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.

April 2021 Updates

Apr 2021

 

Portfolio Value after market close

S$147,010.00

Purchase

None

Sold

None

Dividends

 

None

Short-Term Transactions

GME PUT (closed), PLTR PUT (sold)

Summary

01 Apr 2021 STI Open: 3,181.68

30 Apr 2021 STI Close: 3,218.27

 

STI continues to close above its monthly opening for the fourth consecutive month since the start of this year.

 

 

This month's is probably due to the good results from DBS which in turn lifted the share price of the other two local banks as well.

 

I would place closer attention to next month on the market's reaction to the rising cases of local Covid-19 infections.

 

For my SGD portfolio, value increased by 2.25% though I did nothing to it this month. 

This is also largely driven by the rise in share price of the bank counters and partly offset by the fall in Reits.

Current spare cash level is about $10K, which I hope there are opportunities for me to plough into this SGD portfolio in the coming month. 

For my Syfe Core Growth portfolio, I am seeing a small positive return so far though it would be more meaningful to see the returns in the long run.

 

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

For my USD portfolio, I have not done any intraday trading this month.

 

However I have closed the GME PUT that I wrote previously as an experimental first try. 

It is a good experiment with a small gross profit of 5.6% for a holding of about one month. I think what's important is the knowledge gained in this practical trading.

 

Apart from this, I have sold another PUT this month for PLTR, expiring 21/5/2021 with a strike price of $21 and premium of $1.01.

 

I think at this price point there is a sweet balance between risk and reward.

 

I have touched abit on this previously.

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

And no, I have not touched cryptos yet though that was one of my investment aims set earlier this year.

It's tempting to read the enormous gains posted by others in online forums but I prefer to do more due diligence before going into that.

Will definitely update if I forayed into this area next time.