Start holding Mah Sing to hedge over property market

As we did not buy any properties lately due to the recent hike in price and a potential adjustment.  However, stock prices of good property developer has fallen and we believe Mah Sing at RM 1.69 is at PE slightly below 10.  We believe this fund manager favour will drive the price back when market stable.  Eventhough we dont believe in Rehda and the ways the do things.

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