April 2024 Returns: 5.38%
Year to Date Returns: 5.31%
Since Inception (9 Sept 2020) Returns: 83.59%
In April, there were many AGMS. Among the counters above, i have only attended Centurion and Huationg Global.
Ironically both stocks have also seen a positive return in April. I will probably have to think more much about Huationg before coming up with a more detailed write-up when i have thought long about it and have some time to write more in detail.
For Centurion, the agm is pretty easy and there were not a lot of tough questions.
2 question that qualified for financial analysis level questions was
1) The prevailing rates in the market and Centurion's current rental rates.
2) Centurion's response to the Newspaper Report of Student Dormitory Bed worth 200k as per Mapletree Investments
Prevailing is 500-600 and Centurion is 500-550 if i did not hear wrongly.
If we look at the Q4 rates, they are around 370-400? Based on my calculations.
Therefore maybe we can see maybe at least 10%...