Biscuit maker Hwa Tai Industries Bhd's share price had tipped over RM200 a share prior to the 1997 crisis. Hwa Tai closed on Thursday at 45.5 sen.Jul 3, 2010 https://www.thestar.com.my › business Famous past scandals | The Star
#Entrepreneur* C K Tan, Group CEO, Munchy Food Industries The Editor / TheEdge
October 03, 2010 18:30 pm +08
-A+A C K Tan, Group CEO, Munchy Food Industries
Nature of business: Biscuit and wafer manufacturingRevenue (2009): RM300 mil (approx)Major export markets: Japan, Singapore, IndonesiaFactories: One (Batu Pahat, Johor)Export markets: 60Your family is affiliated with Hwa Tai Industries – a competitor. Where does Munchy Food Industries fit in?My father founded Hwa Tai but he did an IPO (initial public offering) in 1992 and sold the entire company in 1996. Subsequently it changed hands a few times and now, it’s under the Soo family. Today, we are friendly competitors! My two older brothers started Munchy’s in 1991. I came back from the US in 1994 to join them in the business as export manager because I knew English and had a computer background. At that time, the Internet was just starting to boom. My father had asked me to come back because he figured that if I had worked longer in the US, I might not come back anymore [to Malaysia] so… [laughs] Coming from a family of entrepreneurs, was it easier to start Munchy’s then? I don’t think so. We grew this business from scratch so we had to relearn everything. I would say it took more of common sense and best practices to build the company. As we continued to grow the business, we acquired knowledge to implement in the company.
Mondelez Sees Spike In Biscuit Demand Due To COVID-19www.pymnts.com › Earnings As consumers turned to snacks for comfort amid the pandemic, Mondelez International ... The economy is slowly reopening on a changed world where “business ...
Biscuits - Foodwww.foodnavigator-asia.com › tag › keyword › Biscuits Move over Oreos: cheese biscuits' appeal on the rise in China ... 5 COVID-19's crop crisis: Pandemic poses major risk to Asia's food supply and trade - expert ... Lactalis Ingredients | Watch Business Advice FLOWHEY®: new capacity for high ...
Demand for healthy biscuits is increasing due to the active lifestyle of the consumers who look for convenient eating options. Rising demand for healthy snacks, coupled with high per capita food consumption, especially in developing countries such as India and China, is contributing to the growth of the global market.
Healthy Biscuits Market Size, Share | Industry Research ...
Global Biscuit Market | Growth | Trends | Forecastwww.mordorintelligence.com › industry-reports › biscu... The global biscuits market is projected to grow with a CAGR of 5.08 during the forecast period 2019-2024. The market is driven by the rising demand for ...
Biscuits Market Global Demand is Anticipated to Grow at a ...www.globenewswire.com › news-release › 2019/07/29 Jul 29, 2019 - Biscuits act as on-the-go food and are experiencing high demand due to urbanization which boosts the growth of the market. Easy availability of ...
World Biscuit Market and Trends | | BBM Magazinewww.magazinebbm.com › english › .html While demand for nutrition is increasing worldwide, biscuit consumption is rising accordingly. Demand for biscuits in the snack category has been increasing.
Biscuit sales in India: Cookie demand grows while biscuit ...m.economictimes.com › ... › Cons. Products › FMCG Aug 27, 2019 - Cookie demand grows while biscuit sales slow. Agencies. Consumption in rural India, which accounts for about a third of the market, has been ...
Demand for biscuits, instant noodles soars | Cities News,The ...indianexpress.com › Cities › Pune Mar 27, 2020 - ... in large quantities, shopkeepers have seen a sharp rise in the demand for instant packets of noodles, dough, biscuits and tobacco products.
SHARES in Hwa Tai Industries Bhd (fundamental: 1.15/3, valuation: 0.3/3) triggered our momentum algorithm last Friday for the first time this year.
The stock closed up 6.5 sen or 12.15% at 60 sen last Friday, with a volume of 2.44 million shares traded, exceeding the counter’s 200-day average volume of 204,505 shares.
Its market capitalisation stood at RM44.9 million.
For the financial year ended Dec 31, 2016 (FY16), Hwa Tai saw its net profit rise 17.4% to RM378,000 from RM322,000 in FY15, while revenue slipped 4.8% to RM63.17 million from RM66.3 million in FY15.
At the current share price, Hwa Tai is trading at 1.44 times its book value.
For your info, the record high in 1997 was $208, not $250.After it crashed in June 1998, I was a little too eager to buy & took out my last savings to purchase 1,000 for $5.05, but it kept falling until $2.46 in August. No eye see.
Then, one fine day in Sep '98 it limit up back to $5.05 & kept rising along with the broad market. In early Dec, it breakout suddenly from $12 to $19 & the next day, limit up for a very very short few minutes @ $25.25 but I was too greedy & wanted $32. But that limit up was the end of the upmove.
I think I did better with Repco, which I also bought in Jun '98 for the same price of $5.05. Turns out that I sold @ $7.55 in Apr '99 on a strong urge to get out, just days before it was suspended forever with the last traded price @ $7.10.
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....
Victor Yong
8,271 posts
Posted by Victor Yong > 2020-05-21 13:13 | Report Abuse
Must read
https://simplywall.st/stocks/my/food-beverage-tobacco/klse-hwatai/hwa-tai-industries-berhad-shares/news/could-hwa-tai-industries-berhads-klsehwatai-investor-composition-influence-the-stock-price/