Buy @ $1.53. Dropping with every buy! Exchange rate hv dropped fm 1.2681 to 1.179 since IPO. ASX is the price mover as vol is much higher. So, got to watch both closely for this stk. 😀
SP AusNet @ $1.57
Suntec @ $1.19
Raffles MG @ $0.71
AREIT @ $2.04
Suntec @ $1.18
SBSTransit @ $2.39
Suntec @ $1.16
MIIF @ $1.01
Sell @ $1.01. Sold all my lots. Today is the last day of cd (3.1cts). Didn’t quite like their recent results as there’s a bit of financial engineering (assets revalued higher and the diff is recognised as profits) to make the EPS look good + mgmt expenses are paid in new units, thus more cash for div payout. Was hoping the price would go up some more as they’d given a forecast of next 2 div as 3.95cts and 4cts for 1H06 and 2H06. Will monitor and buy back again if it becomes under valued at aro’ $0.925 😀
