Showing posts with label Wilmar. Show all posts
Showing posts with label Wilmar. Show all posts

Sunday, 24 December 2017

Recent Actions - Nov and Dec 2017

Short update for the months of November and December to conclude the year.

1) Bought 5,000 shares of Viva Industrial Trust @ $0.955 for my income portfolio. Did the same for wifey's as well.

2) Bought 3,000 shares of SingTel @ $3.64 for wifey as part of her income portfolio after recent XD.

3) Bought 10,000 shares of RHT Health Trust as a punt on the acquisition by Fortis.

4) Received dividend of S$325 from ISOTeam.

5) Received dividend of S$99.32 from Suntec Reit.

6) Sold 3,000 shares of Wilmar after signs of price weakness and failure to break through resistance. Could have earned more but decided to lock in profits first.

Wednesday, 15 November 2017

A Vote of Confidence for Wilmar

Two days ago Kerry Group Limited acquired $225,417 worth of shares in Wilmar at an average price of $3.45.

This has increased their stake in Wilmar to slightly over 11%.

Of particular significance is the price of $3.45 which might be the fair value deemed by the big boys.

This is no doubt a good news and a vote of confidence for Wilmar.

Personally I will continue holding my small stakes. It makes sense for small players to follow the big boys trend isn't it?

Snippet 1: Our former foreign minister Mr George Yeo is the chairman of Kerry Logistics and director of Kerry Holdings Ltd.

Snippet 2: Malaysia's richest man and sugar king Mr Robert Kuok is the chairman of Kerry Group Ltd.

And a big source of his wealth is his stake in Wilmar.

Wednesday, 30 August 2017

August Updates

August has been a good month for me in terms of investments.

Dividends

Dividends Collected

S$1,486.57

This comes from M1, SingTel, OCBC, CapitaLand Commercial Trust and Suntec Reit.

Stocks Purchased

Mapletree Logistics Trust @ S$1.185

This purchase forms part of my long term portfolio. Reasons for entering have been shared here.

Comfort Delgro @ S$2.18

Bought a second tranche when the price took a battering recently. This lowered my average price and subsequently I sold my holdings to take in some profits.

However I will enter CDG again once the opportunity arises as it is still a solid stock that I fancy and my belief in its fundamentals remains unchanged.

Wilmar @ S$3.11

I have been monitoring Wilmar for some time and when the price dropped recently to what I felt is a value with sufficient safety margin, I decided to make my maiden purchase into this commodities giant.

This will be a short term trade for me as it does not fits into my long term plan.

Stock Sold

Comfort Delgro @ S$2.33

Sold CDG for a small profit during the mini run up on news of possible collaboration with Uber. Decided to lock in the profits first for deployment elsewhere.


Last but not least, I received a bonus S$100 in the form of NS50 vouchers. Cheers!

Tuesday, 30 May 2017

Recent Actions - April & May 17

Just a quick update on my stock related activities for the past two months.

S$1,282 contra loss on Rotary Engineering.

S$590 M1 dividends received.

S$121 Comfort Delgro dividends received.

S$400 Capitaland dividends received.

S$97 Suntec Reit dividends received.
 
On the watch list, some of the counters have been inching towards or have reached my buying target price.

I am keeping a close eye on:

ISOTeam - to add more on further dips

Raffles Medical, ThaiBev and Wilmar - to initiate position

Will enter when the time arrives.
 
I have not been that successful in trading recently. However at least I know what went wrong. Will definitely keep these lessons in mind.

Last but not least, I hope to be more active in the market in the coming months. But I won't buy just for the sake of buying. After all a bird in hand is worth two in the bushes.