Category: Cambridge

Sell @ $0.615

My last ones, no more left. Tried my Jump-Q before mkt open, but unsuccessful at last minunte. Realised losses here as these are old legacy ones, bought at high prices before the financial crisis in Jul-07. 😀

Sell @ $0.615

Only partially done as prices dropped back very fast. Do some more house cleaning. Losses here as these were bought in Jul-07 at super high prices before the financial crisis. Thinking of focussing on just one Industrial REIT ie. Sabana as it gives the highest yield (1% more). 😀

Sell @ $0.535.

Cleared all my profitable ones, including those from 2 previous rights issues. Am left with some very old, high loss ones and will likely keep that as a beach-head ie. remind me to buy some to average down when it's cheap.

I may use the excess funds to buy other Industrial REITs (Sabana / AIMSAMPReit) as my projected dividends stream has dropped ~10% after the recent selling of >8% Yield Stocks like MIIF, CitySpring, AIMSAMPReit and Cambridge. 😀

Sell @ $0.535.

Just checked and realised I have quite a lot that are profitable (share price have been quietly creeping up), bought 1 year ago. Back then, Yield was >9% and likely the main reason for buying. DPU declined after that for 2 Qs (must be due to dilution of rights / placement shares) before it started to creep up again for 2 Qs. Most recent Q411 DPU = 1.118ct is still lower than one year ago Q311 DPU = 1.193ct!.

Anyway, reasons for selling are, Need free cash + Too much exposure to Industrial REITs (Cambridge Yield =8.292% is lowest amongst my 3). I have more to sell tomorrow if prices are maintained at current level. 😀

Subscribe @ $0.429. Got the refund for excess rights. Applied for 3 accounts and got excess of 1125, 375 and 500. They rounded the total final holdings to the nearest 500 in alloting the excess rights and as in past experience, you don't get more alloted even if you apply for a lot of excess (unless it's under-subscribed – in this case, unlikely to happen as the rights were offered at a good discount).

Sell @ $0.495. Decided to take profit as it's +1ct today due to strong buying. I'll also be getting more from the 1-for-8 Rights Issue @ $0.429, so might as well reduce my holdings first. STI -4 @ 3053. 😀

Buy @ $0.48. xri (1-for-8 @ $0.429) today and -1ct (TERP = $0.4832 @ $0.49 close of yesterday). REITs are highly geared and is always risky, especially during market uncertainty like now (Mid-East unrest, Euro PIIGS and Japan Nuclear risk from earthquake). Buy some to average my old ones. 😀

Buy @ $0.505. STI -50 @ 3020! 😀

Buy @ $0.52. Yield @ 9.1% with Gearing 34.7%. Seller CP '70' CLSA did a big sell. 😀

Decided to average down my existing holdings, especially since it's now even lower than the Rights @ $0.531 a few months back. The latest financials released on 10-Feb shows a healthier Gearing with good Yield, so I'll take a risk here.

With today's announcement by AIMSAMPReit of a Private Placement (at 8-10% discount) to fund new acquisitions, I'm also thinking of switching my AIMSAMPReit to Cambridge as both gives 9%++ Yield. My fear of AIMSAMPReit is they seem rather aggressive to grow their AUM and perhaps at the expense of existing shareholders eg. Huge Discounts via Private Placements.

 

Time

Price

Trade size

Type

16:39:58	0.520	250,000	Sell Down
16:32:35	0.520	1,334,000	Sell Down
16:17:47	0.525	2,000	Buy Up
15:52:46	0.525	70,000	Buy Up
15:51:02	0.525	1,000	Buy Up
15:44:14	0.525	30,000	Buy Up
15:36:52	0.520	19,000	Buy Up
15:36:24	0.520	20,000	Buy Up
15:36:21	0.520	400,000	Buy Up

 

Sell @ $0.47. Decided to sell the last of my cheap ones as it’s highly risky to hold due to high gearing. Buyer ’20’ – Phillip, looks like retail or internal house traders. 😀