Category: CRCT

Buy @ $1.455

A new addition to my current portfolio.

The Quarterly results were out before mkt open. DPU improved quite a fair bit from 2.07ct to 2.4ct q-o-q (likely due to earlier acquisitions). But, share price had also gone up steadily from $1.295 since 28-Jan. Tough call… not sure if the DPU improvement was expected and had been factored in. When mkt opened, there was zero vol… Fingers itchy and went to Q… got done after a while.. 😀

Sell @ $1.475

It started coming alive in the late AM… Decided to contra off as I was already feeling regretful to have bought… My magic worked and it went all the way to $1.52 after I sold..

Post Mortem

The above proves a point… again.. We, small retail investors do have an edge over the big Fund Mgrs as we can be more nimble… There was at least a couple of hours after mkt opened before the bigger players could react. I just need to have better confidence in my analysis and do bigger buys for such opportunities… plus hold for higher profits… 😀

Sell @ $1.10. No more left. Buyer ’84’ – UBS. 😀

Sell @ $1.05. Contra off, left my higher price ones. Free up some cash 1st. Buyer ’79’ – JPM. 🙂

4:22pm
Sell @ $1.07. Reduce my stake further. Need $$ to defend SPH! 😀

Buy @ $1.03. Dropping with every buy, but very low volume. Seller ’29’ – DBSV. 😀

10:30:01 1.030 50,000 Sell Down
10:28:53 1.030 18,000 Sell Down
10:28:22 1.030 20,000 Sell Down

Buy @ $1.05. Getting lower with each buy! Looks like I should switch from  my CMT (going up) to CRCT (coming down) now! Seller ’08’ – CS. 😀

15:23:17 1.040 1,000 Sell Down
15:15:05 1.040 56,000 Sell Down
15:15:00 1.050 15,000 Sell Down
15:14:59 1.050 280,000 Sell Down
15:12:23 1.060 4,000 Buy Up

Buy @ $1.08. New stock for my portfolio. Yield @ 7.417%, half yearly dividend.

With the IPO of CMA (which will take over the holdings of CMT and CRCT from Capitaland), there’d been fierce sell-down of CMT and CRCT. Many analysts are predicting that Funds will switch out from these 2 REITs to CMA. But, unlike REITs which pays out 90%-100% of earnings as dividends, CMA had stated that they’ll have a lower payout. ie. CMA will be more of a growth story (similar to Capitaland) rather than a dividend play. Seller ’28’ – OCBC. 😀

10:23:44 1.080 1,000 Buy Up
10:20:30 1.080 49,000 Sell Down
10:19:09 1.080 10,000 Sell Down

10:56am
Buy @ $1.07. Added some more. Seller ’08’ – CS.