Kawan Food challenging resistance RM 2.00

This quarter result is important.   If there is 4 cents EPS will good enough to help Kawan stabilise above RM 2.00.  However, given the development of its new expansion and consistent profit growth.  We believe our 12 months target RM 2.50 may achievr earlier.

We calling a hold and if mother break above RM 2.00.  The current trading in warrant which is in the money will be a good buy.  At the moment, we are satisfy with out purchases months back and enjoying the run.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Create a free website or blog at WordPress.com.

Up ↑

%d bloggers like this: