It is a profitable business , otherwise china won't invest a plant in Malaysia

China-based canmaker Baosteel’s first beverage can plant in Malaysia has started production. Located on a 16-acre site within the Eco Business Park V at Puncak Alam in the Klang Valley of Selangor state, construction of the plant began in December 2020 with commercial cans being made this month (February). The first phase of the RMB461 million (US$66m) project has the capacity..

cash out for CNY

thank you KYY for providing liquidity to the market and create some noise for the boring KLSE .. However you should not follow blindly on his suggestion...

no one is so free to go to press the price.. this stock cannot short sell , no benefit for the big player.. I guess the big player might be cash strapped ...no money to push

SB survive crash of glove related stock than the crash of tech stock. SB also survived from force labour issue and the price was holding on despite major crash ..sound too good to be true and it holding strongly at 0.35....
As it is still suspended!!!!...:)

survive the crash.. not tech stock, no forced labour issue , not glove related ,
Stable business

looked cheap

start to move

https://www.sinchew.com.my/?p=3548424

no power no push...see so many days also static at that price only ..maybe its the time for the big player to go to sleep lol

after this more and more will buy special perils insurance ..long term will be good for MNRB

stock price will be back to the intrinsic value....today the price didn't drop and holding on

stock price will be back to the intrinsic value....today the price didn't drop and holding on

E. RISKS
Volatility in commodity prices. Raw material generally makes up 70% to 80% of Can-One’s cost. Any big changes
in commodity prices will result in margin compression as it takes time for the company to pass on costs to its customers.
Foreign exchange risks. Can-One’s profitability is subject to currency effects as the raw material it uses are directlyor indirectly quoted in USD. About 35% to 40% of the group’s raw material costs are quoted in USD while the
remaining is sourced locally in ringgit. However, its income is naturally hedged as about a quarter of its sales are for export market.
Operational risks. Can-One is subject to local and foreign policies that could impact its profitability. Such policies include minimum wage, import and export policies among others. As a manufacturing company, it may also experience operational disruption such as pro-longed machinery breakdown/ accidents that could potentially affect its output. As an established company, we believe that Can-One have implemented sufficient measures to prevent such events and minimise impact of these incidents.

just collect in dips .. not many company able to make money in Q3 .conservative calculation , EPS 5cents x4 ..minimum EPS 20cents.. how many stock in bursa can give u EPS 20 cents for 1.xx share with a stable business ( non cyclical )

PE <2 ...frankly , risk reward ratio... worth a bet

空前的供应链混乱正在全球各个行业上演，今年全球汽车行业因芯片短缺损失约2100亿美元，食品饮料行业也被波及。供应链危机导致包装、物流、能源等供不应求、价格上涨，这与大宗商品价格上涨和粮食供应短缺叠加，更加导致企业不得不通过涨价抵消成本的上涨。

和其他零售公司一样，可口可乐在供应链中的混乱和商品成本上涨的现状中，遭遇了供应短缺。此前据外媒报道，由于“铝罐短缺”造成供应链危机，可口可乐在英国和欧洲大陆的装瓶业务正面临压力。新冠疫情和英国脱欧加剧大型货运卡车司机的短缺，使批发商难以将货物送到商店，带了一系列物流挑战。

根据财报，可口可乐今年Q3的营收增长主要是由于销量的大涨和价格上调抵消了商品和运费上涨带来的影响。

随着新冠疫情相关的不确定性正在减弱，餐厅和电影院消费逐步复苏，消费者们重出家门，带动了可口可乐第三季度销量大增。另一方面，通货膨胀推动了大宗商品原材料成本的上涨，使得可口可乐的塑料瓶、铝罐包装材料和高果糖浆原浆等原材料成本显著上涨，可口可乐在今年4月宣布涨价，将价格上涨的成本转嫁给消费者，以提升利润空间。

这是可口可乐时隔三年后的再次提价，上一次涨价是在2018年，当时公司给出的官方原因是时任总统特朗普提高了罐装原材料铝的关税价格。今年全球其他食品和饮料公司巨头也对产品进行了提价。以麦当劳为例，三季度财报显示，麦当劳净利润21.5亿美元，高于去年同期的17.6亿美元，同样受到了美国大客户订单和菜单的价格上涨的影响。

然而，当前食品企业面临的成本压力绝不仅仅是来自于原材料的价格上涨，更深层次的原因在于供应链危机。

https://news.zol.com.cn/765/7652117.html
不只芯片缺，韩国或将面临易拉罐短缺危机

No of Securities Held After Changes:
Direct : 2,700,000 units (1.1400%)
Indirect/Deemed Interest : 161,386,452 units (68.0400%)
Total : 164,086,452 units

main shareholder own near to 70%..privatisation target ?

