KAWAN on target to cross RM 2.50 – Hold

One of our top pick has done RM 2.40 even at a difficult day when Argentina defaulted and Dow Jones has some earnings missed. It has faster than we expected for the price trading at this level. In long term we still optimistic about Kawan and we expect a 15 times PE with improve EPS to RM 0.20 per year in 2016 if not 2015. Thus, mid to long term target to cross RM 3.00.

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 )

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: