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.

My Strategy

For this article, I will be commenting and mentioning my portfolio in 3 segments – SG, HK and US.

SG portfolio

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 of SPH.

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.

HK 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 hit.

US Portfolio

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 great results.

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 this post).

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!


  1. Please share details of how you invest in US

    1. Hi,

      Please free to join Fundamental Scorecard Telegram Group. You can find me in the chat group.



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