We continue to buy but lights on good value companies. Oil price is temporarily stable after ceiling production limit set. We believe oil price is capable to further fix above USD 50 if necessary. Now it will be the time to focus into possible revival of world economy especially US, China, Japan and Europe. We believe US and China are still strong but Europe and Japan are struggling. Emerging markets will resume its grow once the road blocks are clear. However, cautious on end major problems due to global warming and central’s banks debt remained. Our strategy remained to invest in asset oriented business, commodities oriented and environmental businesses. With a condition bias to dividend or income oriented companies.
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