I think the current US trade negotiation may prolonged to even a full deal in quarter 1 of 2020. As such, there will be less time for the recovery for world economy. Together with the local political scenes where confidence to the current government fading slightly. Together with the fighting within own parties will see a very unsettle year for Malaysia. As such, we continue to move towards dividend yield and fundamental investment in 2020.
We found INSAS does not have catalyst to move up even NTA is high with holding of INARI. As the trade deal to be signed is near or even Trump might be potentially remove from office. In this case, INARI case of being heavily benefits from trade war may not be realised. We decided to sell off all INSAS with a small loss but switching over to Ecoworld and MBSB. Both are beaten down but with stronger potential then INSAS as a whole.