We re-started our gold purchase due to price already corrected into a good level. We will gradually buy more from this level when heading South. Gold is bearish in short term but we believe it started to shows value.
We believe the grow strategy that embrace by socialism interest is not going to be easy. Simply in a capitalism market, europe is already non competitive. A capitalism socialist may make things worst. We will not own Euro and we believe that will be a long journey for Europe. But a crash to the world may not happen from now. We will buy in dip.
We bought at RM 0.330 and we will continue to acquire during the market down turn.
Another splendid run by AeonCR but we still think RM 11.00 is a little over even if there is bonus issue or GO. We are happy with the price and we will final dispose all if price go from here another 5%. We swapped to Maybank at RM 8.640 and Hap Seng RM 1.640