this is luck, no choice, hope for the best tomorrow, may be the directors are waiting for panic sellers to dispose their holdings then goreng again, there sure will be support and hopefully it won't be too low
there r no signs of profit dropped? latest 29Feb 18.05% up 25Nov 2015 9 ms net profit up 66.79% I think the sellers r margin players who had bought too high when it peaked from 448 to 517? it is now valued buy? when the rest panic , u become brave....
Monday, 29 Feb 2016
5:41PM CANONE PROPOSED FIRST AND FINAL SINGLE-TIER DIVIDEND 5:41PM CANONE Financial year end net profit 83.811 million (increased 18.05%)
Monday, 22 Feb 2016
6:09PM CANONE TEH KHOY GEN (8,000,000 units Transferred) 6:06PM CANONE GENKHO CANDOZ SDN BHD (8,000,000 units Transferred)
Wednesday, 16 Dec 2015
5:46PM CANONE Change of Registrar
Wednesday, 25 Nov 2015
5:49PM CANONE Nine-month net profit 69.873 million (increased 66.79%)
Maybe Somebody is targeting on Koon Koon (assuming Koon Koon is not part of the recent selldown)....heavy selling pressure on his counters...Koon Koon is too high profile oredi and exposed his cards to all the others..
Please take note that major shareholders are transferring shares into 3rd. party company. It goes to show that Kian Joo will be sold. The offer from TTC for Kian Joo is RM4.40 per share. This offers buying opportunity to investors. The price dropped is not supported by huge volumes. Those were panic sellers. Still the same thing for CanOne- It is worth at least RM5
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....
Superb99
6,603 posts
Posted by Superb99 > 2016-02-29 21:26 | Report Abuse
this is luck, no choice, hope for the best tomorrow, may be the directors are waiting for panic sellers to dispose their holdings then goreng again, there sure will be support and hopefully it won't be too low