Posted by zackyh > 2015-11-03 19:05 | Report Abuse

sell soon?

Posted by allanchong1988 > 2015-11-04 07:43 | Report Abuse

Zack, why sell soon? i believe depreciation of ringgit, the recent TPPA and the new factory capacity will boot up kawan share price in the near future. i was hope that it can break RM3. and also give more dividend to shareholder is the best!

Posted by kennethcheah > 2015-11-04 17:27 | Report Abuse

给Kawan时间$3.00 真的是没障碍可阻挡。

Posted by zackyh > 2015-11-20 11:36 | Report Abuse

now 2.8

Posted by Kawan Tsong > 2015-11-20 13:40 | Report Abuse

够朋友。。ni macam baru kawan mah..Huat ah!

Posted by Kawan Tsong > 2015-11-23 16:19 | Report Abuse

Lai liao lai liao...2.83

Posted by zackyh > 2015-11-24 11:14 | Report Abuse

wah almost 3

Posted by member41 > 2015-11-24 11:36 | Report Abuse

Just 2c shy of $3. Afternoon can?

Posted by Kawan Tsong > 2015-11-24 12:45 | Report Abuse

no worry..just profit taking

Posted by soros228 > 2015-11-24 15:49 | Report Abuse

Buy

Posted by member41 > 2015-11-26 17:29 | Report Abuse

Earning double again. Congrats guys

Posted by member41 > 2015-11-26 17:29 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4932569

Posted by goldenluck16 > 2015-11-26 17:39 | Report Abuse

Tomorrow it's buy time again.

Posted by goldenluck16 > 2015-11-26 17:40 | Report Abuse

Tomorrow will break new high again..RM3.00.

Posted by Kawan Tsong > 2015-11-26 17:45 | Report Abuse

Huat ah!..PAT 114%

Posted by Kawan Tsong > 2015-11-27 00:28 | Report Abuse

好朋友，出外靠朋友
朋友一升一起走，那些便宜日子不再有。。

CIMB New TP 4.48
Kawan Food
Best quarter ever

-9M net profit results were above our expectations mainly due to huge 3Q15 forex gains. 9MFY15 net profit met 95% of our full-year forecast.

-3QFY15 forex gains of RM4.8m were due to stronger US$. 9M15 forex gains stood at RM7.2m.

-New factory should be up by 1Q2016. Kawan can offer new products from new factory.

-Maintain Add. As we raise our FY15-16 EPS by 14-37% and roll over our P/E valuation to end-2016, our target price rises to RM4.48.

9M15 net profit up 64% yoy
9MFY15 revenue was up 10% yoy but net profit skyrocketed 64% to RM25.1m. The higher profit growth was mainly due to lower raw material costs and the stronger US$. 70% of Kawan’s revenue are exported, with the US being its biggest export market. No interim dividend was declared, in line with our expectations.

3Q15 the best quarter ever
3Q15 was the best quarter ever for Kawan. 3Q net profit came in at RM12.2m, aided by forex gains of RM4.8m in just this quarter. 9M15 forex gains came in at RM7.2m, compared to forex gains of only RM0.5m in 9M04.

Domestic sales were flat
The domestic market was the largest revenue contributor in 9MFY15, but revenue inched down 0.9% yoy. This is one of the rare few times where domestic revenue slid. Even during the 2008-2009 global financial crisis, domestic sales were up yoy. North America, the second-largest market, saw sales rise by 20% yoy to RM39.9m in 9MFY15. Europe posted the fastest growth in 9MFY15, with sales rising by 24% yoy.

New plant target to be ready by end-1Q16
Kawan is building a new factory in Pulau Indah, Selangor, which will be 5-6x the size of the existing freezer warehouse. Expected to be up and running by end-1Q16, the new factory and production line will allow the company to develop new products and target new markets. Its existing plant is already running at full capacity.

Net cash balance sheet
Kawan's balance sheet is healthy, with net cash of RM33m as at end-Sep. Its existing cash pile and proceeds from warrants (RM20m thus far in 9M15) should help fund most of the new factory's capex.

Maintain Add, target price raised
We raise our FY15-16 EPS by 14-37% to reflect forex gains and lower raw material costs. Our target price rises, as we roll it forward to end-2016, with the target P/E basis unchanged at 20x, a 25% discount to our F&B sector P/E of 25x. The stock remains an Add. Potential catalysts include successful completion of its new factory and strong export sales.

