Posted by MadCow75 > 2021-08-27 22:02 | Report Abuse

ok... wait to subscribe RI.... all talking shit like ti bai bilis, dun subscribe... let us get the excess...

Posted by MadCow75 > 2021-08-27 22:03 | Report Abuse

cutlang... sell to me 4sen... dun need to wait 3.5sen....

Posted by MZM2511 > 2021-08-27 22:34 | Report Abuse

-------- Kanger still pending approval from National Pharmaceutical Regulatory Agency (NPRA) for the import of vaccine.

Bermaksud, Kanger sepatutnya sudah buat permohonan kepada NPRA.
Adakah itu maksudnya?????

Posted by MZM2511 > 2021-08-27 22:49 | Report Abuse

GUYS, SORRY FOR KEEP RE POSTING THIS:

-----------------------

I WANT TO TEST MY SIMPLE THEORY OF THE RI EXERCISES ON KANGER:

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.


And:


I'm keep waiting for a good announcement from Kanger, BEFORE THE EX-DATE FOR THE RIGHT OR AT LEAST BEFORE THE ACCEPTANCE AND PAYMENT DATE FOR THE RIGHT ISSUE.

If there is any, its can be a catalyst for the price to be pushed up. The current price later should be push up to the higher level to make sure that the RI will be a success.

Take a note that the issue price for the RI share is @ 6 sen per share.>>>>>>>>>>>>>>>>>


AFTER ALL. TAYOR

Posted by AlfI3 > 2021-08-28 07:10 | Report Abuse

@Peace99 & MZM2511, many thanks to those indepth info & views being shared generously.

As a newbies, it gave me a better understanding & paradigm shift to their cash call exercise to avoid being trapped by those conman companies in the volatile equity mkts

Posted by AlfI3 > 2021-08-28 07:13 | Report Abuse

@Peace99, I do enjoy much d idea you shared "for Kanger I can imagine staying in their Genting apt in a couple of years, enjoying well deserved cool holidays after the hardship we all facing now.....", may I kno wat is d relationship of Kanger to Genting apt?

Posted by AlfI3 > 2021-08-28 07:24 | Report Abuse

@Peace99, as for d info given; "like to clarify sth. For this RI, Mr Quah will undertake to subscribe based on his holding of 25mil shares But he has ~770mil shares due to the sung master acquisition. So together he has more to than 800mil shares?"

As apprvl yet to obtained frm NPRA, wud dere b likelihood the comp abort/call off d Sung Master acquisition after competed d RI exercise; like wat had happened in few glove manufacturing companies where dey aborted d project plans after raised d RI funds?

Hope my queries won't annoying you for my learning path....

Posted by MZM2511 > 2021-08-28 08:39 | Report Abuse

@Alf13.

Q1.
As apprvl yet to obtained frm NPRA

Answer 1:

Approval from NPRA is referred to a plan to distribute Sinopharm Covid-19 vaccine. Aproved or no approval by NPRA, it does not related to other plans.

Q2.
... wud dere b likelihood the comp abort/call off d Sung Master acquisition after competed d RI exercise

Answer 2:

Those two plans has different objectives.

a. RI exercises been setup among others to be used to finance the proposed acquisition of
126 units of proposed serviced apartments located in Genting Highlands and the group's new construction business.

Source: https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3166029

b. Sung Master acquisition will be satisfied via cash, an allotment and issuance of a number of new shares to Sung Master and proposed subscription of a number of new shares by Mr Kuah Choon Ching.

Source: https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3174495

Conclusions:

1. The success of the Sinopharm Covid-19 vaccine distributorship plan will be subjected to NPRA's approval, and not related to the success of their RI exercises.

2. The failures of their RI exercises will only affect their related plans, especially the plan to acquire the proposed acquisition of Genting Highland appartments.

3. I think, as the proposed Sung Master acquisition has been approved in EGM and the sources of financing for the plan is not from the RI exercises, therefore the risks for the plan to be terminated is small.

After all, TAYOR.

Posted by Patience99 > 2021-08-28 09:13 | Report Abuse

We kanger retailer investors shd feel very grateful especially MZM2511 for all the useful facts and informations whenever we in doubts

Posted by Peace99 > 2021-08-28 09:17 | Report Abuse

@AlfI3, I agree with MZM and hope it clarifies. MZM, thanks for providing big help to the genuine investors here, as Kanger is executing several major plans concurrently and can come across as confusing to busy/new investors.

