Invested in USD and shorting RM. When things reversed the money game over.

With today announcement of billions of funds pouring into developing One Belt One Road trade deal.  It is positive for Asean economy.  We continue to be positive in both shares and properties in the region.

Although not my favourite solution but it is still a positive note.  If deal go through with cheaper cost of fund and more products can be introduced will have good impact on MBSB.  

Still another 3 quarters to write down impairments and with 6 to 7% loan grow.  A target of RM 2.00 is a fair target.  We continue to hold and buy in weakness below RM 1.30.

Purely my personal perspective. Why Bitcoins still moving up? Can any currency in the market can have 200% gain in 2 years?  There must be a reason perhaps speculative funds flooded into it.  But to me, I rather miss the opportunity than buying into a bubble.  If we understand the initial objective of Bitcoins.  Then you rather walk away now.

Yes there may be corporate development, exercise, contracts & etc.  However, nothing is guarantee in this world. Thus walking away from profiting companies with more than 30 times price ratio will save you a lot of time to monitor the stock price movement.

It is a mess but I think the impact is temporary. As the master plan has been set. The long term potential remained intact.  We believe the market will well digest and resume upward momentum.  1800 is a must cross level within the year.

I read the news that 6 money games Agencies collapsed in 2 weeks.  However, still no actions from authorities towards these companies.  From politics to social, from consumer rights to the rights of a citizen.  I believe we are the most tolerable people on Earth.

Any piece of advise how these companies can claim to give such high return? Go check out Madoff investment scandal.  Principal almost the same except different versions.

If you wonder what to do next? I will advise you to sit tight and reap the fruit.  If you can spare extra cash for investment.  Buy into our top picks.  If not hold and market should heading North as a trend at list short term.