Buy @ $0.865. A rare stock that’s down -1.5ct while STI is +69 (recession over? so fast?). Seller ’31’ – DMG and ’82’ – Morgan Stanley. Foreign funds switching out of defensive stocks to go into offense? 😀
Buy @ $0.76. FY09 results will be out tomorrow, should be flat. Expects final div to be same as last year (2.5ct) altho’ some analysts are expecting SingPost to cut their div in order to conserve cash for CAPEX. 😀
Sell @ $0.805. Contra off, due today. Q3 results were flat, slightly lower, but on track towards a 2.5ct div payout in Q4 (same as last year), assuming 80% payout fm EPS. Buyer ’82’ – Morgan Stanley, seems like they are the one accumulating today. 😀