David Sylvain

Posts Tagged 'queens boutique'

Share Investor: July 2021

I have bought the following companies from the market this month – Amara, Asia Enterprises, Bonvests, Bukit Sembawang Estates, Chuan Hup, Dairy Farm, Delfi, F&N, Far East Orchard, Frasers Property, GK Goh, Guocoland, Hong Fok, Hong Leong Finance, Hotel Grand Central, Hotel Properties, HRnetgroup, Intraco, Jardine C&C, Jardine Strategic, Koh Brothers, Metro, NSL, Pacific Century, Sembcorp Industries, Sing Investment & Finance, Singapura Finance, Stamford Land, Straits Trading, UIC, Wing Tai and Yeo Hiap Seng. I have bought the following companies from the market this month – Asia Enterprises, Amara, Bonvests, Bukit Sembawang Estates, Chuan Hup, Dairy Farm, Delfi, F&N, Far East Orchard, Global Testing, Guocoland, Hotel Grand Central, Hotel Royal, HRnetgroup, Intraco, Jardine C&C, Jardine Strategic, Khong Guan, LHT, Lion AsiaPac, Mandarin Oriental, Metro, NSL, Sembcorp Industries, Sin Heng, Sing Investment & Finance, Singapura Finance, Tan Chong International, UIC and UOB Kay Hian. I have bought the following companies from the market this month – Avarga, Amara, Bukit Sembawang Estates, Chuan Hup, Dairy Farm, Delfi, EnGro, F&N, Far East Orchard, Frasers Property, GK Goh, Guocoland, Hong Fok, Hong Leong Finance, Hongkong Land, Hotel Grand Central, Hotel Royal, Hotel Properties, HRnetgroup, Jardine C&C, Jardine Strategic, Khong Guan, Lion AsiaPac, Metro, NSL, Sembcorp Industries, Singapura Finance, Stamford Land, UIC, UOB Kay Hian, Wing Tai and Yeo Hiap Seng.

 

Old Chang Kee and Tat Seng returned to the list. Old Chang Kee was allowed to operate during the circuit breaker period as they are deemed essential services. It has stopped growing, the management is facing problems, some directors have quit and you are not sure about the merits of the newly inducted directors, and market report about the products is not good. Citigroup Inc (C:NYSE) – Citi unique boutique is trading back over $3.50 which is a good sign. The mix, age, quality of construction and geographical spread of assets show how good management have planned ahead. I will continue to spread my purchases across different stocks at various price points, with focus on deep value stocks and also those who had been sold down significantly due to Covid-19 concerns. The key is still to spread my purchases across stocks and at various price points. STI closes this month at around 2624 points, ending the month on a high note and recovered more than 100 points from last month. I will still continue to focus on less volatile stocks, and selectively increase my stake in more deep value stocks. I have closed my position in Adventus and have also reduced my stake in Ntegrator.