Since the bubble pop in Japan during early 90’s until now.   Japan has never been able to workout a high grow strategy. However, visiting Japan allows me to see a strong culture in the country that I will be surprised why it isn’t grow anymore. Could it be the people? Politics? Policies? Or there is a peak in every economy growth in relation to its population and size.  There is a question pop up from my mine.   What if our natural resources finished or world economy crashed with no demand from natural resources.   Is our culture, politics and policies able to drive growth?  Perhaps a strong question that need everyone to consider.

As of now it crossed RM 2.1 with almost 200‰ impressive gain.   Well done Kudo style.

We feel that Gadang is about to break its RM 1.00 resistance and retest and stabilize above the level. Immediate target should be RM 1.200.

We think market will react upward and year end window dressing activities may join in to push KLCI above 1,800. Together with Yellen remarks and local Malaysia GDP at 5% above expectation forecasted to be 4.8%.

1st we think KLCI is expensive as only midcap or small cap are more in value. 2nd Both data is not critical enough to push record high market to further record easily. 3rd Local social and political issues prevail will hinder the positive growth of the financial system.

We will stay probably not so active with our continuous strategies maintain.

We sold KHIND a little at RM 2.860 and swapped to Kawan, Kawan-WA and QCapital respectively.

As small BJCORP share holder, we are happy that we have been allocated BERMAZ shares. We like Mazda as we miss the boat in Japan when Mazda at YEN 95.00. Rocketed above YEN 400.00. We like its Kudo design and its Skyactive engine. Mazda positioned themselves at mid market segment has created great success recently.

With Biante and Mazda 3 launching into Malaysia market. We believe BERMAZ will have good year in 2014.

We feel that this wave of Censof temp come to a halt. We decided to sold all and switched to Gadang. Not very good price indeed from RM 0.620 Censof to RM 1.000 for Gadang.

I do agree the act of printing money is definitely a problem.   I don’t know when but in short term the overall market will be supported by these liquidity.   But we recommend anyone to reduce debt while staying invested.   The pop of the bubble may come anytime.  But I really don’t know when. So I will reduce debt, keep some cash and stay invested.  Especially asset related and in 2014 focus more into climate change portfolios.

We did applied for thr Ipo as we like it’s business and industry.  At 15 times its IPO reference PE is reasonable.   But after its post listing run up.   Unless something we don’t know behind. These two stocks are far more expensive as of now to me.  It is like buying a Honda Civic paying a Honda NSX price.   I remember Stemlfe IPO rocketed to RM 4 above and the CEO even said is because of people positive outlook to its industry.  However, eventually it dropped back to below RM 0.30 for sometimes.

Karex is above RM 3.1 and Caring above RM 2.1. 

Here you go another example of undervalued investment.   We started invest in KHIND around RM 1.35.   Across years it has provide reasonable Dividend yield.  This year it has awaken. We are now in 100‰ returned excluding Dividend.  I hope I will smart enough to identify more and buy more counter like this. As of current last done price, KHIND traded at RM 2.90.  We will continue to hold if the PE is not above 20 but we will dispose slightly as discipline.