@Al Chapo. For me as I said before, I'm just a small anak bilis. I don't know other fellows here.
Anyways, thanks for you to agree on the MUST for Kanger to has a new captain.... and if there is any, I think the announcement will be done at near future... PERHAPS
Director cabut - price collapsinga as low as 5 sen friday heading to square one . what do you expect..? Those trap in hot soup now - seems NO WAY OUT this time Expecting BEHEADING..?
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
BEHEADING is NEXT ?..... Kanger hit such low of 5 sen Friday.....getting closer to RIP ( Rest In Peace ) @ 3 sen WB with conversion price of 50 sen ( Oh My God )....hit low of 1.5 sen friday - heading to Coffin Warrant - toilet paper of half sen .,,,it is totally out of money
For WB its maturity date is 2026. Long time to go.... For a long run investor. Last time I earn alot by buying WB @1.5 sen and sold some at 4.5 sen and some @ 3 sen.
@OKU-2020. Good. Try HARDER... My dearest friend from a group of GONCANG POKOK.... Try your best here. Try to GONCANG pokok Kanger kuat-kuat.
I want to reload some WB and mother share while waiting for a good news to come out..... And then, there could be a possibility for the downturn changes or U_TURN to upward again... He He He.
Hello - This is Kanger mehh won't get easy angpows $$ one see just now - some edi KENA TRAP liao edi that n0t yet counted those bought 6 sen to 15 sen DEAD RAT liao
Hahahaha walao eh,I rather put my money here than your counter hahahaha most important got confident mah,sit back n relax tak boleh miss nice coffee n tiramisu cake in town, Wakaka
tklim@ HIGHLY LIKELY KANGER WILL MAKE THEIR ANNOUNCEMENT WHEN THE PRICE REACHES 0.02 AND BELOW........ I WARNED ONE MONTH AGO ------- Friends including Oldbie MZM & 24 hrs BE GREEEEEEDY Please Take Note / BEWARE.......!!
Good. Try HARDER... My dearest friend from a group of GONCANG POKOK.... Try your best here. Try to GONCANG pokok Kanger kuat-kuat.
I want to reload some WB and mother share while waiting for a good news to come out..... And then, there could be a possibility for the downturn changes or U_TURN to upward again... He He He.
seems real this time - heading to ?.....BACK TO SQUARE ONE see the price movement from 15 sen non stop heading to where ?.....don't know ? like KTMB train .....IT'S SOUTH BOUND.... yesss my frens - there is a short lived euphoria of " A DEAD CAT BOUNCE IN BETWEEN "
@OKU_2020 . Good. Try HARDER... My dearest friend from a group of GONCANG POKOK.... Try to GONCANG pokok Kanger kuat-kuat.
I want to reload some WB and mother share at my new targeted price (but still unmaterialised) while waiting for a good news to come out..... And then, there could be a possibility for the downturn changes or U_TURN to upward again... He He He.
AhHuat168@ Kaki kanger still ok? support of 0.06 already broke, change your titanic boat or get ready to sink into ocean ----------- OMG... Closed 5 sen - lowest in 3 months..... a very bad sign ---- SMELL A RAT phrase/ idiom -. If you smell a rat, you begin to suspect or realize that something is wrong in a particular situation.....
@OKU_2020... He He He..... Reloaded some @5.5 sen and further to reload @5 sen (Just with a small quantity ... bit by bit to collect)...while waiting for a good news to come out.....
And then, there could be a possibility that the downturn has been changed to upward again???? PERHAPS
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....
MZM2511
4,553 posts
Posted by MZM2511 > 2023-12-10 11:42 | Report Abuse
@Al Chapo. For me as I said before, I'm just a small anak bilis. I don't know other fellows here.
Anyways, thanks for you to agree on the MUST for Kanger to has a new captain.... and if there is any, I think the announcement will be done at near future... PERHAPS