Category: Hour Glass

Posted on

Hour Glass @ $1.34

Sell @ $1.34.

Decided to sell my entire stake at one go since there's suddenly enough volume. Still quite unbelievable that small caps stocks (Popular Hldgs also) are trading at PE = 5+, even though we are seeing Revenue + Profit Growth for the past 3 years. Yield = 4.48% is a bit low for me plus the main deciding factor to take profit is the usually super low liquidity (volume). Will buy back again if it ever drop back. 😀

Posted on

The Hour Glass @ $1.25

Buy @ $1.25.

Add back to my portfolio. Someone appears to be selling in 100 lots today and prices may drop lower till the selling is done. 😀

FY12 results on 24-May was slightly below the lower end of my expectation ; EPS = 23.31ct vs 23.61ct to 25.61ct with Div = 6ct vs 5.87ct to 6.37ct. PE = 5.36 ; Yield = 4.8%.

Posted on

The Hour Glass @ $1.365

Sell @ $1.365. Sold all.

Same reason as SIA Engg for selling – I only managed to do 1 buy and it'd kept going up. Don't want to spend too much time monitoring.

Unlike SIA Engg which had flat EPS, The Hour Glass seems to be on a growth spurt, with EPS increasing every year (except fo FY09 – US crisis) from FY08. PE is still rather attractive @ 7.54 (I expect it to drop further to 5.78 for FY12 due to better EPS).

Still, I decided to sell all as I noticed volume is rather low and may be subject to manipulations. STI -18 @ 2992, while Hour Glass +3ct. Buyer CP '40' – GS. 😀