KANGER INTERNATIONAL BERHAD

KLSE (MYR): KANGER (0170)

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Last Price

0.05

Today's Change

0.00 (0.00%)

Day's Change

0.045 - 0.05

Trading Volume

54,200


15 people like this.

32,325 comment(s). Last comment by OKU_2020 1 week ago

Posted by kamalinvestor123 > 2024-04-30 14:19 | Report Abuse

OKU mad person, he don't have any shares but sibuk here with smelly mouth every day. He cari makan for his family by this way.

RedOreo

50 posts

Posted by RedOreo > 2024-04-30 14:52 | Report Abuse

only goreng once a year

Posted by MrChin Williom > 2024-04-30 17:24 | Report Abuse

Oku ... Are you OK?

OKU_2020

4,851 posts

Posted by OKU_2020 > 2024-04-30 20:32 | Report Abuse

BTW....
O K U = Otai Kuat Umno = OKU
Otai = ?
used to refer someone who's an expert in a certain field - in super low priced penny stock / warrant trading . E.g: 'That uncle is an otai, don't play-play wei' .....

OKU_2020

4,851 posts

Posted by OKU_2020 > 2024-05-02 09:06 | Report Abuse

The worst is yet to come
BEHEADING / Kepala Potong...is NEXT ?
further SWEATINGG....
.COFFIN Warrant WB is Extremely OUT of Money with Conversion price of MADly 50 sen

MZM2511

4,548 posts

Posted by MZM2511 > 2024-05-02 09:10 | Report Abuse

Kepala potong... Jadi pon danlah kamu OKU_2020 wei???
Bilakah kamu boleh jadi jantan sejati??? He He He

OKU_2020 always negative on his targeted counter... But still pon danly rocking and supposedly going for fishing?

Posted by MrChin Williom > 2024-05-02 17:07 | Report Abuse

Oku ... Are you ok ?

BE_GREEEEEDY

1,820 posts

Posted by BE_GREEEEEDY > 2024-05-02 18:43 | Report Abuse

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

Posted by MrChin Williom > 2024-05-03 10:24 | Report Abuse

Oku... Are you ok ??? Hahaha 🤣

OKU_2020

4,851 posts

Posted by OKU_2020 > 2024-05-03 11:51 | Report Abuse

Hmmm...doing social obligation especially on innocent newbies..!


OKU_2020

4,851 posts

Posted by OKU_2020 > 2024-05-06 08:57 | Report Abuse

fasten our seatbelt
TSUNAMI is imminent ....!

MZM2511

4,548 posts

Posted by MZM2511 > 2024-05-06 11:27 | Report Abuse

OKU_2020.. Fasten your pant... If not, you are going to be a pon danlah. He He He

Posted by MrChin Williom > 2024-05-06 13:01 | Report Abuse

Ya lo. Oku.... Still ok ?

BE_GREEEEEDY

1,820 posts

Posted by BE_GREEEEEDY > 2024-05-06 14:10 | Report Abuse

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

Posted by MrChin Williom > 2024-05-07 08:54 | Report Abuse

Oku... Today are you ok bo?

Posted by MrChin Williom > 2024-05-08 10:09 | Report Abuse

Oku... Today will got Gorzali???

BE_GREEEEEDY

1,820 posts

Posted by BE_GREEEEEDY > 2024-05-11 01:27 | Report Abuse

oit!rotikong@
MZM always negative
,++++++++
Warren Buffett >> BE. GREEEEEEEDY 💪when
others are SHIVERING
Immediate TP 10 sen

OKU_2020

4,851 posts

Posted by OKU_2020 > 2024-05-13 09:43 | Report Abuse

any hope left...?
seems many in HOI-SOUP
PITY to innocent newbies especially ..!
BTW...pray hard to GOD al-mighty for our safety

Posted by MrChin Williom > 2024-05-13 11:55 | Report Abuse

Oku ... Are you ready seatbelt.??? Later needed to see doctor 🏥💊.

