Posted by Jameliew83 > 2021-08-31 14:53 | Report Abuse

All sifu sifu , OR berapa hari boleh trading , sampai bila last day , thanks.

Posted by Jameliew83 > 2021-08-31 14:54 | Report Abuse

OR bila boleh nampak dalam Account

Posted by MadCow75 > 2021-08-31 15:19 | Report Abuse

OR should be in ur CDS by 1/9... not mistake...

Posted by MadCow75 > 2021-08-31 15:20 |

Post removed.Why?

Posted by Peace99 > 2021-08-31 15:33 | Report Abuse

@MZM2511 Many thanks for the prompt but overall "Glance"

Posted by Jameliew83 > 2021-08-31 15:43 | Report Abuse

Thanks bro

Posted by Peace99 > 2021-08-31 15:46 | Report Abuse

For those who are not sure where Jingzhou is....a few related links are given in my 12 July post.

Posted by MZM2511 > 2021-08-31 16:15 | Report Abuse

BilisMasin My comment

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

We are facing future, not yesterday. You can have your own stand. I also have mine.
As investing is full of risks. I am prepared to fail because relying on the said RI theory.

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

I WANT TO SHARE WITH YOU MY SIMPLE THEORY:

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.

-----------------------------
Mr. Kuah has experienced to spearheaded corporate exercises such as fund raising, diversification and share buy-back exercises for the company.
-------------

Do you think that Mr. Kuah will let Kanger fails in the incoming RI exercises??????


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.

AFTER ALL. TAYOR.

Posted by BilisMasin > 2021-08-31 17:12 | Report Abuse

Jual facemask pun Pre Order

Kahkahkahkah

Posted by OrlandoOilSemiconIoT > 2021-08-31 18:03 | Report Abuse

Wow price so low

MZM a perpetual optimist

Posted by OrlandoOilSemiconIoT > 2021-08-31 18:07 | Report Abuse

Given d low mother price now wit d exercise price at RM 0.05 wat is d likely market price of warrant B when listed ? 0?

Posted by MZM2511 > 2021-08-31 18:22 | Report Abuse

@OrlandoOilSemiconIot.

Mr. Kuah has experienced to spearheaded corporate exercises such as fund raising, diversification and share buy-back exercises for the company.
-------------

Do you think that Mr. Kuah will let Kanger fails in the incoming RI exercises??????


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.

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

MZM2511 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 this @ 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 OrlandoOilSemiconIoT > 2021-08-31 18:29 | Report Abuse

Tis is good enough reason for u?

Perpetual optimist no doubt

Posted by MZM2511 > 2021-08-31 18:31 | Report Abuse

@OrlandoOilSemiconIoT.

Yes. You are perpetual pessimist. Indeed..

Posted by OrlandoOilSemiconIoT > 2021-08-31 18:32 | Report Abuse

Take up RI 0.06

WB say 0.01

Mother lost 0.02

Net loss 0.01

Posted by MZM2511 > 2021-08-31 18:38 | Report Abuse

@OrlandoOilSemiconIot.

I think before the last date of acceptance and payment for the RI. the price will be more than 6 sen.
On that condition, I will subscribe for the RI.

Posted by OrlandoOilSemiconIoT > 2021-08-31 18:58 | Report Abuse

U hope

Posted by MZM2511 > 2021-08-31 19:04 | Report Abuse

Read carefully my statement..... You will know what I believed....
And what is the true idea about my prediction, hope and plan.

Posted by OrlandoOilSemiconIoT > 2021-08-31 19:11 | Report Abuse

Push up BEFORE the last date of acceptance

Can it remain at d pushed up level AFTER?

Posted by OrlandoOilSemiconIoT > 2021-08-31 19:12 | Report Abuse

Can d WB gain covers d mom loss?

Posted by MZM2511 > 2021-08-31 19:21 | Report Abuse

@OrlandoOilSemiconIoT

I hope it can be sustained.

My logic is, after the RI there will be a huge subscription of share exercises by Mr. Kuah amounted 713,157,273 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. Also, there will be an issuance of new shares amounted 769,513,179 new Kanger Shares to Sung Master.

The price should be sustained at least around 6 sen or more to facilitate the subscription and issuance of a big amount of shares.

Anyway. Still a hope and my prediction only. TAYOR

Posted by Peace99 > 2021-08-31 19:28 | Report Abuse

OrlandoOil, so you think mother will become 4sen? Remember Director Quah will subscribe 770mil shares at 6sens, so what you make of it?

Posted by mikeann > 2021-08-31 19:43 | Report Abuse

Share is grossly oversold.

The shares at 0.045 is at 52 weeks low, having plunged from 0.33 .

It has also dropped from 0.07 about 4 weeks ago to its present level of 0.045 .

The risk to reward ratio at 0.045 is in favour of investor who buys as there is negligible downside risk.

Rebound is imminent. Immediate resistance is at 0.07.

Posted by whistlebower99 > 2021-08-31 20:00 | Report Abuse

Probably Mr market is trying to tell us that the RI @6 is overpriced. For retailers who had intended to take up the RI should buy from market @4.5 or lower, forget the free warrants. Let Mr Kuah alone subscribe for the RI as his undertaking to the fund raising exercise. This way, total new shares to be issued will be less and this is good for all shareholders.

Posted by MadCow75 > 2021-08-31 20:00 |

Post removed.Why?

