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Ok, you wait, wait it go to RM3, see your paper loss will be more painful or not.....
A company with net profit drop significantly, and government policy pressing on it to raise services level and open door for more competitors to come in, absolutely this will increase it operating cost and reduce it profit margin, end up diluted it EPS and Dividend will reduce
How you expecting it will go up with weaker fundamentals and current macro condition challenging and global economic unstable
EPF is the one who sell from 14 May 2018 17.79% to 17.499% on 30 August 2018, that's why share price drop from RM 5 till now RM 3.20
If want wait it raise up again, I think no so fast already... Whenever the price go up, EPF will sell to take profit to reduce it risk and move to other better counter, as this counter net profit is drop, subsequently the EPS will be affected and then the dividend will be affected as well
So, cut loss, if uare not buying at high, then can hold for lower loss
