KAWAN FOOD BHD

KLSE (MYR): KAWAN (7216)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

1.94

Today's Change

+0.03 (1.57%)

Day's Change

1.87 - 1.94

Trading Volume

234,700


4 people like this.

1,056 comment(s). Last comment by wallstreetrookie 2 days ago

trader808

95 posts

Posted by trader808 > 2021-11-21 22:25 | Report Abuse

Some analyst reports consist of bias opinion and over rated valuation. Let us compare and contrast Kawan AND Perak Transit
These are the performance parameters.

KAWAN PTRANS
EPS 7.19 8.32
ROE 7.96 10.68
DY 1.72 % 4.74%
DPS 3 Sen 3.2Sen
PROFIT 28.4m 53.6m
NTA 1.00 0.77
P/NTA 1.74X 1.13X
PE 21.8X 8.17X
market capital 626m 439m

SHARE PRICE Rm1.74 68sen

These numbers show that Ptrans is more superior and attractive in all aspect and yet it is trading at less than 40% of the value of Kawan.

Would you unfriend Kawan to ride on PTrans ?
A price earning multiple of 10x would price PTrans at 83sen.

Posted by All_in_2021 > 2021-12-02 19:48 | Report Abuse

what happen my friend?

gordonn

24 posts

Posted by gordonn > 2021-12-15 22:54 | Report Abuse

Good Quarter results price even not moving up. Keep on down trend . So weird

gordonn

24 posts

Posted by gordonn > 2021-12-31 22:18 | Report Abuse

Wake up ! How many months alrd still sleeping ?

gordonn

24 posts

Posted by gordonn > 2022-01-12 13:23 | Report Abuse

Sleeping beauty..haizz

Fujisnow

70 posts

Posted by Fujisnow > 2022-01-24 01:15 | Report Abuse

can collect more cheap ticket, slowly buy.

Posted by All_in_2021 > 2022-01-27 19:45 | Report Abuse

day day lower...no friend already

monetary

3,946 posts

Posted by monetary > 2022-02-18 16:42 | Report Abuse

join the boss. collect at 1.5

gordonn

24 posts

Posted by gordonn > 2022-02-18 22:42 | Report Abuse

Waiting everyday waiting. Downstrend n sideway

monetary

3,946 posts

Posted by monetary > 2022-02-19 10:20 | Report Abuse

downtrend is over. check consumers goods stocks.

CharlesT

13,558 posts

Posted by CharlesT > 2022-02-20 08:36 | Report Abuse

Jan 24, 2022 2:10 PM | Report Abuse

IB gave TP 1.3. Every1 waiting to sell at 1.2. U think shark will push up beyond 1 for u to take profit meh? Shark runs 1st lor. Look at all those national team run companies. All blow cow very good prospect but eventually turn in disspointing result. The most recent 1 is the return of sugar King Msm. Even they make it market also won't give high valuation bcoz market r more conservative when investing in this types of companies. CMSB, MSM all low PE. Chances r will remain low. I only buy at huge discount from IB TP.

Jan 24, 2022 2:12 PM | Report Abuse

Look at msm price pattern. I hope Dnex won't b Msm II

Jan 24, 2022 2:21 PM | Report Abuse

I think Foxconn doesn't care silterra profitable onot. They just want siltera production capacity.

Jan 24, 2022 2:22 PM | Report Abuse

Rather than building a foundry they just pump some money into it to secure the chips output.

Jan 24, 2022 2:23 PM | Report Abuse

how profitable is it is dependent to the management, which is the national team

Jan 24, 2022 4:45 PM | Report Abuse

Look at MSM. Same modus operandi


monetary Talk so much u got buy onot? Ppl who earned big r those who built foundation at 0.7x

CharlesT monetary buy more Dnex. from 75c to $1 now only start horse back cannon. lol! don't get trapped. G luck
22/01/2022 5:32 PM

monetary now i tell u my Dnex money will all in MPI at 35
18/02/2022 5:28 PM

Shameless Sohxi Monetary has been posting rubbish all the while talking bad on Dnex in Jan now suddenly claimed he made profit fm Dnex.....lol

Really worst piece of shit.....no die also no lan use.....

If u listen to all his Holland Tips u will die very fast

Posted by All_in_2021 > 2022-02-21 18:57 | Report Abuse

finally moving my friend

Vorster89

165 posts

Posted by Vorster89 > 2022-02-21 19:41 | Report Abuse

Bonus issue

nixnix

6 posts

Posted by nixnix > 2022-02-24 21:01 | Report Abuse

Not much noise here. Printing money quietly.

Posted by All_in_2021 > 2022-02-25 18:44 | Report Abuse

result not out?wonder good or bad

Vorster89

165 posts

Posted by Vorster89 > 2022-02-25 19:35 | Report Abuse

No worry, confirm good news. 0.03 dividend bonus issue

Posted by All_in_2021 > 2022-02-28 15:13 | Report Abuse

heard any news ha?

