just to let u guys know, today's volume was by institution fund...retailers like us can't make this much of volume...even i am hesitant to buy at 2.40 but the push was by funds...so why worry..be confident that big players bought higher tickets...resistance at 2.4x / 2.5x was broken already.

sometimes when KLCI is red, counters will drop/profit taking...but my principal is based on my homework and based on fundamental & technical analysis...

i entered at 2.38...i will hold until qr release then let's see how the recorded profit is....ALWAYS TRUST IN NUMBERS...don't listen to people...

dont panic...few cents up & down is normal...

read this article, target price at 2.40 by CIMB , article on June 22...so they estimated the profit already.

https://www.theedgemarkets.com/article/cgscimb-raises-target-price-kawan-food-rm240

next qr kawan must record profit after tax (PAT) at RM 9 million, then current share price at RM 2.3x is justifiable and fair value....so i hope next PAT is 9 mil ++

@growth_investor, no worries buddy...im also small investor...just trying hard to estimate profit and hope next qr will be even better.

I am ready with my bullets to buy on weakness...now time to push my regiment to absorb and kill those weak troops.

@freetospeak , everyone lah :p bursa preventing everyone from panic sell heheh

--------

freetospeak My system hang whole day...anyone got this issue....
31/07/2020 5:45 PM

@mesoon, hi...refer to the import data here:

https://importkey.com/

in the search bar, enter this "KAWAN FOOD MANUFACTURING SDN BHD"

you can see the latest shipment export is dated 28th July.

welcome @degaht & handsome_newbie

i believe next qr will be good...demand is there already...will keep collecting on weakness...you can calculate yourself the profit alone from the export below...there are more data but unfortunately i need to pay to see more..TA wise is ok...good EMA 50.

-------------------------------------------

date: 2020-07-21
supplier: KAWAN FOOD MANUFACTURING SDN BHD
buyer: GOLD COAST DISTRIBUTORS INC

CARGO IS STOWED IN A REFRIGERATED CONTAINER S AT THE SHIPPER'S REQUESTED CARRYING TEMPERATU OF -20 DEGREES CELSIUS 1 X 40'RH CONTAINER: 1154 CARTONS OF FROZEN ROTI PARATHA AND CHAPA HS CODE: 1905909000 SELANGOR DARUL EHSAN, MALAYSIA SEGU9649448 001 FREIGHT TO COLLECT

-------------------------------------------
date:2020-07-17
supplier:KAWAN FOOD MANUFACTURING SDN BHD
buyer: JMD LLC

ROZEN FOODSTUFF(PARATHA & CHAPATTI) 1900 CTNS 1 X 40' REFRIGERATED CONTAINER 1900 CARTONS OF FROZEN ROTI PARATHA AND CHAPATTI HS CODE 1905 90 9000 U.S. FDA REGISTRATION NO. 15656793558 EMCU5423152 001 FREIGHT TO COLLECT @DARUL EHSAN MALAYSIA REEFER CONTAINER TEMPERATURE SET AT -20.0 DEGREES CELSIUS

-------------------------------------------

date:2020-07-15
supplier:KAWAN FOOD MANUFACTURING SDN BHD
buyer: I SIFOL LLC

FROZEN ROTI PARATHA, CHAPATTI, PUFF PASTRY, AND SPRING ROLL

-------------------------------------------

date:2020-07-13
supplier:KAWAN FOOD MANUFACTURING SDN BHD
buyer: ANMOL DISTRIBUTOR LLC

FROZEN FOODSTUFF - PARATHA & CHAPATTI ON BOARD 1 X 40' REFRIGERATED CONTAINER - 1860 CARTONS OF FROZEN ROTI PARATHA AND CHAPATTI, HS CODE 1905909000 EGSU5008633 001 U.S. FDA REGISTRATION NO. 15656793558 FREIGHT TO COLLECT @SELANGOR DARUL EHSAN MALAYSIA REEFER CONTAINER @@ 973-222-1185 732-902-6650 EGSU5008633 001 PATELANMOL@AOL.COM, ANMOLNJ@AOL.COM TEMPERATURE SET AT -20.0 DEGREES CELSIUS

-------------------------------------------

more than 50% of its revenue is from overseas...this data is verified and you can google yourself.

this article below dated back in Jan 2019, and it is realised now and earnings reflected has already reflected in their previous qr.

https://www.thesundaily.my/business/kawan-food-earnings-to-remain-under-pressure-FK387531

@handsome_newbie, yes...just hold tight now until next qr.

i believe demand has increase as well ..like they have mentioned in their previous qr that the new norm is to work from home and people would buy frozen food hence kawan is an advantage in this situation...plus point now is other countries are in lockdown so demand is there.

besides that their products are targeted to specific health conscious like low GI food and whole wheat.

with their e-commerce, they can target and approach retailers directly and with their marketing strategy.

their previous qr has reflected that as well with their QoQ.

look at the shipment export to Los Angeles:

