Below IPO price of RM 1.250 plus character of Airasia group post listing stock behaviour. We skip the fundamental but bought in mildly AAX share and start monitoring its detail fro now.

Bonia looks very strong by noon close at RM 3.300. We suspect they may be a corporate exercise soon. However, we unload another small batch at RM 3.250. We switched to Multico, Kawan and UOAREIT.

We have temp unloaded all Hanergy Solar at HKD 760. We ripped a small profit. Before we decide which climate opportunities to be invested next year. The sudden price increased probably due to the EU agreement with China on the pricing of solar board.

We have added Kawan and Multico mildly yesterday. We also added AUD at RM 2.920.

We believe this is a good chance to add in more AUD. Though AUD has the same weakness like RM but is further weaker by the potential of a rate cut on 6th August 2013.

We added Teledata mildly at SGD 0.013. Due to the price is not reflecting its actual business. We will hold on a quarter and look at their recent result after acquisition of the Korea base Co. We will advise further after a quarter.