KIAN JOO CAN FACTORY BHD

KLSE (MYR): KIANJOO (3522)

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Last Price

3.05

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

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669 comment(s). Last comment by Gore Victor Lee 2019-08-29 15:11

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2018-07-10 11:50 | Report Abuse

TP2.20. DY remains low.

sheldon

1,384 posts

Posted by sheldon > 2018-08-24 10:17 | Report Abuse

This company is characterised by low dividends with low price. Now the results are pathetic. Myanmar expansion is further eroding cash flows.

KLCI King

3,220 posts

Posted by KLCI King > 2018-08-25 02:06 | Report Abuse

Matter of time to "jump" down

sheldon

1,384 posts

Posted by sheldon > 2018-10-24 11:02 | Report Abuse

with poor dividends, who wants to buy this co's shares?

princehero

550 posts

Posted by princehero > 2018-11-21 22:12 | Report Abuse

When is the results out... would be quite bad I suppose

Posted by crash8593970308 > 2018-11-22 16:47 | Report Abuse

the only way the share price is going is up......the downside in limited , school holiday coming , cny coming sales and demand should be good . the effect of no gst should kick in at the coming QR

Posted by crash8593970308 > 2018-11-22 19:16 | Report Abuse

price of materials for tin can also drop a lot as much as 20%

princehero

550 posts

Posted by princehero > 2018-11-23 00:17 | Report Abuse

i hope it would drop as i haven't bought this share.....Looks like it would drop as mounting pressure....

sheldon

1,384 posts

Posted by sheldon > 2018-11-26 10:17 | Report Abuse

What terrible results! When results were good, dividends were pittance;

now results are poor, dividends will be non-existent.

sheldon

1,384 posts

Posted by sheldon > 2018-12-13 11:34 | Report Abuse

any idea why the suspension?

Syndicates

863 posts

Posted by Syndicates > 2018-12-13 22:43 | Report Abuse

takeover at 3.1

yipgusing

483 posts

Posted by yipgusing > 2018-12-14 00:08 | Report Abuse

haha .. no1 even bother to talk about the suspension in this forum ... this share seriously hopeless

Syndicates

863 posts

Posted by Syndicates > 2018-12-14 08:59 | Report Abuse

apek stock is like this one la..

sheldon

1,384 posts

Posted by sheldon > 2018-12-14 09:13 | Report Abuse

HoHoHo ... it's going to be a white Christmas!

yipgusing

483 posts

Posted by yipgusing > 2018-12-14 09:17 | Report Abuse

wah ... look at the opening ... is it serious this time

yipgusing

483 posts

Posted by yipgusing > 2018-12-14 09:42 | Report Abuse

3.1 MGO ..no wondder

Speed123

763 posts

Posted by Speed123 > 2018-12-14 09:45 | Report Abuse

haha . sad volume.. better run once open for sell

Syndicates

863 posts

Posted by Syndicates > 2018-12-14 10:55 | Report Abuse

better run lor.. deal hardly go through one. gearing become so high once after they merge. if canone's shareholder reject, price would not be so high as now.

pharker

1,081 posts

Posted by pharker > 2018-12-14 10:58 | Report Abuse

Limit up...Monday another round... See family may not want to let go..KJCF...

Posted by triplewaves > 2018-12-14 11:51 | Report Abuse

Trap... Trap...

brushsoo

50 posts

Posted by brushsoo > 2018-12-14 16:17 | Report Abuse

The MGO can be financed by combination of funding by Can-one, not necessarily only debts financing.

princehero

550 posts

Posted by princehero > 2018-12-14 20:04 | Report Abuse

Missed the boat..,

ivan9511

3,854 posts

Posted by ivan9511 > 2018-12-15 00:45 | Report Abuse

now you guys believe me
find back my previous comment
as ::


ivan9511
2929 posts
Posted by ivan9511 > May 5, 2018 05:23 PM | Report Abuse X

ivan9511 Sapu sapu
Sure comfirm limit upppppppppppp
Very strong solid comapny
Sure uppplp
Sapu
06/04/2018 15:03


oks911
73 posts
Posted by oks911 > Jun 25, 2018 09:00 PM |
ivan9511
2929 posts
Posted by ivan9511 > May 5, 2018 05:23 PM | Report Abuse X

