October 2024 Returns: 3.48%
Year to Date Returns: 27.84%
Since Inception (9 Sept 2020) Returns: 122.87%
October remains a muted period.
There are changes that are being made and the new portfolio will be as follows.
Exits:
Huationg Global: As previously mentioned , I have decided to exit the position in-line with what i have done for my personal finance and after thinking through. I remain unsure how the company's costing structure will be for the 4 months after the dormitory operations has ceased as there will be fixed cost that might balloon depending on corporate decisions.
If they control the costing well, i might want to re-enter if the margins for other segments hold up / show improvement. There is also the factor that they are stronger financially and still might be able to have dormitory gigs as they mentioned that they are still on the lookout.
But i rather be on the safer side of things and wait till the full year results to reassess....