It surprise that its share price not crashing down?

MAA group acquired substantial stake in KNM recently. Thus I believe MAA's investment arm should have done its due diligent corporate/risk assessment before acting on it. Lets see how it runs its course along should the global economy gradually picking up.

Foreign fund priority flow into blue chip stocks.

This bit by bit price movement is definitely healthier.

Because foreign fund keep on offloading.

The volume tells that most fund managers have no appetite to buy in this stock.

could this time share price able to capitalise while oil price breach new high?

Those stay on are normally aiming for 100% or more returns. The waiting game is justified for certain group of opportunist.

Commodity price Inflation is coming. Price might trending up further but it is depend on the fundamental of the stock itself whether it can capitalize along the trend.

Fail to capitalize when brent crude reach USD70. KFC redemption denied.

With the present market sentiment, stagnant share price consider good news.

Traders seem very cautious. The trade transactions & volumes are still relatively low despite soaring oil price.

Foreign fund confidently buy in is the key. Covid, oil price fluctuation, bla... is just an excuse or explanation to make yourself feel good to be seated with the stagnant stock price.

Political stability issue!!. Higher oil price will not have major impact in moving the stock price at the moment. Just monitor the flow of foreign equity fund. When it return to bursa then the bull run will start.

I reckon oil price is just one of the manipulated commodity item. Both the Local fund institutions and retail investors are in defensive mode to fill the gap left by the foreign investors.

As long as politically not stable, all stocks will not have major impact in relation to higher oil price. Only if Foreigner equity fund return to bursa then only could trigger the bull run.

If you are gambler, should consider accumulate now. You should buy when all ppl say this stock is useless.