Category: Rickmers

Sell @ $1.51 and $1.52. Forgot to withdraw sell Q at $1.52 when I entered a sell at $1.51, now all sold ($1.52 ones at a loss). Overall, for all the Rickmers, still managed to make a small profit 😀

Sell @ $1.48. Need to increase my cash hldgs a bit as running low 😀

Buy @ $1.44. Getting cheaper as US$ and Baltic Dry Index weakens. Yield @ 8.609% using current exchange rate 1.4483 😀

Buy @ $1.49. Yield @ 8.326% based on xchange rate 1.4492. Scary… US$ cont. to drop 😉

Buy @ $1.53. Playing with fire here as US$ is still dropping, xchange rate now 1.4532. Yield aro’ 8.13% at this rate, still waiting for their quarterly results. Short term intent here 😀

Sell @ $1.55. Decided to contra off, no more. USD is still weak and with new MAS policy of allowing S$ to strengthen at a steeper slope, I doubt USD will recover soon. Should hv ample opportunities to buy again at a lower price 😀

Buy @ $1.51. Renew my interest. Yield @ 8.56% (IPO : USD 1.51) or 8.309% (Now : USD 1.4657). USD hv dropped 3% since IPO and it’s bad for Rickmers which pays div in US$.

Sell @ $1.58. No more left, now my portfolio is going to look less cluttered 😀

Sell @ $1.56. Contra off, suddenly went up a bit yesterday. Was dropping due to weakening US$ (?) 🙂

Buy @ $1.52. Must be dropping cos’ of the weakening US$ as all their earnings are in US$. Add to my collection 🙂