This is an update to my Malaysia Stock Portfolio for the Month end of January 2012. For previous months, please see

My Malaysia Stock Portfolio End December 2011

My Malaysia Stock Portfolio End November 2011

My Malaysia Stock Portfolio End October 2011

I removed UMW as stated in the previous portfolio post for End Dec 2011. I did not want the oil and gas exposure which is still a loss making division. While profits from automotive division were up in Q3 2011, I see near-mid term challenges for automotive sales. While UMW is a good company, I am in the middle of consolidating my stocks and I am just not convinced that the earnings for UMW are that resilient in a downturn.

Other than UMW, all other stocks exhibited great performance results and stock price increases, especially the REITs and the beer makers. The rest of the portfolio remains unchanged ...