Posted by rainman777 > 2023-11-16 13:37 | Report Abuse

Hahahaha ada pocket money tambah loh, Wakaka

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

Wait for 3sen. For average. Heheee🤣😂

Chekai atock😀😀

Posted by BE_GREEEEEDY > 2023-11-16 14:35 | Report Abuse

high time to reload / average $$$$$

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

don't miss the boat $$$$$
top 2 most active vol
uptrend again

Posted by Konnichiwa > 2023-11-16 16:01 | Report Abuse

Hoseh. Later have to cut bird bird

Posted by rainman777 > 2023-11-16 16:32 | Report Abuse

Hahahaha OKU oh OKU alamak macam monyet sibuk sibuk,come out to dance 🩰 hahahaha lepas ini hiding ketawa shj, Wakaka

Posted by Konnichiwa > 2023-11-16 17:52 | Report Abuse

Rainman still here? I thought you happily karaoke with uncles aunties

Posted by rainman777 > 2023-11-16 18:30 | Report Abuse

Hahahaha itu biasa punya mah hahahaha mau relax n enjoy, Wakaka

Posted by BE_GREEEEEDY > 2023-11-17 09:10 | Report Abuse

BREWINGGGG $$$$S

Posted by M55555 > 2023-11-17 10:45 | Report Abuse

Semua lu cakap habis. Siapa tarak tahu ini cerita

Posted by BE_GREEEEEDY > 2023-11-18 10:07 | Report Abuse

rotikong@
MZM always negative
,++++++++
Warren Buffett >> BE. GREEEEEEEDY 💪when others are SHIVERINGG

Posted by rainman777 > 2023-11-18 13:49 | Report Abuse

Hahahaha mana OKU oh OKU talak bising punya, Wakaka

Posted by Konnichiwa > 2023-11-18 16:00 | Report Abuse

Uncle aunty sudah ajak OKU karaoke, today off

Posted by TCH1186 > 2023-11-19 18:51 | Report Abuse

OM NOM NOM NOM

Posted by rainman777 > 2023-11-20 12:20 | Report Abuse

Hahahaha OKU oh OKU lagi ada 3ct kah , ketawa shj Wakaka

Posted by Konnichiwa > 2023-11-20 16:02 | Report Abuse

Rainman. Today uncle aunty ajak where to makan, karaoke? Enjoy

Posted by MarioBros > 2023-11-20 17:18 | Report Abuse

TKLim, you are so generous. This stock going to 0.005sen. The operator will buy very low and will goreng it next year to get fund to buy apartment in Genting. Just relax and wait for it to reach 0.005sen by next month. Can buy and keep until end of 2024 before goreng again

Posted by MZM2511 > 2023-11-20 21:09 | Report Abuse

Let's see. Who is speaking the truth....
More prefer tklim... HE HE HE..

Let's rock$$$$$$$$$$$

Posted by de_investor > 2023-11-20 21:12 | Report Abuse

I suggest..delisted better.. Cekai company n operatir..hahaaa

Posted by MZM2511 > 2023-11-20 21:19 | Report Abuse

Let's see an incoming QR release... End of this month.

Posted by Winer21 > 2023-11-21 06:19 | Report Abuse

Why said 0.005 cents . Its going down 0.000 cents for Mariobros Hahaha. Wait Wait.

Posted by Winer21 > 2023-11-21 06:19 | Report Abuse

Next month 15 cents wait everyone..

Posted by MarioBros > 2023-11-21 08:25 | Report Abuse

De_investor, most probably. Heard from insider the company gonna get PN17 status soon as they out of cash now. Even their owner already dump his shares. This stock is totally control by shark now. Lets wait either it will goreng or just dump before pn17

Posted by MZM2511 > 2023-11-21 08:48 | Report Abuse

@MarioBros. Don't tal kok here. Maybe this guy is the OKU_2020 (With his BOMB lies)..

Do you understand why certain company listed under PN17 or GN3 status???

Posted by MZM2511 > 2023-11-21 08:51 | 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 flatso > 2023-11-21 08:57 | Report Abuse

When people live in wars, they want peace. When people live in peace, they want wars.

Posted by MZM2511 > 2023-11-21 08:57 | Report Abuse

Guys, with an open heart can analyse this:

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 > 2023-11-21 09:15 | Report Abuse

To educate MarioBros..
Be noted that Kanger is an ACE counter.. Its GN3, not PN17.

The GN3 Relief Measures will be available to the listed issuer if it triggers any one of the following criteria under GN3 of the ACE LR ("Suspended Criteria"):-

a) its shareholders' equity on a consolidated basis is 25% or less of its share capital;
b) It has incurred loss in any 1 full financial year (“FY”) commencing on or after its listing, which is equal to or exceed the amount of its shareholders’ equity at the end of the said FY and its shareholders’ equity is equal to or less than 50% of its share capital at the end of the said FY;

c) it has incurred aggregate losses in any 2 consecutive full FYs commencing on or after its listing (“said financial period”)-

(i) which exceed the amount of its shareholders’ equity at the end of the said financial period;

(ii) the loss incurred in the 2nd full FY of the said financial period is 50% or more of the loss incurred in the 1st full FY of the said financial period; and

(iii) its shareholders’ equity is equal to or less than 50% of its share capital at the end of the said financial period;


d) the auditors have highlighted a MUGC or expressed a qualification on the listed issuer's ability to continue as a going concern in its latest audited financial statements and its shareholders' equity on a consolidated basis is 50% or less of its share capital (excluding treasury shares); and

e) default in payment by the listed issuer, its major subsidiary or major associated company, as the case may be, as announced pursuant to Rule 9.19A of the ACE LR and the listed issuer is unable to provide a solvency declaration to the Exchange.

