Long term investors, directors, substantial shareholders need to think strategically....and on this score, the directors of Can One are brilliant.
How did they made so much money selling milk? and now selling off 30% of the milk business at a PE of 20 to pay off all the bank borrowing for the acquisition of Kian Joo......Brilliant....and get to keep and control Kian Joo, a blue chip company .
and when you sell off 30% of the milk division at a PE of 20, there is very little earnings dilution, and what the company can do with the bonanza. and the listing of the milk business within 1 or 2 years., at a good valuation./
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 153 views | 18 h ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 402 views | 4 d ago
0:17
New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Mohd Fahmi Bin Jaes
28,455 posts
Posted by Mohd Fahmi Bin Jaes > 2016-04-20 23:36 | Report Abuse
when article come out, its time to sell