Posts

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F&N @ $5.55

Sell @ $5.55

Contra off yesterday's buy as I'd bought too many to average down when prices dropped… Make some kopi-$$ only. 😀

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F&N @ $5.50

Buy @ $5.51, $5.49

Continue to drop, even though volume remains low. Will likely stop buying unless it drops in bigger steps… 😀

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ARA @ $1.595

Buy @ $1.595

Add more to my portfolio. Volume is now lower and hopefully drying up ie. big seller is done for now. If so, prices ought to go back up soon… I hope only… 😀

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SPH @ $4.11

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… 😀

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SB REIT @ $0.725

Sell @ $0.725

Contra off to take profit as my free cash is being used up very fast..

Suddenly saw a huge Buy Q @ $0.725 at 4pm+, after hovering at $0.715 for almost the whole day. Just before 5pm, a huge seller apppeared and almost cleared the whole Buy Q!. Mine was only done during 5pm matching. My guess is either Stabilising Mgr or Schroder doing the buying, let's wait to see if there's any SGX Annc… 😀

 

Update

Stabilising Mgr buy @ $0.725 for 2.5mil units

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SB REIT @ $0.715

Buy @ $0.715

Buy some back. Stabilising will be likely ending this Friday, although there'd been no action for a long while now. Just checked SGX Annc that the rise to $0.725 was likely due to Schroder buying. Can keep long term as 8%+ yield, but will sell on any opportunity as market may still be volatile. 😀

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F&N @ $5.53

Buy @ $5.53

Add to my collection. Will pause now as I have reached my target Qty. Let's hope I don't have to wait too long for the show to start ie. F&N -> F&N + 2*FCL… EGM should be Oct/Nov or so 😀

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Sarin @ $1.47

Sell @ $1.47

Deicded to contra off as my list of stocks in my portfolio is getting bigger… won't have enough free cash to defend all during the worst ie. when prices falls. Looks like the likelihood of a US attack on Syria is getting slim, due to objections by Russia and China. 😀

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ARA @ $1.639

Buy @ $1.64, $1.635

No idea why it'd been dropping recently, -6ct today. I was planning to acquire a stake long ago but the prices just kept getting higher. Take this as an opportunisitc buy ie. try for short term. For longer term, the yield = 3% is unattractive.

I like their biz, which is earnings from managing REITs listed in Singapore (CLT, Fortune, Suntec), Malaysia (AmFirst) & HK  (Prosperity, Hui Xian) + Fund Mgmt (Aisa Dragon Fund, Harmony Fund,..). Every time any of the REITs acquire, dispose… they make some fee. If AUM goes up from rights issues, placement,… that means more fees… The key risk is their removal as REIT Mgr, but that'd be very difficult to happen as it requires EGM and there're many obstacles in place eg. Loans tied to REIT Mgr.. Key event coming up is Fortune EGM on new acquisitions… 😀