Sell @ $0.505
Got done after queueing for almost the whole day. Meant for short term when I had excess free cash. Now, with free cash very low, decided to take profit…. 😀
FCOT @ $1.47
Buy @ $1.47
xd today for DPU = 2.4608ct. Yield = 6.64%, NAV = $1.56 are the +ve while Gearing = 37.2% is the main -ve. FCOT is the top in my list for Office/Mall REITs and I'm more inclined to hold long term altho' I do have "extras" for short term trades in case something else better pops up…. 😀
If I were to set my target Yield = 6%, it'd be another +10% before that happens ie $1.625. I'm also expecting them to do an acquisition cum fund raising any time from now as it's been a long time (2009) since the F&N group (now spun off to FCL) took over the REIT mgmt and the massive house cleaning since…
ARA @ $1.66
ARA @ $1.68
Sell @ $1.68
Contra off. Good to see a buyer mopping up at lower prices and supporting at $1.68-$1.685. Let's see if this continues tomorrow.
Mkt is a bit weak today (-12.98 @ 3398.52), possibly due to the change in govt in Greece which rode to victory on an anti-austerity platform. They didn't win an outright majority and will likely have to rule with a coalition partner. Anway, remember that the previous govt also came to power on a similar populist anti-austerity approach… I doubt they'll quit EU as they need the $$… especially with QE starting from Mar-15… Still, high chance mkt will be uncertain and perhaps hv days of fears… Anyway, better to have free cash in hand as mkt is most likely going to stay volatile… 😀
Starhill Global @ $0.82
Sell @ $0.82
Contra off. Take profit and free up some cash as my free cash is almost zero… 😀
STI +41.21 @ 3411.5, mkt is definitely happy with the EU QE news (starts in Mar-15 till Sep-16, 60Bil Euro/mth) coming after China GDP figures better than mkt median forecast… plus perhaps news of the death of Saudi King (gives mkt hope that the new king may change tack and lower oil production to counter falling prices)….
ARA @ $1.66
Buy @ $1.66
On a day when mkt seems very bullish on expectations of EU QE of $50Bil/mth fm Mar-15 to End-'16, I decided to use up the last of my free cash… Was trying to do a switch from Starhill Global @ $0.815 (hit $0.82 before 5pm) but not done as matching was at $0.81. Nvm, can keep REITs if EU really agree to start huge QE program as "cheap" money will likely wash up to our shores…. 😀
Starhill Global @ $0.805
Starhill Global @ $0.815
Sell @ $0.815
Jump-Q during 5pm when a block appeared in the sell Q. Free up cash for other stocks.
Just realised I had this extra batch bought in Dec-14 which is profitable, while cleaning up my spreadsheet (removing 2014 data for 2015). Am left with the $0.84 ones bought in Jul-14, which ended up serving as a good beach-head reference. 😀