PETALING JAYA: Malaysia’s largest operator of non-government nursing colleges, Masterskill Education Group Bhd (MEGB), may have a good growth story to sell, but if its recent share price performance is anything to go by, then it appears that not many investors are keenly buying into it.
Since peaking at RM4.25 on Aug 5, MEGB’s share price had been on a steady decline, closing at RM2.31 yesterday. The counter underwent the first round of a free fall in September, when its share price fell by RM1.04, or 26%, from RM4 in the beginning of the month to RM2.96 on Sept 23, before recovering slightly and started trading above the RM3 level.
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