princeherostart to offload canone with heavy loses.......may be it's a lie all these sales...
Up_downDo remember uncle Koon golden rules if you are playing with him. Be prepared to exit fast when something not right.
princeherotq... but one thing i disagree with mr koon is buying with margin... i strongly believe those newbies in stock market shud remember "never ever buy a stock with borrowed money"... only buy stocks using extra cash that u dun need to use come rain or shine....tat's the most important rule... followed by buying good stock n be patience,,,,,
stockmanmythat is because you are not and will never be Tony Fernandes and Mr Koon.
princehero > Jun 8, 2016 10:55 PM | Report Abuse
tq... but one thing i disagree with mr koon is buying with margin
voon1900dun earn tis CHEAP moneyla..kyy cn buy whole up the entire outstanding share...then he wil come out n do the shouting...good fa.good divident...
dustiIf one is very experienced trading shares, margin trading may work very well, but if you are a Newbie, especially one with a big heart it can ruin you . And you have to run to your Mummy & Daddy to be bailed out. Please trade/invest wisely and within your means.
stockmanmyvalue creation can come in many forms...... sale of Kian Joo sale of milk division
restructuring with listing of milk division sale of can division to Kian Joo
as the market PE for food consumables - milk is 15 -25 much higher than the PE 8 to 12 for can division by restructuring and focusing on milk division will be re-rated to $6.
of course, there is previous talk of KWAP taking a stake in the milk division at PE 20, the share will be rerated once the deal is confirmed.
The share is much over sold at current price. Milk division profits FY 2015 is $ 62 million....and growing fast.
Up_downI prefer to wait and see its earnings ability in next month before joining the bandwagon.
lchingcan also sell Kianjoo stake in the open market to pare down debts.
Up_downCanone boss loves playing shares and pro Umno....You know la..Uncle Koon stays at the opposite camp. Don't be surprised they will take the opportunity to squeeze his milk....milking. Wait to to drop below 2.7 if possible.
princeheroopr lower good for canone... consumer have more cash for it's product... n oso canone is highly indebted company.... means expenses for it's loan will be lower n eventually this company may have higher profit... double good... most probably certain investors realize it n the share start to move higher today....
princeheroF&N now flooded with cash n in the midst of discussion for M&A.. could it be f n b nutrition? if kwap offers seem unattractive for canone management, means they may be dealing with a better deal.... worse case scenario is to take up kwap offer.... definitely good bet...
firehawkya lor, dun want to sell at 22, should sell at p/e=30! KWAP, LTAT, KWSP, LTH .... all rush to buy, afraid miss a good thing!
Mgicianbad QR ? or purposely pressing down the price.. ? like PetronM ?
Mgicianhttp://www.thestar.com.my/business/business-news/2016/08/18/kian-joo-md-launches-takeover-of-alcom/ good new for CAN-ONE ??
veryluckybe patient,be strong,this stock is sure undervalue
princeheroif the see's family plan to control bec kjcf, one of the way is to control can one... cheaper n ezier route to do it.. can liase with mr teh n mr koon... both of them oredi control around 30% of canone .. they just have to spend around 60-120 million will do for another 10%to 20%...
princeherokjcf results are out n quite good... so canone got hope to rebound next monday...
princeheronestle profit up quite a substantial amount... means f n b shud be fine... this coming quarter by right canone shud be able to produce good results... since kjcf can manage the forex well , n both management are under the same man...
cheatedEPS is the most powerful catalyst to move share price.
Golden Rule: Do not buy if you are not sure it can make more profit in the current year than last year because when the annual result shows a reduced profit, the price will surely drop. http://klse.i3investor.com/blogs/koonyewyinblog/102046.jsp
princeheroat least the results is good .. better than expected... rather than another surprised drop in profit... seems like the management can handle the forex well after previous 2 quarters experience....