@yourewelcome88. Thanks. At least I tried my best here...
Anyways, I still have some interest and confidence @this counter... For short term, I want to declare my next probable entry point here @5 sen or below. Reasoning is a bulk of SIS price @5.8 sen. Also, I think the next PP should be set @5.8 sen or higher than that...... TAYOR
" Thanks " to " HOT " tips @ advice given by MZM & 24 hrs BE GREEEEEEEDY so many in HOT SOUP / HOT TOM YAM now .. suffering liao...Pity to Anchovies ( Bilis ) especially innocent Newbies
Noobie123@ Sinking posts...tired la....no need play this game. --------- hmmmm......noted.....pity..! remained LEMBIQ - NO Umphhh anymore seems impoten* losing steam & Kaput-ing
Am still holding on. What about mm2h? As you may check, nearly a year ago, I bought E&O as Penang is a popular mm2h destination. Genting's strong point may be the cool weather suits the rich taking up mm2h?
Answer: Kanger BOD recognised a prospect of owning more Genting condos by proposing to buy more condos. I think it's a good investment by Kanger.... The problem is on the way/s how they will finance the acquisition. If they are opting to do more PP or ESOS – the NOSH will ballooning... I think not so good for us, the small investors.
Q2: ... boss bought at 5.8sen, we ikan bilis can get at 5.5 sen?
Answer: It depends on the market condition and other determinants.... Semua boleh jadi di bursa..
Actually, I sold all my holdings @Kanger because at that time the market was in a dark and chaotic. I panicked and worried if Kanger counter also will be affected with limit down (LD) “virus”. Therefore, I made decision to sold all my holding @Kanger with expectation the Kanger’s share price also will fall a lot.
My plan to re-enter @below 5.5 sen was determined at that time because I think I will get cheaper price, for example below 5,5 sen. Below 5.5 sen is a good bargain in the condition that SIS was priced @5.8 sen, therefore I think the incoming new PP should be set at least @5.8 sen. Usually in some companies, the price will be prop up to service the targeted price of new PP.
I will monitor the market.....All depend on the market and what will happen @Kanger counter. I have plan B, to set a new entry price, if can't get @my targeted entry price. Also, will consider to play more on the warrant. Last time, I gained a lot, added warrant @ 1.5 sen and sold it @3 sen and 4.5 sen.
@OKU_2020. Sila Goyang pokok Kanger kuat-kuat, jangan Tak Goyang... Awak nak pisang apa sebagai hadiah?.. Pisang Berangan ke Pisang Klutuk (pisang banyak biji)? He He He
... A monkey never knows about a company dynamics... But the monkey likes to talk bad using faulty historical experiences..
@MZM2511 Thanks for your sharing. I bought E&O, Hua Yang and IWCity all about a year ago , just thinking MM2H will mean ADDITIONAL demand for housing. So far these counters are doing well, so I'm just holding/topping up on Kanger.
ACE Market Listing Rule 9.23 Issue of annual report (1) A listed corporation must issue its annual report that includes annual audited financial statements together with the auditors’ and directors’ reports of the listed corporation, to the Exchange and shareholders within 4 months from the close of the financial year of the listed corporation.
Hi Konnichiwa, first of all, u r right. The ar must issue to bursa and shareholders within 4 months after financial year ended. Example like aax, they extended the financial year into 18 months and ended on 31 dec 22. Their "notice of meeting" issued on 27 apr 23 and ar issued on 28 apr 23, within 4 months, no problem.
According to Ace market listing requirement 9.28 (5), if ar cannot be issue after 4 months and 5 market days, the counter will suspend trading by bursa on day 6. This is the case for reneuco. Their financial year ended on 30 sep 23, but until end of jan 24, no "notice of meeting" and ar issued. They try their best to meet the 5 market days deadline, which is on 8 feb 24, but they expect to issue ar on march.
For kanger case, they issued "notice of meeting" on 30 jan 24. Resolution 1 of the meeting is to receive the audited (18 months) financial statement ended 30 sept 23. It means the ar has been audited but havent issue to bursa and shareholders. As long as they can issue within 5 market days or by 8 feb 24, no big problem.
KANGER INTERNATIONAL BERHAD Incorporated in Malaysia Investment Holding <---------> SUBSIDIARIES AND ITS BUSINESSES
1. KANGER VENTURES SDN. BHD. (100%) - (Incorporated in Malaysia) (a) Trading of construction products and construction works (b) Property development and project management.
3. KANGER MEDICAL INTERNATIONAL SDN. BHD. (100%) - (Incorporated in Malaysia) (a) Trading of medical and healthcare equipment,pharmaceutical medicinal, products and Services
4. COMMONMASK SDN. BHD. (100%) - (Incorporated in Malaysia) (b) Trading of medical disposable items
5. KIB GLOBAL RESOURCES SDN. BHD. (100%) - (Incorporated in Malaysia) (a) Trading of construction products and construction works (b) Property development and projectmanagement.
6. KANTARA SDN. BHD. (100%) - (Incorporated in Malaysia) (a) Management of real estate on a fee or contract basis (b) Wholesale of construction materials
7. SUNG MASTER HOLDINGS SDN. BHD. (51%) - (Incorporated in Malaysia) (a) Trading on construction materials
Note: >>>>>>>>> No more a PRC company.. and its
PRINCIPAL PLACE OF BUSINESS/MANAGEMENT OFFICE 1 & 3, Jalan Alfa Impian 2 Taman Perindustrian Alfa Impian, 43000 Balakong Selangor, Malaysia
.....the trading of building materials segment delivered commendable progress and contributed the revenue of RM75.4 million to the Group, representing 97% of total revenue. ------------ Kanger no more focusing on consumer products and services.... Should reclasify it for - industrial products and services
Just now, emailed my recommendation to BURSA on this matter.
To: BURSA2U .... Sun, Feb 4 at 11:56 PM
2. Based on the reported data, it was shown that the current major business activities of Kanger is trading of building materials. I think to disclose a fair and true state of information relating to the company’s sectoral activities, Kanger’s sector should be reclasified under Industrial Products and Services sector.
@BE_GREEEEEEEEEEEEEEEDY.. Be patience. My heart is still with Kanger. He He He
Kanger share price is stabilising... For me, fundamentally still @ status quo.. Will reenter back this counter at a right time with a right price.. (Based on my personal judgement). TAYOR
Need to ask our resident Bhaii (Fren). MZM... Please look for a SPECIAL TONIC to AROUSE this lembiq - nearly Impoten* Kanger Many got peedap ( Fed Up ) edi...
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....
youarewelcome88
1,438 posts
Posted by youarewelcome88 > 2024-01-18 22:29 | Report Abuse
@MZM2511... Well Done. It's a very difficult & painful decision indeed. Best of luck to you...