Category: SPH

Sell @ $4.12

Achieved my short term target price, but not within contra period… Cheap thrills only as last week, I had extra free cash… this week, all used up buying ARA… 😀

Buy @ $4.09

Itchy fingers, re-enter…. I see a wide enough range $4.09 – $4.13 for a possible short term trade… Worst case, keep for Interim results aro mid-Apr (Div = 7ct for past years)… 😀

Buy @ $4.16

Tried to Jump-Q for $4.15 during Mkt Open Matching but was unsuccessful… 😀

 

Sell @ $4.19

Contra off, together with my earlier Buy. No more left, except for my odd lots from way back. Make some pocket $$ for this Yield Rotation Stategy play… 😀

Buy @ $4.15

Buy back for Yield Rotations Play. Expected Q4 (Aug) results next mth (11-Oct last year).  😀

Sell @ $4.20

Take profit. Decided not to wait for the FY14 (Oct) Results to free up more cash in case I need it to buy more OCBC Rights + Exercise as prices looked weak…. 😀

Sell @ $4.16

Contra off as due today. Another tiny profit but still insufficient (even when added to F&N contra profits) to cover my costly mistake…Need to change my procedures to buy/sell only when there's no other distraction… 😀

Buy @ $4.13

Add to my collection. Can be short term or hold till their FY14 (Aug) results in Oct. 😀

Buy @ $4.13, $4.12, $4.11

Add back to my portfolio. Next result (2H) will be aro' 11-Oct (2013) and the Div was 15ct. Looking at 9M EPS = 16ct, there's a very good chance of maintaining 14-15ct Div if they do a 100% payout. If so (15ct Final), Yield = 5.34% ; PE = 18.73 (latest 4Qs). Not exactly attractive but compared to other Yield Stocks, quite attractive….  Anyway, one of my short / long term also ok kind of stock. 😀

Sell @ $4.26

Decided to sell my last full lots at a loss (still profitable if take into account the Special Div = 18ct collected). My thinking is my cash can be better deployed… Further, Final Div = 15ct is lower than the previous year of 17ct (this was expected by market due to their divestment of Mall assets to SPH REIT). Will follow closely to see how they deploy the extra cash raised from SPH REIT IPO for future buy decisions. 😀

Sell @ $4.11

Decided to take profit as +6ct at this price, today. Looks like the mkt is bullish on news of weaker US Jobs Data as this means a very high chance that QE will continue. I don't see why they can't start the ball rolling… with a small amount first… Anyway, I had bought quite a lot last time, so, just take profits and free up some cash… 😀