We have been net buyer of share but industry oriented

When during a crisis, bargain is there. However, risk is also equally spread. No on will no when the market is lowest and when is highest. It depends always your strategy, fund size and expected return.

We have been buying in the last two months. But also very industry oriented. We bought energy but trying less on oil and gas. We buying in direct stay home beneficiary which can be long time to come. We bought banks as we believed the current price fully reflected the impacts.

In overall, as strategy is continuous to invest in stocks but only dividend oriented and industry specific. We started to lower the amount in paying debts as interest is cheap now! We will hold on to property purchases. If a good deal available we may still proceed but will not be aggressive.

MCO in Malaysia – Possibly Astro and CIMB benefited

We see Netflix, Amazon, Alibaba, Lazada, Food Panda and Grab may did very well during the stay home order worldwide. But it is not easy to find a good one in Malaysia. Perhaps I may be wrong but I spent more time on Astro and bought some movies. Also used Touch and Go so often to buy food. So we think Astro and CIMB also worth to take on. We also bought some during this period.

All countries now will focus internal demand as best

The next 3 to 6 months post Covid 19 partial exist will likely be stimulating internal demand.

Border will not be opened even many countries losses control on social distancing. But we believe humanity will find a way.

Today, we added back Astro at 815 as we believe it has beaten down from RM 1.50 where we sold. Our strategy remained to accumulate but slow.

We bought CCM, Asiabrand and Cypark

We have been buying gradually as we do not expect a V shape recovery. But we do think a potential of U or worst L shape. We particularly like certain businesses that are least affected by the crisis. As to Asiabrand simply a notification on its recovery path.

Malaysia – a time you need to generate local demand

Once popular phase, you help me, I help you. Perhaps now is the best time to ask ourselves. If you can source something local, why not buy local? No matter, service, life after MCO of tourism, everything local. As Covid 19 may end in April but the confidence level and world border may not open until then.

Hire local instead hire overseas. E.g. IT professional, Accountants, automate instead rely on foreign workers. A critical point we need to change our mindset to every must help our own self.

Stay safe and don’t panic. Keep a distance, wash hand frequently, sanitize your hand when out door, keep a distance 1.5 M to nearest person. Probably the best way to stop the virus l.

Ok, let’s make 1 month go. It still isn’t that bad

If, and only if the whole world shut down 1 month. Together but government just folk out the food and rent for 1 month. It will not be isn’t that bad. Compare to one by one closing thats bad.

But I still have full confident this is not end of the world. A strong recovery should come in 2nd half.

We continue mild nibbling

How long it will last and how bad? Again, none knows. But does it got values in the market. Yes plenty. We are buying slowly. But very slow.

We like Bursa, CIMB, MBSB, Maybank, Gadang, Jaks, Cypark, UZMA, Ecoworld

Blog at WordPress.com.

Up ↑