KANGER INTERNATIONAL BERHAD

KLSE (MYR): KANGER (0170)

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Last Price

0.04

Today's Change

0.00 (0.00%)

Day's Change

0.04 - 0.045

Trading Volume

63,200


15 people like this.

32,328 comment(s). Last comment by OKU_2020 2 days ago

MZM2511

4,553 posts

Posted by MZM2511 > 2023-11-06 16:55 | Report Abuse

Posted by tklim > Several days ago | Report Abuse

TWO POSSIBILITIES .....

IF KANGER WANTS TO GO NORTH.......

BUY 0.17
Target1: 0.19
Target2: 0.22
Target3: 0.27
Target4: 0.3

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

IF KANGER WANTS TO GO SOUTH....

SELL 0.13
Target1: 0.11
Target2: 0.1
Target3: 0.07
Target4: 0.03


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

PLEASE TAKE NOTE THAT THE OPERATOR CAN SHORT KANGER BECAUSE THEY ARE HOLDING THE STOCKS....THEY CAN PUMP UP AND PUMP DOWN...

FIRST ROUND THE OPERATOR PUMP DOWN
SECOND ROUND THE OPERATOR PUMP UP

THIRD ROUND PUMP UP OR PUMP DOWN.....GOOD LUCK😎

MZM2511

4,553 posts

Posted by MZM2511 > 2023-11-06 17:00 | Report Abuse

I'm still half in half out... Still monitoring where the price will go.. North or south...
Ready to reenter if the price is confirms to go north.... TAYOR

MZM2511

4,553 posts

Posted by MZM2511 > 2023-11-06 17:02 | Report Abuse

11.5 sen was the last resistant and should be the new support ????????

MZM2511

4,553 posts

Posted by MZM2511 > 2023-11-06 17:05 | Report Abuse

Can it be a jumping stone to break the next resistant which is 15 sen ?????

TCH1186

910 posts

Posted by TCH1186 > 2023-11-06 22:27 | Report Abuse

Im monitoring this stock but still no ball to jump in. O.o

M55555

1,098 posts

Posted by M55555 > 2023-11-06 22:39 | Report Abuse

every 3 cents jump in and jump out. Need to jump 20X to earn back RM0.60 breakeven. Better than no chance to jump

MZM2511

4,553 posts

Posted by MZM2511 > 2023-11-06 23:01 | Report Abuse

Do not believe in it, then find another good counter!!!! It's free to make own decision...

Believe it, than make something.... For example some investors whom being trapped before consolidation have done their topup at lower prices. The average cost of their share holding should be lower than 60 sen....

Posted by de_investor > 2023-11-07 00:35 | Report Abuse

Wil break new high

OKU_2020

4,867 posts

Posted by OKU_2020 > 2023-11-07 08:14 | Report Abuse

TK Lim @
KANGER TO GO SOUTH....
SELL 0.13
Target1: 0.11
Target2: 0.1
Target3: 0.07
Target4: 0.03
------
Noted...agreed thru ??..

PUMPING to entice innocent newbies ...hmm oso oldbies
and DUMPING - knife /parang out to suck the juicy angpows $$$$$

Final destination ?.....Yesss ..remained - to Holland / RIP @ Rest In Peace 3 sen

Posted by whistlebower99 > 2023-11-07 08:45 | Report Abuse

MZM is very active again.
Trade cautiously, set realistic targets
Uptrend will change to downtrend
Monitor directors plan to raise more funds via shares issuance to PP, ESOS and asset acquisition
Can directors bring in profits for the quarters
Check how directors utilise company fund

MZM2511

4,553 posts

Posted by MZM2511 > 2023-11-07 09:27 | Report Abuse

Still no news. The incoming QR report will be released this month.
I think it should be at least a reason for the insiders/operators to pump the share price....

4 days ago

MZM2511

4,553 posts

Posted by MZM2511 > 2023-11-07 09:27 | Report Abuse

Just based on my observation:

1. Kanger has done a lot of restructuring including selling companies in the People's Republic of China which involved in bamboo manufacturing and trading.
Several quarters the company recorded a lot of losses . Its should be among the factors that caused the share price to be in a downtrend until it fell to the floor level of 3-4 sen .
The subsidiary disposal process in China has been completed , and I expect that in the next quarter there will be no more loss pressure from subsidiary disposal losses and impairment costs incurred as before .