OKU_2020

4,851 posts

Posted by OKU_2020 > 2024-05-13 13:41 | Report Abuse

Getting worst
5 sen anytime....4 sen seems likely bcoz of serious DILUTION due to PP.,...mean while Very out of money.Warrant WB to be COFFIN ....pergghhh

MZM2511

4,548 posts

Posted by MZM2511 > 2024-05-13 13:42 | Report Abuse

QR announcement @ end of this month...
Apakah pon danman akan tumbuh kembali "kepalanya" ?

Goyang jangan tak goyang OKU_2020. Goyang goyang kasi keluar angin!!

OKU_2020

4,851 posts

Posted by OKU_2020 > 2024-05-13 19:48 | Report Abuse

Looks very GLOOOMY ahead
PP Dilution shivers many....some in HOT SOUP now especially innocent newbies
5 sen anytime - even can't rule out 3 - 4 sen
Extremely out of money Warrant WB surely to be COFFIN liao with Madly conversion price of 50 sen while MOM merely 5 sen now

fl888

7,721 posts

Posted by fl888 > 2024-05-13 20:59 | Report Abuse

Good qtr result can drive it up for PP within this month…

MZM2511

4,548 posts

Posted by MZM2511 > 2024-05-13 21:00 | Report Abuse

Dear OKU_2020... Pon danman only can cry and goyang-goyang.

Real man will bravely takes risks and win...
---------------

Buy 01/06/2023 06/06/2023 KANGER-WB 5,000 0.0100
Buy 13/06/2023 15/06/2023 KANGER-WB 57,000 0.0100
Buy 30/06/2023 04/07/2023 KANGER-WB 1,000 0.0150
Buy 05/09/2023 07/09/2023 KANGER-WB 442,000 0.0150
Buy 07/09/2023 11/09/2023 KANGER-WB 132,000 0.0150
Buy 12/09/2023 14/09/2023 KANGER-WB 200,100 0.0150
Sell 06/10/2023 10/10/2023 KANGER-WB 228,100 0.0450
Buy 09/10/2023 11/10/2023 KANGER-WB 392,200 0.0379
Buy 11/10/2023 13/10/2023 KANGER-WB 534,000 0.0300
Sell 11/10/2023 13/10/2023 KANGER-WB 334,000 0.0350
Buy 13/10/2023 17/10/2023 KANGER-WB 50,100 0.0300
Buy 16/10/2023 18/10/2023 KANGER-WB 53,000 0.0300
Sell 16/10/2023 18/10/2023 KANGER-WB 50,100 0.0350
Sell 17/10/2023 19/10/2023 KANGER-WB 250,200 0.0350
Buy 23/10/2023 25/10/2023 KANGER-WB 104,000 0.0300
Sell 25/10/2023 27/10/2023 KANGER-WB 499,000 0.0350
Buy 27/10/2023 31/10/2023 KANGER-WB 157,000 0.0350
Buy 30/10/2023 01/11/2023 KANGER-WB 96,000 0.0350
Sell 01/11/2023 03/11/2023 KANGER-WB 774,000 0.0300
..............

OKU_2020

4,851 posts

Posted by OKU_2020 > 2024-05-14 00:25 | Report Abuse

hmmm.....your warrant WB transaction is out dated... ( like expired sardine - throw away )
Baby >> ...show us the latest one - with in 2 months
Don't try to trick / mislead us especially innocent newbies
NOW the warrant collapsed to 1 sen , and to be COFFIN liao any time

MZM2511

4,548 posts

Posted by MZM2511 > 2024-05-14 06:18 | Report Abuse

@OKU_2020...
I have some newly bought WB and mother shares. Both are still in paper loss.
Will add more WB if it collapse to 1 sen.. Also will add more mother share at suitable price.

WB will be expired on Sept 2026...

OKU_2020

4,851 posts

Posted by OKU_2020 > 2024-05-14 06:48 | Report Abuse

hmmm...what...Paper loss ?....soli to hear that
Not a positive news especially to newbies
Good luck my fren $

BE_GREEEEEDY

1,820 posts

Posted by BE_GREEEEEDY > 2024-05-14 09:18 | Report Abuse

mau mali $$$
BE GREEEEEEDY

BE_GREEEEEDY

1,820 posts

Posted by BE_GREEEEEDY > 2024-05-14 12:27 | Report Abuse

getting steady

OKU_2020

4,851 posts

Posted by OKU_2020 > 2024-05-14 23:24 | Report Abuse

MZM2511@
@OKU_2020...
I have some newly bought WB and mother shares. Both are still in paper loss.
Will add more WB if it collapse to 1 sen.. Also will add more mother share at suitable price.
WB will be expired on Sept 2026...
======
As comrade even though with different opinions / tactics --- I am so sad on MZM suffering . Paper loss is a loss too...Hope the end to our fren suffering soon = May CHEEARSS / JOLLY $$ be with him...

hmmm....CEASE FIRE 😍 for the time being ...as mourning on our fren suffering 😥

OKU_2020

4,851 posts

Posted by OKU_2020 > 2024-05-16 01:57 | Report Abuse

Getting worst
Painful PP dilution is coming
4 - 5 sen for mom even 3 sen liao
Very out of money Warrant WB to be COFFIN.....
Conversion 50 sen ( Beware...! )

MZM2511

4,548 posts

Posted by MZM2511 > 2024-05-16 16:00 | Report Abuse

Dear OKU_2020... Pon danman only can cry and goyang-goyang.

Real man will bravely takes risks and win...

BE_GREEEEEDY

1,820 posts

Posted by BE_GREEEEEDY > 2024-05-16 19:35 | Report Abuse

oit!rotikong@
MZM always negative
,++++++++
Warren Buffett >> BE. GREEEEEEEDY 💪💪💪when
others are SHIVERING
Immediate TP 10 sen

BE_GREEEEEDY

1,820 posts

Posted by BE_GREEEEEDY > 2024-05-20 11:16 | Report Abuse

BREWINGGGG
Potential 10 sen $$$

fl888

7,721 posts

Posted by fl888 > 2024-05-21 07:06 | Report Abuse

Today break 6cts..

OKU_2020

4,851 posts

Posted by OKU_2020 > 2024-05-26 15:44 | Report Abuse

still kicking n chargingg

MZM2511

4,548 posts

Posted by MZM2511 > 2024-05-27 23:19 | Report Abuse

Want to see its incoming QR results... Has a power or not?

M55555

1,080 posts

Posted by M55555 > 2024-05-29 19:20 | Report Abuse

hahahaha😂😂

MZM2511

4,548 posts

Posted by MZM2511 > 2024-05-29 20:56 | Report Abuse

Haiyahhhhh. Still pon danman kah BOD????

OKU_2020

4,851 posts

Posted by OKU_2020 > 2024-05-29 21:33 | Report Abuse

RED BLOOOOOODY....
READY ?......RUNNNNNNNNNNN for our live..

MZM2511

4,548 posts

Posted by MZM2511 > 2024-05-29 21:53 | Report Abuse

Base on my BRIEF study on the QR2 2024 of Kanger:

Summary:
The company
A: Sitting on negative reserve.

B. Recorded net loss for the last TWO consecutive quarters.
QoQ, revenue down and net loss widened.

C: Not a cash rich company.

D. Total assets > Total liabilities, Total current assets > Total current liabilities: Means still has a low indebtedness risk.

E. Has nil non-current liabilities: Means has more oppurtunity to take a loan to finance its future project / investment.


THE FINDINGS:

1. NTA 31 sen (down from 45.1 sen @ last QR1 2024).
2. NOSH 731.58 mil.

3. EQUITY
Share Capital RM 433,234,000
Reserves / (accumulated losses) (RM 206,530,000)
Shareholders’s equity RM 226,704,000
Non-Controlling Interest RM 0
TOTAL EQUITY RM 226,704,000

4. Cash and Cash Equivalent:
Cash and bank balances RM 560,000

5. Assets:
Current Assets RM 36,431,000
Non-current Assets RM 204,544,000
TOTAL ASSETS RM 240,975,000

6. Liabilities:
Current Liabilities RM 14,271,000
Non-current liabilities RM 0
TOTAL LIABILITIES RM 14,271,000

7. QR2 2024 results :
- Revenue RM 9,969,000 (down from QR1 2024 of RM20,691,000)
- Gross profit RM 1,985,000
- Net profit / (loss) (RM 1,464,000) (up from QR1 2024 loss of (RM382,000)

Note 1:

Revenue decrease by RM13.3 million in current financial quarter ended 31 March 2024 (“Q2 2024”) as compared to the corresponding quarter ended 31 March 2023 (“Q4 2023”) which was mainly due to significantly decrease in the sales generate from Sung Master Holdings Sdn Bhd on trading of building materials. Besides, Q2 2024 has recorded loss after taxation of RM0.7 million as compared to the profit of RM1.6 million in Q4 2023. This was mainly due to loss on disposal of motor vehicles which has contributed a total of RM1.1 million in current financial quarter.

