One of the golden rule of investment. If there is a sudden unexpected spike on the things that you buy.  Sell it off and reap the profit first.  May not sell or but at least half.

From OSK, RHBCap to MBSB and today Affin a huge leap. I believe the it signaling a new round of merger. Personally I believe we should do it long time ago but BNM leave it to market force. There are still many redundant to service a limited market. I believe even MBf Card will also be acquired as it is just a local brand.

Beside where does the money come from which channel and how it is going to manage. As of today worldwide sentiment, it is deem necessary to not just control inflation and boost spending locally. I think it is a good budget for short term at least.

Even mildly shaken, but at FBM-KLCI at 1320 proven strong support plus good valaution.

At the current price leve, 農業銀行 is one of the biggest bargain in town. We continue to like SUNREIT if price below RM 1.100

Bargain hunting continous as any dip in US, Dow Jones will give us a chance for super sales again.  We foresee the period is extedning till at least before year end.  Any dip will provoke our mild purchase of the day.  Again, why we do this is because we really dont know whether market is low enough but many good companies did should good result and valuation.

We believe the so called merger will price OSK at RM 2.50 – 2.80 which has from here still got a strong upside.  The last merger with Maybank called off but it is likely this time given OSK owner is shown strong intend to sell.  We added OSK further to our existing holdings.

By either book ratio or PE of 13-15 times.  We believe OSK will be valued at RM 2.50. It is also more likely for RHB Cap to buy as it will assist RHB to start expanding itself to regional.

We have added mildly Teledata and we believe the current cost of share is in historical role.  We believe in its turn around and as managing cost more effective, this will be a long term good speculation counter.

That is a good one.  Really to tell us that a real investor pay less time in monitoring up and down all times.  You have to manage the portfolio rather then trade all the times.

By Jim roger:-

When fear permeates a market, everybody sells, especially the last ones in,
frequently have to jump out. They have raised margin requirements for both
silver and gold. So that makes it more and more difficult for people to hold on.

I barely pay attention to the price, but I know a lot of people do and
that is why you have these sudden spikes up and down.

As we did not buy any properties lately due to the recent hike in price and a potential adjustment.  However, stock prices of good property developer has fallen and we believe Mah Sing at RM 1.69 is at PE slightly below 10.  We believe this fund manager favour will drive the price back when market stable.  Eventhough we dont believe in Rehda and the ways the do things.