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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. 😀
Buy @ $0.735
Decided to replace with greater urgency what I'd sold during cd-xd time after reading the positive report by UOBKH. The interesting point for me was this statement,
" Unlocking value of PS business. NeraTel will be positioned as a network company. The accompanying PS business could be carved out as a separate entity. It could be listed/spin-off through an IPO. "
Volume is low and prices has slowly dropped back after the jump when the UOBKH report was released. Seller CP = Merrill Lynch… doing in multiple 1-lot… 😀
Sell @ $0.755
Decided to clear my entire holdings. I'm thinking of focussing on FCT instead. Although FCT Yield is 2%+ lower, they do have a much longer listing track record and is in Malls assets (vs Industrial, which is more competitive). Can sleep better… hopefully more suitable for longer term… 😀
Buy @ $2.99
Only partially done… 1 lot, during 5pm matching as someone must have jumped me in the Q. PE= 28.4 (FY12) is on the high side and I'll have to pray for their continued growth… Recent price weakness could be due to the negatives they're facing in their expansion plans,
Further, the recent financial related troubles in Indonesia (which accounts for a portion of their clientele) is also a dampener. Current prices is still above my last sell price… 😀
Buy @ $1.85, $1.845
A new stock to my portfolio.
The main attraction from their results Presentations released last night was their track record of increasing DPU since listing,
​My plan is to keep for longer term, assuming they're able to maintain their track record…. 😀
Buy @ $0.255
Suddenly noticed quite serious selling at this price and decided to buy some from Sell Q, to replace what I'd sold previously when i was very tight on cash.. Immediately, someone put in a huge enough Buy Q which provided price support for the rest of the day. 😀
I wonder when Shares Buy Back is coming back…. Looks like they're going to allow it to drop? My fear is a worse than expected Q2, perhaps due to write-offs from closure of Ion Prologue… But then again, stores closures seems to be part and parcel of their biz…
Sell @ $5.61
Decided to take profit and have sold off my entire holding.
As the critical date approaches (EGM in end-Oct to B-Nov), it looks like there may be a bit of serious collecting going on. Volume is still very low and prices can easily move in either direction.
My thinking is market will remain volatile even though the US Fiscal Cliff had been postponed for a couple of months. It's still good to have free cash, and especially to take profit for those holdings which were intended for short term anyway… 😀
Buy @ $0.725
Saw some at this price during 5pm pre-close and decided to get some. I'm still far from replacing the ones I sold during the Interim cd-xd period but no hurry as next dividend will be for FY13 (Dec) and still a long way before they announce (likely in B/Feb). Q3 (Sep) results will be due any time now (last year on 18-Oct). 😀