Category: SMRT

Buy @ $1.61

Add to my previous buy…. No secific target yet… can be short or long term, depending on situation… 😀

Buy @ $1.615

A new addition to my portfolio. Am not deterred by their not winning the LTA Bus Route Tender. The positives will be $$ from LTA to pay for the Bus assets (ought to be above Book Value) for the routes they'd lost. For this tender, of the Bus Interchanges which the buses will operate from, Bukit Batok is SMRT territory whereas Clementi & JE is under SBS ….

The just released results show improved EPS (mainly from Advertising & Rental) and Div, altho' still far away from the good ol' days of 4-5% Yield & PE <20… Now only 2% Yield & PE 26.9…:D

 

References : LTA / SMRT / SBS

Sell @ $1.73. Good set of results released last Friday, but still decided to contra off as mkt looks weak. Buyer ’82’ – MS. 😀

Buy @ $1.67. Shareholder again! Seller ’31’ – DMG. 😀

15:58:20 1.670 108,000 Sell Down
15:56:37 1.670 1,000 Sell Down
15:52:55 1.670 100,000 Sell Down
15:49:14 1.670 9,000 Buy Up
15:49:02 1.670 1,000 Sell Down
15:49:01 1.670 690,000 Sell Down

Sell @ $1.69. Contra off all the recent buys ; Losses for the $1.68 (partially done ones) but profit from the $1.67 ones resulted in a tiny profit. Again, broker will make more $$ than me! 😀

15:47:23 1.690 25,000 Buy Up
15:46:38 1.690 90,000 Buy Up ; ’29’ – DBSV
15:30:20 1.690 1,000 Buy Up ; ’78’ – ML
15:29:49 1.690 2,000 Buy Up ;  ’71’ – Nomura
15:09:38 1.690 2,000 Buy Up
15:03:05 1.690 75,000 Buy Up

Buy @ $1.67. So, not so bad that it was partially done at $1.68 yesterday. Q’d since 9:36am. Seller ’08’ – CS. 😀

16:43:50 1.660 20,000 Sell Down
16:43:48 1.660 450,000 Sell Down
16:43:47 1.670 421,000 Buy Up
16:43:46 1.670 629,000 Sell Down
16:40:25 1.670 9,000 Sell Down

Buy @ $1.68. Return as shareholder again. Q’d since 11:17am and partially done during 5:05pm matching. Seller ’28’ – OCBC. 😀

17:05:02 1.680 45,000 Sell Down
16:59:23 1.690 5,000 Buy Up

Sell @ $1.73. My last lots. PE is a bit on the high side (altho’ we’d expect to pay a slight premium compared to SBS as SMRT also hv a strong source of income fm their retail ops). Buyer ’26’ – BNP. 😀

Comparison (Using Closing Price)
SMRT  : PE 16.26 @ $1.74 (15.54 using latest 4 Qs) ; Yield 4.454% (72% Payout)
SBSTransit : PE 13.43 @ $1.77 (10.64) ; Yield 3.729% (50% Payout)
ComfortDelgro : PE 17.10 @ $1.64 (16.89) ; Yield 3.049% (52% Payout)

16:03:33 1.730 2,000 Sell Down
16:03:32 1.730 28,000 Buy Up
16:03:25 1.730 30,000 Buy Up
16:00:31 1.730 100,000 Buy Up
16:00:22 1.730 30,000 Buy Up
16:00:17 1.730 5,000 Buy Up
16:00:16 1.730 2,000 Buy Up
15:56:57 1.730 3,000 Buy Up
15:54:35 1.720 2,000 Sell Down

Not sure which one, maybe both are same buyer

Sell @ $1.71. Finally moved! Buyer ’83’ – CitiGroup.

15:29:46 1.720 2,000 Buy Up
15:28:59 1.710 3,000 Buy Up
15:28:37 1.710 150,000 Buy Up
15:27:20 1.700 4,000 Sell Down

Sell @ $1.68. Decided to contra off as due today. 😀