Shares & Derivatives
SRS March 2017 update
By Mr. IPO  •  April 8, 2017
There is not much update in March except that UMS holdings has actually gone "crazy"! The price started moving after some analysts tout it as the next privatisation candidate. My only "regret" is that i didn't load up on it when i intended to in Jan this year. Procrastination is bad in this case! My SRS portfolio is doing well due mainly to UMS holdings and is up 22%. I have blogged about my purchase of Starhill and Fraser in Feb 2017. In case you are wondering, for the non SRS portion, i am still holding on to the Hyflux Perps (yielding 6%), the Aspial bonds (yielding 5.3%) and the Perenial Bonds (yielding 4.65%)...          ...
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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