@treasurehunt , a lot of possibilities, we wont know about it. They are operating at 60 % capacity , if still can make money is very good .
risk to Can1 is minimal .now Can1 drop due to market sentiment
1.The reemergence of omicron virus won't affect them much if another lock down , last MCO Can1 still can operate at 60% unlike a lot of factories .
2.The risk of force labor issue is minimal unlike the glove and EMS sector .
3.No single concentration of main customer .
4. Foreign worker : Can1 don't depend on Indonesia worker unlike construction and plantation sector

Can or cannot in this market will need Mr Market to answer ....

looking cheap

factory site visit
https://www.youtube.com/watch?v=aSUMvS5Tsxc

PE < 5 , main shareholder :PNB

"I have slightly less than 5% of the total issued shares to avoid reporting my trading activities under SC rules:I have slightly less than 5% of the total issued "shares to avoid reporting my trading activities under SC rules"

market cap about 250m , 5 % about 12.5M.....

Coca-Cola’s supply chain under pressure due to shortage of cans

https://www.theguardian.com/business/2021/sep/02/coca-colas-supply-chain-under-pressure-due-to-shortage-of-cans

"Candemic "= can shortage during pandemic

https://www.fox5vegas.com/news/supply-chain-disruption-leads-to-candemic-hitting-las-vegas-area-microbreweries/article_cfe47792-3203-11ec-ae01-478b64e88a84.html

market cap only 249 Million, KYY can all in to buy and privatize the company ..but he didn't do so...
End of discussion

Boxpak loss 11M on Q3 .. this explained lower profit

Private Placement - 259,727,000 shares at 0.050.

analysis from treasure hunt was good, the main problem with this counter is lack of coverage by analyst + the management team not doing enough cooperate presentation in engaging with investor unlike Able Global (Johor Tin )

I owned Kianjoo berhad (KJB)share previously as long term investor until the day it was privatized by Can1
KJB was valued at 1.4 B , KJB was also bid by a Japanese consortium value it around 1.4x B when they want to get the 32.9 % KJB share owned BY Can1.
---------------------------------------------------------------------------------------
Before privatization
KJB market cap around 1.4B
Can1 around 600M
after privatization
Today market cap about 800m
that mean a combined market cap of 2 B become 800M
Can1 sold their creamer business for 1B that is extra money
so now at this price u buy Canone is like last time u buy KJB and get free can1 share with Extra 1B cash proceed from selling the creamer business + their factory land machinery +etc

Business model
market condition 2015 vs 2022 didn't change much
business model didn't change much
recession proof industry
market leader in South east Asia and Malaysia ( 70% market share )
now share price around RM 4

In summary , you can do your math and its just my opinion . Buy at your own risk
P/s I owned Canone bhd share

Current market condition is no longer base on logic . its good for bargain hunting for value stock now .

Despite movement restriction in Vietnam and Malaysia,
Can1 still recorded profit. Lower revenue thus translate to lower profit, if they regain in full capacity ,I think they should have a better quarterly report on 4th quarter .

https://fb.watch/9u1L_qo-c8/
alluminium and PET bottling

She noted that SSPN deposits rose to a record-high of RM1.99 billion last year -- an increase of RM623.82 million or 45.6 per cent from RM1.37 billion in 2019 -- bringing the total amount of SSPN deposits to RM7.88 billion as at Dec 31, 2020.
Noraini also added that 436,101 new SSPN accounts were opened in 2020, bringing the total number of accounts to 4.82 million since it was established.

KUALA LUMPUR: The National Higher Education Fund Corporation (PTPTN) today unveiled a new product under its National Education Savings Scheme (SSPN).

Known as Simpan SSPN Plus, it is an improved and new look of its existing (SSPN)-i Plus.

PTPTN chief executive Ahmad Dasuki Abdul Majid said the Simpan SSPN Plus offers more options to the depositors through its strategic partnership with three takaful operating companies namely Hong Leong MSIG Takaful Bhd, Great Eastern Takaful Bhd, and Takaful Ikhlas Family Bhd.

"Simpan SSPN Plus is a competitive and unique product that combines savings for education with the benefits of takaful protection, which is indeed the best among other education savings plans that are available on the market

SSPN -i : takaful ilkhlas family

tutup kedai liao..closed shop

MNRB HOLDINGS BERHAD(KLSE : MNRB) added to S&P Global BMI Index

It is a good buy when the price is around 0.50...

Baltic index all time high .Major Port are congested. Unless the good can reach to customer...

Institutional fund , UNIT , value in USD -1000

2021-09-29 NP DFAE - Dimensional Emerging Core Equity Market ETF 400 0
2021-09-24 NP DFA INVESTMENT DIMENSIONS GROUP INC - World ex U.S. Targeted Value Portfolio Institutional Class 102,843 31
2021-09-24 NP DFA INVESTMENT DIMENSIONS GROUP INC - Emerging Markets Sustainability Core 1 Portfolio Institutional Class 49,400 15
2021-09-24 NP DFA INVESTMENT DIMENSIONS GROUP INC - Emerging Markets Social Core Equity Portfolio Shares 139,467 43
2021-09-24 NP DFCEX - Emerging Markets Core Equity Portfolio - Institutional Class 3,293,154 1,008
2021-09-24 NP Dfa Investment Trust Co - The Emerging Markets Small Cap Series 1,247,988 382
2021-09-24 NP DFA INVESTMENT DIMENSIONS GROUP INC - World ex U.S. Core Equity Portfolio Institutional Class Shares 182,774 56
2021-09-24 NP DFA INVESTMENT DIMENSIONS GROUP INC - T.A. World ex U.S. Core Equity Portfolio - Institutional Class 70,000 21
2021-09-24 NP Dimensional Emerging Markets Value Fund - Dimensional Emerging Markets Value Fund [click for advisory] 1,983,779 607
2021-09-24 NP DFA INVESTMENT DIMENSIONS GROUP INC - Emerging Markets Targeted Value Portfolio Institutional Class 50,800 16
2021-08-26 NP JOHN HANCOCK VARIABLE INSURANCE TRUST - Emerging Markets Value Trust Series I 36,891 11
2021-07-26 NP AVEM - Avantis Emerging Markets Equity ETF 10,700 3

