Buy @ @ $1.245. Decided to do my 1st buy. Refer to talkstock blog for a tabulation of some financial data. 😀
SIA Engg @ $3.80
Buy @ $3.80. Decided to do my 1st ever buy. Kept going up after I put it in my watch list. Using FY11 (Mar) data, PE = 15.99, Yield = 5.263% (Excl. Special Div). FY12 (Mar) EPS is expected to be better but going forward, it's exposure to the aviation industry may result in pressure on it's earnings (high oil price + recession). 😀
5:05PM
Buy @ $3.76. My magic worked! Immediately after my buy got done, sellers started to appear. I Q'd for more @ $3.79 during 5pm matching and got done 3ct lower! Seller CP '08' – CS.
HLFin @ $2.45
MIIF @ $0.585
Sell @ $0.585. Reduce my holdings as it hit my target price. Suddenly, there's a big buyer at this price today (May be share buy back, got to check SGX Annc later). Refer to my FaceBook page for the reasons. 😀
5:05PM
Sell @ $0.59. Do my usual Jump-Q routine when I saw 600 lots in Buy Q @ $0.59 ie. Q to sell @ $0.585 (lower to jump Q). 😀
StarHub @ $2.85
MPS @ $0.102
Sell @ $0.102. No more left. Yet another huge losses, my follies of '07 & '08.
Should have cut it when they started to reduce the dividends and then ceased altogether. For the past couple of years, they'd been busy selling assets (listed Property Trusts) at fire-sale price (due to bank – lenders pressure) and now they are left with mostly unlisted Property Trusts (still trying to sell due to bank imposed repayment schedule).
Although NTA = A$0.30 for FY10 is still at a good premium, I see it dropping every year as they need to pay expenses and the valuation may not be very accurate (as unlisted Property Funds are illiquid and hard to liquidate). At ASX, last done price is A$0.083, also a premium. But, not worth the extra effort for me to continue monitoring to get a better price as the absolute amount is not that large. Another good lesson learnt (I hope). 🙁
Rickmers @ $0.325
Sell @ $0.325. Decided to take yet another huge realised loss. No more Shipping Trusts left. Even though they now appear stronger in their balance sheet, they are still highly geared and vessels are not as easy to lease out (vs REITs assets) and their numbers (of vessels) are not large enough to minimise the impact of defaults. 😀