Price Target Changed • May 28
Price target decreased by 8.8% to RM0.86 Down from RM0.94, the current price target is an average from 3 analysts. New target price is 61% above last closing price of RM0.54. Stock is down 19% over the past year. The company is forecast to post earnings per share of RM0.15 for next year compared to RM0.13 last year. Reported Earnings • May 28
Second quarter 2026 earnings released: EPS: RM0.031 (vs RM0.028 in 2Q 2025) Second quarter 2026 results: EPS: RM0.031 (up from RM0.028 in 2Q 2025). Revenue: RM625.9m (up 9.1% from 2Q 2025). Net income: RM21.7m (up 10.0% from 2Q 2025). Profit margin: 3.5% (up from 3.4% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Food industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 7% per year. Upcoming Dividend • Mar 26
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 02 April 2026. Payment date: 17 April 2026. Payout ratio is a comfortable 7.8% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Malaysian dividend payers (5.6%). Lower than average of industry peers (3.1%). New Risk • Mar 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM391.6m (US$99.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 01
Full year 2025 earnings released: EPS: RM0.13 (vs RM0.11 in FY 2024) Full year 2025 results: EPS: RM0.13 (up from RM0.11 in FY 2024). Revenue: RM2.31b (flat on FY 2024). Net income: RM90.7m (up 20% from FY 2024). Profit margin: 3.9% (up from 3.3% in FY 2024). Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Food industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Declared Dividend • Jan 30
Dividend of RM0.01 announced Dividend of RM0.01 is the same as last year. Ex-date: 2nd April 2026 Payment date: 17th April 2026 Dividend yield will be 1.7%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 13% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jan 28
CAB Cakaran Corporation Berhad, Annual General Meeting, Mar 25, 2026 CAB Cakaran Corporation Berhad, Annual General Meeting, Mar 25, 2026, at 10:30 Singapore Standard Time. Location: conference room, third floor, cab cakaran corporation berhad, plot 21, lorong jelawat 4, seberang jaya industrial park, seberang jaya, 13700 perai, penang, Malaysia New Risk • Jan 19
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM402.1m (US$99.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. New Risk • Dec 16
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM402.1m (US$98.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Price Target Changed • Dec 02
Price target decreased by 13% to RM1.05 Down from RM1.21, the current price target is provided by 1 analyst. New target price is 57% above last closing price of RM0.67. Stock is up 12% over the past year. The company posted earnings per share of RM0.13 last year. Reported Earnings • Nov 29
Full year 2025 earnings released: EPS: RM0.13 (vs RM0.11 in FY 2024) Full year 2025 results: EPS: RM0.13 (up from RM0.11 in FY 2024). Revenue: RM2.31b (flat on FY 2024). Net income: RM90.7m (up 20% from FY 2024). Profit margin: 3.9% (up from 3.3% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Announcement • Nov 28
Cab Cakaran Corporation Berhad Proposes Final Dividend for Financial Year Ended 30 September 2025 CAB Cakaran Corporation Berhad announced Board of Directors has proposed a final dividend of 1 sen per ordinary share for the financial year ended 30 September 2025. Board Change • Oct 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Zakaria Bin Hashim was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 03
Third quarter 2025 earnings released: EPS: RM0.032 (vs RM0.017 in 3Q 2024) Third quarter 2025 results: EPS: RM0.032 (up from RM0.017 in 3Q 2024). Revenue: RM569.2m (down 2.2% from 3Q 2024). Net income: RM22.7m (up 86% from 3Q 2024). Profit margin: 4.0% (up from 2.1% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 2.2% growth forecast for the Food industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Aug 02
Price target increased by 21% to RM1.21 Up from RM1.00, the current price target is provided by 1 analyst. New target price is 79% above last closing price of RM0.68. Stock is down 4.9% over the past year. The company posted earnings per share of RM0.11 last year. Reported Earnings • May 31
