The current new environment overwritten my optimism in KLCI recovery. Though I think overall is healthy but it is going to be a dragging race with bias towards correct. We will continue to invest slowly but everything we buy will need a consistent dividend yield.

First to hit will be US economy as China though not buying lots from US. But countries beneficiary to China did so. Overall markets will remain sluggish and poor. But we will pick up some blue chips while on it’s way down.

If you are working on your portfolio with positive cash flow model. You will be on the high side as your reinvestment can be very powerful due to the current market conditions. Everything you invest will increase your ROI much higher across time. Don’t be afraid to buy companies with values. Also expect the worst may not be over. Buy gradually..

I still don’t see it is a major correction worldwide. Personally I think it is a good time to buy lots of undervalued stocks. I am buying CIMB, MBSB, Pantech and some over beaten Jaks.

I am also subscribed to all MNRB as it has dropped to highly undervalued level. We sold down from RM 2.7 to RM 2.4 before right issue announced. But when it ex at RM 1.50. It further dropped below RM 1.10. We subscribed to all balance rights given to us.

Cancellation of the project caused a series of sell off on Gamuda. Perhaps short selling activities increased the vulnerability. Timing couple with Dow Jones selloff. KLSE dropped below 1700. However, we see this is an opportunity and we have appetites. We bought CIMB at average 5.63, MBSB at 945, Pantech 465 and JAKS at 935. I do not know how to time the market but i just like to buy undervalued stocks.

Some called it fair value. Some use NTA, some use book value and some use PE ratio. But you must develop a view or price a stock. So that when market go below your price. You can start accumulating. When Markey goes beyond your price. You can hold or dispose. That’s basic buy low sell high but you got to know your price.

When everyone expected. It will happen but gradually. As for data from currencies to stocks. Some early sign of a major correction may come near. But the degree of the impact and harmful to which segment is yet to be known.

As uncertainty continues driving all stocks moving to it’s best value ever beside of a crisis. We bought Rhonema and Pantech midly today.

HHHCorp – Our impact investment pick with low entrance price. Climate change continue and I believe in impact investment. A great stocks to invest but governance may not draw significant investment from me.

AYS – Great undervalued steel producer. Consistent earning and I may think they will survey through any slowdown. I like its dividend strategy as well.

Marco – Distribution base and nothing we like except a strong brand Casio. Casio G Shock has revolutionized and it has reflected much in its stocks listed overseas. Casio continues success in market share will drive Marco EPS.

KEN – A property developer with recurring revenue as strategy. NTA is very high and the current traded price is highly undervalued. It is one of our largest holding in Small cap segment.

Rhonema – A vet based pharmaceutical company. I always like agriculture, health care, financial and climate impact related stocks. It has a very stable sales and profit history. Personally I think this is good stocks.

Pantech – Recovering oil price will keep its business busy for the next few years. I have been investing and profiting from this counter. I just think the current price is too low and worth to invest on it.

EIG – Some inconsistent earning in last few quarters. We like the industry and EIG as well. But I am not sure what has changed within the directorship. We continue to hold but we are not buying more either.