At the end of 2020, I was bullish on the stock market in 2021.
It should be a recovery year from the pandemic as Covid-19 vaccines were rolled out in stages.
Now we are approaching the end of year 2021, and it turns out to be a tough year for stock market in Malaysia.
Unless you packed your portfolio with quality tech stocks, it's very likely that you will close year 2021 with a loss.
If you have Genetec or Kobay in your portfolio early in 2021 and hold on to them until now, you will be big winner in 2021.
Genetec rode a rocket from RM1.80 to RM50 while Kobay jumped from RM2.40 to RM18 (adjusted to bonus issue).
I had Genetec in my portfolio at the start of 2021 at a cost of RM1.49, only to have sold them "happily" at RM4.20...
