Do not think you know all about the economy. Just like we do on human being and history.  The whole of the current political and financial system may only got a young history of 100 years or less.  Anything can happen be it tax, democracy, stock market, bond market, currencies and so on.  Anything can change from now as we are at Cross Road.   

US, UK, Europe, China, Japan need not to mention developing countries mostly at risk.   From governments to tycoons.  Everyone is at risk but the major impacts are going to be on lower income group if it happen again.

I believe the world economy is slow and risky but manageable.  However, powerful speculators uncontrolled are going to be the problem.

All major developments be it Brexit, climate change or protectionism economy are being used as a vulnerable loophole to short the markets.

I still see is a 50:50 situation but indeed it is important to reduce debt and moving your investment to more asset oriented.  This prolonged economy slow down need extreme self discipline and management to overcome and profit from it.

In short a more prudent approach is needed for both business and investment for next coming few years. The world debt just need to be fixed with damaging zero interest rate.

We recommend to proceed with full subscription of MBSB Rights issues.  Beside, we bought further average at RM 0.750.  We will continue to add on whenever there is a weakness post rights issues exercise.  Our strong confident level to further invest below RM 0.800.

We continue to buy and add up our OR bought from open market.  As we are in view that the current market price is highly undervalued.  During the last 5 trading minutes. I saw more than 700,000 OR pending for sales at RM 0.110

I cannot understand why the market is highly negative about the counter.  However, we maintain our view and continue buying OR and follow with actual subscription.

It is simple and straightforward. However, I am in the view we are not doing the right thing and continue moving away from right leadership and right example.

For those current politicians and leadership. Doing over board will really kill off our generation. You may have all the power and money but you lose out your next generation that may cannot understand what is truth anymore. 

A closer look to financial sentiment rather than physical problem.  If no article 50 trigger before next UK’S PM.  German, Italy and France insisted no informal talk. Means nothing happens  at least near term. Because of sentiment and speculator that caused market problem.

It is time to slowly buy into the market. But not in hurry and slowly.  We seen value in the market already. However the whole situation is going to prolong because of short speculators and uncertainty.

We have no idea why Kawan keep on going up. Whereas undervalued MBSB keep on heading south. I don’t want to guess it and just exchanged it.

Brexit given us another opportunity to buy more into MBSB.  We bought OR and Mother shares both at RM 0.100 and RM 720 again.  Illogical sell down triggered by Brexit.  Brexit is not end of the world. That’s how you are going to capitalise and make profit from it.