OCBC @ $12.50

Sold @ $12.50. Bank shares have risen a lot after the govt announcement on relaxation of property financing. Since 8-Jul,

  • DBS +1.60
  • OCBC +1.10
  • UOB +0.70

I think it’s better to sell 1st as the prices are too fwd looking. My OCBC was converted from OCBC Rights, which I bought cos’ of a very small arbitrage in price. Original tgt to sell was $11.80~$12.00 for a $0.30~$0.50 gross profit but fortunately, due to the long time taken by OCBC to process the subscription, the price has exceeded my tgt 😀

Saw a report fm CitiGroup after selling. Their tgt price for DBS ($15.75), UOB (15.00) and OCBC ($13.35). Now, DBS ($15.80), UOB ($14.90) and OCBC ($12.50). Thus, only OCBC still have room to go up!

Weekly Summary

The weekly summaries are compiled here. Data from 15-Jul and earlier are taken from my original blog, TalkStock.

===================================================================

Weekly Summary : 19~23-Sep

1. Prices

  • SPH : 4.64-4.68 (4.64)
  • SingTel : 2.43-2.48 (2.45)
  • Creative : 13.10-13.50 (13.10)
  • CCT : 1.44-1.47 (1.47)
  • Suntec : 1.12-1.15 (1.13)
  • OCBC : 6.15-6.25 (6.15)
  • Raffles Hldgs : 1.04-1.05 (1.04)
  • Metro : 0.585-0.615 (0.585)
  • MapleTree : 0.97-0.98 (0.98)
  • SuperCoffeeMix : 0.425-0.44 (0.44)
  • Thomson Medical : 0.19-0.205 (0.205)
  • UTAC : 0.64-0.67 (0.64)
  • GTC : 0.255-0.27 (0.27)
  • K1 : 0.315-0.35 (0.345)
  • Prime : 1.03-1.05 (1.05)
  • PBank F : 6.75-6.80 (6.80)

2. Transactions

  • Metro : Buy @ $0.585 on 22-Sep

3. News

  • 20-Sep : Prime listed at 2pm

===================================================================

Weekly Summary : 12~16-Sep

1. Prices

  • SPH : 4.56-4.66 (4.64)
  • SingTel : 2.56-2.61 (2.56)
  • Creative : 13.40-13.70 (13.40)
  • CCT : 1.45-1.50 (1.45)
  • Suntec : 1.12-1.15 (1.12)
  • OCBC : 6.20-6.30 (6.20)
  • Raffles Hldgs : 1.04-1.06 (1.05)
  • Metro : 0.56-0.605 (0.605)
  • MapleTree : 0.965-0.98 (0.98)
  • SuperCoffeeMix : 0.43-0.435 (0.43)
  • Thomson Medical : 0.185-0.195 (0.19)
  • UTAC : 0.665-0.675 (0.665)
  • GTC : 0.255-0.265 (0.26)
  • K1 : 0.305-0.32 (0.31)
  • PBank F : 6.70-6.85 (6.75)

2. Transactions

  • Thomson Medical : Buy @ $0.185 on 12-Sep
  • SPH : Sell @ $4.60 on 13-Sep

3. News

  • 13-Sep : Prime launches IPO
  • 15-Sep : A-REIT xo
  • 16-Sep : CMT 1-for-10 + New Shares, xo in 12-Oct
  • 16-Sep : ST article on Suntec having problem with MAS approval for acquisitions

===================================================================

Weekly Summary : 5~9-Sep

1. Prices

  • SPH : 4.46-4.52 (4.52)
  • SingTel : 2.50-2.59 (2.59)
  • Creative : 13.20-13.80 (13.80)
  • CCT : 1.47-1.51 (1.49)
  • Suntec : 1.15-1.16 (1.16)
  • OCBC : 6.20-6.25 (6.25)
  • Raffles Hldgs : 1.04-1.05 (1.04)
  • Metro : 0.555-0.565 (0.555)
  • MapleTree : 0.98-0.99 (0.985)
  • SuperCoffeeMix : 0.43-0.44 (0.43)
  • Thomson Medical : 0.18-0.185 (0.185)
  • UTAC : 0.64-0.655 (0.655)
  • GTC : 0.25-0.28 (0.265)
  • K1 : 0.295-0.31 (0.305)
  • PBank F : 6.70-6.85 (6.80)

