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Thursday, 8 August 2013

SRS - Closing status 7 August

Invested into Starhub 2 lots before its 2Q2013 results announcement.  Starhub declared the usual dividend rate $0.05 (so, expected dividend amount 2 lots x dividend rate $0.05 = $100) which will XD on 14 Aug and payment date 29 Aug.  As usual, l have eyed my exit selling price to be the  dividend rate.  In this same week l have divested my 2 lots holding of it at $117 nett gain.  The nett gain amount is slightly higher than the expected dividend amount and l have already collected it by 3 weeks in advance.  Of course its share price went up higher but as l dislike trading (and speculating) and always targeting my exit selling price at the dividend rate (or higher than bank deposit rate) so l am always at peace with my investments and divestments.

Portfolio walk since previous posting :-

+$7,418 Total Returns as of 2 Aug

+$117 Gain on sales of Starhub

-$270 Unrealised positions worsened

+$7,265 Total Returns as of 7 Aug

previous posting :- SRS - Closing status 7 Aug

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