Posted by Peace99 > 2021-08-31 20:43 | Report Abuse

Whistlebower99, referring to positives as MZM outlined, I tend to agree with mikeann.....it will be lucky if can get 4.5sen, but my guess is soon will be 5, 5.5,.... Good luck!

Posted by Peace99 > 2021-08-31 20:58 | Report Abuse

https://www.channelnewsasia.com/singapore/sinopharm-covid-19-vaccine-clinics-start-jabs-2144921

Posted by BilisMasin > 2021-08-31 21:03 | Report Abuse

I m writing here just to let mad cow read
Kahkahkah

Posted by RelaxBro > 2021-09-01 01:51 | Report Abuse

Bilis kah kah

Posted by BilisMasin > 2021-09-01 08:38 | Report Abuse

OR tak laku. Semua nak buang dekat 0.005

Kahkahkah

Posted by whistlebower99 > 2021-09-01 08:57 | 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.

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

Current stock price = 0.045

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

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

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

TAYOR

Posted by whistlebower99 > 2021-09-01 09:02 | Report Abuse

Extracted from Annual Report

List of 30 largest shareholders
8. Chai woon chet 29,000,000 1.04%
9. Kuah choon ching 25mil 0.89
30. Lee chong wei 7.5mil 0.27

No. 8 is director in loss making penny stocks anzo, oversea, m3tech and have stakes in other (mostly loss making) penny stocks

No. 9 has undertaking to subscribe rm20 mil of RI at 6cts per share

No substantial shareholders (5% or higher) as at 30 July 2021

Is it someone pushing down the price to below RI price of 6cts?

Let's wait to see any boardroom changes if some substantial shareholders appear.

Posted by Peace99 > 2021-09-01 09:04 | Report Abuse

Kurang dari 10% nak jual below .010and below

Posted by BilisMasin > 2021-09-01 09:04 | Report Abuse

New substantial shareholder

Mr Kuat Ken Ching

Posted by MZM2511 > 2021-09-01 09:08 | Report Abuse

New substantial shareholders:
1. Kuah almost 750 mil shares
2. Sung Master 769 mil shares.

Posted by Peace99 > 2021-09-01 09:10 | Report Abuse

Looks like my guess yesterday will work out 5, 5.5, 6,...sit back and have a nice day!

Posted by MZM2511 > 2021-09-01 09:26 | Report Abuse

@Peace99. Yes. Maybe the master of fund raising, Mr Kuah just started to work. He He

--------------------
Mr. Kuah has experienced to spearheaded corporate exercises such as fund raising, diversification and share buy-back exercises for the company.

Posted by Peace99 > 2021-09-01 09:30 | Report Abuse

MZM, soon ppl will realise your article is based on valid sources, not bullshit one. My guess is not wild guess, but also based on honest reasons. Ppl can check my postings..... Haha

Posted by Peace99 > 2021-09-01 09:31 | Report Abuse

If I have to sell, I won't sell so cheap at 5, at least 6.5, hehe

Posted by Peace99 > 2021-09-01 09:35 | Report Abuse

Kanger is in net cash position, why sell off your share cheap cheap?

Posted by koyokui > 2021-09-01 09:39 | Report Abuse

Buy kanger or strike at 6 sen

Posted by Fklim888 > 2021-09-01 09:44 | Report Abuse

Only push bfore warrants ..?

Posted by whistlebower99 > 2021-09-01 09:55 | Report Abuse

MZM,

Mr Chai is inside KANGER, he is be better than Mr Kuah in corporate exercise. Google to find out

Wait for announcement of substantial shareholders, maybe he will be one.

Posted by whistlebower99 > 2021-09-01 10:08 | Report Abuse

Current price lower than RI price,

Can buy from market if intended to subscribed RI.

Lesser new shares issued means lesser dilution in EPS and shareholders equity

Let Mr Kuah subscribe most of the RI to fund his projects, he will be more diligent to ensure success

Posted by MZM2511 > 2021-09-01 10:11 | Report Abuse

Mr. Kuah has experienced to spearheaded corporate exercises such as fund raising, diversification and share buy-back exercises for the company.
-------------

Do you think that Mr. Kuah will let Kanger fails in the incoming RI exercises??????


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 Peace99 > 2021-09-01 11:37 | Report Abuse

Already knocking at 6, thought not so soon.....wow

Posted by Peace99 > 2021-09-01 11:40 | Report Abuse

If selling OR at 0.5 Sen now, there's some chance later may regret and have to buy back at 1sen.....

Posted by whistlebower99 > 2021-09-01 11:55 | Report Abuse

Aggressive promoter at work.

You should show the way by buying at lowest possible price (0.005) and sell for 100% profit by 7/9/21 last trading day for OR.

I think better option is to buy the mother at below the RI price instead of subscribing for the RI.

Let Mr Kuah dig his pocket to pay for his own fund raising exercise.

Posted by MZM2511 > 2021-09-01 11:58 | Report Abuse

@wistlebower99.
- Let Mr Kuah subscribe most of the RI to fund his projects, he will be more diligent to ensure success

----------------
If we have an opportunity to make profit, why not we also involve in the RI subscription?
01/09/2021 10:16 AM

Posted by Peace99 > 2021-09-01 12:21 | Report Abuse

Whistlebower99, if I don't have OR, will buy mother, but I have enough OR already, hehe