I thought Najib was smarter than to take things for granted but maybe his advisors were just 'blowing smoke up is a2=@!e" telling him all the nice fuzzy stuff. The preferred strategy is to cause a race riot as I was "told" that was what the previous election was optioned.
The referee as you say wields a lot of power (rule of law) with eyes prejudiced to his views so I can't see any other reason why the sell off is so aggressive. It is what it is sometimes regardless how one elect to justify holding or selling.
I don't really want to invest in the midst of these uncertainty because the doubts going through my head is probably the same as the next guy contemplating taking up a position or profit protecting. It doesn't help when the whole EV sectors are also facing the same scenario.
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