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so what if being kicked out of the index? what matters is the value that this company holds. remember how Telekom drops to RM2+ or other good companies. it's a matter of time before rebound
Like how ambank after covid kicked out from index from rm3 up to rm5 plus now. If you have the patience to wait it grow then yes this counter got the potential.
To play safe, just wait 1 more week for latest QR to come out then decide if want to collect more or not. Now, just let it drop who knows there is explosive qr this round, taking cue from the recent weeks share prices falling.
You can't aim for the lowest because no one knows. I have started buying at RM9 to RM8.65. Will continue to buy if it drops further. Limited downside . My guess would probably drop to RM8
Anyway, this is not a suggestion to buy or trade. This case could be a drag for PPB in probably a few more quarters to come.. But palm oil will remain the most important source of commodity. Wilmar will rise again whether you like it or not..
