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

 

September 2026 Returns: -4.81%

Year to Date Returns: 12.43%

Since Inception (9 Sept 2020) Returns: 430.65%

After 2 negative months, i believe some changes have to be made to chase. 

Firstly i will say that Engro and Hor Kew remains the only untouchable for now. I did not see anything that might indicate a weaker cement demand or any negative news for Hor Kew.

Although traditionally 1H:2H Cement Revenue has always been 40:60 , this might change this year to at 50:50 or 55:45 landscape. 

Some of the 1H increase has been attributed to oil price increase too so it remains to be seen if this trend continues.

I will remove XMH and Infinity Development from the list and re-allocate it to mostly Nam Lee and some into Uni Asia and Soon Lian.

It baffles me that Nam Lee is actually not even 6 PE when this year we should expect higher HDB Completions and HIP in progress is actually at the highest since 2022 March (Covid Hit Period).

Their container segment should benefit too as their client has indicated a much better outlook than forecasted at the start of the year.

XMH faces the lawsuit and the agm was unconvincing to me. Infinity Development has some ok macro shoe export trends from Indonesia and Vietnam but i fear the margins might be affected and their top customer's shoe exports is trending downwards. Despite that, their recent share buyback of close to 5% at current prices do show strength though.