1H2023 has been underwhelming for me. Had a work chat with my sup and grateful that the chat woke up my idea. It wasn't pleasant but at least I am aware now of where I stand. Was so shocked that the previous SHs never told me about my performance, mostly 客气话.
Anyway, I fell into lull period this month mainly cos of work. I forgot what else I did this month. Weird uhh. But general sensing in the market is that expectation of bank rates moved stock prices around. Fund shifts due to the weaker-than-expected economic recovery for China also added more trading to occur in SG market.
I saw that SIA, Sembcorp and YZJ were the biggest bets in June. Rocketing before a correction down to a more realistic level. So much so that Temasek also play TP. I ended up being a bystander for this wave since I chose to save my funds for my house.
My TPH ended up a penny-not-worth-trading stock. Daily volumes not even enough for people to play buy/sell call. Could see it's on a downward trend... How shld I move my positions on this stock? Advice?
And oh. I noticed my CDG opened a window to add. Wow. Share buybacks were even more telling that the price will go up.. Stupid me never add, see la now up 15% from its low this month. Wasted.
In any case, I received a few letters to attend AGM: SIAEC on 20th July at MBS, MIT and Netlink Trust on 19th July afternoon at their respective business offices. Hmm...
Weighing on most investors this month is the US debt ceiling. Personally I don't know how much its going to impact SG markets.
I didn't monitor all my other stock as I felt there's nth much I can do, period. Just wait out the upcoming technical recession and add where necessary. Have saved up a bit of cash so if the opportunity warrants it, I will just enter.