Second quarter 2025 earnings released: EPS: RM0.028 (vs RM0.022 in 2Q 2024) Second quarter 2025 results: EPS: RM0.028 (up from RM0.022 in 2Q 2024). Revenue: RM573.7m (flat on 2Q 2024). Net income: RM19.8m (up 31% from 2Q 2024). Profit margin: 3.4% (up from 2.6% in 2Q 2024). Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 2.3% growth forecast for the Food industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 27
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 03 April 2025. Payment date: 18 April 2025. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Malaysian dividend payers (5.5%). Lower than average of industry peers (3.2%). Reported Earnings • Mar 02
First quarter 2025 earnings released: EPS: RM0.04 (vs RM0.055 in 1Q 2024) First quarter 2025 results: EPS: RM0.04 (down from RM0.055 in 1Q 2024). Revenue: RM593.6m (up 8.2% from 1Q 2024). Net income: RM28.2m (down 27% from 1Q 2024). Profit margin: 4.7% (down from 7.0% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Food industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Jan 30
Full year 2024 earnings released: EPS: RM0.11 (vs RM0.15 in FY 2023) Full year 2024 results: EPS: RM0.11 (down from RM0.15 in FY 2023). Revenue: RM2.30b (up 2.3% from FY 2023). Net income: RM75.5m (down 30% from FY 2023). Profit margin: 3.3% (down from 4.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Food industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jan 27
Dividend of RM0.01 announced Shareholders will receive a dividend of RM0.01. Ex-date: 3rd April 2025 Payment date: 18th April 2025 Dividend yield will be 1.8%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (9% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 15% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 42% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jan 24
CAB Cakaran Corporation Berhad, Annual General Meeting, Mar 24, 2025 CAB Cakaran Corporation Berhad, Annual General Meeting, Mar 24, 2025, at 10:30 Singapore Standard Time. Location: conference room, third floor, cab cakaran corporation berhad, plot 21, lorong jelawat 4, seberang jaya industrial park, seberang jaya, 13700 perai, penang, Malaysia Reported Earnings • Nov 29
Full year 2024 earnings released: EPS: RM0.11 (vs RM0.15 in FY 2023) Full year 2024 results: EPS: RM0.11 (down from RM0.15 in FY 2023). Revenue: RM2.30b (up 2.3% from FY 2023). Net income: RM75.5m (down 30% from FY 2023). Profit margin: 3.3% (down from 4.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Food industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. New Risk • Oct 28
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM431.3m (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 31
Third quarter 2024 earnings released: EPS: RM0.018 (vs RM0.037 in 3Q 2023) Third quarter 2024 results: EPS: RM0.018 (down from RM0.037 in 3Q 2023). Revenue: RM581.8m (up 3.8% from 3Q 2023). Net income: RM12.2m (down 53% from 3Q 2023). Profit margin: 2.1% (down from 4.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. New Risk • Aug 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM441.8m (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Jun 04
Second quarter 2024 earnings released: EPS: RM0.022 (vs RM0.041 in 2Q 2023) Second quarter 2024 results: EPS: RM0.022 (down from RM0.041 in 2Q 2023). Revenue: RM574.8m (flat on 2Q 2023). Net income: RM15.1m (down 47% from 2Q 2023). Profit margin: 2.6% (down from 5.0% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Apr 27
CAB Cakaran Corporation Berhad Announces the Resignation of Chew Chee Khong as Executive Director CAB Cakaran Corporation Berhad announced the resignation of Mr. Chew Chee Khong, age 66, as Executive Director of the company. Date of change is 26 April 2024. Reason: to comply with the Board Charter whereby at least half of the Board comprises independent directors. New Risk • Apr 20
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM466.4m (US$97.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 29
