KLSE (MYR): KANGER (0170)
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Last Price
0.055
Today's Change
-0.005 (8.33%)
Day's Change
0.05 - 0.06
Trading Volume
62,206,100
Market Cap
36 Million
NOSH
650 Million
Avg Volume (4 weeks)
33,431,294
4 Weeks Range
0.05 - 0.09
4 Weeks Price Volatility (%)
52 Weeks Range
0.03 - 0.15
52 Weeks Price Volatility (%)
Previous Close
0.055
Open
0.055
Bid
0.05 x 24,912,100
Ask
0.055 x 3,849,900
Day's Range
0.05 - 0.06
Trading Volume
62,206,100
Latest Quarter | Ann. Date
30-Sep-2023 | 29-Nov-2023
Next QR | Est. Ann. Date
31-Dec-2023 | 27-Feb-2024
T4Q P/E | EY
3574.27 | 0.03%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
0.34 | 0.16
T4Q NP Margin | ROE
-2.11% | 0.00%
2023-12-10
2023-12-05
Sector: CONSUMER PRODUCTS & SERVICES
Sector: CONSUMER PRODUCTS & SERVICES
Subsector: HOUSEHOLD GOODS
Subsector: HOUSEHOLD GOODS
Description:
Kanger International Bhd, an investment holding company, engages in the research, development, manufacture, and trade of bamboo flooring and related products in the People's Republic of China. It operates through three segments: Investment Holding, Manufacturing and Trading, and Research and Development. It operates the business across North America, Europe, and Asia.
Yes, you're smart in the terms of technical analysis which I don't.
Be in reality, in the long run..... fundamental is more important in long run.
Unless you're solely A SPECULATOR.... Dont' bring others to succumb in your play with operators....
2 days ago
HELLO...
THIS IS NOT A BULL MARKET ....
OPERATOR HIT AND RUN...
FUNDAMENTAL MEANS NOTHING
AIYOOOOOOOO
===================
A CLASSIC EXAMPLE
https://klse.i3investor.com/web/insider/detail/D_175695_325951261
MR KUAH CHOON CHING (a company director) disposed 74,051,317 shares at 0.070 on 30-Nov-2023.
2 days ago
@tklim... Confirmed.. you're solely A SPECULATOR....
Please dont' bring others to succumb in your play with operators....
2 days ago
EVERY INVESTORS ARE SPECULATOR
EPF ....AMANAH SAHAM
WHAT ARE THEY????
THE BIGGEST SPECULATOR...
AIYOOOOO
2 days ago
Posted by tklim > 5 minutes ago | Report Abuse
I am NOT worried about Bina Puri.....
-------
Other small bilis investors who followed you, at end will be very worried. Traped when the operator take a u-turn.
You will be save, because you already but @ lower price before you push the counter with your numbers from your technical analysis data. You can quit savely.
2 days ago
Oldbie MZM@
@OKU_2020. Still can't get @5.... Goncang harder, please....
--------
anytime.....beware - u will urinate & be impotent too
2 days ago
NOTHING TO WORRY ABOUT BINA PURI
DO A THOROUGH ANALYSIS
TECHNICAL...BUSINESS PLAN ETC...ETC...
=========================
KANGER....KIV.....NOT YET...
OPERATOR IN SELLING MOOD...
OPERATORS MAKE MONEY IN KANGER THEN THEY MOVE ON TO OTHER CHEAPER COUNTERS..
KANGER MIGHT GO FOR LONG AFTER THIS.....WAIT FOR THE HYPE...THEN SEE HOW..
2 days ago
@OKU_2020. I'm just a bilis investor.... Just a part-timer in investing/trading. Also keep my saving outside the BURSA. It's nothing for me to be scared..... Even I'm not soo succesful in investing / trading... I have a secure income to live in. Thank to Allah.
2 days ago
@OKU_2020... Still can't get @5.. Help me to GONCANG lagi kuat... Sincerely need your help..
2 days ago
What a match...perhaps the shortie is a little too short. Let's see how it ends today
2 days ago
GO FOR LONG TERM
===============
OKU_2020
Door closed - key thrown
Can't RUNNNNNN
1 hour ago
2 days ago
WAIT FOR ANNOUNCEMENT...FOR ANY CORPORATE EXERCISE
RIGHTS....SECOND ROUND CONSOLIDATION...PRIVATE PLACEMENT ETC...ETC
2 days ago
Right Issue - Yes (possible)
Private Placement - Yes (possible)
Loan - Yes (possible)
RCPS - Yes (possible)
Second round consolidation - in the short term I think its a play by insiders/directors to propose it. But they have their power to do it...
2 days ago
Also waiting for announcement for any new substantial shareholder... To replace the old captain.
2 days ago
Based on Annual Report 2022:
DIRECTORS’ SHAREHOLDINGS (BASED ON THE REGISTER OF DIRECTORS’ SHAREHOLDINGS
1. Mr. Wu Wai Kong 674,530 unit
2. Mr. Kuah Choon Ching 74,051,317 unit
3. Mr. Low Poh Seong 0 unit
4. Encik Mazlan bin Mohamad 0 unit
5. Dato’ Azmil bin Mohd Zabidi 0 unit
------------
That's mean that Kuah Choon Ching owns nil shares when he disposed 74,051,317 units of shares on 30 November 2023..
2 days ago
Only Mr Wu Wai Kong, the sole director who owns some shares, just 674,530 unit.
