warren buffett , mgmt terpenting... mgmt p@kim@k, usah sentuh

reputasi dah koyak... trust is gone... kantoi selamanya

cuci duit dan money laundering kan? siasat, Sc tolong siasat

under geng tangan ghaib, cheetah dah balik holland kini kesian

fraud ka? selalu receievables write off as bad debts kan? call for special audit,,,, fraud in approving credit limit to puak2 tertentu ka?

The Group recorded loss after tax of RM4.31 million as compared to the immediate preceding quarter’s loss
after tax of RM5.89 million due to impairment on other investment, impairment loss on trade and other
receivables and higher tax expense in the preceeding quarter.

The Group recorded loss after tax of RM4.31 million as compared to the immediate preceding quarter’s loss
after tax of RM5.89 million due to impairment on other investment, impairment loss on trade and other
receivables and higher tax expense in the preceeding quarter.

KUALA LUMPUR (Nov 27): Integrated environmental solutions provider Progressive Impact Corp Bhd has secured a contract from Indonesian state-owned energy company Pertamina Hulu Rokan to provide environmental sampling and laboratory analysis services for 52.53 billion Indonesian rupiah (RM15.73 million).

In a filing with Bursa Malaysia on Monday, Progressive Impact said its subsidiary PT ALS had entered into a contract dated July 12, 2023 with Pertamina Hulu Rokan for the three-year job, which commenced on July 14, 2023.

It said the contract is a continuation of the existing business that PT ALS has with Pertamina Hulu Rokan, and serves as an expansion of its business into the Indonesian market.

"The Pertamina Hulu Rokan project will have a wider positive impact in Indonesia. In the future, Pertamina Hulu Rokan is expected to become one of the main oil and gas producers in Indonesia, contributing to meeting national energy needs," it said.

On Monday's market close, Progressive Impact's shares were unchanged at 8.5 sen, with a market capitalisation of RM52.82 million.

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

Terbaik



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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)

Live Data: OFF
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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
Market Buzz

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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.

Accumulate in stages till next year

Ramai masak kat rumah kini

Frozen Halal foods ... kawan balik rm2++

kawan food bhd... nampaknya berpotensi tak terhingga... have a look ya :)

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

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

wars wartime, halal frozen foods from KAWAN can be exported to war zones in the middle east

Picorp dah ada subsi kat Saudi. :)


HLIB Research said Dnex is actively looking for avenues to expand its information technology business by tapping its experience and expertise in serving the public sector in Malaysia.

PETALING JAYA: Hong Leong Investment Bank (HLIB) Research says it is mildly positive on Dagang Nexchange Bhd’s (Dnex) venture into the Middle East and North Africa (Mena) region by leveraging technology solutions from China and Saudi Arabia.

The research house said Dnex is actively looking for avenues to expand its information technology business by tapping its experience and expertise in serving the public sector in Malaysia.

Should the venture come to fruition, Dnex will predominantly be responsible for providing the technical know-how and providing information and communication technology (ICT) infrastructures and subsequent maintenance works.

“We revamped our model and reintroduced our 18-month financial year 2023 (FY23), FY24 and FY25 forecasts at RM160.6mil, RM145.2mil and RM179mil, respectively.

“We have also not imputed this development into our forecasts until some contract wins are announced,” HLIB Research said in a report yesterday.

Dnex recently announced that it had entered into a joint-venture (JV) agreement with Zhongheguoji Construction Group Co Ltd (CSI) to set up a JV enterprise (China JVE) to provide licenses and/or services to Chinese and international customers.

The JVE also allows Dnex to access technology and solutions from China in areas of smart city and artificial intelligence, among others.

The registered capital of the JVE amounts to 20 million yuan (RM13mil) and will be funded by internally generated funds. Dnex would hold a 60% stake in China JVE, while CSI would own the balance of 40%.

Recall that Dnex and Ajlan and Bros Holding Group previously signed a JV agreement in March this year to form an equally-owned JV (KSA JV) to carry out systems integration in smart cities and large enterprise projects in the Mena region.

The newly formed JV agreement with CSI and the collaboration agreement between both JVs to be incorporated mark a continuation of Dnex’s venture into the Mena region by leveraging technology solutions from China and Ajlan and Bros’ access to the region.

HLIB Research noted that this venture is in conjunction with the objectives of Saudi Vision 2030.

This is the kingdom’s aim to implement smart-city projects across cities such as Makkah, Riyadh, Jeddah, Al-Madinah and Al-Ahsa, allowing Dnex to ride on the growing ICT spending in years to come from the kingdom.

banyak projek di timur tengah nanti... peperangan membawa kemusnahan... pencemaran udara, dll... baik bagi picorp

balik 35sen macam dlm bulan feb tahun ni kan? haha

15-20sen.. banyak pencemaran di timur tengah, terutamanya Gaza.. projek2 bagi picorp otw

Up3.. inflation.n wars, masak sendiri.. more demand for kawan products

15-20sen easily reached

Gaza makin Hancur, best untuk picorp.. banyak projek kelak

Ringgit falls to 25-year low, the worst performer in Asia after yen this year
By Marcus Wong / Bloomberg

www.bharian.com.my/bisnes/pasaran/2023/10/1165682/pelabur-asing-beli-semula-saham-di-bursa-malaysia

https://www.bharian.com.my/bisnes/pasaran/2023/10/1165682/pelabur-asing-beli-semula-saham-di-bursa-malaysia

Good morning 🌻

*Budget 2024: Fiscal Reforms Unfolding*

- Key Takes for Budget 2024: slightly expansionary (after stripping out hefty 1MDB bond redemption in 2023), SST raised to 8% fr 6% alongside introductions of various new taxes (capital gains taxes, luxury taxes), 4.3% fiscal deficit (2023e: 5.0%), significantly lower subsidy and dividend contribution from Petronas (refer to )
- *While Budget 2024 is not particularly exciting for equities, being fiscal reform-centric and lacking details on incentives for businesses (NIMP 2030, MM2H), we maintain our view for FBMKLCI to close the year higher (target 1,540), driven by external optimism and events unfolding beyond Budget
- Fiscal reforms support our view for the ringgit to eventually appreciate
- Externally, equity markets should by year-end partly price in easing global inflation pressures and interest rate downcycle, semiconductor cycle recovery, and some economic recovery in China
- *Domestically, in Oct we look forward to the Malaysia-Singapore leader’s retreat (deciding on Special Economic Zone detail in Johor) and council of rulers meeting (likely appointment of Agong), and significant earnings recovery in 2023

*Implications/Opportunities of Budget*

- a) Slower domestic consumption, although there are mitigating factors
- b) Iskandar 2.0 investment theme to be catalyzed by aforementioned events expected in Oct, although the Budget touched on only the loosening of MM2H criteria
- c) Mega projects beneficiaries (refer to Construction sector comments)
- d) Sin sector: No new indirect taxes, so expect gradual recoveries of gaming companies
- e) Chicken Run? Uplifting of price controls for chicken & egg could re-rate some low PE stocks (eg CAB – refer to selective peer comparison)
- f) GST unlikely to be introduced in future years with the upsized SST.

Thanks.

https://theedgemalaysia.com/node/686158

Gaza kian Hanbury, banyak projek untuk picorp dijangkakan

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.

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

12-15sen target today, let's see later

Kawan should fly after the budget day... more people cook at home

10sen dah.... flying higher n higher

Pak arab akan sponsor pembersihan di gaza selepas pengeboman oleh Israel. More jobs 4picorp, tiada yg mustahil, good luck guys

Balik 20sen, lagi ramai kejar... bertenang ya

Banyak jobs kat timur tengah kelak, Gaza makin hancur

10sen dah.. mau balik 35sen kot

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."

Buy rate 100%

Another big push today kot

Kejap lagi 9.5sen clear...

$$$$$¥

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.

R u ready for war today? Picorp , flying higher n higher kembali 35sen bulan Feb 2023

> 10sen akan menjadi nyata today

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

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%

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https://corporateuntold.wordpress.com/2023/08/12/suruhanjaya-sekuriti-digesa-siasat-kenneth-vun-cuci-duit-haram-guna-syarikat-pasukhas-group-berhad/

https://corporateuntold.wordpress.com/2023/08/12/suruhanjaya-sekuriti-digesa-siasat-kenneth-vun-cuci-duit-haram-guna-syarikat-pasukhas-group-berhad/

https://corporateuntold.wordpress.com/2023/08/12/suruhanjaya-sekuriti-digesa-siasat-kenneth-vun-cuci-duit-haram-guna-syarikat-pasukhas-group-berhad/