Tiada negara gaza ataupun palestin dalam sejarah.. sejarah israel adalah beribu-ribu tahun. agak mustahil israel setuju kecuali hamas dihapuskan, dll.

@LaoHaidi

They established some conditions also, one of which was that they wanted Israel to recognize Gaza as a country

22 hours ago

#######

Asal usul Yahudi tradisinya bertarikh sekitar alaf kedua SME kepada patriakh, Abraham, Isaac dan Jacob. Stala Merneptah, bertarikh 1200 SME, adalah salah satu dari rekod arkeologikan terawal dari orang Yahudi di Tanah Israel, dimana agama Yahudi, satu agama monotheisme dibangunkan. Menurut pada akaun Biblikal, orang Yahudi menikmati tempoh keazaman-sendiri pertama dibawah kehakiman Biblikal dari Othniel melalui Samson, kemudian pada (c. 1000an SME), Raja David mendirikan Baitulmaqdis sebagai ibu kota dari Negeri Kerajaan Kesatuan Israel dan Judah (Kesatuan Monarki) dan dari sana memerintahnya Duabelas Suku Israel.


Pembinaan semula perincian awal dari Kuil Sulaiman.
Pada 970 SME, anak lelaki David, Solomon menjadi raja Israel. [12] Kurang dari sedekad, Solomon mula membina Kuil Suci yang dikenali sebagai Kuil Pertama. Selepas kematian Solomon (c. 930 SME), sepuluh suku utara berpisah membentuk Kerajaan Israel. PAda 722 SME orang Assyria menakluk Kerajaan Israel dan mengusir Yahudinya yang bermulanya diaspora Yahudi.

Tempoh Kuil Pertama berakhir sekitar 586 SME setelah orang Babylonia menakluk Tanah Israel dan memusnahkan Kuil Yahudi. Pada 538 SME, selepas lima puluh tahun dari tawanan Babylonia, Raja Parsi Cyrus si Agung membenarkan orang Yahudi kembali membina semula Baitulmaqdis dan kuil suci. Pembinaan Kuil Kedua, telah siap pada 516 SME semasa pemerintahan Darius si Agung selama tujuh puluh tahun selepas kemusnahan Kuil Pertama. [13][14] Apabila Iskandar Agung menakluk Empayar Parsi, Tanah Israel jatuh dibawah kawalan Greek Hellenistik, akhirnya jatuh kepada dinasti Ptolemaik yang hilangnya kepada Seleucids. Cubaan Seleucid untuk tebar semula Baitulmaqdis sebagai polis dihelleniskan datang kepada utama pada 168 SME dengan kejayaan pemberontakan Maccabean dari Mattathias si Paderi Tinggi dan anak lelakinya terhadap Antiochus Epiphanes, dan pengasasan mereka dari Kerajaan Hasmonean pada 152 SME dengan Baitulmaqdis sekali lagi sebagai ibukotanya. [15] Kerajaan Hasmonean bertahan selama seratus tahun kemudian setelah Rom menjadi lebih kuat ia melantik Herod sebagai raja pelanggan Yahudi. Kerajaan Herod juga bertahan selama seratus tahun. Kekalahan oleh orang Yahudi pada pemberontakan Pertama pada 70 EL, yang pertama dari Perang Yahudi-Rom dan Pemberontakan Bar Kochba pada 135 EL yang penting menyumbang kepada bilangan dan geografi dan diaspora, laksana bilangan penting populasi Yahudi dari Tanah Israel telah diusir dan dijual kepada perhambaan sepanjang Empayar Rom. Sejak itu, orang Yahudi telah hidup di hampir setiap negara di dunia, terutamnya di Eropah dan Timur Tengah lebih unggul, terselamat dari diskriminasi, penindasan, kemiskinan, dan malah pembunuhan kaum (lihat:anti-Semitisme, Holokus), dengan tempoh kadangkala dari kebudayaan, ekonomik, dan kemajuan individu di berbagai lokasi (seperti Sepanyol, Portugal, Jerman, Poland dan Amerika Syarikat).

Hingga lewat abad ke-18, istilah Yahudi dan penganut Yahudi telah praktikalnya sinonim, dan agama Yahudi adalah ikatan prima dari orang Yahudi tanpa mengira darjat keanutan. Berikutan Zaman Enlightenment dan saudara Yahudinya Haskalah, satu transformasi beransur berlaku semasa dimana ramai Yahudi datang dilihat menjadi satu ahli dari bangsa Yahudi sebagaimana terpisah dari menganuti kepada keimanan Yahudi.

