Even thought we do not agree to the business model of 1MDB. However the debt reduction plan will somehow positive to the market. At least it will not worsen the situation further.

We believe energy price will recover lead to a modest gain in commodities price as well. 

Worldwide market will perform better in 2016. For KLSE we expect a retest of 1800 in 2016

Properties prices will be stable and gradually digest excessive stocks in 2015. 

Overall we call for a higher ratio into investment than cash in 2016. 

Of course barring unforseen political and natural disasters as God will factors.

We have disposed some KTC at RM 0.410 and exchanged into CIMB and OCB. KTC may further test RM 0.500 base on its volume and buying trend.