Another round of quick portfolio updates for the month of October as we head towards the last quarter of the year.
What a transition month it has been for stocks from September to October.
Although it may look like most of these stocks were flat month on month, there were many developments that happened across the month which sent some of the stocks like Baba and Ping An to its new 52 weeks low.
Using this as an opportunity, I added a couple more positions in Baba, Ping An and ISHARES HSTECH to average down on my positions. Ping an had also gone for ex-dividend, so I am expecting the dividend to come in on the 25th October later this month.
If you have seen my previous blogpost article, I mentioned that I had expected Baba to hit $130 which is a strong support line but the news on Charlie Munger have sent the share price rebounding earlier than expected. I am still expecting for the share price to retrace towards back and retest the last low once again since it is still in the long term blue trendline so it’s still too early to expect a meaningful rebound for now.
Still, it is good to see that it managed to close above the EMA50 last night on a daily candle so there are a little positives taken out from here.
On a new position update, I have added a small position of New Oriental Education stock in my portfolio which I’ve previously blogged a few weeks ago. This is a wild card turnaround play so the market will reprice when it’s ready to accept the new situation in the market. Until then, I am just expecting this to trend sideways with not much downside expected.
I have also added a new position for my long-term SG stocks portfolio in Elite Commercial REIT. It is a good stable REIT with long WALE and built in escalations which fits in perfectly for my longer term SG stocks portfolio which predominantly consists of dividend paying companies.
Since it is a small portfolio, I have decided to consolidate them together with all my other scrap odd lots counters which I have been holding for a long time (such as OCBC, Ho Bee Land, First Reit, Fraser Logistics, Oversea Education and now Elite Commercial REIT).
Networth Updates:
Net worth updates didn’t change much month on month despite the addition of some of these stocks.
Do note that there was also a deliberate capital injection from the emergency funds back in Aug and Sep which helps to increase the equity networth from that aspect. Otherwise, the equity portfolio simply just returned back to where it was back in Mar.
Still, I am confident that heading into 2022 this portfolio could well outperform the rest, as it has seemingly been beaten down very badly in this year. We’ll have to see if that realization will come true and boost the portfolio returns in months to come.
Meanwhile, if you are looking for ideas of stocks, you may head down and check out this new website called Share and Stock which we are being featured on ourselves, together with the rest of the other good bloggers.
Stay safe and onwards we go.
Hi Brian, thanks for sharing. Just wondering why you prefer Alibaba US over Alibaba HK shares.
Hi JJ
Baba in the US allows me to do some covered calls each week as the option market there is more liquid.
uncle168,
another new wave of delta plus is going to hit us soon from uk where cases are surging again.
this variant escape the immune system increasing risk or reinfection and vaccine escape.
this make our herd immunity strategy useless as elderly die in vain to achieve vtl for foreigners to infect us with new deadly variants.
there is no light at the end of the tunnel as we are in an infinite loop where there is no end until a cure for covid is found.
there is no cure for covid as it mutates quickly to evade both our immunity and vaccines to ensure its own survival much like hiv.
only china, taiwan and hk will survive with their zero strategy.
endemic mode will kill us all as we follow the stupid amdk commiting mass suicide.
the gov will have lockdown soon if delta plus enter sg thru vtl and even booster is of no use to this immune escape variant.
this pandemic will never end, we cannot live with the virus as the virus will kill us all.
its like we are fighting a war sure will die but the gov say got light at the end when there is none.
we will be the part of a lost civillisation when all amdk countries become extinct including sg and the future all countries will be repopulated by tiongs without fighting a single war.
keekeekee
uncle168,
the gov is likely to ban dine in forever as it is the main reason for the surge in serious cases.
the hospitals are overwhelmed and cannot function properly as non essential surgery are banned to reserve beds for covid.
by allowing hcw to take overseaa leave mean the gov is going to lockdown to bring cases down to normalise hospital load before all the hcw resign.
dine in is like sign ktv very high risk as take off mask and should be banned forever.
keekeekee
uncle168,
the overwhelmed hospital has now affected non-covid patient as there is not enough resources to treat other conditions beside covid.
ithis will increase death rate for cancer, heart diseases and renal failure the top 3 killer in sg.
this has overwhelmed funeral service and soon dead bodies will pile up in hospitals.
ironically the high vaccinated rate in sg has caused infection to surge as the vaccine does not seem to prevent a person from being infected.
this means the virus has the opportunity to mutate to become resistant to mrna vaccine in sg much like bacteria becoming resistant to antibiotics as the vaccine does not eliminate the virus in the body.
this is the danger of living with the virus giving it the opportunity to learn how to enter our lungs even when fully vaxed.
reinfection is another problen in endemic mode as the vaccine loses efficiency over time and even booster effect can quickly wane as the virus has evolved to infect and kill vaxed people.
