My reading of the stocks markets is this: the STI is doing well to the point that I have liquidated quite some portions of my portfolio and wait for the next buying opportunities. I do not find that it is a good time now to buy some more stocks. I could be wrong but I think I am not greedy. Warren Buffet says that we should be xxxxxxxx when others are xxxxxxxxx (I will let you fill the quotes yourselves).
On another note, I think some stocks are over-hyped. A case in point is King Wan stock. There are many analyst reports giving a “Buy” call for this stock due to the company’s divestment of its stake in some processing mills in Thailand. But when I look at the current political situation in Thailand, I think King Wan stock can be bought at some other stages. Another stock related to ......