KAWAN FOOD BHD

KLSE (MYR): KAWAN (7216)

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Last Price

1.84

Today's Change

+0.02 (1.10%)

Day's Change

1.82 - 1.84

Trading Volume

484,500

Entitlement

Upcoming

Happening

Ann. Date Ex Date Type Subject Amount
Discussions
4 people like this. Showing 50 of 1,457 comments

Good123

REMEMBER these four things:

Investing is not gambling – only if you know what you are doing.
Don’t let your emotions control you.
Investing is a marathon – not a sprint. Focus on long term.
Every market downturn in history, has ended in an upturn.

1 month ago

Good123

Interim Dividend 4.2sen, just grab dulu

4 weeks ago

Good123


Save Print Back

KAWAN - Notice of Book Closure
KAWAN - Notice of Book Closure
ILC-07032024-00001
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.
MANAGER, REF. DATA MANAGEMENT
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

07/03/2024 07:00 AM


Ref Code: 202403075100020

4 weeks ago

Good123



REWARDS
Trading at 63.8% below our estimate of its fair value
Earnings are forecast to grow 16.63% per year
Pays a reliable dividend of 1.99%

4 weeks ago

Good123

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.

63.8%
Undervalued
Current Price
RM1.81
Fair Value
RM5.00

4 weeks ago

Good123

Below Fair Value: KAWAN (MYR1.81) is trading below our estimate of fair value (MYR5)

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

4 weeks ago

Good123

Earnings vs Savings Rate: KAWAN's forecast earnings growth (16.6% per year) is above the savings rate (3.5%).

Earnings vs Market: KAWAN's earnings (16.6% per year) are forecast to grow faster than the MY market (11.5% per year).

4 weeks ago

Good123

Revenue vs Market: KAWAN's revenue (8.2% per year) is forecast to grow faster than the MY market (5.6% per year).

4 weeks ago

Good123

Quality Earnings: KAWAN has high quality earnings.

4 weeks ago

Good123

Earnings Trend: KAWAN's earnings have grown by 15.3% per year over the past 5 years.

4 weeks ago

Good123

ROA
Company 6.6%
Industry 5.5%

4 weeks ago

Good123

ROCE
Last Year 6.1%
3 Years Ago 8.8%

4 weeks ago

Good123

Kawan Food Berhad Balance Sheet Health
Financial Health criteria checks 6/6

Kawan Food Berhad has a total shareholder equity of MYR393.2M and total debt of MYR3.6M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are MYR460.7M and MYR67.5M respectively. Kawan Food Berhad's EBIT is MYR25.0M making its interest coverage ratio 120.4. It has cash and short-term investments of MYR113.5M.

Financial Health Score 6/6

Short Term Liabilities

Long Term Liabilities

Debt Level

Reducing Debt

Debt Coverage

Interest Coverage

4 weeks ago

Good123

Key information
0.9%

Debt to equity ratio

RM3.56m

Debt

Interest coverage ratio 120.4x
Cash RM113.54m
Equity RM393.17m
Total liabilities RM67.54m
Total assets RM460.71m

4 weeks ago

Good123

Short Term Liabilities: KAWAN's short term assets (MYR235.6M) exceed its short term liabilities (MYR53.1M).

Long Term Liabilities: KAWAN's short term assets (MYR235.6M) exceed its long term liabilities (MYR14.5M).

4 weeks ago

Good123

Debt Level: KAWAN has more cash than its total debt.

Reducing Debt: KAWAN's debt to equity ratio has reduced from 5.2% to 0.9% over the past 5 years.

Debt Coverage: KAWAN's debt is well covered by operating cash flow (1582.3%).

Interest Coverage: KAWAN's interest payments on its debt are well covered by EBIT (120.4x coverage).

4 weeks ago

Good123

Key information
2.0%

Dividend yield

43%

Payout ratio

Industry average yield 2.7%
Next dividend pay date 02 Apr 24
Ex dividend date 20 Mar 24
Dividend per share RM0.036
Earnings per share RM0.086
Dividend yield forecast in 3Y 2.8%

4 weeks ago

Good123

Stable Dividend: KAWAN's dividends per share have been stable in the past 10 years.

Growing Dividend: KAWAN's dividend payments have increased over the past 10 years.

4 weeks ago

Good123

Earnings Coverage: With its reasonably low payout ratio (43.1%), KAWAN's dividend payments are well covered by earnings.

4 weeks ago

Good123

Cash Flow Coverage: With its low cash payout ratio (24.5%), KAWAN's dividend payments are well covered by cash flows.