ivan9511 Sapu sapu
Sure comfirm limit upppppppppppp
Very strong solid comapny
Sure uppplp
Sapu
06/04/2018 15:03


oks911
73 posts
Posted by oks911 > Jun 25, 2018 09:00 PM |

ivan9511

3,854 posts

Posted by ivan9511 > 2018-12-15 00:48 | Report Abuse

AND iGIVE TIPS HERE
try see FAVCO FAVELLE FAVCO BHD AND Bank Islam , anytime
This one I already give tips while at lowest and already limit upppp
////m

next will be favco and bank islam

pharker

1,081 posts

Posted by pharker > 2018-12-15 06:56 | Report Abuse

As long as the trigerring party dun pare down their shareholding..its MANDATORY general offer..still need Canone shareholder approval oe not? Not veru sure how it works. Any sifu can share knowledge. Thanks

James Ng

2,678 posts

Posted by James Ng > 2018-12-15 12:57 | Report Abuse

https://klse.i3investor.com/blogs/general/186711.jsp
[转贴] [KIAN JOO CAN FACTORY BHD:锡板,铝板和纸卷等直接材料的成本不断上升,生产成本增加,包括人工成本,马来西亚政府提议将最低工资提高10%,从每月RM1,000增加到RM1,100] - James的股票投资James Share Investing

Posted by crash8593970308 > 2018-12-16 13:49 | Report Abuse

laughing all the way to the bank

ivan9511

3,854 posts

Posted by ivan9511 > 2018-12-16 14:20 | Report Abuse

Next up is Favco and Bank Islam ;:

now you guys believe me
find back my previous comment
as ::


ivan9511
2929 posts
Posted by ivan9511 > May 5, 2018 05:23 PM | Report Abuse X

ivan9511 Sapu sapu
Sure comfirm limit upppppppppppp
Very strong solid comapny
Sure uppplp
Sapu
06/04/2018 15:03


oks911
73 posts
Posted by oks911 > Jun 25, 2018 09:00 PM |
ivan9511
2929 posts
Posted by ivan9511 > May 5, 2018 05:23 PM | Report Abuse X

ivan9511 Sapu sapu
Sure comfirm limit upppppppppppp
Very strong solid comapny
Sure uppplp
Sapu
06/04/2018 15:03


oks911
73 posts
Posted by oks911 > Jun 25, 2018 09:00 PM |


ivan9511
2931 posts
Posted by ivan9511 > Dec 15, 2018 12:48 AM | Report Abuse X

AND iGIVE TIPS HERE
try see FAVCO FAVELLE FAVCO BHD AND Bank Islam , anytime
This one I already give tips while at lowest and already limit upppp
////m

next will be favco and bank islam

Posted by Lukey_Greek > 2018-12-16 17:51 | Report Abuse

The intention of YJH & PAC is clear. They wanna proceed with MGO & accumulate KianJoo shares in current weak sentiment. Else they wont incurred cost & time to engage AmInvestment Bank to undertake the exercise. They can easily pare down their shareholding to <30% in the market to comply with SC sanctions imposed.

Datokim

573 posts

Posted by Datokim > 2018-12-16 17:51 | Report Abuse


THis is one counter i regretted letting go to buy DIGI..... looks like going to hit RM3 any time soon.
https://youtu.be/wOt_aIQlUbs

sheldon

1,384 posts

Posted by sheldon > 2018-12-16 23:40 | Report Abuse

The previous offer by Aspire was RM3.30 & that was considered low by minority shareholders.

Now a year plus later, the following cannot be denied

- RM is weaker against USD
- RM is of lower value from time value of money context
- Net asset value per share has increased given that the peanuts dividends paid lately were far less
the earnings.

One can conclude that 3.10 which is a steal !

newbie4444

1,261 posts

Posted by newbie4444 > 2018-12-17 04:21 | Report Abuse

Why lousy QR also chased so high?

newbie4444

1,261 posts

Posted by newbie4444 > 2018-12-17 04:22 | Report Abuse

If chased bec NTA many stocks below NTA why not chased also?

david3333

596 posts

Posted by david3333 > 2018-12-17 08:22 | Report Abuse

actually it was 5 years ago that EPF tried to buy KJ at RM3.30 and people were screaming it undervalued the company.

there is merit to this deal even at RM3.10 but the way Canone went about it is in bad taste. they tried to hide it and not make a MGO but somebody whistleblow to SC and they got fined and forced to do the MGO.

they did not want to do it because they already have controlling interest and running the show in KJ. why spend so much money?

