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Sell @ $2.49
Started doing my selling, as promised. Dual purpose, reduce my exposure (since no signs of improving EPS from latest Q1 results) + increase my free cash (Sell in May & Go Away?). Cash will likely be re-deployed into shares which are reporting results soon.
Did my Jump-Q routine and only decided at the last minute to sell! 😀
Sell @ $3.96
Reduce further, left 1 last batch of profitable ones. As 4-May is the last day of cd and tomorrow is a Public Holiday (Labour Day), we're left with 3 full working days to play with. It looks a lot harder to hit $4 now and the big drop by STEng (22ct vs Div = 12.5ct) since it xd, spooked me. Better safe than sorry! Buyer CP = CSFB.
5:05PM
Sell @ $3.97. Did my Jump-Q routine. My last batch of profitable ones. If it hit $4 before it xd, I'll consider to sell my loss-making ones to bet on xd being >7ct Div. Buyer CP = MSCO.
Buy @ $3.10
Am surprised that the news of them making S$118M from divesting their entire stake in Taiwan's Far EasTone resulted in SingTel -4ct today. It must have been a case of buy in anticipation and sell on news ie. insiders trading!
I just decided to raise my target buy price to collect ahead of their 2H results on 10-May (AM). Am expecting Div = 9ct (same as last year and no Special Div). But, it may be as low as Div = 7ct as the EPS to date is worse than last year. 😀
Sell @ $2.26
Decided to sell some. I started the recent buys from $2.29 all the way down to $2.21. As I'd mentioned before, it's not exactually cheap. On hindsight, I may have been too agressive in my buying. So, take some profits 1st and will sell on the way up or buy back on the way down. I'm very flexible! 😀
Buy @ $3.06
Dropping with every buy! I must be buying too early. Back to 2/3 of previous level, still can collect some more. I have the holding power plus worst case, just keep for the Dividend Yield = 5%+.
Looking at the tranasctions, it looks like someone has a lot of 1-lot to buy/sell! Seller CP = CLSA. 😀