hi chatterbox .. will hold till break 1.30 or 11 x P/E .... i will not sell now .. 1.16 is 52 weeks high , can go further .. hehee .. cuma takut dia balik tidur .. happy investing
chatterbox i have kawan and unimech ,both will consider sell above p/e 10 . tas ..good counter ,positive growth in oil and gas, i miss the boat , , dsc goreng counter , be careful , should hit and run .. hehee , happy trading
Hi guys, I wrote a research report on Kawan Food Berhad about 2 weeks ago. Anyway, I hope it's ok if I shared a link to my analysis here. Basically, I think the company has consistent decent returns on capital, a fortress balance sheet and reasonably valued. While the stock being at its highs makes me irrationally nervous, my analysis tells me that I'm getting good value (I could be wrong though).In the end I bought the stock as I think it should do ok over the long-term.
from my point of view, frozen food and delicacies is a good business in developing countries, as more ppl in the cities are working, ppl tend to be lazy to cook, therefore, microwave food might be a solution if eating might be too costly in the future. If u have been to overseas developed countries, u will notice that there are tons of processed/frozen food aisle. for example, UK, Australia, Russia... their supermarkets are well stocked with varieties of frozen food. My point is if u can look further into the future of what malaysia might be, it might help u to decide whether to invest long term in this stock :)
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....
negro
48 posts
Posted by negro > 2013-03-27 00:25 | Report Abuse
KAWAN!!!! Magnum 4D SECOND PRIZE TODAY!!!!! KAWAN oh KAWAN