AhHuat168@ Director dispose and cabut liao, now pitiful ikan bilis buy and wait for the ship to sink --------- Noted ....Captain cabutt liao... that's why getting Lembiq TO ? Rest In Peace ( RIP )
thanks for the jokes.....! But one thing for sure many especially innocent newbies are sweating liao - trapped & NO WAY out . short lived Euphoria @JOY of Dead cat bounce is over ..... Kanger is DYING - heading back to SQUARE ONE - Rest In Peace @RIP . That warrant WB to be COFFIN with conversion price = pergghhh 50 sen .
If we just want to follow OKU_2020 advices..... Kanger should already in GN3 or been delisted now.. He continously goncang pokok Kanger like a monkey started three years ago..... --------- This is not a joke... A fact in reality... He He He
tklim@ Support: 0.05/0.04 | Resistance: 0.07/0.08 ================================ Moving average crossover........BEARISH ----------- Yessss...BEARISH - GLOOOMY @ Holland outlook with the DULL - SUN SET BIZ liao ** TO Rest In Peace ( RIP )
Bina Puri Holdings Bhd's earnings have been declining at an average annual rate of -34.5%, while the Construction industry saw earnings growing at 2.5% annually. Revenues have been declining at an average rate of 39.5% per year.
Key information -34.5%
Earnings growth rate
-14.9%
EPS growth rate
Construction industry growth 2.5% Revenue growth rate -39.5% Return on equity -62.9% Net margin -117.1% Last Earnings Update 30 Sep 2023 Recent past performance updates
First quarter 2024 earnings released: RM0.004 loss per share (vs RM0.011 loss in 1Q 2023) Dec 01
Full year 2023 earnings released: RM0.058 loss per share (vs RM0.048 loss in FY 2022) Sep 01
Third quarter 2023 earnings released: RM0.01 loss per share (vs RM0.011 loss in 3Q 2022) Jun 02
Second quarter 2023 earnings released: RM0.013 loss per share (vs RM0.009 loss in 2Q 2022) Mar 01
First quarter 2023 earnings released: RM0.011 loss per share (vs RM0.006 loss in 1Q 2022) Dec 03
Full year 2022 earnings released: RM0.062 loss per share (vs RM0.068 loss in FY 2021) Aug 31
Bina Puri Holdings Bhd's earnings have been declining at an average annual rate of -34.5%, while the Construction industry saw earnings growing at 2.5% annually. Revenues have been declining at an average rate of 39.5% per year.
Key information -34.5%
Earnings growth rate
-14.9%
EPS growth rate
Construction industry growth 2.5% Revenue growth rate -39.5% Return on equity -62.9% Net margin -117.1% Last Earnings Update 30 Sep 2023 Recent past performance updates
First quarter 2024 earnings released: RM0.004 loss per share (vs RM0.011 loss in 1Q 2023) Dec 01
Full year 2023 earnings released: RM0.058 loss per share (vs RM0.048 loss in FY 2022) Sep 01
Third quarter 2023 earnings released: RM0.01 loss per share (vs RM0.011 loss in 3Q 2022) Jun 02
Second quarter 2023 earnings released: RM0.013 loss per share (vs RM0.009 loss in 2Q 2022) Mar 01
First quarter 2023 earnings released: RM0.011 loss per share (vs RM0.006 loss in 1Q 2022) Dec 03
Full year 2022 earnings released: RM0.062 loss per share (vs RM0.068 loss in FY 2021) Aug 31
Why shouldn't Kanger be Rest In Peace?... Kanger is in better condition and sound now...
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 44 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.
Based on latest QR: "The Group recorded slightly increase in revenue as compare to last quarter ended 30 June 2023. The increase in profit was mainly due to increase in sales generated from trading of construction materials Overall, the Group recorded profit before taxation of RM2.4 million in Q6 2023 as compare to loss before taxation of RM1.5 million in Q5 2023 was mainly due to recoverable of impairment loss on debtors."
Sung Master proven contributed to the P&L of Kanger... Construction - Nil contribution to the revenue....
5. I don't agree on the idea it will be consolidate again in short term...
The reasons: 1. NTA 44.4 sen. 2. NOSH 649.87m 3. Share capital RM427,561,000 Reserves (RM138,697,000) SHAREHOLDERS’ EQUITY RM288,864,000 Non-controlling interests RM5,288,000 TOTAL EQUITY RM294,152,000
That's my fate and my decision. Have to be like this ? No. But I keeping monitoring Kanger fundamentally.. I still keep it because there is a bit better. Fortunately I did some averaging the price. Sell half few weeks ago. My paper loss has been reduced much....
Remarks : The Board of Directors of the Company had on 27 February 2023 approved the change of financial year end of the Company from 31 March to 30 September due to the restructuring plan of the Company.
The next financial year of the Company shall be for a period of eighteen (18) months from 1 April 2022 to 30 September 2023. Thereafter, the financial year end shall end on 30 September annually. ------------ Tarikh AGM berubah apabila financial year end diubah.
I don't agree on the idea Kanger will be consolidate again in short term...
The reasons: 1. NTA 44.4 sen. 2. NOSH 649.87m 3. Share capital RM427,561,000 Reserves (RM138,697,000) SHAREHOLDERS’ EQUITY RM288,864,000 Non-controlling interests RM5,288,000 TOTAL EQUITY RM294,152,000
But, I agree that BPuri is more riskier to do consolidation in a near future:
The reasons:
1. NTA 2.7 sen 2. NOSH 3.370 billion 3. Share capital RM299,458,000 Reserves (RM210,053,000) Equity attributable to owners of the parent RM89,405,000 Non-controlling interests RM105,743,000 Total equity RM195,148,000
heed / listen to advice from OTAI tklim thanks after all KANGER SEEMS DYING to SQUARE ONE OTAI = ?.....refer to someone who's an expert in a certain field such as penny stock trading trading
He He He.... That is the past of Kanger. After restructuring (including the divestment of subsidiaries in China which is related to Bamboo produts).....
Currently, do you know that none of the directors are Republic of China national? All revenue comes from Malaysia. All subsidiaries are registered in Malaysia. How can we call Kanger as a China company?? (The news will only come from the only technical analyst in BURSA!!!!)
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 44 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.
Based on latest QR: "The Group recorded slightly increase in revenue as compare to last quarter ended 30 June 2023. The increase in profit was mainly due to increase in sales generated from trading of construction materials Overall, the Group recorded profit before taxation of RM2.4 million in Q6 2023 as compare to loss before taxation of RM1.5 million in Q5 2023 was mainly due to recoverable of impairment loss on debtors."
Sung Master proven contributed to the P&L of Kanger... Construction - Nil contribution to the revenue....
5. I don't agree on the idea it will be consolidate again in short term...
The reasons: 1. NTA 44.4 sen. 2. NOSH 649.87m 3. Share capital RM427,561,000 Reserves (RM138,697,000) SHAREHOLDERS’ EQUITY RM288,864,000 Non-controlling interests RM5,288,000 TOTAL EQUITY RM294,152,000
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
OKU_2020
4,867 posts
Posted by OKU_2020 > 2023-12-06 08:18 | Report Abuse
Hmmm....thanks for the joke. After all Laughter is the BEST MEDICINE