KAWAN FOOD BHD

KLSE (MYR): KAWAN (7216)

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Last Price

1.82

Today's Change

0.00 (0.00%)

Day's Change

1.80 - 1.82

Trading Volume

316,700

Meeting


Ann. Date Date Time Type Venue View
Discussions
4 people like this. Showing 50 of 1,476 comments

Good123

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

1 month ago

Good123

Recent management updates

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

1 month 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.

1 month 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

1 month 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%

1 month 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

1 month 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. $$$$$$$$$$$$

1 month ago

Good123

Ex dividend date mar 20. Hurry up yah

1 month ago

Good123

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

1 month ago

Good123

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

1 month ago

SwingSOS

Makan roticanai, Beli Kawan!

1 month 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

4 weeks ago

RedOreo

Underlooked counter

3 weeks ago

Good123

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

3 weeks ago

Good123

uptredn4 kawan... 1.83 already

3 weeks ago

Good123

BILA DALAM RADAR, BALIK rm2 TO RM3 HEHE

@RedOreo

Underlooked counter

1 day ago

3 weeks ago

Good123

above RM2 soon hehe

3 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!

2 weeks ago

Good123

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

2 weeks ago

Good123

mau balik RM2-Rm3 kot? wait n see ya

2 weeks 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

2 weeks ago

Good123

kawan UP 1.84 now

2 weeks 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

2 weeks 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

2 weeks 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.

1 week ago

SwingSOS

slowly climb back above rm2

1 week ago

Good123

Up trend, add some hehe

6 days ago

Good123

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

6 days ago

Good123

Do your own study :)

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.

63.2%
Undervalued
Current Price
RM1.84
Fair Value
RM5.01
20% Undervalued
About Right
20% Overvalued
Data
Learn

Below Fair Value: KAWAN (MYR1.82) is trading below our estimate of fair value (MYR5.01)

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

3 days 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 (11.6% per year).

3 days ago

Good123

Revenue vs Market: KAWAN's revenue (8.2% per year) is forecast to grow faster than the MY market (5.8% per year).

3 days ago

Good123

Future ROE (3yrs)
Company 11.0%
Industry 7.4%

3 days ago

Good123

Quality Earnings: KAWAN has high quality earnings.

3 days ago

Good123

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

3 days ago

Good123

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.

3 days 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

3 days 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).

3 days 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).

3 days 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.

3 days ago

Good123

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.

3 days ago

Good123

7.1yrs

Average Tenure
53yo

Average Age
Experienced Management: KAWAN's management team is seasoned and experienced (7.1 years average tenure).

3 days ago

Good123

Ownership Breakdown
General Public 19.3%
67,578,869 shares
Individual Insiders 34.3%
119,896,877 shares
Institutions 46.4%
161,979,134 shares

3 days ago

Good123

Top 24 shareholders own 80.66% of the company
Ownership Name Shares Current Value Change % Portfolio %
36.1%
Gfg Foundation, Endowment Arm 126,257,402 RM229.8m 0% no data
17.7%
Nareshchandra Nagrecha 62,001,200 RM112.8m -13.9% no data
7.29%
Thiam Gan 25,490,799 RM46.4m 0.07% no data
5.57%
Public Mutual Bhd. 19,454,899 RM35.4m 0% 0.22%
2.9%
Hun Soon Lim 10,137,028 RM18.4m 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 RM8.6m 0% 0.01%
1.32%
Chung-Chen Wu 4,626,000 RM8.4m 0% no data
1.05%
Eastspring Investments (Singapore) Limited 3,667,400 RM6.7m 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
0.75%
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% 0.62%
0.59%
Kah Yin Yoong 2,070,000 RM3.8m 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 RM2.4m 0% 1.11%
0.15%
RHB Asset Management Sdn Bhd 516,100 RM939.3k 0% 0.07%
0.066%
BOS Wealth Management Malaysia Bhd. 230,700 RM419.9k 0% 0.25%
0.048%
SEI Investments Company 166,200 RM302.5k 0% no data
0.038%
Acadian Asset Management LLC 132,700 RM241.5k 0% no data
0.035%
Ka Gan 121,220 RM220.6k 0% no data
0.029%
Fidelity International Ltd 99,600 RM181.3k 0% no data
0.022%
Amanah Raya Investment Management Sdn Bhd 78,000 RM142.0k 0% 0.05%

3 days ago

Good123

Key Information
KAWAN logo
Name: Kawan Food Berhad
Ticker: KAWAN
Exchange: KLSE
Founded: 1960
Industry: Packaged Foods and Meats
Sector: Food, Beverage & Tobacco
Market Cap: RM636.008m
Shares Outstanding: 349.45m
Website: https://www.kawanfood.com

3 days ago

Good123

Kawan Food Berhad, a company specializing in frozen food, has shown remarkable growth due to several key factors:

1. **Product Quality and Range**: Kawan Food Berhad offers a wide array of high-quality Asian delicacies that appeal to a global market. Their commitment to authentic and affordable products has helped them establish a strong presence in the frozen food industry¹.

2. **Innovative Manufacturing**: The company operates out of a state-of-the-art factory in Pulau Indah, Klang, which allows for efficient production and innovation in their product lines¹.

3. **Market Expansion**: Kawan Food Berhad has been successful in expanding its geographical footprint. They have managed to penetrate new markets, including South America, contributing to their growth⁵.

4. **Consumer Preferences**: There has been a shift in consumer preference towards convenient and longer shelf-life food items, especially due to the Covid-19 pandemic. This trend has favored the demand for Kawan Food Berhad's frozen products⁴.

5. **Financial Management**: The company's financial strategies, including adjustments in selling prices and achieving greater economies of scale, have been pivotal in improving margins and sustaining growth³.

These factors combined have contributed to Kawan Food Berhad's continued growth in the competitive food industry.

$$$$$

1 day ago

Good123

share buyback macam alibaba, tencent, etc :)

Wednesday, 17 Apr 2024
5:56PM
KAWAN 33,000 shares purchased into treasury
Tuesday, 16 Apr 2024
5:48PM
KAWAN 70,900 shares purchased into treasury
Monday, 15 Apr 2024
5:54PM
KAWAN 105,600 shares purchased into treasury
Friday, 12 Apr 2024
5:48PM
KAWAN 100,000 shares purchased into treasury
Tuesday, 9 Apr 2024
5:08PM
KAWAN 191,800 shares purchased into treasury
5:07PM
KAWAN 425,300 shares purchased into treasury
Monday, 8 Apr 2024
5:33PM
KAWAN 93,700 shares purchased into treasury
Friday, 5 Apr 2024
5:44PM
KAWAN 118,100 shares purchased into treasury
Thursday, 4 Apr 2024
5:44PM
KAWAN 50,600 shares purchased into treasury
Wednesday, 3 Apr 2024
5:40PM
KAWAN 103,900 shares purchased into treasury
Tuesday, 2 Apr 2024
5:43PM
KAWAN 59,000 shares purchased into treasury

23 hours ago

Good123

increase share buyback + dividend payout = share price UP....

23 hours ago

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