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Sunday, 7 July 2013

SRS - Closing status 5 July

Divested Frasers Centrepoint Trust  (FrasersCT)  2 lots in this week under SRS portfolio.  Investment duration was only within 2 weeks for a nett gain of $44 or 1.2% returns which is better than bank rate for savings account.   Its next dividend likely to XD 31 July and assuming a dividend rate $0.026 same as last year then the nett gain of $44 is 85% of the full dividend amount ---> 2 lots x dividend rate $0.026 x 85% = $44.  I am still okay with it as the investment duration is short.  Will re-invest into FrasersCT when its share price weakens again.

Invested into Kingsmen Creatives 3 lots 2 weeks ago but l have decided to divest it all away in this week for a nett gain of $63.  The $63 nett gain is 1.4 times its next dividend rate $0.015, if maintained the same for this year; 3 lots x dividend rate $0.015 x 1.4 times = $63.  And l have already collected it in advance now rather then waiting for its next XD 4 Sept and payment 24 Sept.  Will re-invest into Kingsmen Creatives at lower or reasonably good share price levels.

Divested UMS 21 lots at a nett gain of $240 within one week of investment period.  I could not resist for doing so because the nett gain $240 is better than expected dividend amount of $210 (21 lots x dividend rate $0.01).  And also l can collect it ahead of its XD date 9 July and payment date 26 July. 
 
Portfolio walk since previous posting :-

+$6,944 Total Returns as of 28 June

+$347 Gain on sales of UMS, Frasers Centrepoint Trust, Kingsmen Creatives

+$252 Unrealised positions improved

+$7,544 Total Returns as of 5 July

previous posting :- SRS - Closing status 28 June

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