IB gave TP 1.3. Every1 waiting to sell at 1.2. U think shark will push up beyond 1 for u to take profit meh? Shark runs 1st lor. Look at all those national team run companies. All blow cow very good prospect but eventually turn in disspointing result. The most recent 1 is the return of sugar King Msm. Even they make it market also won't give high valuation bcoz market r more conservative when investing in this types of companies. CMSB, MSM all low PE. Chances r will remain low. I only buy at huge discount from IB TP.
Jan 24, 2022 2:12 PM | Report Abuse
Look at msm price pattern. I hope Dnex won't b Msm II
Jan 24, 2022 2:21 PM | Report Abuse
I think Foxconn doesn't care silterra profitable onot. They just want siltera production capacity.
Jan 24, 2022 2:22 PM | Report Abuse
Rather than building a foundry they just pump some money into it to secure the chips output.
Jan 24, 2022 2:23 PM | Report Abuse
how profitable is it is dependent to the management, which is the national team
Jan 24, 2022 4:45 PM | Report Abuse
Look at MSM. Same modus operandi
monetary Talk so much u got buy onot? Ppl who earned big r those who built foundation at 0.7x
CharlesT monetary buy more Dnex. from 75c to $1 now only start horse back cannon. lol! don't get trapped. G luck 22/01/2022 5:32 PM
monetary now i tell u my Dnex money will all in MPI at 35 18/02/2022 5:28 PM
Shameless Sohxi Monetary has been posting rubbish all the while talking bad on Dnex in Jan now suddenly claimed he made profit fm Dnex.....lol
Really worst piece of shit.....no die also no lan use.....
If u listen to all his Holland Tips u will die very fast
dah mau terbang ka? Strong demand a boon for Kawan TheStar Wed, May 25, 2022 12:00am - 12 hours
PETALING JAYA: Kawan Food Bhd is expected to be driven by the resilient demand for its products.
The company, which manufactures frozen food, can also benefit from greater efficiencies in the midst of the heightened inflationary environment economically.
Public Invest Research said its most recent reported first-quarter (1Q) results were in line with its and consensus expectations, and this had accounted for 23.1% and 20.3% of their forecasts, respectively.
The research house noted that Kawan’s valuation looked undemanding, as it was currently trading at a price-to-earnings ratio (PER) of 16 times, which is almost minus one standard deviation of its three-year historical average.
Kawan Food products Kawan Food products
“We are still positive on Kawan’s future outlook, which will be underpinned by strong demand for frozen food products and greater production efficiency to mitigate the impact on the rising raw material prices,” Public Invest Research said.
It has maintained its “outperform” call on the counter with a lower target price of RM2.50 from RM2.60 as it had lowered its PER multiple to 20 times from 25 times.
Meanwhile, CGS-CIMB said that it expects Kawan to post better earnings over the next nine months, especially in the second half of the 2022 year and this would be supported by by higher sales.
It also said that the company would benefit from strong demand while it had also secured more new export clients.
“Also, Kawan should benefit from raising its selling prices by up to 8% in 1Q. In our view, raising the selling prices should help to mitigate rising input costs which constituted about 45%-50% of total costs last year, further aided by better cost control,” CGS-CIMB said.
The research house is also expecting a new warehouse and facility to only begin operating in 1Q of next year.
“With the 1Q results in line with expectations, we reiterate our ‘add’ call and a target price of RM2.50 based on a 20 times 2023 forecast PER, which is a 40% discount to our 33.2 times 2023 forecast PER for the consumer sector,” CGS-CIMB said.
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS DURING CLOSED PERIOD KAWAN FOOD BERHAD
Subject Dealings During Closed Period Date of announcement made for "Intention to Deal During Closed Period" 26 Apr 2022
No Salutation Name Designation Description Of "Others" Designation 1 MR GAN THIAM CHAI Chairman & Executive Director Type of Transaction Acquired Description of "Others" Type of Transaction Date of Transaction 23 May 2022 Description of Securities Ordinary Shares (Direct Interest) No of Securities Transacted 6,600 % of Securities Transacted 0.002 Consideration Malaysian Ringgit (MYR) 1.650
Remarks : 1. The percentage of holdings is based on the total number of issued shares of 358,637,660 (excluding 882,100 Treasury Shares).
2. Deemed interested in the shares by virtue of Section 59 of the Companies Act 2016, held through his children, namely Gan Ka Hui and Gan Ka Ooi who holds 4,700,300 and 6,011,300 ordinary shares respectively, representing a total of 2.987% in the shareholdings of the Company.
As the Malaysia’s economy is keeping its solid momentum, assisted by the transition to the Endemic phase of Covid- 19, the Group has observed an encouraging rebound in export sales and uptrend sales in modern trade and HORECA. Ongoing raw material costs hike mainly due to the volatile global markets leads to the higher commodity price, the Group has initiated the hedging to key raw materials price that significantly mitigating the risk of margin erosion. The Group will continue to remain competitive and seek opportunities to grow its business. Despite the challenges on higher raw material prices, with the cash reserves that allow the Group to capitalise on suitable M&A opportunities, that will adequately support the expansion plans moving forward. The Group is expecting the issue of labor shortage to be resolved in Q2 by increasing the workforce capacity in 2022 in line with government policies. This in turn has provided the opportunity to generate higher revenue while at the same time would be able to drive the readiness to launch more new healthy food products such as plant-based meals. The Group continuously focuses in ensuring the operational efficiencies and cost optimization in our business. Adding to that, the implementation of Industry 4.0 in strategic phases has notably enhanced the production of output and manufacturing capability.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....