We believe Allianze now has more value to AeonCR. We also take chance to sell some MBsB
Success.my – Re-entered into our monitoring list
We have acquired and sold Success before. The current price of Success and its just released result has triggered us to re-look into the company. We believe the current price level is good but waiting for a bargain when it below RM 0.900. It will be around PE 4 times plus 40% traded below its NTAB.
We have added Ahealth as it start to correct back to RM 2.80 below
We still favour Ahealth as a long term holding company not just in its industry but its records of profitability and growth strategy in the pass few years. Below RM 2.80 trigger our purchase interest and we added some at RM 2.780
We added Benalec into our portfolio, mean time Stemlfe is on up trend
The last two weeks strange volume increase and price upward trend signalling either funds are buying up this counter or there is a corporate exercise mulling. Although we have not acquired up to our target holding, we are please that someone share our view positively together.
We added Tomei, Poh Kong, Luxchem, FocusP, Bingo.HK, FirstREIT.SG
As bargain hunting first steps started, we have bought a few counters. We will buy more gradually.
Euro problem renewed, short term not so good for all markets – But we nibbling undervalue stocks
We bought Tomei today at RM 0.800 and Stemlfe RM 0.305
Tomei – Positive event with good response
Many bad news but market still hold well – a sign of money getting smaller?!
Renew Europe crisis, Malaysia general election is about to come, JP Morgan trading losses, China weak data, yet, most market still hold well with mild down trend. To me it is a little strange and the only conclusion is money getting smaller. The market still trend up in mid – term because everything is going to be more expensive. Inclusive stocks
We disposed Silverlake.SG at SGD 0.385 and switched to Ascott REIT SGD 1.080
As part of our consolidation process of our portfolio, we have sold Silverlake and switched to Ascott REIT. We will continue to do so and embrace the strategy of focus holding of quality company in the coming months. Mean time, we still in defensive mode with cautiously optimistic
We added Luxchem and FocusP today
Luxchem at RM 1.180 and FocusP at RM 0.300