1 person likes this.
2 comment(s). Last comment by fengtzekai 2016-04-25 17:16
Posted by fengtzekai > 2016-04-25 17:16 | Report Abuse
On Toyota Tsusho, it is not fair to say that they rejected the offer. If you read the announcement and blog responsibly, you will note that actually Toyota Tsusho had been told to get professional advice under the listing guidelines nobody is stopping them from coming back.
No result.
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CS Tan
4.9 / 5.0
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....
fengtzekai
125 posts
Posted by fengtzekai > 2016-04-25 17:11 | Report Abuse
If you really analyse Can-One, it is not hard to realise that the total investment cost of its initial 80% in F&B Nutrition is only RM12 million!
And if you really follow them, you should know that milk powder price plunge big time in 2015. In this business world, only fools will continue to buy at the same price when raw material price has dropped so much.
Revenue drop may be due to drop in selling price but the profit remain.