Posted by Peace99 > 2021-08-28 09:43 | Report Abuse

@MadCow75 I will also subscribe the rights! I want to subscribe not just because it is good discount, BUT more importantly my money will go to fund the Genting project.

I think i see one important point and see if Bros here agree or not.
The point is if we subscribe to RI, we get a better deal than the Director Quah if we consider also Sung Master deal for him.
How? For the RI now, for 6 sens, you get one share and one warrant.
But, in the Sung Master deal Quah will subscribe 770mil shares at 6 sen a share, no warrant. So, we get one warrant extra compare to him, so in this sense we are getting a better deal than Quah.
(Of course, for the RI alone, without the Sung Master deal, Quah gets the same deal as us: one share and one warrant at 6 sen)

Isn't it interesting that retailers getting better deal than a major shareholder, even for just one time?

Posted by Peace99 > 2021-08-28 09:54 | Report Abuse

@MZM ......Bermaksud, Kanger sepatutnya sudah buat permohonan kepada NPRA.
Adakah itu maksudnya?????

Kanger mestilah sudah memohon, baru bolih kata tunggu durian jatuh mah :)

Posted by Peace99 > 2021-08-28 10:00 | Report Abuse

@AlfI3 i think we crossed path before and you clarified sth for me.....great to be able to learn from each other in i3

Posted by Peace99 > 2021-08-28 10:27 | Report Abuse

@MZM Oh, come to think of it "waiting for NPRA's approval" is not necessarily negative.....it can be considered positive because this means it has submitted application ..... and so there is chance of getting approval

Posted by MadCow75 > 2021-08-28 11:34 | Report Abuse

is time to wait subscribe....

Posted by Patience99 > 2021-08-28 11:47 | Report Abuse

Country like Singapore help, encourage private sectors to secure vaccines to run parallel with govt but in bolehland seem to make it so difficult but easy for GLC . Hope will be successful in vaccines business

Posted by MadCow75 > 2021-08-28 13:22 | Report Abuse

as u see, y we even worst then indonesia... lousi gang... now become lousi gang v1.1.. not even ugrade to version 2... only little fix....

Posted by MadCow75 > 2021-08-28 13:22 | Report Abuse

just hope lar... for our young kids...

Posted by AlfI3 > 2021-08-28 16:48 | Report Abuse

Appreciate very much to MZM & Peace99 for d efforts to clarify the matter. So tat, as a newbies, can follow thru d explaination & sharings in dis forum more clearly.

Wish all of us could make wiser decision to invest, instead of getting our funds trapped

Posted by tklim > 2021-08-28 18:31 | Report Abuse

Posted by tklim > Aug 26, 2021 11:04 AM | Report Abuse X

I played this counter...bought it at 0.04.....SOLD it at 0.24.....now wait for 0.005......

==============================================================

tklim I TOLD YOU!!!!! BEWARE!!!!

===============================

Stock: [KANGER]: KANGER INTERNATIONAL BHD

Aug 13, 2021 4:37 PM | Report Abuse

SELL 0.06

Target1: 0.05
Target2: 0.04
Target3: 0.02
Target4: 0
26/08/2021 9:22 AM

Posted by Peace99 > 2021-08-28 19:43 | Report Abuse

@tklim

Took a quick look at your postings, you listed many target prices and gave many predictions on prices.

On 2 June 2021 you wrote for Kanger: 0.03 SEN coming.....Floor price 0.005

On 14 Sept 2020, you said you have checked out...

So, I hope you are not one of those who want to join back but unwilling to pay the market price, even you sold at 0.24.....

Posted by serikaya > 2021-08-28 21:33 | Report Abuse

https://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=24766

Posted by Peace99 > 2021-08-28 21:49 | Report Abuse

https://www.straitstimes.com/singapore/health/first-batch-of-sinopharm-covid-19-vaccines-available-from-aug-30

Posted by rr1688 > 2021-08-28 23:12 | Report Abuse

congrats to BONNIE BUNYAU GUSTIN...GOLD is coming...MALAYSIA BOLEH...KANGER BOLEH...

Posted by dem777 > 2021-08-29 00:32 | Report Abuse

CON COUNTER. Look at all their counters in the list of 20+ counters, same modus operandi. Pump & Dump then RI with free warrants before that share consolidation. All will be losing their pants................ KARMA will haunt back all these syndicates and their families for cheating innocent investors

Posted by Peace99 > 2021-08-29 08:23 | Report Abuse

dem777, not saying you are wrong....but if you're right about Kanger, then can you please kindly tell me how expensive is Director Quah's pant?

