Equity,a sit out or buy in?

Since my last posting on Perisai, the stock has since went up to beyond 80 sen and come back down to about the same level when I posted the trading buy call...
Anyway, if you're "superstitious" then its a bear from now till Aug-Sep timeframe afterall we're in May and we all know what the saying is for May.... and you should go on a break from equity and take a long deserve holiday while keeping your cash in non equity forms.

On the other hand, knowing fully well that Malaysia is on the verge of its general election (13th, likely end of the year), and the many projects being announced particularly the Petronas projects in Johor state, and also the many privatisation plans for list of companies under Tan Sri Syed Mokhtar and Khazanah's selling of its GLCs' stake is to some extent can be viewed as positive developments for KLCI.

Bear in mind that the government (BN) needs money for their election campaign and apparently Syed Mohktar is one of BN/UMNO main banker, the list of privatisations will happen soon because it will free up cash and return much to the banker.

In particular DRBHCOM tranformation is going to accelerate, Bank Islam and Bank Muamalat will merge and DRB will emerge as main if not the sole owner. TCubes will go into oblivion. The news of the myemail appears to be a marketing gimmick for shareholders to unload.

So what does it means for investors on the street? Buy selective counters with relation to BN/UMNO might be a good start. Afterall, >90% of the counters in KLCI are junks most of the time... mainly due to lousy management and incompetent SC.

Well, IPOs are a good investment too but my rule will be to sell within the first 1 minute of listing. Like it or not, there are more MClean counters in the future so as long as the SC remains what it is, its the first 1 minute transaction for me.... take IJacobs for example, those who did would have made few folds... :) those who don't just might have waited too long that the shit hits the fan, at the very least Ijacobs is still above IPO price... anyway MClean deserve the title of "The fastest decline in IPO price in history so far" thanks to all those who partake in the IPO process, Kenanga et all.... you sucks.
Think the stock is going to stabilize at 29sen.