-We made an exception to buy CIMB @ 5.90 due to the RM7.25 high fair value calculated post merger. But market is always correct, it went south.
During market correction, all good counters are not spared be it in good Fundamentals or having sound business. KLCI has lost 10.3% since July 2014 but most stocks has lost about 30% to 50%.
Monitor the OIL PRICE and RM fluctuations – price will stabilize at one point of time. You may see the price trading in range with no further drops and good news starts being reported. From there only starts to deploy your funds in if your bullets is not much.
(all are welcome to post questions and counters to watch for us to do a group study)