Buy @ $3.92
Didn't manage to execute the Yield Rotation Strategy. Decided to add more after the recent xd. Compared to the Aircraft Services stocks (STEng, SIAEC, SATS), a lower PE = 14.x vs 19 but lower Yield = 3.3% vs ~4%. 😀
SPH @ $4.13
Starhill Global @ $0.835
Sell @ $0.835
A chance to clear another of originally short term target during the recent Quarterly Reporting season. Sold at a loss but profit from the Div. There's a big seller lurking around, preventing it from going up and even dropped to an intraday low of $0.825 after my sell Q was cleared. Perhaps a Fund switching out… 😀
CMT @ $1.9964
Sell @ $1.99, $2.00
Cleared my last lots. Yield Rotation Strategy didn't work out very smoothly for the REITs which I'd bought for the recent Quarterly Reporting season and I had to hold CMT till after it xd. As there seems to be good buy and sell strength in recent times, I may buy again if it hits $1.975 or lower… 😀
CMT @ $1.98
SPH @ $4.1225
Buy @ $4.13, $4.12, $4.11
Add back to my portfolio. Next result (2H) will be aro' 11-Oct (2013) and the Div was 15ct. Looking at 9M EPS = 16ct, there's a very good chance of maintaining 14-15ct Div if they do a 100% payout. If so (15ct Final), Yield = 5.34% ; PE = 18.73 (latest 4Qs). Not exactly attractive but compared to other Yield Stocks, quite attractive…. Anyway, one of my short / long term also ok kind of stock. 😀
IREIT Global @ $0.88
Alloted @ $0.88
Got some fm IPO. Tried to buy more today when it got listed at 2pm, but was unsuccessful. Range $0.88 – $0.905 ; Vol = 7,471,000.
At IPO = $0.88,
- Yield = 7.6% (FY13) ; 8% (FY14 FY15)
- Gearing = 33.2%
- NAV = $0.78
- Major Shareholders : Shanghai Summitt 60% ; Mr Lim (SoilBuild boss) 19%
- Assets : Office Buildings (Germany)
It seems too good to be true! Assets in a 1st world economy with not too high leverage and High Yield. On top of that, Free Float is low as Issue Size is not huge and 2 Major Shareholders account for 79%. So, what's the catch??
Starhill Global @ $0.82
Genting @ $1.265
Kingsmen @ $0.895
Buy @ $0.895
Someone really badly need to sell… likely before results are released tomorrow… I wonder why??
Got me worried to sell the continued selling and at lower prices. Went back to check SGX Annc but no new annc since the positive one on the $25.2Mil secured on 21-Jul. A quick look thro' their Q1 results reaffirms their positive outlook for 2014. The main negative is the $1.5Mil provision made for a lawsuit which they'd lost in China (now appealing).
So, Profitability seems ok. Fundamental-wise, Cash = 34.88ct / share or 32.22ct / share Net of Debts.
A possible negative is the CAD investigations started in Jan-13, but, unless it implicates Snr Mgmt, it's not a major issue.
I guess we'll find out tomorrow when the results are out after mkt closes… Keep our fingers crossed! 😀