1) 19-Mar-2020 to California, USA

CARGO IS STOWED IN A REFRIGERATED CONTAINER SAT THE SHIPPER S REQUESTED CARRYING TEMPERATUOF -20 DEGREES CELSIUS 1 X 40 RH CONTAINER :- 1155 CARTONS OF FROZEN ROTI PARATHA AND CHAPAHS CODE : 1905909000 SELANGOR DARUL EHSAN, MALAYSIA. FREIGHT

2) 04-Apr-2020 to California, USA

1 X 40 RH CONTAINER :- 1201 CARTONS OF FROZEN ROTI PARATHA, SAMOSA PSPRING ROLL PASTRY AND PUFF PASTRY SQUARE HS CODE : 1905909000 1901201000 SELANGOR DARUL EHSAN, MALAYSIA FREIGHT COLLECT CARGO IS STOWED IN A REFRIGERATED CONTAINER S AT THE SHIPPER S REQUESTED CARRYING TEMPERATUOF -20 DEGREES

we can calculate the profit alone above goods and my numbers are tally as mentioned here: https://www.theedgemarkets.com/article/kawan-food-credits-1q-outperformance-nimbleness-and-speed

sadly, i cant see more shipment goods as i need to pay & subscribe to the shipment data.

RainT just wants to be safe...it's ok and he is just asking.

btw it seems institutional funds are in now thus the buying volume daily and its an uptrend.

im in also because i have done my homework too. this is one of the counter i am confident in.

technical wise its overbought but this is due to investors are expecting a better growth & profit.

seems that there is a strong buy for kawan today. good push.

im going in .

their qr and prospects looks good as well.

never be afraid my fellow friends.

you invested in supermax because of its fundamental and the numbers proves it all...

ALWAYS TRUST IN NUMBERS...

btw dont worry about KYY, he is a little late to the party but the music is still playing and will play in fy21

KYY moves are small to impact anyway...big funds are already in now so if they move, supermax will move as well.

wait until qr is out then see for yourselves..

thank you freetospeak for your contribution. all of us deeply thank you from bottom of our heart..stay this way always, god bless you brother..more success for you as you have indirectly helped others to earn money and being a genuine guidance for others..

@freetospeak, i remember back in early months, you have posted your projection and it was hard to believe and the market reacted the same way as well as this bullish was like never seen before..

when your projection was realized many started believing..i did my own homework and hands were shaking to see the forward projection...i applied margin discount to be on safer side lol but yet that was very conservative as well.

very interested to see now how far supermax has gone, a good plus point of its OBM factor.

last time when people say supermax can achieve rm 8, all will be laughing at you...monday onward sooner when reach share price reach rm 18 that will still be under fair value once qr is out.

once in a lifetime bull from 1.xx to 18 ...made people millionaire.

if you use some good paid trading system, you are able to see that financial institutions are in Supermax and is chipping in. they are the one pumping during correction at price RM 14.7 all the way to 17.x

people have shared their calculations here..respect to sifus here for that who took their effort for calculations..thanks to @freetospeak for that...the reason why we stick here is because of fundamentals otherwise i wouldn't be here either.

yes @coplmn , ignore and be firm of why you have invested in the first place. at least hold until qr is out...there is no other stock that will guarantee a return profit..

i suggest that once qr is out and by then share will jump up and turn paper green for everyone, we can have gathering without the bad mouths..

can have whatsapp group after this.

enjoy the sweet fruits once qr is out...worth the patience and worth to hold.

will break rm 13 barrier today.

ignore the noise and only focus on holding, once qr out then you know what to do.

supermax will be in range of 9...just matter of time..today or tomorrow or next week, it will be...the numbers speak for itself..

fca70jia , people have different risk appetite and strategy...i believe that when 2nd wave news is up, it'll surely impact most because people would cash out and take profit when market sentiments starts to take place.

when malaysia started MCO and coronavirus started to hit everywhere, it was during march 19th - 30th when most bursa counters hit bottom. you can check yourself...thus he fear of hitting bottom is still there as 2nd wave story is over the news.

IB dare not put TP fy 21 right now...as mentioned by IB and others here too take risk into consideration as such, vaccine and sentiment will come into all this factors.

this is one good write up.

https://research.sginvestors.io/2020/06/rubber-gloves-malaysia-uob-kay-hian-research-2020-06-17.html

with research and calculations factored in, i wish i have more bullets..sad.

@st1524 , link below...you can see the target price at the bottom of the page...ctrl +f & search for "price target" and you'd see list of TPs

https://klse.i3investor.com/servlets/ptres/55566.jsp

@freetospeak, alright.

Total Quantity: 2520 Carton

@freetospeak, here's supermax's shipment info that might be useful for you:

https://panjiva.com/Supermax-Healthcare/4546427

Supermax Aurelia® Robust™ Plus Extended Cuff Nitrile Gloves
Supplier: SUPERMAX HEALTHCARE INC

Box of 100 : USD 30.17

Case of 1000 : USD 301.67

to those newcomers into trading world, would recommend you to watch this video by warren buffett. i hope you find this useful for your upcoming days ahead...this 10 minutes video may make you better trader..please watch this.

Warren Buffett: How To Invest For Beginners: https://www.youtube.com/watch?v=yRr0_gJ-3mI

onion, if you are new or not familiar, please follow big 4 glove forums as there are good analysts that come up with constructive methods of valuation.

