Posted by boon1515 > 2015-11-25 18:09 | Report Abuse

gooding result,kianjoo contribute better revenue, food product division increase sales but tin can revenue drop. But overall still good result

Posted by kltan > 2015-11-25 18:26 | Report Abuse

Eps should be ~ 0.54 in 2015. PE = 4.2/0.54 = 8.0

Posted by fengtzekai > 2015-11-25 18:30 | Report Abuse

Usually Q4 very strong......can-one!!!

Posted by fengtzekai > 2015-11-25 18:31 | Report Abuse

Will share price rebound tomorrow? After such a strong quarter?

Posted by soojinhou > 2015-11-25 18:43 | Report Abuse

Can one!! Who say cannot hahaha.

Posted by pharker > 2015-11-25 20:07 | Report Abuse

Based on the most conservative approach,

3Qs EPS is 39.29 actual, annualised is 52.4 ignoring high possibility of stronger 4th Q result

EPS of 52.4 n applying lowest industry peer P.E of say 10, very conservative for this industry...the price of CANONE should be RM5.24....minimum potential upside of RM1.00 based on today's closing of RM4,2

The above is skeletal bare minimum approach...ignoring the stake it holds in KJ, which has been increasing in value

Posted by feiloh > 2015-11-25 21:41 | Report Abuse

Congrate to shareholder....thank you eks....

Posted by firehawk > 2015-11-25 22:03 | Report Abuse

so, with this kind of result, can shoot up to 5 ?

Posted by cashonhand > 2015-11-25 22:05 | Report Abuse

same pattern as KESM....drop before Qtr release...thn nxt day hit to top...

Posted by dusti > 2015-11-25 22:40 | Report Abuse

Hope you are all correct.............. Anyone being naughty?

Posted by Contrakaki > 2015-11-26 00:04 | Report Abuse

CanOne can one! Tomorrow gap up!

Posted by zbaikitree > 2015-11-26 00:36 | Report Abuse

continue to drop tomorrow. must test 4.00 first.

Posted by kltan > 2015-11-26 06:50 | Report Abuse

Price is reasonable compared to its earning in last 3q unless something drastic happened like johotin case in q4.

Posted by tftey > 2015-11-26 08:53 | Report Abuse

With that result, the fair price should be RM5.50 to RM6.00.

Posted by feiloh > 2015-11-26 09:59 | Report Abuse

Where is the bonus issue?

Posted by dentab > 2015-11-26 10:09 | Report Abuse

1:1 don't know when??

Posted by J2529 > 2015-11-26 11:19 | Report Abuse

oppsss..no much power today

Posted by 8wpwtmt8 > 2015-11-26 17:56 | Report Abuse

Still okay lah. Closed at RM4.35. See you at RM6.00 next year.

Posted by dusti > 2015-11-28 14:27 | Report Abuse

Interesting article by MAYBANK investment bank in yesterday's The Star. Check it out.

Posted by dentab > 2015-11-29 18:45 | Report Abuse

Mr.Dusti could you help to copy n paste in i3 investor . I do search in star but failed to find it, don't mind helping tqvm

Posted by treasure_hunter > 2015-11-29 20:58 | Report Abuse

Due to the better tone for the KLCI, we are recommending a chart “buy” on Can-One Bhd (Can-One) ( Valuation: 1.80, Fundamental: 1.10). A check on the Bloomberg consensus reveals that no research house covers this stock. Maybank Investment Bank Bhd does not cover this stock fundamentally, too.

CANONE_fd_27112015

Can-One manufactures tin cans and jerry cans for the edible oil and food industries. Its current price-earnings ratio is at a very low level of 7.7 times, while its price-to-book ratio is at a marginally elevated level of 1.19 times. Its return on equity is at a fine 14.8%. For the past five years, the company’s sales revenue and net income have increased steadily. There was no significant news on the stock recently.

Can-One’s chart trend in the daily, weekly and monthly time frames is very firmly up. Its share price has made an obvious surge since its major weekly Wave-2 low of RM2 in August. Since that RM2 low, Can-One has risen to its recent high of RM4.70 this month.

As its share price broke above its recent key critical resistance levels of RM2.89 and RM3.97, look to buy Can-One on any dips to its support areas as the moving averages depict a very firm short- to long-term uptrend for this stock.

The daily, weekly and monthly indicators (like the CCI, DMI, MACD and Oscillator) have issued clear “buy” signals, and now show firm and obvious indications of Can-One’s eventual surge towards higher levels. It would attract firm buying activities at the support levels of RM2.97, RM3.97 and RM4.35. We expect Can-One to witness minor profit-taking at the resistance levels of RM4.38, RM4.47 and RM4.70. Its upside targets are located at RM5.60, RM6.20, RM6.52 and RM6.75.

