Have Pos Malaysia shares run ahead of fundamentals?

Seen as a potential beneficiary of the MCO, the share price of the postal delivery and courier services group has almost double over the past seven weeks of the country being in a partial lockdown

Pos Malaysia Bhd has been one of the top-performing counters on Bursa Malaysia since the movement control order (MCO) came into effect on March 18.

Seen as a potential beneficiary of the MCO, the share price of the postal delivery and courier services group has almost double over the past seven weeks of the country being in a partial lockdown to contain the spread of Covid-19.