Buy @ $0.915, $0.895
Last day of cbi. Came under selling pressure (same selling pattern as yesterday, likely same responsible group) and dropped to intraday low of $0.885,
- Range = $0.885 to $0.93
- Vol = 2,876,000
- Close = $0.91
For tomorrow, the xbi computation,
|
xbi |
cbi |
|
$ 0.760 |
$ 0.950 |
|
$ 0.755 |
$ 0.944 |
|
$ 0.750 |
$ 0.938 |
|
$ 0.745 |
$ 0.931 |
|
$ 0.740 |
$ 0.925 |
|
$ 0.735 |
$ 0.919 |
|
$ 0.730 |
$ 0.913 |
|
$ 0.725 |
$ 0.906 |
|
$ 0.720 |
$ 0.900 |
|
$ 0.715 |
$ 0.894 |
|
$ 0.710 |
$ 0.888 |
|
$ 0.705 |
$ 0.881 |
|
$ 0.700 |
$ 0.875 |
|
$ 0.695 |
$ 0.869 |
Note : Bonus share also cd for Div = 1ct (xd on 11-Jul).
Am prepared to buy more on dips… 😀
After mkt closed, there was an SGX Annc that AMAT had sold 193,000 shares on 2-Jun @ Avg Price = 95.37ct, which reduced their sake from 6% to 5.95%.
Hmm… for a large co. like AMAT, I wonder why they need the $184k proceeds.. ?? A couple of possibilities,
- AMAT continue to sell yesterday and today, causing the share price to drop (will know from SGX Annc soon)
- Insiders decided to play safe after getting hold of AMAT sales info
If AMAT continues to sell and reduce their stake in UMS, it'd be a negative to me… Still, AMAT and UMS had just signed a 5-yr agreement (according to Maybank report dated Jan-14, refer to FB 'Investment' Page) for 80% of their Endura equipments… Should be ok, unless Endura is going obsolete… More homework to do!