2. Transactions

  • K1 : Buy @ $0.31 on 5-Sep
  • GTC : Buy @ $0.25 on 8-Sep

3. News

  • 5-Sep : GTC announces mid-year results

===================================================================

Weekly Summary : 29-Aug~2-Sep

1. Prices

  • SPH : 4.44-4.52 (4.48)
  • SingTel : 2.58-2.63 (2.61)
  • Creative : 13.00-13.90 (13.70)
  • CCT : 1.45-1.52 (1.52)
  • Suntec : 1.15-1.16 (1.15)
  • OCBC : 6.20-6.30 (6.25)
  • Raffles Hldgs : 1.04-1.06 (1.05)
  • Metro : 0.545-0.56 (0.56)
  • MapleTree : 0.965-0.995 (0.985)
  • SuperCoffeeMix : 0.435-0.44 (0.435)
  • Thomson Medical : 0.185 (0.185)
  • UTAC : 0.635-0.655 (0.645)
  • GTC : 0.28-0.29 (0.28)
  • PBank F : 6.75-6.95 (6.75)

2. Transactions

  • GTC : Buy @ $0.285 on 29-Aug
  • Metro : Buy @ $0.545 on 29-Aug ; Contra @ $0.555 on 1-Sep
  • PBankF : Sell @ RM6.95 on 30-Aug ; Buy @ RM6.80 on 2-Sep

3. News

  • 30-Aug : Creative announced patent awarded on 9-Aug

===================================================================

Weekly Summary : 22~26-Aug

1. Prices

  • SPH : 4.48-4.52 (4.46)
  • SingTel : 2.62-2.70 (2.62)
  • Creative : 12.00-12.90 (12.90)
  • CCT : 1.42-1.49 (1.48)
  • Suntec : 1.11-1.17 (1.17)
  • OCBC : 6.20-6.30 (6.25)
  • Raffles Hldgs : 1.03-1.04 (1.04)
  • Metro : 0.545-0.555 (0.545)
  • MapleTree : 0.97-1.00 (0.97)
  • SuperCoffeeMix : 0.44-0.445 (0.44)
  • Thomson Medical : 0.18-0.185 (0.185)
  • UTAC : 0.665-0.675 (0.665)
  • GTC : 0.275-0.295 (0.295)
  • PBank F : 6.85-6.90 (6.85)

2. Transactions

  • Super CoffeeMix : Sell @ $0.445xd on 22-Aug
  • UTAC : Contra @ $0.645 on 22-Aug
  • CCT : Buy @ $1.42 on 22-Aug ; Contra @ $1.44 on 23-Aug
  • Suntec : Buy @ $1.12 on 23-Aug ; Contra @ $1.16 on 26-Aug
  • GTC : IPO @ $0.30 on 23-Aug ; Buy @ $0.28 on 24-Aug
  • Thomson Medical : Buy @ $0.185 on 26-Aug
  • SPH : Buy @ $4.46 on 26-Aug

3. News

  • 24-Aug : GTC listed
  • 25-Aug : A-REIT to acquire 3 properties for a total of 70.25 mln sgd
  • 25-Aug : Wing Tai Holdings confident its planned sale of Parkmall shopping mall to Suntec will be completed by the end of this year
  • 25-Aug : First independent REIT, Cambridge REIT to list here

===================================================================

Weekly Summary : 15~19-Aug

1. Prices

  • SPH : 4.48-4.52 (4.52)
  • SingTel : 2.61-2.66 (2.65)
  • Creative : 11.80-12.20 (12.20)
  • CCT : 1.46-1.52 (1.46)
  • Suntec : 1.15-1.17 (1.15)
  • OCBC : 6.15-6.25 (6.20)
  • Raffles Hldgs : 1.02-1.07 (1.06)
  • Metro : 0.53-0.555 (0.555)
  • MapleTree : 0.96-0.995 (0.965)
  • SuperCoffeeMix : 0.44-0.455 (0.45)
  • Thomson Medical : 0.185-0.19 (0.19)
  • UTAC : 0.63-0.645 (0.63)
  • PBank F : 6.75-6.95 (6.95)

2. Transactions

  • Thomson Medical : Buy @ $0.185 on 16-Aug
  • Metro : Buy @ $0.545 on 16-Aug ; Contra @ $0.555 on 18-Aug ; Buy @ $0.545 & Contra @ $0.555 on 19-Aug
  • Super CoffeeMix : Contra @ $0.445 on 17-Aug
  • PBankF : Buy @ RM6.80 on 18-Aug
  • UTAC : Buy @ $0.64 on 18-Aug
  • Thomson Medical : Buy @ $0.185 on 19-Aug

3. News

  • 17-Aug : Prime REIT to be launched mid-Sep

===================================================================

Weekly Summary : 8~12-Aug

1. Prices

  • SPH : 4.48-4.62 (4.48)
  • SingTel : 2.62-2.71 (2.62)
  • Creative : 12.00-12.90 (12.00)
  • CCT : 1.51-1.54 (1.51)
  • Suntec : 1.17-1.18 (1.18)
  • OCBC : 6.20-6.40 (6.20)
  • Raffles Hldgs : 1.02-1.03 (1.02)
  • Metro : 0.535-0.545 (0.54)
  • MapleTree : 0.97-1.00 (0.995)
  • SuperCoffeeMix : 0.44-0.445 (0.44)
  • Thomson Medical : 0.185-0.19 (0.185)
  • PBank F : 6.75-7.00 (6.80)

