Posted by rainman777 > 2023-10-12 15:01 | Report Abuse

Hahahaha walao eh,my drink smell good, Wakaka

Posted by anisbin > 2023-10-12 15:04 | Report Abuse

Wow... Touched 12 sen... If breaks 12.5 sen,fly higher lo...❤️

Posted by rainman777 > 2023-10-12 15:04 | Report Abuse

Hahahaha u main guli guli lah,bukan main saham lah ,ketawa sahaja Wakaka

Posted by rainman777 > 2023-10-12 17:20 | Report Abuse

Hahahaha konnichiwa happy hour mari lah,i beli drink untuk u hahahaha ada satu lagu untuk u,my way by Frank Sinatra enjoy relax , Wakaka

Posted by Konnichiwa > 2023-10-12 18:06 | Report Abuse

Hahaha enjoy karaoke

Posted by rainman777 > 2023-10-12 18:20 | Report Abuse

Hahahaha konnichiwa mari lah I belanja u nice food, Wakaka

Posted by Konnichiwa > 2023-10-13 09:16 | Report Abuse

I mau order Chef Gordon Ramsay punya beef wellington boleh ka?

Posted by Peace99 > 2023-10-13 11:00 | Report Abuse

@MZM2511 Greetings! It's has been awhile!!
I think you have the numbers handy....can you remind us for the Genting condo, how much per unit Kanger bought? The housing price in Singapore has gone banana: with 1room, 2room condo fetching 1.4 to 1.8mil sgd. Some above average Singaporean uncles aunties can't stand the haze might decide to buy up one "cheap-cheap" Kanger condo as year-long summer home to enjoy their retirement!

Posted by MZM2511 > 2023-10-13 11:36 | Report Abuse

@Peace99.
Acquired 126 units of service apartments at Antara @ Genting Highlands for RM142.87 million. Average cost per unit RM1.13 million.

Posted by MZM2511 > 2023-10-13 11:59 | Report Abuse

The Subject Properties entails 126 units of proposed serviced apartments located on
the 30th to 45th floors of Tower A, Antara @ Genting Highlands. Antara @ Genting
Highlands, which is currently being developed by AKSB, is an on-going residential
development consisting of 4 towers with 1 floor of commercial/ retail space, 1 floor
dedicated to a convention hall and 3 floors of common amenities and facilities, atop a
10 storey car park podium situated on a piece of freehold land held under Title No.
GRN 45572 (formerly HSD 18603), Lot 43031 (formerly PT 23923), Mukim and District
of Bentong, Pahang Darul Makmur.

Posted by fl888 > 2023-10-13 12:25 | Report Abuse

Possible disposal of 126 units for RM142.87 million or more will be good for Kangar to venture into Sung Master businesses

Posted by Peace99 > 2023-10-13 12:31 | Report Abuse

@MZM2511 Thank you for the prompt reply! Just to confirm, is it 126 units sekali , atau dua kali? Dua kali means 126x2= 252 units in total?

Posted by MZM2511 > 2023-10-13 12:39 | Report Abuse

1 x sahaja. Saya pos dua kali apabila ambil sumber text yang berlainan. Maaf.

Posted by Peace99 > 2023-10-13 21:54 | Report Abuse

Thank you. Am expecting it to continue its upward trends.
Tower A, B, C fully sold out....now left with Tower D.
https://www.antaragenting.net/

Posted by Peace99 > 2023-10-13 21:54 | Report Abuse

Thank you. Am expecting it to continue its upward trends.
Tower A, B, C fully sold out....now left with Tower D.
https://www.antaragenting.net/

Posted by Peace99 > 2023-10-13 21:54 | Report Abuse

Thank you. Am expecting it to continue its upward trends.
Tower A, B, C fully sold out....now left with Tower D.
https://www.antaragenting.net/

Posted by anisbin > 2023-10-14 09:57 | Report Abuse

Dulu kanger ni counter oil kan? Skrng X pasti kanger ni meniaga apa sebenarnya... Masih ada oil business ke?

