It is really a busy day, fundamental no change and thus we bought in Bernas from distressed market.

Selling speculative and given great opportunity to change further our portfolio to POS at bargain price with dividend guarantee.

With a valuation now at PE 12 times.  Also, acquired few months ago at RM 3.60 with a bunch of properties not re-value and national service.  We like POS at this price now.  We entered at 2.380.

With UOADev is highly undervalued when it listed above RM 2.5, we believe this call warrant at price of below 3 cents has huge speculative return potential. We will start adding more until Dec 11 and cut loss if not moving above 5 cents.

Added Suntec REIT, Teledata, Bingo, Agriculture Bank, Chadoa, Hektar, Tomei, Hap Seng, Sunreit, UOADEV

MBSB valuations and earning potential at the current price level of RM 1.390 is consider very cheap.  We expect further down adjustment and we will buy in again.

Affin stock price has suffered one of the largest drop in this Euro crisis.  Even though the indonesia share holding issue remain that call off their investment.  However, we believe local Malaysia will still subject to go through a consolidation where Affin should be acquired by larger bank.  With price of RM 2.60, it is one of the lowest PE bank in the market.  Needless to say it is own by our local Army fund.

We added SUNREIT as it is a well run retail that we believe the creativity is much stronger then any others.  We particular like their top floor shopping at Sunway.

Oldtown announced good result but sentiment has not been at their side even with dividend announced.

However, base on our buy valuation policy, we added oldtown again.

We have also scheduled to buy Gold as our long term monthly reserve. Anything below USD 2,000 will be still a buy for us. Looking into the debts of major economic power. It is true currency virtually has not value in long term.

At the price of HKD 3.250, it is a bargain. Due to market still uncertain, we mildly bought and will continue the process if market drift lower next few days.

If a country keep growing the economy but without social growth. Mentally and quality of life. It is equal to transform your people to money generating machines. Social growth can lead to good financial growth too. E.g. Preserve the enviroment, more tourism income.