Posted by rainman777 > 2023-11-09 13:02 | Report Abuse

Hahahaha relax ,jangan bimbang lunch mesti mau makan, Wakaka

Posted by BE_GREEEEEDY > 2023-11-09 13:49 | Report Abuse

BILLC@
Kampong candle meaning boh chow ccc,,,,,heading towards Holland in no time,,,,,all became sotong keringggggg,,,,wakakaka,,,,
------
hell0 how about your old fashioned grandma@kampong candle ?
my modern AI showing - reversal / u turn to uptrend $$$$$
A must GRABB Call now
#BeGREEEEEEEEDY=$$$$$

Posted by BE_GREEEEEDY > 2023-11-09 14:32 | Report Abuse

COMINGGGGGGGGGGGGGGGGGGGGGGGGGGG $$$$$$$$

Posted by Konnichiwa > 2023-11-09 16:13 | Report Abuse

You probably need to check your AI model. You dont need AI to identify this is a down trend bro

Posted by BE_GREEEEEDY > 2023-11-10 10:14 | Report Abuse

starting engine
DIWALI angpows.
#BeGREEEEEDDY=SSSSS

Posted by whistlebower99 > 2023-11-10 15:22 | Report Abuse

Downtrend likely to continue into next week

Posted by BE_GREEEEEDY > 2023-11-10 18:01 | Report Abuse

SOLID ROCK Closing
Under healthy Accumulation for NEXT MORE FIERCE & FURIOUS UP Momentum $

Immediate TP 20 sen , Long term TP 50 sen
#BeGREEEEEEEEDY=$$$$$

Posted by Konnichiwa > 2023-11-10 19:50 | Report Abuse

Lol

Posted by de_investor > 2023-11-10 20:54 | Report Abuse

Kept already 4 sell nex year cny rally 2024.
......hahaaa
...

Posted by BE_GREEEEEDY > 2023-11-10 23:13 | Report Abuse

Yesss CNY rally coming...just 2 -3 months away
TP JACKPOT 50 SEN NO SWEAT ?
#BeGREEEEEEDY=$$$$$

Posted by Konnichiwa > 2023-11-11 20:51 | Report Abuse

Lol. Now say CNY rally? You probably need to check your AI model. You dont need AI to identify this is a down trend bro

Posted by MZM2511 > 2023-11-11 21:37 | Report Abuse

Stock: [KANGER]: KANGER INTERNATIONAL BERHAD

1 week ago | Report Abuse

I am no chartist....

Only wondering what should be the reason/s for the price of Kanger shares uptrending from the floor price 3 sen to 12.5 sen.... The uptrend, up to yesterday market showed it was planned to be a gradual basis, not a sharp increase in the share price.

3 days ago
-------------
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....

------------->>>>>>>

A news already out ( The proposal to buy another units of Antara Genting condo...)

I think after this another news probably to follow (How to finance the condo acquisition).

Kanger is out of cash, therefore it can't be financed by internal cash.
Whether the company has to do a PP or RCPS or RI or alotting new shares to the seller.

PP, RI and even alotting new shares dependent to the share price (in determining the cash value of fund to be generated to finance the acquisition of condo.

Therefore it was pushed up to make sure the proposal will be a success... TAYOR

Posted by MarioBros > 2023-11-12 11:27 | Report Abuse

MZM2511, most probably PP as they already do RI and conso. But we still dont know yet. But in order to do that they need to push the price first. Maybe there are another rally to push the price to break 0.15 or else, cut loss la

Posted by BE_GREEEEEDY > 2023-11-14 09:03 | Report Abuse

Potential 50 sen ( CNY RALLY ) - next 2 month
Immediate TP 20 sen

Posted by BE_GREEEEEDY > 2023-11-14 09:27 | Report Abuse

START ENGINE $$$$$

Posted by rainman777 > 2023-11-14 09:43 | Report Abuse

Hahahaha walao eh jangan miss man,relax enjoying my nice breakfast at 163, Wakaka

Posted by M55555 > 2023-11-14 11:19 | Report Abuse

No money buy serviced residence apartment condo at Genting ? No worry. Buy Kanger. Still can be said as a owner of a few bricks there.

Posted by BE_GREEEEEDY > 2023-11-14 11:47 | Report Abuse

steady💪

Posted by de_investor > 2023-11-14 14:10 | Report Abuse

Support look @0.08

Posted by BE_GREEEEEDY > 2023-11-14 14:40 | Report Abuse

BREWINGGGG $👌
will be fierce & furious $

Posted by Konnichiwa > 2023-11-14 16:51 | Report Abuse

Lol

Posted by de_investor > 2023-11-14 20:31 | Report Abuse

Waiting for shoot only
..😀hahaaa

Posted by OKU_2020 > 2023-11-15 09:23 | Report Abuse

hmmm....
I am back again with A BOMB
MZM beware....!!

Posted by MZM2511 > 2023-11-15 09:30 | Report Abuse

tklim

IS KANGER GOING FOR ANOTHER ROUND OF SHARE CONSOLIDATION

AND RIGHT ISSUES?????

ANY INFO???? ANYBODY???
------------
Idont think so. PP, ESOS, RCPs or RI are possible..

Posted by MZM2511 > 2023-11-15 09:30 | Report Abuse

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 .

Posted by MZM2511 > 2023-11-15 09:32 | Report Abuse

1 month ago | 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 > 2023-11-15 09:35 | Report Abuse

Thanks.. @tklim...

Posted by MZM2511 > 2023-11-15 10:47 | Report Abuse

For me.... Waiting for the incoming quaterly result as a consideration....

