1 person likes this.

16 comment(s). Last comment by mike90 2016-11-24 13:58

ksng0307

1,038 posts

Posted by ksng0307 > 2016-06-29 16:12 | Report Abuse

Safety wise, buy when it breaks 3.50

murali

5,723 posts

Posted by murali > 2016-06-29 16:15 | Report Abuse

Great mind thinks alike...this is better...less gay

ksng0307

1,038 posts

Posted by ksng0307 > 2016-06-29 16:17 | Report Abuse

Short term wise, RM3.80 will be critical, if can break, then upward trend will most likely prevail

Kensington

158 posts

Posted by Kensington > 2016-06-29 16:40 | Report Abuse

The suggested financial model is sufficiently easy for those not financial savvy to understand. Thanks Icon.

lching

1,404 posts

Posted by lching > 2016-06-29 23:40 | Report Abuse

but CANONE debt is huge.

speakup

27,202 posts

Posted by speakup > 2016-06-30 09:41 | Report Abuse

Canone is a good company. But speakup will skip cos Mr Koon is already heavily in it. When Mr Koon promotes a stock, it is normally time to sell.

meathere

748 posts

Posted by meathere > 2016-06-30 14:18 | Report Abuse

FA aside, there still no clear sign it is bottoming out and changing to uptrend with building volume support.

Ryan Chong

1,603 posts

Posted by Ryan Chong > 2016-06-30 14:40 | Report Abuse

can one = can become one ringgit

beso

2,137 posts

Posted by beso > 2016-06-30 15:59 | Report Abuse

you shd promote canone few yrs back when it was 1.00 but not now

ah_boon

249 posts

Posted by ah_boon > 2016-07-01 01:00 | Report Abuse

Buy to make prominent investor richer and you will getting poorer.

ah_boon

249 posts

Posted by ah_boon > 2016-07-01 01:01 | Report Abuse

As long as its can't make much money and have high debt, the share is not worth to hold.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-07-01 09:50 | Report Abuse

value 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.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-07-01 09:56 | Report Abuse

while waiting for the restructurings and value creations, the share is traded at its NTA and a PE below 10........hahah

newb1995

65 posts

Posted by newb1995 > 2016-11-22 11:49 | Report Abuse

Icon8888, based on EPS of 38 sen and PER of 12 times (for F&B companies), I ascribe a fair value of RM4.56 to the stock.

Icon8888

18,659 posts

Posted by Icon8888 > 2016-11-22 11:54 | Report Abuse

Last week I jumped in already

mike90

203 posts

Posted by mike90 > 2016-11-24 13:58 | Report Abuse

Icon8888 alr cut loss?

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