Posted by Sneakpeek > 2021-08-30 14:25 | Report Abuse

We want consol..we want consol

Posted by limyeesee > 2021-08-30 14:48 | Report Abuse

this news not so fresh. Look at this.
https://www.nst.com.my/business/2021/08/722649/kanger-ventures-manufacturing-sales-surgical-face-masks

Posted by limyeesee > 2021-08-30 14:49 | Report Abuse

Very premium feel ~~~~

Posted by lalazai9 > 2021-08-30 15:11 | Report Abuse

0.01 soon gg

Posted by ranacinggey > 2021-08-30 15:15 | Report Abuse

got news pun jatuh.....tought oledi singgettt

Posted by MCtrader > 2021-08-30 15:16 | Report Abuse

Kanger venture into mask business?

https://commonmask.co/

Posted by BilisMasin > 2021-08-30 15:28 | Report Abuse

Dia dah mula dah keluar news² lapuk walaupun tarikh news hari ni
Konon2 nak upkan price kasi laku RI
Kahkahkah

Last year sudah tipu investor nak buat Glove
Hari ni buat news mau venture buat face mask pulak

Kahkahkahkah

Posted by satriahijau > 2021-08-30 15:49 | Report Abuse

saham sprt x ada value bila terlalu banyak unit sahamya...boleh jadi lepas ni jadi 7bilion unit? news pun x mampu up harga...

Posted by BilisMasin > 2021-08-30 16:02 | Report Abuse

standy 0.045 coming

Posted by BilisMasin > 2021-08-30 16:11 | Report Abuse

Love your money
Dont fall in love with counter

Posted by BilisMasin > 2021-08-30 16:20 | Report Abuse

next wall 0.045 pulak nak kasi tumbang

kahkahkah

Posted by mo1malaysia > 2021-08-30 16:34 | Report Abuse

Alamak… Cannot say 6 cents counter already. Need to change my usual message. Need to change to 5 cents.

Posted by Peace99 > 2021-08-30 16:50 | Report Abuse

Sabar, it will go back up

Posted by dem777 > 2021-08-30 16:50 | Report Abuse

Now 0.045. Unscrupulous CONMEN.

Posted by BilisMasin > 2021-08-30 16:52 | Report Abuse

Kanger apa ?

KANGER INTER SCAM NATIONAL

Posted by dem777 > 2021-08-30 16:54 | Report Abuse

It’ll go to 0.015 sen and CONSOLIDATE AGAIN. Look at our Securities Commission, playing DEAF & MUTE!!

Posted by Peace99 > 2021-08-30 16:57 | Report Abuse

https://www.cbsnews.com/video/more-than-1000-americans-are-dying-from-covid-per-day/

Covid not leaving humanity anytime soon.....need to wear mask even after vaccination! So, I think Kanger Medical made the right decision.

Posted by Sneakpeek > 2021-08-30 16:58 | Report Abuse

Wah 0.045 already...congrats..achieved new milestone every month.

Posted by ranacinggey > 2021-08-30 16:59 | Report Abuse

singget!!!

Posted by dem777 > 2021-08-30 17:00 | Report Abuse

Next level is 0.035. Just look at the Q

Posted by Hitkau96 > 2021-08-30 17:03 |

Post removed.Why?

Posted by Hitkau96 > 2021-08-30 17:04 |

Post removed.Why?

Posted by Peace99 > 2021-08-30 17:06 | Report Abuse

In the cbs video, can see and feel the professionalism in the US hospitals, yet it's sad that the high number of deaths is returning....you can't go without masks!

Posted by Hitkau96 > 2021-08-30 17:07 |

Post removed.Why?

Posted by Sneakpeek > 2021-08-30 17:08 | Report Abuse

Kah..kah..wanna sell mask also need to pre-order? So exclusive eh..hahaha

Kanger better sell rojak..selling bamboo then glove then vaccine..now face mask pulak...i though face mask market saturated already but Kanger think differently..mgmt so clever..haha..

