Extract from 360Capitalist on CANONE

*****Estimate EPS 16 cents per quarter, annualized at 64 cents***** 
MINIMUM FAIR VALUE (13,22 Times) is RM8.46, 
AVERAGE MKT P/E SCENARIO (20Times): RM12.80 
PEAK BULL SCENARIO (29.97Times): RM19.20 

Based on peer to peer valuation, peg against Johotin share price at P/E 13.22 times, Can One fair value is RM RM8.46 while industry P/E is ranging for 13.22 times to 29.97 times. 
Industry Peer Valuation at P/E multiples (10.3 times to 29.97 times) :- 
Johotin 13.22 
Apollo 13.78 times 
3A 20.44 
DLady 20.86 
OFI 20.99 
Hup Seng 21.72 
F&N 23.82 
Kawan 23.83 
Nestle 29.97 

Remark : Strongest Buy Call at below RM5.00. Price will move up strongly after Quarterly Result Release next week and In Anticipation of Bonus Issue at 1 : 1. 
 

Thank you 360Capitalist for the good write up on Canone                             

HAPPY TRADING & GOOD LUCK

BURSAMASTER BULLSEYE

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