February 2024 Returns: 3.51%
Year to Date Returns: 2.94%
Since Inception (9 Sept 2020) Returns: 79.47%
Main Companies that gave a positive return include UMS, Straco and Centurion
I believe the returns might look very different if i did the recording on 1st March as many companies reported result on 29 Feb itself.
Nevertheless. lets review the many companies that reported results
Straco - Perhaps the latest addition but i think the results is a big disappointment.
Q3 = 35m revenue and 16.3m profit
Q4 = 15m revenue and 2.9m profit.....
Moving forward, it puts some ? to how we should see and value this.
A company earning 12m per year vs a company earning 65m per year ....the range in between is too big.
Score: 2/10
UMS - Always a stable dividend and results seem to be stable as well. With new factory operational in penang and expectation of uptick in order flow, nothing much to worry about as it has navigated poor semiconductor 2023 very well. Just have...