SIAEC @ $4.00

Buy @ $4

My highest buy price so far, but the rest were bought before they announced their FY12 (Mar) results with Div = 15ct. Hopefully, the Div will provide some support. STI -38 @ 2838 (-1.34%), SIAEC -6ct (-1.5%). 😀

 

3:43PM

Buy @ $3.98. Seller CP = MSCO.

SIA Engg @ $3.94

Buy @ $3.94

Add to my small collection @ my highest buy price ever. Seller CP = MSCO.

I'm expecting their FY12 results anytime within 1-2 weeks (likely 1 week as last year was on 10-May). Expecting Div = 14ct at least (same as last year but no Special = 10ct) & EPS = 24.37ct to 24.69ct, better than last year = 23.77ct. Target is $4 min. for 5% Yield. Prepared to hold for longer term but will likely trade when it's closer to xd (TBD) or if results are worse than my expectation. 😀

SIA Engg @ $3.91

Buy @ $3.91.

Add to my small collection (will still try to trade). On hindsight, I should have contra off my $3.93 ones the other day when it hit $3.97. I was waiting and hoping for $4 (Yield = 5%) then.

Seller CP = CSFB & BNP. Looking at my STEng 'Sell' and this, the ang-mo brokerage seems very busy!

SIA Engg @ $3.93

Buy @ $3.93.

Back as shareholder. Dropped quite a bit since I sold off @ $4.09. Yield = 5.089% hit my target 5%. I was in Q to buy @ $3.99 (5% Yield) yesterday but withdrew as someone seems to be trying to support at that price (easy to do for low volume stocks). Actually, someone seems to be still trying to support the price at $3.93! But, I'm ok to start buying at this price and average down if it drops. FY12 (Mar) results should be out by May and DPS should be ~10ct (No Special) and I think this'll provide some price support.

Aim for short term trade but can hold as >5% Yield. There's the risk that it'll drop some more as it'd gone up in price a lot during the past months. Seller CP = MSCO (what??). 😀

SIA Engg @ $4.09

Sell @ $4.09. Decided to take profit, none left. As my holding is rather small, I have decided to sell all to free up time and effort (to monitor) and perhaps use the free time to screen and analyse new stocks.

Yield = 4.89% (Excl. Special Div) is now lower than my Reference STEng = 4.936% @ $3.14 (but SIA Engg Payout is ~85% vs STEng ~90% ; SIA Engg also has negligible debts).

Buyer CP '73' – Macquarie & '78' – ML buying 1 lot at a time. Looks like they're patiently (and successfully) pushing up the share price of this rather illiquid stock! 😀

SIA Engg @ $3.80

Buy @ $3.80. Decided to do my 1st ever buy. Kept going up after I put it in my watch list. Using FY11 (Mar) data, PE = 15.99, Yield = 5.263% (Excl. Special Div). FY12 (Mar) EPS is expected to be better but going forward, it's exposure to the aviation industry may result in pressure on it's earnings (high oil price + recession). 😀

5:05PM
Buy @ $3.76. My magic worked! Immediately after my buy got done, sellers started to appear. I Q'd for more @ $3.79 during 5pm matching and got done 3ct lower! Seller CP '08' – CS.