Variation of the term puntang. A gittier form of the word. It is a hybrid of puntang and the word bangorang from the popular movie Hook starring Robin Williams.
G'damn look at all the puntangorang walkin around.
I'm fuckingfeenin for some puntangorang foo.
Puntangorang I heard!!!
Comes from Tagalog (Philippines) slang term 'putang ina mo' which literally means 'your mother is a whore'. Corrupted into english to mean pussy / vagina.