@onionchong , ..everyone is entitle to their own opinion..its not about being a guru, its about using those fundamentals to do valuation from financial ratios..results from qr are the key components to derive the fair value and forward calculations..market sentiments is another story, dont mix these two things up.

BZai727 , from rm 1.xx to current rm 7, rm 8 + is not good enough for you ? which counters are green every single day ? please let me know, i would park my money there.

--------

BZai727 Understand the company has good fundamentals and bright future for the next 1-2years, but why is it never reflected on the share prices?
12/06/2020 3:13 PM

hold your tickets tight.

invested*

brave hearts, remember why you invented in this company in the first place...that includes me as well...hold tight and remember the strong fundamental will reflect your perseverance.

@joyvest, to be honest, there are many types of traders, one like to goreng and a mid-long term trader..i fall into both categories...no goreng = no quick $ ... let's just be honest la, who doesn't want to make quick $ .....but goreng smartly and know when to exit..

i have goreng many counters and exit. like MYEG, FGV...air asia also can goreng, UMW also can goreng now, just look at UMW share price 5th June, just because sale tax exemption was given, it rose 40 cents up lol....just wait for a good news to be out then see how people sentiment drive the share price up.

@Cheo219305 , i want you to read this guy's comment, since this guy talks about comfort, so rubberex & comfort are smaller glove industry player and his comment brings sense..in stock market, u must always study about the company's fundamental and dont depend on hopes but look back on the statistics and fundamental.

read his comment regarding comfort gloves:

https://klse.i3investor.com/servlets/cube/post/yl1231.jsp

@Cheo219305 , you are welcome..you should have bought supermax that day when the banks did margin call as most of the glove counters dropped at 30%...i bought supermax at 6.50..

wish you the best and hope you make profits..read comfort and supermax forum also , so you will get additional info and ideas.

careplus qr result already out...to those still new in investing and asking here, make that as your case study and see whether the current share price is justified or not...and see on Tuesday whether the people are buying or selling the shares so u will know the current share price RM 1.6x is justifiable or not..

so u guys can somehow have some idea how rubberex will react once qr is out, at least u have some idea.

@CharlesT , i was waiting for this day to grab supermax at dip..i was having conference meeting with boss and didnt care about that and opened up screen side by side and was watching supermax plunging down...it really happened so quick , it was below 6, then i thought i would hit below 5.4 or something so i waited and within seconds straight rebounded to 6..have to revise my queue few times finally got at 6.5....

i been following this thread since Feb and was holding some in Feb and sold off in March then went for other counter and finally back here...only reason back to supermax is because of its potential and value...supermax will really go far and thats the reason im fully invested in here today.

been noticing good investors who had contributed their time and shared calculations here which i sincerely thank to all of them, there are many person to be named but you guys know who you are...keep up the effort and let's make supermax greater now.

drop because of margin call...some panic sell because misinterpret what actually margin calls means...some misunderstood supermax TP as RM 5...what i believe is this is the time to get it as it shook of contra players and those entered high have cut their loss due to panic sell..opened room for people like me to strike iron when its hot.

back into this family after 4 months. gonna stay put here.

im in..hello supermax family

those are lucky who got below 6...im in queue now. hoping to get piece of pie now

be optimist, be smart, read more and research more... learning takes time and knowledge is your strength..once you equipped with this then this will be your weapon..learn how to calculate price projection as Google is your friend and your free teacher.

@Rex833, most glove counters experience drop due to margin call as you can see today... will have affect for few days i guess. but how much, that i dont know too..if you ask me, im still on profit paper gain but i'll monitor for tomorrow's change as today it dropped -0.74....and i saw buying volume that pushed after lunch from 3.90 to 4.12 then dropped to 3.8...so let's see how tomorrow if price is stagnant around this range.

what i believe is tomorrow morning will drop and slowly rise back near rm +- rm 4

just my feeling.

i am surprised myself...broke the RM 4 barrier already...didn't expect it to surge so fast but something is driving the price to hit the RM 4 ceiling...considered undervalued thus the sbb and this sudden spike is definitely by big players, not retailers like us.

with the demand and profit margin/growth, the PE will subside. don't worry about PE... take an example of supermax & topglove.

--------------------------------------------------------------------------------------------
Hush77 Now the pe for gloves is 70x to 90x..
Its quite alarming that the SC or bursa havent issue any UMA..

dont worry. i already think twice, trice thus im still here. if you want few lots from me, let me know i'll donate some to you if you didn't manage to hop on the bandwagon earlier.


BATFLY AM bank qtr profit is 97 times of Ruberex but having same share price.. Think think before investing....
28/05/2020 11:51 PM

dreamer74, share buy back (SBB) is a good thing...you have internet , information is all over internet .. anyway it read here:

https://www.quora.com/What-is-a-share-buy-back-Are-they-a-good-idea-for-the-company-or-the-shareholder

summary to your question with simpler term:

Share buy back basically means buying back company's own shares by company itself. It is mainly done when company has ample profits/cash, to grow trust of its shareholders. It is kind of way of dividend distribution only as shareholders would get money for their shares.