PETALING JAYA: Construction and infrastructure development command the highest multiplier effect in any economy and in most cases, it is the government’s ultimate tool to pump prime the economy.

The mega projects are all there, but there are no major catalysts to trigger any meaningful movements yet as Putrajaya channels its fiscal strength on stimulus packages to assist people and businesses that were affected by the Covid-19 pandemic.

The Bursa Malaysia Construction Index has declined about 11% year-to-date and has been hovering around the 160-point mark, way below the pre-pandemic levels at about 200 points.

Investors have been watching the construction sector from a safe distance due to the uncertainties of an economic recovery and the timeline of project rollouts.

Like most sectors whose recoveries are underpinned by the vaccination rates, it is all the more important for the construction industry, which has seen its performance dwindling since 2018 due to the lack of clarity in terms of the rollout of infrastructure projects.

https://www.thestar.com.my/business/business-news/2021/07/15/building-blocks-of-recovery

yes, i agree tood value long term

gogogo ~~

hi.. monday hopefully arbb breach 30 cents

https://klse.i3investor.com/blogs/powerinvestmenthouse/2020-08-23-story-h1512480316-THINK_ICPS_IS_ACTUALLY_BAD_FOR_INVESTORS_THINK_AGAIN.jsp

I think most neutral comment should be desmond.
Even Andy comment is come with content but thats seems less facts
Fable more like cheerleader.

In fact i would agree what 240g said, free flow market should let the share price auto flow and we all know that construction and property market gone bad.

Q2 to Q3 is recovery period.

Seems different people as their grammar usage also different. Anyhow even is same also no harm too. Back to topic, I think more advisable to follow on @andytfyap invest. Look for a good support level first only plan when is the good timing to enter instead of keep averaging down.