CDP
| Security | # shares | Price S$ | % |
|---|---|---|---|
| DBS | 440 | 36.59 | 4.21 |
| UOB | 400 | 32.35 | 3.38 |
| OCBC Bank | 700 | 14.85 | 2.72 |
| SGX | 3,200 | 9.85 | 8.25 |
| ST Engineering | 6,900 | 4.42 | 7.98 |
| Powermatic Data | 8,500 | 3.52 | 7.83 |
| Micro-Mechanics | 18,400 | 1.58 | 7.60 |
| TheHourGlass | 19,600 | 1.58 | 8.10 |
| Sheng Siong | 19,100 | 1.54 | 7.69 |
| VICOM Ltd | 21,500 | 1.38 | 7.76 |
| Credit Bureau Asia | 30,100 | 0.90 | 7.09 |
| Nanofilm | 36,100 | 0.85 | 8.03 |
| HRnetGroup | 21,900 | 0.68 | 3.90 |
| China Sunsine | 41,800 | 0.385 | 4.21 |
| TalkMed Group | 34,500 | 0.42 | 3.79 |
| Kimly | 27,000 | 0.31 | 2.19 |
| Silverlake Axis | 37,100 | 0.29 | 2.81 |
| HC Surgical | 35,500 | 0.265 | 2.46 |
YTD Dividends Received = S$6,998
YTD SBL Fees Received = S$126
Trades
- Bought 15,800 shares of CreditBureauAsia.
SRS
| Security | # shares | Price S$ | % |
|---|---|---|---|
| SGX | 1,300 | 9.85 | 7.74 |
| Micro-Mechanics | 5,400 | 1.58 | 5.15 |
| TheHourGlass | 5,000 | 1.58 | 4.77 |
| Sheng Siong | 8,700 | 1.54 | 8.09 |
| VICOM Ltd | 5,500 | 1.38 | 4.58 |
| Credit Bureau Asia | 5,700 | 0.90 | 3.10 |
| Nanofilm | 12,500 | 0.85 | 6.42 |
| HRnetGroup | 7,500 | 0.68 | 3.08 |
| China Sunsine | 10,800 | 0.385 | 2.51 |
| Kimly | 5,800 | 0.31 | 1.09 |
| Silverlake Axis | 6,000 | 0.29 | 1.05 |
| HC Surgical | 19,500 | 0.265 | 3.12 |
| NetLink NBN Trust | 96,000 | 0.85 | 49.29 |
Trades
None
Singapore Savings Bonds
| Security | Amount | Coupon Now |
|---|---|---|
| GX22120S | S$14,000 | 3.26% |
| GX23010Z | S$15,000 | 2.95% |
| GX23110V | S$20,000 | 3.21% |
| GX23120Z | S$20,000 | 3.30% |
| GX24060A | S$20,000 | 3.26% |
| GX24070S | S$20,000 | 3.26% |
| GX24080W | S$20,000 | 3.19% |
Speculative Play
| Security | # shares | Price US$ |
|---|---|---|
| Kep Pacific Oak REIT | 70,000 | 0.20 |
Trades
None
Commentary:
Another month has passed in a jiffy.
With the U.S. inflation moderating, investors are speculating the U.S. Federal Reserve will finally be able to cut interest rate in September. While it is considered good news, the market can react in unexpected ways. For example, the tech stocks experienced a bloody selldown on 24th July, which wiped out 1.3 trillion dollars' worth of valuation on the NASDAQ Exchange. That said, on the grand scheme of things, it was just a minor correction on an overstretched market rally.
The local Straits Times Index gained a respectable 3.69 percent in July, broadly attributed to the good performance of Seatrium, SATS and Thai Beverage. Of the stocks on my watchlist, Nanofilm Technologies saw its price climbed 14.1 percent over the month. I hope the company's ill fortune is finally reversing.
Keppel Pacific Oak US REIT caught a strong tailwind this month. Its stock price soared 49.3 percent. I intend to hold on to this speculative play for two years or more, depending on how fast the REIT manager resume its income distribution.
