FCOT @ $1.515

Buy @ $1.515

Finally decided to buy back some… There'd been a huge block at $1.51 preventing it from going lower. Next results on 20-Jul and altho' I'm expecting lower DPU, shld be at least 2ct. If they launch the Private Placement at same time, then likely Advanced DPU included… Some cheese to reduce my fear of discount to Placement… 😀

FCOT @ $1.545

Sell @ $1.545

Reduce my stake further as +1.5ct. It may be due to the very positive report by DBSV yesterday…. Or it may be due to Private Placement soon… Or perhaps, another DPU = 2.xx ct soon… Still, I dislike Private Placements… sell down first and may consider to buy back some if it drops closer to $1.5…. 😀

FCOT @ $1.55

Sell @ $1.55

Contra off… Cheap thrills… 😀

Buying petered out at hi $1.555 before seller pushed it back down. I don't quite like the DPU projections in yesterday's circular as Yield is closer to 6% than my expectation of 6.5% growing to 7%… Better safe than sorry…. will likely sell down my balance small stake if prices stays firm at current level…

FCOT @ $1.54

Buy @ $1.54

A strong seller appeared today, altho' buyer is still around. Hit a low of $1.535 but didn't dare to buy as seller was strong and buyer wasn't sround at that point in time… 😀

After mkt closed, their Circular was released for the Sale of Hotel Lease cum Acquisition of Australia assets. Whatt was interestig to me was the Q415 (Sep) DPU projection, assuming Hotel Lease sale and,

  • No Acquisition : 2.3013ct ; Gearing 34.8%
  • With Acquisition (Private Placement @ $1.50) : 2.3206ct ; Gearing 36.6%

This is vs Q215 (Mar) DPU = 2.3754ct ; Gearing 37.2% ie DPU is projected to decline even without the acquisition!

FCOT @ $1.565

Sell @ $1.565

Contra off… hit $1.58 high after I sold… looks like Buyer is still sround… Closed @ $1.57… Can consider more short term trades if I have the free time and energy… 😀

FCOT @ $1.575

Sell @ $1.575

One of my earliest buy, rather reluctant to sell… But, need ammo to fight my huge TELCOs bush-fire… running out of control… 😀

FCOT @ $1.5311

Sell @ $1.53, $1.535

Someone's buying up today. Saw the SGX Annc in the AM on their Road Show in US. Stated that the Australia asset acquisition will be partly funded by Private Placement. Not sure prices are moving up due to new investors's interest or being pushed up for upcoming placement… I hate Private Placements when I'm vested… Take profit first… 😀

FCOT @ $1.515

Sell @ $1.515

Contra off all 3 batches. My hypothesis tested to be correct? Or the $44.8m lease (aro 6.57ct / share) is the incentive? Take profit first as there'll be ample opportunities with mkt volatility… Cash in hand means more choices… 😀

FCOT @ $1.495

Buy @ $1.495

Looks like my hypothesis is going to fail as STI continues to weaken… DRP = $1.4915, may not opt for it if prices do not improve… 😀