All governments are keep pumping money. Large corporate and individual billionaires are reaping profits.  If these entities are not spending and everytime looking for immediate ROI.  The cycle will continue until a day they will own the country.  Enforment is needed to ensure they are investing into the economy even during a slow time.

We think more stimulus both monetary and fiscal will be introduced in budget 2017.  Market will rise and retest 1700 in near term.  Oil will be above USD 50 in 2017.  We expect the economy continue to be slow but gradual improvement in 2017.

More data shown that China is slowly overcoming all issues step by step.  Increasingly we believe a good recovery year in 2017.  We will start relook into beaten down stocks and add on to our portfolio.

We continue to buy on weakness on MBSB.  Base on our view point, sellers are drying up and a challenge of RM 1.00 on its way.

Non sense. It is only creating a trading environment for traders.  If rate is going to increase. It means either something need to be fixed from monetary point of view. Beside can be strengthening Economy.  Whatever it is what is the impact of 25 basis points in 6 to 12 months. Nothing!

Many things are undervalued and bargain queuing up in all markets.  But why all markets still depressed? US interest rate about to raise? Possibly about the whole world is under weak credit ratings.  So who will be the contrarian and think Earth is cheap now?  Aliens, yes that’s right aliens if there are any of them exist.  

Another step to further recognize the importance of REIT in the existing financial market. It is going to be a tool as important to bond for balancing portfolio.

Soros cashed out his investment in Gold related. Jim is considering to reassess his short position in US stocks.  They insist the world economy is in problem.  However, never before all major central banks QEs are holding the markets or even create bigger bubble in years to come.

Personally, we feel that it is going to be low rate, low growth and mild inflation period for many years. But stocks and REITs will going up much more before a real fall. No one knows when it is going to come but I don’t think in between 1 to 3 years.

Slight improved in revenue but profit increased to EPS 10 cents.  We think is a good result and will continue be our top 3 picks of the year.

We continue to buy in weakness. Mainly focused into MBSB. If price drop below RM 0.80 again.  We will be more aggressive in accumulation.