I only bought a single counter in July. As Credit Bureau Asia faced selling pressure during mid-month, it was an opportunity to scoop up more shares on the cheap for this thinly-traded stock.
We are in the midst of earnings reporting season. Companies on my watchlist reporting in August include:
1 August 2024 - UOB
2 August 2024 - OCBC Bank (with result including fully acquired GE)
7 August 2024 - Vicom
7 August 2024 - DBS
8 August 2024 - SGX
12 August 2024 - HRnetGroup
13 August 2024 - Nanofilm Technologies
13 August 2024 - China Sunsine Chemical
14 August 2024 - Singapore Technologies
29 August 2024 - Micro-Mechanics
In the political arena, current President Joe Biden has bowed out of the U.S. Presidential race. With lacklustre performance during the first debate, he was under pressure from fellow Democrats to give up his re-election bid. However, it is hard to say whether current Vice President Kamala Harris wil be able to edge out former President Donald Trump and secure her place in the White House. The world will be watching with bated breath for the final election result on 5th November.
I subscribed for $20,000 of August's Singapore Savings Bond (SSB). The average yield on September's SSB issuance has fallen to an estimated 3.10%, which is lower than my requirement. Hence, I will not subscribe for the September tranche.
At home, the most exciting thing happening right now is the DSA-Sec selection interview for my older boy. So far, he has attended two group interviews. Waiting to hear back from the third school, after submitting his personal statement last month. Of course, our fervent wish is for him to secure a Confirmed Offer from at least one of these schools. Fingers crossed!
Signing off for now. Take care!
With the U.S. inflation moderating, investors are speculating the U.S. Federal Reserve will finally be able to cut interest rate in September. While it is considered good news, the market can react in unexpected ways. For example, the tech stocks experienced a bloody selldown on 24th July, which wiped out 1.3 trillion dollars' worth of valuation on the NASDAQ Exchange. That said, on the grand scheme of things, it was just a minor correction on an overstretched market rally.
The local Straits Times Index gained a respectable 3.69 percent in July, broadly attributed to the good performance of Seatrium, SATS and Thai Beverage. Of the stocks on my watchlist, Nanofilm Technologies saw its price climbed 14.1 percent over the month. I hope the company's ill fortune is finally reversing.
Keppel Pacific Oak US REIT caught a strong tailwind this month. Its stock price soared 49.3 percent. I intend to hold on to this speculative play for two years or more, depending on how fast the REIT manager resume its income distribution.
I only bought a single counter in July. As Credit Bureau Asia faced selling pressure during mid-month, it was an opportunity to scoop up more shares on the cheap for this thinly-traded stock.
We are in the midst of earnings reporting season. Companies on my watchlist reporting in August include:
1 August 2024 - UOB
2 August 2024 - OCBC Bank (with result including fully acquired GE)
7 August 2024 - Vicom
7 August 2024 - DBS
8 August 2024 - SGX
12 August 2024 - HRnetGroup
13 August 2024 - Nanofilm Technologies
13 August 2024 - China Sunsine Chemical
14 August 2024 - Singapore Technologies
29 August 2024 - Micro-Mechanics
In the political arena, current President Joe Biden has bowed out of the U.S. Presidential race. With lacklustre performance during the first debate, he was under pressure from fellow Democrats to give up his re-election bid. However, it is hard to say whether current Vice President Kamala Harris wil be able to edge out former President Donald Trump and secure her place in the White House. The world will be watching with bated breath for the final election result on 5th November.
I subscribed for $20,000 of August's Singapore Savings Bond (SSB). The average yield on September's SSB issuance has fallen to an estimated 3.10%, which is lower than my requirement. Hence, I will not subscribe for the September tranche.
At home, the most exciting thing happening right now is the DSA-Sec selection interview for my older boy. So far, he has attended two group interviews. Waiting to hear back from the third school, after submitting his personal statement last month. Of course, our fervent wish is for him to secure a Confirmed Offer from at least one of these schools. Fingers crossed!
Signing off for now. Take care!
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