I think there should be someone to be a single largest shareholder which should be a captain in the Kanger boardship.
I think in the near future the announcement of the new lineup of BOD will come out.
2 days ago
today Kanger down to as low as 5 sen
while WB collapsed to 1.5 sem
GLOOOMY & BEARISH OUTLOOK
Press to tongkeng bone this time
2 days ago
Based on Annual Report 2022:
LIST OF 30 LARGEST SECURITIES ACCOUNT HOLDERS (BASED ON THE RECORD OF DEPOSITORS)
(WITHOUT AGGREGATING SECURITIES FROM DIFFERENT SECURITIES ACCOUNT BELONGING TO THE SAME
PERSON)
Name of Shareholders
No. of
Shares Held
Percentage
(%)
1. Sii Tung Nai 50,583,903 8.39 - (Already disposed all shares)
2. Quah Seik Lee 29,375,890 4.87
-------------
Considering there are no additional or disposal of shares after AR 2022, the largest shareholder of Kanger will be Miss Quah Seik Lee. Based on AR 2022, she was not a member of BOD.
1 day ago
Miss Quah Seik Lee or Sally Quah Seik Lee is the wife of Bryan Loo, the founder of Tealive. Was a major shareholder in NWP before divested her stake and probably still hold 4.87% of shares @Kanger.
1 day ago
@MZM2511
I recommend that you research stock market behavior....AND TAKE IT POSITIVELY...
What is the behavior of stock market?
Often a stock simply moves according to a short-term trend. On the one hand, a stock that is moving up can gather momentum, as "success breeds success" and popularity buoys the stock higher. On the other hand, a stock sometimes behaves the opposite way in a trend and does what is called reverting to the mean.
How do you predict if a stock will go up or down?
In large part, supply and demand dictate the per-share price of a stock. If demand for a limited number of shares outpaces the supply, then the stock price normally rises. And if the supply is greater than the demand, the stock price typically falls.
=====================================================
Kanger reported positive earnings but a decline in stock market price and one of their directors disposed of Kanger shares ....huge amount...why???
versus Bina Puri as per your comments (scroll above) BUT.......
can see the pattern in this week's price movement
price is trending strongly.
Trading in the direction of a strong trend and increases profit potential.
The rising moving average trend is bullish when the 10-day Moving Average has been rising in the past 3 days;
=============================================
ALSO COMMENT IN BINA PURI BY...
@marcelle5
according to weekly MA, 120, and 60-week crossing, a big wave is coming......
==============================================
😁
1 day ago
Some of the common indicators that predict stock prices include Moving Averages, Relative Strength Index (RSI), Bollinger Bands, and MACD (Moving Average Convergence Divergence).
1 day ago
Many in HOT SOUP@HOT Tomyam now with the price touch low of worrying 5 sen yesterday... getting closer to RIP ( Rest In Peace ) 3 sen
WB - some 2 million THROWWW@ 1.5 sen - a bad sign - even worst wirh conversion price of 50 sen...a ..toilet paper actually ....getting closer to COFFIN @half sen
1 day ago
@OKU_2020. Parking to buy some WB @ 1.5 sen for next week. Cancel parking for mother @ 5 sen. Monitoring to buy some at below 5 sen if can. Tayor
1 day ago
versus Bina Puri as per your comments (scroll above) BUT.......
can see the pattern in this week's price movement
price is trending strongly.
Trading in the direction of a strong trend and increases profit potential.
The rising moving average trend is bullish when the 10-day Moving Average has been rising in the past 3 days;
----------
It had happened in Kanger few weeks ago.... Newbies.. Please be afraid of THE U-TURN PHASE.... It also will be happened to BPuri... The reasons is, BPuri is fundamentally weak. The risks of PN17 or consolidation exercises are VERY HIGH... TAYOR
1 day ago
where is kanger heading??????
sunset???? sunrise?????????
anybody?????????????????
18 hours ago
Good question. Puzzled by the exit of shareholders just after buying the balance shareholding of Sung Master. Directionless for the time being... I like the suspense
17 hours ago
MZM2511
@yourewelcom88. Agree. I also have to tolerate the suspense.... He He He
Anyways, just depends on the last 2 QR reports, I saw fundamentally its businesses and financial aspects getting better.... That is the only reason for me to keep interested in this counter.... TAYOR
Therefore I think there should be someone to be a single largest shareholder which should be a captain in the Kanger boardship. Rationaly, its must be a MUST..
I think in the near future the announcement of the new lineup of BOD must comes out. Hope for a great news...
16 hours ago
I doubt the 74m shares were bought by retailers. Retailers cakap je dumdamdumdam but duit takde. Entah2 ada 1000 shares je tapi analysis macam nak beli 100 billion companies/..
With that expect a new major shareholder to appear lah. Very basic.
16 hours ago
@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
15 hours ago
During this period of uncertainty, I am taking it as a buying signal especially with the shorties around. Of course I buy as always bilis amount...
13 hours ago
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..?
12 hours ago
@MZM2511... Yes, I will join you again to buy bills amount if it falls further. I always make money from such situation...
9 hours ago
Stock: [KANGER]: KANGER INTERNATIONAL BERHAD
2 days ago | Report Abuse
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
8 hours ago
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
7 hours ago
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.
6 hours ago
@OKU-2020. My dearest friend within a group of GOYANG 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.
6 hours ago
tklim
Sapura is PN 17...traders still play ...
2 days ago