Posted by rainman777 > 2023-10-14 13:02 | Report Abuse

Hahahaha satu bulan lebih sikit sudah naik 300per cent,walloa eh Wakaka

Posted by MZM2511 > 2023-10-14 15:01 | Report Abuse

Kanger involves in
1. manufacturing and trading (construction materials)
2. project management services.
3. trading of medical and healthcare products
4. Construction works

Posted by MZM2511 > 2023-10-14 15:05 | Report Abuse

Hahahaha satu bulan lebih sikit sudah naik 300per cent,walloa eh Wakaka
----------
Sudah lama sangat dia downtrend.
Mungkin sudah capai dan berada pada harga lantai 3-4 sen cukup lama.
Uptrend lah pulak.. He He He

Posted by OKU_2020 > 2023-10-14 15:16 | Report Abuse

got to THROWWWWW cold water
most likely MOM Kanger to REWIND to 3 sen , WB to COFFIN half sen

Posted by OKU_2020 > 2023-10-14 16:34 | Report Abuse

hmmm...spicy lesson from Nexgram / Mtronic
pergghhh

Posted by MZM2511 > 2023-10-14 16:45 | Report Abuse

yalah OKU_2020!!! Untuk saya Nexgram dan Bornoil.
Cuma, harap-harap bukan semua kaunter sama keadaannya.

Posted by rainman777 > 2023-10-14 17:50 | Report Abuse

Hahahaha ini oku pity pity dia hanya tau main guli guli shj,alamak lagi blur blur ada wang tak mau la hahahaha macam tai lin gong, Wakaka ketawa

Posted by OKU_2020 > 2023-10-15 09:09 | Report Abuse

Game to be OVER very SOON .....
Be prepared ......

Posted by micheal42 > 2023-10-15 11:32 | Report Abuse

Boys and girls , Good morning. The time has arrived for the men ( women too ) to hold on to what they are holding and the boys ( girls too ) to sell off and leave this stage.

The Kanger boat is entering "rough " waters and its time for the men to separate themselves from the boys. Goodluck.

Posted by MZM2511 > 2023-10-15 12:25 | Report Abuse

Michael Kwok

Kanger 11 cents
Resistance 11.5 cents then talk of passing 15 cents
12/10/23 1.20pm
**by the way got over 155 followers.

2 days ago

Posted by rainman777 > 2023-10-15 13:44 | Report Abuse

Hahahaha ketawa ini OKU sudah desperate liao mau beli @3ct bukan 2ct kah hahahaha gila punya orang hari hari cakap tak masuk akal punya.

Hahahaha dia bising bising shj I ada pocket money tambah shj, ketawa shj Wakaka

Posted by OKU_2020 > 2023-10-15 17:21 | Report Abuse

Just a friendly reminder to those got burnt@slaughtered by NEXGRAM / BORN-GONE OIL / MTRONIC due to day dreaming of hitting RM 1 ( for NEXGRAM )....Don't forget to LOCK our hard found KANGER angpows B4 it's too late.,...BTW..
OKU = Otai Kuat Umno = O K U since 2020.,...Kih Kih kihhh

Posted by Patience99 > 2023-10-15 20:25 | Report Abuse

@mzm happy trading in kanger. From your accounting knowledge, how much is kanger overall net debts at the moment? If 126 units condominiums at rm1.5 million worth rm189 million. Thanks. Mind post in English in future

Posted by kyliew > 2023-10-15 20:29 | Report Abuse

Most likely the ending will be like KNM. U look at the KNM chart... In few more weeks months Kanger will back to normal 6sen

Posted by MZM2511 > 2023-10-15 22:31 | Report Abuse

@Kyliew. You are comparing Kanger with a different company with a different sector/industry of businesses , different size of share numbers and different "political drama" concerning its shareholding among its shareholders. Anyways, KNM is a PN17 company but Kanger is not... He He He

Posted by MZM2511 > 2023-10-15 22:32 | Report Abuse

@Patience. Based on QR5 2023:
Net Debt Ratio.
Net Debt = Gross Debt – Cash and Cash Equivalents
= (Current liabilities + Non-current liabilities) - Cash and cash equivalents
= (RM48,619,000 + RM2,364,000) - RM621,000
= RM50,983,000 - RM621,000
= RM50,362,000. (Be noted that the investments value including the Genting condo is not accounted as the company’s cash equivalent because its classified under Investment properties (non-current assets).
The net debt value is positive. A positive net debt implies that Kanger possesses lack of cash and cash equivalents than its financial obligations, and hence is more financially unstable. The problem concerning its lack of cash and cash of equivalent also will dampen company’s ability in its operational expanses. Therefore, I rather suggest that one of the possibility for the company to seek for more funding such as by exercising RI or private placement.
Private placement may give a result which there will be a new shareholders invited in the company. The company also could do some divestments of its investment, such as the Genting condo if necessary.
However, the net debt metric should not be used alone to determine a company’s financial health. It should be used in conjunction with other liquidity and leverage ratios such as the current ratio, quick ratio, debt ratio, debt-equity ratio, etc.