2. The consolidation made by the company gave strength to the company's account / financial position . Especially to overcome the problem of losses during the structuring / disposal of subsidiaries. Even now , after restructuring , NTA can still be at a level of 40 sen plus.

It can be a buffer even if the company has to suffer operating losses in the next few quarters .

3. Prospects from the purchase of Antara @ Genting condo assets that may generate profits in the future.

4. The profit prospects from trading construction material through Sung Master's, the company subsidiary.

5. The cost of holding Kanger's share by insiders is high , for example those who subcribed RI at a price of 6 sen actually bear the actual cost of 60 sen per share ( after consolidation ).

With that scenario , if they want to exit even from Kanger counter , the logic is that the stock price needs to be increased first to reduce the loss of their probable stock disposal.

Therefore my TARGET ,,,, the share price can reach a price of more than 60 sen ( The time frame factor is difficult to be noted).

6. Rumors that suggest there may be a party that might take over Kanger , to me are logical and possible. The take over also can be done by certain new investors subscribing private placement shares.

Be Careful... and Trade At Your Own Risks!

OKU_2020

4,867 posts

Posted by OKU_2020 > 2023-11-07 09:35 | Report Abuse

Beware....
Bursa overall market / sentiment getting Kaput
US economics sanction ?...pergghhh

OKU_2020

4,867 posts

Posted by OKU_2020 > 2023-11-07 11:01 | Report Abuse

Fasten our seat belt..
Tsunami Warning..!..

MZM2511

4,553 posts

Posted by MZM2511 > 2023-11-07 11:20 | Report Abuse

Thanks@tklim

rainman777

1,345 posts

Posted by rainman777 > 2023-11-07 11:25 | Report Abuse

Hahahaha I better put my money here hahahaha don't get distracted by them??? Wakaka

BE_GREEEEEDY

1,834 posts

Posted by BE_GREEEEEDY > 2023-11-07 12:22 | Report Abuse

rotikong@
MZM always negative
,++++++++
Warren Buffett >> BE. GREEEEEEEDY when others are SHIVERINGG
= SURE ONE = $$$$$

MZM2511

4,553 posts

Posted by MZM2511 > 2023-11-07 12:29 | Report Abuse

@JJPTR. Even Mr Sii Tung Nai don't know about operators plan. He disposed the shares at the midle of uptrend.

As the price is @ more than 10 sen, any proposal for PP or ESOS should be set at more than 6 sen.

OKU_2020

4,867 posts

Posted by OKU_2020 > 2023-11-07 14:11 | Report Abuse

US sanctions: M'sia does not recognise unilateral decision, says PM
Hariz Mohd & Alyaa Alhadjri
Published: Nov 7, 2023 10:52 AMUpdated: 12:19 PM
---------
Pergghhhh

Konnichiwa

226 posts

Posted by Konnichiwa > 2023-11-07 14:49 | Report Abuse

Opps

OKU_2020

4,867 posts

Posted by OKU_2020 > 2023-11-07 15:38 | Report Abuse

Tsunami Alert is ON
Fasten our seat belts

OKU_2020

4,867 posts

Posted by OKU_2020 > 2023-11-07 15:52 | Report Abuse

Dabgerouss / Critical now....
Pray hard

ChloeTai

1,452 posts

Posted by ChloeTai > 2023-11-07 16:00 | Report Abuse

KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.

In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.

OKU_2020

4,867 posts

Posted by OKU_2020 > 2023-11-07 16:10 | Report Abuse

S.O.S......S.O.S Mayday...!
999
Many in Hot Tomyam
Tsunami Warning is ON

OKU_2020

4,867 posts

Posted by OKU_2020 > 2023-11-07 16:25 | Report Abuse

further torchering......!

MZM2511

4,553 posts

Posted by MZM2511 > 2023-11-07 16:30 | Report Abuse

Do not believe it, then make decisions as suggested by OKU_2020.

He is owning so many shares in Kanger, therefore he always advice newbies not to invest in Kanger. So do wistlebower99. He He He.

