KAWAN FOOD BHD

KLSE (MYR): KAWAN (7216)

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Last Price

1.80

Today's Change

-0.02 (1.10%)

Day's Change

1.79 - 1.81

Trading Volume

170,300


4 people like this.

1,480 comment(s). Last comment by RedOreo 11 hours ago

Good123

24,741 posts

Posted by Good123 > 2023-10-11 10:43 | Report Abuse

Kawan Food Berhad, an investment holding company, manufactures, trades in, distributes, and sells frozen food products in Malaysia, rest of Asia, North America, Europe, Oceania, and Africa.

About the company

Good123

24,741 posts

Posted by Good123 > 2023-10-11 10:44 | Report Abuse

Earnings are forecast to grow 13.16% per year

Good123

24,741 posts

Posted by Good123 > 2023-10-11 10:45 | Report Abuse

Website
https://www.kawanfood.com
Kawan Food Berhad, an investment holding company, manufactures, trades in, distributes, and sells frozen food products in Malaysia, rest of Asia, North America, Europe, Oceania, and Africa. It primarily offers parathas, spring rolls, pastries, chapatis, finger foods, bakery foods, and desserts under the Kawan, KG Pastry, Passion Bake, Veat, and Aman brands. The company distributes its products through various distribution channels, including retailers, distributors, agents, hypermarkets, supermarkets, foodservice distributors, hotels, restaurants, and caterers, as well as through online.

In addition, it is involved in the manufacture and trade of frozen food delicacies; investment in properties; and rental of trucks, as well as operates food trucks and kiosk for food and beverages. The company also exports its products to the United States, Canada, the United Arab Emirates, the United Kingdom, and Australia. Kawan Food Berhad was founded in 1960 and is based in Klang, Malaysia.

Good123

24,741 posts

Posted by Good123 > 2023-10-11 10:47 | Report Abuse

Share Price vs Fair Value
What is the Fair Price of KAWAN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

51.1%
Undervalued
Current Price
RM1.85
Fair Value
RM3.79

Good123

24,741 posts

Posted by Good123 > 2023-10-11 10:47 | Report Abuse

Below Fair Value: KAWAN (MYR1.85) is trading below our estimate of fair value (MYR3.79)

Significantly Below Fair Value: KAWAN is trading below fair value by more than 20%.

Good123

24,741 posts

Posted by Good123 > 2023-10-11 11:10 | Report Abuse

Share Issued 362.581m
Market Cap RM674.402m

Market cap should be at least RM1bil.... keep some

Good123

24,741 posts

Posted by Good123 > 2023-10-11 11:14 | Report Abuse

VWAP:1.8598Avg Vol/Trans:185.45Buy Rate:83%

Good123

24,741 posts

Posted by Good123 > 2023-10-11 11:20 | Report Abuse

Highest Price 4.7500 First Occurred on 11/08/2017

Highest Volume 28.800m First Occurred on 14/08/2009

Good123

24,741 posts

Posted by Good123 > 2023-10-11 12:02 | Report Abuse

uptrend now... up lagi 1.87 dah , terindah

Good123

24,741 posts

Posted by Good123 > 2023-10-11 14:50 | Report Abuse

Wow, 1.87 clear dah... rm2++ soon

Good123

24,741 posts

Posted by Good123 > 2023-10-11 14:51 | Report Abuse

1.88, terbang lagi, kutip

Good123

24,741 posts

Posted by Good123 > 2023-10-11 15:23 | Report Abuse

VWAP:1.8657Avg Vol/Trans:84.21Buy Rate:84% terbaik... tren menaik terjadi

Good123

24,741 posts

Posted by Good123 > 2023-10-11 15:24 | Report Abuse

dividend stock... high payout ratio... nice...............40% Payout ratio

Good123

24,741 posts

Posted by Good123 > 2023-10-11 16:20 | Report Abuse

esok, 1.90 to 2, tiada yg mustahil.... :)

