Added in another stock, Golden Agri at SGD0.59. My target is to sell around 0.63 (about 6.7% gain). If it goes lower, I will keep it to collect the dividend at end of April. Target to hold for 6 months.
Commodity and agri stocks suddenly turned south. Olam dropped to SGD1.625. Tomorrow, I will queue at the unit share section to buy 435 shares of the bonds. I have 1565 shares which cannot sell under the normal trading of 1000 shares (1 lot). I will need to buy another 435 shares to make it to 2000 shares (2 lots). Since it dropped, there will probably be some selling pressures and hopefully I can get them cheap at USD0.711 per share.
|Investment as at 17 Mar 2013|