A Leap of Faith (Malaysia Strategy)
A Leap of Faith (Malaysia Strategy)
A Leap of Faith (Malaysia Strategy)
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Equity market at mid-cycle valuations24.3x22.3x20.3x18.3x16.3x14.3x12.3x10.3x8.3x6.3xDec94 Dec96 Dec98 Dec00 Dec02 Dec04 Dec06 Dec08©2010 CLSA Asia-Pacific Markets (“CLSA”).IMPORTANT: The content <strong>of</strong> this report is subject to CLSA's Legal and Regulatory Notices as set out at www.clsa.com/disclaimer.html, a hard copy <strong>of</strong> which maybe obtained on request from CLSA Publications or CLSA Compliance Group, 18/F, One Pacific Place, 88 Queensway, Hong Kong, telephone (852) 2600 8888.Page 14
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