Posted by Jake > 2012-05-23 10:53 | Report Abuse

Minimum RM2.00 counter but its languishing nearer RM 1.50...WHY?

Posted by Mat Cendana > 2012-05-23 16:39 | Report Abuse

It is perceived to be a politically-connected company and its fortunes are tied on whether the BN will do well in the next GE. If one is confident that will indeed be the case, with BN doing better than 2008, then it will become a favourite again. I believe it will have its time in the sun again. At this low price, it's a good strategy to hold some and wait it out. Just getting to 2.00 would already bring in significant profits.