Kata nama Ibrani "Yehudi" (plural Yehudim) asalnya dirujuk kepada suku Judah. [16] Kemudian, apabila Kerajaan Israel Utara berpisah dari Kerajaan Israel Selatan, Kerajaan Israel Selatan mula merujuk dirinya dengan nama dari suku pradominannya, atau sebagai Kerajaan Judah. Istilah ini asalnya dirujuk kepada orang dari kerajaan selatan, walaupun istilah B'nei Yisrael (Bani Israel) telah masih digunakan untuk kedua-dua kumpulan. Selepas orang Assyria menakluk kerajaan utara meninggalkan kerajaan selatan sebagai satu-satunya negeri Bani Israel, kata Yehudim beransur datang merujuk pada orang dari keimanan Yahudi sebagai seluruh, berbanding dari yang spesifiknya dari suku atau Kerajaan Judah. Kata Inggeris Jew unggulnya dipemerolehan dari Yehudi. kegunaan pertamanya dalam Injil untuk merujuk kepada orang Yahudi sebagai seluruh berada dalam Kitab Esther.

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

direct biz transactions tak pernah below 50sen since IPO... :)

History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
14/10/2022 00:00:00 0.6400 - 204,400 204,400 130,816 130,816 0.6400 0.0136 -
13/10/2022 00:00:00 0.6450 - 476,900 476,900 307,601 307,601 0.6450 0.0318 -
30/08/2022 00:00:00 0.6900 -0.0300 800,000 800,000 552,000 552,000 0.6900 0.0533 -
28/07/2022 00:00:00 0.6200 0.0250 880,400 880,400 545,848 545,848 0.6200 0.0587 -
27/07/2022 00:00:00 0.6250 0.0400 860,000 860,000 537,500 537,500 0.6250 0.0573 -
25/07/2022 00:00:00 0.6300 0.0250 1.725m 1.725m 1.087m 1.087m 0.6300 0.1150 -
07/07/2022 00:00:00 0.5650 -0.0300 1.725m 1.725m 974,851 974,851 0.5650 0.1150 -
05/07/2022 00:00:00 0.5700 -0.0550 1.740m 1.740m 991,800 991,800 0.5700 0.1160 -
28/06/2022 00:00:00 0.6000 -0.0300 47,000 47,000 28,200 28,200 0.6000 0.0031 -
27/06/2022 00:00:00 0.6000 -0.0050 17,000 17,000 10,200 10,200 0.6000 0.0011 -
15/06/2022 00:00:00 0.5900 -0.0200 1.629m 1.629m 961,346 961,346 0.5900 0.1086 -
20/05/2022 00:00:00 0.8000 -0.0050 10,000 10,000 8,000 8,000 0.8000 0.0007 -
13/05/2022 00:00:00 0.8000 0.0050 10,000 10,000 8,000 8,000 0.8000 0.0007 -
27/04/2022 00:00:00 0.7000 -0.1450 111,000 111,000 77,700 77,700 0.7000 0.0074 -
26/04/2022 00:00:00 0.8000 -0.0500 145,800 145,800 116,640 116,640 0.8000 0.0097 -
03/03/2022 00:00:00 0.8400 -0.0100 45,800 1.602m 38,472 1.265m 0.7898 0.0031 -
03/03/2022 00:00:00 0.8400 -0.0100 151,400 1.602m 127,176 1.265m 0.7898 0.0101 -
03/03/2022 00:00:00 0.8400 -0.0100 66,200 1.602m 55,608 1.265m 0.7898 0.0044 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 62,800 1.602m 52,752 1.265m 0.7898 0.0042 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 62,300 1.602m 52,332 1.265m 0.7898 0.0042 -
03/03/2022 00:00:00 0.8400 -0.0100 40,000 1.602m 33,600 1.265m 0.7898 0.0027 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 40,000 1.602m 33,600 1.265m 0.7898 0.0027 -
03/03/2022 00:00:00 0.8400 -0.0100 58,300 1.602m 48,972 1.265m 0.7898 0.0039 -
03/03/2022 00:00:00 0.8400 -0.0100 150,000 1.602m 126,000 1.265m 0.7898 0.0100 -
03/03/2022 00:00:00 0.7000 -0.1500 429,000 1.602m 300,300 1.265m 0.7898 0.0286 -
03/03/2022 00:00:00 0.7000 -0.1500 145,800 1.602m 102,060 1.265m 0.7898 0.0097 -
25/01/2022 00:00:00 0.9000 -0.1700 200,000 200,000 180,000 180,000 0.9000 0.0133 -
Summary from 25/01/2022 to 14/10/2022
Highest Price 0.9000 First Occurred on 25/01/2022
Lowest Price 0.5650 First Occurred on 07/07/2022
Highest Volume 1.740m First Occurred on 05/07/2022

