(20 March 2026 Results) How i would invest in the singapore stock market if i had 100k of spare money

 

March (Up till 20th March) 2026 Returns: -7.86%

Year to Date Returns: 4.37%

Since Inception (9 Sept 2020) Returns: 392.59%

As previously mentioned, i would want to make some changes after reviewing the results that have been released on the last day on Feb.

Its has been quite an interesting March with Oil Prices and Semiconductor Hype taking the centrepiece in SGX.

Meanwhile we have seen retracement in other companies which have shown some ytd gains.

I think the big problem that i am thinking is whether we should accept the higher PE of semiconductors / should we get in to the oil exposure / should we cut the overall oil exposure in the portfolio.

It feels like i am going back to 2015 when i just started investing or the 2022 situation. 

But of course its just a feels and its not 10 years series investing where we do what we did at that point of time all is ok.

I took a look at Union Gas but no it will not be added into the portfolio list. From a fundamental analysis point of view, i don't see why we should be buying into it when the liquid fuel segment is loss making in 2H 2025 and 1H 2025.

Its profit making segment is actually gas fuel which did not do well when oil prices are higher in 2022. That was when natural gas is expensive which affected its business too.

I took a look at Ever Glory and also attended their corporate insights (open to public). The Q&A segment was quite insightful. Overall tone is positive. Does not expect much impact to oil prices. Expects revenue and profitablity to be much higher in 2026 as well compared to 2025. 

At a market cap of 282m. Stripping of Other Income, 2H 25 Earnings came in at say around 6m? Even if it doubles and we do like 24m in 2026. Its still 12 PE. Which to me feels inflated.

I think it would be weird to end the post by saying things are down 7% and i feel good and nothing needs to be changed and lets move on. That would sound lazy. 

So the changes are as follows.

Removals 

Far East Orchard - Slowing growth in UK PBSA Segment. 

Trimmed XMH Slightly to frontload.

Additions

Reclaims Global is a speculative position on the back of the positive profit announcement and the slight retracement.

Info-Tech Systems is a new initiation. I think that the academy's 12.3m revenue in 2H 2025 might actually be a new growth engine as more people learn about AI. Subscription revenue is steadily increasing at 13%.

At least the use of AI tells me that the 13800 increase in 2H 2025 is still a low number compared to the amount of people who actually takes skillfuture.