A tale of overvaluations and bottom dwellers


ARE some fundamentally sound Malaysian stocks undervalued? This question comes to mind because one of the goals of the Capital Market Masterplan 4 (CMP4) entails “optimising equity market valuation”.

The Securities Commission (SC) explains that the plan is to help raise “the visibility of quality companies, catalysing re-ratings where warranted and establishing structured recovery pathways for laggards”.

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