Posted by MZM2511 > 2023-11-21 09:23 | Report Abuse

@MarioBros.... you can check this criterias on Kanger's latest accounts....
Is it any of these criterias shown on its account?????

Lain kali kalau nak jadi MONKEY pun jadilah monkey yang ada class... HE HE HE

Posted by MZM2511 > 2023-11-21 09:29 | Report Abuse

@flatso... Aku memang pantang kalau dalam tread mana-mana saham ada golongan yang hanya nak sebarkan fakta tipu demi mencapai objektif sendiri...

Orang macam nilah saya katakan macam MONKEY yang hanya suka goncang pokok tanpa ambil kira ada buah atau tidak.. That is OKU_2020.

Kalau nak beri pendapat negatif kepada kaunter pun, biar fakta betul dan reasonable.
Thread ni pun public domain... Saya sendiri mengalu-alukan maklumat benar yang mungkin saya sendiri tidak sedar/tidak tahu bagi menilai kaunter ini...

Posted by MarioBros > 2023-11-21 09:39 | Report Abuse

MZM2511, at 1st I also believe this company can turn it fate but after it shareholder dump his share it really show that he have no faith in the company and here we are that have no connection with the company still believe it can go up. Its chart already on downtrend and no sign it will stop soon. Most probably to the lowest possibility push by shark before goreng and dump back to the ground. Every week it break it support and still searching for the lowest possibility. I expect going down to 0.005 so shark will happily collect before goreng again end of next year. This coming qr will mark another loss by the company and after that, they will dump more and more. I will wait at 0.005 to average down my price.

Posted by MZM2511 > 2023-11-21 09:50 | Report Abuse

@MarioBros. About it shareholder Sii Tung Nai, he's not a pure shareholders in Kanger. He just been substantial shareholder by having payment of its sold shares in his company (partly by cash and partly by shares). The real investor in Kanger for example is Mr Kuah Choon Ching. I think it's more accurate to accept your idea on this if it's involves Mr Kuah Choon Chin who disposed its shares and left the company.

Posted by MZM2511 > 2023-11-21 09:57 | Report Abuse

@MarioBros.... Another ideas by you, I just can accept and admit it. The counter is in play by insiders or operators. Its up to you to say your own ideas or strategy in this counter.

BUT, the point I got mad at you is about the PN17/GN3 probabilities.
Don't just pouring lies without some analysis on the counter..

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

looks promising again $$$$$
warrants WB BREWINGG - to get higher % gain than mom

Posted by BE_GREEEEEDY > 2023-11-21 15:00 | Report Abuse

ATTAACCKKKKKKKKKK.
#BeGREEEEEEEEEDY-$$$$$$

Posted by BE_GREEEEEDY > 2023-11-21 15:02 | Report Abuse

hmmm. warrant WB under attacckkkk
for much higher % GAIN/JACKPOT$$$

Posted by SALAM > 2023-11-21 15:53 | Report Abuse

Anak untung lebih , rugi pun hebat

Posted by whistlebower99 > 2023-11-21 16:47 | Report Abuse

Chart still on downtrend, don't be greedy yet

Posted by Winer21 > 2023-11-21 18:30 | Report Abuse

10 cents coming

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

W Buffett >> BE GREEEEEDY when others are SHIVERINGGG !

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

tklim@
the operator will buy back at 0.01-0.02..........................
++++++
when you think like this ,,,you better go for PENSION / pencen please👌

Posted by OKU_2020 > 2023-11-22 11:47 | Report Abuse

I am back again with a BOMB
tklim / tinggal tulang tongkeng ini maciam geng

Posted by MZM2511 > 2023-11-22 12:19 | Report Abuse

Yesssss. OKU_2020 with his BOMB of lies.

Posted by BE_GREEEEEDY > 2023-11-22 16:21 | Report Abuse

rotikong@
MZM always negative
,++++++++
Warren Buffett >> BE. GREEEEEEEDY 💪when others are SHIVERINGG🤔

Posted by rainman777 > 2023-11-22 17:01 | Report Abuse

Hahahaha OKU oh OKU 2020, alamak wawasan 2020 u tak boleh capai u sudah saiko Liao, Wakaka

Posted by OKU_2020 > 2023-11-22 17:54 | Report Abuse

rainman777@
Hahahaha OKU oh OKU lagi ada 3ct kah , ketawa shj Wakaka
--------
kih kih kih......

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

Posted by JJPTR > 6 days ago |
In November 2023, Kanger has no more cash. From one year ago of 145m rgt, Kanger now is left with 0.62m
Not sure any revenue coming in,but 100% sure donation ala RI/PP/ESOS is in the pipeline.
ayoh generous Malaysian. Die for made in Malaysia plc.
They eat lobsters, we eat salted fish.
Hidup Malaysian Kokp-rape exercise.
=======
Financial Distress
Be prepared for the worst

Posted by MZM2511 > 2023-11-23 09:13 | Report Abuse

@MarioBros.... Another ideas by you, I just can accept and admit it. The counter is in play by insiders or operators. Its up to you to say your own ideas or strategy in this counter.

BUT, the point I got mad at you is about the PN17/GN3 probabilities.
Don't just pouring lies without some analysis on the counter..

Posted by MZM2511 > 2023-11-23 09:13 | Report Abuse

Guys, with an open heart can analyse this:

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 > 2023-11-23 09:15 | 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 .