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[公司专区] 7216 Kawan 佳源食品

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发表于 2019-2-6 15:48 | 显示全部楼层
竞争对手的产品。
对手的生产技术强,老板机械工作人出生。
难怪kawan 难賺钱。

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发表于 2019-8-21 18:56 | 显示全部楼层
Recently it suddenly change the auditor Messrs ChengCo PLT, yesterday news finally explains why, it is because Kawan Food auditor ChengCo being punished and prohibited from taking audit job by SC, due to non-compliance.

ChengCo has been Kawan Food auditor for the past few years, this make me worry whether Kawan Food account also has non-compliance issues?

I think management should come out to clarify and give confidence to shareholders in this matter, rather just cover it up saying that change of Auditor is due to rotation requirement.

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发表于 2019-8-28 12:42 | 显示全部楼层
Kawan Food quater 2 revenue RM57 m (+9%),
net profit: RM2.7M(-55%)

Kawan Food 的营业额已经突破新高,只是盈利被新工厂的机器折旧影响。

目前,这个季报,开始看到kawan food 把中国市场放出来,而且放在第二名,以往kawan food 把中国市场列在asia,看得出kawan food 已经注重中国的市场,

虽然中国的出口市场的营业额还是很小,但看得中国的市场的市场增长很快,比其他的市场快多了,中国人的消费力不容小觑。

Kawan food接来下, 可以利用新工厂做出更多迎合中国人的胃口的食物.

市场上认为kawan food的pe还是很高,pe24, 也许股价还会再跌.

如果,kawan food的股价跌到RM1,Pe 也是很贵,20,很多投资者也是应该买不下手,不过,小弟到时候要加码了,做长期投资了。

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发表于 2019-8-31 18:04 | 显示全部楼层
Malaysia’s halal-certified Kawan Food second quarter revenue up on China, regional exports

28 August, 2019

Malaysia’s Kawan Food saw its second quarter revenue grow 9.2 per cent on rising demand in China and the rest of Asia but higher depreciation charges pushed down net profit.

The halal-certified frozen food manufacturer’s revenue for the three months ending June 30 was 57.21 million ringgit ($13.61 million) from 52.39 million ringgit for the corresponding period in 2018, it reported in a bourse filing on Tuesday.

Profit after tax plunged 54.8 per cent from 6 million ringgit in Q2 last year to 2.7 million ringgit for the same period in 2019.

“The decrease was principally due to higher depreciation charged (increased by 2.7 million ringgit) for the automation of manufacturing process and capacity expansion,” said Kawan Food.

EXPORTS UP


The maker of frozen flatbreads and pastries reported Malaysia as its biggest market, contributing 44.35 per cent to sales in the second quarter, up 4 per cent from Q2 last year.

North America is Kawan’s biggest export market. The region saw a 7.1 per cent increase in sales there to 12.41 million ringgit.

This was followed by ‘Rest of Asia’ that enjoyed 20.6 per cent more in exports from Kawan to 7.85 million ringgit.

Sales to Europe, Kawan’s third biggest export region, surged 18.6 per cent to 4.8 million ringgit.

However, it is the lucrative China market that Kawan highlighted in its review.

CHINA GROWING TASTE FOR ‘WESTERN STYLE CONVENIENCE’

China was Kawan’s fourth biggest export market, with sales to the People’s Republic rising 19.6 per cent to 3.61 million ringgit for the three months ending June 30.

For the six-month period, sales to China increased the most, by 38.4 per cent to 7.2 million ringgit from 5.2 million ringgit in the same period in 2018, said Kawan.  

The company attributes this to “the growing demand of western style convenience food (tortilla).”

Overall, the Group’s revenue for the first six months of 2019 was 107.5 million ringgit, an increase of 9 per cent from the corresponding period last year.

However, net profit plunged 57.2 per cent from 10.1 million ringgit to 4.3 million ringgit for H1 2019, mainly due to higher depreciation charges.

OUTLOOK


The company said it “remains optimistic” on its long-term prospects, citing progress on its expansion with a new plant to boost capacity that it said will help it meet demand growth.

“However, Kawan believes that the new capacity available will gradually be taken up by the growing sales demand in the domestic and export market,” said the company.

The manufacturer addressed the higher depreciation charges that put pressure on its margins.

“Overall, the global demand for our products including the domestic market remains in expansionary mode. As such, the improving demand can help in reducing the impact of fixed production cost such as depreciation.”

https://www.salaamgateway.com/en ... LAAM28082019123439/

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发表于 2020-3-21 21:34 | 显示全部楼层
佳源食品(KAWAN 7216),是一间从事冷冻食品生产和销售公司。公司2018年全年业绩表现有些逊色,其营收增加1.88%,但其税后盈利却减少19.5%,至2343万,或每股盈利6.52sen。公司虽然营收上升,但毛利和毛利率却下跌,再加上其他运营成本和新工厂的运营成本上升,导致整体的盈利下跌。公司过去5年来的盈利率有逐步下滑的迹象,也许公司管理层更要留意成本的控制,才能不让盈利继续下滑,不然营收在逐步创新高但盈利却在逐步的缩小。
(净资产RM0.90 本益比27.15  股息 1sen(2018) 股东回酬 17.77%)

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发表于 2020-5-4 11:03 | 显示全部楼层

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发表于 2020-5-21 18:03 | 显示全部楼层
本帖最后由 hewin 于 2020-5-21 18:06 编辑

Opportunity in consumer stocks in the new normal

IN general, the consumer sector has always been viewed as a defensive play during a market downturn, but the scenario could be different this time as people adapt to the new normal of living with the risk of being infected with Covid-19.

