Thursday, July 30, 2020

SGX Portfolio Update July-2020

$ Union Gas - Rose to 0.3, not active since then, received small dividend this month

Hyflux - To recognise full loss by end of this year

NikkoAM-STC Asia REIT - Maintained at 1.10 level, another round of distribution coming

SIA - Currently at 3.40 level, result is bad, will take years to recover

OCBC - Drop to 8.50 level after MAS announced control on SG banks dividend payout, impact all local banks

CapitaLand - At 2.7x level, results of REITs under CapitaLand sponsorship not looking good

Genting Singapore - Now 0.73, not seeing any recovery after reopen

Frasers L&T - Rose to 1.35, one and only counter in green position now

DBS Bank - 19.xx level, impact by MAS announcement

ComfortDelGro - Maintained at 1.3x, long way to recovery

Singtel - Drop to 2.48, XD early next month, expect to drop further

Watchlist - not at the moment

Not adding anything this month and perhaps the coming next few months, building up my war chest for bad weather. Current portfolio sitting at red -19%. With the current situation and fear of COVID-19 second wave, I do not foresee recovery by this 1 or 2 years.

Good news is I finally move in to my new HDB, need to see in the coming 2 to 3 months what the expenses will be like in order to assess how much extra I will have each month, to invest and build my war chest.

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