Good123

24,741 posts

Posted by Good123 > 2023-10-11 23:17 | Report Abuse

KWNF Historical Data
Time Frame
Monthly
Download Data
10/11/2021 - 10/11/2023
Date Price Open High Low Vol. Change %
10/01/2023 1.880 1.800 1.880 1.770 963.50K +4.44%
09/01/2023 1.800 1.750 1.840 1.740 3.26M +2.27%
08/01/2023 1.760 1.860 1.910 1.680 5.78M -4.86%
07/01/2023 1.850 1.910 1.980 1.810 926.00K -2.63%
06/01/2023 1.900 1.980 1.990 1.810 1.58M -5.00%
05/01/2023 2.000 2.100 2.220 1.950 2.61M -3.85%
04/01/2023 2.080 2.130 2.180 2.080 606.90K -1.89%
03/01/2023 2.120 2.190 2.220 2.080 2.96M -2.75%
02/01/2023 2.180 2.200 2.280 2.120 2.23M -1.80%
01/01/2023 2.220 2.220 2.400 2.160 2.98M 0.00%
12/01/2022 2.220 2.210 2.240 2.050 4.61M +1.37%
11/01/2022 2.190 2.180 2.310 2.090 4.82M -0.45%
10/01/2022 2.200 2.150 2.410 2.100 9.86M +2.33%
09/01/2022 2.150 2.170 2.300 2.070 8.52M -0.92%
08/01/2022 2.170 1.900 2.190 1.790 9.02M +14.81%
07/01/2022 1.890 1.660 1.930 1.640 3.97M +13.17%

Good123

24,741 posts

Posted by Good123 > 2023-10-12 08:45 | Report Abuse

Share buyback continues... see uou above rm2 :)



7216 KAWAN KAWAN FOOD BHD
Immediate Announcement on Shares Buy Back
Date of Buy Back : 11/10/2023
Description of Shares Purchased : Ordinary Shares
No. of Shares Purchased : 846,900 shares
Minimum Price Paid For Each Share Purchased : RM 1.850
Maximum Price Paid For Each Share Purchased : RM 1.880
Total Consideration Paid : RM 1,582,839.16
No. of Shares Purchased Retained in Treasury : 846,900 shares
No. of Shares Which Are Proposed To Be Cancelled : 0 shares
Cumulative Net Outstanding Treasury Shares As At To-Date : 2,906,200 shares
Adjusted Issued Capital After Cancellation : 362,581,760
Date Lodged With Registrar of Company :
Lodged By :
Remarks:
The total number of issued shares after the above share buy back is
359,675,560 (excluding 2,906,200 Treasury Shares).
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

11/10/2023 07:00 AM


Ref Code: 202310114700208

Good123

24,741 posts

Posted by Good123 > 2023-10-12 09:13 | Report Abuse

$$$$$¥

2023-10-11

Insider

KAWAN FOOD BHD buyback 846,900 shares from 1.850 to 1.880 on 11-Oct-2023.

2023-10-10

Insider

KAWAN FOOD BHD buyback 734,200 shares from 1.845 to 1.845 on 10-Oct-2023.

2023-10-10

Insider

KAWAN FOOD BHD buyback 286,500 shares from 1.830 to 1.830 on 09-Oct-2023.

2023-10-10

Insider

KAWAN FOOD BHD buyback 156,500 shares from 1.818 to 1.818 on 06-Oct-2023.

Good123

24,741 posts

Posted by Good123 > 2023-10-12 09:37 | Report Abuse

Closing Market Update

Stocks Up as Treasury Yields Fall Again.

Ten-year Treasury yields slipped again Wednesday, helping the S&P 500® Index (SPX) and Nasdaq Composite (COMP) clinch their fourth-straight day of gains, while the release of the most recent batch of Federal Reserve meeting minutes stirred hopes the central bank may be done raising interest rates.

On the inflation front, the Labor Department said the Producer Price Index (PPI) rose 0.5% in September from the month before. That was slower than August's 0.7% increase but still above the 0.3% increases analysts had expected. Core PPI, which excludes food and energy, rose 0.3%. That was slightly above the 0.2% analysts had forecast.

Of potentially greater interest to the market will be the Consumer Price Index (CPI) update, which is due Thursday. An unexpectedly fast acceleration in price pressures could scramble expectations for the future path of interest rates.

Investors got a backward glance at Fed officials' thinking Wednesday afternoon, with the release of the minutes from the Fed's September policy meeting.

