I believe some people who bought into malton will ask, why this stock keep going down for the past 2 months from 0.73 to 0.585.
fundamental, this stock looks ok with eps 20, pe, 3.4 and nta of around rm 1.20 and lastly, outstanding shares of only 418 million shares.
i believe this stock is facing some selldown by some major shareholders, who knows.
with this kind of trading activity, which witnessed by low volume and depreciating share price, the sell down will continue.
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