moh message today is clear, please don’t go out or you will die even if you are fully vaxed, the hospital is full, if you go icu or need o2 odds are you will die.
please do not celebrate xmas or new year as it will be your death anniversary.
tomorrow sure more than 20+ die as 71 in icu the highest ever as high as our vax rate.
this sudden surge with great volume means the virus has become resistence to mrna vaccine in sg mutating to be invincible waiting to be exported to vtl amdk countries to kill them all as hcw can take overseas leave liao.
the sg variant with the highest vax rate in the world will end this pandemic via vtl killing all amdk countries whom believe in endemic mode.
that is when freedom day will come.
when the only light you will see is the white candle light beside your funeral photo.
when all of us are dead and lky is once again our great leader in hell together with hsk his favourite ps.
keekeekee
uncle168,
going endemic is a wet dream that will turn into a nightmare.
the bottleneck is our overwhelmed healthcare capacity which is the lowest in the world due to our high population density and high proportion of elderly.
the gov say can handle 10K daily case but 0.2% (20 elderly) will end up in icu and 0.1% (10 elderly) dead.
this is already happening as about 20 elderly is added to 02 and icu beds and about 10 elderly uplorry on a daily basis.
the vtl will bring in more deadly variant of covid which will kill more segment of the population besides the elderly even with pcr test as past infection are not detected and is still transmitable.
the result of doing nothing now is more elderly will die of covid and non-covid disease as non critical surgery are held back increase the death rate beyond covid deaths.
the long term strategy of the gov should be to normalise hospital capacity so it can operate with sustainable load, minimise death rate and bring down cases to near zero until a cure for covid is found.
the endemic strategy used by the gov and amdk is mass suicide.
we cannot live with the virus as the virus will kill us all via reinfection via constant mutation to survive against high vaccination rate which doesn’t kill all the virus in the body instead allowing it to spread rapidly in the community.
the gov knows a lot of elderly will die in endemic mode that is why they stopped pap meet the session to protect their own party elderly members.
it is crazy to open up vtl to countries which have new deadly variants that will increase our infection and death rate when the vaccine have proved to be useless after 2 to 6 months and the effect of a booster is still unknown as it may wane at a faster rate as the body has gotten used to the vaccine and the boost may only last 3 months while a 4th jab may render the body immune system total switch off when it encounter the virus which would mean a 4th jab would mean instant death if infected with covid as the body treat the virus as friend and doesn’t attack it at all.
the gov do not want to change its old ways of running the economic with free flow of cheap foreign migrant workers to build the properties that rich people buy filling the gov coffers via land sales enabling million dollar ministars doing nothing.
the gov was willing to exchange elderly lives for their million dollar salaries.
this cannot be right.
the gov has to accept that this is no longer possible as there is no cure for covid.
soon many pap elderly minister will die of covid if they don’t act now.
the waning effects of the booster is likely to accelerate as the body get used to the vaccine making infection after 3 months deadly.
we have to go back to near zero case strategy used by china, hk and taiwan.
we have to liquidate sia and send the ceca pilot back to eat banana.
we have to tell f&B to switch to taobao and ban dine in forever as the risk of dine in is the same as ktv which has been banned.
once we ban dine in forever and stop vtl cases will drop to near zero and elderly will stop dying.
elderly can go back to the hospital for their non critical surgery and healthcare workers lives can go back to normal.
if we take the middle path many elderly will die, how much money can we earn from the vtl in exchange for the pioneers lives?
this is wrong.
we are killing our pioneers so our minister can earn a million dollars.
how can our gov sleep at night?
god speed
keekeekee
uncle168,
covid death is actually random if you look at the statistics.
now that almost all are vaxed you see more vaxed people die.
in fact almost all types of people be it vax or unvaxed, young or old, with or without underlying conditions have died of covid.
but there is one constant which is 0.2% will die out of all that take pcr test.
this % is likely to rise as most vaxed infected people are art tested at home and not counted.
as the gov has done nothing to reduce infection, the number of infection is likely to double by the end of nov.
we will soon see daily death rise to 100 as the gov refuse to ban dine in.
vtl is the game changer as it introduce new deadly variant into sg that can accelerate death rate.
in nov we are likely to see children die of covid as the number of infection surge, the odds of random death to vaxed youth and children increases as infection doubles monthly.
endemic simply means more people will die because the gov has given up.
these people didn’t have to die had the gov banned dine in.
nursing home deaths occured because staff were infected via dine in.
our healthcare system is now overwhelmed and the funeral service is next in line.
the gov is just waiting to see the first vaxed minister die of covid before they ban dine in and vtl.
covid death is random and as infection surge the odds of dying is 0.2% of pcr tested.
its now like a casino game, dying of covid is random and the odds are increasing because of vtl and endemic strategy increasing rate of transmission.