Posted by Icon8888 > 2015-11-27 08:12 | Report Abuse

Jealous jealous

There are two families in the same neighborhood

One family has a son called kawanfood. The other has a son called johotin

Both also praised by neighbors as great kids and had potential

Later both grow up.

Kawanfood becomes a doctor, makes a lot of money while saving lifes. Ichiban !!!

Johotin becomes a samseng. His parents very sad

End of story. Thank you for reading

Posted by Ting Ley Yiew > 2015-11-27 08:57 | Report Abuse

Bro icon8888, I'm pround of u even I'm new investor...I hv read a lot of comments n I think what u wrote is correct....

Posted by Kawan Tsong > 2015-11-27 12:07 | Report Abuse

profit taking

Posted by member41 > 2015-11-27 13:13 | Report Abuse

Already ran up a bit before qr

Posted by Kawan Tsong > 2015-11-27 19:42 | Report Abuse

Muscle..give me your email

Posted by Kawan Tsong > 2015-11-28 08:36 | Report Abuse

check your mail

Posted by member41 > 2015-12-03 15:46 | Report Abuse

Can hit $3 today

Posted by maxkiller > 2015-12-03 15:50 | Report Abuse

no....haven't accumulate enough...

Posted by Kawan Tsong > 2015-12-08 11:37 | Report Abuse

Inikalilah

Posted by Kawan Tsong > 2015-12-08 11:46 | Report Abuse

cuma touch je 100 unit...3.00...testing water

Posted by member41 > 2015-12-08 12:26 | Report Abuse

$3 finally... been waiting.

Posted by CFTrader > 2015-12-08 20:23 | Report Abuse

朋友一生一起走，那些日子不再有～

Posted by D7zul > 2015-12-09 10:02 | Report Abuse

Friends to go with his life, those days no longer have ~?

Posted by CFTrader > 2015-12-09 11:38 | Report Abuse

D7zul, it's a Chinese song which tells that "Friends are lifelong and precious" =D , Its an quite old classic song , which dedicated to old friends =D

Posted by CFTrader > 2015-12-09 11:39 | Report Abuse

meanwhile, friends in chinese = kawan, hence, that comment hahaha

Posted by D7zul > 2015-12-09 19:47 | Report Abuse

oh.. got it, CFTrader =)

Posted by goldenluck16 > 2015-12-11 15:32 | Report Abuse

New high again. New year ang POW for all Kawan shareholders.

Posted by member41 > 2015-12-11 16:34 | Report Abuse

Congrats guy 318. Love chapatti

Posted by Kawan Tsong > 2015-12-11 19:15 | Report Abuse

Ni macam baru cukup Kawan mah..^^

Posted by DreamDominator > 2015-12-11 19:44 | Report Abuse

wely flendly ah, this one ...

Posted by CFTrader > 2015-12-11 22:30 | Report Abuse

coz kawan sejati bro ~

Posted by godlike > 2015-12-14 11:10 | Report Abuse

why no dividend this year?

Posted by member41 > 2015-12-14 13:52 | Report Abuse

RM dropping helps.

Posted by Kawan Tsong > 2015-12-14 14:35 | Report Abuse

godlike, as long can hit new high even heavy rain consider as dividend la..huat ah!

Posted by godlike > 2015-12-14 16:06 | Report Abuse

true but dividend means alot..anyway i doubled thanks to KAWAN for this year.
HUAT AH...

Posted by member41 > 2015-12-16 15:45 | Report Abuse

319 already. Any new target

Posted by godlike > 2015-12-16 15:48 | Report Abuse

RM4, someone please sapuuuuuu

Posted by godlike > 2015-12-16 16:18 | Report Abuse

if it break 3.2 resistant, we are flying!

Posted by godlike > 2015-12-17 09:40 | Report Abuse

waiting for the christmas GIFT, must have dividend this year!

Posted by godlike > 2015-12-17 10:34 | Report Abuse

buckle up, we are departing!

Posted by member41 > 2015-12-17 12:15 | Report Abuse

340 oh wow. Christmas came early.

Posted by maxkiller > 2015-12-17 12:16 | Report Abuse

walao, so xiong!!

Posted by member41 > 2015-12-17 14:57 | Report Abuse

345 gogogoog

Posted by Kawan Tsong > 2015-12-17 21:11 | Report Abuse

Still long journey.. Huat ah