Posted by Peace99 > 2021-08-29 08:26 | Report Abuse

dem777, asking about Kanger as this is Kanger's forum!

Posted by Patience99 > 2021-08-29 11:04 | Report Abuse

@dem777 do understand the lost of nearly 80 percent for some retailers of kanger shares. Almost all lost money and force sell last few days for Those can’t afford RI. Hope those still holding will get better going forward. Hope patience pay off

Posted by MadCow75 > 2021-08-29 13:54 |

Post removed.Why?

Posted by MadCow75 > 2021-08-29 15:13 |

Post removed.Why?

Posted by BilisMasin > 2021-08-29 23:14 | Report Abuse

Sudah2 la kena kencing dgn kanger
Nak kena kencing berapa kali baru sedar diri

Posted by BilisMasin > 2021-08-30 00:16 | Report Abuse

BCMALL
Right issue 0.08
Esok listing
Tapi harga jumaat dah 0.065
Masuk2 listing terus rugi teruk subscriber semua
Kahkahkahkah

Posted by Peace99 > 2021-08-30 07:59 | Report Abuse

That's why need to look at each company on its own

Posted by rr1688 > 2021-08-30 09:09 | Report Abuse

croatia REAL ESTATE is UP with swarming tourists...guided tours are fully booked...airbnb is most influential REAL ESTATE company ever...KANGER is in REAL ESTATE now...airbnb target price usd210...KANGER target price usd21...

Posted by whistlebower99 > 2021-08-30 09:14 | Report Abuse

FOR NEW NEWBIES

Ex-date = 27 Aug 2021
Ex-Price = 0.05

Price per rights share = 0.06

==========================

Trading Rights (OR) = 01 Sep 2021 - 7 Sep 2021

Acceptance and Payment = 15 Sep 2021 05:00 PM
Date for announcement of final subscription result 23 Sep 2021

Listing Date = 30 Sep 2021

You can roughly gauge retailers response to rights issue application when the OR is traded from 1/9 - 7/9

Current Total issued share = 2,796,130,182

Assuming RI is fully subscribed,
total issued shares = 5,592,260,364
New WB = 2,796,130,182


=======================================
If full subscribed , total amount raised = RM167,767,810

If under-subscribed, minimum amount needed to be raised = RM20 million

TAKE NOTE :

The Proposed Rights Issue with Warrants will be undertaken on a Minimum Subscription Level, after taking into consideration the minimum level of funds we intend to raise amounting to RM20.00 million, which would entail a minimum subscription of 333,333,334 Rights Shares based on the issue price of RM0.06 per Rights Share.

In order to meet the Minimum Subscription Level, the Undertaking Shareholder had provided his irrevocable and unconditional undertaking to subscribe for his entitlement in full of the Rights Shares and additional Rights Shares not taken up by other Entitled Shareholders and/ or their renouncee(s) by way of excess application, if necessary, to the extent such that the Minimum Subscription Level is met.

=========================================

If price stays below 0.06, KANGER-OR will be like LAMBO-OR trading at 0.005 seller price.

Watch out for these date :

Trading Rights (OR) = 01 Sep 2021 - 7 Sep 2021

========================================================

TAYOR

Posted by MZM2511 > 2021-08-30 09:42 | Report Abuse

@Alf13.

Q1.
As apprvl yet to obtained frm NPRA

Answer 1:

Approval from NPRA is referred to a plan to distribute Sinopharm Covid-19 vaccine. Aproved or no approval by NPRA, it does not related to other plans.

Q2.
... wud dere b likelihood the comp abort/call off d Sung Master acquisition after competed d RI exercise

Answer 2:

Those two plans has different objectives.

a. RI exercises been setup among others to be used to finance the proposed acquisition of
126 units of proposed serviced apartments located in Genting Highlands and the group's new construction business.

Source: https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3166029

b. Sung Master acquisition will be satisfied via cash, an allotment and issuance of a number of new shares to Sung Master and proposed subscription of a number of new shares by Mr Kuah Choon Ching.

Source: https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3174495

Conclusions:

1. The success of the Sinopharm Covid-19 vaccine distributorship plan will be subjected to NPRA's approval, and not related to the success of their RI exercises.

2. The failures of their RI exercises will only affect their related plans, especially the plan to acquire the proposed acquisition of Genting Highland appartments.

3. I think, as the proposed Sung Master acquisition has been approved in EGM and the sources of financing for the plan is not from the RI exercises, therefore the risks for the plan to be terminated is small.

After all, TAYOR.

