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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.

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 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.

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”

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.

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

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.

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 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.