Posted by newbie212 > 2022-02-08 13:00 | Report Abuse

Noted, thank you for you info..appreciate your help

Posted by newguy0801 > 2022-02-08 13:03 | Report Abuse

No problem, just check different strategies depending whether you are leaving or staying on this stock. There are strategies like averaging down or some stuffs.

Posted by newguy0801 > 2022-02-08 13:04 | Report Abuse

Follow your own risk appetite as different people have different heart strength. Some can handle 1 millions losses without having a heart attack.

Posted by Citadel12 > 2022-02-08 14:05 |

Post removed.Why?

Posted by Citadel12 > 2022-02-08 14:05 |

Post removed.Why?

Posted by M55555 > 2022-02-08 14:36 | Report Abuse

So fast up after consolidate? Like that who need to work. You must count yourselves lucky to have 1 stock prediction correct out of 50. Hundreds of retailers in here waiting for it to go up and dispose to cabut ( many caught and stuck here over a year ) . And many waiting to collect gain for those who collected at 0.025 to 0.03. JUST wait or leave. Happy betting

Posted by fl888 > 2022-02-08 15:12 | Report Abuse

Yesterday 3cts…. Today 23.5 cts….up 20.5cts……..fantastic.

Posted by tklim > 2022-02-08 15:23 | Report Abuse

tklim tklim SUPPORT

0.24
0.19
0.14
0.11
0.08
0.05
0.02
08/02/2022 9:39 AM


Ada Percayakah?????

wait lah....see who right or wrong???
08/02/2022 12:22 PM

Posted by tklim > 2022-02-08 15:24 | Report Abuse

better be safe then sorry

Posted by JuliusCeasar > 2022-02-08 15:24 | Report Abuse

Record never lies. Today revealed Company Men are conning investors. Whatever news released are all fake.
This is truly con company.

Posted by tklim > 2022-02-08 15:26 | Report Abuse

tklim aiyaaa....why want to fight ......going south lah....

year high 0.29

Fibonacci... 0.007


Ada percaya kah??????
08/02/2022 12:18 PM

Posted by JuliusCeasar > 2022-02-08 15:27 | Report Abuse

Today trading activity are all make up by syndicates under the supervision of the Company Men. Its all make up!

Posted by tklim > 2022-02-08 15:27 | Report Abuse

be careful of companies from CHINA.......!!!!!!!!!!!!!!!!!!!!!!!!!!!

Posted by pearlcapital > 2022-02-08 16:13 | Report Abuse

Gogogo, get in at your own risk!!

Posted by Legend > 2022-02-08 16:18 | Report Abuse

Tomorrow breakfast roti telor 2 biji

Posted by Patience99 > 2022-02-08 17:06 | Report Abuse

@MZM. Last quarter loss of 50 millions how much goes to administrate expenses? Any idea where to find the directors salaries and benefits? Why sudden resign of accountant after financial results ? Is the loss mostly goes to directors salaries and benefits ? If is the case they bought high all their lost will be recovered back easily

Posted by MZM2511 > 2022-02-08 17:27 | Report Abuse

@Patience99.

No. 1:

Revenue 64,815,000
Cost of sales (63,395,000)
Gross profit 1,420,000

Note: Overall, the Group recorded loss before taxation of RM57.2 million in Q2 2022 due to insufficient
revenue generated to defray the expenses.

No. 2:
Administrative expenses RM50,423,000.

The Group has also incurred non-recurring expenses such as recognition of share-based payments amounting to RM5.8 million granted to the directors and employees of the Company, impairment loss on inventories amounting to RM13.3 million, impairment loss on trade and other receivables amounting to RM25.1 million and impairment loss on property, plant and equipment amounting to RM4.7 million in the current financial quarter and financial period-to-date.

Note: I think its suppose not for payment in terms of fees or allowance but in term of share-based payments ammounted RM5.8 mil. More expenses related to the impairment loss on trade, inventories property, plant and equipment. TAYOR

Posted by Patience99 > 2022-02-08 18:23 | Report Abuse

@MZM. Tks and hope for better performance every quarters moving forward

Posted by saidora > 2022-02-08 18:25 | Report Abuse

It seems like no real big buyers for this stock. Being fully controlled by syndicate?

Posted by CharlesT > 2022-02-08 18:31 | Report Abuse

Chai Woon Chet Menara Lien Hoe counter???

Good luck.hope they dont come out with another rights issues that soon

Posted by JuliusCeasar > 2022-02-08 20:36 | Report Abuse

No one making money today either in KANGER or KANGER-WB.

They have planned to con peoples in the very very beginning of issuing RI last year. Its too obvious today.

Posted by rr1688 > 2022-02-08 21:52 |

Post removed.Why?

Posted by rr1688 > 2022-02-08 21:54 | Report Abuse

pmbtech share price from RM0.23 increase to RM17.40 ...23 SENG increase to 17 RIAL ... PITIH MOLEK...

