We added CIMB, KIPREIT, Gadang and WCT but disposed MNRB mildly.

We are taking chance to slowly exit MNRB. We think MNRB is highly undervalued but the style of managing the company return to share holder does not make sense.

We bought CIMB and KIPREIT. But we also added Gadang and WCT that linked politically to the previous government. But their assets, recurring revenue and contacts in hand will be still look good for at least 2 years.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Create a free website or blog at WordPress.com.

Up ↑

%d bloggers like this: