We have invested into Amlab of Australia that specialised in AI for bulk loading for cargo. So far we have invested into 4 Australian based start up and will continue to explore opportunity to create networking opportunities from these investment.
We did buy on every dip of Apple and Telsra for short term
We found the tech stocks continuous roaring in Nasdaq and creating a mid term up trend. We bought on a few dip and sold from every recovery.
We added MBSB, TMCLFE and SUNREIT
COVID19 situation remained worrying and as long as vaccines are not out in the market. Overall market may still difficult to perform well except speculative play. But we always take chance to adding unvalued stocks and continuous reduce debt ratio. As reducing debt ratio being the larger priority.
Powell to allow inflation at healthy level?
All parcels of actions eveeywhere pointed to one thing. Money becomes smaller and debt ratio becomes reasonable. It is too big to crash for now.
The gloves maniacal gloves rush
It is not a bad thing to have activities at this down time. However, excessive speculation turned become fundamental. If the top makers can justify this value but can all 2nd and 3rd liners? If one can remember 2nd board in 90s upto RM 100 and above. It proves that when there is a time without good governance. The dark forces can come back and history will repeat again.
We disposed all Bioalpha
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.
We reinforce, money is getting smaller. Buy stock and properties
The world QEs not going to be repay. The only thing the world can do is silently devalue everything. In this case, buying stocks are the only choice. Of course some much better if selected correctly
We thought is an U but I think may be V
When debts cannot be repaid. The only scenario is to devalue currency. Bubble assets quickly forming V shape. 2021 will be a super bull. But you are not richer because everything become more expensive and money become smaller.