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Bench marking myself against STI and World Index:
Year to date:
STI index: -18.83%
World Index: -9.13%
My Portfolio: -7.72%
Three years trailing:
STI index: -17.48%
World Index: 6.06%
My Portfolio: 9.58%
Year to date I outperformed STI by 11.11% and World Index by 1.52%. Three years trailing, I outperform STI by 27.06% and World Index by 3.52%.
Portfolio composition:
Transactions:
Sold off my Prada(HK:1913)(20% gain) Purchased Fu Shou Yuan(HK:1448) and Alibaba(HK:9988). Added more Sinopec(HK:386) and APT Satellite(HK:1045)
Commentary:
Apt Satellite(HK:1045) will be launching their Apstar-6D satellite into space orbit by mid June 2020(link here and here). In April 2020, The Long March 3B launcher, that will be used to launch Apstar-6D, failed en-route to space(link here). Apstar-6D is the first HTS satellite optimized for satellite broadband mobility service in the Asia Pacific region, this is a "growth satellite" that they need to diversify out from the competitive transponder market. Interesting to see how it pans out.
Took an initial...