Category: FCOT

Sell @ $1.40

Feed the market, bit by bit… since I have lots of extras… 😀

Sell @ $1.40

Sold some of my extras… bought a lot of it from $1.39 down, decided to clear some and free up cash… 😀

The results were released after market closed yesterday. The expected positive contribution to DPU from Alexandra TechnoPark non-renewal of Master Lease (only 1mth) was +25% y-o-y in NPI, higher than my estimation. But, this was negated by the drop in contribution from the Australian assets (~50% of NPI) as A$ had dropped ~5% vs S$ for the Q. This resulted in a tiny drop in DPU from last Q, on an annualised basis. Going forward, I'm expecting next Q to see better DPU accretion from Alexandra TechnoPark as we'll see a full Q of contribution.

Buy @ $1.355

Qucikly buy back as US big +ve last night after FED minutes were released and analysed to be 'dovish' ie. Rates not likely to increase so soon… Still, better stay alert for 28-29 Oct FED Mtg if there's a chance to free up cash… 😀

Sell @ $1.37

Jump-Q during matching at 5pm. CP = MSCO, perhaps Foreign Funds moving back with US continued show of recovery from their economic data?

Decided to sell some as my free cash is running low and I have bought lots of extras for FCOT while it was dropping…. 😀

Buy @ $1.355

The FED press release was out early in the AM and the crucial term "considerable time" for rates to remain low was still present… Boosted my urgency to buy my target stocks… The next FED meeting will be end-Oct and looking at how fearful mkt became during the last few days, I better mark that date on my calendar and make sure I build up more free cash at least one week before that… Just nice, at the tail end of Sep-Q reporting season… 😀

Buy @ $1.38, $1.37, $1.355, $1.35

Cheap is getting cheaper… STI -33.08… suddenly, fear is in the air….  😀

After mkt closed, SGX Annc on their refinancing of all existing Borrowings. Once it is drawn down to repay all existing borrowings, all their assets will be unencumbered. My understanding is, this means, the assets can be used as collateral (encumber) for additional borrowings, which can in turn be used for further acquisitions. But, this means the unencumbered borrowings may be subjected to higher interest rates. We'll have to see and compare the borrowing rates when it's announced (when drawn).

Buy @ $1.39, $1.385

For the past few sessions, a seller will appear 5-10mins before 5pm to do some selling at $1.39 and disappear during 5pm matching. Today, one difference is the appearance of $1.385 during 5pm matching…. 😀

Buy @ $1.395, $1.39

These will be my "extras". The $1.39 ones suddenly appeared in large Qty close to 5pm and I only managed to buy a few lots. Will trade if there's any opportunity… need 2 bids… 😀

Buy @ $1.39

The same pattern as yesteday. For most of the day, it was trading at a higher price but sellers appeared towards 5pm and during matching. Range  $1.39 to $1.41 ; Vol = 1,119,000

Jump-Q to get some. Have hit my minimum budget Qty but can buy more at current prices. Alternatively, can also trade as need only 2 bids… 😀

Buy @ $1.39

No volume for almost the whole day before sellers appeared close to 5pm. A bit too slow to buy but more appeared during 5pm matching and managed to buy some by Jump-Q. Almost hit my budget, a couple of buys more before I lose sleep… 😀