In the meanwhile shareholder red eye watching their share price keep dropping day by day

Posted by whistlebower99 > 2021-08-30 17:10 | Report Abuse

What is happening ?

Could be some unhappy substantial shareholders pushing down the price to make the director Mr Kuah as the sole contributor to pay for the fund raising of RM20 million required by the company.

(Mr Kuah has given his undertaking of subscribing a minimum of RM20 million)

This way, Mr Kuah will be more committed to bring in the profits to have a higher share price in near future.

At this price, the OR will be like LAMBO-OR trading at 0.005 seller price

Retailers could wait for the Date for announcement of final subscription result on 23 Sep 2021
to have a clearer picture

TAYOR

Posted by BilisMasin > 2021-08-30 17:16 | Report Abuse

keluar news kasi tau pending NPRA, exclusive distributor for Sabah Sinopharm ----- tak ada orang ambil kisah lagi

keluar news jual 4ply premium face mask ------ orang sudah meluat, sell off semua shares

kahkahkah

KANGER INTERSCAMNATIONAL

Posted by Sneakpeek > 2021-08-30 17:21 | Report Abuse

Sabah got Cansino already..they won't need sinopharm so soon.

Posted by Noobie123 > 2021-08-30 17:34 | Report Abuse

August 2020 - 0.33 sen.
August 2021 - 0.045 sen

Posted by MadCow75 > 2021-08-30 17:44 |

Post removed.Why?

Posted by MZM2511 > 2021-08-30 18:13 | Report Abuse

The prospectus for the RI.

https://www.bursamalaysia.com/market_information/equities_prices?keyword=Kanger&top_stock=top_active&board=&alphabetical=&sector=&sub_sector=

Posted by Peace99 > 2021-08-30 18:18 | Report Abuse

Just now login to check it out .......https://commonmask.co/
The website worked well...if order now gets 15% discount for order >RM 30

Can't see why Kanger Medical, as a medical company, not going into mask now.
I say: WELL DONE! SYABAS! 加油！頑張ってください！

Posted by MZM2511 > 2021-08-30 19:55 | Report Abuse

In the near term, KIB targets to also commence the distribution of other healthcare-related products to expand the revenue streams under its new healthcare business.

The company has recently entered into a binding and conditional heads of agreement (HoA) with a UAE-based company to import and distribute the Hayat-Vax Covid-19 vaccines.

The Hayat-Vax vaccine is essentially the same Sinopharm Covid-19 vaccine, manufactured in UAE.

KIB has submitted the necessary applications to obtain the required approvals from the National Pharmaceutical Regulatory Agency (NPRA) for the Hayat-Vax vaccine to be used in Malaysia.


https://www.nst.com.my/business/2021/08/722649/kanger-ventures-manufacturing-sales-surgical-face-masks

Posted by satriahijau > 2021-08-30 20:01 | Report Abuse

"KIB has submitted the necessary applications to obtain the required approvals from the National Pharmaceutical Regulatory Agency (NPRA) for the Hayat-Vax vaccine to be used in Malaysia."

asyik ulang dah submit, soalnya bilakah tarikh submit kepda NPRA dibuat?

Posted by pujut > 2021-08-30 20:28 | Report Abuse

Kena tengok berapa lama KJ ambik utk approve sinopharm..hrp lagi cepat dr yg lama

Posted by BilisMasin > 2021-08-30 20:31 | Report Abuse

Sudah2 lah
Sejarah membuktikan kanger banyak kencing news, mou, project

RI 0.060
Esok market price mesti touch 0.040

Posted by MZM2511 > 2021-08-30 20:40 | Report Abuse

@striahijau.
------- asyik ulang dah submit, soalnya bilakah tarikh submit kepda NPRA dibuat?
---------------

Soalan ini awak boleh tanya wistlebower99. Dia memang nujum yang hebat. LEBIH HEBAT DARI NUJUM BULUH/KELAPA DIA NI.