Kangers’s Current Ratio
For example we can calculate Kanger's current ratio. The current ratio is a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year. It tells investors and analysts how a company can maximize the current assets on its balance sheet to satisfy its current debt and other payables. Kangers' current ratio is current assets - current liabilities = RM141,171,000 / RM48,619,000 = 2.90.
The value is more than 1.0, therefore we can simply say that it's OKAY. (Be noted that while a current ratio is greater than 1.00 indicates that the company has the financial resources to remain solvent in the short term).

Kanger’s Debt Ratio
We can determine Kanger's debt ratio. Kangers's debt ratio = Total debt / Total assets = RM50,983,000 RMRM343,925,000 = 0.14 (means 14%).

The debt ratio is a measure of financial leverage. A company that has a debt ratio of more than 50% is known as a "leveraged" company. As Kanger’s debt ratio is only at 14%, we can simply say that it’s good. Its debt ratio is lower than its equity ratio. It means that the business uses less of debt to fuel its funding.

Anyways, there are more ways to evaluate the company’s financial performances..... TAYOR

Posted by MZM2511 > 2023-10-15 22:54 | Report Abuse

Also we can evaluate Kanger current ratio.
The current ratio, also known as the working capital ratio, measures the capability of a business to meet its short-term obligations that are due within a year.
Kanger current ratio = Current Assets / Current Liabilities = RM141,171,000 / RM48,619,000 = 2.9 (means 2.9 X).

The business currently has a current ratio of 2.9, meaning it can easily settle each Ringgit Malaysia on loan or accounts payable nearly thrice. A rate of more than 1 suggests financial well-being for the company.

Posted by Patience99 > 2023-10-15 23:00 | Report Abuse

@Mzm thanks for your detailed explanation. Wish all kangerian good luck, smooth sailing and slowly fly into the sky

Posted by OKU_2020 > 2023-10-15 23:37 | Report Abuse

@kyliew
Most likely the ending will be like KNM. U look at the KNM chart... In few more weeks months Kanger will back to normal 6sen
-------
Possible back to square one @ 3 sen
OR to be another Mtronic ? can't rule out this
from a high almost 40 sen , sinking to 1 sen.....Mtronic Warrant fom nearly 40 sen to coffin half sen..
BEWARE...!!
beware of this super cheap PENNY Geng...!

Posted by MZM2511 > 2023-10-16 00:00 | Report Abuse

@Patience99. You're welcome. Hope Kanger at least will be like Yongtai.... He He He.

Posted by rainman777 > 2023-10-16 09:26 | Report Abuse

Hahahaha I punya coffee smell good tengok Kanger naik lagi hati lagi cantik, Wakaka

Posted by OKU_2020 > 2023-10-16 09:37 | Report Abuse

market in dangerous mode....
be prepared

Posted by OKU_2020 > 2023-10-16 10:14 | Report Abuse

KABOOOOOOMM ?......
GAME OVER ? pergghhh

Posted by MZM2511 > 2023-10-16 11:33 | Report Abuse

Did OKU_2020 ever hold any Kanger shares???
Anyways, lately Kanger continued to be in uptrend.... Hope it will continue in uptrend mode.

Posted by rainman777 > 2023-10-16 12:27 | Report Abuse

Hahahaha OKU,uncles aunties sudah book table for lunch mari I belanja u makan sedap punya, Wakaka

Posted by anisbin > 2023-10-16 12:42 | Report Abuse

OKU ma... Org kurang upaya...😂

Posted by OKU_2020 > 2023-10-16 13:27 | Report Abuse

BTW.....kih kih kihh
O K U = Otai Kuat Umno = O K U since 2020

Posted by OKU_2020 > 2023-10-17 09:40 | Report Abuse

GAME to be OVER very soon
beware..!!

Posted by OKU_2020 > 2023-10-17 10:00 | Report Abuse

Losing Steam & Kaput-ing

Posted by MZM2511 > 2023-10-17 10:03 | Report Abuse

Anyways, lately Kanger continued to be in uptrend.... Hope it will continue in uptrend mode.

Posted by MZM2511 > 2023-10-17 10:08 | Report Abuse

Why bring Netx, KNM or Mtronic here???? Are the insider or management the same group of people????

Posted by MZM2511 > 2023-10-17 10:16 | Report Abuse

Please tell us what should be the reason/s for the price of Kanger shares uptrending from the floor price 3 sen to 12.5 sen....
Rather than just talk negatively, we are happy to discuss any idea from our friend. He He He

Posted by SALAM > 2023-10-17 11:29 | Report Abuse

Cross up , I buy.........Cross down, I sell........Save the energy for sound sleep.....No need to both rumours/news/guesswork...................