Kawan Food Q1 2014 result increased steadily

Year on year with a near 20% revenue increase and an almost 30% increase in profit. We continue to call for a hold in Kawan Food and buy on dip. Targeting min value at RM 2.50 and its warrant at RM 1.00 above. At the current price level of RM 1.80 to RM 1.90 is an accumulative level to us.

All our top picks in 2014 2nd half registered strong growth fundamentally. We continue to call for accumulation for MNRB, MBSB, KAWAN, PARAMOUNT & SUCCESS.