As of 31 January 2023

CDP

Security	# shares	Price S$	%
DBS	300	35.79	2.82
UOB	300	29.83	2.35
OCBC Bank	700	12.93	2.38
SGX	2,700	9.22	6.54
iFast	5,700	5.20	7.79
SATS	3,900	3.02	3.09
ST Engineering	6,900	3.68	6.67
CapitaLand Investment	7,400	3.96	7.70
Micro-Mechanics	8,400	2.48	5.47
Powermatic Data	8,500	2.68	5.98
Nanofilm	15,400	1.44	5.83
TheHourGlass	5,000	2.08	2.73
Vicom	11,800	1.92	5.95
Sheng Siong	13,000	1.64	5.60
ComfortDelGro	11,200	1.20	3.53
Credit Bureau Asia	14,300	0.95	3.57
Genting Singapore	11,700	0.99	3.04
HRnetGroup	21,900	0.81	4.66
HC Surgical	35,500	0.40	3.73
China Sunsine	41,800	0.465	5.11
TalkMed Group	14,500	0.415	1.58
Kimly	27,000	0.345	2.45
Silverlake Axis	15,000	0.36	1.42

Portfolio Market Value = $380,626Trades
- None

SRS

Security	# shares	Price S$	%
OCBC Bank	900	12.93	8.10
SGX	1,300	9.22	8.35
iFast	2,100	5.20	7.60
SATS	2,200	3.02	4.63
ST Engineering	3,000	3.68	7.69
CapitaLand Investment	2,600	3.96	7.17
Micro-Mechanics	3,100	2.48	5.35
Powermatic Data	3,400	2.68	6.34
Nanofilm	5,500	1.44	5.51
Vicom	4,700	1.92	6.28
Sheng Siong	8,700	1.64	9.93
ComfortDelGro	6,900	1.20	5.77
Credit Bureau Asia	5,700	0.95	3.77
HC Surgical	19,500	0.40	5.43
China Sunsine	10,800	0.465	3.50
TalkMed Group	5,800	0.415	1.68
Kimly	5,800	0.345	1.39
Silverlake Axis	6,000	0.36	1.50

Portfolio Market Value = $143,620 Trades
- None

Singapore Savings Bonds

Security	Amount ($)
GX18070N	12,500
GX22120S	14,000
GX23010Z	15,000

Portfolio Market Value = $41,500 Commentary
Throughout January, I was in surveillance mode and did not execute any trade.  China's post-COVID19 re-opening and the first sign of moderation in U.S. inflation brought the animal spirits in investors to drive regional markets higher. SATS reported...