Actually food is an essential item , especially the world is facing shortage now and may be worst in coming months when Winter Season approaching in Western countries.
See also how Malaysian Budget 2023 mentioned food security and the huge amount allocated for this purpose.
You are saying Kawan Food will go banklap? You are saying shortage of food rite? shortage of food => no food no food => no freezing no freezing => no sales no sales => no money no money => Got Banklap
Thanks again !!!
such a kind soul ... chon99
Actually food is an essential item , especially the world is facing shortage now and may be worst in coming months when Winter Season approaching in Western countries.
See also how Malaysian Budget 2023 mentioned food security and the huge amount allocated for this purpose.
I concur with the view of the Hong Leong analyst who favours the consumer sector as one of the safer investment choices through Sin Chew Daily Press Business edition dated today 15-10-2022 (Saturday).
Kawan is within the Consumer Products and Services, Sub Sector : Food and Beverages.
The analyst is also of the view that after the election, the new Malaysian government will support the consumers' spending to bolster up the national economy.
Expand your Shares business footprint locally. Strengthens your shares working capitalism. Share Trade Financing #ForYou Broaden your share business with buy This Stock.
But I don't advise buying shares with borrowed money or with margin financing . Don't risk our lives with these type of dangerous debts which someone may not be to repay later. Many got burnt and cried mama, papa but ended up nobody can help.
Kawan Food will recover to its all time high. Just give it a couple of quarters. All these naysayers are short term traders who like to play companies like 7-Eleven and Ong Choo Meng's stock. Kawan Food is unlike these companies. The long term catalyst remains intact. This makes the company an attractive acquistion target by larger F&B players. No matter how bad the economy is, Kawan Food can still maintain competitive via pricing power.
This @cheeseburger is just trying to inverse me. Go ahead and inverse. We will come back after Q1 2023 earnings and see who will be right by then. Kawan Food is and will always be a cash cow
This company is currently trading at a ridiculous discount and institutional investors are ignoring it because Kawan Food is a favourite stock by retail investors ("dumb money"). Smart money is wrong about this stock
@wallstreetrookie, dont think yourself so big. There is no reason i want to inverse you. We all just want to make money in share market, there is no time to waste on small little thing that you think ppl is against you. If you think this stock will hit 3.50 then let it be. I can tell you the same as i dont think it will go so far. Fair speech ok? Buy at right time look at share price movement is the key to win in share market, my 2 cents to you. This is nothing to do with what the IB said or upgrade. If this is so true ppl just follow what the IB recommend will do there will be no loser in stock market.
if you look at the volume and trend, Kawan is on DOWN Trend. Look carefully and ask will you buy stock when is on down trend or shall you just buy when is on up trend?
@VTrade I don't know how many shares you are trying to dump for your client. As a market maker, with all due respect, stop playing Kawan. Go manipulate Power Root
This time, inflation will stay high for not just 1 -2 year. Inflation, including food prices, will stay high for the next 3 - 5 years. Consumer staples, which includes companies such as Apollo Food, Nestle, Kawan Food and Power Root will be able to weather the storm. Yet analysts still don't factor this into their assumptions, citing raw material costs blah blah blah. Kawan Food, Oriental Food and Power Root are all strong long term plays.
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....
wallstreetrookie
9,784 posts
Posted by wallstreetrookie > 2022-10-14 11:05 | Report Abuse
Etiqa, please buy more