Category: HLFin

Sell @ $2.45

Didn't see it earlier, suddenly got buyer at this price! Buyer CP '73' – Macquarie and '20' – Phillip. 😀

Sell @ $2.41

Reduce my stake. Suddenly got buyer. 😀

Sell @ $2.44

Reduce my holdings. Latest Q2 results doesn't look promising. Annualised EPS = 13.34ct, lower than last Q = 15.2ct. Due mainly to higher provisions (for higher loans) as Revenue is slightly better ($57.76M vs last Q = $56.48M) although at Operating Profit level, it was a tad lower.

Anyway, doesn't look like it's going to get better soon. Greatest fear is still a General Offer at a premium to current prices which'll still likely be lower than my average cost. For now, I think my money may be better deployed elsewhere but will buy again if it drops. Got some more to sell at current prices and will watch xd on 28-Aug closely. 😀

Sell @ $2.39.

Reduce my holdings further, but still at 23.3% of portfolio. Will continue to sell on it's way up till it's closer to 15%. Will also add back if it should drop back. 😀

Sell @ $2.36.

Reduce my holding while market is still positive. It's still well below NAV = $3.67 but I'm starting to lose sleep as it's still 24.x% of my portfolio. 😀

 

Buy @ $2.22

Add back to my collection. Too bad I didn't sell a lot more during cd last time when it was at $2.4x (8ct div). Seller CP – Macquarie. 😀

 

10:03AM

Buy @ $2.21. Same seller CP, looks like have a lot to sell!

Sell @ $2.49

Started doing my selling, as promised. Dual purpose, reduce my exposure (since no signs of improving EPS from latest Q1 results) + increase my free cash (Sell in May & Go Away?). Cash will likely be re-deployed into shares which are reporting results soon.

Did my Jump-Q routine and only decided at the last minute to sell! 😀

Buy @ $2.45. Add to my collection. Results will be out later. Am expecting EPS = 23ct (drop from 27.7ct for FY10) & DPS = 6 – 8ct (max. 19ct if 100% payout). 😀

Buy @ $2.39. Add to my collection. Seller CP ’73’ – MacQuarie. 😀

Buy @ $2.24. Getting cheaper and cheaper….. STI -32.97 @ 2675.16 for a drop of -16.14% so far this year! 😀