Posted by rr1688 > 2022-02-08 21:58 | Report Abuse

world richest salesman company initial years also same like KANGER...he sells a to z ...bcoz he never giv up...today his company share price is usd3158 ...if u invested in early stage...u would have GAIN 182,383 % ...MAKEH TAK HABIS...KANGER is in early stage...to the STAR...

Posted by T800Terminator > 2022-02-08 22:15 | Report Abuse

Kikikikiki

Posted by Legend > 2022-02-08 22:30 | Report Abuse

Haha...berniaga buloh kasap.

Posted by Citadel12 > 2022-02-08 23:55 |

Post removed.Why?

Posted by ♛ Checkmate. > 2022-02-09 00:01 | Report Abuse

just wait for rebound, plenty of story going on, ignore spammer citadel12

Posted by Citadel12 > 2022-02-09 00:02 |

Post removed.Why?

Posted by rr1688 > 2022-02-09 02:55 |

Post removed.Why?

Posted by rr1688 > 2022-02-09 02:56 | Report Abuse

pmetal share price from RM0.23 increase to RM6.30 ...23 SENG increase to 6 RIAL...PITIH MOLEK...

Posted by rr1688 > 2022-02-09 03:00 | Report Abuse

2022 year of the inflation stocks...REAL ESTATE is the BEST hedge against inflation...KANGER is in REAL ESTATE now...mcdonald's REAL ESTATE company target share price amid strong demand increase to usd306 ...KANGER target share price usd30 ...to the STAR...

Posted by pearltt > 2022-02-09 03:04 | Report Abuse

construction property will be key for upcoming quarters

Posted by fl888 > 2022-02-09 06:06 | Report Abuse

RI and PPs are imminent due to cash flow requirements for Real Estate and Bamboo…but hopefully it will not be like Sanichi, DGB, Pasukhas….back to 2-3ct again

Posted by fl888 > 2022-02-09 08:05 | Report Abuse

Now 775 million shares against previously 7 billion shares with RM106 million Cash and RM1billion projects in hand....looks good ??

Posted by MZM2511 > 2022-02-09 08:45 | Report Abuse

@fl888..... Almost 600 mil shares. To do correction.. He He

Posted by MZM2511 > 2022-02-09 08:54 | Report Abuse

597.93m to be exact...

Posted by ddd ccc > 2022-02-09 09:06 | Report Abuse

Good sharing rr1688. TQ

Posted by fl888 > 2022-02-09 10:21 | Report Abuse

if plus about 169 WB.....about 775 million shares ...those substantial shareholders who subscribed for RI at 6cts and Sung Masters took nearly 700 million shares at 6cts loosing like hell at the current market price...compared to minority shareholders who buy now..just wonder how the major shareholders will play to recoup their investments ????

Posted by newguy0801 > 2022-02-09 10:36 | Report Abuse

Bamboo Eco products are in the eco trend now, I still don't get why they focus on construction sectors instead.

Posted by MZM2511 > 2022-02-09 11:23 | Report Abuse

1. Kanger Group's objective of streamlining its businesses to focus on construction segment, as well as to unlock the value and monetise Kanger's investment in Shenzhen Kanger group of companies, which is principally involved in trading of bamboo flooring, bamboo furniture and related products, that has been loss-making since FYE 31 March 2021.

# The company is proposing to dispose the unprofitable business.

## The Disposal Consideration would result in a pro forma gain of RM3.44 million to Kanger.

Posted by mager1144 > 2022-02-09 12:14 | Report Abuse

counter super rubbish and scammer. u guys better run now

Posted by mager1144 > 2022-02-09 12:16 | Report Abuse

for all those do this lets karma handle u ahah

Posted by MZM2511 > 2022-02-09 15:05 | Report Abuse

@JJPTR. You are so good in mathematics. Of course, it's necessary for the spam speculator to be like that.

Even the math calculation also can be manipulated. It's mathematically wrong dear speculator. He He

Posted by fl888 > 2022-02-09 15:16 | Report Abuse

MZM2511, by next week you will be proven right….

Posted by Citadel666 > 2022-02-09 15:27 |

Post removed.Why?

Posted by MZM2511 > 2022-02-09 15:30 | Report Abuse

JJPTR heard Kanger is involved in Asset Kayamas construction job in Genting highland. Has the job started?
------------

Revenue breakdown: 6-month FPE 30 September 2021.

Revenue from manufacturing and trading of bamboo flooring and related products RM8,143,000.

Revenue from construction works RM60,813,000. Total revenue RM68,956,000.


IS IT CLEAR, DEAR SPAM SPECULATOR???

Posted by MZM2511 > 2022-02-09 15:44 | Report Abuse

Con or no con, I'm going to see if any improvement on Kanger's FA in the in coming QR result.
Too tired already investing in the counter which is targeted by speculative spammers......

Currently, still holding the shares. Still holding for a long term view. TAYOR

.............

Kanger already in the process to dispose its bamboo business in the PRC and will focus on the new business activities in Malaysia..

SOME NOTES ABOUT THE DISPOSAL OF BAMBOO BUSINESS AND THE FUTURE PROSPECTS OF THE COMPANY.

1. Kanger Group's objective of streamlining its businesses to focus on construction segment, as well as to unlock the value and monetise Kanger's investment in Shenzhen Kanger group of companies, which is principally involved in trading of bamboo flooring, bamboo furniture and related products, that has been loss-making since FYE 31 March 2021.

# The company is proposing to dispose the unprofitable business.

## The Disposal Consideration would result in a pro forma gain of RM3.44 million to Kanger.

2. Earlier in June 2021, since the diversification of Kanger, the construction business has overtaken the bamboo manufacturing and trading segment as the main revenue contributor to the Group, as exhibited in its latest unaudited consolidated financial statements for the 6-month FPE 30 September 2021.

As part of its strategy to expand its construction segment, the Group had lined up several growth initiatives through organic and inorganic means with the long term objective of increasing its revenue contribution of its construction business going forward. In addition to its involvement in the project management of several construction projects (such as Antara @ Genting Highlands, Axon Bukit Bintang and The Hipster @ Taman Desa)

# The revenue tremendously increased with a dismal profit.

Revenue breakdown: 6-month FPE 30 September 2021. Revenue from manufacturing and trading of bamboo flooring and related products RM8,143,000. Revenue from construction works RM60,813,000. Total revenue RM68,956,000.

## The revenue will be sustained at least for several QR as the current order book value of the construction projects is of about RM1.0 bilion.

### Hope the profit margin from the constrution segment can uplift the profitability of the company.

3. The Group had also recently expanded its service offering within the construction segment through the acquisition of a 51% equity interest in Sung Master Holdings Sdn Bhd, which is principally involved in sales and trading of building materials.

# The acquisition of Sung Master will positively enhance our financial performance as Sung Master is a profitable company. For the full-year (ended June 30 2021), we expect Sung Master to deliver an estimated net profit and revenue of about RM20.0 million and RM115.0 million respectively," said Kanger executive director Steven Kuah Choon Ching said.

## Kanger said Sung Master had consistently delivered a profitable performance over the past three financial years (FY), from FY ended January 2018 up to the audited 17-month of FY ended June 2021 and the latest unaudited 10-month ended April 2021.

### The contribution from Sung Master not yet recorded in this QR report as the Sung Master acquisition completed only on 30 September 2021.The 2QR 2022 ended on 30 Sept 2021.
The contribution from the Sung Master acquisition will be realised in the in coming 3QR 2022.


4. The Board of Directors of Kanger wishes to announce that Ganzhou Kanger Industrial Co. Ltd., a wholly-owned indirect subsidiary of the Group had on 29 September 2021 received a letter of intent from Huizhou ZhongNeng Construction Ecological Resources Technology Co., Ltd. for disposal of properties which include two commercial buildings and land located in Ganzhou City, China for approximately China Renminbi RMB400.0 million (equivalent to RM258.9 million).

# Based on an assumption that Ganzhou Kanger Industrial Co. Ltd is the owner of the said two commercial buildings and land located in Ganzhou City which under a disposal proposal, the disposal of the said assets probably will give Kanger several million Ringgit of profit to be recorded in its future related quarterly report.

Posted by MZM2511 > 2022-02-09 15:44 | Report Abuse

Reminder....

.....By scenery: Con liar stockraider aka whistlebower99 aka thehoff spamming all penny stocks here n in FB GorengGroupFB. He non stop since early 2021 days n nights, working very hard for syndicates to collect at low n causes all penny stock lost above 5,000% - 10,000%

He use company PP to spam down price even after those have alredi consolidated n RI, until they fall below consol price. Ridiculously. This conman has caused millions of people losing huge yet he say he help newbies.

Those ppl lost until bankrupt, don't commit suicide go 2 find him out n ask him 2 compensate your losses.

and:

.......By Mikeycc: stockraider aka id :

1. gohku
2. value_seeker
3. BILLC
4. Koey
5. whistlebower99
6. thehoff
7. invest_malaysia

Posted by MZM2511 > 2022-02-09 15:44 | Report Abuse

@JJPTR. You're so hardworking here dear spam speculator.

For your information,THIS COUNTER IS A CHINAMAN COUNTER WHICH YOU ALWAYS SAID AS A CONMAN COUNTER.

IS IT ANY BUSINESS HERE, INSTEAD OF TO ACHIEVE YOUR SPECULATOR GREED BY SPAMMING? YOU'RE I THINK IN THE SAME GANG WITH wistlebower99 a.k.a stockraider.

OR MAYBE THE SAME INDIVIDUAL WITH A DIFFERENT ID!!!! HE HE