Invest
SRS Portfolio – 17 Oct 2020
By Mr. IPO  •  October 17, 2020
Let's do a quick update on my SRS portfolio. Dividends from UOB Bank   UOB Bank paid out $975 of dividends on 13 Oct 2020 and that brings the total dividends received to-date to $6,783. Acquired 20,000 of Frasers Centrepoint Trust   The sale of Lendlease Global at 69.5 cents on 6 Oct seemed timely as it closed at 67 cents yesterday.  I will review whether I want to reinvest in this counter at a later date. I have "redirected" the cash from the sale into 20,000 of Frasers Centrepoint Trust at $2.34. While FCT seemed to be valued fairly at close to its NAV, the earnings seemed more resilient as the shopping malls are located in suburban areas and are more reliant on local residents than tourists. In a post "Covid" world where working from home is more widely adopted, it is a trend that will benefit from the WFH movement....
Read the full article
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 ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance