Category: ARA

Buy @ $1.66

On a day when mkt seems very bullish on expectations of EU QE of $50Bil/mth fm Mar-15 to End-'16, I decided to use up the last of my free cash… Was trying to do a switch from Starhill Global @ $0.815 (hit $0.82 before 5pm) but not done as matching was at $0.81. Nvm, can keep REITs if EU really agree to start huge QE program as "cheap" money will likely wash up to our shores…. 😀

Buy @ $1.645

Buy till going to lose sleep soon…. but, will likely buy 1-2 more times if prices drop further… 😀

Buy @ $1.67, $1.665, $1.66

Looks like seller is getting impatient… all the way to $1.65. I have now collected back all those I'd previously sold… plus more…. 😀

Buy @ $1.67

Partially done… yet again…. I have collected back almost the entire block which I sold previously… perhaps one more buy. Am ok to hold till Q4 results sometime in Feb or just trade for short term gains if opportunity arises… 😀

Buy @ $1.68

Went to Q and suddenly got done and dropping to $1.675 for a while. In the afternoon, the programmed selling is at $1.68 triggering a $1.675 sale if someone buys at $1.68….  I was a bit late and my Q @ $1.675 didn't get done…. 😀

Buy @ $1.685

Noticed programmed selling at this price, always maintaining the same sell Qty even when the whole sell Q was snapped up by buyers… till 1min before 5pm.

I'd like to keep for longer term as EPS for this year is rather good and there may be a good chance of better Div or Bonus. But, no problem to trade short term as market continues to be very volatile… 😀

Buy @ $1.68

Only partially done… Didn't expect to get done as lowest for whole day was $1.685 with very low volume. During 5pm matching, a big block was placed in the $1.67 Sell Q and I got jumped by others… matching at $1.68 and only partially done for me… 😀

Sell @ $1.70, $1.705, $1.71

Only partially done for the $1.71 ones during 5pm matching. I'm now left with one last batch in my portfolio. On a day when STI -42.31 @ 3328.28, the motivation to sell ARA is high as it's +3ct @ $1.71, especially since there'd been no new SGX Annc… unless insiders have taken a peek at their FY (Dec) results….. 😀

Sell @ $1.70

Contra off. During 12:30pm matching (half day today as New Year's Eve), a big enough block (70+lots) appeared in the Buy Q. Since it's +3ct today, plus I have bought quite a bit recently, plus I'm running low on free cash, it was just too tempting…. 😀

Buy @ $1.675, $1.67, $1.655

The moment I bought at $1.675, someone started to sell down… all the way to $1.65! Straits Trading had become the biggest shareholder (20.2%) from sale by Cheung Kong (7.84%)  & John Lim (19.25%), as part of their agreement to let ARA manage their Investment Property assets (except Hospitality assets)  plus a new fund. This ought to see ARA continue wirh their growth in Revenue and EPS…. 😀

Reference : Press Release dated 28-Oct-13