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Morning Sean, yes it is. imo - there are two things that we need to watch closely (1) negative sentiments due to coronavirus and the fact that KLCI is near the bear market levels of 1500. We have seen monetary policy action of GDP cut to boost growth. We have yet to see fiscal spending policy on infrastructure. Hopefully it will come in recent weeks. (2) Rohas is going through corrections and there is possibility that it may test 0.50 levels as it heads to oversold region in a weekly chart. Current price is offering 50% margins of safety and its attractive indeed.
5099 best price for me is actually below rm1. Still didn't see any rebound of it own fundamental since the transformation of model began. Plus this virus attack, hope can get some under value ticket.
Don't mind share to me why Cheng eye on this counter? I love to learn your the way you analyse.