They might be grabbing more and more senheng shares at bottomed out price now. good rebound is expected... price was bottomed out at 29sen during the last 2 trading days. Be observant, yah! good luck$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$


CIMB Group Holdings Berhad, Asset Management Arm 20,000,000 RM5.9m 0% 0.45%
1.3%
Eastspring Investments (Singapore) Limited 19,518,300 RM5.8m 0% 0.01%
1.1%
Employees Provident Fund of Malaysia 16,567,600 RM4.9m 0% no data
0.74%
Norges Bank Investment Management 11,148,800 RM3.3m 0% no data
0.62%
Great Eastern Life Assurance (Malaysia) Berhad, Insurance Investments 9,368,700 RM2.8m 0% 0.03%
0.53%
Yayasan Islam Terengganu, Endowment arm 8,000,000 RM2.4m 0% 4.08%
0.42%
PHEIM Asset Management Sdn Bhd 6,281,300 RM1.9m 0% 0.96%
0.33%
Majlis Agama Islam Negeri Sembilan 5,000,000 RM1.5m 0% no data
0.32%
Lembaga Tabung Haji, Endowment Arm 4,758,500 RM1.4m 0% 0.01%
0.2%
Kumpulan Wang Persaraan 2,378,700 RM701.7k 0% no data
0.13%
CVC Capital Partners Limited 1,934,500 RM570.7k 0% no data
0.067%
Daiwa Asset Management Co., Ltd. 998,600 RM294.6k 0% no data
0.016%

probably institutional investors or fund houses increase their stake in senheng, ringgit cost averaging method :)

Bottomed out at 29sen... any quantity at 29sen during the last 2 days, disapu bersih...

2024-03-18 0.29 0.295 0.285 0.29 0.00 (0.00%) 1,969,300
2024-03-15 0.295 0.295 0.29 0.29 -0.005 (1.694%) 3,673,000
2024-03-14 0.29 0.295 0.29 0.295 +0.005 (1.724%) 579,000
2024-03-13 0.30 0.30 0.285 0.29 -0.005 (1.694%) 2,074,900
2024-03-12 0.30 0.30 0.285 0.295 -0.005 (1.666%) 2,179,900
2024-03-11 0.295 0.30 0.29 0.30 0.00 (0.00%) 1,405,800
2024-03-08 0.295 0.30 0.29 0.30 0.00 (0.00%) 1,453,100
2024-03-07 0.295 0.30 0.29 0.30 +0.005 (1.694%) 1,761,500

Ex dividend date mar 20. Hurry up yah

Fundamental analysis is key for senheng.

Time to rebound, greatly undervalued

The top 25 shareholders own 82.76% of the company. Real free float is probably more like 17% or so, so when the buying confidence comes back, the share price should be relatively easy to increase significantly.

Hopefully, some fund houses will increase their stakes in senheng to perform bottom fishing as the price has bottomed out :) IPO RM1.07 -> 28.5sen, now at 29-29.5sen

Top Shareholders
Top 25 shareholders own 82.76% of the company
Ownership Name Shares Current Value Change % Portfolio %
58%
Sq Digital Sdn Bhd 869,600,000 RM256.5m 0% no data
5.68%
Kim Heng Lim 85,155,600 RM25.1m 0% no data
5.53%
Kim Chieng Lim 82,990,600 RM24.5m 0% no data
5.42%
Kim Yew Lim 81,300,000 RM24.0m 0% no data
1.33%
CIMB Group Holdings Berhad, Asset Management Arm 20,000,000 RM5.9m 0% 0.45%
1.3%
Eastspring Investments (Singapore) Limited 19,518,300 RM5.8m 0% 0.01%
1.1%
Employees Provident Fund of Malaysia 16,567,600 RM4.9m 0% no data
0.74%
Norges Bank Investment Management 11,148,800 RM3.3m 0% no data
0.62%
Great Eastern Life Assurance (Malaysia) Berhad, Insurance Investments 9,368,700 RM2.8m 0% 0.03%
0.53%
Yayasan Islam Terengganu, Endowment arm 8,000,000 RM2.4m 0% 4.08%
0.42%
PHEIM Asset Management Sdn Bhd 6,281,300 RM1.9m 0% 0.96%
0.33%
Majlis Agama Islam Negeri Sembilan 5,000,000 RM1.5m 0% no data
0.32%
Lembaga Tabung Haji, Endowment Arm 4,758,500 RM1.4m 0% 0.01%
0.2%
Kuan Weng Chin 3,002,100 RM885.6k 0% no data
0.2%
Kam Sun Shin 3,000,000 RM885.0k 0% no data
0.16%
Kumpulan Wang Persaraan 2,378,700 RM701.7k 0% no data
0.13%
Wee Chai Lim 2,000,000 RM590.0k 0% no data
0.13%
Seong Pow Chia 2,000,000 RM590.0k 0% no data
0.13%
Choon Lian Kuan 2,000,000 RM590.0k 0% no data
0.13%
Dzuhairi Bin Jaafar Thani 1,963,800 RM579.3k 0% no data
0.13%
Mediliance (M) Sdn. Bhd. 1,940,000 RM572.3k 0% no data
0.13%
CVC Capital Partners Limited 1,934,500 RM570.7k 0% no data
0.067%
Daiwa Asset Management Co., Ltd. 998,600 RM294.6k 0% no data
0.016%
Ler Tan 240,000 RM70.8k 0% no data
0.016%
Kim Ho 240,000 RM70.8k 0% no data

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. $$$$$$$$$$$$

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. $$$$$$$$$$$$

Hamas arab, bukan lawan israel, bodoh punya terrorists :) Dah mau mintak ceasefire dengan israel dan berdamai kononnya. dah kecut kini hahaha

@EngineeringProfit

With the latest nvidia tech called israel-1, all defense, locking target & attack are fully operated and controlled by AI

3 hours ago

Bang, diff industries. Also unfair to evaluate senheng based on its performance during the pandemic and even 2023-24, consumers are adjusting spending due to change of econ policies, etc. Fairer to invest for 3-5 years from now. Assess senheng's performance from 2025 to 2027 hehe

@aft7753

Unique listed on 05-08-2022 PE @ 15

20-02-2024 1 warrant for every 2 existing ordinary shares of Unique

0.5 cent dividend on 12-07-2023

0.6 cent dividend on 23-01-2024


Senheng listed on 25-01-2022 PE @ 17

1.3 cent dividend on 11-04-2022

0.5 cent dividend on 26-09-2022

0.7 cent dividend on 26-05-2023

?? cent dividend on 2024 ??? April ? Or May ?

6 hours ago

GRAB has acquired jaya grocer, maybe, at dirt cheap price now, GRAB might acquire senheng from the founder. GRAB & Senheng have synergy, grab has a digital bank to finance purchases and delivery / logistics means for all customers of senheng... wait n see.

Israel menyerang hamas Arab dengan bersungguh-sungguh, betapa hebat Dan kuat. Hehe

Devastation in Gaza as Israel wages war on Hamas
By Kathleen Magramo, Sophie Tanno, Adrienne Vogt, Leinz Vales, Aditi Sangal, Tori B. Powell and Elise Hammond, CNN
Updated 9:54 PM ET, Fri March 15, 2024

RSI(14) Neutral 35.6
Stochastic(14) Oversold 20.0
Average Volume (3M) 1,216,800
Relative Volume 3.0

29sen cleared, back to above 30sen next week. Be patient ya!

Don't think so. Rather use it to pay cash dividend as fund mgmt unit trusts companies are holding the shares. 1.5bil shares issued , enough for trading etc.

@aft7753

Very cheap price at 0.29 !

Can Senheng gives bonus issue with its available reserves ???

1 hour ago

Bagus, Arab countries took action against hamas terrorists hehe

Qatar emir proposed expelling Hamas officials in meet with Blinken days after Oct. 7
US diplomat told Thani that Doha should use its sway with terror group to free hostages in short term, but it wouldn’t be ‘business as usual’ for Hamas after war, officials tell ToI
By JACOB MAGID FOLLOW
14 Mar 2024, 3:02 pm

Yahudi the strongest & blessed hehe

Reports: Ministers told signs point to successful hit on Hamas number 3 Marwan Issa
Security cabinet informed evidence piling up that top commander is dead after Gaza strike, though terror group has yet to comment
By TOI STAFF
16 Mar 2024, 12:01 am

Dirt cheap price, maybe founder may take it private

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

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%

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

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.