First quarter 2024 earnings released: EPS: RM0.055 (vs RM0.06 in 1Q 2023) First quarter 2024 results: EPS: RM0.055 (down from RM0.06 in 1Q 2023). Revenue: RM548.5m (down 1.6% from 1Q 2023). Net income: RM38.4m (down 8.3% from 1Q 2023). Profit margin: 7.0% (down from 7.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 01
Full year 2023 earnings released: EPS: RM0.15 (vs RM0.083 in FY 2022) Full year 2023 results: EPS: RM0.15 (up from RM0.083 in FY 2022). Revenue: RM2.25b (up 15% from FY 2022). Net income: RM107.1m (up 86% from FY 2022). Profit margin: 4.8% (up from 3.0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Jan 31
CAB Cakaran Corporation Berhad, Annual General Meeting, Mar 25, 2024 CAB Cakaran Corporation Berhad, Annual General Meeting, Mar 25, 2024, at 10:30 Singapore Standard Time. Location: The Conference Room, Third Floor, CAB Cakaran Corporation Berhad Plot 21, Lorong Jelawat 4, Seberang Jaya Industrial Park, Seberang Jaya, Perai Malaysia Agenda: To receive the audited financial statements of the company for the financial year ended 30 September 2023 together with the reports of the directors and auditors thereon; to declare a final single tier dividend of 0.5 sen per share for the financial year ended 30 September 2023; to re-appointment of Grant Thornton Malaysia PLT as auditors of the company and to authorize the board of directors to fix their remuneration; to approval for the payment of directors' fees; approval for the payment of directors' benefits; waiver of pre-emptive rights under section 85 of the companies act 2016; authority to issue shares; renewal of share buy-back authority; renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature and new shareholders' mandate for additional recurrent related party transactions of a revenue or trading nature; and to consider other matters. Announcement • Jan 29
CAB Cakaran Corporation Berhad announces Final Single Tier Dividend for the Financial Year Ended 30 September 2023, Payable on April 19, 2024 CAB Cakaran Corporation Berhad announced Final Single Tier Dividend of 0.5 sen per share for the Financial Year Ended 30 September 2023. Ex-Date 03 April 2024. Entitlement date 04 April 2024. Payment Date 19 April 2024. Announcement • Dec 29
CAB Cakaran Corporation Berhad Announces Retirement of LOO CHOO GEE as Executive Director, Effect from March 25, 2024 CAB Cakaran Corporation Berhad announced the Retirement of Mr. LOO CHOO GEE, age 59 as Executive Director. Date of change is on March 25, 2024. Reported Earnings • Dec 01
Full year 2023 earnings released: EPS: RM0.15 (vs RM0.083 in FY 2022) Full year 2023 results: EPS: RM0.15 (up from RM0.083 in FY 2022). Revenue: RM2.25b (up 15% from FY 2022). Net income: RM107.2m (up 86% from FY 2022). Profit margin: 4.8% (up from 3.0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Dec 01
CAB Cakaran Corporation Berhad Recommends Final Single Tier Dividend for the Financial Year Ended 30 September 2023 The Board of Directors of CAB Cakaran Corporation Berhad has on 30 November 2023, recommended a final single tier dividend of 0.5 sen per share in respect of the financial year ended 30 September 2023. Reported Earnings • Aug 30
Third quarter 2023 earnings released: EPS: RM0.037 (vs RM0.036 in 3Q 2022) Third quarter 2023 results: EPS: RM0.037 (up from RM0.036 in 3Q 2022). Revenue: RM560.7m (up 15% from 3Q 2022). Net income: RM26.1m (up 4.0% from 3Q 2022). Profit margin: 4.7% (down from 5.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. New Risk • Jun 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM438.3m (US$94.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (RM438.3m market cap, or US$94.9m). Reported Earnings • Jun 01
Second quarter 2023 earnings released: EPS: RM0.041 (vs RM0.01 in 2Q 2022) Second quarter 2023 results: EPS: RM0.041 (up from RM0.01 in 2Q 2022). Revenue: RM570.9m (up 20% from 2Q 2022). Net income: RM28.5m (up 326% from 2Q 2022). Profit margin: 5.0% (up from 1.4% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 01
Full year 2022 earnings released: EPS: RM0.083 (vs RM0.029 loss in FY 2021) Full year 2022 results: EPS: RM0.083 (up from RM0.029 loss in FY 2021). Revenue: RM1.95b (up 14% from FY 2021). Net income: RM57.7m (up RM77.9m from FY 2021). Profit margin: 3.0% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Jan 28
