Buy @ $1.17. Yield @ 11.04%. First day trading in S$, going down instead of up (my prediction). Got to buy more to avg down n get good yield 😀
GTC @ $0.195
Cambridge @ $0.675
AllCo @ $0.885
FSL @ US$0.855
Buy @ US$0.855. Yield @ 10.433%. Current Exchange Rate, Sell/Buy- UOBKH 1.4415/1.4465 ; POEMS 1.43825/1.44325. Decided to take a bet that when FSL starts to trade in S$ on 30-Nov, the yield shld move closer to that of Rickmers (also traded in S$). Currently, there’s a yield gap of 1% which translates to a potential 10% diff in price; if they meet halfway, then aro’ 5%, but that means Rickmers may drop another 5% 😀