Recent management updates

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

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

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

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.

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%

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).

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).

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

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

ROCE
Last Year 6.1%
3 Years Ago 8.8%

ROA
Company 6.6%
Industry 5.5%

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

Quality Earnings: KAWAN has high quality earnings.

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

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).

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%.

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

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%

Name: Senheng New Retail Berhad
Ticker: SENHENG
Exchange: KLSE
Founded: 1989
Industry: Computer and Electronics Retail
Sector: Retail
Market Cap: RM442.500m
Shares Outstanding: 1.50b
Website: https://www.senheng.com

Top Shareholders
Top 25 shareholders own 82.76% of the company
Ownership Name Shares Current Value Change % Portfolio %
58%
Sq Digital Sdn Bhd 869,600,000 RM256.5m 0% no data
5.68%
Kim Heng Lim 85,155,600 RM25.1m 0% no data
5.53%
Kim Chieng Lim 82,990,600 RM24.5m 0% no data
5.42%
Kim Yew Lim 81,300,000 RM24.0m 0% no data
1.33%
CIMB Group Holdings Berhad, Asset Management Arm 20,000,000 RM5.9m 0% 0.45%
1.3%
Eastspring Investments (Singapore) Limited 19,518,300 RM5.8m 0% 0.01%
1.1%
Employees Provident Fund of Malaysia 16,567,600 RM4.9m 0% no data
0.74%
Norges Bank Investment Management 11,148,800 RM3.3m 0% no data
0.62%
Great Eastern Life Assurance (Malaysia) Berhad, Insurance Investments 9,368,700 RM2.8m 0% 0.03%
0.53%
Yayasan Islam Terengganu, Endowment arm 8,000,000 RM2.4m 0% 4.08%
0.42%
PHEIM Asset Management Sdn Bhd 6,281,300 RM1.9m 0% 0.96%
0.33%
Majlis Agama Islam Negeri Sembilan 5,000,000 RM1.5m 0% no data
0.32%
Lembaga Tabung Haji, Endowment Arm 4,758,500 RM1.4m 0% 0.01%
0.2%
Kuan Weng Chin 3,002,100 RM885.6k 0% no data
0.2%
Kam Sun Shin 3,000,000 RM885.0k 0% no data
0.16%
Kumpulan Wang Persaraan 2,378,700 RM701.7k 0% no data
0.13%
Wee Chai Lim 2,000,000 RM590.0k 0% no data
0.13%
Seong Pow Chia 2,000,000 RM590.0k 0% no data
0.13%
Choon Lian Kuan 2,000,000 RM590.0k 0% no data
0.13%
Dzuhairi Bin Jaafar Thani 1,963,800 RM579.3k 0% no data
0.13%
Mediliance (M) Sdn. Bhd. 1,940,000 RM572.3k 0% no data
0.13%
CVC Capital Partners Limited 1,934,500 RM570.7k 0% no data
0.067%
Daiwa Asset Management Co., Ltd. 998,600 RM294.6k 0% no data
0.016%
Ler Tan 240,000 RM70.8k 0% no data
0.016%
Kim Ho 240,000 RM70.8k 0% no data

Ownership Breakdown
Institutions 6.73%
100,955,000 shares
General Public 17.2%
258,132,900 shares
Individual Insiders 17.6%
264,372,100 shares
Private Companies 58.4%
876,540,000 shares

Key information
4.7%

Dividend yield

27%

Payout ratio

Industry average yield 3.7%
Next dividend pay date n/a
Ex dividend date n/a
Dividend per share RM0.014
Earnings per share RM0.017
Dividend yield forecast in 3Y 4.7%

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

Reducing Debt: SENHENG's debt to equity ratio has reduced from 19.3% to 13.1% over the past 5 years.

Debt Coverage: SENHENG's debt is well covered by operating cash flow (22%).

Interest Coverage: SENHENG earns more interest than it pays, so coverage of interest payments is not a concern.

Short Term Liabilities: SENHENG's short term assets (MYR509.0M) exceed its short term liabilities (MYR246.6M).

Long Term Liabilities: SENHENG's short term assets (MYR509.0M) exceed its long term liabilities (MYR107.1M).