KLCI at 1870, RM at 3.87 vs USD, CIMB at RM 7.10, MBSB at 1.20 as of today. Almost most analysts still got the job. There is a reason why they missed. 1st they may be told to. 2nd they really don’t understand business even they have plenty of data. Don’t time the market. Don’t listen to analyst. Invest what you really know. Put into a trust or FD if you do not understand it.
If based on the growth projection of the banking industry plus a 25 to 50 basis points upward. Financial stocks should do well in 2018. Personally i think 3.5% is the peak where a sweet spot for balance climate for businesses.
As stocks and currencies continue overvalued. We start to buy more commodities.
If 25 basis point increase of rate can caused 10% loss of REIT value. I hope the rate hike 100 basis points immediately. Then a 40% discounted price of REIT is a bargain.
A virtual currency no matter you are going with the best technology in the world. First of all a value defined. When it defined then how it can grow from demand and supply? How will you trade a currency with a product that can go up and down hundred percents. In human civilization is the first time. But it will back to basis and then stabilize to grow correctly. Until then, there are still lots of space to head south.
Our portfolio did well across and we are continuing reinvesting dividend into the market. Our main focus remained MBSB, INSAS, CIMB, MNRB, KIPREIT and KEN.
Our other portfolio includes UMW, AFFIN, YSPSAH, AHEALTH, AAX, OSK, LUXCHEM.
We also start buying some recovering stocks in oil segment like UMWOG and UZMA.
From Down Jones to Nikkei and Hang Seng. From STI, AFX to KLCI. We believe the current economy and environments are favouring a run up. Possibly 2018 and 2019 and while Interest rate is up. The adverse effect may only be felt in 2019 or later.
Most assets will inflate and until measures both from monetary and fiscal policies to curb the rise.
I am a little aggressive and I believe KLCI will pass 2000 after the election. If you were to ask me is it fundamentally justified? I personally don’t think DJ justified. Money takes turn and this round KLSE got its story.
Feeling gold found bottom at 1250. Recent trend moving upwards attacked us to long at 1312.
We bought into MBSB and KIPREIT as our first transaction in year 2018. We like both stocks in our top picks portfolio and the value is there.