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

 

August 2024 Returns: 5.29%

Year to Date Returns: 13.11%

Since Inception (9 Sept 2020) Returns: 97.20%

August turns out to be good and portfolio records a positive return

Main Attributers would be Centurion, Huationg, Moneymax

There is just too much results reporting in August so i will just point out a few.

UMS = Cyclical in Nature, continue to await the upturn

Moneymax = 64% increase in profit YOY. No surprises there as gold prices soar.

Tat Seng Packaging = Gross Profit Improvement and better net profit is in line as this is seen in its China Peers already

Haw Par = 1H 2024 better than 2H 2023. Dividends still the same unfortunately. 

Centurion = Pretty In-Line Results. The expectation is that growth will be higher in 2H due to more positive rentals revision seen down the road. 

Wee Hur = Need a bit more time to break this down, it is decent but will need more time to decide if this can be a potential 2025/2026 multibagger

Overall, due to a rather busy August, I have decided to keep things as they are for the time being. But for sure I have been thinking abt 1 or 2 changes here and there.