treasurehunt 
1807 posts |  Posted by treasurehunt > Dec 1, 2023 10:06 AM | Report Abuse
Able global do well in tin can manufacturing even if the operation is much smaller than CanOne. |
goody99
1760 posts | Posted by goody99 > Dec 1, 2023 10:23 AM | Report Abuse Since the new aluminium can plant in USA is going to be loss making for a few years, maybe it is a good idea to sell now and buy back later. |
treasurehunt
1807 posts | Posted by treasurehunt > Dec 1, 2023 10:39 AM | Report Abuse Its Myanmar aluminium can business has hit the snag due to political uncertainty. The first loss making entity in aluminium can, US is another loss making operations too. |
mcheat
60 posts | Posted by mcheat > Dec 1, 2023 11:04 AM | Report Abuse @treasurehunt With a result like that, and with high gearing, and the experienced president leaving, the future is bleak for the group if run by Yeoh family. I will be surprised if their financiers will not be concerned. |
treasurehunt
1807 posts | Posted by treasurehunt > Dec 1, 2023 11:30 AM | Report Abuse Mcheat. Put it simple, Yeo family doesn't have sufficient expertise in managing the can manufacturing business. |
treasurehunt
1807 posts | Posted by treasurehunt > Dec 1, 2023 6:54 PM | Report Abuse Yeoh did exceptionally well in trading and marketing business. He disposed 60% stakes in KingKoil for RM 116 million and condensed milk operations for RM 900 million in 2016. The biggest joke was he went into headache can manufacturing business through acquisition of Kian Joo. |
fengtzekai
125 posts | Posted by fengtzekai > Dec 2, 2023 10:01 PM | Report Abuse Yeoh made big fortune out of his investment in Can One and Kian Joo. But the guys who helped him left. Whether he and his family have enough expertise to run the business is questionable. The new finance team seems to only know how to kitchen sink it seems…. |
treasurehunt
1807 posts | Posted by treasurehunt > Dec 4, 2023 4:57 PM | Report Abuse The can factories in Kian Joo are far more diversed than original Can One. Production of cans ranging from exploiting high speed machine and low speed junks for big cans. Complex and messy. Being a CEO in CanOne is a life suffering job. Hahaha |
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ngyewchai76
172 posts | Posted by ngyewchai76 > Feb 26, 2024 4:39 PM | Report Abuse Yeoh is coming !!!
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thesteward
6746 posts | Posted by thesteward > Apr 12, 2024 9:25 AM | Report Abuse Inventory of rm800m possibly are aluminum and tin? |
thesteward
6746 posts | Posted by thesteward > Apr 12, 2024 9:44 AM | Report Abuse Inventory of rm800m possibly include aluminium a Tin. Undervalued |
