Posted by Good123 > 2024-01-12 11:58 | Report Abuse

https://www.malaymail.com/news/malaysia/2024/01/10/stats-dept-malaysias-unemployment-rate-back-to-pre-pandemic-level-of-33pc-in-november-2023/111682

Posted by Good123 > 2024-01-12 11:58 | Report Abuse

Eat more ready to eat frozen products from kawan :)

https://www.thestar.com.my/business/business-news/2024/01/11/further-price-increases-not-ruled-out

Posted by Good123 > 2024-01-15 09:18 | Report Abuse

Stock Price Target
Last Price Avg Target Price Upside/Downside
1.79 2.23 +0.44 (24.58%)

Posted by Good123 > 2024-01-15 12:05 | Report Abuse

Short term target RM2, bro Singaporean pandi dah join as CEO, cool :)

Posted by Good123 > 2024-01-16 10:32 | Report Abuse

New Singaporean CEO semoga dapat improve prestasi... Bukan si malas sertai untuk enjoy gila saja ;)

Posted by Good123 > 2024-01-17 10:31 | Report Abuse

Kawan, buy call, kos hidup naik, ramai masak sendiri kini

Posted by Good123 > 2024-01-18 19:32 | Report Abuse

Up 2sen today... Good lah, people saw its potentialas consumer stable products

Posted by Good123 > 2024-01-19 08:45 | Report Abuse

Accumulate in stages.. Food is essential, more n more people eat at home or masak sendiri

Posted by Good123 > 2024-01-19 15:57 | Report Abuse

Employeespun yakin, exercise esos terbaiklah



Save Print Back

7216 KAWAN KAWAN FOOD BHD
Additional Listing Announcement /Subdivision of Shares
1. Details of corporate proposal
Whether the corporate proposal involves the issuance of new type and new class
of securities? N
Types of corporate proposal : ESOS
Details of corporate proposal : Employees Share Scheme
No. of shares issued under this corporate proposal : 250,000
Issue price per share ($$) : 1.6600
Par Value ($$) (if applicable) : 0.000
Latest issued share capital after the above corporate proposal
In the following
Units : 362,831,760
Issued Share Capital ($$) : Malaysian Ringgit (MYR) 184,918,480.000
Listing Date : 22/01/2024
2. Details of corporate proposal
Whether the corporate proposal involves the issuance of new type and new class
of securities? N
Types of corporate proposal : ESOS
Details of corporate proposal : Employees Share Scheme
No. of shares issued under this corporate proposal : 150,300
Issue price per share ($$) : 1.6500
Par Value ($$) (if applicable) : 0.000
Latest issued share capital after the above corporate proposal
In the following
Units : 362,982,060
Issued Share Capital ($$) : Malaysian Ringgit (MYR) 185,166,475.000
Listing Date : 22/01/2024
Remarks:
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

19/01/2024 02:45 PM


Ref Code: 202401193000054

Posted by Good123 > 2024-01-20 13:28 | Report Abuse

The FBM KLCI’s dip notwithstanding, Ambrose maintains his view that Malaysian and Asean equities, as well as the ringgit are undervalued, pegging his year-end target for the leading index at 1,784 if the market’s prospective price-earnings ratio returned to its normal level of 16 times.

“After all, foreign investors are almost out of the market and local institutions have stopped selling at the end of 2023. There are many ways things can go wrong, but I am bullish for 2024,” he said.

Posted by Good123 > 2024-01-22 14:43 | Report Abuse

orang ramai kian susah, masak kat rumah, more potentials for kawan

Posted by Good123 > 2024-01-22 20:53 | Report Abuse

https://www.cnbc.com/2024/01/22/southeast-asia-markets-poised-for-a-comeback-with-valuations-at-bargain-basement-maybank-says.html

#

Posted by Good123 > 2024-01-23 08:58 | Report Abuse

Buy!

Frozen foods companies often perform well for several reasons:Convenience: Frozen foods offer convenience as they have a longer shelf life, reducing the need for frequent grocery shopping. Consumers appreciate the ability to stock up on items that can be stored for an extended period.Time-Saving: Frozen foods are often pre-prepared or partially cooked, saving consumers time in the kitchen. This convenience is particularly appealing to those with busy lifestyles.Variety: Frozen food companies offer a wide variety of options, ranging from fruits and vegetables to fully prepared meals. This variety caters to diverse consumer preferences and dietary needs.Nutrient Retention: Flash freezing technology used in the production of frozen foods helps retain the nutritional value of the products, making them a convenient and relatively healthy option compared to some other convenience foods.Seasonal Availability: Frozen foods provide access to seasonal items year-round, allowing consumers to enjoy fruits, vegetables, and other products regardless of the time of year.Reduced Food Waste: Frozen foods have a longer shelf life, reducing the likelihood of spoilage and food waste. This appeals to environmentally conscious consumers.Global Cuisine: Many frozen food companies offer a range of international cuisines, allowing consumers to enjoy diverse flavors without the need for extensive ingredient sourcing and preparation.

