After analysis STI (Straits Time Index , Singapore market), i have thinking to switch large portion of my capital to invest in overseas.
This is because:
I would like to set a fund with 10k ringgit wth 10k sing dollar ( aka 23k ringgit) and i would want them to compete each other.
Singapore has been a popular market for foreign fund manager and the counter listed there deserve higher PE. Thats while Robert Kuok decided to merge the plantation into the Wilmar and now Wilmar has been doubled since then.
Wish me luck. I am thinking Singapore dollar will appreciating again in future against ringgit. Not quite confident with Malaysia economy outlook in future, maybe our briliant government will do something to improve the economic in future.
I will try to make this happen at the beginning of year 2008 and new portfolio will be prepared again.
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