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Really gone Crazy – SRS Portfolio @ 6 June 2020
By Mr. IPO  •  June 6, 2020
Following my post about going crazy working from home - I did something really "crazy" this week.
Readers who have been following my blog knew that I have been buying during the Covid-19 "crisis".
March - I bought 50,000 Lendlease REIT at $0.52, 30,000 of Suntec at $1.45 and 50,000 Starhill at $0.50 and followed up with another 50,000 of Starhill at $0.39.
April - I bought 30,000 CapitaCommercial Trust at $1.51 and my shares in Frasers Commercial Trust was swapped into Frasers Industrial and Commercial Trust. I missed out on Mapletree Commercial Trust as well as AIMPS Industrial REIT.
In my May performance update here, my portfolio value was at $299k and my portfolio since inception was ROI of 1.51x and IRR of 6.4%.
This week, I decided to sell out all my SRS positions to lock in the returns. What made me do that?
  • US markets have fully recovered to its pre-Covid status
...
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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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