Category: ComfortDelgro

Sell @ $1.58. Decided to contra off as due today. No more left. 😀

Buy @ $1.56. With STI bashing through 3000 (finally) and economic data showing strong rebound for Q1, market have become very bullish. Buy this laggard defensive stock in case the bull is strong and even if there should be a pull back in STI, I don’t expect Comfort to be much affected as it’s a defensive stock. Main concern is the strengthening S$ (MAS is allowing it to strengthen to fight inflation) as much of their biz is overseas. Seller ’83’ – CitiGroup.

11:55:11 1.560 200,000 Buy Up
11:52:06 1.560 14,000 Buy Up
11:47:17 1.550 20,000 Sell Down
11:47:17 1.550 2,000 Sell Down
11:47:16 1.550 5,000 Sell Down
11:47:14 1.560 10,000 Sell Down
11:47:13 1.560 793,000 Sell Down
11:45:00 1.570 69,000 Buy Up

Sell @ $1.30. Contra off, STI -22 (DJ -161) but Comfort is +2ct, SMRT +3ct. Buyer ’84’ – UBS. 😀

Buy @ $1.28. Back as shareholder. Big seller ’83’ – CitiGroup sold 213 lots. 😀

Sell @ $1.32. Contra off, due today. No more left, see if I can buy back again as the price is trading within a very narrow band lately. Make less than my remisier, less than $10! 😀

Buy @ $1.31. Join David and TC as shareholders! Don’t quite like the PE 13.66 (but it’s in the middle of SBS : 12.51 @ $1.65 and SMRT : 15.42 @ $1.65) and Yield 3.817% (they hv reduced their payout ratio to ~50%). Still, it’s a laggard in the current rally and had been aro’ this price for 1yr+ now. Seller ’79’ – JP Morgan. 😀

Sell @ $1.35. Decided not to hold as yield (<4%) is not up to my expectation. They seems to hv changed their payout policy to 50% (vs 100% previously) of earnings (the same is observed of SBS, which is their subsidiary). The cash retained had been used to pay down debts but I believe in the mid-term, they are likely cleaning up their balance sheet (for banks ie. lenders to see) so that they can borrow even more money for acquisitions. Buyer code '08' – CS. There seems to be a fight between buyer and seller at the moment (seller won on Friday when it dropped to $1.29). I may still come in to buy for trading purpose if it shld drop below $1.30. 😀

Buy @ $1.33. Re-enter as shareholder. Results will be out when mkt close. Am expecting not so good results due to forex but am betting that div will be higher (if they pay2 out 100% as in previous years). Sell ’83’ – CitiGrp. 😀

Sell @ $1.38. Decided to contra off. Got a bit scared seeing it drop to $1.33 in heavy selling after I bought. I think maybe insiders know that the coming results will be bad as CD have substantial overseas operations (may suffer due to weaker UK Pounds and A$). Buyer ’70’ – CLSA 😀