MapleTree @ $0.80

Sell @ $0.80. Decided to contra off. Got some buy up today, despite STI having dropped over the past few days by a total of ~ 100 pts. Results is actually flat. Buyer ’28’ – OCBC Securities 😀

12:23pm
Sell @ $0.805. My last lots. It was meant to be a short term trade, just for the reporting season. Same buyer ’28’ – OCBC Securities. 😀

MapleTree @ $0.775

Buy @ $0.775. Back as shareholder, after selling my last lots at a lower price. Heavy selling today with STI dropping below 2900 (-23) and HSI -578 (~-3%). Seller ’71’ – Nomura and ’73’ – MacQuarie. 😀

16:46:59 0.775 154,000 Buy Up
16:45:37 0.775 1,000 Buy Up
16:44:22 0.775 1,000 Buy Up
16:43:54 0.775 10,000 Buy Up
16:43:49 0.775 13,000 Sell Down
16:43:30 0.775 59,000 Sell Down
16:42:57 0.775 1,000 Sell Down

MapleTree @ $0.755

Sell @ $0.755. Finally proftitable, decided to sell as the yield is below my current 8% (7.841%) tgt. No more left. Let’s see if I get the chance to buy back again if yield goes back above 8% (below $0.74, but tgt closer to $0.70). Buyer ’31’ – DMG, looks like buying up slowly.  😀

Mapletree @ $0.73

Sell @ $0.73. Left 1 batch. Decided to sell as I’m running out of free cash and may need some to avg down other recent purchases who’d dropped and become more attractive. Buyer code ’25’ but don’t know who’s that as it’s not in the POEMS list! 😀

MapleTree @ $0.705

Sell @ $0.705. Contra off this AM’s buy. Buyer code ’29’ – DBS Vickers, another of the rights underwriter! 😀

MapleTree @ $0.69

Buy @ $0.69. Seller code ’84’ – UBS, big dumping continues. Amazing that UBS being one of the underwriter for the current 3-for-4 rights issue at $0.73 is selling down so aggressively, especially since they’ll have to take on any unsubscribed rights. Maybe they’ll be getting it at a discount? Try for short term intra-day trade, if not, hold for long term yield. 😀