This stock moves 20% quite often in either direction for reasons other than FA and TA. It seems to move based on whatever the Hedge Fund Shorters and Short Covering does. Based on Probable rate rises in the US is bearish on the AUD and MYR buys wholesale products using AUD. But with Current Cash rates so low it makes the Franked Dividend of MYR look a stable Yield return. Probable rate cuts here in Australia makes MYR bullish from a Stable Yield return perspective compared a lower future cash rate here. So there is bullish and Bearish case reasons, and also the funds pushing it both ways 20% or more
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