2021-09-14 05:30:27
"Poised for the recovery theme – KANGER INTERNATIONAL BERHAD (0170)
Most people know KANGER for their involvement in the bamboo, and potentially the vaccination business. However, we know that KANGER had some hurdles in their bamboo business, and the vaccination rate had passed the 50% mark, which means, the market for vaccination in Malaysia is limited.
Also, PHARMANIAGA BERHAD had been trying really, like REALLY HARD to get a share of the pie. For me, this might not be a lucrative business to jump into for the moment, just like the glove bandwagon.
So, what is so special about KANGER, and how do they position themselves for the recovery theme?
1. Acquisition of Genting Highlands property
NCT ALLIANCE BERHAD (Formally known as GRAND-FLO BERHAD) had reported a stellar performance in financial year 2021 second quarter due to contributions from Grand Ion Delemen and Grand Ion Majestic – which both are projects situated on Genting Highlands...."
Read in full: https://www.investingnote.com/posts/2321719
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