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Maijiushi, like I said last week, it will test 2.73 followed by 2.78 next. Any pull back will be brief and minor and present buying opportunities. Crossing 2.78 will propel it to higher high and this uptrend momentum is highly sustainable as YTL sits on a solid growth story and more importantly, it's trading at lowest PE among most index link stocks. That's why EPF keeps accumulating.
Good. I sold all my Sunway and Suncon shares today which is grossly overvalued now but am still keeping Gamuda. Now buying YTL at 2.50 and will show hand if it comes down. YTL only building base for a strong push up very soon.
i already bought months ago at 1.86. I will continue collecting from 2.50 tomorrow onwards and double down if it falls further. I strongly believe with its long-term growth prospects. Everyone has different investment strategies and there is no right or wrong over it. Leveraging techniques are equally important. Good luck to all.
YTL and YTLPowr are still trading at the lowest PE compared to its peers in KLCI. With strong growth going forward, it's definitely the stocks to accumulate on dip.