Vicom announced its Q2 result on 10 Aug 2016.
The result was announced after market closed and the share price closed at $5.91.
As expected, revenue dropped.
Unexpected is dividend also dropped.
I had added 2,700 shares of Vicom @ $5.75 in 30th Jun for FIFO purposes - Read here
Given that a lower dividend ($0.08) was declared, I am thinking the share price might drop when market open tomorrow.
Therefore, I went to place a sell order of 2,700 shares @ $5.88 (Target profit $0.13 instead of the dividend $0.08).
On 11 Aug morning, only 300 shares was done @ $5.88, pending 2,400 shares to be sold. I forgotten that Vicom usual daily volume was not high in the first place. Therefore I started to panic as I do not want to pay nearly $30 for the broker fees just for 300 shares. I went in to adjust my sell price 2 times in order to ensure all my 2,700 shares can be done by today. In the end, my average sell price was $5.83 (Profit $0.08/shares) and I accounted for 1/4 of the total Vicom volume for that day.
To FIFO, one have to note on the daily volume too.
Lesson learnt.
Sunday, August 14, 2016
Saturday, August 6, 2016
Pokemon Go is live in Singapore... Cheat code to catch Pikachu as your first pokemon
Singapore, are you ready to CATCH THEM ALL??
When you first launch your game, you will see Squirtle, Bulbasaur & Charmander in front of you.
If you prefer Pikachu, just walk away...
Squirtle, Bulbasaur & Charmander will spring out in front of you again and again and again until
you walked for around 6mins before Piakchu will appear (At the 4th spring out).
When you first launch your game, you will see Squirtle, Bulbasaur & Charmander in front of you.
If you prefer Pikachu, just walk away...
Squirtle, Bulbasaur & Charmander will spring out in front of you again and again and again until
you walked for around 6mins before Piakchu will appear (At the 4th spring out).
Enjoy your Pokémon GO and look out for your safety while playing!!
Tuesday, August 2, 2016
Added: DBS
Added 1600 shares of DBS today at $15.08.
Thats almost empty out my warchest.
Buying of DBS today is for FIFO (Fast In Fast Out), not for holding long term.
Reasons for buying:
1) DBS will be announcing Q2 result on 8th Aug. Expecting 30-32cents of dividend
2) DBS PB at 0.90 only (OCBC PB at 1.00 while UOB PB at 0.93)
3) DBS was at $16 range between 15th - 27th Jul.
4) Price had drop around 6+% from 27th Jul to today.
5) Comfortable at low $15 price range since DBS CEO purchase their shares at $13.88 this year.
6) If price continue to fall further, will just hold this and wait for rebounce as DBS is a solid blue chip too.
Thats almost empty out my warchest.
Buying of DBS today is for FIFO (Fast In Fast Out), not for holding long term.
Reasons for buying:
1) DBS will be announcing Q2 result on 8th Aug. Expecting 30-32cents of dividend
2) DBS PB at 0.90 only (OCBC PB at 1.00 while UOB PB at 0.93)
3) DBS was at $16 range between 15th - 27th Jul.
4) Price had drop around 6+% from 27th Jul to today.
5) Comfortable at low $15 price range since DBS CEO purchase their shares at $13.88 this year.
6) If price continue to fall further, will just hold this and wait for rebounce as DBS is a solid blue chip too.
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