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Analyst Reports 25 Aug 2016 | 2:35 AM

CIMB Research lifts Kawan Food target price to RM5.56

KUALA LUMPUR: CIMB Research, which has maintained its “add” call on Kawan Food Bhd has raised its target price for the food manufacturer to RM5.56 from RM3.50.

Corporate News 02 Dec 2016 | 12:36 AM

CIMB Research adds DRB-Hicom, Bonia, Sasbadi to its small cap picks

KUALA LUMPUR: CIMB Equities Research has added DRB-Hicom, Bonia Corp, Sasbadi and Karex to its top small cap picks, replacing AWC, Berjaya Food, Prestariang and BioAlpha.

Analyst Reports 21 Aug 2017 | 12:36 AM

Kawan Food first half earnings below forecast, downgraded to Hold

KUALA LUMPUR: Kawan Food’s net profit in the first half ended June 30, 2017 was below CIMB Equities Research and Bloomberg consensus expectations at 32% of full-year forecasts, mainly due to weaker-than-expected export sales.

Business 22 Aug 2017 | 12:00 AM

Kawan Food first half net profit below expectations

PETALING JAYA: Kawan Food Bhd’s net profit in the first half ended June 30 was below CIMB Research’s and Bloomberg’s consensus expectations at 32% of full-year forecasts, mainly due to weaker-than-expected export sales.

Analyst Reports 13 Jun 2018 | 11:38 PM

Kawan Food’s RM200m factory set to start in July

KUALA LUMPUR: Kawan Food’s new RM200mil factory in Pulau Indah is slated to start in July and is now waiting for a Halal certification from JAKIM, says CIMB Equities Research.

Analyst Reports 15 Jun 2018 | 12:00 AM

Kawan Food 'add', Gas Malaysia 'market perform', Scientex 'hold'

CGSCIMB Research continues to like Kawan Food Bhd’s defensive food and beverage (F&B) business, and believes its revenue growth will likely come from its new products such as “fresh frozen” breads

Corporate News 23 Aug 2018 | 2:49 AM

Kawan Food slides after analysts cut target price

KUALA LUMPUR: Shares of Kawan Food fell to a low of RM2.20 on Thursday – the lowest since June 4 -- after it reported weaker net profit and prompted analysts to cut the target price from RM3.14 to RM2.76.

Corporate News 10 Dec 2018 | 12:12 AM

CIMB Research retains Kawan Food target price of RM3.02

KUALA LUMPUR: CIMB Equities Research is maintaining its forecasts and target price of RM3.02 for Kawan Food, which is 59.8% above the last traded price of RM1.89.

Analyst Reports 11 Dec 2018 | 12:00 AM

Kawan Food 'add', Al-Salam Reit 'hold', Tune Protect 'hold', Ta Ann 'buy'

KAWAN FOOD BHD: CGS-CIMB has a positive view on Kawan Food’s new factory in Pulau Indah, Selangor, saying that “we view this positively as the market recognises Kawan Food’s management and its product quality”