Category: SFI

Sell @ $0.95. Buy up fm aro’ 11:30am when I wasn’t in. Checked SGX but no new announcements. Decided to sell all my balance shares as got a bit of profit. Buyer ’31’ – DMG. I’ll prob live to regret this when it hits >$1! 😉

Sell @ $0.895. SFI is the surprise package in my portfolio. It was one of the worst performer when mkt was still bullish but now, with the STI down >40% this year, it’s price had gone up and is one of my rare stock that is profitable! Reasons could be due to recent announcements of their MOU in China (feasibility study on a massive food processing centre) and that their major s/h (Temasek) is evaluating their options (Temasek recently did an offer on SCS). Q3 results will be out today and I’m not expecting it to be good. Likely, S’pore operations will be slightly better while UK operations will be dragged down by the weaker British Pounds. Buyer put in a 100 lots order, fm UOBKH. 😀

Sell @ $0.83. Q108 results were very good, mainly due to turnaround of S’pore ops and despite exchange rate losses due to the strong S$ for overseas ops. Q2 and Q3 are traditionally their weakest Qs, so, I think it’s better for me to take some profits 1st. Will likely buy back if it drops back to $0.815 or sell more fm $0.835 onwards 😀

Buy @ $0.815. Drop some more when I buy! Next buy will be below $0.80 😀

Buy @ $0.825. Need to avg down here, big losses as earlier buys were at $0.935 😀

Buy @ $0.92. Add to my collections 😀

Buy @ $0.935. In Q since morning, just got done. Yield is 5%+. Temasek 70% owner and rather illiquid. Laggard to the mkt as profit down for FY06 due to S’pore operations, but shld show good recovery (S’pore ops) this year. >50% biz comes fm overseas, mainly Britain. A quick glance at their financials and what I don’t quite like is their 50% gearing and big increase in expenses, likely due to their acquisitions in UK. This is my beach-head purchase and I shld be collecting more at lower prices 😀