4 weeks ago

Good123

Recent management updates

Kawan Food Berhad Appoints Adam Pandian as Group Chief Executive Officer, effective 01 January 2024
Dec 30

4 weeks ago

Good123

Adam Pandian

Tenure
Mr. Adam Pandian is Group Chief Executive Officer of Kawan Food Berhad since January 1, 2024 and was its Executive Advisor to the Executive Chairman & Head of Transformation since joining in April 2023 until January 1, 2024. He has 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. Starting 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 for Greater China and Southeast Asia for Kellogg.
Prior to joining Kawan 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 MD’s office where he served in change management, business turnarounds and driving group synergy across operating divisions. He finished Advanced Management Program by Prof. Peter Doyle, University of Warwick; Creating Competitive Advantage by Prof. Karl Moore, Oxford University; Strategic Management for HiPos, by Saatchi & Saatchi; Leaders developing Leaders Program, Kellogg Leadership Academy; Kellogg Leadership coaching; Howard Epstein (New York) and Graham Richardson (Sydney). He has Bachelor of Business Administration from National University of Singapore.

4 weeks ago

Good123

Ownership Breakdown
General Public 19.4%
67,960,969 shares
Individual Insiders 34.3%
119,878,877 shares
Institutions 46.3%
161,979,134 shares

4 weeks ago

Good123

Top 24 shareholders own 80.57% of the company
Ownership Name Shares Current Value Change % Portfolio %
36.1%
Gfg Foundation, Endowment Arm 126,257,402 RM228.5m 0% no data
17.7%
Nareshchandra Nagrecha 62,001,200 RM112.2m -13.9% no data
7.28%
Thiam Gan 25,472,799 RM46.1m 0% no data
5.56%
Public Mutual Bhd. 19,454,899 RM35.2m 0% 0.22%
2.9%
Hun Soon Lim 10,137,028 RM18.3m 32.7% no data
1.67%
Poh Ying Kong 5,834,100 RM10.6m 0% no data
1.35%
Kumpulan Wang Persaraan 4,707,933 RM8.5m 0% 0.02%
1.32%
Chung-Chen Wu 4,626,000 RM8.4m 0% no data
1.05%
Eastspring Investments (Singapore) Limited 3,667,400 RM6.6m 0% 0.01%
0.93%
UBS Asset Management AG 3,262,500 RM5.9m 0% no data
0.8%
Tsai-Tien Chen 2,792,466 RM5.1m 0% no data
0.74%
Peter Chiang 2,604,000 RM4.7m 0% no data
0.62%
Kamal Shah 2,168,382 RM3.9m 0% no data
0.6%
Maybank Asset Management Group Bhd. 2,112,600 RM3.8m 0% 0.63%
0.59%
Kah Yin Yoong 2,070,000 RM3.7m 0% no data
0.59%
Chia-Lung Wu 2,051,682 RM3.7m 0% no data
0.37%
PHEIM Asset Management Sdn Bhd 1,293,100 RM2.3m 0% 1.18%
0.15%
RHB Asset Management Sdn Bhd 516,100 RM934.1k 0% 0.07%
0.066%
BOS Wealth Management Malaysia Bhd. 230,700 RM417.6k 0% 0.26%
0.048%
SEI Investments Company 166,200 RM300.8k 0% no data
0.038%
Acadian Asset Management LLC 132,700 RM240.2k 0% no data
0.035%
Ka Gan 121,220 RM219.4k 0% no data
0.028%
Fidelity International Ltd 99,600 RM180.3k 0% no data
0.022%
Amanah Raya Investment Management Sdn Bhd 78,000 RM141.2k 0% 0.05%

4 weeks ago

Good123

Name: Kawan Food Berhad
Ticker: KAWAN
Exchange: KLSE
Founded: 1960
Industry: Packaged Foods and Meats
Sector: Food, Beverage & Tobacco
Market Cap: RM633.172m
Shares Outstanding: 349.82m
Website: https://www.kawanfood.com

4 weeks ago

Good123

Baik...

Malaysia market has been under-appreciated with the KLCI only recording 2 positive returns (in 2017 and 2020) over the past 10 years. This is mainly due to foreign fund selling, inconsistent policy follow-through, along with external forces such as the US sticking to higher rates for a longer period and a sluggish recovery in China.



However, things have improved since the 2H of last year and this strong momentum persists into 2024, with KLCI registering +6.7% gains YTD as of Feb 2024, indicating signs of renewed optimism towards the Malaysia market. Despite the recent rally, we hold a positive view on Malaysia market over the medium to long term. $$$$$$$$$$$$

3 weeks ago

Good123

Ex dividend date mar 20. Hurry up yah

3 weeks ago

Good123

last day for dividend interim sebanyak 4.2sen .... grab yah!

3 weeks ago

Good123

LAST DAY FOR 4.2 SEN INTERIM DIVIDEND. BUY B4 IT IS TOO LATE :) 1.83 - 1.84 NOW

3 weeks ago

SwingSOS

Makan roticanai, Beli Kawan!

