CAN-ONE BHD

KLSE (MYR): CANONE (5105)

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Last Price

3.30

Today's Change

+0.04 (1.23%)

Day's Change

3.26 - 3.31

Trading Volume

164,900


9 people like this.

2,362 comment(s). Last comment by sheldon 2 days ago

Posted by ArchonInvestment > 2017-05-14 21:03 | Report Abuse

http://www.focusmalaysia.my/Mainstream/can-one-holds-back-cash-to-fund-expansion

The director mentioned that cash was being reserved for "expansion plans" particularly in Middle East, Vietnam, Thailand and Philippines

Is there any potential risks that they funnel out the cash to offshore subsidiaries for their own family and ditch all the minor shareholders by using transfer pricing and loan back methods?

GoLucky88

16 posts

Posted by GoLucky88 > 2017-05-24 04:21 | Report Abuse

Immediate target 4.00

gthhh

172 posts

Posted by gthhh > 2017-05-24 10:55 | Report Abuse

pls keep up the momentum and break recent highest 3.80..

pharker

1,081 posts

Posted by pharker > 2017-05-24 10:56 | Report Abuse

Pushing up price..stock split with free warrants coming ??

zombie321

67 posts

Posted by zombie321 > 2017-05-24 11:09 | Report Abuse

Undervalue counter

mincai

155 posts

Posted by mincai > 2017-05-24 12:55 | Report Abuse

這個股真的很低估

popo92

578 posts

Posted by popo92 > 2017-05-24 13:46 | Report Abuse

very undervalue, but didn't want to wake up.

firehawk

4,772 posts

Posted by firehawk > 2017-05-24 15:43 | Report Abuse

its sister co. Kian Joo, Boxpak ... all very miserable under yeoh .....

dentab

148 posts

Posted by dentab > 2017-05-24 16:43 | Report Abuse

Hope Mr.Pharker news is true split and free warrants!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

zombie321

67 posts

Posted by zombie321 > 2017-05-31 00:08 | Report Abuse

quarter report delay? already 5/31....

sasuke

217 posts

Posted by sasuke > 2017-05-31 21:58 | Report Abuse

out d..good result..

BERKSHIRE

793 posts

Posted by BERKSHIRE > 2017-05-31 22:44 | Report Abuse

http://www.theedgemarkets.com/article/canone-1q-net-profit-jumps-38-revenue-climbs?type=malaysia

KUALA LUMPUR (May 31): Can-One Bhd’s net profit for its first quarter ended March 31, 2017 (1QFY17) grew 38% to RM15.08 million, from RM10.95 million, as revenue across all its divisions improved.

Its quarterly revenue came in 27% higher at RM260.96 million, compared with RM204.89 million in 1QFY16, its Bursa Malaysia filing showed.

The group said its general cans division posted an operating revenue of RM111.7 million, up 27% from RM87.7 million in 1QFY16, mainly due to higher demand for tin and jerry cans. “In tandem, profit before taxation (PBT) of the division for 1QFY17 improved (180% to RM4.81 million) due to higher sales and better efficiency,” Can-One said.

Its food products division’s revenue also climbed 27% to RM168.8 million, from RM133.2 million a year earlier, but PBT fell 18% to RM12.3 million, due to demand in different product mix and higher sales and distribution expenses.

Meanwhile, the international trading division’s revenue grew to RM24.6 million, from RM9.9 million, thanks to higher sales of dairy products, while PBT grew almost 290% to RM569,000.

Its associated company, Kian Joo Can Factory Bhd, contributed RM5.9 million net profit to the group in 1QFY17, up RM2.2 million from 1QFY16.

On outlook, the group said it is cautiously optimistic on its performance for FY17, as management strives to improve productivity and operational efficiency. It will also work to push sales growth in both its domestic and export markets, Can-One said.

Can-One’s share price slid 0.9% or 3 sen to RM3.43 today, valuing the group at RM659.09 million.

firehawk

4,772 posts

Posted by firehawk > 2017-06-01 11:38 | Report Abuse

What a joke!

dentab

148 posts

Posted by dentab > 2017-06-01 15:36 | Report Abuse

now 3.36 what a joke!!!!!!!!!!!!!!!!!!!!!!!!!!!!

sasuke

217 posts

Posted by sasuke > 2017-06-01 21:17 | Report Abuse

earn money aso drop....lose money aso drop...duno how aso

ivan9511

3,854 posts

Posted by ivan9511 > 2017-06-04 00:59 | Report Abuse

from 2 untul 5 then 3.40, this stock play shortterm all untung banyak .

zombie321

67 posts

Posted by zombie321 > 2017-06-05 11:59 | Report Abuse

Cool~ 3.35 at Sell Q....

zombie321

67 posts

Posted by zombie321 > 2017-06-05 11:59 | Report Abuse

being smashed down, poor prospect

Sean08

19 posts

Posted by Sean08 > 2017-06-07 10:27 | Report Abuse

Anyone noticed the FGV's saga?? CEO said he disagreed with several investments and one of it is a creamer factory, 300mil for 30% stake.

mamipoko

98 posts

Posted by mamipoko > 2017-06-22 15:00 | Report Abuse

Canone will definitely be revalued soon. Downside risk is low. there are huge plans on the way and those willing to stay will be laughing to the bank.. just hold for a few months, if you cant wait then byebye!

Posted by derrick8228 > 2017-06-23 12:06 | Report Abuse

why no trade for today?

natukkong

12 posts

Posted by natukkong > 2017-06-27 23:17 | Report Abuse

hiden gem
f & b nutrition and kianjoo alone already worth more than RM5

chkhooju

1,706 posts

Posted by chkhooju > 2017-06-27 23:23 | Report Abuse

Sean08, you mean FGV has a stake in Canone?

alenlim33

35 posts

Posted by alenlim33 > 2017-06-28 10:39 | Report Abuse

Canone boss busy goreng Alcom 2674

mamipoko

98 posts

Posted by mamipoko > 2017-06-28 17:42 | Report Abuse

haha yes, personally feel alcom is already topish. Canone next...

tan lucy

153 posts

Posted by tan lucy > 2017-07-03 10:34 | Report Abuse

gorenged alcom then goreng canone?

alenlim33

35 posts

Posted by alenlim33 > 2017-07-03 10:49 | Report Abuse

haha...

gthhh

172 posts

Posted by gthhh > 2017-07-03 11:12 | Report Abuse

got good news? why suddenly up ?

kirawang

240 posts

Posted by kirawang > 2017-07-03 14:53 | Report Abuse

got news sure down but got rumors different ball game

Posted by Goldchia MH > 2017-07-03 20:41 | Report Abuse

KYY transacted. Buy call

mamipoko

98 posts

Posted by mamipoko > 2017-07-12 10:26 | Report Abuse

Collecting

Sean08

19 posts

Posted by Sean08 > 2017-07-12 11:37 | Report Abuse

chkhooju, FGV got no stake in Canone. What i want to highlight is the plan to divest some shares in F&B Nutri unit is ongoing. At first KWAP, now FGV. Hope something concrete will conclude soon. Then is good news for Canone shareholders.

firehawk

4,772 posts

Posted by firehawk > 2017-07-13 10:43 | Report Abuse

this one wants to become like Kian Joo? very terrible thing!

tan lucy

153 posts

Posted by tan lucy > 2017-07-17 16:24 | Report Abuse

canone gonna goreng soon. buy now or regret later

WM Niaga

1,406 posts

Posted by WM Niaga > 2017-07-17 16:25 | Report Abuse

Ok...Ok...Buy now

kirawang

240 posts

Posted by kirawang > 2017-07-18 16:00 | Report Abuse

good performance in lethargic market

Posted by PoormanTrader > 2017-07-19 12:43 | Report Abuse

Momentum is building

mamipoko

98 posts

Posted by mamipoko > 2017-07-19 17:09 | Report Abuse

Yes. Can one...pisang goreng.

Posted by Ethan Cheong > 2017-07-20 11:56 | Report Abuse

i hold because i believe they can one.

gozilla88

408 posts

Posted by gozilla88 > 2017-07-20 15:42 | Report Abuse

canone cannot ad....

Posted by richard ng > 2017-07-20 22:34 | Report Abuse

lembeh pulak............

wu2016

5 posts

Posted by wu2016 > 2017-07-24 10:29 | Report Abuse

boss sudah tua , lembik.............

dentab

148 posts

Posted by dentab > 2017-07-24 10:30 | Report Abuse

Memang lembik....

kirawang

240 posts

Posted by kirawang > 2017-08-08 15:21 | Report Abuse

people going braless

mamipoko

98 posts

Posted by mamipoko > 2017-08-09 15:55 | Report Abuse

Good buy at 3.3

TakeProfits

1,229 posts

Posted by TakeProfits > 2017-08-21 07:19 | Report Abuse

This one pisang lembek. Hehe. Everyone get canned..

lcng123

1,072 posts

Posted by lcng123 > 2017-08-25 23:01 | Report Abuse

Kianjoo business not that good recently and not much contribute to canone's earnings. management should consider dispose the stake as soon as possible and use the fund to settle the bank borrowings and seeking for other business opportunities.

Posted by chickenrice99 > 2017-08-30 15:28 | Report Abuse

TP:0.50cents all in dividend yield 10% buy buy buy

firehawk

4,772 posts

Posted by firehawk > 2017-09-06 10:49 | Report Abuse

everything under teh khoy gen are very miserable ... box pak, kian joo ... this old thing should get lose and let other ppl to try .....

wongck

127 posts

Posted by wongck > 2017-09-07 11:06 | Report Abuse

price will continue to head south, selling all the empthy cans

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