Indeed is a fact. Conventional ways of measuring a stocks above 20 to 30 PE is when you are in dominant position and can keep grow rate exponential.  We are a little aggressive but we still do not advocates PE 20 and above.

As we really do not have any clue which direction it will goes. Leading indicator shown to remain but we don’t take position when we are not sure.  If Brexit is on, we will join the short. If Brexit is off, we will wait as market already factored mostly.

Virtual currency is indeed more fluctuating than normal currency. In our view we just don’t understand the justification of its recent rally. Mainly due to Chinese investors and Brexit.

Ever since the extensive popularity of social media flooded in the last decade.  Somehow I feel that although we know each other well with instant update. However, distance between people has become never been away further before.

We use to sit down with friends and relatives for gathering. After work session with colleagues.  Travel real far to meet each others.  All these made possible with instant updates. But the actual people factor is not longer  available.

People are more individualistic never before.  From humble of everyone until today that everyone is something.  Everyone like to share with everyone with even their daily routines.

Then come with even much powerful computer games.  Much addictive for teenagers and even adults.  Everyone thought they are heros and living in a virtual reality.   Many people consider themselves are combat specialist or immortal.  That’s also given the strong relationships of shooting cases worldwide.

The rise of new communication channel and virtual reality are putting conventional people relationship and humble attitude at risk.   Possibly even start with less use of power bank to ensure we reduce the use of smart phone.  Go back to basis. Let’s have more hugs and kisses.  That’s what suppose we are as human.

As we have bought SUNREIT and ALSREIT aggressively in the past few weeks.  We decided to reinvest part of MREITS dividend into ARREIT and MQREIT. 

While many small investors may not intend to go ahead with the right issue during this depressed market.  However we continue to buy when price depressed.  We may further buy after right issue if price continue to be a bargain to us.  We bought today at the price of RM 1.06

Central banks are locked with their hands with low rates.  Piling up ultra high debts prevent continuous huge infrastructure spending.

Companies and retails further adopted wait and see attitude. Without spending is the key killer of any type of economy. 

We don’t like to see this happens as more people will suffer.  However, stake is higher that the chance of a severe slow down in coming years.

Funds rushing into Gold and Bitcoin as currencies devalued side effects are coming.  We are positive with the value of Gold but not Bitcoin at USD 700 over now.

Whether you like it or not. Any Disneyland opened outside US is in strong localized and travel economy.  China is here to stay as financial super power.  It is going be even bigger in years to come. I am happy to continue holding Chinese stocks in mid to long run.

Yellen should stop talking about raise rate when she missed two great opportunities to regularise rate.  If monetary is not an option I would think Yellen and Fed stop talking about rate height.  Focus into fiscal policies.