STI closed lower this month at around 2820 points. Market had been relatively quiet this month with most companies announcing results that were at or below expectations. The strong US dollar and weak crude oil prices had dampened buying interest further. Of course, we also have the concern on Zika virus and its impact on travel to S'pore.
For this month, I have attended the following AGMs/EGMs/briefings - Transcorp and Vibrant Group.
For my top 30 holdings, Best World was again the top performer this month as it continued its good run. Hotel Royal and Keppel T&T also fared well. Colex is a new entry as it continues to benefit from new cleaning contracts. Metro did not do well after it went ex-dividend, with investors possibly worried about its future prospects after realizing most of their developments in China.
I have bought the following companies from the market this month ...
...For this month, I have attended the following AGMs/EGMs/briefings - Transcorp and Vibrant Group.
For my top 30 holdings, Best World was again the top performer this month as it continued its good run. Hotel Royal and Keppel T&T also fared well. Colex is a new entry as it continues to benefit from new cleaning contracts. Metro did not do well after it went ex-dividend, with investors possibly worried about its future prospects after realizing most of their developments in China.
I have bought the following companies from the market this month ...