A range of rotational play lately in the market. Lately burning into ICT related counters. However, only if you calculated the risk and you are comfortable with it. If not, go for recovery stock in retail, tourism, mall, airlines to catch the wave. Personally I think banks are inevitable coming back strong soon.
If based on world vaccination program and the infected rate possibly creates natural antibodies. I think by next month or most April herd will be achieved starting even US. Hold you stock in Feb and only consider dispose in March.
We bought Padini-C8, Layhong-WA, Inari-C67, DRB-C10, Jaks-WB and disposed half CIMB-C69 and MBSB-C32. We will consider to add BAT-C2 or C3 and even Gpacket-WB. We will go aggressive in Q1 with adding warrants and dispose overvalued stocks as strategy.
Bitcoins spike to 20K and Oil price rebound with world market keep advancing gradually. The V or U are in the race but one thing for sure money is getting smaller and market will go further.
We have also started to be more aggressive by investing some Call Warrants. We bought MBSB C32, CIMB C69, Inari C67, Layhong WA and DRB C10
We reduced slightly AsiaBrand, Uzma, Parkson
Some run up given chances for us to reportfolio. But we did sell at good price for our appetites.
Recovery of oil prices and a sudden run up. We have sold some of them in lately. But we think the speculative sentiment will drive price further as Biden is good to oil price in short term.
I may be wrong. But I want to believe Biden won the presidential election can be a turning point of market to rebound. Key reason can be the effort to curb Covid 19.
We have invested into Amlab of Australia that specialised in AI for bulk loading for cargo. So far we have invested into 4 Australian based start up and will continue to explore opportunity to create networking opportunities from these investment.
We found the tech stocks continuous roaring in Nasdaq and creating a mid term up trend. We bought on a few dip and sold from every recovery.
COVID19 situation remained worrying and as long as vaccines are not out in the market. Overall market may still difficult to perform well except speculative play. But we always take chance to adding unvalued stocks and continuous reduce debt ratio. As reducing debt ratio being the larger priority.