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Below 4.00, the risk is moderate due to Gamuda still one of the largest construction firms in Malaysia... Many research houses in Malaysia like to push up share prices by increasing TP every 2 week then like what happened now, they can mute to give views for 2 months...
If JP Morgan could give SunCon TP of 2.50, it can give TP of 3.50-3.60 to Gamuda in 2 month time... JP Morgan able to make Topglove to drop from Rm4-5 ( peak time was $9.00-9.50) to drop to below 80 cents....