Friday, January 16, 2009

Miss out on Singpost....it now at $0.80...


Been looking at this share....since last year...but didn't go into buying it cos thinking it will go down further...but I was wrong....It shot to 0.80 just this year....been hovering there since...

Market fell this fews days fail to put it down...still maintain...show how "steady" this defensive share is...

It gives good dividends as well...though the latest one is the lowest...but it still worth 2.5cent per share...works out to around $25

Was told they give out dividend on a quarterly basis...that make about a yield of about 9 to 10% interest .......this look interesting....will be monitoring this stock closely...

Target...buy-in price....between $0.69 to $0.71.
Profit sell price .... $1.03 to $1.07...if it ever reach this level :-(

"Bear" period is always a good time to buy in on Blue Chips...their prices are at an all time low...

Looking also at the following stocks but need to do some research before putting my money
  • SPH, (High of $4+, but now at $2.73, dividends just issued)
  • SPC, Oil Business, (High of $6, now at only $2.28...likely due to the dropping oil prices?)
  • Genting (Currently @ $0.46...hold it till IR and beyond...high of $0.57 (30% increase)
  • SMRT ($1.69, high of $1.98)
  • Reits (Suntec, Ascott, First)

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