U look at the ringgit appreciating so strongly in progress. U must know that more than 70% of ytl's revenues are from overseas so the strengthening of the ringgit sure will have a direct impact on its forward earnings. This is one of the simplest reason why the share price dropped so low and hopefully not anymore lower.
Stock: [YTL]: YTL CORPORATION BHD
2017-12-11 19:34 | Report Abuse
U look at the ringgit appreciating so strongly in progress. U must know that more than 70% of ytl's revenues are from overseas so the strengthening of the ringgit sure will have a direct impact on its forward earnings. This is one of the simplest reason why the share price dropped so low and hopefully not anymore lower.