Posted by Good123 > 2024-01-23 20:46 | Report Abuse

www.thestar.com.my/business/business-news/2024/01/20/malaysia039s-gdp-growth-set-to-accelerate-to-46-in-2024---rhb-ib

Posted by Good123 > 2024-01-23 20:47 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/01/20/malaysia039s-gdp-growth-set-to-accelerate-to-46-in-2024---rhb-ib

Posted by Good123 > 2024-01-24 06:21 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/01/23/hsbc-2024-to-be-a-year-of-recovery-for-malaysia

Posted by Good123 > 2024-01-24 14:14 | Report Abuse

Asian markets were supported yesterday by a more positive momentum following a Bloomberg report that the Chinese authorities were considering a stimulus package worth two trillion yuan to stabilise the country’s stock markets.

Posted by Good123 > 2024-01-24 15:42 | Report Abuse

Up 1.84 now

Posted by Good123 > 2024-01-26 09:42 | Report Abuse

**Kawan Food Berhad: Nourishing Success Through Innovation and Quality**

Kawan Food Berhad has emerged as a notable player in the Malaysian food industry, setting itself apart through a combination of innovation, unwavering commitment to quality, and a customer-centric approach. The company's journey towards success reflects a steadfast dedication to providing consumers with high-quality frozen food products.

At the heart of Kawan Food's success lies its unyielding commitment to quality. The company's frozen food offerings, including an array of convenient and delicious options, have gained widespread acclaim for their consistency and taste. Kawan Food has been successful in creating a strong bond of trust with consumers who appreciate the reliability and excellence that the brand consistently delivers.

Innovation is a hallmark of Kawan Food's strategy, enabling the company to keep pace with evolving consumer preferences. The incorporation of advanced technologies and modern production methods has not only elevated the efficiency of operations but has also allowed Kawan Food to introduce innovative products that cater to diverse tastes. This commitment to staying at the forefront of culinary trends has positioned the company as a dynamic force in the market.

Kawan Food Berhad is not merely a business entity; it is also a responsible corporate citizen. The company actively engages in initiatives aimed at making a positive impact on society. Through various corporate social responsibility (CSR) programs, Kawan Food demonstrates its commitment to giving back to the communities it serves, reinforcing its role as a socially conscious organization.

Financial prudence and strategic management have played a crucial role in Kawan Food's trajectory of success. The company's sound financial practices have not only ensured stability but have also garnered confidence from investors. This financial resilience positions Kawan Food as a reliable and attractive investment choice in the competitive landscape.

The ability of Kawan Food Berhad to adapt to market dynamics has been a key factor in its sustained success. The company's agility in navigating challenges and embracing change has not only solidified its position in the market but has also allowed it to thrive in the face of economic uncertainties. Kawan Food's resilience underscores its strategic foresight and ability to turn challenges into opportunities.

In conclusion, Kawan Food Berhad stands as a shining example of success in the Malaysian food industry. Its dedication to quality, commitment to innovation, and a strong sense of corporate responsibility have positioned it as a trusted brand. As Kawan Food continues to grow and evolve, it remains an inspiring model for businesses aspiring to combine culinary excellence with a socially responsible approach, nourishing both its customers and the communities it serves.

Posted by Good123 > 2024-01-26 13:39 | Report Abuse

Kawan Food Berhad is a company that produces and sells authentic and convenient frozen food products for local and international markets. It offers a range of brands, recipes, innovations and services to suit different consumer needs and preferences. Some of the positive aspects of Kawan Food Berhad are:

- It is one of Malaysia’s leading exporter and largest manufacturer of frozen Asian food delicacies worldwide¹². It has a strong distribution network and a loyal customer base in over 40 countries¹.
- It is committed to providing high quality products that are halal certified, safe and affordable. It has obtained various certifications and accreditations, such as ISO 22000, HACCP, GMP, BRC and MESTI¹².
- It is dedicated to innovation and continuous improvement. It has a well-equipped R&D centre and a team of experienced food technologists who develop new products and recipes to cater to the changing consumer trends and preferences¹².
- It is involved in the corporate social responsibility activities and contributes to the society and the environment. It supports various charitable causes, such as education, health, welfare and environmental protection².
- It has a clear vision and mission to be a leading frozen food manufacturer in the region and to create business opportunities for its partners¹².

