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$KAWAN (7216.BMS)$
#KAWAN achieves historical high annual sales
#MoneyMarket is also booming
In recent years, due to the lack of population dividend stimulation, most consumer stocks in our country have entered a bottleneck period. However, in 2023, some food and beverage companies have greatly improved their turnover through acquisitions and exports.
Among them, F&N, OFI, HUPSENG, ABLEGLOB, APOLLO, and KAWAN are among the companies that have achieved record-breaking revenue. Except for KAWAN, the stock prices of the other companies have broken through the 52-week high. The gradual decrease in raw material prices is also the main reason for the improvement of these companies' margins and profits.
KAWAN is a well-known frozen food company. In 3Q23, it had a one-time loss of nearly RM4 million, including forex losses and inventory write-offs. Assuming these are deducted, the year-on-year profit growth for Q4 can be more than 30%.
In the past 3 years, KAWAN's total PAT was RM100.9 million, with an average annual PAT of RM33.6 million. Due to ample production capacity and low CAPEX, the company's cash has reached new highs every year after paying dividends. Therefore, in 2023, the company will conduct a share buyback of RM22.9 million, which is equivalent to 76% of the PAT in 2023, and will continue the share buyback in 2024.
Regarding the outlook, the company mentioned...
#KAWAN achieves historical high annual sales
#MoneyMarket is also booming
In recent years, due to the lack of population dividend stimulation, most consumer stocks in our country have entered a bottleneck period. However, in 2023, some food and beverage companies have greatly improved their turnover through acquisitions and exports.
Among them, F&N, OFI, HUPSENG, ABLEGLOB, APOLLO, and KAWAN are among the companies that have achieved record-breaking revenue. Except for KAWAN, the stock prices of the other companies have broken through the 52-week high. The gradual decrease in raw material prices is also the main reason for the improvement of these companies' margins and profits.
KAWAN is a well-known frozen food company. In 3Q23, it had a one-time loss of nearly RM4 million, including forex losses and inventory write-offs. Assuming these are deducted, the year-on-year profit growth for Q4 can be more than 30%.
In the past 3 years, KAWAN's total PAT was RM100.9 million, with an average annual PAT of RM33.6 million. Due to ample production capacity and low CAPEX, the company's cash has reached new highs every year after paying dividends. Therefore, in 2023, the company will conduct a share buyback of RM22.9 million, which is equivalent to 76% of the PAT in 2023, and will continue the share buyback in 2024.
Regarding the outlook, the company mentioned...
Translated
![KAWAN FOOD is crazy about share buybacks.](https://sgsnsimg.moomoo.com/sns_client_feed/102129971/20240428/d7bedc407fe6a4640656d90b38f6f89c.jpg/thumb?area=104&is_public=true)
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Hey, mooers!
Last week saw a strange situation where Tesla underperformed but the stock skyrocketed and Meta did very well but the stock plummeted.
We were impressed by the insights offered by mooers in posts and comments. Here, we've selected some quality shares from our community. Enjoy your snacks!
*Every mooers listed below will receive 500 points for their contributions to the community.
Tesla soared:
@ZnWC: Mainstream media will only focu...
Last week saw a strange situation where Tesla underperformed but the stock skyrocketed and Meta did very well but the stock plummeted.
We were impressed by the insights offered by mooers in posts and comments. Here, we've selected some quality shares from our community. Enjoy your snacks!
*Every mooers listed below will receive 500 points for their contributions to the community.
Tesla soared:
@ZnWC: Mainstream media will only focu...
![Earnings Snacks: Tesla soared versus Meta plummeted](https://ussnsimg.moomoo.com/sns_client_feed/77777008/20240428/1714285617655-1f7dc7f994.png/thumb?area=100&is_public=true)
![Earnings Snacks: Tesla soared versus Meta plummeted](https://ussnsimg.moomoo.com/sns_client_feed/77777008/20240428/1714285597998-08e02936a4.png/thumb?area=100&is_public=true)
![Earnings Snacks: Tesla soared versus Meta plummeted](https://ussnsimg.moomoo.com/sns_client_feed/77777008/20240428/1714285552698-7fe3c29233.png/thumb?area=100&is_public=true)
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I’ve made a review on moomoo Malaysia - check it out below!
