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just my 2 cents, d&o has leading advantage in LED technology over the Asia. I firmly believe its fundamental still there, if you look at the money they spend on R&D meaning MT keep improving product quality when others don’t. Currently the market sentiment very weak and d&o PE consider high during 18-21. Perhaps, it’s on the way back to its value.
It’s a good stock. However, current market condition doesn’t favor M’sia export-oriented MNCs, depreciation USD, high labour cost, election, etc. and it might takes few quarters to recover. So, I believe rm2.xx still consider high currently. Just opinion.