Analysts say while the consumer sector is still a defensive play, things may not pick up as expected.

N general, the consumer sector has always been viewed as a defensive play during a market downturn, but the scenario could be different this time as people adapt to the new normal of living with the risk of being infected with Covid-19.

Analysts say while the consumer sector is still a defensive play, things may not pick up as expected.


Cautious spending

Inter-Pacific Securities Sdn Bhd head of research Victor Wan notes that consumers are very cautious and this mood will persist for three to six months.

In particular, fears over unemployment and job losses may worsen the situation.

"Discretionary spending will be a bit more subdued. People are still worried about job prospects and spending," Wan tells The Edge. "The retail ones - like Padini Holdings Bhd and Bonia Corp Bhd - will be a bit slow, and they will take a longer time to recover.

"However, it's not one-size-fits-all; it will be selective. We really have to adapt to a new normal."

Owing to social distancing requirements, Wan believes F&B operators may see lacklustre performance.

For the brewery segment, he expects minimal impact from the promotional programmes undertaken by the players.

"That might help a bit, but even with that, people may not spend so much because of a lack of funds. The brewery players will take time to recover," he explains.

This comes as the Malaysian Institute of Economic Research's (MIER) consumer sentiment index (CSI) saw a plunge of 31.2 points to a 32-year low of 51.1 in 1Q2020, as households worry about the near-term outlook.

This is the sharpest quarter-on-quarter drop since 2Q2008, during the global financial crisis.

PublicInvest Research in a recent note says the CSI took exactly a year to climb back above the neutral level, with 105.8 points recorded in 2Q2009. "This could repeat during the Covid-19 crisis, albeit slightly longer, consistent with the economy that may reach its optimal level in 4Q, following a challenging period projected for 2Q and 3Q. What is disturbing is that the 1Q2020 CSI level of 51.1 is markedly lower than the 2008 low of 70.5 (2Q2008), suggesting a longer recovery period this time around."

MIER's survey also shows that household finances were at their weakest since 1988 amid the Movement Control Order, which has affected the B40 and M40 groups the most.

Meanwhile, Retail Group Malaysia revised downwards the full-year retail sales growth forecast to -5.5% in 2020 from 4.6% projected in December 2019 on the back of Covid-19 and the MCO.


New ways to shop

When the MCO is eventually lifted, Wan says, the change in shopping patterns will be more obvious, as social distancing will still be strictly enforced post-MCO.

“Online shopping will be popular, owing partly to the low-risk factor, as you don’t have to expose yourself to malls. But, again, [the] drawback is that you are not able to feel and touch the things you are buying.”

Perhaps, businesses have to rework their operating model to regain their sales, according to Areca Capital Sdn Bhd CEO Danny Wong.

“If you can find your way, things could be much better [for you than for your competitors]. I project the new norm will [effect] a drastic change on this sector,” Wong says.

"Online and e-commerce have become a more popular mode of purchase. Similarly, digital payment has become a more popular mode of settlement.”

In a recent research note, CGS-CIMB Research says there has been a rise in e-commerce activity in Malaysia as more consumers turn to online shopping to procure their household food necessities.

“This will benefit mainly large-scale consumer staple companies (Nestlé [Malaysia] Bhd and Fraser & Neave Holdings Bhd) with established brands that are well-integrated into a number of major e-commerce platforms (such as Lazada and Shopee). Other F&B companies, such as Kawan Food Bhd, are also offering customers the option to purchase products on their websites, and have also ramped up online promotions during the MCO.”

Wan also foresees a substitution of brands. “Instead of using established brands such as Dutch Lady and Nestlé, you might change to Aeon brand, which is owned by the retailer itself.”

Rakuten Trade head of research Kenny Yee believes, however, that consumers will not simply switch their brand choices.

“For everyday consumer staples, I don’t think you can change to other brands just to save a little. I think the demand will still be there. If you go for Milo, you won’t go for other substitutes,” he says.

https://www.theedgemarkets.com/a ... r-stocks-new-normal

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发表于 2020-5-21 18:08 | 显示全部楼层
本帖最后由 hewin 于 2020-5-21 18:11 编辑

If You Love Paratha And Chapatti, Here’s A Healthier Solution For You To Enjoy Them!

As Malaysians, you can never separate us from our one true love – food.

Thanks to our melting pot of culture, we get to enjoy food from various backgrounds and ethnicities but let’s be real; some of them may taste great but it’s not so great for our health.

And if you seem inseparable from your daily dose of paratha and chapatti, we’ve got a healthier solution for you!
Made with your health in mind
Kawan Food recently introduced a first-of-its-kind Low Glycemic Index (GI) Range of products – Low GI Paratha and Low GI Chapatti.


The range is an improved version to is predecessor with 30 per cent less fat and a Low Glycemic Index (GI) value of 53 and 50 respectively for its paratha and chapatti.


Made of a tasty blend of premium ingredients like okra, lentil, and fenugreek, these Low GI products keep you fuller for longer and are suitable for blood glucose level control, without compromising on taste.

Plus, if you’re looking to add some fibre into you diet, a single piece of the Low GI Paratha contains more than 10 per cent of the recommended daily intake.


It only takes about three minutes to cook it, so even if you're a noob in the kitchen, you need not worry of failing when preparing it.

The Kawan Low GI Plain Paratha retails at RM6.00 and the Low GI Chapatti retails at RM5.60 and are both available at major supermarket nationwide or Kawan Food Online Store.

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发表于 2020-5-30 14:41 | 显示全部楼层

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发表于 2020-5-30 14:45 | 显示全部楼层

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发表于 2020-6-5 20:39 | 显示全部楼层

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