KLCI hit 1640 and closing to 1650, we sold high PE and swap to low PE

We sold UMW at RM 10 half of our portfolio. Also to Oldtown RM 2, half of what we are holding. We changed it to Tomei, Spritzr, UOAREIT, Allianz. We believe this round the crisis is well shield-ed. Everything back to earnings instead of timing. We staying invested but will be cautiously optimistic and defending as strategy.

Leave a Reply

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

WordPress.com Logo

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

Google photo

You are commenting using your Google 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 WordPress.com.

Up ↑

%d bloggers like this: