SRS Portfolio 17 May 2026 - Full divestment of UMS Integration

I divested my remaining balance of 40,000 shares in UMS Integration at SGD 2.93 on Friday. Didn't manage to sell above SGD 3 but saw a long tail forming and it had a good run since Jan 2026, rising more than 100%. I first bought the shares in 2012 and have since split several times and thanks to the AI wave sweeping this counter and AEM (too bad, no position in that). 

I think the share price is trading ahead of its fundamentals with the PE ratio above 50x and will look to buy back this share later when the share price is at a more level-headed valuation. (Of course, I may be wrong).

The portfolio value + cash (based on the estimated proceeds of UMS) . The SRS portfolio compounded at around 7.7% since inception (2006) and made around 2.23x over its lifetime. 

Happy SRSing!