Saturday, July 31, 2021

Portfolio Summary for July 2021

As of 31 July 2021

CDP

Security# sharesPrice S$%
DBS70030.417.55
OCBC Bank1,50012.306.54
SGX1,20011.885.06
SATS3,9004.015.55
ST Engineering4,1004.015.83
CapitaLand5,4004.037.72
Singtel6,1002.274.91
Powermatic Data5,0003.135.55
Micro-Mechanics1,3003.171.46
ComfortDelGro7,9001.574.40
Sheng Siong9,6001.575.34
Genting Singapore11,7000.813.36
TheHourGlass15,4001.548.41
HRnetGroup21,9000.7956.17
China Sunsine31,0000.515.61
HC Surgical35,5000.5456.86
Silverlake Axis60,8000.2655.71
Kimly27,0000.4153.97
Portfolio Value = $282,006

Trade Actions
- None

SRS

Security# sharesPrice S$%
OCBC Bank90012.3014.45
SGX1,30011.8820.16
SATS2,2004.0111.51
ST Engineering1,7004.018.90
Singtel2,0002.275.93
Sheng Siong8,7001.5717.83
HC Surgical19,5000.54513.87
Silverlake Axis21,3000.2657.37
Portfolio Value = $76,624

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).




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