Posted by treasure_hunter > 2015-11-29 20:58 | Report Abuse

http://www.theedgemarkets.com/my/article/better-tone-december

Posted by dusti > 2015-11-29 22:17 | Report Abuse

dentab. My sincere apologies, the article by Mr.Lee Cheng Hooi of Maybank Kim Eng actually appeared in Friday's The EDGE Financial Daily not elsewhere. treasure_hunter has pulled out the link. I like the upside targets. Good luck!

Posted by PrOsPeRoUs > 2015-11-30 12:26 | Report Abuse

4.02

Posted by beemaro > 2015-11-30 12:36 | Report Abuse

T+4

Posted by J2529 > 2015-11-30 13:25 | Report Abuse

drop so much :O

Posted by treasure_hunter > 2015-11-30 13:36 | Report Abuse

dropping so much, anyone start selling?

Posted by beemaro > 2015-11-30 14:06 | Report Abuse

T+4, clearing contra players

Posted by Kitty Kitty > 2015-11-30 14:53 | Report Abuse

low volume on selldown ..

Posted by VegeKingII > 2015-11-30 21:40 | Report Abuse

Time to accumulate bimb

Posted by Bok Tan > 2015-12-01 05:25 | Report Abuse

Pls read this http://klse.i3investor.com/blogs/koonyewyinblog/87206.jsp

Posted by dentab > 2015-12-01 06:15 | Report Abuse

Is ok Mr.Dusti, what is overall article about, positive or negative? tqvm

Posted by dusti > 2015-12-01 07:44 | Report Abuse

Hi dentab just read treasure_humter's posting just before my earlier posting.The company is doing better and so should shareholders. You should do more than T+4. Cheers and Good Luck!

Posted by dusti > 2015-12-01 08:08 | Report Abuse

Hi again dentab. Mr Koon Yew Yin has an article which may interest you under Top Articles.

Posted by fly_high > 2015-12-01 10:16 | Report Abuse

Although good QR but cannot move up, I guess someone is doing something...

Posted by Xu Yu Fu > 2015-12-01 12:54 | Report Abuse

Profit is better than last quater (06-2015) but the EPS 14.26 is less than last quater EPS 14.77 why?

Posted by Tan Kin Thien > 2015-12-01 14:57 | Report Abuse

Mr Koon suggest to collect? o.0

Posted by lcng123 > 2015-12-01 16:01 | Report Abuse

Canone rebound......

Posted by Anson1818 > 2015-12-01 16:28 | Report Abuse

With all positive feedback/advise, It is TIMING issue~
Catch up before the price fly^^
Collect and Hold.....

Posted by fengtzekai > 2015-12-01 16:51 | Report Abuse

Xu Yu Fu this quarter no. of share is higher to account for new shares issued to acquire the balance 20% of the diary unit

Posted by Bluey > 2015-12-01 21:31 | Report Abuse

Price was 4.70 last Tuesday. A lot to catch up. Can it?

Posted by Anson1818 > 2015-12-02 07:44 | Report Abuse

5.00 is coming. Don't miss this wonderful stock!!! Buy and Hold^^

Posted by bsngpg > 2015-12-02 08:29 | Report Abuse

I like the biz model, it's great numbers and its bright prospects but just cannot "tahan" with its "土霸” major shareholders. I would appreciate if someone can prove me wrong that they are gang of "土霸”。thks.

Posted by fengtzekai > 2015-12-02 12:48 | Report Abuse

bsngpg, agreed with you with the assessment of the major shareholders. But look at it on the positive side, if the are not 牛enough, Can1 shareholders may not enjoy the fruits of Kian Joo now.... a lot of people may not even start tendering for Kian Joo shares, let along to wait for 3 years for the court cases to settle.

But at least, what ever they do....whether is Aspire deal or acquisition of balance 20%, it is done transparently.....and that is important.

Plus performance has been superb over the last 10 years, if you compare to Johotin, 90% same business, listed roughly a year earlier with almost the same set of numbers at that time.

Posted by fengtzekai > 2015-12-02 12:59 | Report Abuse

Also a friend who dealt with them told me that Can1 only sent 3 people to manage Kian Joo after acquisition. The current MD, COO and CFO. Thats it. I guess they must have some 霸气to do that.

Kian Joo also has shown improvement of results in the past 3 years. All i can say is they are both hateable but yet loveable.

Posted by beemaro > 2015-12-02 17:42 | Report Abuse

still under consolidation mode, after that will vroom

Posted by VegeKingII > 2015-12-02 22:43 | Report Abuse

very bad counter, fast fast run

Posted by red_85 > 2015-12-02 23:02 | Report Abuse

guys, based on chart, it formed hanging man and shooting star these few days..run first, will back to 3.62 support soon..MACD also not good aleady..

Posted by dusti > 2015-12-03 07:24 | Report Abuse

So many Chicken Little

Posted by tftey > 2015-12-04 17:23 | Report Abuse

http://klse.i3investor.com/blogs/koonyewyinblog/87602.jsp