TAYOR

Konnichiwa

226 posts

Posted by Konnichiwa > 2023-11-07 16:54 | Report Abuse

Oops

BE_GREEEEEDY

1,834 posts

Posted by BE_GREEEEEDY > 2023-11-07 17:32 | Report Abuse

de_investor@
Wil break new high
-------
BE GREEEEEEDY $$$$$

Posted by de_investor > 2023-11-07 18:00 | Report Abuse

Heheee....
..not happen...

Winer21

913 posts

Posted by Winer21 > 2023-11-07 18:08 | Report Abuse

It's will flying soon . Hahaha wait and see
...

Winer21

913 posts

Posted by Winer21 > 2023-11-07 18:09 | Report Abuse

Confirm double . Hihihi

BE_GREEEEEDY

1,834 posts

Posted by BE_GREEEEEDY > 2023-11-07 18:14 | Report Abuse

finger crossed $$$$$
flush out weak holders
TP 50 SEN
#BeGREEEEDY

Konnichiwa

226 posts

Posted by Konnichiwa > 2023-11-07 18:21 | Report Abuse

Kanger buy another 15 units Genting condo from Aset Kayamas for RM20 million. What? I thought that Genting Condo all units sold out? PP or RI coming I think.

Konnichiwa

226 posts

Posted by Konnichiwa > 2023-11-07 18:29 | Report Abuse

Kanger no money dy. Can issue shares to AK for settlement? Tan Sri ok?

MZM2511

4,553 posts

Posted by MZM2511 > 2023-11-07 20:14 | Report Abuse

The news out....... It will be sell on news as always, or buy on news as what happened to Edaran today.....

I'm still monitoring... Didn't buy nor sell.......

BE_GREEEEEDY

1,834 posts

Posted by BE_GREEEEEDY > 2023-11-07 20:39 | Report Abuse

Kanger acquires another 15 units of Antara Genting Highlands Resort Suites for RM19.8m
By Emir Zainul / theedgemalaysia.com
07 Nov 2023, 07:03 pm
Potential $$$$$ immediate TP 20 sen

Posted by whistlebower99 > 2023-11-07 21:02 | Report Abuse

Kanger directors can raise more fund via share issuance to PP. ESOS or seller
Old tricks remain the same
NOSH will continue to rise to BILLION shares
Shareholders equity % and EPS will be massively diluted

Posted by whistlebower99 > 2023-11-07 21:12 | Report Abuse

KANGER INTERNATIONAL BERHAD

Particulars of substantial Securities Holder
Name MISS CHAI WOON YUN

Nature of interest Direct Interest
Direct (units) 33,450,000
Direct (%) 5.594

==========
Proxy of Asset Kayamas?

BE_GREEEEEDY

1,834 posts

Posted by BE_GREEEEEDY > 2023-11-07 21:15 | Report Abuse

Normally must pump-goreng the price up before PP , ESOS

MZM2511

4,553 posts

Posted by MZM2511 > 2023-11-07 21:15 | Report Abuse

@wistlebower99 and OKU_2022 supposely holding so many shares in Kanger, therefore they always advice newbies not to invest in Kanger.

TAYOR

Posted by de_investor > 2023-11-07 21:29 | Report Abuse

2 moro..jump..hahaa

MZM2511

4,553 posts

Posted by MZM2511 > 2023-11-07 21:31 | Report Abuse

@wistlebower99. Please check your info.
Based on Kanger Annual Report 2022, Miss Chai Woon Yun - NOT EVEN IN THE LIST OF 30 LARGEST SHARE HOLDERS.....

LIST OF 30 LARGEST SECURITIES ACCOUNT HOLDERS (BASED ON THE RECORD OF DEPOSITORS)

