Admid double crisis, we will add more next week

Crisis of Covid 19 and crisis of political uncertainty. We will see a difficult week next week. But, for years we seen KLSE is almost at the lowest after series of sell down. But we will not get involved into Semicon counters.

On the other hand, our top holdings MBSB may faced pressure due to CEO passed away. A respect to him and may him rest in peace. As he has done a great job in the last few years in transforming MBSB. Being said so, it may be new blood to come in and this will be a new management soon. At this point, we will buy on weakness tomorrow for a week.

Our buying in the current trend – Cypark, Tenaga, Sunreit and Topgloves. We have also collected mildly on some Call Warrants for CIMB, MBSB and Jaks. We have also buying in aggressively for Jaks-WB. Unless unforseen issue arises relating to all these counters. We are having a buy call as of now.

We also bought mildly on DNEX as we think the turnaround of Siterra worth to pay attention as of today trend.

Due to money getting smaller. Properties and stocks market everywhere are heading up except South East Asia that attacked by Delta without enough vaccines. But I guess this will be the best time to reenter the market.

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