There isn't much activities in my SRS account in Sep except for interest received. I have blogged about my purchase of UMS Holdings in my last update here. The share price of UMS has since moved up since my add-on acquisition of 92 cents. The portfolio value of my SRS portfolio improved to ~$209k.
Hyflux 6% Perps
In terms of non-SRS portoflio, Hyflux Perps suffered a decline in value to around 92 cents after its Q2 results but has since recovered to 94-95 cents region. Many bloggers, have in recent months, expressed concerns on the viability of Hyflux and it is also no secret that they are looking to divest their TuasSpring plants. According to their presentation slides, they are also looking to spin off their consumer lifestyle "ELO" business.
As you may already know, perps is probably one of the biggest "con" job in the industry, ...
