MadCow75 > 2021-06-28 22:06 | Report Abuse

tat y.. some langpar ppl here so nice, tell ppl this pang par that pang par... but dunno he got hold any kanger share... very famous lang par ikan bilis... our lang par hero!!!

MadCow75

3,091 posts

Posted by MadCow75 > 2021-06-28 22:08 |

Post removed.Why?

obakh222

398 posts

Posted by obakh222 > 2021-06-29 09:11 | Report Abuse

What?? this olso scam company?

Bemillion

1,968 posts

Posted by Bemillion > 2021-06-29 12:28 | Report Abuse

Ayaaaaaa gone

MZM2511

4,548 posts

Posted by MZM2511 > 2021-06-29 14:33 | Report Abuse

The company announced that the Board had on 26 April 2021 ("Price-Fixing Date") resolved to fix the issue price of the Rights Shares at RM0.06 per Rights Share ("Issue Price").

18KHarmoni

803 posts

Posted by 18KHarmoni > 2021-06-29 16:19 | Report Abuse

Wow sudah 5 hengget setengah ke, kah kah kah kah, vaksin.... Vaksin

MadCow75

3,091 posts

Posted by MadCow75 > 2021-06-29 20:49 | Report Abuse

wow 18k again... wow again.. wow dah 6 sen... wow 18 ki ho lang kan...

MZM2511

4,548 posts

Posted by MZM2511 > 2021-06-29 22:35 | Report Abuse

JUST A THEORY TO SHARE

But as I looked at certain companies before, after the company approved the RI and setup the issue price for RI, the share price firstly will drop.

But near the date of the RI to be executed, the price will be markup higher than the issue price of the RI.

These scenario surely not be absolutely will happen to Kanger, but it has high chance or probability to follow suit.

AFTER ALL. TAYOR.

NicmannNg

310 posts

Posted by NicmannNg > 2021-06-29 23:34 | Report Abuse

tomorrow QR out, sure go holland

MZM2511

4,548 posts

Posted by MZM2511 > 2021-06-29 23:51 | Report Abuse

The incoming 5QR 2021 should be released on the end of July 2021. The 5QR 2021 will reports the results of businesses activities from 1 January 2021 up to 31 March 2021.

Please be noted that Kanger has approved the change of financial year end from 31 Dec 2020 to 31 Mar 2021. Therefore, the first set of accounts after the change shall be for a period of 15 months from 1 Jan 2020 to 31 Mar 2021. That means, the last quarterly report for financial year end of 31 March 2021 should be referred to the 5QR 2021.

JUST TO GIVE SOME EXPECTATION FROM MY LITTLE OBSERVATION ON THEIR LAST QUARTERLY REPORT WHICH IS 4QR 2021 which was reported on 31 March 2021.

1. I noticed that all the revenue of the company for the last QR was derived only from the bamboo flooring and related goods businesses. There are no another substantial source of revenue.

2. Their sales mainly derived from the Republic of China market, without any sales from the regular markets outside China, such as Malaysia, New Zealand, Mexico, United Arab Emirates and other countries. This happened caused by the Covid-19 pandemic.

3. The company’s sales was decreased mainly due to:

(a) minimal business operations were allowed in many countries as a result of government mandated lock downs due to the novel coronavirus or COVID-19 outbreak which has turned into a global pandemic hence less revenue was generated, although some of the countries have slowly resumed business activities; and

(b) relocation of our bamboo processing and manufacturing operations from Ganzhou, PRC to Jingzhou, PRC is still ongoing hence lesser revenue was contributed from the subsidiary in Ganzhou.

4. Prospects for the 5QR 2021 (financial period ending 31 March 2021) as reported by the company:

PRC’s strong economic growth has led to increasingly affluent consumers who now have the
purchasing power as well as the willingness to pay to enhance individual lifestyles for greater
comfort and pleasure. The modernisation and urbanisation of the country has also caused a
growth in PRC’s property construction industry, an industry that the bamboo flooring market is
dependent on for the consumption of its products. Under its 13th Fiver-Year Plan (2016 - 2020),
PRC aims to double its 2010 GDP and the 2010 per capita income of both urban and rural
residents by 2020 and will focus more on green and low-carbon industries. This is envisaged
to positively affect the bamboo flooring market. In addition, bamboo flooring products are
increasingly welcomed by the consumer due to merits like environmental friendliness and high
price-to-performance ratio.


