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EPF ~ 245m shareholdings is huge shares overhang unless the substantial shareholders or a rich Ikan Bilis willing to take up at current share price of 0.19.
EPF really continue to exit even at current low price despite their high average holding cost. Previously, they took up the position when other foreign funds were exiting. What will be the final TP ?
It is certain now that EPF is closing off their substantial share position and cutting loss at whatever price based on significant changes in VSI fundamentals. External substantial shareholders and Research Houses will definitely have management guidance based on regular investors briefings.