2. Transactions

  • SuperCoffeeMix : Buy @ $0.445 on 8-Aug & $0.44 on 12-Aug
  • A-REIT : Contra @ $2.30 on 10-Aug

3. News

  • 8-Aug : SuperCoffee Mix Q2 Net Profit +57%
  • 10-Aug : Temasek sells 7.5% stake in Capitaland at discount, $2.90
  • 10-Aug : OCBC Q2 +1.4% Net Profit
  • 10-Aug : Hotel Properties Q2 net falls 73 pct
  • 10-Aug : Raffles Medical Q2 net profit up 21.2 pct

===================================================================

Weekly Summary : 1~5-Aug

1. Prices

  • SPH : 4.58-4.66 (4.60)
  • SingTel : 2.67-2.83 (2.67)
  • Creative : 12.30-13.30 (12.90)
  • CCT : 1.52-1.55 (1.54)
  • Suntec : 1.16-1.19 (1.19)
  • OCBC : 6.30-6.35 (6.30)
  • Raffles Hldgs : 0.945-1.02 (1.02)
  • Metro : 0.54-0.55 (0.54)
  • MapleTree : 0.885-0.975 (0.97)
  • SuperCoffeeMix : 0.445-0.455 (0.45)
  • A-REIT : 2.28-2.36 (2.28)
  • PBank F : 7.15-7.40 (7.15)

2. Transactions

  • Raffles Hldgs : Sell @ $0.955 on 2-Aug & $1.01 on 4-Aug
  • SuperCoffeeMix : Buy @ $0.455 on 2-Aug
  • Suntec : Sell @ $1.19xd on 2-Aug, Buy @ $1.16 on 3-Aug & $1.17 on 4-Aug
  • MapleTree : Sell @ $0.935 and $0.96 on 3-Aug
  • A-REIT : Buy @ $2.28 on 5-Aug

3. News

  • BT’s 3rd article on Suntec & comments by Temasek’s head on 30-Jul
  • ARA SGX announcement on No Acquisition Fess on 3-Aug
  • SingTel Q1 results on 4-Aug, Profit +9.5%
  • BT’s article on A-REIT on 5-Aug

===================================================================

Weekly Summary : 25~29-Jul

1. Prices (Last Week’s)

  • SPH : 4.54-4.60 (4.58)
  • SingTel : 2.77-2.83 (2.77)
  • Creative : 12.30-12.60 (12.40)
  • CCT A : 1.46-1.50 (1.52 : CCT after xd)
  • Suntec : 1.18-1.23 (1.22)
  • OCBC : 12.50-12.90 (12.90)
  • Raffles Hldgs : 0.92-0.935 (0.935)
  • Metro : 0.55-0.58 (0.555)
  • MapleTree : 0.885-0.895 (0.895)
  • SuperCoffeeMix : 0.44-0.45 (0.45)
  • PBank F : 7.25-7.40 (7.40)

2. Transactions

  • Suntec : Buy @ $1.19/8/7 on 26-Jul ; Contra @ $1.23 for some
  • CCT A : Sell @ $1.48/9/1.50 on 27-Jul
  • MapleTree : Buy @ $0.885 on 29-Jul

3. News

  • Suntec announced Q3 results on 26-Jul, DPU 1.56cts, better than forecast
  • A-REIT announced acquisition of 9 properties at $271.7Mil on 27-Jul
  • Fortune announced DPU HK8.25cts for Q2 on 27-Jul
  • MapleTree starts trading on 28-Jul, $0.68->$0.885
  • Raffles Hldgs reports Q2 profits up 138% on 28-Jul

===================================================================

Weekly Summary : 18~22-Jul

1. Prices

  • SPH : 4.48-4.58 (4.58)
  • SingTel : 2.66-2.75 (2.75)
  • Creative : 12.10-12.90 (12.10)
  • CCT A : 1.46-1.48 (1.46)
  • Suntec : 1.16-1.19 (1.18)
  • OCBC : 11.90-12.50 (12.50)
  • Raffles Hldgs : 0.895-0.94 (0.94)
  • PBank F : 6.95-7.25 (7.25)

2. Transactions

  • OCBC : Sell @ $12.50 on 20-Jul and $12.40 on 21-Jul
  • SPH : Sell @ $4.56 on 21-Jul
  • SuperCoffee : Buy @ $0.44 on 22-Jul

