Buy @ $2.28. Only partially done. Slowly re-building my stake, but at a higher cost! Budget ar least 2 more buys, unless I free up more cash. 😀
STEng @ $3.07
MIIF @ $0.595
RafflesMed @ $2.29
MIIF @ $0.59
ChinaACorp @ $0.038
Sell @ $0.037. Was only partially done @ $0.038 at 5pm so I quickly cancelled and put a new sell to buyer @ $0.037. Ended up, was matched @ $0.039. Not much difference as lots of decimal places!
My last junk share which I'd transferred to CPF for cash last time. Don't even have my records of how much I bought it, but it was transferred @ $1.99 in '98/'99 as I needed the cash for my house down-payment back then.
Used to be called Acma, a Singapore company known for their refrigerators. Did a quick check before selling. Don't know when it switched to Precision Mould biz, main customers are European car makers. Looks good as they even have a sales office there and their customers line-up sounds impressive. But, their latest SGX Annc was on their being in the red for the past 3 years and being now placed on the watch list. Don't need to think twice, quickly sell.
Goldtron @ $0.004
Sell @ $0.004. Another of my junk from the '90s. My record shows it was bought in Mar-7 as NCCPS @ $0.78, don't know when it became converted (despite it being Non-Convertible). Another subsequent batch was bought on Nov-07 @ 1.5ct (Rights Issue c/w Warrants 1-for-2, which subsequently lapsed as it'd become worthless ie. Conversion Price must have been more than Share Price). Also have some in my CPF (Last time they allow us to transfer our CDP ones in at prevailing market price. I did that as I was cash tight when I bought my house). I should have shown more urgency to sell the CPF ones as the Bank imposes a $2 + GST charge every Q per counter. The charges I'd paid all these years must have added up to be more than the current market value!
At current 3 decimal points kind of price, I didn't even bother to check what biz they are now in. Only know that recently, almost the whole Board of Directors were voted out.
IPC @ $0.188
Sell @ $0.188. Had to do 3 transactions as I have it in CPF and for the cash portion, I have odd lots (due to their previous Shares Consolidation). This is part of my continuing effort to do "house-cleaning" while the stock market remains bullish. I posted in FB the following background and reasons,
My record shows they were bought in '94 – '97 @ Prices $0.30 – $1.31. There was a 4-to-1 Share Consolidation some years back, so my unit price is 4x the above!
Used to be a PC company but ended up focussing on Network products when they couldn't compete in the low cost segments (where Dell & Acer was dominant). In recent times, they seem to be in Property biz (Japan).
The Ngiam brothers (founders) had always been very nimble and able to raise funds for IPC (Placements). The most recent ones were @ $0.18. This interesting snippet is from Lim & Tan,
– Choo Yeow Ming sold 5 mln IPC (18.9 cents, down 1) shares on Wednesday Feb 29th when the stock traded at 19.7-20.5 cents, thus ceasing to be a substantial shareholder with a 4.77% stake. The sold shares represent 16% of the 30 mln shares Choo bought from the Ngiam brothers at 18 cents each only 2 days before! (The Ngiams placed out a total of 40 mln shares, of which the remaining 10 mln shares went to a Carol Sim Siew Tin.)