Sold 16,000 shares of CapitaLand Ascendas Reit on 1 Apr at $2.72
Total profit (including dividend) is SGD 3332.99 (8.07%) for 4 months.
Reason for selling:
1) To raise cash to purchase Fraser Centrepoint Trust PO
FCT was trading at above $2.15 prior to 1 April and with FCT PO price at $2.05, it make sense for me to apply for the PO + excess.
9 April Afternote:
I was so lucky to dodge a bullet when the Global stock market was in a meltdown due to Trump Tariff shortly after I sold Ascendas REIT.
This SGD40k+ came very handy to be in my warchest to allow me to scoop up stock cheaply.
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