Low oil prices couple with Dow Jones slide last Friday caused KLCI to test 1700 decisively. A man mad crash due to OPEC oil politics may be a strong reason behind this. Nevertheless emerged another great round of buying opportunity in top stocks.
I started to find more values in the market and I am in no hurry to sweep during this winter sales. However, I have been nibbling and will continue in many small rounds as proven in our cycle investment theory.
We bought Gadang and ARREIT today at RM 1.25 and RM 0.81. We see many bargain like our tip picks L&G, MNRB, MBSB, Paramount and Cypark.