Note 2:

The Group recorded loss after taxation of RM0.7 million as compared to profit after taxation of RM0.6 million in Q1 2024. The loss was recorded in Q2 2024 was mainly due to non-recurring expenses such as loss on disposal of motor vehicles of RM1.1 million.

Note 3: Prospects

????????

BE_GREEEEEDY

1,820 posts

Posted by BE_GREEEEEDY > 2024-05-30 07:07 | Report Abuse

Remember this...?
WARREN BUFFETT >>. BE GREEEEEEEDY when others ARE RUNNIINGGG......$$$$$

JJPTR

195 posts

Posted by JJPTR > 2024-05-30 11:43 | Report Abuse

MZM2511, if Im not mistaken, Kanger has 145m cash 3yrs ago,after right issue. Than the cash was used to buy Antara Genting condo. Now latest i read Kanger terminate the contractor who is supposed to build the foundation for the Genting condo project, after 3 yrs of awarding the project. Does that mean the condo foundation is never built? So happen to the 145m that was no longer in Kanger book?

JJPTR

195 posts

Posted by JJPTR > 2024-05-30 11:58 | Report Abuse


Kanger acquires RM143m hillside property with funding from rights issue

By Cheah Chor Sooi
24/02/2021
in Markets

KANGER International Bhd through its wholly owned subsidiary, Kanger Ventures Sdn Bhd, has proposed to acquire 126 units of service apartments developed by Aset Kayamas Sdn Bhd in Genting Highlands for RM142.9 mil.

The apartment units are part of the Antara @ Genting Highlands project which comprises four blocks of 44- to 46-storey freehold serviced apartments totalling 1,460 units. So all Kanger cash of 145m gone into buying the antara genting. BUTT lately Kanger announced only buy 15units of Antara condo , so why suddenly 145m cash only buy 15 units? what happen to the balance 100m+ cash?

MZM2511

4,548 posts

Posted by MZM2511 > 2024-05-30 12:17 | Report Abuse

JJPTR... Don't talk nonsense.
1. Now latest i read Kanger terminate the contractor who is supposed to build the foundation for the Genting condo project, --- Answer... Are you sure the contract is supposed to build the foundation of ANTARA CONDO project?
2. BUTT lately Kanger announced only buy 15units of Antara condo...
My answer. Please notify your source. As I know, the company even propose to buy more condo @ their latest announcement about the Antara condo purchase.

MZM2511

4,548 posts

Posted by MZM2511 > 2024-05-30 12:28 | Report Abuse

@JJPTR.
Some details about the terminated contracts of contractors..

Is it the contract completely supposed to build Antara Condo foundation? If not, it's a false information created by YOU.
-----------

5. A Collaboration Agreement between Kanger Ventures and Multiple Novation, relating to a multiple constructions works.

Progress of the agreement:

a) Based on an announcement at BURSA dated 15 January 2021

The Board of Directors of Kanger International wishes to announce that its wholly-owned subsidiary, Kanger Ventures Sdn Bhd, had on 15 January 2021 entered into the following Collaboration Agreements.