Noni

424 posts

Posted by Noni > 2022-02-28 17:15 | Report Abuse

Sudah unfriend....

monetary

3,946 posts

Posted by monetary > 2022-02-28 18:18 | Report Abuse

the last time kawan had 10m pat was mid 2016. share price was 2.5

monetary

3,946 posts

Posted by monetary > 2022-02-28 18:24 | Report Abuse

noni. u just unfriended a most sincere friend. lol!

Posted by All_in_2021 > 2022-02-28 18:38 | Report Abuse

but today's share price still drop

monetary

3,946 posts

Posted by monetary > 2022-02-28 18:55 | Report Abuse

u sold? sbb at 1.62 today. Hehe...

Posted by All_in_2021 > 2022-02-28 19:00 | Report Abuse

panic awhile but i believe QR is good so hang on to it..

Posted by All_in_2021 > 2022-02-28 19:15 | Report Abuse

but why sbb? any intention? seems like buying back at low price rather than pushing it higher

Pang

260 posts

Posted by Pang > 2022-03-01 17:10 | Report Abuse

Public Bank TP :2.60

Posted by All_in_2021 > 2022-03-01 17:17 | Report Abuse

today not much movement

gordonn

24 posts

Posted by gordonn > 2022-03-02 11:30 | Report Abuse

Qr results is out around 10mi net profit. Superb results. And dividend 3sen per share.

Posted by All_in_2021 > 2022-03-04 13:21 | Report Abuse

still continue share buy back...

Mark Goh

46 posts

Posted by Mark Goh > 2022-03-11 12:18 | Report Abuse

Want to compare this stock with its peers?

LVI: Food & Beverages Sector Price to EPS Peer Comparison (and economic moat)
https://klse.i3investor.com/web/blog/detail/VIE/2022-03-11-story-h1600...

Posted by All_in_2021 > 2022-04-11 19:47 | Report Abuse

director keeps buying back after company share buy back..what motif?

Noni

424 posts

Posted by Noni > 2022-04-13 04:31 | Report Abuse

Wayang?

Posted by All_in_2021 > 2022-04-13 19:32 | Report Abuse

but he is not selling, or maybe waiting for the right timing to sell

Posted by All_in_2021 > 2022-04-21 19:52 | Report Abuse

good move, acquiring lands to expand the business

Posted by GoldenCoin23 > 2022-04-25 10:42 | Report Abuse

run... put money in pocket first

hengman

44 posts

Posted by hengman > 2022-04-25 19:37 | Report Abuse

Bangkitlah Kawanku. Time to stand and rise.

Good123

14,691 posts

Posted by Good123 > 2 months ago | Report Abuse

dah mau terbang ka?
Strong demand a boon for Kawan
TheStar Wed, May 25, 2022 12:00am - 12 hours



Kawan Food

PETALING JAYA: Kawan Food Bhd is expected to be driven by the resilient demand for its products.

The company, which manufactures frozen food, can also benefit from greater efficiencies in the midst of the heightened inflationary environment economically.

Public Invest Research said its most recent reported first-quarter (1Q) results were in line with its and consensus expectations, and this had accounted for 23.1% and 20.3% of their forecasts, respectively.

The research house noted that Kawan’s valuation looked undemanding, as it was currently trading at a price-to-earnings ratio (PER) of 16 times, which is almost minus one standard deviation of its three-year historical average.

Kawan Food products
Kawan Food products

“We are still positive on Kawan’s future outlook, which will be underpinned by strong demand for frozen food products and greater production efficiency to mitigate the impact on the rising raw material prices,” Public Invest Research said.

It has maintained its “outperform” call on the counter with a lower target price of RM2.50 from RM2.60 as it had lowered its PER multiple to 20 times from 25 times.

Meanwhile, CGS-CIMB said that it expects Kawan to post better earnings over the next nine months, especially in the second half of the 2022 year and this would be supported by by higher sales.

It also said that the company would benefit from strong demand while it had also secured more new export clients.

“Also, Kawan should benefit from raising its selling prices by up to 8% in 1Q. In our view, raising the selling prices should help to mitigate rising input costs which constituted about 45%-50% of total costs last year, further aided by better cost control,” CGS-CIMB said.

The research house is also expecting a new warehouse and facility to only begin operating in 1Q of next year.

“With the 1Q results in line with expectations, we reiterate our ‘add’ call and a target price of RM2.50 based on a 20 times 2023 forecast PER, which is a 40% discount to our 33.2 times 2023 forecast PER for the consumer sector,” CGS-CIMB said.

Good123

14,691 posts

Posted by Good123 > 2 months ago | Report Abuse

RSI(14) Neutral 42.9
Stochastic(14) Oversold 5.6
Average Volume (3M) 2,502
Relative Volume 0.3

Good123

14,691 posts

Posted by Good123 > 2 months ago | Report Abuse

52w 1.450 - 2.160
ROE 8.92
P/E 18.36
EPS 9.10
DPS 3.00
DY 1.80%

NTA 1.0200
P/B 1.64
RPS 70.96
PSR 2.35
Market Cap 600.4M
Shares (mil) 359.52

Good123

14,691 posts

Posted by Good123 > 2 months ago | Report Abuse

Sapu balik dah bermula?

