From gloves to vaccines then pharmaceutical Companies. All being buy up even without too much of its fundamental. But as usual we do not chase High PE sticks thus we sold all at RM 0.36 average
Update: Our strategy as of now
We will continue to buy into undervalued stocks including finance, services, healthcare but slow buy on property and construction. Overall we believe post Covid will have a big rally expecting around 4th Quarter of the year 2020. Worldwide.
We will also encourage purchase of property of all criteria for still possible to rent out is solid or self stay. As property price will further increase. All due to the theory of money become smaller for sure.
Gold price is also evidence that at closing to historical peak soon. Unless the market clash but the QEs are never able to be repay.
We also reducing debts as a continue strategy to always achieve a balance of long term fund growth.
2nd wave looks like coming. Will it impact the market?
In the assumption of human already knows how it transfer. Basically it is not back to standard discipline. Will this really crash the world Market? I doubt so as the market is full of easy money. Both stocks and assets will do well. However careful to not over commit or investing in any over priced. You should have a great return in next 6 to 12 months.