MNRB’S TOPLINE IMPROVED BY 25%
1 Sep 2021
Kuala Lumpur, 1 September 2021 – MNRB Holdings Berhad (MNRB) has announced its financial results for the first quarter ended 30 June 2021 (Q1 FY2022). Despite the challenges imposed by the ongoing resurgence of COVID-19 cases and the reinstatement of Movement Control Order (MCO), the Group delivered a 34.9% increase in its Gross Written Premiums and Takaful Contributions to RM675.4 million as compared to RM500.8 million recorded in the same period last year. MNRB’s Group Net Profit however, declined slightly by 8.3% to RM46.6 million from RM50.8 million recorded in the corresponding quarter last year.

Commenting on the performance of MNRB Group for the period under review, Zaharudin Daud, President & Group Chief Executive Officer of MNRB said, “The impact arising from the COVID-19 pandemic including the emergence of the new Variants of Concern (VOC) will continue to cause challenges to our operating landscape. Despite this, our operating subsidiaries continued to persevere and focused on operational resiliency and as a result, contributed to the growth in our Gross Premiums and Takaful Contributions”.

Malaysian Re continues its overseas expansion

Malaysian Reinsurance Berhad (Malaysian Re), the Group’s reinsurance subsidiary, registered a 30.1% increase in Gross Premiums to RM421.0 million as compared to RM323.7 million registered in the same period last year. This was primarily driven by growth from the overseas business segment. Its Net Profit registered lower by 32.4% to RM23.8 million against RM35.2 million in Q1 FY2021, mainly due to lower net investment income attributed to the weakened equity market.

Zaharudin further added, “Malaysian Re continued to demonstrate solid growth trajectory by recording its highest first quarter premium of RM421.0 million. As we advance further in FY2022, we shall capitalise on opportunities to grow our business in the overseas markets as their businesses re-open after positive progress in containing the pandemic”.

Higher Gross Contributions for Takaful IKHLAS General

The Group’s general takaful arm, Takaful Ikhlas General Berhad (Takaful IKHLAS General)’s Gross Contributions grew 23.0% to RM94.0 million in Q1 FY2022 from RM76.4 million in Q1 FY2021, mainly contributed by growth in the Agency and Bancatakaful channels. Its Net Profit however, declined by 18.3% to RM5.8 million from RM7.1 million recorded in the same period last year mainly due to lower net investment income and higher acquisition expenses.

Takaful IKHLAS Family charting growth in Q1 FY2022

Q1 FY2022 saw the Group’s family takaful business recorded substantial improvements in its performance. Takaful Ikhlas Family Berhad (Takaful IKHLAS Family)’s Gross Contributions increased by 58.6% to RM161.9 million from RM102.1 million recorded in Q1 FY2021, which was largely contributed by recovery in the credit-related business from its Bancatakaful channel. New Business for Takaful IKHLAS Family, as measured by Annual Contribution Equivalent, rose by 97.8% to RM18.4 million from RM9.3 million in Q1 FY2021. Its Net Profit grew substantially by 411.5% to RM13.3 million from RM2.6 million in Q1 FY2021 which came on the back of higher wakalah fee due to growth in Gross Contributions.

“Our takaful businesses remained resilient and carried out relentless efforts including launches and campaigns of new products, such as our new Cancer Rider. At the same time, we also observed a higher participation in our products as we see that Malaysians are more aware of the importance of getting takaful protection amidst the current uncertain environment,” said Zaharudin.



Outlook for FY2022

Commenting on the outlook for MNRB Group, Zaharudin said, “The Group is cognizant of the risk from the Delta variant which may potentially hinder the economic recovery globally. Nevertheless, we remain hopeful with the National Recovery Plan adopted by the Government as well as the speed of our country’s vaccination rate in driving the country’s economic recovery. In view of this development, MNRB Group continues to strengthen our businesses and prepare for the expected economic recovery to ensure we emerge stronger collectively in FY2022 while continuing to carefully mitigate the setbacks from the ongoing COVID-19 pandemic”.

MNRB has recently announced the payment of a final single-tier dividend of 4.0 sen per share for its financial year ended 31 March 2021, amounting to approximately RM31.3 million, which is subject to shareholders approval at the forthcoming Annual General Meeting.

recovery stock

undervalue ..just be patience.

KYY - he just slaughter the small retail trader ..maybe he is in a mess with hiapteck

thanks treasure hunt for your sharing . its a good pick