June 2022 Returns: -5.87%
Year to Date Returns: -14.80%
Since Inception (9 Sept 2020) Returns: 45.21%
The STI has declined by around 4% in June. I am somewhat surprised that certain counters continued to decline in June.
I have to apologize because i was too occupied with planning for my Korea trip and the trip itself that i have neglected some parts of monitoring of the portfolio.
(The trip itself)
On a more serious note, i do not have any urgent concerns with regards to the holdings.
Propnex - Property Sales remain mixed. New sales is up in May while resale hdb volume is down 5% from April. Increase in million dollar resale flats from 22 in April to 30 in May while resale prices rise for 23rd month straight.
The following months should be tougher with interest rate backdrop.
Powermatic Data - Results was ok as previously mentioned, with huge cash pile, i would consider adding this should it come down as it will be able to benefit from...