Schwab Chief Fixed Income Strategist Kathy Jones notes that the tone of recent "Fedspeak" has been more neutral than the hawkishness we saw over the summer, "indicating Fed leaders believe monetary policy is restrictive enough to continue bringing inflation down to the bank's 2% long-term target."

"That's been the consistent message from a range of Fed officials," Kathy says. "The bar for another rate hike appears to be high, which is helping push intermediate to long-term bond yields lower."

Here is where the major benchmarks ended:

S&P 500 Index was up 18.71 points (0.4%) at 4,376.95;
Dow Jones Industrial Average (DJI) was up 65.57 points (0.2%) at 33,804.87;
Nasdaq Composite was up 96.83 points (0.7%) at 13,659.68.
The 10-year Treasury note yield (TNX) was down nearly 10 basis points at 4.558%.
Cboe's Volatility Index (VIX) was down 0.93 at 16.10.

Real estate and utilities were among the market's strongest sectors Wednesday, with the Dow Jones Utility Index (DJU) jumping more than 1% to a two-week high. Communication services and technology shares were also higher. Energy stocks led sector decliners as crude oil futures fell more than 2%, pressured by reports Saudi Arabia will support efforts to stabilize oil markets to account for uncertainty caused by the fighting in Israel.

Stocks on the move

The following companies had stock price moves driven by quarterly earnings, analyst ratings, or other news:

Ally Financial (ALLY) fell 2.1% after CEO Jeffrey Brown announced plans to step down at the end of January.

Amgen (AMGN) rose 4.6% after Leerink Partners upgraded the stock to "outperform" from "market perform," citing expectations for an expanding earnings multiple.

Dialysis provider DaVita (DVA) dropped 17%, while fellow provider Fresenius Medical Care (FMS) tumbled 18% on reports that Novo Nordisk's (NVO) diabetes drug Ozempic had showed signs of successfully treating kidney disease. Novo Nordisk shares rose 6.2% and are up nearly 45% this year.

Humana (HUM) fell 1.4% after the company said Bruce Broussard would step down as CEO in the second half of 2024.

Pioneer Natural Resources (PXD) rose 1.4% after Exxon Mobil (XOM) agreed to buy the energy producer for nearly $60 billion, or $253 per share, in an all-stock merger. Exxon Mobil shares fell 3.6%.

Plug Power (PLUG) rose 5.3% after the battery company forecast a sharp rise in revenue by 2027 to roughly $6 billion.

Shoals Technologies (SHLS) rose 5.4% after Goldman Sachs upgraded the stock to "buy" from "neutral," citing potential for stronger gross margins.

Silk Road Medical (SILK) fell 49% after Citi double downgraded the stock to "sell" from "buy," citing the CEO's recent departure and other factors. B. Riley and Stifel also downgraded the medical device maker.

Walgreens Boots Alliance (WBA) rose 1% after former Cigna executive Tim Wentworth was named CEO effective October 23.

Companies including Delta Airlines (DAL), Domino's Pizza (DPZ), and Walgreens Boots Alliance are due to report third-quarter results Thursday. Friday brings reports from some major banks, including Citigroup (C), JPMorgan Chase (JPM), and Wells Fargo (WFC).

Fed notes

The minutes from the Federal Open Market Committee's (FOMC) September 19–20 meeting noted "solid" economic growth in the third quarter, continued tightness in the labor market, and still-elevated inflation. But bank officials also said the supply-demand imbalance for labor "appeared to be easing."

Good123

24,741 posts

Posted by Good123 > 2023-10-12 16:34 | Report Abuse

Kawan should fly after the budget day... more people cook at home

Good123

24,741 posts

Posted by Good123 > 2023-10-13 07:55 | Report Abuse

Same technical play again?

Kawan Food broke out from its 4-week bullish flag pattern with a long white candle on Friday, implying that its previous uptrend may have resumed. With the 20-day EMA remaining above the 50-day EMA since the bullish crossover in mid-July, the uptrend may continue in the near term. A bullish bias may emerge above the RM2.24 level, with a stop-loss set at RM2.05, below 30 Sep’s low. Towards the upside, the near-term resistance level is seen at RM2.40, followed by RM2.60.

