My Portfolio Jun26

Summary for June 2026

My Portfolio @ End of Jun26

Jun26 was not a good month as my portfolio lost 3.5% and KLCI retreated 1.1%. 

All the stocks in my portfolio either dropped or remained unchanged in this month except KFIMA which rose 2.6%.

JHM fell heavily at 18.6%, probably next quarter's result might not be good.

Hiaptek also dropped 9% due to a poor FY26Q3 result. Its quarter revenue and operating profit actually improved both YoY and QoQ but the share of profit of its JV dropped tremendously from RM70.6mil to merely RM6.2mil QoQ.

The poor performance of its JV (Eastern Steel) was mainly due to forex loss despite a steady operating performance.

Overall, the steel price still stays soft which is not good to Hiaptek's own business.

Scientex's FY26Q3 result is commendable with revenue and PATAMI of RM1.12bil and RM142mil respectively (EPS 9.14sen).

It is on course to another record-breaking year in its FY26 ended Jul26.

Interim dividend of 6sen remains unchanged. An annual dividend of 12sen is expected for FY26, translating into a dividend yield of 3.2% at share price of RM3.75.

Brent oil price has dropped to USD70/barrel in early July but rebounded sharply toward USD85/barrel after both the US and Iran restarted bombing each other.

Jet fuel price has initially retreated massively to USD110/barrel from a high of over USD200/barrel but it has gone over USD120/barrel now.

AAX (now AAGB) faces tight cash flow issue and has to defer payment to aircraft leasing firms and engine maintenance firm Rolls-Royce.

All these events resulted in the fall of AAGB's share price from RM1.35 to RM1.10 again.

It is widely anticipated that its financial loss will deepen in the next quarter of FY26Q2. If Brent oil price revisits and stays above USD100/barrel, then AAGB might be in big trouble.

In its latest FY26 annual report, EUPE mentions that all its pending new projects will only be launched in calendar year 2027.

These include the Circadia Belfield (2HCY27, GDV RM1.0-1.2bil), Edgewater Estate (CY27, GDV RM700mil) and Bangsar project (1HCY27, GDV RM300mil).

The commercial component of Edgewater Estate has started but I think it does not generate any sales.

Its latest KV project Est8 @ Seputeh has been completed in May26, so EUPE will surely suffer loss in its FY2027 from Mac26 to Feb27 without a running development project.

This is the main reason its share price fell from 90sen to 70sen in the last 3 months.

When I invested in EUPE, I expected it to launch its Belfield project in 2024... may be I should have sold its shares earlier when it keeps delaying the launch.