Posted by MZM2511 > 2023-11-15 10:48 | Report Abuse

... Just at the end of this month

Posted by whistlebower99 > 2023-11-15 11:16 | Report Abuse

FOR MZM

The Board of Directors of Kanger wishes to announce that its wholly-owned subsidiary, namely KIB Global Resources Sdn Bhd, had on 7 November 2023 entered into a Sale and Purchase A greement ("Agreement") with Aset Kayamas Sdn Bhd (“Aset Kayamas” or “Developer”) for the proposed acquisition of 15 units of serviced apartments located at Block A, ANTARA, GENTING HIGHLANDS, sited on a piece of freehold land held under title no. GRN 45572 , Lot 43031, Mukim Bentong, Daerah Bentong, Negeri Pahang from the Developer for a total purchase consideration of RM19,770,000.00, with details provided herein, subject to the terms and conditions of the Agreement ("Proposed Acquisition").

Further details on the Proposed Acquisition are set out in the attachment enclosed.

This announcement is dated 7 November 2023.

===============
6.1 The parties agree that the total consideration of all the Purchaser Units is Ringgit
Malaysia Nineteen Million Seven Hundred and Seventy Thousand
(RM19,770,000.00) only (hereinafter referred to as the “Total Consideration
Sum”) which is payable to the Developer in the manner as provided in Annexure
E of the Agreement. The Developer agrees to sell and transfer ownership of the
Purchaser Units to Purchaser and/or its nominees subject to all conditions whether
expressed or implied in the issue document of title of the said Land and subject to
all terms and conditions herein appearing.

================
Please read the full documents of the agreement and let us know how the purchases will be financed

Could it be via massive shares issuance to the seller or to PP to raise more money to hand it to the seller ??

Posted by JAWA 888 > 2023-11-15 11:23 | Report Abuse

bombing price

Posted by MZM2511 > 2023-11-15 11:23 | Report Abuse

Thanks. Wistlebower99. I,m already noted.

Posted by JAWA 888 > 2023-11-15 11:24 | Report Abuse

Cuba 0.050¢ support price

Posted by M55555 > 2023-11-15 11:25 | Report Abuse

Wait for AGM on name change and other issue la....

And already mention in read the agreement item 10..... don't hantam saja la.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=141904&name=EA_GA_ATTACHMENTS
+++++++++++++++
10. FINANCIAL EFFECTS
The Agreement will not have any effect on the issued and paid-up share capital and the
substantial shareholders’ shareholdings of Kanger, as it does not involve any issuance
of new shares in Kanger.
10.1 EARNINGS AND EARNINGS PER SHARE (“EPS”)
Barring any unforeseen circumstances, any distribution agreements that arise from
the Agreement is expected to contribute positively to the future earnings and
earnings per share of the Group over the tenure of the Agreement.
10.2 NET ASSETS (“NA”) AND GEARING
The Agreement is not expected to have any material effects on the NA and
gearing of the Group for the financial year ending 30 September 2024, beyond the
resultant increase in NA arising from any profits made from this venture.

Posted by JAWA 888 > 2023-11-15 11:26 | Report Abuse

Now bid 0.070¢ / 0.075¢ = 0.070¢

Posted by MZM2511 > 2023-11-15 11:57 | Report Abuse

... And already mention in read the agreement item 10..... don't hantam saja la.
...................

If not PP, RI or issuance of shares to the seller, the other possibilities are loan or RCPS.. He He He
...............

Posted by BE_GREEEEEDY > 2023-11-15 13:11 | Report Abuse

Warren Buffett >> BE. GREEEEEEEDY when others in SHIVERINGG
#BeGREEEEEDY💪$$$$$

Posted by Konnichiwa > 2023-11-15 13:50 | Report Abuse

Lol. You are making fun

Posted by OKU_2020 > 2023-11-15 15:06 | Report Abuse

pssttt...this time I am back with a " BOMB "
Beware my fren MZM

Posted by eatsmall > 2023-11-15 16:31 | Report Abuse

SUDAH mati lo..wait 4sen back..

Posted by eatsmall > 2023-11-15 16:37 | Report Abuse

Jom beli paper lama

Posted by Konnichiwa > 2023-11-15 16:53 | Report Abuse

Cut loss, cut ku ku bird

Posted by Michael Kwok > 2023-11-15 17:33 |

Post removed.Why?

Posted by eatsmall > 2023-11-15 18:24 | Report Abuse

2molor monitor CFM..

Posted by Winer21 > 2023-11-15 20:12 | Report Abuse

Very soon 12 cents

Posted by OKU_2020 > 2023-11-15 22:24 | Report Abuse

5 sen is next
MZM 2511 now Birdless ?.....
after cutting own bird as the kanger price keep plummeting

Posted by OKU_2020 > 2023-11-15 23:50 | Report Abuse

" Back to Square One " @ 3 sen ? can't rule out this
see the plummeting price .. hmmm......Mtronic 2.0 ?
NO mercy operator/syndicate - really Killer ..!
something to ponder about
Fasten our seat belts ...expecting further BOMB-ING
Me in BUNKER for couple of days....tactical

Posted by MZM2511 > 2023-11-16 00:08 | Report Abuse

Yesssss.... Ready to reload...... soon.. HE HE HE
Let OKU_2020, goncang pokok... Let us rock.....

Posted by Mar2083 > 2023-11-16 10:14 | Report Abuse

0.055 today
0.06 now
Potentially may push back to 8sen to 10sen soon
Q 5sen buy in can not match
Ha ha

Posted by BE_GREEEEEDY > 2023-11-16 10:28 | Report Abuse

yess...syn/operator to make tons of money $$$$$ when push back to 10 sen +.- we ride on them
#BeGREEEEEEEEDY=$$$$$