$YTL (4677.MY)$ Nothing about the fundamental... The selling...
$YTL (4677.MY)$ Nothing about the fundamental... The selling down ahead of earning report is mainly due to investors apprehension on the outcome with respect to the strengthening of the ringgit in that particular quarter. Earning for the quarter would definitely be impacted by foreign exchange losses , as has happened to P Chem, Mi,... with their results shown. Ringgit has since softened to some extent after the US presidential election.
There's another news about HSR, which the D Finance Minister informed that it still has not been discussed n decided by the cabinet as for now, with the other ongoing infrastructure projects taking priorities...
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請照亮我前行 : This HSR is big cake. Every parties also want it. Sure never ending