a) Qbeez Holdings Sdn Bhd and Kanger Ventures in respect of Letter of Award dated 6th July 2018 for construction of main building works of the project of development of three (3) blocks of affordable apartment on Lot 52957, Jalan Desa, Taman Desa, Mukim Kuala Lumpur, Wilayah Persekutuan (“Qbeez Project 1”);

b) Qbeez Holdings Sdn Bhd and Kanger Ventures in respect of Letter of Award dated 28th December 2018 for construction of building and external works for the project of development two (2) blocks apartment on PT 15659, Jalan Indrahana 3, Mukim Petaling, Kuala Lumpur, Wilayah Persekutuan (“Qbeez Project 2”);

c) Lead Pinnacle Sdn Bhd and Kanger Ventures in respect of Letter of Award dated 28th October 2019 for construction of piling and foundation works of the project of construction of a temporary gallery on PT 23923, (H.S.(D) 18603) Genting Highlands, Mukim Bentong, Daerah Bentong, Negeri Pahang (“Lead Project 1”);

d) Lead Pinnacle Sdn Bhd and Kanger Ventures in respect of Letter of Award dated 7th July 2020 for construction of foundation and main building works for the project of a mixed development of two (2) blocks of service apartment on PT 23923, (H.S.(D) 18603) Genting Highlands, Mukim Bentong, Daerah Bentong, Negeri Pahang (“Lead Project 2”);

e) Deseo Engineering Sdn Bhd and Kanger Ventures in respect of Letter of Award dated 13th April 2018 for construction of main building works for the project of a development of two (2) blocks of affordable apartments and two (2) blocks of apartment on Lot 55121, Jalan Jujur, Bandar Tun Razak, Cheras, Kuala Lumpur (“Deseo Project”);

f) Enduring Power Sdn Bhd and Kanger Ventures in respect of Letter of Award dated 1st June 2019 for construction of main building works for the project of a development of two (2) blocks of service apartment on Lot 1351 & 1377, Jalan Padang/Jalan Padang Walter Grenier dan sebahagian simpanan Jalan, Seksyen 67, Bukit Bintang, Bandar Kuala Lumpur (“Enduring Project”).

- Any approval required from the relevant authority and shareholders in a general meeting of the Company to undertake this collaboration herein contemplated;
- The Parties shall fulfill the above conditions within 90 (ninety) days from the date of these agreements or such extended date as shall be mutually agreed in writing by the Parties (Cut-Off Date).

MZM2511

4,548 posts

Posted by MZM2511 > 2024-05-30 12:35 | Report Abuse

BUTT lately Kanger announced only buy 15units of Antara condo..

....................
This 15 units Antara condo proposed to be bought is the additional units of condo.

https://www.malaysiastock.biz/Company-Announcement.aspx?id=1519668

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS KANGER INTERNATIONAL BERHAD ("KANGER" OR "COMPANY") - PROPOSED ACQUISITION BY KIB GLOBAL RESOURCES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF KANGER, 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, NAMELY ASET KAYAMAS SDN BHD ("PROPOSED ACQUISITION")

Please be noted:
"The Developer has agreed to sell and Purchaser has agreed to purchase fifteen (15) parcels of units with vacant possession in the proposed Block A of the said Development more particularly described in “Annexure D"

MZM2511

4,548 posts

Posted by MZM2511 > 2024-05-30 12:43 | Report Abuse

@JJPTR
Look at this report:

Diversified into new construction business aimed at deriving
synergy with the property investment and management segment.
• Acquired 51% stake in building materials supplier, Sung Master
Holdings Sdn. Bhd. for RM94.8 million. Acquired 126 units of
service apartments at Antara @ Genting Highlands for RM142.87
million.
• One of the new subsidiaries, Kanger Medical International Sdn.
Bhd. is making inroads into the healthcare industry by sourcing for
face masks and Covid-19 vaccines.

Note: Please refer Kanger Annual Report 2023 - Page 6.

OKU_2020

4,851 posts

Posted by OKU_2020 > 2024-05-31 01:01 | Report Abuse

Dem....getting worst
GLOOOMY OUT LOOK for this Undisputed non stop loss making Cap Ayam Kanger
BEYOND REPAIR...
3 SEN IS COMINGG due to painful PP dilution
Very out of money Warrant WB to be COFFIN with exercise price Crazy 50 sen

BE_GREEEEEDY

1,820 posts

Posted by BE_GREEEEEDY > 2024-05-31 08:23 | Report Abuse

roit!rotikong@
MZM always negative
,++++++++
Warren Buffett >> BE. GREEEEEEEDY 💪💪💪when
others are SHIVERING
Immediate TP 10 sen

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