The downtrend in teoseng share price could be due to the selling by Felda Coop. After the selloff, price may rebound to a higher level. Have confidence in this counter.
Good analysis. Keep it up. I believe the recent drop are more related to the sentiment (fear) than any fundamental issues. Look at the entire market (as well as the region), most industries share prices dropped disregard the next few quarters earnings up or down. Even furniture export companies or technology sector that export most of their product (with RM depreciating).
Until the sentiment recovers, market will most likely be ICBC.
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Posted by Simonalibaba > 2015-07-02 23:04 | Report Abuse
Excellent analysis