SRS Portfolio - 31 Jan 2021

The SRS portfolio has been pretty boring when compared to what is happening elsewhere where retail investors are causing a "headache" to regulators who are more used to orderly stock price movements. You can read the story about Gamestop on Wall Street Journal here.

This game is going to stop (pun intended) somewhat and will end quite badly for punters and speculators while Keith Gill is laughing to the bank (if he knows when to get out). His $59,000 investment has turned into tens of millions. More interesting in the picture below is that he is using a "secret lab" chair and has done Singapore proud (free advertisements)! Well done Secret Lab founder! 

The SRS portfolio continued to show a small gain while the losses from Starhill narrowed. I may rebalance my position in Starhill if it recovers further and move to other counters. Having said that, the SRS portfolio is still sitting on a cash balance of $188k, which I can be deployed. 

Maybe I can find more interesting counters when the market finishes with its correction. So long for a lazy afternoon . . .    happy SRSing