Posted by pharker > 2014-03-10 16:12 | Report Abuse

Why today suspended...what news...gud news ???

Posted by Lance > 2014-03-14 15:12 | Report Abuse

London Bridge is falling down, falling down, falling down.
London Bridge is falling down, my fair lady.

Posted by Lance > 2014-03-14 15:18 | Report Abuse

KUALA LUMPUR: Kian Joo Can Factory Bhd and Aspire Insight Sdn Bhd have extended the deadline to sign a definitive agreement and transaction documents from today to March 31. The extension comes three days after Kian Joo received a letter of intent from the Tokyo-listed Toyota Tsusho Corp (TTC) indicating its interest to buy a controlling 51% equity stake in the aluminium can manufacturer at a tentative maximum price of RM3.74 per share.

TTC’s tentative price is 13.3% higher than Aspire Insight’s offer of RM3.30 per share to buy all of Kian Joo’s assets and liabilities.

In a filing with Bursa Malaysia yesterday, Kian Joo said it and Aspire were “in the midst of finalising the definitive agreement and transaction documents and obtaining internal approvals in relation to them”.

On Jan 29, Kian Joo granted Aspire’s request to extend the deadline from Jan 31 to March 14 for the latter to complete its due diligence and for them to sign the definitive agreement.

The surprise offer from the Toyota group is perceived to have changed the ball game as there is now a better offer on the table for Kian Joo shareholders.

Kian Joo’s board of directors agreed to accept Aspire’s takeover offer on Jan 10. One of the terms of the offer is that Kian Joo cannot sell, offer to sell, or negotiate to sell any of its businesses and undertakings to any third party for six months from the acceptance date.

Considering that Toyota is offering to buy shares in Kian Joo rather than to buy its operations, the restriction may not apply to it, said its corporate finance adviser.

On Monday, TTC said in the letter that it intended to first commence discussions with Kian Joo on a memorandum of understanding, followed by due diligence. It maintains its right to recalculate the offer price of RM3.74.

Kian Joo’s share price climbed 6.2% to RM3.41 from RM3.21 the day after the announcement of Toyota group’s offer. The stock closed at RM3.33 yesterday.

- The Edge Financial Daily, March 14, 2014

Posted by ikan bilis > 2014-04-26 07:07 | Report Abuse

is this Can-one forum or Kian joo forum?? am i enter wrong channel??

Posted by Chin Kim Mei > 2014-05-08 17:49 | Report Abuse

Canone and Kian Joo run is history. True got value. No Player. Price will not go up easily. Show end.

Posted by KowChye > 2014-05-21 14:46 | Report Abuse

Please keep this forum to Canone. Any one knows reason it is dropping...more than a week now. I could not establish the reasons. Please help.

Posted by Laopeklang > 2014-05-21 19:21 | Report Abuse

Im also wondering

Posted by sharn > 2014-05-22 08:31 | Report Abuse

RHB is selling...

Posted by cpng > 2014-05-22 08:38 | Report Abuse

Black heart directors..
Investors sell off

Posted by cpng > 2014-05-22 08:40 | Report Abuse

Chain effect if prices keep falling
Major shareholders is going to face margin calls these few days
Add salt to the wound...

Posted by sharn > 2014-05-22 09:04 | Report Abuse

You sure major shareholders will face margin calls???

Posted by sharn > 2014-05-22 09:05 | Report Abuse

Probability is low...

Posted by cpng > 2014-05-22 09:25 | Report Abuse

Canone directors especially tjis one Yeoh..
Not standard and lousy..
Always thinking bully minority shareholders.
Put company jewel into pocket.
Market is punishing Canone.

Posted by cpng > 2014-05-22 09:26 | Report Abuse

Same with china company.
Want con the shareholders.
Pui ! Pui ! Pui !!!

Posted by Chin Kim Mei > 2014-06-09 13:40 | Report Abuse

Any patience for Canone ? Big Boys control the show. We are onlookers. Wait and see.

Posted by joyceman0810 > 2014-06-13 12:41 | Report Abuse

so shall we keep holding or sell it off?

Posted by moneycashrich > 2014-06-16 13:31 | Report Abuse

To me, it too late to sell now............below net value.....wait and see.

Posted by moneycashrich > 2014-06-17 10:55 | Report Abuse

Canone is going up. Corrrection is over. happy Trading.

Posted by moneycashrich > 2014-08-05 11:18 | Report Abuse

still sleeping...........

Posted by moneycashrich > 2014-08-12 22:13 | Report Abuse

continue to sleep................

Posted by orgfull > 2014-08-14 16:13 | Report Abuse

it's time to wake up loooo~~~~

Posted by QQ12 > 2014-08-14 16:15 | Report Abuse

Hard to wake this counter up... :(

Posted by orgfull > 2014-08-14 16:28 | Report Abuse

still wanna him to wake up...unrealize loss too much in this counter..

Posted by moneycashrich > 2014-08-15 19:11 | Report Abuse

still sleeping..........undervalued....but no players.

Posted by lcng123 > 2014-08-18 23:00 | Report Abuse

i just bought in at 2.58 during low trading volume. kept long term and waiting for the day to come.