Dia tahu, semua kaunter yang NOSH besar akan buat consolidation!!!!!. He He

Posted by MZM2511 > 2021-08-30 20:52 | Report Abuse

yaalor. We are the shareholders of Kanger. Do they the naysyers have any shares?

We as the investors are taking the risks and pray for the profit that we could earn.

By the way, still in the mode to test the theory of RI.

We have another 10 trading days which are 1/9,2/9,3/9,6/9,7/9,8/9,9/9,10/9,13/9 and 14/9 before the last date to subscribe and pay for the right issue on 15/9.

There is enough time for the price to be cooked up.

Posted by MZM2511 > 2021-08-30 20:53 | Report Abuse

whistlebower99 Very successful fund raising exercise

Company directors proudly and happily collected RM56,329,275 from fund raising exercise.
30/08/2021 12:04 PM

@@ Look at BCMall thread.
---------------------

If BCMall was successful in their RI exercise, therefore I think Kanger directors should have their own plans to make sure the Kanger's RI exercises also will be a success.

Apa-apa pun, TAYOR.

Posted by MadCow75 > 2021-08-30 23:43 |

Post removed.Why?

Posted by MadCow75 > 2021-08-30 23:46 | Report Abuse

nothing but repeat msg... seinz... even wan gaduh also he had no news word... this is the first time i gaduh with those keyboarder with so seinz... so lausy...

Posted by Peace99 > 2021-08-31 01:29 | Report Abuse

Annual Report out:

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3189156

Quote: ".........The Group is in a net cash position with total cash of RM81.71
million exceeding total borrowings of RM62.87 million. Our balance sheet has the capability and flexibility to fund future investments, should opportunities arise."

Posted by Peace99 > 2021-08-31 01:47 | Report Abuse

30th major shareholder: Lee Chong Wei 7.5mil shares.
Maybank Securities Nominees (Tempatan) Sdn. Bhd.
- Pledged Securities Account for Lee Chong Wei

Posted by Peace99 > 2021-08-31 08:54 | Report Abuse

@MZM2511, What are your thoughts on the latest annual report? Should be very helpful to many ppl here if you could share esp in the form of an article

A few more major points I remember:
1. Kanger has major research center on bamboo & products
2. Kanger's income down not only because of the pandemic but due to the smart move of factory
3. Now factory has direct plenty cheaper supply of bamboo in its backyard
on top of its recent other major business ventures: Genting Apt, vaccine, and mask.

Based on these, I am confident it will be moving up

Posted by Patience99 > 2021-08-31 09:40 | Report Abuse

Kanger is wise not to take up glove business. Huge paid up capital and expenditures to run . Worse the profit margin keep dropping. Face masks good business strategy.

Posted by BilisMasin > 2021-08-31 12:07 | Report Abuse

After RI will come new substantial director

Mr Kuat Ken Ching

Posted by MZM2511 > 2021-08-31 12:12 | Report Abuse

A Glance At Positivities From The Kanger (0170) Annual Report 2021

Kanger (0170) has released the company’s Annual Report 2021. I am glad to share some positivities related to the current and future progress of the company based on my glance at the annual report. I will not take note on the balance sheets aspects in this article. The Annual Report 2021 can be retrieved @
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3189156


Some of the positive notes are as follows:

1. NEW ENGINES OF GROWTH FOR BAMBOO AND RELATED PRODUCTS
 In the fourth quarter of 2020, the construction of the company new bamboo concession and processing plant in Jingzhou was completed. Although the plant is still in the early phases of testing and commissioning, the company is looking forward to the positive financial contribution it will bring to the Group once commercial production commences.
 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.

MY COMMENT:
a) The company has stated the promising progress has been made in the relocation of our new bamboo and processing plant. The company still keen on the potentials of its bamboo and related products business to be turn around especially after the new processing plant in Jinzhou started to operate.

2. CORPORATE MILESTONES OF THE COMPANY IN 2021

 Diversified into new construction business aimed at deriving synergy with the property investment and management segment. Acquired 51% stake in building materials supplier, Sung Master Holdings Sdn Bhd for RM94.8 million. Acquired 126 units of service apartments at Antara @ Genting Highlands for RM142.87 million.

