KANGER INTERNATIONAL BERHAD

KLSE (MYR): KANGER (0170)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.055

Today's Change

-0.005 (8.33%)

Day's Change

0.055 - 0.06

Trading Volume

1,676,500


15 people like this.

32,285 comment(s). Last comment by OKU_2020 1 hour ago

rr1688

3,170 posts

Posted by rr1688 > 2022-03-29 23:45 | Report Abuse

BUY...BUY...BUY...HOLD n PUSH UP the price...KANGER fair value RM0.19 X 750 % = RM1.43

Icon 888

2,216 posts

Posted by Icon 888 > 2022-03-30 01:59 |

Post removed.Why?

rr1688

3,170 posts

Posted by rr1688 > 2022-03-30 08:34 |

Post removed.Why?

rr1688

3,170 posts

Posted by rr1688 > 2022-03-30 08:35 | Report Abuse

pmetal share price from RM0.08 increase to RM6.20 ...8 SENG increase to 6 RIAL...PITIH MOLEK...

freddiehero

16,715 posts

Posted by freddiehero > 2022-03-30 08:37 | Report Abuse

steady rr1688

rr1688

3,170 posts

Posted by rr1688 > 2022-03-30 08:38 | 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 usd3386 ...if u invested in early stage...u would have GAIN 195,639 % MAKEH TAK HABIS...KANGER is in early stage...to the STAR...

rr1688

3,170 posts

Posted by rr1688 > 2022-03-30 08:42 | Report Abuse

REAL ESTATE company taann share price increase 422 % from rock bottom...2022 year of inflation stocks...REAL ESTATE is the BEST hedge against inflation...KANGER is in REAL ESTATE now...REAL ESTATE company mcdonald's target share price amid strong demand upgrade to usd306 ...KANGER target price usd30 ...to the STAR...

fl888

7,547 posts

Posted by fl888 > 2022-03-30 10:05 | Report Abuse

looks like Kayamas buy out Kanger for backdoor listing.....name change coming..

YoongGer

193 posts

Posted by YoongGer > 2022-03-30 13:04 | Report Abuse

consolidate! buy and hold!

YoongGer

193 posts

Posted by YoongGer > 2022-03-30 13:10 | Report Abuse

change name, change the luck, change the ONG

YoongGer

193 posts

Posted by YoongGer > 2022-03-30 13:11 | Report Abuse

let go bamboo burden , walk faster

rr1688

3,170 posts

Posted by rr1688 > 2022-03-30 13:57 |

Post removed.Why?

rr1688

3,170 posts

Posted by rr1688 > 2022-03-30 13:58 | Report Abuse

vitrox share price from RM0.08 increase to RM8.06 ...8 SENG increase to 8 RIAL...PITIH MOLEK...

rr1688

3,170 posts

Posted by rr1688 > 2022-03-30 14:02 | 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 usd3386 ...if u invested in early stage ...u would have GAIN 195,639 % ...MAKEH TAK HABIS...KANGER is in early stage...to the STAR...

rr1688

3,170 posts

Posted by rr1688 > 2022-03-30 14:06 | Report Abuse

REAL ESTATE material company lihen share price increase 2753 % from rock bottom...2022 year of inflation stocks...REAL ESTATE is the BEST hedge against inflation...KANGER is in REAL ESTATE now...REAL ESTATE company mcdonald's target share price amid strong demand upgrade to usd306 ...KANGER target price usd30 ...to the STAR

rr1688

3,170 posts

Posted by rr1688 > 2022-03-30 14:08 | Report Abuse

BUY...BUY...BUY...HOLD n PUSH UP the price...KANGER fair value RM0.19 X 750 % = RM1.43

MCtrader

67 posts

Posted by MCtrader > 2022-03-30 14:45 | Report Abuse

Most might have dire thoughts about the company by now, but that is far from the truth.
In this quarter, the company suffered multiple one-off expenses, which includes:
• RM2.5 million on impairment loss on inventories
• RM31.1 million on impairment loss on trade and other receivables
• RM3.6 million on impairment loss on other investments
• RM10.5 million on impairment loss on intangible assets, and
• RM77.4 million of fair value loss on investment properties amounting to RM77.4 million

MCtrader

67 posts

Posted by MCtrader > 2022-03-30 14:46 | Report Abuse

This sums up to RM125.1 million of one-off and non-cash exhaustive loss for the quarter.
However, we must also factor in that there are some one-off income for the company, which includes:
• RM3.1 million on gain on disposal of PPE, and
• RM54.6 million on gain on disposal of subsidiary company
This sums up to RM57.7 million of one-off income for the quarter.
The net loss for the quarter under review amounted to RM75.1 million, and if you were to normalize the RM125.1 million one-off loss and RM57.7 million worth of one-off income, by right the company only suffered RM7.7 million in net loss.

