Cancellation of the project caused a series of sell off on Gamuda. Perhaps short selling activities increased the vulnerability. Timing couple with Dow Jones selloff. KLSE dropped below 1700. However, we see this is an opportunity and we have appetites. We bought CIMB at average 5.63, MBSB at 945, Pantech 465 and JAKS at 935. I do not know how to time the market but i just like to buy undervalued stocks.
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