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Moomoo Malaysia just launched, and they are:
✅ Licensed by SC Malaysia
✅ Cheapest in Malaysia
✅ Offers US & Bursa stocks
✅ Shariah compliance filter
✅ Easy funding
Btw, by simply signing up and deposit, you get to enjoy up to RM 1000 rewards!
💵 RM 100 cash rewards when you deposit RM 500
💵💵RM 100 cash rewards + FREE ONE APPLE STOCK when you deposit RM 8000🟠
Link to sign up >> https://j.moomoo.com/00JowE
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$FRONTKN (0128.BMS)$
#Oil & gas technology dual engine
#Holding cash, waiting for the right opportunity for acquisition
There are several companies in Malaysia that indirectly benefit from AI, although there are no companies that directly benefit. One of them is FRONTKN, because its main client is Taiwan's Hushan Taiwan Semiconductor Manufacturing Company (TSMC). One of TSMC's clients is NVIDIA in the AI field, so FRONTKN indirectly serves NVIDIA through its service to TSMC. This statement may sound a bit far-fetched, but the stock price is the best proof. FRONTKN's stock price has increased by 26% this year (although FY23 profits have declined by 9.2%), while its major client TSMC has increased by 41.5%.
In addition to the recovery of the technology business in 2024, the oil & gas business also accounts for 20% of the total business. Therefore, the main customer PETRONAS will continue to increase its CAPEX this year, and FRONTKN will have another busy year.
Technology + energy oil & gas = growth in 2024
In 2021 and 2022, FRONTKN purchased land in Kaohsiung, Taiwan to build a new factory to meet the needs of major customers. Although 2023 is a downturn cycle, the previous expansion will finally contribute in 2024.
As 2022 CAPEX comes to an end, the CAPEX of 2023 only spent RM15.1 million, distributed dividends of RM40.845 million, and spent little money. Therefore, by saving in 2023, Net Cash will exceed R...
#Oil & gas technology dual engine
#Holding cash, waiting for the right opportunity for acquisition
There are several companies in Malaysia that indirectly benefit from AI, although there are no companies that directly benefit. One of them is FRONTKN, because its main client is Taiwan's Hushan Taiwan Semiconductor Manufacturing Company (TSMC). One of TSMC's clients is NVIDIA in the AI field, so FRONTKN indirectly serves NVIDIA through its service to TSMC. This statement may sound a bit far-fetched, but the stock price is the best proof. FRONTKN's stock price has increased by 26% this year (although FY23 profits have declined by 9.2%), while its major client TSMC has increased by 41.5%.
In addition to the recovery of the technology business in 2024, the oil & gas business also accounts for 20% of the total business. Therefore, the main customer PETRONAS will continue to increase its CAPEX this year, and FRONTKN will have another busy year.
Technology + energy oil & gas = growth in 2024
In 2021 and 2022, FRONTKN purchased land in Kaohsiung, Taiwan to build a new factory to meet the needs of major customers. Although 2023 is a downturn cycle, the previous expansion will finally contribute in 2024.
As 2022 CAPEX comes to an end, the CAPEX of 2023 only spent RM15.1 million, distributed dividends of RM40.845 million, and spent little money. Therefore, by saving in 2023, Net Cash will exceed R...
Translated
![#MoneyDodo indirectly benefits from FRONTKN's AI.](https://sgsnsimg.moomoo.com/sns_client_feed/102129971/20240426/e668f3a9dd3aa11c8bb635520fc8a07b.jpg/thumb?area=104&is_public=true)
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