KINV

21st July 2009

StarHub @ $2.11

Buy @ $2.11. Collect back again. Seller ’83’ – CitiGroup, 250lots. 🙂

21st July 2009

StarHill Gbl @ $0.52

Sell @ $0.525. Decided to contra off, no more left. STI went up too fast, high risk it’ll correct. See if I can buy back again later or wait till the new rights shares are listed. 😀

20th July 2009

Buy @ $0.14. Throw in good money after bad money to avg down. I’m betting that the recent takeover of MacArthurCook by AIMS will help MPS in the longer run. In the shorter term, they ought to be able to help MPS renew their borrowings on a longer term basis and perhaps, dividend payout will return. Another possible scenario is that AIMS may delist MPS assuming the current 75%+ discount to NTA is real (valuations in their Aussie assets may be much lower due to the crisis). Note that my risk is very high here. 😀

20th July 2009

StarHill Gbl – $0.485

Buy @ $0.485. Gearing is at a good 20% after the recent rights issue. Yield aro’ 8%. Seller ’71’ – Nomura sold 298 lots. I have another buy order in Q @ $0.48. 😀

17th July 2009

SingPost @ $0.875

Sell @ $0.875. Decided to contra off both my recent buys. Buyers fm local brokers. With STI still on the uptrend, most likely many people think a new bull has arrived and are afraid of missing the boat! 😀

17th July 2009

StarHub @ $2.13

Sell @ $2.13. Decided to contra off all. Buy too many yesterday until can’t sleep! Buyer ’82’ – Morgan Stanley. 😀

16th July 2009

StarHub @ $2.09

Buy @ $2.09. Heavy casualty here, dropping with every buy while STI goes up! Seller ’71’ – Nomura. Vol almost 8500. Regretted I didn’t contra off yesterday’s buys this AM when it was $2.16 (Hi $2.17) for quite a while 😀

16th July 2009