For the SRS portfolio this week, l sold off SingTel 3 lots for a gain of $83 in order to free up funds for re-investment into other counters. SingTel will announce its results on 14 Nov so if l might want to get into it again if and when its share price level is right. l think there's enough time to catch its dividend which XD on say, 21 Dec.
I could not help myself to get into SingPost 12 lots again when its share price went lower. But this time round its share price did not move much higher and there seems to be some selling pressure the whole of this week. But the selling pressure is not solely on SingPost as it is quite wide spread; hitting Reit and telecom counters too.
SingPost released its Qtr 2 results this week and hence it is probably now "sell on news"? Nothing significant adverse with its results. Revenue is higher by a single digit but its Operating Expenses is higher by double digit and this resulted into a flat Net Profit.
So, l have sold off all 12 lots within the same week for a very small gain of $25. Will definitely re-invest into SingPost as it is a good stock to lock in my funds for a stable and steady dividend income.
Portfolio walk since previous posting :-
+$3,442 Total Returns as of 25 Oct
+108 Gain on sales of SingPost and SingTel
-$453 Unrealised positions worsened
+$3,097 Total Returns as of 2 Nov
previous posting :- SRS - Closing status 25 Oct
I could not help myself to get into SingPost 12 lots again when its share price went lower. But this time round its share price did not move much higher and there seems to be some selling pressure the whole of this week. But the selling pressure is not solely on SingPost as it is quite wide spread; hitting Reit and telecom counters too.
SingPost released its Qtr 2 results this week and hence it is probably now "sell on news"? Nothing significant adverse with its results. Revenue is higher by a single digit but its Operating Expenses is higher by double digit and this resulted into a flat Net Profit.
So, l have sold off all 12 lots within the same week for a very small gain of $25. Will definitely re-invest into SingPost as it is a good stock to lock in my funds for a stable and steady dividend income.
Portfolio walk since previous posting :-
+$3,442 Total Returns as of 25 Oct
+108 Gain on sales of SingPost and SingTel
-$453 Unrealised positions worsened
+$3,097 Total Returns as of 2 Nov
previous posting :- SRS - Closing status 25 Oct
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