Posted by jazmaster > 2021-10-12 17:34 | Report Abuse

Not bad le, After Sung master, here come with RTO.

LIMIT UP ?!!!!!!!

Posted by deepseavalue > 2021-10-12 17:34 | Report Abuse

Haha, maybe limit up after takeover

Posted by deepseavalue > 2021-10-12 17:48 | Report Abuse

This week will be a collecting period, get ready guys!!

Posted by jazmaster > 2021-10-12 17:52 | Report Abuse

Keep calm and Steady !!!

Posted by jazmaster > 2021-10-12 17:52 | Report Abuse

The bom bi bi will come

Posted by rr1688 > 2021-10-12 18:24 | Report Abuse

REAL ESTATE up despite pandemic...airbnb is the greatest REAL ESTATE company...KANGER is in REAL ESTATE now...airbnb target price usd210...KANGER target price usd21...

Posted by charlie chia > 2021-10-12 18:26 | Report Abuse

Are you all sure on RTO news

Posted by rr1688 > 2021-10-12 18:28 | Report Abuse

frontkn share price from RM0.06 increase to RM3.56...i love penny stocks...

Posted by rr1688 > 2021-10-12 18:29 | Report Abuse

hong seng share price from RM0.06 increase to RM3.43...i love penny stocks...

Posted by rr1688 > 2021-10-12 18:30 | Report Abuse

KANGER to the MOON...

Posted by deepseavalue > 2021-10-12 18:47 | Report Abuse

Yup, very bullish on the RTO news, Kanger to the moon!!

Posted by alvinchua87 > 2021-10-12 18:51 | Report Abuse

High possiblity of RTO and 100percent is different thing but if this is real, is good for all shareholder I guess ?

Posted by Shootup > 2021-10-12 18:51 | Report Abuse

Beware of china com, better dont touch

Posted by charlie chia > 2021-10-12 18:56 | Report Abuse

Kanger is no longer a China company
Already locally owned

Posted by deepseavalue > 2021-10-12 18:58 | Report Abuse

Lol, why not? give us some of your opinion

Posted by deepseavalue > 2021-10-12 19:00 | Report Abuse

KANGER (KLSE: 0170) – A change in investment landscape

The bamboo maker cum vaccine supplier had a radical change in their fundamentals, and yet market is pricing them at the “old” KANGER point of view. However, it is time for investors to relook into KANGER with their new proposition in the property and construction segment.


Genting Tourism Boom

I’m sure plenty of you had seen videos with regards to footfall in Uncle Lim’s favourite spot in Genting, and at the first glance we would think that the beneficiaries should be GENM (KLSE: 4715) and the holding company GENTING (KLSE: 3182). But on a more rational standpoint, both of the company had seen quite a substantial increase in share price ever since the rapid vaccination program and huge reduction in number of COVID-19 cases.

In other words, the investment reward for GENM and GENTING had become relatively lesser.

Posted by deepseavalue > 2021-10-12 19:01 | Report Abuse

As for proxies, property developers with projects in Genting might be benefited from the tourist recovery to be back to c. 28.7 million in CY 2019. Some names such as TROP (KLSE: 5401) and NCT (KLSE: 0056) had projects around Genting, which could benefit from it, too.

But amongst all the companies mentioned, KANGER should be the most undervalued of all.

In February 2021, the company had entered into a SPA with the potential Reverse Takeover Target (RTO) company – Aset Kayamas Sdn Bhd for the acquisition of 126 units of serviced apartments in Genting for RM142.87 million in Tower A.

We had seen a significant recovery in footfall alongside with US$800 million investment by GENM into Genting SkyWorlds which is expected to be opened soon, the property prices in the area are expected to increase in tandem with the growth in footfall and tourism income.

At the first glance, KANGER could benefit from the capital gain of the properties, but there is more to it.

With the strategic partnership with Aset Kayamas, KANGER could operate and lease the 126 units while waiting for the capital gain of the investment, this could bring a more consistent cashflow to KANGER and ultimately benefit from the acquisition in two ways – operating & managing, and finally monetize the projects via disposal at a certain profit.

Posted by deepseavalue > 2021-10-12 19:01 | Report Abuse

Construction Recovery Theme

In the month of October, we had seen significant of cash inflow into the construction segment. This is largely due to the market believes the sector would be benefited from the economical reopening of the market. Not to mention the upcoming budget might also weight in more for the sector.

