Ann: 2022 Interim Report, page-69

I am buying some very coveted growth shares now but adding in small increments on the bigger dips. I know I am paying fair value, am happy with the company fundamentals and its markets and am looking beyond this year. Lots of volatility ahead still. March US rate rise for instance. Supply chain and chip issues still major so inflation worries far from over. However by 2023 this will end. Most think panic re rate hikes will settle in six months. Extremely unlikely rates will go very high will very likely be still historically low. So may expect a growth shares rebound once the panic fades . Keep away from high debt companies.

I am personally worried about US mid terms in November in what at this point looks like leaving a lame duck gvt and further political drama and civil unrest . However there is nothing one can do about deeper US civil unrest. Keep monitoring this and the macro economics there and action safety plan if things go crazy. Also let's hope China does not sink further as its growth is essential as well.