If without 1997 repeat of history, we think the market is oversold. There is value in the market now. But I really don’t know how much it will go lower or even a major political shock is on its way.
But we bargain hunted again for great values in the market. We bought Paramount at RM 1.63 in average, MBSB RM 1.50, Cypark RM 1.55, OCB RM 0.78 and EIG at RM 0.99
We will buy slowly in this marathon of great values. Honestly, we acknowledged that we have problems both internal and external in the markets. But averaging investment in great values is always our strategy. But really slow buying.