MCtrader

67 posts

Posted by MCtrader > 2022-03-30 14:51 | Report Abuse

At least for the latest 5 quarters ended, RM7.7 million is the lowest loss ever that the company had reported so far.
Also, this might be a kitchen sinking activity executed by the management to clean up the balance sheet. At least by now, the assets are considered at “book value”.

MCtrader

67 posts

Posted by MCtrader > 2022-03-30 14:51 | Report Abuse

That being said, I wanted to highlight to investors that the PPE and investment properties of the company includes the Genting Highland project by Aset Kayamas.
It is understandable that the auditor must adjust the properties value based on 31st December 2021 cash flow forecast for the property.
But there is a very great chance that the company would write back the fair value loss and record a fair value gain in the next quarter, as we know borders are reopening by 1st April.

The Edge had also reported that the company is disposing its China-based bamboo flooring company, Ganzhou Kanger Industrial Co Ltd for RM20.0 million to Zeng QinHu. This would allow the company to realign their focus on the construction business, which generated RM45.9 million in revenue while the remaining were contributed by the newly acquired Sung Master

Interestingly, both of the companies are closely related to Aset Kayamas, too.
The management had also disclosed their growth plans for Kanger in 2022.

Posted by shavemyfurm > 2022-03-30 15:01 | Report Abuse

Article ke ?

Posted by shavemyfurm > 2022-03-30 15:02 | Report Abuse

Kanger name change to kayamas ? Sounds ok

Posted by shavemyfurm > 2022-03-30 15:02 | Report Abuse

As long got goreng, got money earn, everyone happy.

TheMarc950

198 posts

Posted by TheMarc950 > 2022-03-30 16:37 | Report Abuse

kayamas,

KAYA macam EMAS

TheMarc950

198 posts

Posted by TheMarc950 > 2022-03-30 16:39 | Report Abuse

joke aside, name really doesnt matter as long as profitable

Posted by pearlcapital > 2022-03-30 16:40 | Report Abuse

Kanger will more likely become proxy of kayamas

rr1688

3,170 posts

Posted by rr1688 > 2022-03-30 22:03 |

Post removed.Why?

rr1688

3,170 posts

Posted by rr1688 > 2022-03-30 22:04 | Report Abuse

vitrox share price from RM0.08 increase to RM8.05 ...8 SENG increase to 8 RIAL...PITIH MOLEK...

rr1688

3,170 posts

Posted by rr1688 > 2022-03-30 22:07 | 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 usd3348 ...if u invested in early stage...u would have GAIN 193,485 % ...MAKEH TAK HABIS...KANGER is in early stage...to the STAR...

rr1688

3,170 posts

Posted by rr1688 > 2022-03-30 22:11 | Report Abuse

REAL ESTATE company ppb share price increase 512 % from rock bottom...2022 year of inflation stocks...REAL ESTATE is the BEST hedge against inflation...KANGER is in REAL ESTATE now...REAL ESTATE company mcdonald's target share price amid strong demand upgrade to usd306 ...KANGER target price usd30 ...to the STAR...

rr1688

3,170 posts

Posted by rr1688 > 2022-03-30 22:14 | Report Abuse

enjoy my drinks at batu feringi beach penang...the best place to live in asia...voted by travel awaits travel magazine...MALAYSIA REAL ESTATE got REAL VALUE...

rr1688

3,170 posts

Posted by rr1688 > 2022-03-30 22:16 | Report Abuse

BUY...BUY...BUY...HOLD n PUSH UP the price...KANGER fair value RM0.19 X 750 % = RM1.43 ...IGNORE the NOISE...

BILLC

2,032 posts

Posted by BILLC > 2022-03-31 12:28 | Report Abuse

Agent 2511 claimed he cut lost already but why still
doing copy paste here?? Must be a kaki klentong besattt,,

Wakakaka,,,

rr1688

3,170 posts

Posted by rr1688 > 2022-03-31 13:12 |

Post removed.Why?

rr1688

3,170 posts

Posted by rr1688 > 2022-03-31 13:13 | Report Abuse

pmetal share price from RM0.08 increase to RM6.20 ...8 SENG increase to 6 RIAL...PITIH MOLEK...

rr1688

3,170 posts

Posted by rr1688 > 2022-03-31 13:16 | Report Abuse

REAL ESTATE company chinhin share price increase 813 % from rock bottom...2022 year of inflation stocks...REAL ESTATE is the BEST hedge against inflation...KANGER is in REAL ESTATE now...REAL ESTATE company mcdonald's target share price amid strong demand increase to usd306 ...KANGER target price usd30 ...to the STAR...

