KREIT @ $1

Sell @ $1. Decided to take profit. Will not have any left if all gets done (now partially done). STI already up 3rd day and very powerful, more than 150pts cumulative. Let others have a share of the profits. 😀

Update (10:28am)
All cleared, someone bot’ 30lots and pushed the Q to $1/$1.01

SingPost @ $0.865

Buy @ $0.865. A rare stock that’s down -1.5ct while STI is +69 (recession over? so fast?). Seller ’31’ – DMG and ’82’ – Morgan Stanley. Foreign funds switching out of defensive stocks to go into offense? 😀

LMIR @ $0.375

Sell @ $0.375. Decided to contra off, some were done in the AM and balance only now as very illiquid. Now, thinking of selling my balance to switch to cash or other stocks 😀

StarHub @ $2.12

Buy @ $2.13. Re-enter again. Kelong news – ex-M1 CEO will be new StarHub CEO fm Jan-10 if approved by regulators. Big seller ’73’ – MacQuarie sold 250lots. Looks set to drop further as heavy selling ongoing. 😀

3:47pm
Buy @ $2.11. Q’d since AM and also done! Seller ’73’ – same as AM, part of 100lots. They must have a lot to sell!

Thomson @ $0.535

Buy @ $0.535. Add to my collection. Good Q3 results last nite, but got big seller. Seller ’31’ – DMG and ’73’ – MacQuarie 😀

HLFin @ $2.60

Buy @ $2.60. Buy some to avg down. I think they hv already provided for the Lehmen MiniBonds in Dec08 (as Net Loss), too lazy to chk. 😀

Update (16-Jul-09)

Extracts fm “The Edge Singapore” dated 13-Jul-09,
– MiniBond Notes : $86.3Mil
– Pinnacle Notes : $19.9Mil
– Sold more Structured Notes than DBS (3mth ban)
– Provisions Q408 : $55.5Mil
– Settlement Offered : $57.6Mil

Impact of 2-yr ban by MAS on selling Structured Products
– Fee Income is 10% of total income
– Q108 : 12% ($6.5Mil of $54.7Mil)
– Q109 : Dropped 78% to $1.4Mil of $25.7Mil (Net Profit)

Loan Business
– Building and Construction : 30%
– Housing : 18%

SPAusNet @ $0.865

Buy @ $0.865. Dropping towards rights price of $0.86, even as STI is +49. In sync with drop at ASX, A$0.75 @ 1.1423 = S$0.857. There’s an article in Australia news abt salary of CEO +60% even as co. profits dropped (refer to yieldstocks blog). 😀

LMIR @ $0.36

Buy @ $0.36. Decided to buy some more at the same price as there always seem to be a big buy Q at $0.355. Let’s hope they don’t disappoint with their results and surprise us with more write-offs! Seller ’83’ – CitiGroup, Instinet + OCBC securities. 😀

Big sell-down
16:23:47 0.350 2,000 Buy Up
16:23:21 0.350 50,000 Buy Up
16:21:53 0.350 100,000 Sell Down
16:20:23 0.355 4,000 Buy Up
16:15:33 0.350 80,000 Sell Down
16:15:06 0.350 1,000 Sell Down
16:15:05 0.350 5,000 Sell Down
16:15:05 0.350 38,000 Sell Down
16:15:02 0.350 151,000 Sell Down
16:14:51 0.355 161,000 Sell Down

Got some more @ $0.35, sellers MacQuarie and Instinet