It is our second largest holding after MBSB.  The growth and prospect of TnG may be IPO still give CIMB a strong “Hold” justification. We are happy with the dividend and continue to hold.  But we are not buying further at this price.

Good results from both TNB and Alliance.  We will continue to hold it’s portfolio.  We may add more of Alliance Bank but we would rather like YTL Power than TNB as of now.  But we are not selling TNB just merely we like YTL Power as of now in term of price and potential.

We still like KLCCP and suggest a buy on dip around RM 7.60. 

Even though analyst consider almost flat earning by Allianz.  But 63.78 cents enough to make it PE only 8 times as leader in Insurance market. Its agressive and innovative nature.  It is a bargain. 

KIP REIT is always one of our favourite MREIT.  It has been aggressive, ambitious and progressive.  Most important it has a point, aimed at mass market like DIY, 99 Mart and Air Asia which is cheap.  That’s the majority market over here.

It is always a buy for both.

Non sexy but still an easy return of equity more than 10% a year stock.  We are good to continue put it into our buying list.

If PE of 6 times with a RM 0.60 cents EPS still give Tomei a fair – “undervalue” of RM 3.00? 

Affin is purely and M&A play.  Just hold and see what Sarawak can do about it.

Even though there are slight slip of YTL Power but the future development on hands remanded solid.  Perhaps a better time to buy on dip. AHealth is still doing well with stronger revenue except missing other incomes gain. YSP Sah result still not consistent but with good dividend policy, is still a mild buying suggestion for your divest portfolio.  Overall, both three counters offer buy on dip opportunities.  But you don’t need to be aggressive.

It may have something we don’t know or funds buying in and out.  But we have added mildly at the average of RM 3.90.  We maintain our “Like” on this growth stock.

Do we have a strong, good, competitive, innovative tech company to invest?  We will rather look elsewhere.  Our fund continues to look for tech start-up in other economy that can scale instead of paying overvalued in the local market.

So, what is the top 5 picks if you have 100% to investment and would like to be prudent and sit for good ROE.  Our pick as below

Bluechip – Allianz

Growth stock – YTLPower

Undervalued – OSK

Pharmaceutical/Healthcare – AHealth

MREIT – KLCCP