As more reports are favouring our long term holding of Kawan. With 2 reviews in the month of Feb rated its fair value at RM 2.9 above. We feel happy and hope we smart enough to buy more when the market start to fully value this company. We bought Kawan at RM 1.6 and warrant at RM 0.600.

To recap the history of this counter. We started bought this counter years ago when the warrant at RM 0.10 and its mother at RM 1. We have off loaded when warrant hit RM 1.1 to 1.2 and its mother hit RM 2.5 to 2.7. After recent ex for bonus issue, the stock price adjusted backward and we do believe is cheap again. With many reviews popping out for Kawan. Oh yeah that’s can be a trigger point for the second run up again.

From slowing growth to low oil price and a strong dollar.  RM has actually depreciated between 5 to 20% against various major currencies excluding YEN and Euro.

During the Chinese New Year festive season. RM fluctuated a lot which is usual for the market.  Personally I think 1MDB issue is now hovering investor.   A more transparent approach may help investors to understand the issues arises for better confident.

An unexpected event and reported a loss due to one of the worst flood of the nation.  However, probably a better hedging as flood will be more frequent due to climate change.  We give it a pass but if continue same problem without learning to find a solution may prompt as to a downgrade.

We are delighted to read many neutral to positive results within our expectation.  We believe they are jewels in KLSE.  We continue to be selectively stay invested.

We like certain value stocks like Affin and Kawan.  We will add on some during this festive season. 

An old member of KLSE going through many high ad low.  Lately we see its earning stabilise with more corporate activities.  We bought some to motivate our monitoring on it at average RM 0.79

We have sold all our HEVEA board at average above RM 2.60.  We believe the sudden price increase is a good profit to us. 

We have disposed upto half of our HEVEA holdings and exchanged to MNRB at RM 3.91, CYPARK at RM 1.90, INNITY at RM 0.36 and ANFIRST at RM 0.945.

A sudden price up to RM 2.45 – 2.50 level with active trade prompted us disposed 30% of our holding on HEVEA board.  We do not know if there is any corporate development but we are happy with our profit.

In another event after Australia Central Bank reduce its interest rate. China announced to reduce banks deposit requirements.  Another sign that world economy is slowing and need some injections.

While there are increasing pictures of potential racism.  We decided to hold on our investment locally follow with review. We will be very careful only select multiracial or nationalism  counters as our main factors to consider for new investment.

We want our investment in a balance or neutral mode. Just in case any esculation of such sentiment will less impacting our counters.