Kawan Food Berhad is a company that has a long history, a wide variety of products, a large customer base, and a clear vision and mission. It is a company that can be proud of its achievements and contributions to the frozen food industry.



Source:
(1) Kawan Food Berhad - Truly Friendlicious. https://kawanfood.com/.
(2) Our Company - Kawan Food Berhad.

Posted by Good123 > 2024-01-26 15:41 | Report Abuse

Up 1.82 now

Posted by Good123 > 2024-01-29 09:26 | Report Abuse

Undervalued. People tak notice pun. :)

Posted by Good123 > 2024-01-29 09:41 | Report Abuse

KUALA LUMPUR (Jan 29): Foreign investors returned as net buyers on Bursa Malaysia, contributing to a net foreign inflow of RM267.7 million last week after disposing of local equities worth RM66.3 million in the prior week during a shortened trading week in conjunction with the Thaipusam holiday on Thursday.

Posted by Good123 > 2024-01-29 20:31 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/01/29/higher-fdi-expected

Posted by Good123 > 2024-01-30 10:45 | Report Abuse

Now up 6sen at 1.85 ;)

Posted by Good123 > 2024-01-31 08:59 | Report Abuse

KUALA LUMPUR: Investors should remain steadfast in seeking fundamentally sound stocks despite the recent turmoil in the small-cap market, according to RHB Research.

In a note, the investment bank said while the small-mid cap space is often preferred for its higher growth prospects, a balanced pick, combined with value-focusing and growth-focused stocks is appropriate in the current environment.

As such, it emphasised that a focus on earnings quality, margins preservation, cash flow, and yield generation is paramount, especially on the backdrop of tense geopolitical conflict, cost escalations, and demand uncertainty.

Posted by Good123 > 2 months ago | Report Abuse

It's noteworthy that Kawan Food Berhad's growth might contribute to addressing hunger by providing more food options. Addressing Malaysia & global hunger requires comprehensive efforts involving sustainable practices, local & international collaboration, and targeted initiatives.

Posted by Good123 > 2 months ago | Report Abuse

mantap 1.80+++ ... resting first :) 52w HIGH @rm2.28. Fun ride soon

Posted by Good123 > 2 months ago | Report Abuse

7216 KAWANKAWAN FOOD BHD Detailed Status Active. Member of Indices Consumer Products & Services
ISINMYL7216OO004Stock ExchangeBMListed OnMain MarketSectorConsumer Products & ServicesSub-SectorFood & BeveragesCurrencyMYRShares Per Lot100Share Issued362.982mPar Value-Paid Up Cap0.000Market Cap653.367mEntitlement-SyariahYesShort Sell IndicatorYesDelivery BasisReady

Posted by Good123 > 2 months ago | Report Abuse

bagus.. 1.84... more to come

Posted by Good123 > 2 months ago | Report Abuse

up 1.85 now... cantik

Posted by Good123 > 2 months ago | Report Abuse

Ok ok buy

PETALING JAYA: Resilient domestic demand and a recovery in demand from the European market are helping to sustain Kawan Food Bhd’s revenue growth.

According to Inter-Pacific Research, the company’s sales growth in key foreign markets, such as the rest of Asia, has remained stagnant.

Additionally, sluggish sales in the North America market were largely attributed to lower consumer sentiment.

Meanwhile, the tensions in the Middle East might also cause delays in shipments that affect the sales in North America and European markets.

That said, the research house anticipated a recovery in demand from the North America market due to its economic resilience that should largely preserve demand growth.

“Furthermore, we expect export sales in the Chinese market to regain momentum following the government’s efforts to bolster market confidence through stimulus measures,” it added.

Kawan Food’s calendar year 2023 earnings came in below Inter-Pacific Research’s expectations, only accounting for 93% of its full-year forecast, mainly due to lower operational efficiency and higher taxes.

The research house further reduced its earnings forecasts by 0.3% for 2024 after taking into account the higher operating expenses.

“We also maintain our ‘neutral’ recommendation on Kawan Food with a higher target price of RM2.02 by pegging an unchanged 20 times target price to earnings ratio (PER) to our 2024 earnings per share,” Inter-Pacific Research said.

