Cash - Closing Status 27 Jan

This week's stocks sales under cash portfolio on Keong Hong, Goodland and Baker Tech gave me a satisfying advance dividend (or profit) of $785.  
 

stock	expected dividend	nett gain
Keong Hong (5TT)	490	456
Goodland (5PC)	80	185
BakerTech (568)	150	145
total	720	785

Looking at my realized positions under cash portfolio in year 2012, l have been selling into strength to get paid in advance on the dividend; realized positions in full year 2011 $1,187; in 2012 Jan  $2,378.

The stock price in some of the counters can still go higher before they actually go ex-dividend but l am very clear with my selling price target.  So, l would rather hand over the baton to the next runner in the race once l have achieved the anticipated dividend amount.  And with the proceeds on sales of these stocks l am ready for the next run.

previous posting  :- Cash - Closing Status 20 Jan

Investment activities - week ending 27 Jan

For the last two weeks l have been trying to buy more stocks which are going ex-dividend soon but their prices are not attractive enough.

For this week, l have sold Baker Tech 5 lots and Keong Hong 35 lots.

I saw good entry price on Goodland and bought 8 lots for its dividend.  But l have decided to sell it all off when its price gone up to a level beyond my dividend yield expectation. 


There have been some kind of panic buying everywhere as this is just normal speculators and investors behavior of not wanting to be left out in getting a piece of the pie.  I would rather not follow as l reckon this euphoric thing over high stock price day after day is just too risky.