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS DURING CLOSED PERIOD
KAWAN FOOD BERHAD

Subject Dealings During Closed Period
Date of announcement made for "Intention to Deal During Closed Period" 26 Apr 2022

No Salutation Name Designation Description Of "Others" Designation
1 MR GAN THIAM CHAI Chairman & Executive Director
Type of Transaction Acquired
Description of "Others" Type of Transaction
Date of Transaction 23 May 2022
Description of Securities Ordinary Shares
(Direct Interest)
No of Securities Transacted 6,600
% of Securities Transacted 0.002
Consideration Malaysian Ringgit (MYR) 1.650


Remarks :
1. The percentage of holdings is based on the total number of issued shares of 358,637,660 (excluding 882,100 Treasury Shares).

2. Deemed interested in the shares by virtue of Section 59 of the Companies Act 2016, held through his children, namely Gan Ka Hui and Gan Ka Ooi who holds 4,700,300 and 6,011,300 ordinary shares respectively, representing a total of 2.987% in the shareholdings of the Company.

This announcement is dated 24 May 2022.

Good123

14,691 posts

Posted by Good123 > 2 months ago | Report Abuse

Price Target

Kawan Food Berhad - Backed by Strong Demand
Source : PUBLIC BANK, Price Call : BUY, Price Target : 2.50
Last Price : 1.67, Upside/Downside : +0.83(49.70%)

Good123

14,691 posts

Posted by Good123 > 2 months ago | Report Abuse

Market cap rm600mil@1.67 today

31.12.2020 market cap was rm747.8mil... @rm2.08

Expecting rebound based the quarterly performance reported, etc ... Sabar ya!

Posted by GoldenCoin23 > 2 months ago | Report Abuse

Sold at 1.74, today reenter at 1.66. When exdate for 3 cents dividends?

Good123

14,691 posts

Posted by Good123 > 2 months ago | Report Abuse

Commentary on the prospect




As the Malaysia’s economy is keeping its solid momentum, assisted by the transition to the Endemic phase of Covid-
19, the Group has observed an encouraging rebound in export sales and uptrend sales in modern trade and HORECA.
Ongoing raw material costs hike mainly due to the volatile global markets leads to the higher commodity price, the
Group has initiated the hedging to key raw materials price that significantly mitigating the risk of margin erosion.
The Group will continue to remain competitive and seek opportunities to grow its business. Despite the challenges on
higher raw material prices, with the cash reserves that allow the Group to capitalise on suitable M&A opportunities, that
will adequately support the expansion plans moving forward.
The Group is expecting the issue of labor shortage to be resolved in Q2 by increasing the workforce capacity in 2022 in
line with government policies. This in turn has provided the opportunity to generate higher revenue while at the same
time would be able to drive the readiness to launch more new healthy food products such as plant-based meals.
The Group continuously focuses in ensuring the operational efficiencies and cost optimization in our business. Adding
to that, the implementation of Industry 4.0 in strategic phases has notably enhanced the production of output and
manufacturing capability.

Good123

14,691 posts

Posted by Good123 > 2 months ago | Report Abuse

Baguslah :)

2022-05-25

Insider

MR GAN THIAM CHAI (a substantial shareholder) acquired 6,600 shares on 23-May-2022.

2022-05-25

Insider

MR GAN THIAM CHAI (a substantial shareholder) acquired 6,600 shares on 23-May-2022.

2022-05-25

Insider

MR GAN THIAM CHAI (a company director) acquired 6,600 shares on 23-May-2022.

2022-05-24

Announcement

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings During Closed Period

2022-05-24

Good123

14,691 posts

Posted by Good123 > 2 months ago | Report Abuse

Macam mau naik lagi :)

Market Depth
Best Buy
Position

Price

Volume

Orders

1

1.66

16,000

4

2

1.65

31,700

8

3

1.64

34,000

4

4

1.63

26,000

4

5

1.62

2,000

1

Best Sell
Position

Price

Volume

Orders

1

1.69

23,100

3

2

1.70

4,000

1

3

1.76

8,000

3

4

1.77

2,000

1

Good123

14,691 posts

Posted by Good123 > 2 months ago | Report Abuse

Insiders beli berterusan :)

2022-05-30

Announcement

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings Outside Closed Period

2022-05-30

Insider

MR GAN THIAM CHAI (a substantial shareholder) acquired 50,000 shares on 26-May-2022.

2022-05-30

Insider

MR GAN THIAM CHAI (a company director) acquired 50,000 shares on 26-May-2022.

2022-05-27

Posted by wallstreetrookie > 4 days ago | Report Abuse

Recession means people will eat fast food (refrigerated/frozen food).
Kawan Food will do well in the next quarter

Posted by wallstreetrookie > 2 days ago | Report Abuse

Reloaded again

Post a Comment
Market Buzz