K-Green @ $1.11

Buy @ $1.11. New addition to my portfolio. K-Green was listed on 26-Jun-10 and was given as dividend-in-specie to Keppel Corp shareholders. Based on their DPU projection of 3.91ct for 2H10, the yield just went above 7% at this price. The 'Green' means Environmental friendly types of business like Desalination Plants and Rubbish Incinerators to generate electricity. One of the main attraction to me, beside a min. 7% yield target, is the zero gearing ie. more room for acquisitions. Seller '29' – DBSV, done during 5:05pm matching. 😀 

Time Price Trade size Type
17:05:02 1.110 300,000 Sell Down
16:59:52 1.110 50,000 Sell Down
16:59:52 1.110 4,000 Sell Down
16:59:45 1.110 9,000 Sell Down
16:59:37 1.110 8,000 Sell Down
16:59:30 1.110 10,000 Sell Down
16:59:02 1.120 4,000 Buy Up
16:57:14 1.110 50,000 Sell Down

Leave a Reply