CAB Cakaran Corporation Berhad, Annual General Meeting, Mar 24, 2023 CAB Cakaran Corporation Berhad, Annual General Meeting, Mar 24, 2023, at 10:30 China Standard Time. Location: Conference Room, Third Floor, CAB Cakaran Corporation Berhad, Plot 21 Lorong Jelawat 4 Seberang Jaya Industrial Park, Seberang Jaya, 13700 Perai Padang Sera Malaysia Agenda: To receive the audited financial statements of the company for the financial year ended 30 September 2022 together with the Reports of the Directors and Auditors thereon; to re-elect directors; to re-appoint Grant Thornton Malaysia PLT as Auditors of the company and to authorise the Board of Directors to fix their remuneration; to approve the Directors's fees; to approve the payment of Directors' benefits; to consider the waiver of pre-emptive rights under section 85 of the companies act 2016; to consider the authority to issue and allot shares; to consider the renewal of share buy-back authority; to consider the renewal of shareholders's mandate for recurrent related party transactions of a revenue or trading nature and proposed new shareholders's mandate for additional recurrent related party transactions; and to transact any other business of which due notice shall have been given in accordance with the Companies Act 2016 and the company's Constitution. Reported Earnings • Dec 03
Full year 2022 earnings released: EPS: RM0.083 (vs RM0.029 loss in FY 2021) Full year 2022 results: EPS: RM0.083 (up from RM0.029 loss in FY 2021). Revenue: RM1.95b (up 14% from FY 2021). Net income: RM57.7m (up RM77.9m from FY 2021). Profit margin: 3.0% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Board Change • Oct 31
High number of new directors Independent Non-Executive Director Zakaria Hashim was the last director to join the board, commencing their role in 2022. Reported Earnings • Aug 31
Third quarter 2022 earnings released: EPS: RM0.036 (vs RM0.012 loss in 3Q 2021) Third quarter 2022 results: EPS: RM0.036 (up from RM0.012 loss in 3Q 2021). Revenue: RM488.7m (up 13% from 3Q 2021). Net income: RM25.2m (up RM33.2m from 3Q 2021). Profit margin: 5.1% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 31
Second quarter 2022 earnings released: EPS: RM0.01 (vs RM0.002 in 2Q 2021) Second quarter 2022 results: EPS: RM0.01 (up from RM0.002 in 2Q 2021). Revenue: RM475.9m (up 7.0% from 2Q 2021). Net income: RM6.69m (up RM5.61m from 2Q 2021). Profit margin: 1.4% (up from 0.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 7 highly experienced directors. 4 independent directors (5 non-independent directors). Non-Independent Non-Executive Director Wijanti Tjendera was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Feb 02
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: RM0.029 loss per share (down from RM0.004 profit in FY 2020). Revenue: RM1.72b (up 2.3% from FY 2020). Net loss: RM20.2m (down RM22.9m from profit in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Announcement • Jan 30
CAB Cakaran Corporation Berhad, Annual General Meeting, Mar 24, 2022 CAB Cakaran Corporation Berhad, Annual General Meeting, Mar 24, 2022, at 10:30 Singapore Standard Time. Location: at the Conference Room, Third Floor, Plot 21, Lorong Jelawat 4 Seberang Jaya Industrial Park, Seberang Jaya, 13700 Perai Penang Malaysia Agenda: To receive the Audited Financial Statements of the Company for the financial year ended 30 September 2021; to re-election of directors; to re-appoint Grant Thornton Malaysia PLT as Auditors of the Company and to authorise the Board of Directors to fix their remuneration; to Continuing in office as Independent Non-Executive Directors; to approve the Directors' fees up to an amount of RM742,850 and the payment of such fees to the Directors of the Company for the financial year ending 30 September 2022; and to consider other matter. Reported Earnings • Dec 01
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: RM0.029 loss per share (down from RM0.004 profit in FY 2020). Revenue: RM1.72b (up 2.3% from FY 2020). Net loss: RM20.2m (down RM22.9m from profit in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Board Change • Sep 17
