Posts

Posted on

FCOT @ $1.285

Sell @ $1.285

Contra off… After I Q'd and especially when Vol = 1.6k only, it immediately got done and hit a high and closing at $1.295… 😀

Posted on

KIT @ $0.495

Buy @ $0.495

Yes, feels silly to be buying back at higher prices… Q'd for fun as more than 1,000+ in Buy Q and was surprised it got done… went to a low of $0.49…

Basslink 'down' didn't impact share price for the past months… It'd be repaired at the earliest in end-Jun… May buy more to trade as need only 1 bid to BE… 😀

Posted on

SingPost @ $1.585

Buy @ $1.585

Another out-of-patience buy…. xd for 2.5ct div on 19-Jul and another 1.5ct in Aug… for Double-xd effect… double payout in Aug… 😀

Posted on

ComfortDelgro @ $2.74

Buy @ $2.74

Got impatient waiting for lower prices… Recent price weakness may be due to,

  • Stronger Oil Prices
  • BREXIT fears causing weakness in British Pounds (20.5% of FY15 Operating Profit from UK/Ireland)
  • Threat to Taxi Operation by Uber & GrabCar (36.5% of FY15 Operating Profit from Taxis)
    • The threat is highest in Singapore due to lower barriers imposed by regulators
    • My estimate is 15%-20% of FY15 Operating Profit comes from Singapore Taxi Operation
      • SMRT with taxi fleet 3000+ reported $13.74m Operating Profit for Taxi segment
      • Comfort Taxi fleet is 10,000+ & another 5,000+ in CityCab (JV with ST Kinetics)

Singapore Bus exposure is via 75.08% Subsidiary SBSTransit, which contributes only ~4.19% to FY15 Operating Profit. This is not very significant and thus, SBSTransit losing any more bus routes due to the new Bus Contracting Model is not expected to have a very significant impact on ComfortDelgro… 😀

Posted on

ComfortDelgro @ $2.75

Sell @ $2.75

Jump-Q during 5pm matching to contra off… Was outside and remembered my Total Qty for last 2 buys wrongly… Only contra off 1.5 Buys… Never mind, the leftover was bought at $2.705 yesterday and have a lower BE… 😀

Posted on

FCOT @ $1.2625

Buy @ $1.265, $1.26

Good thing I sold during the 31-May 5pm matching tiny spike of 1-1.5ct… Buy back some back to re-stock… 😀

 

Posted on

M1 @ $2.44

Sell @ $2.44

Got greedy when it was hitting $2.45-6 as it appeared to be following Starhub, which'd earlier been creeping up after it went xd the 2nd time… But, Starhub had recently announced a $200m investment in Cyber Security biz and successfully raised $300m from Notes… Looks like the insiders knew and liked what Starhub is doing…

So… decided to better take profit first as May had ended… Sell in May, Go Away had been the best thing to do for the past two years… Still, Yield is ~6.5% and I'll likely buy back quickly… before the mid-yr results in Jul… 😀