SIAEC @ $4.88

Buy @ $4.88

A new addition to my portfolio. Has been weakening since 1H report on 7-Nov when it closed @ $5.06. 1H Div = 7ct, so, 11ct drop since then. PE = 19.91 ; Yield = 4.508% is not exactly attractive. Same reason for buying as SATS previously. Cash = $466Mil & negligible debts. Meant for short term but can hold. Will have to monitor the Cash position closely to gauge the potential for higher Special Div payout during 2H (Mar), if so. 😀

Seller CP = UBS.

SIAEC @ $4.16

Sell @ $4.16

Contra off as due, no more left. Wasn't able to build up a meaningful qty, decided to let go instead. Don't have a lot of free time, have to prioritise and focus. ðŸ˜€

SIAEC @ $4.11

Buy @ $4.11

Add back to my portfolio. Prepare for 1H (Sep) results. Last year, DPS = 6ct. Yield = 5.109%. Someone(s) selling down slowly for past few days. Seller CP = CSFB, JPMorgan, 1 lot at a time.

SIAEC @ $4.09

Sell @ $4.09.

My last lots. Quite reluctant to sell as Yield = 5.134ct and supported by Div = 15ct with xd on 23-Jul. Just treat it as taking the dividends in advance by selling for 15ct gain (gross). 😀

SIAEC @ $3.94

Buy @ $3.94.

Add back to my portfolio. xd is on 23-Jul for Div = 15ct, should be good enough for a short term trade. If not, then hold for longer term for the Yield = 5.33%. 😀

SIAEC @ $4.02

Sell @ $4.02

Cleared all, none left. It's still well supported by cd (15ct). Buyer CP – Nomura, seems to be providing the support in small Qty each time as it's very illiquid. Good chance to close higher. 😀

SIAEC @ $4.01

Sell @ $4.01

Tried to Jump-Q at 5pm for $4.02 but I brought the price down. Reduce my holding and raise more cash 1st. 😀

SIAEC @ $4.01

Sell @ $4.01

Contra off both buys. STI +38 @ 2828, the rebound I was expecting yesterday was delayed by one day. Maybe got to do with some Euro meeting? Take profit 1st as I think Cash is Really King now due to Greece uncertainty which has a high chance of spreading to the other weak Euro countries. Buyer CP = CSFB. 😀