Singpost: 10,000 shares @ $1.02
SPH: 6000 shares @ $4.18
SPH: 6000 shares @ $4.005
SPH: Contra 6000 shares @ $4.08
Realised trading gains of $280
HL Finance: 3000 shares @ $3.48
Realised gains of $138
Singpost: $500 (FY 07 final dividend of 2.5 cents/share)
In July 08, I received $500 dividends from Singpost and made $280 trading SPH when market went up 3% the following day. Together, I have a net cashflow of $780 in July 08.
I sold (contra) SPH for short term gains because SPH rebounded very sharply together with the broader market which in my opinion was unsustainable. I was actually correct as SPH went down to $3.96 the following day. I stayed by the sidelines and was hoping to pick up more when it falls to $3.90.
HL finance is due to report its 2H report in August. I believe it will come out with a decent set of results. This counter has a low trading volume and is quite a safe counter to hold. It currently trades narrowly between $3.41-$3.58. I will pick up more using cash or CPF to earn some extra bucks.