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yes now it maybe dangerous to enter, but I mean is for those who keep saying overvalue when its at its previous bottom but PE is still high. Dont you see the overvalue shouting was few months and even year before?
Yes continue "overvalue" I not even sure where you find it overvalue.... PE? thats just a past data... its high because market give it a future price but divided by history earnings.... By investing in growth stock we look at future not the past.. Well anyway the upside I believe is continue shrinking..Good luck
Now pe drop under 100. For those for keep shouting overprice high pe from RM3 to RM6 do you now see why? By investing in growth stock we often try ti predict the future pe not look at current pe which is based on past result.
Yup, regretful for them, but there’s still room compared to the previous ATH, just abit closer than 200 days ago.
Don’t forget, that ATH was before the ChatGPT moment. Now we’re in a different phase.