keekeekee
uncle168,
the gov is expecting 2000 tp 500 death per million population to reach herd immunity assuming that infection would peak and start to come down.
that means the gov is willing to let 12000 people die to test if herd immunity works for covid.
this is the new kpi for oyk, he has 11700 more people left to kill.
infortunately covid is not a virus created by nature.
it is a bio weapon created by china.
there is no cure for covid.
endemic european countries are seeing infection and death rate rise again in a 4th wave in winter.
many will lockdown again soon as the booster effect is expected by uncle168 to be short lived as the body now treat the vaccine as friend and will not attack the virus when infected leading to instant death.
we already have a few cases of booster death making this a possibility that booster affect our own immune system from functioning properly.
our middle strategy is the worst strategy to manage the pandemic.
we are using elderly lives as gambling chips thar herd immunity would work when the reality is that new variant imported via vtl would start new waves of infection decimating our population which already have so little people of 3 million citizens.
i predict a deadly variant imported via vtl would spread in nov leading to a full lockdown in dec.
the vaccine would be totally useless as the virus has learnt how to survive in a highly vaxed population.
no one knows how long the booster will last and whether herd immunity would work but the gov is willing to place a bet with our lives.
the irony of vtl and allowing the virus to spread without lockdown will cause the hospitals to shutdown and nobody will dare to come to singapore.
the idiot that came up with this strategy must be looking at his cpf instead of the hospital backlog of non covid patient.
we would end up with 24000 deaths as non covid patient all up lorry waiting for surgery as the pandemic will never end.
the virus mission is to kill every one on earth.
the only way to stop it is total isolation.
any other strategy is mass suicide.
its as simple as that.
lives or money?
our gov choose money.
so be prepared to lose our lives as covid death is random and the odds increases next month with vtl and border opening.
god speed
keekeekee
uncle168,
whether you are vax or not and end up in icu is irrelevant as the main reason why these people end up in icu is because they are elderly and has multiple existing chronic conditions.
moh logic is if you vote for opp you will die of covid but if you vote for pap you are less likely to die.
moh is trying very hard to corelate small absolute different in numbers to justify the vaccine is working when it is not.
a working vaccine would like bcg and smallpox vaccine.
covid vaccine is not working.
almost all the people that ends up in icu are old and have multiple chronic disease, this is the real reason and not related to vaccination status.
this means the vaccine only works when you are young but most young people don’t need the vaccine as their immunity is high.
all the young migrant workers living in dorms last were unvax and none of them end up in icu or died.
on the other hand most frail and old avoid the vaccine hence the unvax icu is higher than vax.
this does not mean the vaccine is working.
a working vaccine means the virus should not be spreading rapidly in the community when almost everyone is vaxed.
it also means vaxed elderly should not be allowed to dine in nor socialise as their risk of ending up in icu or death is high.
none of our measures address this weak link to icu cases and death.
that is why nowadays you find all the rc closed and you cannot find a single pap mp in sight.
all the pap mp and minister have gone into hiding and no more mps.
its ironic they tell us to live with covid then they go and hide.
they are using us aa human shield to achieve herd immunity.
after 24000 elderly die then they will come out and claim creditb for achieving herd immunity and say sorry to all the innocent elderly that lost their lives for nothing.
the increasing number of icu and death is due to the gov allowing the virus to transmit rapidly in our community via home quarantine, dine in and schools.
the crazy belief the infection will peak is insane.
we will have so many dead people they have to burn together with rubbish in tuas.
the healthcare workers will all resign and we will end up with empty hospitals.
everyday elderly will not only die of covid they will also die because their treatment in the hospital is delayed because of no beds for surgery..
the health minister is crazy, he has to think of the entire healthcare framework and priority is to normalise it.
instead he is trying to kill all the elderly and healthcare workers by allowing the virus to spread rapidly in our community.
i expect more than 100 death a day to be the norm soon.
the pap will only stop when their own people die of covid.
let us pray this will happen soon or we will all end up dead.
god speed
keekeekee
uncle168,
the bloomberg forum divides the rich from the poor.
it is like the f1 races that no singaporeans wants in singapore.
it amplifies “All animals are equal, but some animals are more equal than others”
i hope the delegates from 51 countries kanna the sg variant and nobody will ever dare to come to singapore again.
keekeeke
uncle168,
ncid exe dir Leo Yee Sin never say anything for 1 month liao.
i believe she does not agree with endemic as many innocent elderly will die just to allow foreign amdk to party in sg but stinkies all stay at home.
her experience in aids and sars worries her as she sees similiarties in covid with both combined.
she is the most experienced and keeping quiet while the other newbie experts were still drinking milk when she was dealing with outbreaks in singapore many decades ago yanking away echoing the gov endemic rubbish.
this is worrying the health minister is more concern about the economy than the lives of its people because his father in law is a property developer.
