1--RINGGIT is under value . when ringgit is under value ,equity in MALAYSIA are cheap. This will attract foreign money come in and eventually push up equity prices.
2--there are some local issue in the past to devalue MYR, this created a perfect STORM.
3--china H SHARE is at discounted level , about -20%.
4---local equity at slightly discounted level .
5---apart from china H SHARE , HONG KONG, TAIWAN ,SOUTH KOREA equity also traded at discounted level , ranging from -5.5 % to-12.40%