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Saturday, 27 July 2013

Cash - Closing Status 26 July

Reduced Suntec Reit 1 lot in this week under Cash portfolio so my total holding in it now at 5 lots.  The divestment happened before it went XD on 25 July and it generated $22 nett gain; which is also the amount l am supposed to get paid (1 lot x dividend rate $0.02249 = $22) on 23 Aug.  But l have already collected its dividend in advance with this divestment and also freeing up funds for other investment opportunity.

Reduced my holding in Singapore Post 6 lots in this week for a nett gain $80.  Assuming that its next dividend rate is $0.0125 and XD on 14 Aug so, the expected dividend amount is 6 lots x dividend rate $0.0125 = $75; and also assuming that it has same payment date as last year on 31 Aug.  The nett gain $80 is higher than the expected dividend amount and l have already collected it in advance with this divestment.

Also for my cash portfolio this week l have divested Frasers Centrepoint Trust  (FrasersCT)  1 lot for nett gain of $35.  The divestment happened before it went XD on 29 July and it is higher than the expected dividend amount l am supposed to get paid (1 lot x dividend rate $0.0285 = $29).  Payment of the dividend will happen on 29 Aug so, l have already collected its dividend amount in advance.  Its share price has gone up higher after l have divested it away but l am still okay with it as it is an exit selling price l have set - to be profitable and matching the dividend rate declared or assumed, if possible.  Even if l have divested it away lower than the expected dividend amount l will still be okay as it freeing up funds for other investment opportunity and it is better than bank deposit rate, if possible.

Added Mapletree Greater China Commercial Trust (Magic) 3 lots in this week under Cash portfolio.  Its current share price stayed almost flat versus last week and is around 1.6% above its IPO price at the moment.
Portfolio walk since previous posting :-

+$2,271 Total Returns as of 19 July

+$138 Gain on sales of Suntec Reit, Frasers Centrepoint Trust, SingPost

+$681 Unrealised positions improved

+$3,089 Total Returns as of 26 July

Previous posting :-Cash - Closing Status 19 July

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