Category: Cambridge

Buy @ $0.665. Yield @ 8.056%, back to below IPO price! 😀

Sell @ $0.73. Decided to contra off as I’m running low on funds. I think there shld be more price weaknesses going fwd as those who’d gotten it recently at $0.70 (private placement) will be tempted to take profit 😀

Buy @ $0.695. Yield @ 7.708%, price now lower than Placement @ $0.70, but Funds may hv gotten it at a discount of $0.68 if u look at the recent SGX Annc.

Sell @ $0.765. Contra off, slight loss but will make fm div as xd today. Just out fm SGX that new shares to be issued @ $0.70 and will start trading on 19-Oct-07 2pm. I may sell more of my older ones at current prices.

Buy @ $0.76. Suddenly dropped 4cts and hi vol, maybe insiders’ info that their road-show not well rx for placement shares? Anyway, buy back some 😀

Sell @ $0.835. Feel a bit silly to sell at this price esp. since some of my recent buys were $0.955, $0.90, $0.885 and $0.86. Luckily got those bot’ at $0.67-$0.68. Didn’t quite like their current equity fund raising exercise which involves Private Placement (called their IR and confirmed no rights issue to existing s/h) at up to 10% discount and which will result in lower yield (FY07 5.604ct ; FY08 5.799ct – assuming new issue at $0.80) compared to current yield (FY07 6.038ct ; FY08 5.992ct).

Sell @ $0.815. Contra off 1st as overdue by 1 day 😀

Buy @ $0.805. Yield @ 7.773%. Going down with every buy, let’s hope YCH has finished their selling! 😀

Buy @ $0.86. Yield @ 7.276%, getting cheaper w/ every buy! 😀

Buy @ $0.885. Yield @ 7.07%, getting cheaper with every buy! Tgt short term buy as I hv a lot 😀