3 weeks ago

Good123

post pandemic , ramai yg kian susah...hanya mampu makan and masak kat rumah.. kawan mempunyai potensi tak terhingga bukan hanya di malaysia tapi global jugak.

$$$$$$$$$$$$$$$$$$In 2022, according to the World Instant Noodles Association, humanity collectively bought a record 121 billion servings of instant noodles – some 17 per cent more than in 2018. In countries as diverse as Nigeria, Bangladesh and Turkey, the surge has been far more acute, with increases ranging from 53 per cent to 425 per cent.
https://www.channelnewsasia.com/commentary/inflation-economic-outlook-instant-noodles-ramen-demand-4194896

3 weeks ago

RedOreo

Underlooked counter

2 weeks ago

Good123

kian ramai makan kat rumah.../ frozen foods macam roti canai, capati, nasi lemak, dll dari KAWAN pasti melambung... beli sebelum terlambat

2 weeks ago

Good123

uptredn4 kawan... 1.83 already

2 weeks ago

Good123

BILA DALAM RADAR, BALIK rm2 TO RM3 HEHE

@RedOreo

Underlooked counter

1 day ago

2 weeks ago

Good123

above RM2 soon hehe

2 weeks ago

Good123

Kawan's products especially its roti canai, capati , dhal, etc should be marketed and distributed more aggressive globally.

In a viral Xiao Hong Shu (RED) post by @辣芷的美食日记, 2 Malaysian Indian men are seen flipping Roti Canai in Chongqing, China to the amusement of the people who pass by the stall. The best part is, the 2 Malaysian men interacted with the customers in the Mandarin language. One of the men had his smile on ALL the time, and he was happily flipping the bread while chatting with the customer.

Another man, who seemed a little camera-shy was busy grilling the bread right next to him.

www.worldofbuzz.com/msians-sell-rm16-roti-canai-in-china-talks-to-customers-in-mandarin/

2 weeks ago

Good123

kawan... time2rise/// hehe

2 weeks ago

Good123

sedap, enak, keep some yah!

1 week ago

Good123

uptrend ka? UP 2sen/// makan roti canai, capati, dhal , dll kat rumah lagi jimat.. usah makan kat kedai hehe

1 week ago

Good123

mau balik RM2-Rm3 kot? wait n see ya

1 week ago

Good123

tak tahu jika ada takeover offer yg sama dari group yg membeli oldtown, munchy, dll, kawan boleh terus naik ke RM3- Rm4 pun tak mustahil... buy n keep some, usah miss the boat nanti hehe

1 week ago

Good123

kawan UP 1.84 now

1 week ago

Good123

closed at 1.82... good ,... ex-div... share buyback, its potentials for privatisation, takeover offer like mamee, oldtown, F&N, munchy and many more

1 week ago

Good123

Share buyback like Alibaba :)

"Alibaba stock: Morgan Stanley notes acceleration in share repurchase rate"

Meanwhile, Morgan Stanley has also observed that Alibaba has maintained its strategy of divesting non-core assets throughout the year.

https://uk.investing.com/news/stock-market-news/alibaba-stock-morgan-stanley-notes- acceleration-in-share-repurchase-rate-432SI-3416234

1 week ago

Good123

Better to buy kawan products Dan makan Kat rumah

A TOTAL of 82 compounds and notices were issued to traders of Ramadan bazaars in Kuala Lumpur for selling contaminated food.

Kuala Lumpur City Hall (DBKL) collected 1,060 food samples from various bazaars operating in the city, from March 10 to 29.

1 week ago

Good123

hah, up, 1.83 now hehe
Kawan Food Berhad, a company listed on the Kuala Lumpur Stock Exchange, is considered to have significant growth potential for several reasons:

- *Earnings Growth: The company is forecasted to grow its earnings by **18.9%* per annum¹, which is a robust rate indicating potential profitability and financial health.
- *Global Market: According to research, the global frozen food market is projected to grow at a CAGR of **3.4%* from 2019 to 2027⁴. With Kawan Food operating at a *60-65%* utilization rate, it is well-positioned to capture this demand growth due to its additional production capacity.
- *Product Range*: Kawan Food has a wide range of high-quality and affordable Asian delicacies that are sold worldwide, including in Western countries where there is a demand for such products².
- *Innovation*: The company's commitment to innovation is evident in its state-of-the-art manufacturing facilities and its ability to adapt to market trends and consumer preferences².

These factors contribute to the optimism around Kawan Food Berhad's potential in the market.

4 days ago

SwingSOS

slowly climb back above rm2

3 days ago

Good123

Up trend, add some hehe

22 hours ago

Good123

rising in stages supported by better econ data, share buybacks, etc etc

17 hours ago

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