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SRS Portfolio – 24 Oct 2020
By Mr. IPO  •  October 24, 2020


UOB Bank staged a strong "recovery" and the losses narrowed from $3k at one point to $1.4k. The big unrealised loss in the SRS portfolio continues to be driven by Starhill at $9k. 
I am quite glad I sold Lendlease two weeks back at 69.5 cents, otherwise, it will be another big unrealised loss at $4k as it closed at 65 cents yesterday. There is a good support at 61-63 cents.   The U.S. markets continued to be in correction mode and that had put a dampener on UMS Holdings as well, falling from a recent high at 1.05 to close at 0.99 yesterday. AEM is still figuring out where it is heading to and may take a while to stabilize.
The cash balance stands at $83,886. Let's see if there are interesting positions to look at in the coming weeks.
Finally Nanofilm launched its...
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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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