KLSE (MYR): KAWAN (7216)
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Last Price
1.86
Today's Change
-0.02 (1.06%)
Day's Change
1.85 - 1.88
Trading Volume
282,600
Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
---|---|---|---|---|---|---|---|---|---|---|
Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) |
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
1 month ago
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.
1 month ago
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
1 month ago
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%.
1 month ago
Share Issued 362.581m
Market Cap RM674.402m
Market cap should be at least RM1bil.... keep some
1 month ago
Highest Price 4.7500 First Occurred on 11/08/2017
Highest Volume 28.800m First Occurred on 14/08/2009
1 month ago
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%
1 month ago
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
1 month ago
$$$$$¥
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.
1 month ago
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."
1 month ago
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
1 month ago
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.
1 month ago
wars wartime, halal frozen foods from KAWAN can be exported to war zones in the middle east
1 month ago
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
1 month ago
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
1 month ago
Hello KAWAN,
Bila sampai lu terbang, lu punya KAWAN - HUPSENG, HWATAI sudah terbang liao
2 weeks ago
Betul juga. Boycott western branding creates better sale for local brand..
I never thought this before...
TQ
2 weeks ago
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
2 weeks ago
Local HUPSENG biscuits good selling..
Next hot selling is roti kosong
After that support super ring
2 weeks ago
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KAWAN
-0.01
1.90
-0.52%
PICORP
0.00
0.085
0.00%
CHEETAH
-0.005
0.135
-3.57%
PERMAJU
0.00
0.045
0.00%
PERMAJU-PA
0.00
0.01
0.00%
XOX
-0.005
0.01
-33.33%
NETX
-0.005
0.115
-4.17%
OVERSEA
0.00
0.055
0.00%
Market
MY Stocks
CONSUMER PRODUCTS & SERVICES
FOOD& BEVERAGES
KAWAN FOOD BHD
KLSE (MYR): KAWAN (7216)
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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
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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.
1 week ago
McDonald's boycott continues till early shut door...
Mamak roti stores hot business
1 week ago
once ffb break 1.27 will fly, kawan please follow farm fresh, boycotts may last for years
1 week ago
I walked through starbuck just now and have a check, it is 2 tables occupied....
Boycott is true and not joke which i was wrong
1 week ago
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.
5 days ago
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
1 day ago
Good123
Trading at 51.1% below our estimate of its fair value
1 month ago