Sunday 17 March 2013

Investment as at 17 Mar 2013

HPH trust suddenly shoots up to end at USD0.835 per share at closing. Missed the chance to buy at USD0.78 as I was holding 10 lots at USD0.805 per share. I will only add more when it is below 20% of my purchase price. I will probably sell HPH trust when it hit USD0.89 (10% capital gain).

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

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