in the next few weeks almost all the dead will be fully vaccinated elderly.
the daily death will be in the hundreds and even in thousands as hospital shutdown as staff all resign due to fatigue.
even the funeral staff all resign as bodies stack up outside hospital nobody dare to clear.
the pandemic have exposed our addiction to foreign workers, the wp once you give them money they keep quiet, the healthcare management cares more about their own promotion then the well being of the frontline healthcare workers.
our healthcare system cannot cope with endemic due to our dense and elderly population and low number of beds per capital.
the medical directive is top down from my experience in polyclinics and hospital visits for the last 20 years.
the people who rises in public healthcare are those that whom are quoted in medical journals and follow gov narratives not those that truely cares for patients and fellow healthcare workers.
i’ve seen senior polyclinic doctors leave for private practise as they see no hope in the top management and existing staff echoing that complaining is useless as all have to obey orders from the top even if it is stupid.
that is why people inject 1 whole bottle of vaccine to one nec staff and recently only 10% per dose in a polyclinic because the corporate culture is to take ordes and don’t ask questions even if you know something is wrong.
the 2 year lockdown also means no cataract surgery unless you are going blind.
yes that is what the hospital doctor told me the medical directive from moh is unless you cannot see then they will operate and that is order from the registrar.
even the doctors don’t dare to question the top as most of them are bonded to moh, this is very bad for our healthcare system.
a good healthcare system should be bottom up when the doctor and nurses voice out and the management use the resources allocated by the gov to implement solutions to these problems.
our healthcare system has broken down ever since tony tan became the health minister and became worst when penang cow came in and now it is completely finished by oyk.
it is now totally driven by greed.
the polyclinic dare to put consultation orignal price is $50 when you go private gp where got so high?
the only people benefitting are the moh management and insurance agents.
god speed
keekeekee
uncle168,
endemic means covid become stronger after each wave of infection as it learns to evade a highly vaxed population and kills rapidly as booster affect the natural immune system and wipe out the human race because of the stupidity of its leaders.
there is no herd immunity as this virus is not from nature and many will die if the gov don’t lockdown permanently until a cure is found.
keekeekee
uncle168,
all 14 death today are fully vax elderly
with chronic conditions.
it proves that the vaccine is totally useless.
we need to lockdown to prevent more elderly from dying.
that means banning vtl and dine in now.
we only have 60 icu beds left.
all critical ill above 60 beds will have to die including pap elderly ministers.
that is why hc is talking about ice cream with his aon as endemic is mass suicide.
hc is the one selling vacxine snake oil for the past 2 years.
without cpf and state land sale temasek and glc would have gone bankrupt decades ago.
keekeekee
uncle168,
how the hell did covid start a cluster at imh?
keekeekee
uncle168,
10 year mop and % of resale price clawback will only push prices of prime hdb flats towards $2m.
people are buying hdb flats to operate like hotel to malaysian foreign workers.
once the causeway reopen hdb flat prices will plunge as nobody will rent as jb rooms are 1/3 the price.
the gov has to totally delink bto flat prices from market forces by only allowing sale of flats back to hdb at purchase price less yearly depreciation.
ever since pr can buy resale flat and can rent out like hotel, hdb flat price just kept rising.
the public housing policy should not use up all of the cpf money as our retirement will be based on the fate of the resale and rental price of hdb flats.
it is best if we can rent hdb flat for 99 years at a monthly rate fixed today rather than buy the entire lease now.
no singaporean should have the entire cpf locked up to pay for a hdb flat leaving nothing for retirement.
this is very important as the gov has stated very clearly once the hdb lease runs out the flat is worthless.
this is something lky never mentioned in his lifetime.
keekeekee
uncle168,
after unvax ban from mall and hawker centre cases surged today by 2k cases and moh stopped reporting vax status of death.
i notice the surge today came from the age group 20 to 50 whom are relatively young but got sick enough to get pcr test.
it is likely the surge is due to a new variant brought in via the vtl.
pcr cannot detect past infection so the new variant likely spread in malls, cinemas, dine in as gov allow vaxed people to spread the virus hoping to achieve herd immunlity.
if i am right and this variant is the latest version a30, the vaxine is useless against it and many healthy vaxed adults will die.
the bloomberg forum is likely to be cancelled if i’m right and sg be become the epicentre of the 4th wave spreading the enhanced sg delta a380 pro max ultra invincible mode variant to the rest of the world.
i repeat the vaccine is useless, endemic is mass suicide and the only solution is total isolation strategy used by china.
the virus has learnt to totally evade the vaccine and will soon start to kill healthy young adults.
ironically the vaccine has helped the virus to evolved to become invincible just like how bacteria becomes antibiotics resistence.
better write your will and book your funeral package.
bedok already got promoter selling private columbarium niches.
keekeekee
We are all optimists, we will get through this.