Oil recovered above USD 60

As we forecasted oil price will be hovering between USD 65 to USD 85. RM is also recovering to USD 4.19 and AUD 3.21 respectively. We believe the upside will continue and we will continue focus our investment locally.

We are delighted MBSB merger confirmed

I think the price to acquire AFB is not high nor low. But most important MBSB is very goal oriented. It is continue a buy call but merger may drag another quarter or two with reduce profit due to cost of merger. Overall is a continuous buy call.

I will buy some BjCorp

Vincent Tan back to be the chief will give confidence and activities. In Malaysia many businesses are leadership oriented but not system. Thus, will buy some BJcorp.

Bitcoins should first burst follow by a sizable crisis

Bitcoins will definitely burst. But can become an excuse to trigger song waited correction across the globe. No one know when perhaps it is near.

Stay invested but reduce debt ratio and increase income stocks. Buy a little of Gold and cash it out to buy stocks when correction.

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