We found INSAS does not have catalyst to move up even NTA is high with holding of INARI. As the trade deal to be signed is near or even Trump might be potentially remove from office. In this case, INARI case of being heavily benefits from trade war may not be realised. We decided to sell off all INSAS with a small loss but switching over to Ecoworld and MBSB. Both are beaten down but with stronger potential then INSAS as a whole.
This is a direct hit and I think temp solve the problem. First to help clear stocks second help the first time buyer to get their home. I see property stocks to improve and also actually property price to stable.
I believe the money is in the system but Asian very conscious. Recovery will be fierce when stable. However, industrial change is inevitable as it is always a milestone.
Why not? But we just dont go aggressive as we understand the current stagnant of markets will be prolonged. But we like GENM, MBSB, OSK, CIMB and etc. We just consistently buying mildly which provide dividend as cashflow.
Too many undervalued stocks as of this moment. But we prefer dividend oriented stocks which has tremendous potetial to fight back. We will buy more MBSB, OSK and Kipreit.
After the quarterly result announced. Revenue is the first time increase quarter to quarter after sold of or convert its conventional loan to match Islamic loan. The sign looks good and we are going to buy mildly into it again. By far, MBSB still our largest holding as of now.
If RHB result is good. It should benefit OSK. Base on current price of OSK not even reflect the performance of RHB Bank. We have been gradually collecting it when market is weak. I like Jaks as going forward 2020 expecting a slow economy. Its energy segment may deliver and in fact a potential leap frog if there is no fraud accounting basis. Eventually Kipreit is still our REIT target. We need good cashow model return. Currently in term of yield and potential capital gain will still let us fall in love with Kipreit.
Business is the advocator of certainty. Speculator is the advocator of crisis. When today major leaders are stunning market rather than calming down market. The era of non ethical and highly unpredictable started. Hedging may become one of the necessity of all investors.
I have been buying GENM due to its beaten down price by surrounded theme park issues and new taxes. I always think it is a good worthy stock. But recent decision by major share holder in buying assets from its own pocket did raise question. The point is not long term or short term. Most important is the ethic. That’s set bad example to Malaysian stocks.