CDP
| Security | # shares | Price S$ | % |
|---|---|---|---|
| DBS | 700 | 30.41 | 7.55 |
| OCBC Bank | 1,500 | 12.30 | 6.54 |
| SGX | 1,200 | 11.88 | 5.06 |
| SATS | 3,900 | 4.01 | 5.55 |
| ST Engineering | 4,100 | 4.01 | 5.83 |
| CapitaLand | 5,400 | 4.03 | 7.72 |
| Singtel | 6,100 | 2.27 | 4.91 |
| Powermatic Data | 5,000 | 3.13 | 5.55 |
| Micro-Mechanics | 1,300 | 3.17 | 1.46 |
| ComfortDelGro | 7,900 | 1.57 | 4.40 |
| Sheng Siong | 9,600 | 1.57 | 5.34 |
| Genting Singapore | 11,700 | 0.81 | 3.36 |
| TheHourGlass | 15,400 | 1.54 | 8.41 |
| HRnetGroup | 21,900 | 0.795 | 6.17 |
| China Sunsine | 31,000 | 0.51 | 5.61 |
| HC Surgical | 35,500 | 0.545 | 6.86 |
| Silverlake Axis | 60,800 | 0.265 | 5.71 |
| Kimly | 27,000 | 0.415 | 3.97 |
Trade Actions
- None
SRS
| Security | # shares | Price S$ | % |
|---|---|---|---|
| OCBC Bank | 900 | 12.30 | 14.45 |
| SGX | 1,300 | 11.88 | 20.16 |
| SATS | 2,200 | 4.01 | 11.51 |
| ST Engineering | 1,700 | 4.01 | 8.90 |
| Singtel | 2,000 | 2.27 | 5.93 |
| Sheng Siong | 8,700 | 1.57 | 17.83 |
| HC Surgical | 19,500 | 0.545 | 13.87 |
| Silverlake Axis | 21,300 | 0.265 | 7.37 |
Trade Actions
- None
Commentary:
I did not make any trade for the month of July. The stock prices stayed higher than my ideal entry range. Thus, I saved up my excess cash as dry powder.
The market cheered the lifting of dividend cap on local banks by MAS [news]. Analysts expect the three banks to increase the dividend payout on the next earning release [news]. With the tapering of the Jobs Support Scheme (JSS) while COVID-19 is still ravaging globally, some firms in tourism-sensitive industries like SATS will face a more arduous journey ahead. In its 1Q FY22 business update, the airline caterer reported its PATMI would have been a loss of S$35.6m if not for government reliefs [announcement].
Medical group HC Surgical Specialists reported improvement in its result, with full year profit almost double y-o-y [announcement]. The company bumped up its dividend from 0.7 cents a share to 2.3 cents a share. I also had a pleasant surprise from rubber chemical maker China Sunsine Chemicals, which issued a positive profit guidance (read: substantial increase in net profit) ahead of its earning release on 13 Aug [announcement].
August will be a busy month to watch, as most local big caps report their results for the first half of the calendar year. Among those on my list include OCBC (4 Aug), DBS (5 Aug), SGX (5 Aug), ST Engineering (12 Aug), Genting Singapore (12 Aug), CapitaLand (13 Aug) and ComfortDelGro (13 Aug).
The market cheered the lifting of dividend cap on local banks by MAS [news]. Analysts expect the three banks to increase the dividend payout on the next earning release [news]. With the tapering of the Jobs Support Scheme (JSS) while COVID-19 is still ravaging globally, some firms in tourism-sensitive industries like SATS will face a more arduous journey ahead. In its 1Q FY22 business update, the airline caterer reported its PATMI would have been a loss of S$35.6m if not for government reliefs [announcement].
Medical group HC Surgical Specialists reported improvement in its result, with full year profit almost double y-o-y [announcement]. The company bumped up its dividend from 0.7 cents a share to 2.3 cents a share. I also had a pleasant surprise from rubber chemical maker China Sunsine Chemicals, which issued a positive profit guidance (read: substantial increase in net profit) ahead of its earning release on 13 Aug [announcement].
August will be a busy month to watch, as most local big caps report their results for the first half of the calendar year. Among those on my list include OCBC (4 Aug), DBS (5 Aug), SGX (5 Aug), ST Engineering (12 Aug), Genting Singapore (12 Aug), CapitaLand (13 Aug) and ComfortDelGro (13 Aug).
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