Category: KIT

Buy @ $0.535, $0.53

Was $0.535/$0.54 when I was buying in AM @ $0.535 but became $0.53/$0.535 after getting done. Lots of sellers but bigger Buy Q. Need to Jump-Q during 5pm matching to get some… only a few lots… 😀

Buy @ $0.535

Add to my collection… 😀

Buy @ $0.535

Decided to collect some more as close to 7% yield and Gearing = 33% is not too high… 😀

Buy @ $0.535

Add back to my portfolio. Buy Q was big and didn't expect to get done… Low $0.53 but didn't hit my Q…. 😀

Sell @ $0.55

Jump-Q at 5pm… no more left… Yield = 6.782% ; Gearing 33%. Some regrets not having bought a lot more as I had ample opportunities… May re-enter at $0.54 and below… 😀

Buy @ $0.53

This is the merged entity of Cityspring and KIT. Supposed to be Cityspring takover of KIT via new shares (2.106CIT-for-1KIT, followed by being renamed to KIT), with a couple of dividends (0.0293ct + 1.16ct) and a subsequent Private Placement @ $0.52 and a Preferential Share Offer 1-for-13 @ $0.515 for acquisition of an asset from Keppel. Today is the first day of trading for the Placement shares and I was waiting in anticipation for their profit taking.

At Projected DPU = 3.73ct, Yield = 7.038%, my target minimum. There's still a high chance of further profit taking by the Placees who'd gotten their shares at $0.52, possibly +1% comms => $0.525. My plan would be to accumulate more on any price weakness and hold for longer term dividend yield… 😀