July 2022 Returns: 3.81%
Year to Date Returns: -11.55%
Since Inception (9 Sept 2020) Returns: 50.75%
The STI has rose by around 2.86% in July. Certain counters in the portfolio have rebounded. Meanwhile, as i only make changes at the end of the month, i did not manage to add Samudera in the middle of the month when i had a one in a million, twice eureka moment. Such things probably will not happen anytime soon especially when i want it to again.
On a more serious note, a couple of companies released their earnings or guidance.
iFast - In what is a depressed market conditions from April to June, it is not a surprise that earnings came in at a depressed level even if the impairment is not accounted for.
China Sunsine - Released a positive profit guidance on 29 July after trading hours, will be interesting to see how it trades next week although i don't think it will have a huge effect since there is...