Looking at most of our top picks with both healthy NTA and PE. It is comfortable for us to continue invest into the market. There is definitely lack of activities in the market but we believe the current values are reasonable.
Record breaking 11.11.17 signified the reality of e-commerce era
The record is broken every year and Iincluded even more participants. I cannot accurately forecast the impact. Perhaps no one can do it. But I believe a strong impact is coming in next decade. Perhaps only the large ecommerce platform will dominate the market. Commercial property demand will be reshaped. Some jobs created and some jobs are loss.
In term of investment point of view. I think I will focus into traditional business that no matter what transformation but still playing a key role in the economy like bank, product manufacturing, commodities, healthcare and etc.
It is difficult to look for a definite segment. I will stay calm but I think Alibaba will definitely cross USD 200.
Financial institutions set to benefit if OPR hike
Income from interest will soar if the OPR is to hike in 2018. A 25 basis point hike is healthy and improve strength of RM. Earnings of banks will improve further in 2018.
Oil recovered above USD 60
As we forecasted oil price will be hovering between USD 65 to USD 85. RM is also recovering to USD 4.19 and AUD 3.21 respectively. We believe the upside will continue and we will continue focus our investment locally.
Market lack of liquidity
I think the market is lack of liquidity. Emerging market is suppose to be benefited with recent run in advanced market.
Local market sentiment continue lackluster
I think the market will continue side ways for some times. However year end window dressing may push the market higher before Christmas. Possibly without foreign funds we are out of lead.
We are delighted MBSB merger confirmed
I think the price to acquire AFB is not high nor low. But most important MBSB is very goal oriented. It is continue a buy call but merger may drag another quarter or two with reduce profit due to cost of merger. Overall is a continuous buy call.
I will buy some BjCorp
Vincent Tan back to be the chief will give confidence and activities. In Malaysia many businesses are leadership oriented but not system. Thus, will buy some BJcorp.
Bitcoins should first burst follow by a sizable crisis
Bitcoins will definitely burst. But can become an excuse to trigger song waited correction across the globe. No one know when perhaps it is near.
Stay invested but reduce debt ratio and increase income stocks. Buy a little of Gold and cash it out to buy stocks when correction.
We think some stocks are in good value now
I don’t know if there is any actual reason prices of CIMB, MBSB, KIPREIT are dropping to new low. But I believe it is now value emerged. We will accumulate more from now.