I have a feeling if this deal is not aborted or failed, the acceptance will not be high as the See family and EPF will not accept it.

the major positive to this deal is not the earnings of KJ but their large portfolio of undervalued properties and another listed company Boxpak.

mudah288

34 posts

Posted by mudah288 > 2018-12-17 11:13 | Report Abuse

Lukey_Greek, your observation is SPOT ON ! This guy do not go to so much effort for nothing. Look at the BIG picture why he wants to collect as much shares as possible at this level ?

pharker

1,081 posts

Posted by pharker > 2018-12-17 13:16 | Report Abuse

This guy is now collecting at below 3.10..at 2.75 level...once reached 50%..can take the entire KJ at much lower cost whether u like it or not..He is not stupid..very shrewd..pity KJ minority.

pharker

1,081 posts

Posted by pharker > 2018-12-17 13:20 | Report Abuse

That time MGO will jadi Mandatory Take over offer

pharker

1,081 posts

Posted by pharker > 2018-12-17 13:24 | Report Abuse

i.e Unconitional take over

pharker

1,081 posts

Posted by pharker > 2018-12-17 13:26 | Report Abuse

Now pressing down price for ppl to unload n collect till reach more thwn 50%

sheldon

1,384 posts

Posted by sheldon > 2018-12-17 14:30 | Report Abuse

I think as Can One & gang picks up the shares cheap, they are also throwing the shares if the price goes beyond 2.80 due to the demand so that the net shares bought will be cheaper than 3.10.

Posted by crash8593970308 > 2018-12-17 17:29 | Report Abuse

better sell c 1 acting like conman counter

mbge7clt

755 posts

Posted by mbge7clt > 2018-12-18 22:04 | Report Abuse

looks like arbitrage opportunity. is the offer for real? can the offeror cancel anytime?

AlfI3

1,249 posts

Posted by AlfI3 > 2018-12-26 21:11 | Report Abuse

Bear in mind tat this grp of conmen goreng Boxpack till 2.68 for trapping naive investors to subscribed rghts issues. Once d rights listed, dey trapped n siphon away all those funds n pressed Boxpack till belo $1.20 w/in a yr time. I remembered this lesson well n hope u guys b cautious on this conmen tactics. Dun drop till u cant tear out.......

Posted by watchdog88 > 2019-01-03 00:50 | Report Abuse

Funny, why nobody buy at RM2.62 and sell at offer price of RM3.10 ? Unless nobady expect the offer will be successful ?

johnbrooks

118 posts

Posted by johnbrooks > 2019-01-04 21:02 | Report Abuse

Watchdog, i also think the same thing. But logically can one should already know that they will need to do an mgo before negotiating the deal w mr tan right? I mean they are already @ 32.9%. Buy 500k shares also already trigger mgo. Why the heck nego to buy 2.2mil share with a friendly party to only back away at the last minute? I think deal will go through. Just that now everyone is too pessimistic. I think last month it even fell to 2.48. Mayb just buy and hold till egm. Pray a lot and hope deal will go through.. Dunno where to put money anyway.. Every thing looks crazy now..

apolloang

18,163 posts

Posted by apolloang > 2019-01-04 21:05 | Report Abuse

a few times mgo unsuccessful,maybe won't again,if really can now is between 3.00-3.05

sheldon

1,384 posts

Posted by sheldon > 2019-01-05 04:55 | Report Abuse

EPF is buying in chunks. Perhaps they are acting in concert with Can One

Posted by lionel messi > 2019-01-06 10:50 | Report Abuse

pls be aware that this need Canone shareholders' approval at an EGM later. if they reject it, the whole MGO thing will be aborted and KJoo will go back to sleep at around RM2.00.

AlfI3

1,249 posts

Posted by AlfI3 > 2019-01-16 10:12 | Report Abuse

Lionel, any idea when wud b d dateline for Canone EGM for this aprvl? As SPB mgo prc increased frm 5.70 to 6.30. Wud kianjoo folo d same pattern?

AlfI3

1,249 posts

Posted by AlfI3 > 2019-01-16 10:13 | Report Abuse

Lionel, any idea when wud b d canone egm?

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