Donation

Donation
Donation amount as little as $10. Please donate generously. To donate, click on the sggives logo.

Blog Archive

Saturday, 14 September 2013

SRS - Closing status 13 September

Sold away Ascendas Reit 2 lots at $81 nett gain; under one week of re-investment into it.  Projected next dividend amount at $71 = 2 lots x dividend rate (assumed same as last year) $0.0353 so the $81 nett gain came in slightly higher.  With this divestment l do not have to wait till its next XD date in Oct'13 and l have already collected its dividends in advance by around three months as payment expected to happen in Nov'13.     

Re-invested into Cache Logistics 7 lots under SRS portfolio after having divested it away last week.  It is now my 2nd largest holding at 13% of total SRS portfolio and it caused me poorer by 1.5% (over my investment costs in it) or -$121 at the end of this week.  If l am stuck with this investment then l can expect getting 7.4% dividend yield per year. 

Divested CM Pacific 5 lots so my remaining total holding in it now at 3 lots.  Achieved 2.2% returns or $91 nett gain over a holding period of 1.5 months.  It is having CD status at the moment and XD will happen on 18 October.  If its share price weakens again then l will definitely re-invest into it.  l am curious of next action plan after its failed disposal of its property development business in New Zealan and failed acquisition of Jiurui Expressway.

Invested Sabana Reit 3 lots right after it announced a successful private placement in this week.  An advance distribution of $0.022 was declared which is expiring on 19 Sept.  Depending on how its share price perform next week,  l will probably divest it away for a nett profit better than bank savings rate (of say, 0.8%) hopefully before its XD date; otherwise l will have to keep it for 8.5% dividend yield per year.


Portfolio walk since previous posting :-

+$5939 Total Returns as of 6 Sept

+$172 Gain on sales of Ascendas Reit, CM Pacific

-$395 Unrealised positions worsened

+$5,717 Total Returns as of 13 Sept

previous posting :- SRS - Closing status 6 Sept

No comments:

Post a Comment

BrainyQuote

The Motley Fool

NextInsight

PropertyGuru

SGX News

Hellenic Shipping News

Singapore Law

Business Google News

Business Times