SRS - Closing Status 10 Aug

This week l have sold away Noble Group 20 lots.  I have positioned my exit selling price against its recent dividend rate declared at $0.0209 (for $418 gain).  But as the current stock market is rather choppy so l have decided to exit Noble at around half the dividend rate for a gain of $247.

Received the SRS statement from the bank this week which showed a dividend received on SingPost for $300.

Portfolio walk since previous posting :-

+$291 Total Returns as of 3 Aug

+247 Gain on sales of Noble Group

+300 Dividends from SingPost

+$590 Unrealised positions improved

+$1,428 Total Returns as of 10 Aug

previous posting :- SRS - Closing status 3 Aug

Cash - Closing Status 3 Aug

Sold off my positions in Noble Group, Goodpack, Karin and QAF this week under the Cash portfolio.

QAF
I have set the exit selling price on QAF at an anticipated dividend rate of $0.01 for minimal gain of $150 on 15 lots.  Based on previous years, the timing of XD would be in early Sept month.  But as its share price already moved up to my exit selling price so there is no reason to hold back from selling away my 15 lots.  l have managed to sell it off at a higher exit selling price of a gain of $226 so it is an advance payment on the dividend and at a higher dividend payout rate too.

Karin
I am not sure how the recent slowdown in the China economy would impact Karin's business there so l have decided to divest the entire 8 lots in this week at a lower exit selling price than the original target at $0.27 or higher for a $38 gain.  I will be looking into its future financial results releases to assess its business health before deciding  on reinvestment to it.

Noble Group
I have booked a $98 gain on Noble this week on 8 lots.  Will reinvest into Noble if its price weakens again.

Goodpack
On Goodpack, l have anticipated its yet-to-be annnounced dividend rate at $0.03 which would be the same as in 2011.  In this week, l have managed to get an advance dividend payment on Goodpack when l have sold it all away for a gain of $199 which is slightly higher than the assumed dividend amount of $180 (6 lots x $0.03).  If its share price weakens again to an attactive level then l would consider re-investing in it.  This is because Goodpack seems able to grow both its revenue and profit even when the world economies are facing challenging times now.

Portfolio walk since previous posting :-

-$1,697 Total Returns as of 27 Jul

+$560 Gain on sales of Noble Group, Goodpack, Karin, QAF

+$364 Unrealised positions improved

-$773 Total Returns as of 3 Aug

previous posting :- Cash - Closing Status 27 Jul 

Cash - Closing Status 27 Jul

Last week movements under Cash portfolio as follows:-

IHH
I have never invested in any shares under IPO and IHH was my first time into it.  I have decided not to keep IHH and sold it off its first day of trading at a profit of $79.

Ascendas Hospitality Trust
I have managed to get 1 lot of Ascendas Hospitality Trust and have decided to sell it off on the first day of trading and suffered brokerage costs of $28.

Technics Oil & Gas
I have invested into Technics Oil 10 lots last week as l was attracted to its high dividend rate declared.  I have set the exit selling price based the dividend amount.  However, knowing that it is going XD in a week's time so l have decided to divest all of it within the week at a lower exit selling price.

Noble Group
Noble is a well diversified company (into three core areas) with the biggest segment being in energy.  And its business presence is every where in every corner of the world.  I reckon Noble is able to divert its management resources and funds easily to stay agile to business needs in order to stay profitable.  Prices of primary produce has been very volatile but l reckon this setback is only short term and by its next financial year, Noble will be back to regain its past glory.  This week, l have invested 8 lots into Nobel.

Portfolio walk since previous posting :-

-$1,738 Total Returns as of 20 Jul

+$282 Nett Gain on sales of IHH, Ascendas HT, Technics Oil

-$241 Unrealised positions worsened

-$1,697 Total Returns as of 27 Jul

previous posting :- Cash - Closing Status 20 Jul 

SRS - Closing Status 20 Jul

Under the SRS portfolio this week, l have invested into both Nobel Group and QAF.

I have wanted to invest into QAF for quite some time so, l bought 8 lots of it this week.  I am anticipating a similar dividend rate of $0.01 which possibly XD in early Sep month.  This anticipated XD rate is same as paid in 2010 and 2011.  Its share seems have been in oversold territory now.  It is likely to stay in this oversold position next week if the general market condition stays weak.

Noble is a well diversified company (into three core areas) with the biggest segment being in energy.  And its business presence is every where in every corner of the world.  I reckon Noble is able to divert its management resources and funds easily to stay agile to business needs in order to stay profitable.  Prices of primary produce has been very volatile but l reckon this setback is only short term and by its next financial year, Noble will be back to regain its past glory.  This week, l have invested 20 lots into Nobel.

Portfolio walk since previous posting :-

+$203 Total Returns as of 6 Jul
 
-$129 Unrealised positions worsened

+$74 Total Returns as of 20 Jul

previous posting :- SRS - Closing status 6 Jul

Olam, Wilmar, Noble ... eeny, meeny, miny, moe

Olam, Wilmar, Noble Group - all three made it to top volume chart and on Friday and both Wilmar and Olam were both at one point at their 52 week low.

Investors in particular those who speculate are now tearing their hair out figuring which one offers best returns.  Perhaps best way to deal with this is to compare them in a simple table.

To me, both the 52 week high and low are just for reference and should not be be used as the ultimate target for buying and selling decision.  l am curious how they would look like so l am comparing them at 60 day high and low.
 
I have included the dividend amount expected if the speculation failed to bear fruit and there is a need to baby sit it for one year or so.  Is the dividend amount better than bank deposit rate, definitely yes as bank deposit rates are very low at between 1% to 0.2%.

Quick ratio is there for a quick health check.

Anyways, speculation is not my cup of tea so l will avoid all threes.

Note :- Olam will announce Qtr 3 results on 15 May.