1. Sii Tung Nai 50,583,903 8.39
2. Quah Seik Lee 29,375,890 4.87
3. Merry Noel Robert 20,037,760 3.32
4. M & A Nominee (Asing) Sdn Bhd
- Exempt an for Sanston Financial Group Limited
20,010,000 3.32
5. Choi Khai Chean 13,750,000 2.28
6. CGS-CIMB Nominees (Tempatan) Sdn Bhd
- Pledged securities account for Lee Chong Choon (MP0553)
11,500,000 1.91
7. Kenanga Nominees (Asing) Sdn. Bhd.
- Leng Xingmin
7,694,209 1.28
8. Web City Sdn. Bhd. 7,499,960 1.24
9. Ace Edible Oil Industries Sdn. Bhd. 6,000,000 0.99
10. Choi Lai Yee 6,000,000 0.99
11. Lee Chong Choon 5,218,100 0.87
12. M & A Nominee (Tempatan) Sdn. Bhd.
- Pledged securities account for Soh Choh Piau (M&A)
4,257,200 0.71
13. Ong Chin Kang 4,200,000 0.70
14. Ng Hon Kee 3,429,300 0.57
15. Kenanga Nominees (Asing) Sdn. Bhd.
- Hong Kong Huanshiqu Finance Investment Limited
3,403,703 0.56
16. Kenangan Nominees (Tempatan) Sdn. Bhd.
- Rakuten Trade Sdn. Bhd. for Kenneth Hooi Chi-Kin
3,215,000 0.53
17. Lim Poh Fong 3,001,800 0.50
18. CGS-CIMB Nominees (Asing) Sdn. Bhd.
- Exempt an for CGS-CIMB Securities (Hong Kong) Limited (Foreign Client)
3,000,000 0.50
19. Kenanga Nominee (Asing) Sdn. Bhd.
- Nie Hui
2,942,800 0.49
20. Lay Sook Hwey 2,800,000 0.46
21. AllianceGroup Nominees (Tempatan) Sdn. Bhd.
- Pledged Securities Account for Tan Lian Hong
2,695,500 0.45
22. Koh Soh Hong 2,325,000 0.39
23. Teo Seow Wah 2,310,000 0.38
24. Tan Lee Kock 2,090,000 0.35
25. Chia Hooi Liang 2,000,000 0.33
26. Koh Boon Poh 2,000,000 0.33
27. Ong Yeng Tian @ Ong Weng Tian 2,000,000 0.33
28. RHB Capital Nominees (Tempatan) Sdn Bhd
- Yong Loy Huat
2,000,000 0.33
29. Affin Hwang Nominees (Asing) Sdn Bhd
-Exempt an for Phillip Securities (Hong Kong) Ltd
1,848,300 0.31
30. Syed Sirajuddin Putra Jamalullail 1,805,007 0.30

MZM2511

4,553 posts

Posted by MZM2511 > 2023-11-07 21:36 | Report Abuse

@wistlebower99. Don't "SEMBANG KARI".... for the sake of naysaying certain counter....
You are a smart white knight for newbies..... But don't be like OKU_2020, which only akan GONCANG POKOK, tak kira pokok itu berbuah atau tidak....

Posted by whistlebower99 > 2023-11-08 00:49 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3239819

MZM, please check if annual report purposely leave out the name or her disposal was not declared and announced?

MZM2511

4,553 posts

Posted by MZM2511 > 2023-11-08 06:03 | Report Abuse

@wistlebower99.
MZM, please check if annual report purposely leave out the name or her disposal was not declared and announced?
-------------
The annual report is a legally bound material. Purposely leave out the name is the crime by any BOD.

MZM2511

4,553 posts

Posted by MZM2511 > 2023-11-08 06:11 | Report Abuse

@wistlebower99. Look at this announcement on 3 Mac 20222. Miss Chai Woon Yoon has been cheasing to be substantial share holder on 28 Feb 2022 (means she holds less than 5% shareholding).

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3239820

---------
After not be a substantial shareholder, she can sell even all of her shares without legally bound to annouce it at BURSA.

Another situation also could happen to Sii Tung Nai. He already not a substantial shareholder, therefore it's normal if he already disposed all of his shares in Kanger...

fl888

7,752 posts

Posted by fl888 > 2023-11-08 08:45 | Report Abuse

Both Chai & Sii are related to Sung MASTER

MZM2511

4,553 posts

Posted by MZM2511 > 2023-11-08 08:59 | Report Abuse

Thanks @tklim... Cheers

BE_GREEEEEDY

1,834 posts

Posted by BE_GREEEEEDY > 2023-11-08 09:01 | Report Abuse

ATTACCKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK !!
COMINGGGGG $$$$$

BE_GREEEEEDY

1,834 posts

Posted by BE_GREEEEEDY > 2023-11-08 10:56 | Report Abuse

remained solid rock $

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