It continues to like Kawan Food for its overseas market exposure, ongoing initiatives for social and labour compliance, and robust research and development to expand its product offerings.

Kawan Food’s 2023 revenue exceeded the research house’s expectations, which accounts for 102.1% of its previous full-year forecast.

However, net profit slightly missed expectations, only making up 93% of the research house’s previous full-year forecast, mainly due to the higher administrative expenses incurred.

Revenue increased 12.5% to RM81.4mil in the fourth quarter of 2023 from RM72.4mil, as the sales contribution from the European and China markets showed a two-time jump to RM9.8mil and nearly 1.5 time jump to RM2.7mil, respectively.

With improving sales, pre-tax profit rose 22.8% to RM10.2mil from RM8.3mil, which gave an uptick of 1.1% to its pre-tax profit margin.

The company’s net profit increased marginally by 2.1% to RM8.9mil

Posted by Good123 > 2 months ago | Report Abuse

Price Target
A price target is an analyst's projection of a share's future price.

Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.

Last Price

1.81

Avg Target Price

2.23

Upside/Downside

+0.42 (23.20%)

https://klse.i3investor.com/web/stock/analysis-price-target/7216

Posted by Good123 > 2 months ago | Report Abuse

The Board of Directors of KAWAN is pleased to declare an Interim Single Tier Dividend of 4.2 sen per ordinary share in respect of the financial year ending 31 December 2024.


The entitlement and payment date will be determined and announced at a later date.


This announcement is dated 22 February 2024.

Posted by Good123 > 2 months ago | Report Abuse

interim dividend declared 4.2sen, up 2sen now

Posted by Good123 > 2 months ago | Report Abuse

Stok dividen, dapat 4.2sen interim dividen dulu hehe

Posted by Good123 > 2 months ago | Report Abuse

Management has been aggressively buying back shares
When a company's management is actively repurchasing its own shares, it essentially means they are utilizing the company's capital to buy its own stock from the market. This reduces the number of shares available, which can increase the earnings per share (EPS) and potentially elevate the stock's price. Often, this action is seen as a bullish signal, implying that the management believes the company's shares are undervalued.

Share Buybacks: A share buyback or repurchase is a transaction where a company buys back its own shares from the marketplace. This reduces the number of outstanding shares, which can increase the ownership stake of remaining shareholders.
Earnings Per Share: Share buybacks can increase the company's earnings per share (EPS), a key metric used to gauge a company's profitability. With fewer shares outstanding, the EPS increases even if the company's net income stays the same.
Bullish Indicator: Management typically decides to buy back shares when they believe the stock is undervalued. This could signal that they expect the company's performance and stock price to improve in the future.
Investor Confidence: Aggressive share buybacks can bolster investor confidence. If the management is willing to invest its own capital back into the company, it might indicate that they are confident in the company's future prospects.

Posted by Good123 > 1 month ago | Report Abuse

beli dan kutip dividen 4.2sen dulu hehe

Posted by Good123 > 1 month ago | Report Abuse

lebih ramai orang makan roti canai kawan kat rumah kini hehe

Posted by Good123 > 1 month ago | Report Abuse

makan kawan punya roti canai, dll, usah kelaparan :)

Posted by Good123 > 1 month ago | Report Abuse

More biz4kawan globally.buy frozen foods, eat at home to cut expenses

Posted by Good123 > 1 month ago | Report Abuse

challenging times, lebih ramai hanya mampu makan dan beli frozen foods makan kat rumah/ofis hehe

Posted by Good123 > 1 month ago | Report Abuse

kutip dividen 4.2sen sambil makan roti canai kawan, dll. hehehe

Posted by Good123 > 1 month ago | Report Abuse

PETALING JAYA: Resilient domestic demand and a recovery in demand from the European market are helping to sustain Kawan Food Bhd’s revenue growth.

According to Inter-Pacific Research, the company’s sales growth in key foreign markets, such as the rest of Asia, has remained stagnant.

Additionally, sluggish sales in the North America market were largely attributed to lower consumer sentiment.

Meanwhile, the tensions in the Middle East might also cause delays in shipments that affect the sales in North America and European markets.

That said, the research house anticipated a recovery in demand from the North America market due to its economic resilience that should largely preserve demand growth.

“Furthermore, we expect export sales in the Chinese market to regain momentum following the government’s efforts to bolster market confidence through stimulus measures,” it added.

Kawan Food’s calendar year 2023 earnings came in below Inter-Pacific Research’s expectations, only accounting for 93% of its full-year forecast, mainly due to lower operational efficiency and higher taxes.

