Highlights

Invest in Deep Value Stocks

Author: deepvalueinvesting   |   Latest post: Fri, 5 Jun 2020, 2:44 PM

 

Eating home more is the new normal. Frozen food - a Covid-19 beneficiary

Author:   |    Publish date:


Covid-19 has changed consumers’ habits as more of them decide to eat at home. And according to a study conducted by Nielsen, the trend will continue once the pandemic passes, potentially reshaping the food service and grocery industries. Eating at home will remain the new reality for consumers post COVID-19.
 
 
Since Covid-19, frozen food demand has spiked globally: US 78.8% Italy 45.1%; France 41.6%; UK 32.8%; NZ 19.3%
 
 
 
Kawan food, being one of the largest frozen food producer in Malaysia, is an obvious winner from this trend. In their latest QR, Kawan Food reported a surge of 319% in their profit.
 
 
 
 
The management is very confident that Kawan food will benefit from Covid-19. Page 8 of the QR:
"the new norm is to eat more at home. Since there are more people working from home, our convenient food remains high in demand as we provide a fast solution for the need of a fair & square meal. Additionally, eating at home is more economical than take away or food delivery. Therefore, sales to retailers and E-commerce platforms will continue to see a strong positive trend."
 
Deep value investing valuation: RM4.84
 
Kindly exercise your own due diligence. This is not a recommendation to buy or sell shares.
 
 
 
Share this
Labels: KAWAN

Related Stocks

Chart Stock Name Last Change Volume 
KAWAN 2.01 -0.03 (1.47%) 83,800 

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Perform Technical & Fundamental Analysis on Stocks
MQ Affiliate
Earn rewards by referring your friends
 
 

432  434  611 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 SERBADK 0.625+0.025 
 MMAG 0.16-0.02 
 FINTEC 0.0350.00 
 VSOLAR 0.0150.00 
 SERBADK-WA 0.115+0.01 
 GLOTEC-WA 0.10+0.025 
 PRIVA 0.235+0.005 
 QES 0.89+0.03 
 KANGER 0.06-0.005 
 PICORP 0.21+0.01 

FEATURED POSTS

1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!

TOP ARTICLES

1. Special Announcement from Serba Dinamik Good Articles to Share
2. THIS GOOD STOCK ALMOST LAGGARD TO SURGE!!! Follow Kim's Stockwatch!
3. Stocks on Radar - Malayan Banking (1155) AmInvest Research Reports
4. RUBBER GLOVES - ASPs Tapering Off PublicInvest Research
5. Mplus Market Pulse - 22 Jun 2021 M+ Online Research Articles
6. Jaks Resources Bhd - Power plant running full steam ahead M+ Online Research Articles
7. SERBADK - Who caused the BLOW UP? Pathetic Fallacy
8. BREAKING: The share price of US-based gaming companies are at record highs [DONT MISS THIS STOCK] A blog to publish and share information
PARTNERS & BROKERS