5. My forecast for the company’s 5QR 2021 is, as the company sales for this quarter mainly focused on the Republic of China market, the revenues would be hardly to increase, therefore it will affect the company’s profitability. It’s good for the company if the company can show a little improvement in its revenue and reduces their net loss for this quarter report

18KHarmoni

803 posts

Posted by 18KHarmoni > 2021-06-29 23:53 |

Post removed.Why?

zamriia

89 posts

Posted by zamriia > 2021-06-30 08:59 | Report Abuse

any internal news on the gaskin approval by gov?

Bemillion

1,968 posts

Posted by Bemillion > 2021-06-30 09:48 | Report Abuse

Vacc??? Gone

18KHarmoni

803 posts

Posted by 18KHarmoni > 2021-06-30 11:07 | Report Abuse

Vacc tunggu tahun 2030 bro, hahahaha

MadCow75

3,091 posts

Posted by MadCow75 > 2021-06-30 17:31 | Report Abuse

18 ki ho lang kang... hahaha!!! vaccine at August... vaccine later inject kat 18 ki ho lang kang... trnsform to 14k... jialat...

BilisMasin

965 posts

Posted by BilisMasin > 2021-06-30 18:03 | Report Abuse

Kahkahkah

Net loss 16m

Swcm98

152 posts

Posted by Swcm98 > 2021-06-30 19:30 | Report Abuse

Revenue only 1mil??

NicmannNg

310 posts

Posted by NicmannNg > 2021-06-30 21:20 | Report Abuse

haha, laugh die ppl , revenue 1 mil

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-06-30 21:21 |

Post removed.Why?

aiman77

59 posts

Posted by aiman77 > 2021-06-30 21:22 | Report Abuse

Hahaha,everytime bilis try to pump up the price operator dump with big volume,mrmang kena scam lah bilis,somemore want to issue new share,nasib baik sudah cabut,goodluck

Posted by mo1malaysia > 2021-06-30 21:50 | Report Abuse

Revenue 1 mil, I think Village Park nasi lemak can do better than this.. Really laugh die everybody...

MadCow75

3,091 posts

Posted by MadCow75 > 2021-06-30 22:04 | Report Abuse

yalor 1mil... then very suprise??? bursa wo... lagi tak biasa... yo.. good qr or bad qr.. is matter??? did ever u see good qr company price can goreng up, or bad qr company price drop like hell???

MadCow75

3,091 posts

Posted by MadCow75 > 2021-06-30 22:05 | Report Abuse

then go sell nasi lemak, why still wan trade at bursa... waste ur time... sometime talk lang par also need use brain... no brain u r like roti canai...

Posted by mo1malaysia > 2021-06-30 22:39 | Report Abuse

haha lost alot? why so angry... Btw, i use brain.. Not like you use lanpar think... And why i dont sell nasi lemak, cuz i dont know how to cook.. as simple as that.. Focus so much on goreng only, hangus la u one day...

Posted by danieldestroyer > 2021-06-30 23:28 | Report Abuse

Yo guyz, bros & gals.. just want remind you to appreciate your money.. since I assume everyone here must have contributed some amount to this stock as an investor or trader.. hope the best for Kanger and maybe our precious money might appreciate too

hlh1962

103 posts

Posted by hlh1962 > 2021-06-30 23:39 | Report Abuse

Is it correct 1st quarter 1 million revenue only and 16 million loss? If correct I will stop topping up 0.05 and 0.06 . I am still collecting. Pls enlighten

Nam Uni

56 posts

Posted by Nam Uni > 2021-06-30 23:44 | Report Abuse

1million sales no surprise. boss asked to stop all useless bamboo biz and full force going into vaccine.

impairment loss on receiv is 49m. cash got 80m. what u scare.

that's all.