Entry : RM2.24–2.31

Target : RM2.40, RM2.60

Exit : RM2.05

Good123

24,741 posts

Posted by Good123 > 2023-10-13 07:55 | Report Abuse

Undervalued, share buyback continues :)

2023-10-12

Insider

KAWAN FOOD BHD buyback 614,100 shares from 1.860 to 1.870 on 12-Oct-2023.

2023-10-11

Insider

KAWAN FOOD BHD buyback 846,900 shares from 1.850 to 1.880 on 11-Oct-2023.

2023-10-10

Insider

KAWAN FOOD BHD buyback 734,200 shares from 1.845 to 1.845 on 10-Oct-2023.

2023-10-10

Insider

KAWAN FOOD BHD buyback 286,500 shares from 1.830 to 1.830 on 09-Oct-2023.

2023-10-10

Insider

KAWAN FOOD BHD buyback 156,500 shares from 1.818 to 1.818 on 06-Oct-2023.

Good123

24,741 posts

Good123

24,741 posts

Posted by Good123 > 2023-10-19 11:17 | Report Abuse

Up3.. inflation.n wars, masak sendiri.. more demand for kawan products

Posted by cooledhawk123654 > 2023-10-23 12:01 | Report Abuse

share buy back so much?

Good123

24,741 posts

Posted by Good123 > 2023-10-25 10:01 | Report Abuse

wars wartime, halal frozen foods from KAWAN can be exported to war zones in the middle east

Good123

24,741 posts

Posted by Good123 > 2023-10-25 10:02 | Report Abuse

decline in the local economy encourages more people to eat at home for breakfast, etc... frozen halal foods from KAWAN is expected to surge higher n higher

Good123

24,741 posts

Posted by Good123 > 2023-10-25 10:04 | Report Abuse

KAWAN is already exporting to 30 to 40 countries globally... the sale volume is expected to rise further due to wars, etc. People globally would opt for needs and cost saving alternatives like frozen foods from KAWAN

abc333

1,492 posts

Posted by abc333 > 2023-11-07 12:06 | Report Abuse

boycott isreal foods, ppl buy local foods, kawan, hwatai, ffb saudee can fly?

abc333

1,492 posts

Posted by abc333 > 2023-11-08 09:42 | Report Abuse

Egypt’s Spiro Spathis sales rise to 300% thanks to boycott calls

abc333

1,492 posts

Posted by abc333 > 2023-11-10 09:07 | Report Abuse

yah , can monitor kawan , ffb. boycott Mcd /kfc boost kawan sales. More and more nestle and baskin robins consumer is now shift to farmfresh and inside scoope

Posted by Happyman123 > 2023-11-11 21:15 | Report Abuse

Co. keep share buyback...anyone smell the brewing? :p

abc333

1,492 posts

Posted by abc333 > 2023-11-14 17:03 | Report Abuse

the boycotts is serious. Kawan move!

abc333

1,492 posts

Posted by abc333 > 2023-11-14 17:15 | Report Abuse

If boycotts continues , kawan ffb sds fly to the sky

Good123

24,741 posts

Posted by Good123 > 2023-11-15 15:14 | Report Abuse

Frozen Halal foods ... kawan balik rm2++

Good123

24,741 posts

Posted by Good123 > 2023-11-15 15:15 | Report Abuse

Ramai masak kat rumah kini

Good123

24,741 posts

Posted by Good123 > 2023-11-15 15:15 | Report Abuse

Accumulate in stages till next year

Good123

24,741 posts

Posted by Good123 > 2023-11-15 15:18 | Report Abuse

Terbaik



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KAWAN

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Market
MY Stocks
CONSUMER PRODUCTS & SERVICES
FOOD& BEVERAGES

KAWAN FOOD BHD
KLSE (MYR): KAWAN (7216)

Live Data: OFF
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Last Price

1.90

Today's Change

-0.01 (0.52%)

Day's Change

1.90 - 1.92

Trading Volume

225,700

Overview
Market Cap

689 Million

NOSH

363 Million

Avg Volume (4 weeks)