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 7 highly experienced directors. 4 independent directors (5 non-independent directors). Non-Independent Non-Executive Director Wijanti Tjendera was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Jun 17
CAB Cakaran Corporation Berhad Announces Temporary Suspension of Operations for Prevention of Spread Due to COVID-19 CAB Cakaran Corporation Berhad announced that there were 162 COVID-19 positive cases confirmed during the period from 10 June 2021 to 11 June 2021 in one of wholly owned subsidiary’s factory. Following Majlis Keselamatan Negara ("MKN")’s standard operating procedures (“SOPs”), the Affected Factory has temporarily ceased its operations to perform deep sanitisation of the factory as well as hostels. The Affected Factory has received a notice from Ministry of Health of Malaysia ("MOH") on 11 June 2021 with instructions to suspend its operation from 11 June 2021 until further notice. The Group has adopted the necessary SOPs at its operations, premises as well as hostels which include social distancing measures, temperature checks, proper hygiene, personal protection equipment usage, regular sanitisation, restricting visits by outsiders etc. Reported Earnings • May 30
Second quarter 2021 earnings released: EPS RM0.002 (vs RM0.007 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: RM444.8m (up 8.6% from 2Q 2020). Net income: RM1.08m (up RM5.60m from 2Q 2020). Profit margin: 0.2% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 26
First quarter 2021 earnings released: RM0.005 loss per share (vs RM0.012 loss in 1Q 2020) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: RM433.2m (down 3.4% from 1Q 2020). Net loss: RM3.59m (loss narrowed 54% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 98% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Reported Earnings • Jan 29
Full year 2020 earnings released: EPS RM0.004 (vs RM0.019 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: RM1.68b (down 4.1% from FY 2019). Net income: RM2.76m (down 77% from FY 2019). Profit margin: 0.2% (down from 0.7% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 96% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Announcement • Jan 28
CAB Cakaran Corporation Berhad, Annual General Meeting, Mar 25, 2021 CAB Cakaran Corporation Berhad, Annual General Meeting, Mar 25, 2021, at 10:30 Singapore Standard Time. Location: The Conference Room, Third Floor, CAB Cakaran Corporation Berhad Plot 21 Lorong Jelawat 4 Seberang Jaya Industrial Park Seberang Jaya, 13700 Perai Penang Malaysia Agenda: To receive the Audited Financial Statements of the Company for the financial year ended 30 September 2020 together with the Reports of the Directors and Auditors thereon; to re-elect the Directors; to re-appoint Grant Thornton Malaysia PLT as Auditors of the Company and to authorise the Board of Directors to fix their remuneration; to approve the Directors' fees up to an amount of MYR 736,850 and the payment of such fees to the Directors of the Company for the financial year ending 30 September 2021; and to consider other matters. Is New 90 Day High Low • Dec 09
New 90-day high: RM0.43 The company is up 13% from its price of RM0.38 on 10 September 2020. The Malaysian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is up 2.0% over the same period. Reported Earnings • Nov 28
Full year 2020 earnings released: EPS RM0.004 The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: RM1.68b (down 4.1% from FY 2019). Net income: RM2.87m (down 76% from FY 2019). Profit margin: 0.2% (down from 0.7% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 96% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 21
New 90-day low: RM0.34 The company is down 17% from its price of RM0.41 on 23 July 2020. The Malaysian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Food industry, which is down 2.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: RM0.36 The company is down 4.0% from its price of RM0.38 on 25 June 2020. The Malaysian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Food industry, which is up 5.0% over the same period.