Pre-acquisition of Kian Joo in 2012, this counter used to register exciting growth. It seems that after the acquisition of Kian Joo, the attention has been on building Kian Joo and growth of its own business has been neglected!
Canone focus on building the milk division and canning operations to slowly will all be transfered to Kian Joo. There is hardly any contribution from its own canning operations already.
I have been informed by a reliable source that Mr. Koon Yew Yin owns 16,000,000 of Canone and very confident that it would be another LiHen in the making. For those who has Canone, you are lucky as Super Investor Koon is on board.
Posted by cariyoyo > Feb 24, 2017 09:35 AM | Report Abuse
I have been informed by a reliable source that Mr. Koon Yew Yin owns 16,000,000 of Canone and very confident that it would be another LiHen in the making. For those who has Canone, you are lucky as Super Investor Koon is on board
Go to see Annual Report, everything is here...u dont need reliable source etc
I see. I wasn't aware of the Annual Report. I have just went through it and going by the report, Mr. Koon and parties related to him would have 19,398,700 shares. But in any case, my source said he has 16,000,000 shares. Be that as it may, Canone should be interesting going forward as it may attract further interests from the general investors out there.
KYY donated RM50m, among others, and he is now in the 'prime' age...... - why do you guys still think of him having sinister view on money? I think he has lived beyond that already whereas it is us that are still latched on to money and greed. My 2 cents.
KYY had said many times his blog, he wants you guys to make money by learning his skills and knowledge of picking the right stock, he can't keep feeding us fish, we must learn how to catch our own fish. He is old now and money to him is meant different from our perspective now, he event donate hundreds of millions to build hostel for USM students...he is generous enough...Hope we respect him and not keep thinking he has motive or any.....
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....
mike90
203 posts
Posted by mike90 > 2016-11-24 12:11 | Report Abuse
So many desperate seller cut loss?