Back... With Updates On My Portfolio
Hello everyone, it has been a long long time since I wrote anything.
I had been restless for the last few months. In
fact, over the last month, I had probably watched so much Netflix, Korean Drama
and Movies that even the whole of last 2 years pales in comparison.
It seem like I am playing catch up on “what I liked to do but
stopped myself from doing because I felt I am wasting time”.
Other time where I wasn’t working from home or watching drama/movies, I spent them with my daughter. Dancing, painting, going for
lessons…just some father and daughter time.
It was a great rest. I don’t mind having more of such time
but NOW it is probably time to contribute to the investing community again.
For a start, I did some amendment to my strategy by adding HK
stocks to the mix as shown in the picture below.
For this article, I will be commenting and mentioning my portfolio in 3 segments – SG, HK and US.
Reduced QAF by 40% holdings – Company only announced a potential
2 cents dividend for the sale of their primary production (Pig business). In
their latest restated financials, the results showcase how much the earnings
will have dropped from (1) a high point due to the lockdown and (2) the amount
of the “remaining” earnings from the bakery business. This may have a negative impact on future
dividends since their dividends are already >100% of their earnings.
Singtel – Latest results (without detailed understanding)
seem to showcase a turnaround for the company.
Keppel Corp – I have added Keppel Corp recently after the news of
the Keppel Shipyard/Sembmarine merger as well as the acquisition of non-media assets
Starhill Global – As written on my FB Page, the REIT’s FY21
dividend stand at 4 cents. Dividend Yield is at 6.6% when the share price
stands at 60 cents. However, this includes (1) 0.14 cents from the release of
FY19/20’s deferred distributable income as allowed under COVID-19 relief
measures and (2) remaining 0.21 cents from the release of FY19/20’s deferred
distributable income as allowed under COVID-19 relief measures. After removing these
excess amounts, that leaves us with 3.65 cents and 6% dividend yield at 60
cents. This is reasonable enough for me.
There are still 5 other companies in SG Portfolio.
Exchange HST for 9988 and 700 – I entered into HST prior to
the recent China Antitrust Crisis. But as the crisis went on, I started to review
this ETF and wonder if I should switch to 9988 and 700. I eventually did that
because (1) HST as an ETF will continuous be impacted by the crisis, (2) I will
have more control over the movement and (3) we are unable to ensure CCP will
not make changes to a specific industry, like what they did to the tutoring
industry. It will be easier to manage and understand 2 companies rather than
the many companies in the ETF. Furthermore, 9988 and 700 is already diversified
enough within their own group. Personally, I also believe these 2 companies
will recover much faster than the ETF. Thus, I went for the change and took the
APPS, CRNC, PLTR, FUBO (The Generals) – Other than FUBO, I
have written extensively on the other 3 companies. I deem these companies as the Generals and they are my
biggest US holdings. All these companies (pending PLTR) have reported great
quarters. I should be (maybe?) writing individually on these companies. As for
APPS, like I told many, I have been adding on the dip since they reported such
GNSS – I went into this company previously and sold at a
small small gain. I went into it again on 8 Jun 21 and has been continuously
adding to it. The main theory is that Europe has issued an article – “By June
2022, the European Electronic Communications Code (EECC) Article 110 requires
all EU countries to operate a public warning system that can send geo-targeted
emergency alerts to all mobile phone users located in the affected area during
a natural or man-made disaster.” Thus, GNSS is bidding for 25 (excluding France
and Estonia) contracts as well as each countries operator’s contract. Their
main competitor is Everbridge.
CRNT – 5G is the main driver for this backhaul business. They
will be releasing a system on chip set for the 5G systems around the globe.
SMSI, DAIO – I used to hold these 2 companies but sold them
at a great gain. But I have added them again once their share price went down
over the last few months and after I came up with the new criteria (as written in
I have 4 other companies in the US portfolio companies.
If anyone is interested in any of the companies and want a
write up, do comment!
With that, I will end this post.
See ya soon!