Backtracking on KANGER’s proposal to diversify into the construction segment, the company is currently applying for the highest CIDB license – G7 to undertake its existing construction orderbook which is worth about RM1.0 billion in total size. Assuming that the orderbook would last KANGER for 3 financial years, each financial year would be left with RM333.3 million, which is approximately 20 times of normalized financial year 2022 first quarterly performance.

KANGER had also acquired Sung Master Holdings Sdn Bhd for a total sum of RM94.8 million for a 51% stake in the company.

Posted by deepseavalue > 2021-10-12 19:01 | Report Abuse

For your information, Sung Master is primarily involved in supplying building materials and it was expected to deliver a profit after tax of RM20.0 million in the full year 2021.

I did a CTOS check on Sung Master (I can’t share the screenshot for obvious reasons) and noticed that one of the major customers for the company is actually Aset Kayamas. If you link the acquisition of properties – which could be involved in operational and management, it is very likely that KANGER would receive construction projects from Aset Kayamas, while supplying building materials to them, which would land a strategic partnership between the two parties.

But there are more to it.

Potential RTO In Place

Dated 4th of October, we noticed that an emergence of a new substantial shareholder – Miss Chai Woon Yun, which holds approximately 9.3% of KANGER shares after the rights issue. A quick background check on Miss Chai and we would note that she was actually the daughter of the founder of Aset Kayamas.

Posted by deepseavalue > 2021-10-12 19:02 | Report Abuse

Herein attached is a report by Sinchew on the emergence of new substantial shareholder.

So, if we think rationally, KANGER had done the following:

1. Acquired properties from Aset Kayamas.
2. Had RM1.0 billion worth of construction projects on hand (potentially from Aset Kayamas).
3. Acquired 51% of Sung Master, who supplies to Aset Kayamas.
4. Emergence of new substantial shareholder which is expected to be PAC from Aset Kayamas end.

Definitely something interesting is brewing in KANGER side for now.

Posted by JuliusCeasar > 2021-10-12 19:02 | Report Abuse

How do you know Charlie Chia? Please share any articles or announcement. If true locally owned then it would good news indeed.

Posted by deepseavalue > 2021-10-12 19:02 | Report Abuse

Should the RTO really happens, Aset Kayamas who had a diversified property development projects where a combination of Luxury Highrise Residences and Affordable Housing projects such as Axon, The Hipster, The Hermington just to name a few. With years of experience in the property development segment, the materialization of the RTO would definitely change KANGER forever.

At least on the current price of 6 cents per share which is same with the rights issue price, our entry price for the current level is the same as PAC of Aset Kayamas. So practically, the chance to lose money is extremely low and I believe KANGER is worth more than double the current share price even before the RTO take place.

If the RTO did take place, I think it would be too late for investors to invest in the company.

Posted by deepseavalue > 2021-10-12 19:02 | Report Abuse

https://klse.i3investor.com/blogs/dbedw/2021-10-12-story-h1592026873-KANGER_KLSE_0170_A_change_in_investment_landscape.jsp

Posted by JuliusCeasar > 2021-10-12 19:14 | Report Abuse

Wow! Good news. Tomorrow would fly!

Posted by charlie chia > 2021-10-12 19:36 | Report Abuse

Julius
You can check on bursa website

Posted by mrsyed7007 > 2021-10-12 21:01 | Report Abuse

tp 0.1 :)

Posted by rr1688 > 2021-10-12 21:50 | Report Abuse

world richest salesman company share price now is usd3239...he sells a to z...if u invested in early stage...u would have GAIN 187,898 %...KANGER is in early stage now...uptrend to the MOON...

Posted by rr1688 > 2021-10-12 21:53 | Report Abuse

hong seng share price from RM0.06 increase to RM3.43...i love penny stocks...

Posted by rr1688 > 2021-10-12 21:54 | Report Abuse

frontkn share price from RM0.06 increase to RM3.56...i love penny stocks...

Posted by suffianfauzi > 2021-10-13 00:18 | Report Abuse

Rr1688 always repeat the same words..

Posted by whistlebower99 > 2021-10-13 00:29 | Report Abuse

FOR NEWBIES

Just be reminded
Total shares = 5,978,812,213
WB = 1,700,011,579

EPS is now negative, how high can it be ?

