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SRS portfolio – Election 🗳 Trades ?
By Mr. IPO  •  July 4, 2020
Election is here and this time round, the atmosphere is so dead without the rally and of course it's missing the feisty 花姐 💐 and fearless Teochew uncle. I wish "happy retirement" to the both of them and if I am in the mood, I will share my thoughts on the election in a separate post  ... 😴
Election trades
Readers know that I sold all my shares in early June and have been patiently waiting for the share prices to correct.
Some of them have corrected to support levels and valuations which I am comfortable with and it has been a busy 3-day buying spree for me.
SRS account
I bought the following positions for SRS account. As the positions have not been reflected in my SRS account, I will summarise them below:
  • 1 July - 2,500 UOB at $20.58
  • 2 July - 35,000 Suntec at $1.44
  • 3 July - 100,000 Starhill at 53c
I still have $174k cash in SRS to be deployed.
...
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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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