My stock gains/losses from Oct 09 to 11 Dec 09

I have updated my gains and losses in my investment from Oct 09 to 11 Dec 09. I have added 5 lots of Singpost in 11 Dec 09 in my investment portfolio as my investment capital has increase which allows me to add in new position. As in my previous post, I will continue to hold my current holdings until some of the stocks reaches my expected values. I will put in new positions when I see new opportunites.

Bought 5 lots of SingPost on 11 Dec 09

I have bought another 5 lots of SingPost at $0.98 on 11 Dec 09.

My stock gains/losses from Oct 09 to 3 Dec 09

I have tabulated my gains and losses in my investment from Oct 09 to 3 Dec 09. As in my previous post, I will continue to hold my current holdings until some of the stocks reaches my expected values. I will put in new positions when I see new opportunites.

Bought 13 lots of Cambridge on 26 Nov 09

I have bought another 13 lots of Cambridge on 26 Nov 09 @ $0.415. So now I have a total of 25 lots of Cambridge.

Bought 12 lots of Cambridge on 24 Nov 09

I have bought 12 lots of Cambridge on 24 Nov 09 @ $0.415

Sold 4 lots of STI ETF on 24 Nov 09

I have sold 4 lots of STI ETF (CPF) today @ $2.83 for a profit.

Bought 3 lots of Singtel on 16 Nov 09

I have bought 3 more lots of Singtel @ $2.95 today using CPF. This will be my last position for this year. Remember few days ago, I sold my only lot of DBS. The money from the sale of DBS shares is used to buy 5 lots of Singtel shares (last friday and today).

DBS is getting speculative. The yield is less than 4% based on the current price. That is why I quickly sold it away. I will consider buying it again if its yield is more than 4.5%. Singtel however is having a better yield. I estimated it as more than 4.5%. It is not as speculative as DBS, as you can see the price movement of DBS is very fast. Singtel price is slow and steady which is what I like as a defensive stock.

Bought 2 lot of Singtel on 12 Nov 09

Seeing the market panic selling just now in the afternoon, I take the opportunity to buy 2 lots of Singtel stock @ $2.93 using CPF. Reason of buying is because Singtel is increasing its december interim dividend from 5.6 cents last year to 6.2 cents this year. That is about 10% increase in dividend. I will expect the Aug 10 dividend to be 10% more than the Aug 09 dividend of 6.9 cents.

Let assume Singtel is giving 7.6cents(10% more than 6.9 cents) for Aug 10, then the total dividend for the year will be 6.2+7.6 = 13.8cents. So based on the price I bought today, the yield will be about 4.7% which is not a bad deal to me.

Sold 1 lot of DBS on 11 Nov 09

I have sold my only lot of DBS @ $13.98 today for a profit.

Explanation:
This year, DBS is giving 4 x $140 dividends per lot. If based on the current price (about $14) , it is about 4% yield. I feel that 4% yield is not very attractive to me even though it is a good stock with potential to go up. My profit is about 6.9% based on the price I bought. So instead of waiting for one year, I already get 6.9% gain immediately by selling today. I have freed this amount of money so that I can buy other value stocks.

If it happens that DBS shares drop to $12 per lot, I may consider buying again.
If it happens to remain at the current price or go up, I will not buy again unless the value goes up.

Please don't mistaken me as a trader. I am not a trader and I don't depend on chart any more. I am a simple investor who just go for value and price.

Bought 3 lots of SingTel on 9 Nov 09

I have just bought 3 lots of Singtel @ $2.89

Bought 5 lots of SingPost on 6 Nov 09

Today I have bought 5 more lots of SingPost.

Bought 10 lots of SingPost on 4 Nov 09

Today I have bought 10 lots of SingPost today. In my opinion, SingPost is a safe stock which gives regular dividends each year.

Bought 2 lots of Singtel on 2 Nov 09

I have bought 2 lots of Singtel and prepare to hold for long term. I don't really care it will go up or go down after that. If it can go down to $2.60, I will buy other a few more lots.

Bought 2 lots of STI ETF on 29 Oct 09

Today market gapped down again. I quickly use this opportunities to buy 2 lots of STI ETF using OA CPF.I don't care whether the market will go up or down as long as the dividends keep coming in.