Can-One and Kian Joo Saga Deal : The Game Changing coming as witnessed by Kian Joo shares trade above RM3.30. Higher offer is expected from international bidders. I expect major announcement should be made by Can One soon. End of The Day The Winner is Can One Berhad. My advice is buy now as strong showing even in weak market today. I should see it to trade above RM5.00 by December..
I am expecting CanOne to announce major corporate exercise soon.. Bonus Issue, aborted Kian Joo disposal plan and etc. Last chance to accumulate below RM4.00
The Group’s profit before taxation RM29.7 million (EPS: 14.77)
now we just focus on Food Products division
previous quarter Q2: Tis division alone contributed profit before taxation RM17.7 million (59.6% from group's profit, or EPS:8.8sen )
coming quarter Q3: EPS = ______ ?
can we just use simple calculation to predict the profit contributed from food division?
profit = RM17.7million ( assume similar sales and profit) x (1/0.8) ( A. increase of shares in F&B from 80% to 100%) x (1.15) ( B. increase in 15% capacity or maybe more than that ) x 1.125 ( C. strengthen of US$ ) x ( >1) ( D. weakening of raw material prices. Since incomplete data, assume price no change.) = RM28.62 million = EPS 14.21sen (8.8sen + 5.42sen)
Assume other division able to maintain their performance, we predict the profit before taxation for the coming quarter would be: EPS ~ 20.19sen (14.77 + 5.42)
Note: C. strengthen of USD Q2: april-june ( 1usd -->ringgit: 3.53-3.77) take median: rm3.65 Q3: july-sept ( 1usd --> ringgit: 3.76 -4.45) take median: rm4.105
如果F&B值15倍的话,CANONE值多少钱? 2014年的净利是 70.999 mil. Contribute from Kian Joo = 35.893 mil Contribute from 80% F&B = 28.892 mil Contribute from others = 6.214 mil
现在: F&B值本益比15倍。 Canone owns 32.9% of Kian Joo. Today Kian Joo closing price is RM 3.07, so Kian Joo's market cap is 1,364 mil.
Canone's value: From Kian Joo = 32.9% * 1,364 mil = 448.8 mil From 100% F&B = 112.9 mil / 20% = 564.5 mil From Others = 5 * 6.214 mil = 31.1 mil (assume PE=5 for others) Total value = 448.8+564.5+31.1 = 1,044.4 mil Total enlarged no shares = 192.153mil Total value / share = RM 5.44 per share. Current Canone price = RM 2.74. 2.74 / 5.44 = Discount 50%!
Wednesday, November 18, 2015 canone 5105 broke rm4.00, whether there is an upward road --- Kianjoo Q3 4424 net profit / 3 = 14.74 million, the net profit contribution canone 7.6 sen, Canone Q3 eps estimate there are 18 sen, Q1 + Q2 = 24.5, Q3 = 18, Q4 = 18 annual eps = 60 sen, pe = 10, stock price = rm6 a) Links - SOP **** soldiers panicked horse chaos, fretting chaos? In addition to the exchange rate, the value of the shares influential? Now what to do? Listen and hear more news murmur? Author: SOP2 | Publish date: Fri, 14 Aug 2015, 01:59 PM
yes if you invest in the stock, do not ignore the noise.
yes armored ready to set off, price is what you pay, value is what you get.
1 * After the valuation, select group of elite, eliminate some enough to put together a team, ready to play.
2 * selection process, has been calculated that the stock would be more potential strategies Ti level two or three rungs down on the multi-buy after smoothing holdings. Best not to buy 15% less than flattening, though exceeded low. To look at stocks prevail.
3 * To know what the price is cheap to buy? No more than 20 percent than the bottom is very satisfactory.
4 * If the second stage was the rebound, may consider selling a holding level. (Because when there is choice and recurring.)
5 * traders know how to use technology, can buy on dip, sell on strength transactions may not need long-term holding. (Not along the slow rise or fall.)
Hurried retreat, the heart is not chaos. End of the road there are flowers. Money need to take calculated risks.
b) Investing in stocks of "golden rule" is to just buy the company will make money, the best profitable growth companies every year. That is the so-called growth stocks, high-quality cold-called second-tier stocks predecessors. The officer is only buy Mr. destined EPS growing outbreak of the company, Including the VS, LATITUD, POHUAT, LIIHEN
c) Food stocks just now just recovering, long way to go, but also have a good chance, into canone dividend income can be fixed, And enjoy the capital rise, any investment has risk, I think that shares little risk.
Correct multiple chances to succeed So, a nutshell, we just civilians retail, through their own investment preferences and research, I hope (effort) to earn good returns in the stock market, What master expert, deserve, do not pigeon-holing. No matter what decision we make will honestly face the consequences. Portfolio is not a test, you can not claim a hundred points each. This is more than three years, and then we did some really stupid mistake, but also made more correct decisions, so we can not get such poor results. Real life, wrong and to always cross occurs each time to do right, is not called "successful", it is "perfect", everyone pursuit of the realm (but unlikely to achieve). Successful investor, just need the right investment occurs wants more chances.
(Kuala Lumpur on the 18th hearing) benefit from the Vietnamese Dong and the US dollar, KJCF (KIANJOO, 3522, Board Industrial Products Group) Ended September 30, 2015 third-quarter net profit rose 16.95 percent to 4,000 4,240,008 thousand ringgit, led the first three quarters net profit rose 26.52 percent to bomb 100 million zero 7,830,005 thousand ringgit.
Turnover in the third quarter rose 21.77 percent to 400 million zero 3820006 RM1,000, the first three quarters of turnover grew 16.24% to 1.1 billion 4000 1,550,007 RM3,000.
KJCF in a statement that the improved third quarter results, mainly due to the dong and the dollar exchange rate against the ringgit strengthened, In that quarter 5,100,000 3,000 ringgit foreign exchange earnings. The group also recorded in the third quarter of 9.19 million ringgit loss of derivative financial instruments, mainly related to exchange interest swap contracts Aluminum products to support the market and the long-term dollar forward contracts. Looking to the future, KJCF said a stronger dollar challenge, because most of the raw material is denominated in US dollars, while Malaysia and Vietnam packaging industry competition, The group must continue to review the price structure in order to maintain market share, while the consumption tax also affects cash flow to start running. The Group will continue to review the market position and operational efficiency in order to maintain resilience in 2015 and profitable. (Sin Chew Daily / Finance)
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....
erkongseng
3,192 posts
Posted by erkongseng > 2015-11-14 20:25 | Report Abuse
Canone下周有机会破4 元了.