KUALA LUMPUR: Going by recent share price movements, investors may be having an overly bearish reaction to an expected decline in Kossan Rubber Industries Bhd's average selling prices (ASP) in the coming quarters.
According to Kenanga Research, the anticipated ASP weakness is already discounted in the share price, which stood at RM3.29 at Tuesday's close, having lost about a quarter of its value so far this year.
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