The emerging market selloff has deepen. Money are leaving South East Asia. It comes and it goes. The important is stick to quality value stock investment with dividend yield.
We have bought into CIMB and Maybank mildly. We also bought into WCT and Gadang mildly due to its seriously beaten down pricing due to mega projects being cancelled. Potentially also their links to the previous government. But among all, we like WCT and Gadang as these two companies both have assets and business from other source like mall operation and utilities.
The current trend of market may need sometimes to recover. But it has value in the market. We will pick those qualify fundamental with dividend yield as priority of our bargain hunting.
Advertisements
Leave a Reply