Posted by fatty_tang > 2014-09-15 15:37 | Report Abuse

this is one weird counter. company keeps making money but share price keeps going down.

Posted by L. C. Chong > 2014-09-16 15:31 | Report Abuse

CANONE analysis - https://lcchong.wordpress.com/2014/09/16/canone-fundamental-analysis-16-sept-2014/

Posted by lcng123 > 2014-10-09 15:56 | Report Abuse

Retained earnings 399mil, it was 84% of total equity 475mil, with nta 3.11 and estimate eps for 2014 31sen, I think Canone got potential to declare bonus issue. bought some at 2.36

Posted by lcng123 > 2014-10-29 13:14 | Report Abuse

probably good news coming soon....

Posted by lcng123 > 2014-10-29 15:42 | Report Abuse

today canone up 14sen. will it be bonus issue coming soon?

Posted by duitkwspkita > 2014-10-31 01:04 | Report Abuse

......duitKWSPkita Is buying CANONE.....

Dear Fighters,

enjoy your gains from CANONE! If you ask me, I will say CAN one.....

happy trading!

Posted by duitKWSPkita > 2014-11-03 11:25 | Report Abuse

.......CANONE: TP RM2.63 within 2 weeks..........

Dear Fighters,

Kindergarden prediction on CANONE, TakeProfit(TP) at RM2.63 within 2 weeks.
Invest at your capacity(risk profile + holding power).


Happy trading!

Posted by duitKWSPkita > 2014-11-18 10:54 | Report Abuse

congrad to all winners! Case closed! wait for my next prediction!

duitKWSPkita .......CANONE: TP RM2.63 within 2 weeks..........

Dear Fighters,

Kindergarden prediction on CANONE, TakeProfit(TP) at RM2.63 within 2 weeks.
Invest at your capacity(risk profile + holding power).


Happy trading!
03/11/2014 11:25

Posted by natyrag > 2015-01-27 21:37 | Report Abuse

At today's price canone's mkt cap is 360m. The value of the kianjoo shares held by them is abt 480m. I don't see how Anthony seow can stop aspire insight from proceeding with the KJCF acquisition - at 3.30 a share, value to canone will amt to >530m! Guess we will soon find out. We hv waited long enough.

Posted by firehawk > 2015-01-28 10:40 | Report Abuse

ya loh .... kianjoo alone already exceeds the value, the pricing now is too low lah ......

Posted by lcng123 > 2015-01-28 17:53 | Report Abuse

Why nobody discuss Canone in this forum? Nothing is attracted people to leave comments here? How about forex gain/loss issue on Canone?

Posted by natyrag > 2015-01-28 21:21 | Report Abuse

Personally I prefer canone to hold on to their KJCF stake. Combined, they are the proverbial 800lb gorilla. But like I said previously, it's hard to see how the See brothers can stop the aspire takeover. Whichever way this end up, it's clear as day that at today's price, canone is a steal.

Posted by firehawk > 2015-02-05 16:04 | Report Abuse

value good .... but price cannot .....

Posted by lcng123 > 2015-02-05 17:07 | Report Abuse

more 60% of canone revenue is from export of dairy products, strengthening of usd vs rm will benefit to canone. i am expecting excellent financial result in coming quarters.

Posted by firehawk > 2015-02-11 15:59 | Report Abuse

some ppl buy this value stock loh ......

Posted by lcng123 > 2015-02-11 23:35 | Report Abuse

quarterly result will be out end of this month, expect a good result.

Posted by firehawk > 2015-02-27 15:45 | Report Abuse

vol explodes but prx so so .... i think he plays himself (buy/ sell)

Posted by firehawk > 2015-02-28 15:34 | Report Abuse

From the 4Q report:
Revenue from International Trading division increased from RM81.2 million in YE
2013 to RM110.6 million in YE 2014.

Total revenue for 2013 =773m and 2014 =899m.

The International Trading, comprises not more than 15% of the total revenue!

Posted by erkongseng > 2015-03-02 16:23 | Report Abuse

rm 2.68 buy in 5105 canone

Posted by khlim2889 > 2015-03-02 17:57 | Report Abuse

miss the plane , hope still able to catch it up

Posted by erkongseng > 2015-03-03 09:10 | Report Abuse

Bonus will coming

Posted by lcng123 > 2015-03-03 15:23 | Report Abuse

agreed with erkongseng, bonus coming soon....

Posted by erkongseng > 2015-03-04 05:17 | Report Abuse

Eps=41 sen,pe fair value is 8,share price is rm3.28 ,rm2.57 chance buy in now.

Posted by lcng123 > 2015-03-04 12:19 | Report Abuse

agreed with you. canone really undervalued at 2.57. just 32.9% stake in kianjoo already contribute 2014 revenue 35.9mil, after deduct finance cost of 20.2mil, pbt around 23mil (eps 15sen). it's dairy products contribute a lot in Q4 partly due to usd appreciation. 2015 Q1 will be at least maintain eps 17sen.

Posted by erkongseng > 2015-03-04 14:45 | Report Abuse

lcng brother ,good comment,buy in 2.58 more today,see a good future.