It has been a while since I last updated my blog where my original intent was to publicize my portfolio and give it a boast of credibility. Much has changed since my graduation.

Juggling between work and social life, there leaves little personal time to pen the rationale behind each purchase and sale of my transaction on blogspot that I nearly gave up.

A brief update: My sg portfolio which was heavy on the real estate sector was slowly pared down over the years. Though I missed out on some hefty gains on LTC and LKT had I held out longer, the ride was a rewarding one nevertheless. Currently, almost all property counters are trading at a premium to their NTA or even RNAV, indicating exponential gains seen over the years might be leveling out.Well, time to move on and seek out the next multi-bagger!!!

Liquidated almost my entire SG portfolio and hiked over the causeway. KLSE! Here I come....
To my realization, there is a dearth of undervalued counters on SGX after scouring the haystack. Over the causeway, there is a abundance of goodies up for grabs. Lelong Lelong!!!
Though the significant surge in KL came in the 2nd half of 06, I might have missed the mini rally but not the tsunami. Many Singaporeans have shunned Malaysia after the Clob Saga.

However, let's take a rational and objective approach, both Najib and Abdullah are considerably pro liberals, attracting significant FDI and tie-up with middle east firms. Currently, ties between Singapore and KL have warmed up and a team of delegates will be checking out the Iskandar for a better understanding of the geographical and economic prospects. Ho Ho Ho, cant imagine having a new Suzhou across the causeway, the mutual benefits will be enormous however it is too early to count the chicks yet.
Being vested in Malaysian shares allowed a participation of currency appreciation if the Ringgit is floated and shares on the Bursa are relatively cheap where you can find plenty of counters with low EV/EBIDTA.

However a lot of the P&L statement do not tally with the cashflow , hence it is vital to take the P&L statement with a pinch of salt. Look at the trasmile fiasco, there are plenty of landmines waiting to detonate in your face over at Bursa.

My love with Bursa can be attributed to my courtship with Gcorp when I accumulated a bunch at a low of around $0.40-42 in late 05 which has since rocketed to a 52 weeks high of around $1.4++. An entry into Gcorp provide a cheaper entry into LKH which I have since liquidated recently.