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.
Canone boss loves playing shares and pro Umno....You know la..Uncle Koon stays at the opposite camp. Don't be surprised they will take the opportunity to squeeze his milk....milking. Wait to to drop below 2.7 if possible.
opr lower good for canone... consumer have more cash for it's product... n oso canone is highly indebted company.... means expenses for it's loan will be lower n eventually this company may have higher profit... double good... most probably certain investors realize it n the share start to move higher today....
F&N now flooded with cash n in the midst of discussion for M&A.. could it be f n b nutrition? if kwap offers seem unattractive for canone management, means they may be dealing with a better deal.... worse case scenario is to take up kwap offer.... definitely good bet...
if the see's family plan to control bec kjcf, one of the way is to control can one... cheaper n ezier route to do it.. can liase with mr teh n mr koon... both of them oredi control around 30% of canone .. they just have to spend around 60-120 million will do for another 10%to 20%...
nestle profit up quite a substantial amount... means f n b shud be fine... this coming quarter by right canone shud be able to produce good results... since kjcf can manage the forex well , n both management are under the same man...
EPS is the most powerful catalyst to move share price.
Golden Rule: Do not buy if you are not sure it can make more profit in the current year than last year because when the annual result shows a reduced profit, the price will surely drop. http://klse.i3investor.com/blogs/koonyewyinblog/102046.jsp
at least the results is good .. better than expected... rather than another surprised drop in profit... seems like the management can handle the forex well after previous 2 quarters experience....
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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....
Icon8888
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Posted by Icon8888 > 2016-06-29 15:40 | Report Abuse
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