With EPS of 3.64 cents reflect around PE 10 times. We maintain our call to buy with a target at RM 2.50. The new campus intake and property development surrounding the campus will boost its revenue and profits.

Allianze and Kawan have both increased revenue and profit consistently again. We suggest a long term hold for both stocks with target a min. RM 15.00 and RM 3.00.

Affin however registered revenue gain but lowered profit. We suggest a hold with a merging play. As after CIMB, RHB and MBSB merger, the left entity will be Affin as clear target.

We believe Paramount new campus university income will start to contribute to the group earnings. Together with its development project surrounding the campus. A potential profit contribute leap frog may be possible if cost is to be managed well. With the current PE around 10 times and consistent dividend yield. We believe is a strong buy min at RM 2.50for next 12 months.

Worry about Europe and other parts of the world may back into recession as there are no rooms to spur growth anymore due to loosening policies across years. However, as if No 1 world market US is on its track to grow. At least it can restarts its bond purchases. Japan continuous loosening policy. Now, China rate cut that can spur the world 2nd and 3rd economy of the world. We believe the market will maintain its upward trend for now.

We remain positive about the market even KLCI has a weak buying pattern last week.  We like the outcome of APEC and G20 where more focuses in continue reviving the global economy.
We particular like China banks as the valuation is rather attractive. 

We have bought into our portfolio at HKD 11.140 today.  We like it as it’s valuation relatively low compare to others in China.  The growth potential is encouraging given the market is huge.  Enhance relationship between China and Japan may also given some lights to it.  We call for a buy at this level and mid term target min HKD 15.00

We bought MNRB at RM 4.350 and Hevaboard at RM 1.800 and Cypark at RM 2.420.  We continue to favour our top picks with time to time bargain hunting activities to increase our holdings.

We continue to add Gold and AUD to hedge over weakening RM. We believe USD will improve further against RM. BNM may increase another 25 basis points next 6 months. However, BNM will be very cautious as to monitor the impact of GST that will start in 1st April. We believe retail will do well in quarter 1 of 2015 and follow with an extreme slow quarter. Thus giving more stress to RM in 2015.

Shanghai-Hong Kong Stock Connect will definitely benefits EMPEROR CAPITAL. We believe it is in value now with the stock itself already trading below NTA and low earning ratio.

We also bought in EMPEROR INT’L as its also trading below NTA with high yield. It continues to expand its development by acquiring more assets to enhance group fix recurring income.

Same to LAI SUN DEV with its recent won of tender for Ocean Park hotel project and latest announcement to acquire a London base asset. We believe this will further boost recurring income base and we also added more into our portfolio.

However, all these three stocks are long term hold and buy. We do not know the timing but with our experience in these stocks will typically require holding period more than 12 to 24 months.

After a strong week follow with a profit taking week.  We believe this week will be ranged bound with focus into quarterly results.  We believe a range bound pattern with bias to close higher.