The research house further reduced its earnings forecasts by 0.3% for 2024 after taking into account the higher operating expenses.

“We also maintain our ‘neutral’ recommendation on Kawan Food with a higher target price of RM2.02 by pegging an unchanged 20 times target price to earnings ratio (PER) to our 2024 earnings per share,” Inter-Pacific Research said.

It continues to like Kawan Food for its overseas market exposure, ongoing initiatives for social and labour compliance, and robust research and development to expand its product offerings.

Kawan Food’s 2023 revenue exceeded the research house’s expectations, which accounts for 102.1% of its previous full-year forecast.

However, net profit slightly missed expectations, only making up 93% of the research house’s previous full-year forecast, mainly due to the higher administrative expenses incurred.

Revenue increased 12.5% to RM81.4mil in the fourth quarter of 2023 from RM72.4mil, as the sales contribution from the European and China markets showed a two-time jump to RM9.8mil and nearly 1.5 time jump to RM2.7mil, respectively.

With improving sales, pre-tax profit rose 22.8% to RM10.2mil from RM8.3mil, which gave an uptick of 1.1% to its pre-tax profit margin.

The company’s net profit increased marginally by 2.1% to RM8.9mil.

Posted by Good123 > 1 month ago | Report Abuse

OTHERS KAWAN FOOD BERHAD ("KAWAN" OR THE "COMPANY") - AN INTERIM SINGLE TIER DIVIDEND OF 4.2 SEN PER ORDINARY SHARE
KAWAN FOOD BERHAD

Type Announcement
Subject OTHERS
Description KAWAN FOOD BERHAD ("KAWAN" OR THE "COMPANY")
- AN INTERIM SINGLE TIER DIVIDEND OF 4.2 SEN PER ORDINARY SHARE
The Board of Directors of KAWAN is pleased to declare an Interim Single Tier Dividend of 4.2 sen per ordinary share in respect of the financial year ending 31 December 2024.


The entitlement and payment date will be determined and announced at a later date.


This announcement is dated 22 February 2024.





Announcement Info
Company Name KAWAN FOOD BERHAD
Stock Name KAWAN
Date Announced 22 Feb 2024
Category General Announcement for PLC
Reference Number GA1-22022024-00034

Posted by Good123 > 1 month ago | Report Abuse

Mr Adam joined Kawan Food Berhad Group of companies ("Kawan Group") as Advisor to Executive Chairman and Head of Transformation.

He has more than 35 years management experience in commercial, supply chain and corporate roles, developing and implementing transformation strategies across various industries and organizations with a foundation in fast-moving consumer goods.

He started his career in Procter & Gamble in brand management, he moved on to several senior positions including Account Director for Leo Burnett, Regional Account Director for Saatchi & Saatchi, General Manager and Commercial Director for Keebler, and as Managing Director ("MD") for Greater China and Southeast Asia for Kellogg.

Prior to joining Kawan Group in April 2023, he held Chief Operating Officer roles in various divisions within the Hap Seng Group as well as corporate roles within the Group MDs office where he served in change management, business turnarounds and driving group synergy across operating divisions.

Change in Principal Officer - MR ADAM PANDIAN | https://www.klsescreener.com/v2/announcements/view/6136917

Posted by Good123 > 1 month ago | Report Abuse

Tambah lagi , dividen ada

KAWAN - Notice of Book Closure
KAWAN FOOD BERHAD

Interim Single Tier Dividend of 4.2 sen per ordinary share



Kindly be advised of the following :



1) The above Company's securities will be traded and quoted "Ex - Dividend” as from: 20 Mar 2024
2) The last date of lodgment : 21 Mar 2024
3) Date Payable : 02 Apr 2024


Remarks :



Arising from the migration to the no par value regime under the Companies Act 2016, par value is no longer relevant.


Announcement Info
Company Name KAWAN FOOD BERHAD
Stock Name KAWAN
Date Announced 07 Mar 2024
Category Listing Circular
Reference Number ILC-07032024-00001

Posted by Good123 > 1 month ago | Report Abuse

Up hehe.. Analyst forecast price terkini rm2+ interim dividen kian naik @4.2sen dah

Posted by Good123 > 1 month ago | Report Abuse

Guna interim dividen untuk beli roti canai kawan, terenak

Posted by Good123 > 1 month ago | Report Abuse

roti canai KAWAN adalah tersedap di Malaysia.... accumulate some before it rises above RM2 as per analysts' forecast. hehe