Kawan shares price may goes further. But given the current market sentiment the price is at premium. Furthermore if USD weaken against RM further. The sentiment of high exchange gain may fade. New capacity and sales may still need a year or two to reflect.
We sold some Kawan at RM 3.65 and bought RHBCap at RM 5.45, CIMB at RM 4.30, OSK at RM 1.62 and TunePro at RM 1.24.