April 2022 Updates

Apr 2022

 

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

S$141,679.18

Purchase

 

None

Sold

4,000 units of MNACT

 

Free shares of AAL, SNDL and WISH

Dividends

 

DBS @ $216

Short-Term Transactions

  

Sold 3 x AMD Put 220429 at $85 strike with $0.82 premium. 

 

Closed early at $0.96 for 1 contract.

 

Closed early at $0.65 for 2 contracts.

 

Summary

SGD portfolio:

  

Sold 4,000 units of MNACT at $1.23. Total profit margin including dividends at about 30.6%.

Portfolio value decreased by about $6K after the sale.

 

Looking to add others when suitable opportunities arise. Was eyeing Ascendas Reit and CLCT.

Syfe Core Growth portfolio:

 

Will probably close this experimental portfolio when the value recovers. It has not been as resilient as I would like it to be.

 

A bear market is a good way to see a portfolio manager's performance. In this case Syfe Core Growth has not met my expectations.

Current TWR at -2.34%.

USD / HKD portfolio: 

 

Made use of the $0 commission from moomoo to sell the following shares won from various contests in moomoo previously:

 

Sold 1 x free share of AAL at $20.14. 

Sold 1 x free share of SNDL at $0.503.

Sold 2 x free shares of WISH at $1.81. 

 

Made a small profit of approximately US$20 in options this month.

 

What a volatile month it has been in the US market. My above options ranged wildly from ~$500 loss to $120 profit sometimes within the same night.

Since the market recovered slightly last night, I decided to close off early and took a small profit as the options have tested the strike price and in fact went ITM several times in the past few days already.

 

Afterall a bird in hand is better than two in the bushes. Capital preservation is more important.

On the other hand I am looking to add several other counters which have reached pretty attractive price levels.

House Keeping Completed

Sold off my MNACT yesterday at $1.23. Including dividends, a yield of ~30.6% is netted. Not too bad for a three and half years holding.

This, together with ESR Reit and Suntec Reit which were sold earlier, completed what I set out to do. The latter's recent run up is 'Ouch' though.

 
Main reason for the selling is their high gearing and the wish to reinvest into higher quality dividend counters.

Moving forward the actions will likely to be buy only unless fundamentals deteriorate for individual counters. 

Mar 2022 Update

Mar 2022

 

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

S$147,984.56

Purchase

 

None

Sold

None

Dividends

 

Ascendas Reit @ $805.38

CLCT @ $217.80

MLT @ $83.98

CICT @ $19.97

Total: $1,127.13

Short-Term Transactions

  

Closed early at $0.02 for 1 x SE Call 220304 at $180 strike with $1.28 premium.

 

Closed early at $0.07 for 1 x SE Call 220325 at $180 strike with $1.28 premium.

 

Sold 3 x AMD Put 220325 at $97 strike. Expired. 

 

Summary

SGD portfolio:

  

Portfolio value boosted by the buoyant local market despite no additions.

Syfe Core Growth portfolio:

 

Still seeing slight negative returns for this month although the gap has narrowed.

USD / HKD portfolio: 

 

No trades in equities for this month. 

 

Made a small profit of US$254.15 (~S$344.09) in my overall option positions in March.

 

Moving forward I will remain cautious and will remain on the side line if I don't see a clear trend ahead.

Also, the treasury yield curve has started to invert recently and this almost always precede a recession so all the more reason to be nimble.