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Malaysia market did not perform well with extension of FMCO, cases maintained at high level, government reluctant to open up economy and host parliament meeting, just to name a few of the events that reflect a bad operating environment for CCK. CCK will get affected by the pessimistic view and also the general market volatility. If you are confident with the business, it will be a good opportunity to buy company that you know well.
Before you invest in CCK in the mid term, please think and study how much the external changes impact the company, especially feed price and the weakening of MYR against USD, Malaysians are also suffering from lockdown causing the decrease of consumers.
