Buy @ $4.02
Buying with every 10ct drop! Closed @ $3.98…. 😀
OCBC @ $10.08
Buy @ $10.12, $10.01
Looks like the recent news on Banks having a sharp fall in Loans in April and declines for past 5mths is causing a sell-down for Bank Shares… At one point, aro -1.9% drop for all banks… Looks set to become a longer term hold… at least till the banks are able to report good results… 😀
SMRT @ $1.59
FCOT @ $1.555
KIT @ $0.53
Buy @ $0.53
This is the merged entity of Cityspring and KIT. Supposed to be Cityspring takover of KIT via new shares (2.106CIT-for-1KIT, followed by being renamed to KIT), with a couple of dividends (0.0293ct + 1.16ct) and a subsequent Private Placement @ $0.52 and a Preferential Share Offer 1-for-13 @ $0.515 for acquisition of an asset from Keppel. Today is the first day of trading for the Placement shares and I was waiting in anticipation for their profit taking.
At Projected DPU = 3.73ct, Yield = 7.038%, my target minimum. There's still a high chance of further profit taking by the Placees who'd gotten their shares at $0.52, possibly +1% comms => $0.525. My plan would be to accumulate more on any price weakness and hold for longer term dividend yield… 😀
SMRT @ $1.6075
OCBC @ $10.11
Buy @ $10.11
Before 9am mkt open, saw matching at $10.18 and decided to put in my Q @ $10.20, but it quickly moved up to $10.23. Gave up hope and was busy looking at others… During the last minute, saw a huge block of 4Mil+ shares put in to drive the matching down to $10.11…. 😀
Closed @ $10.20, Range $10.11 to $10.28, Vol = 14,753,700
Singtel @ $4.12
SATS @ $3.38
Sell @ $3.38
Changed my mind on holding for longer term… Sold all… My bad experience with TELCO shares which was trading at close to PE 20 is giving me jitters as SATS approaches PE 20… but, it may be entering a growth phase if executions go well… Still, play safe + I likely will need all the cash to fight other new fires… But, may buy back on dips for short term trades… 😀