Anyone knows why the sudden decline?

KWP had been gradually and constantly disposing already in the recent past... while other investors were collecting ....

https://klse.i3investor.com/servlets/stk/annchsh/7160.jsp

The free fall starts ......
US China trade war tension on the rise again which may affect demand in the second half....

https://www.theedgemarkets.com/article/tenaga-tumbles-threeyear-low-after-khazanah-share-placement

Overbought....... While KWP selling

Kenanga Technology report (29 Mar 2019)

Excerpt from the report: The analyst believe the general semiconductor sector is besieged by several challenges in the near term, led by: (i) lacklustre smartphone sales given minimal feature
upgrades in recent models and the high price point of the recent Korean flagship
smartphone models, (ii) muted vehicle sales in China amid trade war and in the EU due to
the introduction of the Worldwide Harmonised Light Vehicle Test Procedure (WLTP).

This week The Edge (8 Apr 19) has detailed coverage on IHH.

Excerpt from the article "Of the analysts who have covered IHH since end- Feb this year, 10 have Positive calls - "Buy, Outperform, Add or Overweight", 4 "Hold/ Neutral" calls and 3 "underweight, underperform or sell" calls.

Credit Suisse has an "Outperform" call and target price of RM6.50 while UBS has 12 month target price of RM6.60 and a buy call.

The rest you can rest from the edge..

https://klse.i3investor.com/servlets/ptres/46846.jsp

http://www.theedgemarkets.com/article/cimb-research-maintains-hold-call-tenaga-target-rm15

@ray1980 If you want to comment about politics, go elsewhere. Your own opinion doesn't represent all other people. Also your statement clearly indicates lack of maturity to analyse the situation especially when the new government just took over for 2+ months and so much sh*t left by previous government and you expect miracles to happen? This is running country not small company in case you didn't realize.

Hyflux remains a concern. To recap, the group is the sole underwriter and lead arranger of a S$720m project financing facility for financially distressed Hyflux Ltd (water desalination plant owner in Singapore). Assuming the group’s exposure to Hyflux remains at S$720m and it were to make a 50% provision on the S$720m exposure, we estimate a 10.3% impact to our 2018 earnings forecast and target price de-rating to RM8.40 based on a lower ROE of 9.3% from our current 10.4%. In its recent 1Q18 results conference call, management did not shed any light on its exposure or how much provision has been made as banking regulations do not permit disclosure of client details.

https://klse.i3investor.com/servlets/ptres/46184.jsp

https://klse.i3investor.com/servlets/ptres/46182.jsp

http://www.theedgemarkets.com/article/klci-rises-138-1h18-window-dressing-led-tenaga

What is more important is who are the parties buying up these shares...once annouce.. the share will start moving upwards....