 One of the new subsidiaries, Kanger Medical International Sdn Bhd is making inroads into the healthcare industry by sourcing for face masks and Covid-19 vaccines.

MY COMMENTS:
a) These "corporate" statements give us the SIGN that the BOD and the company has tried to do some efforts for the betterment of the company in future.
b) The company are diversifying and also entering business activities in Malaysia, instead of solely relied on the PRC business activities. Some of the progress of diversification can be read below:
 Currently, the Group is working together with a few parties to complete multiple construction projects across a few sites in the state of Selangor and Pahang to the tune of approximately RM1.0 billion. The Group is also in the midst of applying for the Grade 7 contractor license from the Construction Industry Development Board (“CIDB”) and aims to tender for new construction projects to further grow our construction orderbook.
 The Group will be purchasing a 51% stake in building materials supplier, Sung Master Holdings Sdn. Bhd. The acquisition will broaden the Group’s product offerings to also include other building materials such as timber, flooring, tiles, bulk cement, concrete, locksets and sanitary ware. This strategic acquisition is well-aligned to strengthen and complement the Group’s newly established construction business as Kanger will be able to source the building materials directly from Sung Master’s suppliers to better manage the input cost and enhance the profitability of these construction projects.
 The Group had also purchased 126 service apartment units at Antara @ Genting Highlands on an enbloc basis. Expected to be completed in 2024. The company believes that the rental income or capital gains arising from these property units will contribute positively to the company.

Posted by MZM2511 > 2021-08-31 12:15 | Report Abuse

3. THE EMERGENCE OF MR KUAH CHOON CHING AS A MEMBER OF THE BOD ON 24 AUGUST 2020 AND HIS FUTURE PLAN TO BE A SUBSTANTIAL SHAREHOLDERS OF THE COMPANY

 Mr. Kuah is an experienced businessman and entrepreneur with a proven track record in the diverse sectors of consumer products, property development, and manufacturing for various packaging industries. He has experienced to spearheaded corporate exercises such as fund raising, diversification and share buy-back exercises for the company. He is very well versed in various industries, such as manufacturing and printing for the glove making, medical, electrical and electronics, automotive industries and more.
 Currently, Mr. Kuah owned 25 million units of shares, equivalent to 0.89% shareholding of the company shares, the biggest share holder amongst the member of the Board of Director of the company.
 Mr. Kuah entered into a subscription agreement for a subscription of 769.51 million new Kanger shares at the subscription price of RM0.06 per share to partially finance the purchase consideration for the acquisition of 51% stake in Sung Master. After this subscription of shares exercise, Mr. Kuah will become a substantial shareholder of Kanger.

MY COMMENTS:
a) Mr. Kuah as the Executive Chairman of the BOD has used his experiences in the company to plan some corporate exercises such as diversification and fund raising exercises for the company. The company has decided to place stronger emphasis on expanding our new business segments which are involved in construction and property investment and management. Several fund raising exercises has been planned which are involved ESOS, private placement and right issue of shares in order to fund several plans of diversification exercises.

b) As there is no substantial shareholders in the company as at 30 July 2021, the percentage of shareholdings among director and insiders is small. This condition is not so good for the company as the share holding spread in the company is too wide. Mr. Kuah will become a substantial shareholder of Kanger and will generate more positivity to the company in terms of reducing share holding spread, strengthening his BOD power in the company and uplifting his concern, ownership and integrity while managing the company.

Posted by BilisMasin > 2021-08-31 12:31 | Report Abuse

My comment

All is just on paper. The fact is, RM 0.045

Posted by Peace99 > 2021-08-31 14:51 | Report Abuse

After all these checking and reading postings esp MZM's, decided to increase my holding from <1mil to >2.5 mil shares, as that's what I can afford now.....need to keep bullets for RI, haha....but if I have more bullets, will still spend half on Kanger. Happy Hari Merdeka and happy investing!