261,689

4 Weeks Range

1.84 - 1.92

4 Weeks Price Volatility (%)

75.00%
52 Weeks Range

1.68 - 2.40

52 Weeks Price Volatility (%)

30.56%
Previous Close

1.91

Open

1.91

Bid

1.90 x 30,300

Ask

1.91 x 3,900

Day's Range

1.90 - 1.92

Trading Volume

225,700

Market Depth
Best Buy
Position

Price

Volume

Orders

1

1.90

30,300

3

2

1.89

12,600

3

3

1.88

20,800

6

4

1.86

30,000

2

5

1.85

34,000

3

Best Sell
Position

Price

Volume

Orders

1

1.91

3,900

2

2

1.92

120,100

4

3

1.93

209,600

4

4

1.94

103,000

2

5

1.95

4,500

2

Financial Highlight
Latest Quarter | Ann. Date

30-Jun-2023 [#2] | 22-Aug-2023

Next QR | Est. Ann. Date

30-Sep-2023 | 22-Nov-2023

T4Q P/E | EY

21.11 | 4.74%

T4Q DY | Payout %

1.89% | 39.99%

T4Q NAPS | P/NAPS

1.10 | 1.73

T4Q NP Margin | ROE

11.23% | 8.18%

DY
PE
NAPS
ROE
Market Buzz

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2023-11-15

Forum

3 New Comments

2023-11-14

Insider

KAWAN FOOD BHD buyback 696,600 shares from 1.840 to 1.880 on 14-Nov-2023.

2023-11-10

Insider

KAWAN FOOD BHD buyback 287,500 shares from 1.850 to 1.870 on 10-Nov-2023.

2023-11-09

Insider

KAWAN FOOD BHD buyback 232,700 shares from 1.860 to 1.870 on 09-Nov-2023.

abc333

1,492 posts

Posted by abc333 > 2023-11-20 14:52 | Report Abuse

once ffb break 1.27 will fly, kawan please follow farm fresh, boycotts may last for years

abc333

1,492 posts

Posted by abc333 > 2023-11-24 10:35 | Report Abuse

FFB breaked 1.27, heading to 1.35. Kawan , is your time to break 1.9

UnicornP

2,748 posts

Posted by UnicornP > 2023-11-24 13:45 | Report Abuse

In Jan to Mar 2022, they buy back a lot and share price rose from 1.50 to 2.30. Now Oct and Nov 2023 they also buy back intensely at 1.90.

Good123

24,741 posts

Posted by Good123 > 2023-11-28 13:06 | Report Abuse

Alibaba mau beli kawan? :)

Packaged meals are becoming increasingly popular,” he told CNN. “Consumers in some cases are choosing these meals as they are trading down and not dining out as much, but are also choosing them for access to variety and due to time constraints.”

https://www.cnn.com/2023/11/27/business/jack-ma-food-startup-intl-hnk/index.html

Good123

24,741 posts

Posted by Good123 > 2023-12-18 14:21 | Report Abuse

ekonomi memerlukan masa untuk dipulihkan... kini, ramai masak kat rumah... frozen foods dari kawan mempunyai potensi tak terhad. go4it

Good123

24,741 posts

Posted by Good123 > 2023-12-19 05:26 | Report Abuse

2023-12-18

Insider

KAWAN FOOD BHD buyback 114,700 shares from 1.880 to 1.880 on 18-Dec-2023.

2023-12-15

Insider

KAWAN FOOD BHD buyback 106,000 shares from 1.880 to 1.880 on 15-Dec-2023.

2023-12-14

Insider

KAWAN FOOD BHD buyback 107,200 shares from 1.880 to 1.880 on 14-Dec-2023.

Good123

24,741 posts

Posted by Good123 > 2023-12-19 12:02 | Report Abuse

Some says kawan jadi macam Apollo nanti

Up 50% + share premium

Wait n see

Good123

24,741 posts

Posted by Good123 > 2023-12-19 16:26 | Report Abuse

Kawan, the next Apollo , sabar ya

Good123

24,741 posts

Posted by Good123 > 2023-12-19 16:26 | Report Abuse

Accumulate in stages ... 1-2 years , huge return nanti

Good123

24,741 posts

Posted by Good123 > 2023-12-19 21:03 | Report Abuse

sedunia kian p@kai... cuma mampu beli and masak kat rumah... frozen food player macam KAWAN pasti huat :)

Good123

24,741 posts

Posted by Good123 > 2023-12-19 21:04 | Report Abuse

zaman kemelesetan ekonomi macam 1930an.... melabur dalam industri makanan macam kawan adalah paling berpotensi... :)

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