KAWAN FOOD BHD

KLSE (MYR): KAWAN (7216)

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Last Price

1.71

Today's Change

+0.01 (0.59%)

Day's Change

1.70 - 1.72

Trading Volume

286,600


4 people like this.

1,540 comment(s). Last comment by Good123 5 days ago

funda

484 posts

Posted by funda > 2016-02-29 20:37 | Report Abuse

Seem like kawan is highly influence by forex volatility...

CFTrader

812 posts

Posted by CFTrader > 2016-02-29 20:57 | Report Abuse

the forex loss was an unrealized loss thou.

CFTrader

812 posts

Posted by CFTrader > 2016-02-29 20:58 | Report Abuse

To me, as long it can sustain demand , and once the new factory finishes at March 16, if KAWAN able to pushes demand to new high, it will be another good growth story to realize.

funda

484 posts

Posted by funda > 2016-02-29 21:32 | Report Abuse

North America n Oceania revenue decrease, partly compensate by revenue increase in Malaysia.... Once the new factory in startup, they will be able to rent out part of the freezer as recurringincome.... look forward for next qtr result.

Posted by Ting Ley Yiew > 2016-03-01 09:06 | Report Abuse

Downtrend....

CFTrader

812 posts

Posted by CFTrader > 2016-03-01 10:01 | Report Abuse

looks like a lot of fella getting conned by the operator lulz....

goldenluck16

1,956 posts

Posted by goldenluck16 > 2016-03-01 18:07 | Report Abuse

Very strong rebound from today's low of 3.20

YK Tsong

168 posts

Posted by YK Tsong > 2016-03-01 19:38 | Report Abuse

g16-This friend very crazy one^=^

funda

484 posts

Posted by funda > 2016-03-01 19:58 | Report Abuse

Got many good friends to support the price, haha

YK Tsong

168 posts

Posted by YK Tsong > 2016-03-02 00:10 | Report Abuse

Kawan Food Hit by 4Q forex loss
CIMB

■ FY15 net profit in line with market expectations but below ours at 89% of our
forecast, mainly due to unexpected 4Q15 RM0.9m forex loss.

■ 2015 revenue growth mainly due to the stronger US$ as production was already
running at full capacity.

■ New plant in Pulau Indah able to triple total production capacity. Management
targets growth in the ready-to-eat (RTE) market.

■ New plant expected to be ready by mid-2016; plant completion was delayed by 2-3
months due to delay by the contractors.

■ Maintain Add and target price.4.48

FY15 net profit up 54% yoy

FY15 revenue was up 11% yoy, driven by stronger export sales, mainly in US$. FY15 net profit growth was up 54.6%, mainly due to greater economies of scale and forex gains. No final DPS was declared, in line with our expectations. Production growth was generally flat – we estimate only 3-4% growth – as its existing factories were already running at full capacity. In fact, we believe the company had to turn down new orders as it could not fulfil the orders. Turning down new orders is a good problem to have.

CFTrader

812 posts

Posted by CFTrader > 2016-03-02 09:18 | Report Abuse

let me send an email to KAWAN IR to inquire about some information

funda

484 posts

Posted by funda > 2016-03-02 14:49 | Report Abuse

good...remember to update here CFTrader

goldenluck16

1,956 posts

Posted by goldenluck16 > 2016-03-02 19:56 | Report Abuse

My Kawan is a strong and resilient counter . Nothing to worry...esp to ykt

YK Tsong

168 posts

Posted by YK Tsong > 2016-03-04 18:36 | Report Abuse

Give 2.5 sen minum kopi

cheeseburger

2,873 posts

Posted by cheeseburger > 2016-03-07 12:05 | Report Abuse

once the Pulau Indah plant ready by this year, they will strong rebound. Now already business too good cannot take order.

grace123

677 posts

Posted by grace123 > 2016-03-08 14:28 | Report Abuse

Warrant expires in Jul 2016.

CFTrader

812 posts

Posted by CFTrader > 2016-03-08 17:51 | Report Abuse

Hmm... they have no email for IR, so I contact them via Fb... but till date... no reply from them..

Posted by Chong Hua Rong > 2016-03-08 19:14 | Report Abuse

Based on the latest quater report, kawan already has RM63 million in hand, waiting to get extra RM46 million (money from remaining warrant that not yet convert). Kawan is expected to has RM109 million in hand after July. With 109 million, kawan can aggresively to expand and to buy the most advance food processing equipment to produce new kind of food to meet the demand of growing of the population from whole the world.

grace123

677 posts

Posted by grace123 > 2016-03-09 14:25 | Report Abuse

Mistake shd jual @ 3.90.

Posted by Mohd Fahmi Bin Jaes > 2016-03-09 14:28 | Report Abuse

late

grace123

677 posts

Posted by grace123 > 2016-03-10 11:20 | Report Abuse

bomoh target 4.50 ada hope lagi. Another push maybe 1 april........ kiki

funda

484 posts

Posted by funda > 2016-03-10 12:09 | Report Abuse

@CFTrader, you are right. only phone number available... I dont think their FB page will respond to these corporate topics, it meant for customer service than IR...

CFTrader

812 posts

Posted by CFTrader > 2016-03-19 00:37 | Report Abuse

please take note .. Ringgit is strengthening while KAWAN new factory production is not kicked in yet ... I expect a fair quarter for 1Q 2016 only....

goldenluck16

1,956 posts

Posted by goldenluck16 > 2016-03-21 21:22 | Report Abuse

Major shareholders may be accumulating the shares...strong buying interest in the afternoon.

funda

484 posts

Posted by funda > 2016-03-24 12:19 | Report Abuse

someone is collecting.....heavy volume in the morning../.

CFTrader

812 posts

Posted by CFTrader > 2016-03-26 10:40 | Report Abuse

Heavy DBT and Cross selling @ 3.45 to 3.55 area.
3m of share crossed at 3.50 area...
Think about the possibility..

grace123

677 posts

Posted by grace123 > 2016-03-30 10:59 | Report Abuse

Prepare for 2 gear now.

grace123

677 posts

Posted by grace123 > 2016-04-04 10:38 | Report Abuse

ayoh...

godlike

58 posts

Posted by godlike > 2016-04-08 09:59 | Report Abuse

something unusual, 5 mil shares in single trade??

YK Tsong

168 posts

Posted by YK Tsong > 2016-04-08 10:42 | Report Abuse

may be boss need Vitamin M to convert WA ma ^=^

lching

1,402 posts

Posted by lching > 2016-04-08 10:48 | Report Abuse

ya volume very unusual but no follower.

Posted by Chong Hua Rong > 2016-04-08 16:24 | Report Abuse

Just left 39.719 million wa to be convert that need RM36 million. The boss, Mr Gan already spent his entire life to grow his company through passing hard time and will not let their wa to be expired like that. The boss is work hard to improve company's cash in hand position. 100million is needed for capex soon.

Posted by Chong Hua Rong > 2016-04-08 16:26 | Report Abuse

Although kawan new factory is just built on land of 15 acres only, looks like very small. But bear in mind, dlady is just using two piece land which is total 10 acres only ,one land is for factory(8 acre) which is built on year 1960 and a warehouse land (2 acre) is built on year 1989. It is unbelieveble, that dlady is able to grow 45 multiple times from year 1987 to now. I believe kawan is going to repeat the success of dlady that had done in the past , so i has put part of my savings to invest in Kawan.

Posted by allanchong1988 > 2016-04-09 06:17 | Report Abuse

Strengthen Myr does not really make Kawan share price drop dramatically.

CFTrader

812 posts

Posted by CFTrader > 2016-04-27 01:51 | Report Abuse

Anyone did call their center / or visit the EGM and ask about the progress of construction of the new factory ?

YK Tsong

168 posts

Posted by YK Tsong > 2016-04-30 14:35 | Report Abuse

2015 annual report:
As part of our ongoing expansion plans, the construction of RM150 million Pulau Indah plant has commenced
and is targeted to be in operation by second half of 2016. Progress is moving positively in the right direction although slight delays have been experienced. This new plant with approximately built up area of 30,000 sq.meters, equipped with state-of-art facilities like Automated Storage & Retrieval System (ASRS) and innovative green technology that promote significant gain in water, energy and environmental conservation, when in operation
shall allow us to consolidate all our existing operations under one roof; thus increasing our capacities while at the same time enhancing efficiencies and control apart from catering to the needs arising from the growth of business.

2015 marked a great year for the Group as sales revenue continued to grow positively to surpass the RM165 million mark. This achievement would not have been possible if not for the immense support, input and the relentless hard work rendered by the Board of Directors, the Management team and the entire staff force of the Group. I value very much the perseverance, diligence, invaluable contribution and the loyalty of each and every colleague of mine. I hope and I am sure that this team spirit will continue to be built upon in the coming years so that the Group’s achievements can be brought to even greater heights.

Posted by Lit Kok Wai > 2016-05-02 12:25 |

Post removed.Why?

goldenluck16

1,956 posts

Posted by goldenluck16 > 2016-05-06 18:15 | Report Abuse

Next week will see strong buying interest

grace123

677 posts

Posted by grace123 > 2016-05-10 16:35 | Report Abuse

tak ong punya counter.

khuen

231 posts

Posted by khuen > 2016-05-10 22:16 | Report Abuse

Has anyone been to the AGM of this counter before? Is it worth in term of taking a leave and attend the AGM?

Mc_Wei

178 posts

Posted by Mc_Wei > 2016-05-11 00:13 | Report Abuse

You can get all the answers you want by directly asking the MD during AGM.

goldenluck16

1,956 posts

Posted by goldenluck16 > 2016-05-11 18:35 | Report Abuse

It's time to accumulate

grace123

677 posts

Posted by grace123 > 2016-05-25 15:57 | Report Abuse

Forget lah.

paperplane2016

21,666 posts

Posted by paperplane2016 > 2016-05-27 13:31 | Report Abuse

KAWAN, tak nak kawan, lose money here

godlike

58 posts

Posted by godlike > 2016-05-30 10:14 | Report Abuse

is the results bad? why people is selling?

YK Tsong

168 posts

Posted by YK Tsong > 2016-05-31 15:17 | Report Abuse

bad company..no more kawan ^=^

godlike

58 posts

Posted by godlike > 2016-06-01 15:47 | Report Abuse

USD 4.1528 +0.0348 +0.85%, export theme starting soon

member41

3,718 posts

Posted by member41 > 2016-06-03 16:06 | Report Abuse

Yup export is back and so is Kawan from $3

member41

3,718 posts

Posted by member41 > 2016-06-03 17:01 | Report Abuse

325 yeah

godlike

58 posts

Posted by godlike > 2016-06-04 10:04 | Report Abuse

4.0830 -0.0660 -1.59%
03/06 - Closed. ( Disclaimer ) :(

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