Posted by Peace99 > 2021-08-30 09:47 | Report Abuse

@tklim, still waiting for your response.
@rr1688, I'm confident of the success of Kanger's RI. Yup, looking forward to staying in Kanger's apartment at Genting for my future holidays!

Posted by MadCow75 > 2021-08-30 09:58 |

Post removed.Why?

Posted by whistlebower99 > 2021-08-30 10:00 | Report Abuse

How do you define success for Kanger's RI ?

=================================
The Proposed Rights Issue with Warrants will be undertaken on a Minimum Subscription Level, after taking into consideration the minimum level of funds we intend to raise amounting to RM20.00 million, which would entail a minimum subscription of 333,333,334 Rights Shares based on the issue price of RM0.06 per Rights Share.

===================================
The director, Mr Kuah has given his undertaking of the above.

If the director subscribes for most of the rights issue to pay for the fund raising, he is showing other shareholders of his confidence in the future of Kanger.

It will good for all to move forward.

==================================

TAYOR

Posted by Peace99 > 2021-08-30 10:32 | Report Abuse

@Whistlebower99, instead of your usual hallmark of just issuing a general statement of caution, you're giving info specific to Kanger.... Really appreciate your effort, thank you!

Posted by Peace99 > 2021-08-30 10:33 | Report Abuse

In my humble opinion, the RI will be over subscribed

Posted by Peace99 > 2021-08-30 10:44 | Report Abuse

Genting is up, a reflection of the draw of the resort. Where tourists going to stay in Genting? Camping?

Posted by MZM2511 > 2021-08-30 10:53 | Report Abuse

GUYS, SORRY FOR KEEP RE POSTING THIS:

-----------------------

I WANT TO TEST MY SIMPLE THEORY OF THE RI EXERCISES ON KANGER:

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.


And:


I'm keep waiting for a good announcement from Kanger, BEFORE THE EX-DATE FOR THE RIGHT OR AT LEAST BEFORE THE ACCEPTANCE AND PAYMENT DATE FOR THE RIGHT ISSUE.

If there is any, its can be a catalyst for the price to be pushed up. The current price later should be push up to the higher level to make sure that the RI will be a success.

Take a note that the issue price for the RI share is @ 6 sen per share.>>>>>>>>>>>>>>>>>


AFTER ALL. TAYOR

Posted by BilisMasin > 2021-08-30 11:43 | Report Abuse

Right issue mesti gagal
Benda boleh beli lagi murah dari harga right issue
Free warrant ? Konfem out of money nak convert pun tak guna rugi saje

Posted by dem777 > 2021-08-30 11:43 | Report Abuse

MZM2511 i agree what you said be be mindful that this CONMEN SYNDICATES will buy the RIs and push up the Warrants after being listed, leaving those who bought the mother share in expectation price will go beyond 0.06 DOOMED. All ts CONMEN are very well orchestrated and dont be surprised "their agents" are also in this forum to deceive others!

Posted by dem777 > 2021-08-30 11:48 | Report Abuse

All the monies collected here will be siphoned out to their unlisted companies in the pretext of doing business. Read well who (politically linked) are behind the scene of these CON COUNTERS!!! All of them will be wiped out come GE15!

Posted by alex > 2021-08-30 12:56 | Report Abuse

5.5b shares.. beware consolidation 1:10 anytime.. 0.05 to 0.5 then throw back to 0.05 again.. sanichi as reference..

Posted by rr1688 > 2021-08-30 13:30 | Report Abuse

congrats...to JONG YEE KHIE for world class performance...MALAYSIA BOLEH...KANGER BOLEH...

Posted by MZM2511 > 2021-08-30 13:35 | Report Abuse

@alex.

Why so afraid of a company with billions shares?

Look at Hong Seng, it NOSH is 2.457 bil but its price is @RM1.81.
For MY E.G, its NOSH will be 8 bil + after Bonus issue. Currently, MY E.G NOSH is 3.772 bil but its share price is @RM1.89.

Therefore, the most important aspects to be look at Kanger should be the company's ability to improve its businesses, profitability and FA conditions.

If the company has a bright prospects because of exercising plans of businesses by uplifting the NOSH via right issue of shares, I think it's a good move done by the company.

Furthermore, please do not compare certain company with different management and different problem with ALMOST ALL the companies in FINTEC group...

Posted by Peace99 > 2021-08-30 14:05 | Report Abuse

@dem777, still waiting for your answer, but meanwhile can you tell me if the money collected go elsewhere, then how will the genting apts be paid? I might be wrong, but it seems to me you have very little idea what's going on.....