Posts

Posted on

AllCo @ $0.95

Buy @ $0.95. Been Queueing at $0.945 for quite some time now and decided to just buy fm seller today. Yield is 6.379% @ $0.95. With office rental in demand in both S’pore and Australia and the recovery of the A$ from it’s lows, it shld be quite a good defensive play. Further, AllCo pays div on a semi-annual basis and the next one is for end-Dec 😀

Posted on

MIIF @ $0.945

Buy @ $0.945. Sudden drop of 1.5cts today. Renew my acquaintance with MIIF, prepare for 2H results and 4cts div 😀

Posted on

GTC @ $0.24

Sell @ $0.24, no more left. STI broke 2800 today for historical high and it looks like I’m going to run out of stocks to sell soon 😀

Posted on

SingTel @ $2.72

Sell @ $2.72. Price up today likely due to news that they are bidding for EPL rights. Results due and expected to be dragged down by Optus. That was my last lots of SingTel and it shld hit $2.8x next 😀

Posted on

GTC @ $0.235

Sell @ $0.235. Results for latest Q doesn’t look good as it shows that semicon industry is softening with excess inventories for consumers segment and for PC segment, purchases are being held back due to delay in Windows Vista launch to end-Jan07. GTC guidance for Q4 is 5-10% revenue drop. Altho’ current share price may hv factored this in, I hv decided to sell off all my GTC and perhaps look at it again aro’ year end. I may do some trading in the meantime tho’ 😀

Posted on

Cambridge @ $0.655

Buy @ $0.655. Results out yesterday and DPU = 1.006cts which is aro’ 10% above forecast. Revenue is as per IPO forecast but DPU is up due to lower expenses and several other reasons. The positive is that they hc signed MOU for new acquisitions which will likely be realised in Q107. Yield is 8.244% at $0.655 using latest DPU 😀