3. News

  • Raffles Hldgs announced sale of hotels on 18-Jul
  • MapleTree announced Logistics REIT @ $0.63~$0.68; IPO closes on 22-Jul 8am
  • Govt announced property changes on 19-Jul; 90% financing, 5% cash + 5% CPF
  • CCT announced Q2 results on 21-Jul, yield 4.3% @ $1.51. 100% distribution fm Jul-05
  • China Yuan & M’sia Ringgit Unpeg from US$ on 21-Jul
  • Pbank announced Q2 results on 21-Jul, RM0.20 interim dividend declared (xd 10-Aug)

===================================================================

Weekly Summary : 11~15-Jul

1. Prices

  • SPH : 4.40-4.54 (4.50)
  • SingTel : 2.69-2.75 (2.69)
  • Creative : 11.30-13.70 (13.10)
  • CCT A : 1.46-1.48 (1.46)
  • Suntec : 1.16-1.22 (1.16)
  • OCBC : 11.60-11.90 (11.90)
  • Pbank F : 6.85-7.00 (7.00)

2. Transactions

  • Metro : Buy @ $0.52 on 11-Jul and Contra @ $0.525 on 13-Jul
  • Suntec : Buy @ $1.19 on 13-Jul
  • HPL : Sell @ $1.43 on 14-Jul
  • PBankF : Sell @ RM6.95 on 14-Jul
  • Thomson Medical : Sell @ $0.19 on 14-Jul

3. News

  • S’pore Q2 GDP Results above expectations
  • SPH Q3 Results on 12-Jul within expectations

===================================================================

Weekly Summary : 4~8-Jul

1. Prices

  • SPH : 4.36-4.52 (4.50)
  • SingTel : 2.67-2.75 (2.72)
  • Creative : 11.00-11.20 (11.00)
  • CCT A : 1.44-1.48 (1.48)
  • Suntec : 1.21-1.23 (1.21)
  • OCBC : 11.40-11.60 (11.40)
  • Pbank F : 6.70-6.90 (6.80)

2. Transactions

  • OCBC R : Subscribe for OCBC @ 5.00 on 4-Jul
  • Suntec : Bot @ 1.23 on 4-Jul
  • SPH : Sold @ 4.52 n 4.54 on 7-Jul

3. News

  • SPH denies any discussion on sale of Paragon on 7-Jul
  • STX Pan Ocean IPO closed on 7-Jul
  • STX IPO Price @ 0.90 on 8-Jul

===================================================================

Weekly Summary : 27-Jun~1-Jul

1. Prices

  • SPH : 4.30-4.36 (4.36)
  • SingTel : 2.69-2.77 (2.74)
  • Creative : 11.00-12.50 (11.00)
  • CCT A : 1.45-1.48 (1.46)
  • Suntec : 1.21-1.23 (1.22)
  • OCBC : 11.30-11.60 (11.60)
  • Pbank F : 6.65-6.70 (6.65)

2. Transactions

  • OCBC R : Bot @ 6.50 on 27-Jun

3. News

  • STX Pan Ocean IPO launched on 28-Jun @ 1.27
  • Creative issued profit warning on 28-Jun
  • Suntec REIT to buy properties fm CDL n WingTai worth 1Bil

===================================================================

Weekly Summary : 20~24-June

1. Prices

  • SPH : 4.28-4.36 (4.36)
  • SingTel : 2.64-2.70 (2.70)
  • Creative : 12.60-12.90 (12.60)
  • CCT A : 1.43-1.46 (1.45)
  • Suntec : 1.24-1.27 (1.24)
  • Pbank F : 6.70-6.85 (6.80)

2. Transactions

  • SingTel : Sold @ 2.67 on 22/Jun and 2.70 on 23/Jun
  • SGS T-Bills : Bot @ 99.511 on 23/Jun

3. News

  • SingTel Lost Bid for Pakistan Telecoms

===================================================================

Weekly Summary : 13~17-June

1. Share Prices

  • SPH : 4.26-4.32 (4.30)
  • SingTel : 2.58-2.64 (2.62)
  • Creative : 12.80-13.00 (12.90)
  • CCT A : 1.47-1.51 (1.47)
  • Suntec : 1.25
  • Pbank F : 6.80-6.95 (6.85)

2. Transactions

  • Eu Yang San : Sold @ 0.41 on 15/Jun
  • SBSTransit : Sold @ 2.27 on 17/Jun
  • Suntec : Bot @ 1.25 on 17/Jun

3. News

  • New Shares by Fortune @ 6.23
  • CCT Shares offer fm Temasek @ 1.50

===================================================================

Hello

Hello!

This blog is created to record all my stocks transactions and is meant to replace my other blog, Talkstock as it’s troublesome to have to log in to the two different blog hosts. The original purpose of Talkstock has also been largely replaced by BullRun and StockPick and has been relegated to being a blog for my transactions.