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Sell @ $0.57
I noticed that someone had been patiently collecting for the past few sessions, but not in very large Qty. An optimistic possibility is someone with insider knowledge of a positive outcome of the CEO's recent visit to Applied Materials HQ in US to source for additional biz.
But, I still decided to take some profits and reduce my stake as the Forward Statement (last Q) is very likely a weaker next 2 Qs. The Industry Indicators is also supporting this as BB <1 for past couple of months. So, better be safe than sorry… 😀
Buy @ $0.77
A new addition to my portfolio. Newly listed (4-Nov 2pm) @ $0.78. An Industrial REIT with major shareholders (Summit 63.45% ; HLGT 10.79% ; CEL 5.395% ; UE 5%) holding 84.64%. HLGT provides the units for over-allotment which Stabilising Manager will use for Stabilization, so, current holdings is 8.63%.
Altho' the projected yield of close to 9% looks fantastic, it's mainly supported by Income Support from the Sponsors. Without this, Yield is 5-6%. The other negatives are the high Gearing = 40.9% and premium to NAV = $0.74.
My bet is on short term as the low Free Float of 15.36% + Stabilising Action would give a high probability of price support. Still, I'll have to monitor the Stabilising Qty closely…
Buy @ $1.82
Add to my collection, need a regular stream of DPU for my living expenses, target is for longer term. This price is equivalent to the earlier ones I got at ~ $1.85 cd (DPU = 2.98ct). 😀
Jump-Q during 5pm matching. Looks like small scale selling on-going for the past few sessions. Seller CP = Morgan Stanley, different from cd period (was UBS). One possibility which I suspect is selling by Funds for FCT & FCOT (prices also declined) to switch to F&N (which'll spin off FCL – Parent of both FCT & FCOT).
Sell @ $0.265
Was alerted by Sam towards 4pm of serious buy up going on. Decided to slowly (in 3 tranches) contra off the 2 earlier buys plus another batch bought on 29-Oct. The Buyer CP is '20' – Phillip for all. 😀
It may be Shares Buy Back in action. The last one was @ $0.28 on 7-Aug. With the next result due (last year was on 10-Dec), the estimated Blackout Period of 30-days will start by end next week. If it's really Shares Buy Back, there'll be a window period of only one week.
Left one $0.255 batch and another of $0.26. The rest are my "pioneer" buys. As my original intention for the recent buys were for short term, these will be sold, target, within the week (if the price is right). My reasoning is that during the Blackout period, the chances of share prices falling back is high. Further, I'm expecting the next result (seasonally the weakest) to have no positive upside – Poor sales of 8Raja + Likely write-down for Ion Prologue closure.
Sell @ $2.17
Take profit as +8ct today with Vol = 165,000 and Range = $2.09 to $2.19. The volume and price only started going up towards 5pm. I was hoping for a repeat of last month end as I'd suspected it's 'Window Dressing' in action. This time round, volume and price increase was lower.
The recent Q3 results was within my expectations – a Loss. With the sale of an asset in prior quarters, I'd noticed NPI will be lower than Finance Expenses unless they reduce their Borrowings with the Free Cash. Further, even though they have the cash for resuming DPU payout, they'd stated that this will likely only resume in 2015. In the meantime, even though NAV ($4.53 diluted) is at a huge premium, my current preferred strategy is to maintain a Base (for longer term) + Trading (for short term fluctuations). 😀
Sell @ $0.555, $0.56
Decided to take some profits as earnings will likely be weaker for the next couple of quarters, as stated in their forward statement in the last quarterly results.. Latest BB,
North American Semiconductor Equipment Industry Posts September 2013 Book-to-Bill Ratio of 0.97
|
|
Billings |
Bookings |
Book-to-Bill |
|
April 2013 |
1,086.3 |
1,173.9 |
1.08 |
|
May 2013 |
1,223.4 |
1,321.3 |
1.08 |
|
June 2013 |
1,213.7 |
1,334.2 |
1.10 |
|
July 2013 |
1,204.0 |
1,207.2 |
1.00 |
|
August 2013 (final) |
1,081.9 |
1,063.9 |
0.98 |
|
September 2013 (prelim) |
1,005.6 |
975.3 |
0.97 |
Source: SEMI, October 2013
If they can maintain their dividend payout for the rest of the year, Yield is still a high ~9%. But, market does look weak after the recent run… Perhaps due for a pull back? Free up some cash first, especially since I'd bought quite a fair bit of UMS recently…:D