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Saturday, 17 November 2012

SRS - Closing Status 16 Nov

Under SRS portfolio this week, l have added QAF 3 lots.  Not sure whether l have gone in too early to re-invest into QAF within the same week its poor 3Q12 results.   Its share price drop saw a significant drop (8.12% or $0.065) a day after its 3Q12 results but its share price drop seems to have slowed as of Friday's market close.  I do not think there is any fundamental issue with QAF but it's just like any other companies releasing poor results around the same time in Oct/Nov.

I have invested into Cache Logistics 3 lots in this week under SRS portfolio.  If Cache continues to pay dividends at annual rate of $0.08 then this represents 10.8% returns based on my invested funds.  Cache is currently enjoying 100% occupancy in both master and multi-tenanted leases.  2% of its leases portfolio are expiring in year 2013.  And even if there is failure on the 2% leases renewals then this is easily covered by annual rental hike of between 1.25% to 2.5%.



Portfolio walk since previous posting :-

+$1,871 Total Returns as of 9 Nov

-$1,329 Unrealised positions worsened

+$542 Total Returns as of 16 Nov

previous posting :- SRS - Closing status 9 Nov

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