Sold Ocean Sky 20 lots. Queued to sell 22 lots but only 20 lots was sold so what will l do with the remaining 2 lots on Ocean Sky .....
I have bought into Ocean Sky (on 15 Dec) after its ex-dividend date so l would have to wait till its next dividend payment in May 2012. Based on Ocean Sky 22 lots and from its 2011 dividend payout, l would have gotten a gross dividend of $350. Selling the whole of 22 lots at the price which l have gotten for 20 lots at $0.133 would have given me a $340 nett gain (after clearing fee, etc.). On 20 lots, the investment cost was $2325 and with the gain of $306 this equals to annualised rate of 13.2%. I am not into punting so l will not loose sleep over it if its price going higher in the coming days or weeks ahead. l have received a so-called retrospective dividend payment so this is really a bonus.
The whole of this week, only managed to sell into strength on Ocean Sky but not other counters on my to-sell list; which goes to show overall market mood is still quite pessimistic.
The stocks counters of five largest funds allocation are still the same as last week's. Figure in bracket was previous posting's number. Five big stocks in their biggest funds allocation order are :-LippoMalls 16% (15%), CitySpring 8% (7%), Tech Oil & Gas 10% (10%), Suntec Reit 6% (6%) and FSL 8% (8%) totaling to 48% (47%) of the overall Cash portfolio.
previous : Cash - Closing Status 23 Dec