1 Counter on the list I expect to have a strong finish to the year
Uni-Asia Grp - Being a laggard in dry bulk rates, some relief can be seen that dry bulk rates have continued to be strong from July to September. As such it should finally be able to catch up to a higher rate with its renewals. With the 3Q update to be released in November, a 3Q rate that is below 20k will be considered as unacceptable.
The key risk will be any investment losses it might incur from Hong Kong Property not selling as well and any possible dark holes like ship fair value losses from demand shocks that can drive rates down towards the end of the year.
Barring that, management should have a healthy problem of what to do with the profit and cash flow from the segment.
Other than that, i am currently quite bearish with service sector of Singapore in general. The frequent switching of phrases would definitely put them on the front foot and it is 1 sector that i would not be looking to invest in based on a covid view on Singapore.