Category: KIT

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KIT @ $0.585

Sell @ $0.585

Contra off my last buy.

Results on 22-Jan, nothing new… Didn’t find any mention on potential Basslink sale… Main concern is the continued decline in NAV to 29ct… Back in the days of KGT, an analyst’s report on such a concern triggered a sell-down… Will history repeat itself? Or will a larger asset base after the merger with Cityspring, with a potential Basslink sale able to circumvent such a concern?

Must have bought too many, starting to start lose sleep…. 😀

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KIT @ $0.575

Buy @ $0.575

Selling volume has appeared… Basslink sale no longer optimistic?? Nvm, another DPU 0.93ct soon… 😀

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KIT @ $0.585

Buy @ $0.585

Add more at my highest buy price ever… Yield ~6.36%… 😀

Recent news are the not-so-positive ones on Basslink with Tasmania govt on the cable damage incident… Positive ones are also on Basslink potential sale…

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KIT @ $0.545

Buy @ $0.545

Add to my collection. Current plan is to hold this for long term for the DPU and pray for Capital Gains wrt AusNet.

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KIT @ $0.48

Buy @ $0.48

Continue to average down… till it become my new No.1… SGX Annc on Basslink Cable Break Investigations that they intend to invoke the Force Majeure clause… Without looking into their contractual details, my guess is they’re invoking that to avoid penalties which may be imposed by the Australian govt for the downtime of Basslink… 😀

Force Majeure  (Wiki)

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KIT @ $0.485

Buy @ $0.485

Another of those getting cheaper due to Rate Hike fears… highly geared… but assets are in Utilities, ought to be ok… 😀

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KIT @ $0.4931

Buy @ $0.495, $0.49

Fear of Rate Hike? REITs average yield are also on the up trend.. ie Prices are getting lower… 😀