HAHA. Sounds like that fking fat guy.

hlh1962

103 posts

Posted by hlh1962 > 2021-07-01 08:19 | Report Abuse

Even domestic sale of bamboo products should be more than 1 million quarterly. Any idea on this historical low revenue and Hugh loss again?

MZM2511

4,548 posts

Posted by MZM2511 > 2021-07-01 08:37 | Report Abuse

Individual Quarter
Revenue dropped by RM10.2 million or 90% in the current financial quarter ended
31 March 2021 (“Q5 2021”) as compared to the corresponding quarter ended 31 March 2020
(“Q1 2020”) mainly due to:-

(a) minimal business operations were allowed in many countries as a result of overnment mandated lock downs due to the novel coronavirus or COVID-19 outbreak which has
turned into a global pandemic hence less revenue was generated, although some of the
countries have slowly resumed business activities coupled with the festive season
being The Chinese New Year where many business in the PRC were closed for the
celebration of the festival; and

(b) relocation of our bamboo processing and manufacturing operations from Ganzhou,
PRC to Jingzhou, PRC is still ongoing hence lesser revenue was contributed from the
subsidiary in Ganzhou.

The gross loss recorded in Q5 2021 as compared to gross profit recorded in Q1 2020 mainly
due to effort by the management to clear some of the old stocks hence higher discount was
given.

Overall, the Group recorded loss before taxation of RM16.4 million in Q5 2021 as compared
to loss before taxation of RM4.4 million in Q1 2020 mainly due to insufficient revenue
generated to defray the expenses, in particular the sale of strand woven bamboo flooring was
largely affected by the relocation of our bamboo processing and manufacturing operations
from Ganzhou, PRC to Jingzhou,

PRC. Furthermore, the Group also incurred some nonrecurring expenses such as bad debts written off of RM2.0 million, impairment loss on trade and other receivables of RM50.0 million, intangible assets written off of RM1.5 million, inventories written off of RM0.3 million and the share based payment of RM3.9 million in Q5 2021 although the impact of these expenses were mitigated by the recognition of the fair value gain on investment properties of RM46.0 million.

hlh1962

103 posts

Posted by hlh1962 > 2021-07-01 08:42 | Report Abuse

Mzm thanks for the reasons and facts loss

NicmannNg

310 posts

Posted by NicmannNg > 2021-07-01 08:43 | Report Abuse

today can get 0.04?

18KHarmoni

803 posts

Posted by 18KHarmoni > 2021-07-01 09:50 | Report Abuse

Jangan kan 4sen, tunggi lama sikit lagi 1 sen pun bolih dapat

moornaga

57 posts

Posted by moornaga > 2021-07-01 10:59 | Report Abuse

China vaccine getting bad name after Indonesia coronavirus spike. Indon use China vaccine

VOS26

25 posts

Posted by VOS26 > 2021-07-01 12:34 | Report Abuse

Sinopharm in the talk to be approved next monday :)))))

charlie chia

2,151 posts

Posted by charlie chia > 2021-07-01 13:00 | Report Abuse

Good timing for right issue

NicmannNg

310 posts

Posted by NicmannNg > 2021-07-01 13:50 | Report Abuse

waiting 0.055, why cant buy, sad

18KHarmoni

803 posts

Posted by 18KHarmoni > 2021-07-01 14:19 | Report Abuse

Hahaha. Talk kok since last year, hihihihi

VOS26

25 posts

Posted by VOS26 > 2021-07-01 15:00 | Report Abuse

Doesn’t make sense for someone who’s not confident on this particular stock to be at this particular counter bashing it. You’re not going to earn anything by doing that unless you’re planning to buy low by asking people to sell.

MadCow75

3,091 posts

Posted by MadCow75 > 2021-07-01 21:12 | Report Abuse

yalor use lang par to think... not ike u, lang par and brain also no had?? may be use nasi lemak to think...

BilisMasin

965 posts

Posted by BilisMasin > 2021-07-01 21:52 |

Post removed.Why?

18KHarmoni

803 posts

Posted by 18KHarmoni > 2021-07-01 23:30 |

Post removed.Why?

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