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' .....
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
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
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
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
@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.
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 😥
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...! )
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.
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?
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?
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.
@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).
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"
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.
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
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....
kamalinvestor123
81 posts
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.