next qr will record new high...learn to hold your shares instead of selling it cheap to those queue to buy...once u discipline then you will be more successful in stock market.
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.
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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
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 ++
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.
noted kelvin, i top up during 2.2++ last week. now we should focus shares instead of market. if the shares counter is good, hold is normal, generally i am thinking the profit will be more than 6.3 million, definitely higher than last quarter. but that already reflects on current share price. the coming QR is above expectation, i.e. above 9 milion then the share price will fly.
i only top up when volume is below 50 days of average volume, last week was a good time. like other counter also, last week all low volume... so i top up, hopefully is the good one turns out.
next qr will be announced by end week of August i believe...im waiting for it to drop then i top up again hahaha..if got any political news or "second wave of covid" then its likely to drop & i will buy on weakness.
@kelvin5349 so don't be regret for not buying coz current rise is not the final price until new QR released. the price is sliding from 2.83 till now =D
@RainT u are like asking 4D number here lol. if we know ady all in liao...if u can not take the risk... better stay away from this share =) then won't be that worry
@RainT even everyone tell u where is the best price to buy in, do u think is their sincere opinion?
Also if that is sincere, will you follow ?
If you are not following then why bother other ppl ?
In share market, if follow majority, do u think u can earn by following majority ?
Think about it if that is meaningful or doing ur own research other than asking here will be helpful for your entire investing shares life. else.... it is what it is.
in fact this is one of the shares i have seen difficult to earn short term. not like those techshares can earn within few weeks. more weeks required from this shares... and 3/4 times are open high and close low. when come to low low low volatility then it rise a quick one....
so this characteristic made short term player hard to earn or speculate. last 2 week rise is a good example.
yup...this is not speculation stock...i invest because Kawan's prospects is on the bright side...i normally dont invest in a lot of counters but im really optimistic in this company...the last qr was quite good with the management's direction hence im even more interested...this company will record higher EPS in next qr...if you do forward valuation, current price at is considered a good bargain...see the support is very strong at rm 2.2x......imagine f&b company like nestle....
when it rose a quick one, then those shorterm player or speculator wanna chase high and hope the trend will be like techshares / gloveshares, then it repeated open high and close low... then towards steady and low volatility, those shorterm players can not wait and cut loss ....
then low volatility again then a quick rise then attrack another batch of shorterm players. then it open high / close low again.... keep repeating like this.
but for long term players, the shorterm volatility is not an issue because long term average is rise, check out MA 200, everyday is facing up steadily. so ppl will lose money if they play this shares like techshares. because they thought every shares in low price < RM 3 can play like techshares or gloveshares.
Kawan will have the best QR, projected sales increase min at least 20-30percent for Q2, benefited from MCO, more people are buying frozen foods.. frozen food market increase 200% in Apr-Jun compare with last year number
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....
degaht
338 posts
Posted by degaht > 2020-07-28 12:04 | Report Abuse
some cock fellas here don't know how to hold..real dumb...next qr will record high profits..later these people will cry that they sold off early..