rr1688

3,170 posts

Posted by rr1688 > 2022-03-31 13:19 | Report Abuse

enjoy my drinks at batu feringi beach penang...best place to live in asia...voted by travel awaits travel magazine...MALAYSIA REAL ESTATE got REAL VALUE...

rr1688

3,170 posts

Posted by rr1688 > 2022-03-31 13:20 | Report Abuse

BUY...BUY...BUY...HOLD n PUSH UP the price...KANGER fair value RM0.19 X 750 % = RM1.43

YoongGer

193 posts

Posted by YoongGer > 2022-03-31 14:00 | Report Abuse

B40 hahahahah people no money buy laptop ?

Posted by pearlcapital > 2022-03-31 15:46 | Report Abuse

Kanger to dispose of Chinese bamboo floor firm for RM20m

KUALA LUMPUR (March 28): Kanger International Bhd is disposing of China-based bamboo flooring company Ganzhou Kanger Industrial Co Ltd for 30.22 million yuan (RM20 million), as it seeks to streamline its business to focus on the construction business.

In a filing with Bursa Malaysia, Kanger said the group has entered into a deal to sell its 100% stake in the Chinese company to Zeng QinHu. Zeng, 69, is a Chinese national involved in the business of project investment.

Posted by pearlcapital > 2022-03-31 15:47 | Report Abuse

Kanger said the disposal is in line with its objective of streamlining its businesses to focus on the construction segment, as well as to unlock the value and monetise Kanger's investment in Ganzhou Kanger group of companies.

The disposal, it added, is expected to help reduce Ganzhou Kanger group of companies’ debt, which stands at 63.44 million yuan (RM41.53 million).

It is also expected to reduce Kanger’s gearing from 0.13 times to 0.05 times.

rr1688

3,170 posts

Posted by rr1688 > 2022-03-31 15:59 | Report Abuse

uptrend trending as expected...BUY...BUY...BUY...HOLD n PUSH UP the price...

rr1688

3,170 posts

Posted by rr1688 > 2022-03-31 16:02 | Report Abuse

KANGER fair value...RM0.19 X 750 % = RM1.43 ...

MZM2511

4,452 posts

Posted by MZM2511 > 2022-03-31 16:06 | Report Abuse

@BILLC... Just for you...
-----------
Stock: [KANGER]: KANGER INTERNATIONAL BHD

Mar 2, 2022 12:56 PM | Report Abuse

JJPTR

MZM2511, you dont sound like one loosing huge amount of money.
still happily cut lost yesterday.
my guess you are toooo well verse with the Kanger financial.
i dont believe you lost money.
--------------
1. I'm happy??? No. I am really mad at the stock killers who kill my invested counter. Therefore I retalite back.
Anyway I still have some WB to protect. Or maybe I will buy back the mother share if I feel it's at a good
price.

2. I did some study. By the way I have education in accounting.

BILLC

2,032 posts

Posted by BILLC > 2022-03-31 16:36 | Report Abuse

Agent 2511 been promoted this cap ayam from 60 to 8 sen now,,didn’t he feel ashamed??

Posted by shavemyfurm > 2022-03-31 16:51 | Report Abuse

B40 no need sell kakak punya emas, buy kanger or find some quality stock. Masa limit up. Boleh beli laptop

Posted by shavemyfurm > 2022-03-31 16:52 | Report Abuse

hahaha, joking joking. Anyhow by value, kanger is undervalued, just that need sometime to restructure the whole thing

MZM2511

4,452 posts

Posted by MZM2511 > 2022-03-31 16:59 | Report Abuse

BILLC
Agent 2511 been promoted this cap ayam from 60 to 8 sen now,,didn’t he feel ashamed??
--------
And you still here at the said con company.... What the ....

But, you have a business here:

...... As claimed by Mikeycc: stockraider aka id :

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

.... 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.

MZM2511

4,452 posts

Posted by MZM2511 > 2022-03-31 17:35 | Report Abuse

JUST A REMINDER....

The gang of speculating spammers including JJPTR and BILLC are still interested to badmouth on this counter..... That makes me feel THAT "THEY ARE STILL INTERESTED TO BUY IN THIS COUNTER'S SHARES" but their targeted price (lowest price) for this counter not yet achieved....

awesome20

1,184 posts

Posted by awesome20 > 2022-03-31 18:21 | Report Abuse

bamboo disposal would be good

Post a Comment
Market Buzz