Portfolio Summary for October 2022

As of 31 October 2022

CDP

Security	# shares	Price S$	%
DBS	300	34.20	2.90
UOB	300	27.76	2.36
OCBC Bank	700	12.13	2.40
SGX	2,700	8.42	6.44
iFast	5,700	4.05	6.54
SATS	3,900	2.73	3.01
ST Engineering	6,900	3.30	6.45
CapitaLand Investment	7,400	3.01	6.31
Micro-Mechanics	8,400	2.75	6.54
Powermatic Data	8,500	2.60	6.26
Nanofilm	13,200	1.74	6.50
TheHourGlass	5,000	1.95	2.76
Vicom	11,800	1.88	6.28
Sheng Siong	13,000	1.56	5.74
ComfortDelGro	11,200	1.27	4.03
Credit Bureau Asia	14,300	0.96	3.89
Genting Singapore	11,700	0.805	2.67
HRnetGroup	21,900	0.73	4.53
HC Surgical	35,500	0.38	3.82
China Sunsine	41,800	0.42	4.97
TalkMed Group	14,500	0.40	1.64
Kimly	27,000	0.34	2.60
Silverlake Axis	15,000	0.325	1.38

Portfolio Market Value = $353,230

Trade Actions
- Bought 1,500 shares of SGX.
- Bought 3,900 shares of CapitaLand Investment.
- Bought 2,800 shares of Nanofilm.

SRS

Security	# shares	Price S$	%
OCBC Bank	900	12.13	8.18
SGX	1,300	8.42	8.20
iFast	2,100	4.05	6.37
SATS	2,200	2.73	4.50
ST Engineering	3,000	3.30	7.42
CapitaLand Investment	2,600	3.01	5.87
Micro-Mechanics	3,100	2.75	6.39
Powermatic Data	3,400	2.60	6.63
Nanofilm	4,100	1.74	5.35
Vicom	4,700	1.88	6.62
Sheng Siong	8,700	1.56	10.17
ComfortDelGro	6,900	1.27	6.57
Credit Bureau Asia	5,700	0.96	4.10
HC Surgical	19,500	0.38	5.55
China Sunsine	10,800	0.42	3.40
TalkMed Group	5,800	0.40	1.74
Kimly	5,800	0.34	1.48
Silverlake Axis	6,000	0.325	1.46

Portfolio Market Value = $133,430

Trade Actions
- None

Commentary:

Another month flew past, but not without my stock alerts triggering almost daily as the general stock market sank lower by the day.  I took opportunity of the sour mood and loaded up on shares of SGX, CapitaLand Investment and Nanofilm Technologies.  I was tempted to add other stocks too, but I refrained.  (Have to keep my portfolio balanced.)

UOB reported a sterling set of 3QFY2022 result [here].  Net profit rose to S$1.4 billion, up 34% YoY.  Net interest margin expanded 40 basis points.  The positive result had been widely expected by investors.  Nonetheless, UOB's stock price skyrocketed 6.7% in the two days post-earning release.  Local banking stocks DBS and OCBC also gained from the sentiment.  DBS is set to report its results on 3 Nov; OCBC is set to report on 4 Nov.

My cash stash has reduced to approx. 16%.  I need to be selective on which stocks to add hereon.  Banks are currently bathed in this favourable light amid the rising interest rate environment, so it will be hard to pile on them at an attractive price.  I am also keeping an eye on The Hour Glass.  I sold the stock back in March this year.  Hope to build my position again as the market retreats due to recessionary fears.

Family-wise, my wife and I are looking forward to our Royal Caribbean cruise trip in November.  It will be a welcome break after a hectic year at work.

Until next time!

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