Just another goreng pisang stock. Stock price movement might be like another nexgram, bornoil, eah, focus, xox, etc, all claim to have lots of business potential.

So many salesman trying different ways to promote the stock. Be careful.

====================================
TAYOR, set realistic target

Posted by MadCow75 > 2021-10-13 00:38 | Report Abuse

where got salesman??? only keyboarder to press down the price... now u see all hilang... coz they r pay to write...

Posted by MadCow75 > 2021-10-13 00:40 | Report Abuse

u the only 1 spread negative every where... if u do so hate those counter, why just leave us alone, move to counter u think is good for u...

Posted by MadCow75 > 2021-10-13 00:42 | Report Abuse

chinese say, u wan die, i cannot hold u... pls just let us die... we dun need u to act like saver... the world dun need superman... without superman we can live more peaceful...

Posted by rr1688 > 2021-10-13 01:03 | Report Abuse

REAL ESTATE up despite pandemic...airbnb is the greatest REAL ESTATE company...KANGER is in REAL ESTATE now...airbnb target price usd210...KANGER target price usd21...

Posted by rr1688 > 2021-10-13 01:06 | Report Abuse

penta share price from RM0.06 increase to RM5.48...i love penny stocks...

Posted by rr1688 > 2021-10-13 01:07 | Report Abuse

vitrox share price from RM0.18 increase to RM19.60 ...i love penny stocks...

Posted by charlie chia > 2021-10-13 07:24 | Report Abuse

Rr1688
You have nothing new to said and keep on posting old repeated useless remarks

Posted by JuliusCeasar > 2021-10-13 08:38 | Report Abuse

Hopefully today starts fly following yesterday good news. Go go up KANGER!

Posted by Kisshunter > 2021-10-13 09:25 | Report Abuse

Where is the good news.? Can you share it here

Posted by whistlebower99 > 2021-10-13 09:53 | Report Abuse

Ms Chai, a director in permaju, is now a substantial shareholder.

Direct (units) 416,700,000
Direct (%) 9.268
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Date of notice 04 Oct 2021

If you like Ms Chai, then this can be good news.

Other than this, have to wait for auntie, uncle come back from pasar to tell more good news.

Posted by MZM2511 > 2021-10-13 09:59 | Report Abuse

@wistlebower99. I think you don't have any shares in Kanger.

There will be no news, except bad news for Kanger if the source of information we are depended is from wistlebower99.

Are we going to believe the ill-intention naysayer in making investment decision on certain counter?

For newbies, please study wistlebower comments. We should know who he/she is:

https://klse.i3investor.com/servlets/cube/post/whistlebower99.jsp

Posted by whistlebower99 > 2021-10-13 10:35 | Report Abuse

MZM, you should create a telegram group for all uncle, auntie, pakcik, makcik who like to listen to only good news. Just like your TAWIN and NEXGRAM telegram group.

Posted by MadCow75 > 2021-10-13 11:07 | Report Abuse

we join cikgu group... very happy group... we share all good and bad news there... all with fact and real info...

Posted by MadCow75 > 2021-10-13 11:08 | Report Abuse

wshit u should join... u will be more happy... will not so negative every day... bursa not owe u anything... u wan trade, pls take the risk... win or lose.. by u own...

Posted by shavemyfurm > 2021-10-13 14:53 | Report Abuse

Wow, I kena report. Interesting. I said want join whistlebower99 telegram also kena ?
whistlebower99 should create a telegram group for all uncle, auntie, pakcik, makcik, and me, so we won't lose money in market.

Posted by MCtrader > 2021-10-13 16:44 | Report Abuse

^agree with this, when create a whistlebower telegram group? Let me join and have some real market insight!

Posted by rr1688 > 2021-10-13 18:33 | Report Abuse

REAL ESTATE up despite pandemic...airbnb is the greatest REAL ESTATE company...KANGER is in REAL ESTATE now...amid strong demand airbnb target price upgrade to usd220...KANGER target price usd22...

Posted by rr1688 > 2021-10-13 18:35 | Report Abuse

penta share price from RM0.06 increase to RM5.41...i love penny...

Posted by rr1688 > 2021-10-13 18:36 | Report Abuse

vitrox share price from RM0.18 increase to RM19.50...i love penny stocks...