June 2021 Updates

June 2021

 

Local Portfolio Value after market close (excluding USD and HKD)

S$142,981.25

Purchase

None

Sold

None

Dividends

 

MNACT @ $131.96

Netlink Trust @ $204

Ascendas Reit @ $534.85

OCBC @ $86.26 + partial scrips

MLT @ $216.10

ESR Reit @ $80

DBS @ $108

 

Total: $1,361.17 + partial OCBC scrips

Short-Term Transactions

1 x expired AMC Put 210604 24 with $1.06 premium

1 x expired AMC Put 210611 24 with $1.65 premium

1 x expired AMC Put 210618 31 with $1.60 premium

1 x expired AMC Put 210618 40 with $0.58 premium 

2 x expired AMC Put 210625 35 with $0.42 premium

1 x expired JD Put 210625 69 with $1.14 premium 

 

Sold 2 x AMC Put 210716 40 with $1.44 premium  

Summary

01 June 2021 STI Open: 3,187.23

30 June 2021 STI Close: 3,134.22

 

STI closed below its monthly opening for the 2nd consecutive month after 4 months for rise. It also dropped below last month's closing.

 

It could have been worse if not for today's jump in the share price of the 3 local banks after MAS signalled the possibility of dividend payouts reverting to pre-Covid levels. However this is subject to further stress test by MAS before anything will be confirmed.

 

For my SGD portfolio, there is a negligible (slight) drop in value with no transactions done. 

This month I received a total of S$1,361.17 in dividends + partial OCBC scrips.

Didn't make any transactions this month for this portfolio.

 

When I have no time to go through annual reports, I usually as a minimum, try to read the Chairman and CEO message in the reports.

 

Read the messages for MLT and MNACT annual reports last week. Gained some insights from the messages.

 

Have wanted to blog about the summarised results and some of my thoughts but didn't managed to do it so far.

 

Anyway in a nutshell MLT is impressive as usual while MNACT is less so. Outlook for the former is great while that of the latter is more uncertain.

For my Syfe Core Growth portfolio, I am seeing a higher month-on-month return so far with this month's reaching the highest based on TWR. However would be more meaningful to see the returns and review the portfolio when it turns one.

 

Have DCAed into this portfolio yesterday and plans to continue this strategy every month end.

For my USD portfolio, no transactions were made for this month.

 

Currently seeing a 260% paper profit for one of my counters. Will continue to let it run and monitor closely. It has been ranging in a tight band recently and has tested the resistance a number of times which should weaken the level.

 

Might have a chance to break out higher.

 

Collected S$903.23 of option premiums this month with the expiry of 7 Puts in AMC and JD.com.

 

Other than these, I have sold another two Puts this month for AMC, expiring 16/7/2021 with a strike price of $40 and premium of $1.44.

 

As seen above, I am making full use of the volatility in AMC to earn some income. I certainly don't mind if this continues.

 

Usually for far OTM Puts with near DTE, premium is usually quite lousy. But the volatility in this counter means one can continue to get decent premiums even for relatively safe options.

Moving forward I will continue to use options as part of my investment / trading tools to supplement my investable income. 

Although I have been saying that I have not touched cryptos yet, recently I realised I actually have a crypto!

And that is 1.750 of BAT, worth a grand total of USD 1.01 currently. Well at least that is something.