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Monday, 15 July 2013

Cash - Closing Status 12 July

Divested CDW 16 lots at nett gain of $57in this week under Cash portfolio.  Its 2nd quarter results are likely to be weak mainly because of a major customer's stock adjustment.  Nevertheless overall full year results will still be okay.   So, l will look into re-investment opportunity on CDW at lower share price levels.

Also divested Tai Sin Electric 3 lots in this week at nett gain of $16.  It reported good revenue and profit results for 9M2012; so is cash generating from operating activities and strong Balance Sheet.  Will re-invest into Tai Sin soon.

Invested into Mapletree Logistics 1 lot in this week.  This logistics reit company has its well diversified customer-mix businesses in Singapore, Japan, Malaysia, Hong Kong, China, Vietnam and South Korea.  There is greater stability and resilience because there is no reliance on any single industry or customer.  Based on my investment costs in it l can expect an annual dividend yield 6.2% if l am stuck with it.

Also invested into Far East Hospitality Trust 1 lot in this week under Cash portfolio.  It goes XD on 18 July for dividend rate at $0.019 which equivalent to 2.0% dividend yield.  Definitely better than bank deposit rate for an investment costs under $1k.

Added SingPost 5 lots in this week so bringing total holding of it at 19 lots now. Looking forward to its usual next dividend which will XD on 14 Aug at dividend rate of $0.0125 if it is maintained the same as previous years.

I have plucked up my courage to invest into Loyz Energy 17 lots.  It's a new and exciting chapter for Loyz now that Sim Siang Choon Hardware has been successfully sold away to Mr Sim Siang Choon.
Portfolio walk since previous posting :-

+$1,661 Total Returns as of 5 July

+$73 Gain on sales of CDW, Tai Sin Electric

+$461 Unrealised positions improved

+$2,195 Total Returns as of 12 July

Previous posting :-Cash - Closing Status 5 July

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