Tuesday, July 31, 2012

"July 12" - Transactions Update

July has been a rather busy period for my portfolio as it undergoes a restructuring process as I decide to sell my low dividend yield stocks which coincidentally had a run-up in July.

On my Singapore portfolio, I have sold my positions notably in Comfort, CMT and CMA, all of which had a run up of more than 10% from my purchase price. These are without a doubt good blue chip stocks to have in any portfolio but with a low dividend yield of below 4%, i decided to sell them.

With some cash on hand, I decided to purchase Neratel, Noble and AHT. I am most pleased with my purchase of Neratel as within a few days after my purchase, they went to announce their dividend of $0.04.

Noble has been performing rather disappointingly, which is one of the reason why I have purchased them albeit at a much slower rate than the others, thus allowing me to average them down should I see the need to.

There has been much discussion regarding Ascendas Hospitality Trust (AHT) IPO on whether the stock is attractively valued at $0.88. The opening day on Friday was disappointing, especially that we know the IPO was oversubscribed. With a dividend of almost 8%, I guess it'll be a good buffer for now.


Transaction
Date
Counters
No. of Lots
Price (S$)
Amount
Sell
03/07/2012
ComfortDelgro
3
1.560
S$4,680
Sell
03/07/2012
CapitalMallTrust
1
1.920
S$1,920
Sell
03/07/2012
FraserCenterPoint
1
1.700
S$1,700
Sell
11/07/2012
CapitalMallAsia
7
1.620
S$11,340
Buy
12/07/2012
Noble
3
1.110
S$3,330
Buy
16/07/2012
Neratel
10
0.430
S$4,300
Buy
27/07/2012
Ascendas Hospitality Trust
5
0.89
S$4,450
Buy
31/07/2012
Neratel
4
0.405
S$1,620


On my US portfolio, I have sold off all my positions in Halliburton. Though not much gains in terms of dollar value, it has went up about 10% from my purchase price.

Another reason why I decide to sell HAL is also because I still have an open position at Schlumberger (SLB), which I deemed much more attractive than HAL and could further spike up on any ECB or Fed news. Even if not, the price I bought at is attractively enough for me to hold on to the position for now.


Transaction
Date
Counters
No. of shares
Price (US$)
Amount
Buy
10/07/2012
China Petroleum & Chemical
2
83.20
US$166.40
Sell
25/07/2012
Halliburton (HAL)
50
31.50
US$1,575


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