(July 2024 Results) How i would invest in the singapore stock market if i had 100k of spare money

 

July 2024 Returns: -3.44%

Year to Date Returns: 7.44%

Since Inception (9 Sept 2020) Returns: 87.30%

Nowhere to hide as July proves to be a poor month for the portfolio and for my health as well. Had a bad fall and my right hand is currently unable to even hold my phone for 2 minutes.

GKE did really badly, i am surprised with the logistics margins especially considering there is increase in dangerous goods storage in 2H.

Haw Par surprised as there is a research report on it. Centurion continues to be appreciated by some investors(i guess) which led to its share price to appreciate close to 9%.

Huationg Global did badly, i talked about it in my previous post titled 'Biggest Loss in A Day' as such i will still continue to hold at least 1 more month and reassess the results.

So......the question will be..........is there any changes to be made to the portfolio again? Especially with the earnings season on the horizon.

Yup, lets make a change......after all with -3.44% in July......i doubt it will get worst.

I think the change will be to remove GKE and add a familar name back. Tat Seng Packaging will be added to the list as the china listed peers have done well for 1Q 2024 and currency remained stable within 1% in the past 6 months.

Dividend have been increasing in past years and finance income has went above finance cost in 2023.

In 2024, Corrugated Paper Prices remain low but stable 2600-2900 levels. Compared to pre-covid where it was 3000-4500 and during 2020/2021 prices were from 3200-4700.

With that, hoping for a better august.