Sell @ $3.75
Contra off at a tiny loss… Personal Cash Flow reason… 😀
FCOT @ $1.38
Singtel @ $3.73
SingPost @ $1.275
Buy @ $1.275
Average down… Q4 results on 12-May was bad… Huge write-off due to TradeGlobal and Postea, potentially more skeletons falling from their closet… now seeking lawyer advice on the acquisition…
Yield 2.745% ; PE = 150… but using Underlying Net Profit, PE = 25… Dividend Policy is 60%-80% of Underlying Net Profit and FY17 = 3.5ct is 68.8%… Going forward, I think we ought to get used to this kind of dividend… at least till SPC is completed and starts to contribute in 2H… 😀
Singtel @ $3.76
Singtel @ $3.73
FCOT @ $1.3625
Sell @ $1.36, $1.365
Use creative accounting to sell the older batches which were bought at $1.32 & $1.33 in Nov-16… Altho’ my tgt is closer to NAV $1.54, I still decided to sell as it xd as prices are higher than DRP $1.3216… But, it only started moving up only on the last 2 days of deadline on 18-May and I’d decided not to apply for it… Current negatives for me now are the HP lease at Alexandra TechnoPark yet to be filled up and A$ now weakening… Plus, ‘Sell in May, Go Away’… Still, I’ll likely buy back on any small price weakness… 😀