We started to dispose Gadang and have an average price above RM 1.70. Research house is calling the fair value above RM 2.00. But we feel we are happy with the profit. As Gadang did not fall under our cup of tea for long term hold. We switched to our top picks in our portfolio.

So don’t believe in so call analyst.  As they are playing role in making movement in the market.  If you roll back few months news on tech stocks.  They use 1001% reason to tell you why they worth.  Now they said investors are questioning the valuation.

Back to home ground.  Most of the tech stocks are over priced and no one bother on it.  Half of the tech companies are even in the red.  No valuation but still chasing high. 

In short, avoid tech sector in KLSE.

We still think Gadang stock price will improve further but has reached our valuation of RM 1.50.  We sold some as we still don’t quite like non recurring business. Even though Gadang is trying on this path as well. 

As EU is facing low inflation and stagnant growth persistently.  EU has started to hint out that any form of QE is on its way.  If this kick started, I am sure value of money will become much smaller and one step towards global recession. 

We continue disposed Bonia gradually at RM 5.50 above.   Also A&M at RM 1.280 and switched to MREITS and our focus portfolio lately.

We have disposed some Bonia at RM 5.350 and switched to Paramount and Success.   We will keep some Bonia for as branding support unless surpass our preferred PE value.

Even though we like climate change stock. But we have still decided to dispose HHHCorp due to price variation. Our cost at average RM 0.130 given us handsome profits. We have switched to MNRB, Paramon, Hovid and Qcapita.

We are satisfied with our profit from Spritzer warrant.  Though looking at the trend it can goes a little higher.  We realised the profits and turned to Paramount and MNRB continuously. 

As foreign buying become net in KLSE.  It has created a good opportunity for daily futures long trading trend.  It will be range bound but buy at the lower end and close the contract by day end.  Any correction temp is minimal.  Close any position before day end. 

We sold some Spritzer lately and changed to MNRB and Paramount.

The first 3 months of 2014 have already passed. We have a good run on our portfolio but we also have non performers.  But in overall we strike a good return due to our focus invested counters.

We continue to accumulate our top picks: MNRB and Success, but adding Paramount will be our next quarter focus.  Paramount’s recent activities in building new University township and previous property projects will contribute significantly to its earning.  We will extend our holding on Paramount furthermore.

As per industries focus, we like Climate change related, agriculture and health care.   As the world’s climate changes, the problem for global warming gets even worse.  Green business related companies will have a better position to capture bigger market shares in the coming years. 

Agriculture is already in a stressed status for food supply. The increase in population will gradually worsen together with our climate change problem which will also stress the supply chain even further. 

Lastly, healthcare will continue to be a strong prospective segment as aging and climate change also contribute to a better prospective.