Posts

Posted on

HLFin @ $3.10

Sell @ $3.10. Same buyer ’83’ – CitiGroup, patiently buying 1 lot at a time, whenever someone else sells at 3.04/5. Maybe trying to drive up the price as the bid/ask spread is large 3.05/3.10 and I don’t see any other reason for them to buy from seller. 😀

Posted on

FSL @ $0.82

Buy @ $0.82. Big sell-down on-going. US$ dropping due to big rescue package by US govt. Seller ’78’ – ML. 😀

Posted on

M1 @ $1.82

Sell @ $1.82. Contra off 1st. DJIA -372.75, STI -44 now but M1 is up. M1 is interesting as it’s usually up when STI is down a lot. Buyer ’79’ – JP Morgan. 😀

Posted on

FSL @ $0.83

Buy @ $0.83. Incredilble 21% yield! With the big financial institutions in US falling one-by-one, there’s a severe credit crucnch and any co. with large debts are being sold down a lot. Am taking big risk here. Will have to sell something (at a loss) to pay for this! 😀

After buying, realised that AIA holds a 11.11% stake in FSL thro’ various Asian and local cos. It may help to explain the 15% drop today as AIA may be facing redemptions from the long queues at their office! It may also explain why MP-REIT also dropped 15% today as they have a 11% stake there (but MP-REIT drop may be due to their association with Macquarie which is also facing a sell-down).

Posted on

HLFin @ $3.00

Buy @ $3.00. Financial meltdown in US is happening with Lehmen Brothers filing for Chapter 11 and ML takeover by BOA, DJIA -504.48. Everything is getting cheaper everyday! 😀

Posted on

FSL @ $1.07

Sell @ $1.07. Decided to contra off as troublesome to xfer funds fm FairPrice acct. Very exciting as few buyers and done in small lots by 3 diff buyers 😀

Posted on

Thomson @ $0.60

Sell @ $0.60. Decided to contra off as due today. Also, STI now -67 (2555), feels like ‘911’ hit S’pore as many stks are at new lows. Just run out of free cash, so need to sell something and see what to buy. Seller suddenly appeared, ’70’ – CLSA. 😀