May 2023 Returns: -3.56%
Year to Date Returns: 10.67%
Since Inception (9 Sept 2020) Returns: 57.40%
Nothing surprising as Propnex crashed in the first week of May, fortunately i took some profits off. In other aspects, UMS guided for softening quarters ahead while the general sti is also down in May.
On the results / business updates front, Centurion released acceptable numbers. Powermatic released good numbers as well, i covered it on my facebook post
Poor Consumption Numbers from China but i think it would be better to ride it out then to change it to something else for the current moment.
I will take some time to think about it if there is a need to change anything.
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