STI ended the month at around 2850 points, losing much more than the lost ground gained last month. Markets continued to be weak, with the likely US rate hike plus weakness in China market due to investigation in the country's largest brokerages. Also in S'pore, expected weaker growth and lower corporate profits plus MAS warning on risks for local lenders doesn't help market sentiments.
For this month, I have attended the following AGMs/EGMs/briefings - Albedo, Petra Food, Sunright, Vicplas and Khong Guan Flour Milling.
For my top 30 holdings, Sarine Technologies was again a big mover downwards as the selldown continues. Old Chang Kee performed well as their half year results was good. Cash flow remains strong. Bonvests held up well against the market selldown as their investment in Cordlife is expected to yield positive results in this financial year.
I have bought the following companies from the market this ...
...For this month, I have attended the following AGMs/EGMs/briefings - Albedo, Petra Food, Sunright, Vicplas and Khong Guan Flour Milling.
For my top 30 holdings, Sarine Technologies was again a big mover downwards as the selldown continues. Old Chang Kee performed well as their half year results was good. Cash flow remains strong. Bonvests held up well against the market selldown as their investment in Cordlife is expected to yield positive results in this financial year.
I have bought the following companies from the market this ...