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Foreign fund managers are selling their chips because of high PE, but EPF buying once the price hit below 3.10. The main question is: What if EPF STOP SUPPORTING this counter? Price might hit 2.80.
No no AI now, because reaching the peak. Buffett Indicator Index reaching all time high, best time to profit taking, keep cash, and avoid high PE stocks.
“Warren Buffett's favorite market gauge hit a 2-year high, signaling stocks are heavily overvalued and could crash”.
Because foreign fund keep selling in Bursa (include other counters). EPF is supporting Bursa to ensure market don’t collapse. Interesting point is: Why foreign fund keep selling?….Because our great ruling party support China & Palestine and low interest rate.