We have disposed some penny stocks and move to growth stocks as year end re-portfolio

As year end re-portfolio, we think it is time we dispose under perform penny stocks and move to growth stock. As we believe the effect of QEs continue drive indices most of the world to record high. We reduces more speculative penny stocks and moving to growth stocks. We picked Kawan, Success and MNRB as it is our over weight call excluding climate changed related counters.