Dow is in green as of now. It is overdone! I still think is a “Slow Down” and “Recession” is yet to tell

Imagine across the world beside of Eurozone, America, Asia, Middle-East all corrected by 30-50%. It is reaching 2009 credit crisis low and forming a “W”. I think if all make things right, a recession or technically recession is possible. But i still think is a slow down rather then a recession.

For the local front, KLCI at 1360 now is consider expensive if you compare to HSI and STi where you can find plenty of PEs between 2-5 times companies with good business model.

I continue recommend a buy mildly as long as the company has dividend policy more then 3% then has sound business model.

In Malaysia, we likes Affin Bank, POS, MBSB, AEONCR at the moment. Seriously beaten down but the valuation is cheap and sound business model.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Create a free website or blog at

Up ↑

%d bloggers like this: