November 2023 Returns: 2.75% Year to Date Returns: 21.92% Since Inception (9 Sept 2020) Returns: 73.39% A small increase in returns brings the year to date returns to 21.92%. With 1 month to go to end of year, lets see how the portfolio fares. Results Release and Company 3Q Updates have come through for certain companies in November 2023 Powermatic Data - The best of the lot. UMS - Dividend Increase a pleasant surprise while revenue continues to be lower year on year due to semiconductor slowdown which is expected. 3Q 2023 has outperformed 2Q 2023 in terms of profit but as this is due to change of inventories, it might not be worth any cheers. Overall a poor year for semiconductor puts this stock at a valuation of around 8-9 sgd eps which is 14-16 PE. It is a fair price to pay only if earnings does not fall any lower for the next 2 years as we are trading near year highs....