As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Monday, 13 October 2014

SembCorp Industries (SCI): Bought @ $4.97 for Round 54




Round 53: ROC 4.1%, 444 days, B $5.24 S $5.49 (Bought back higher for short-term trading) 

Round 52: ROC 5.0%, 65 days, B $3.99 S $4.25 (Bought back higher for short-term trading)
 
Round 51: ROC 9.6%, 34 days, B $3.47 S $3.83 (Bought back higher for short-term trading)

Round 50: ROC 3.1%, 6 days, B $3.22 S $3.34

 
Round 49: ROC 7.9%, 91 day, B $3.14 S $3.41



Read?  SembCorp Industries: My 12 Years Story!!!

11 comments:

  1. Replies
    1. So, we should attain >6% yield to stay longterm?

      Delete
    2. My benchmark is twice CPF OA 2.5% i.e. 5% . Can liao for a blue chip with lower dividend payout ratio.

      Delete
  2. "Round 53: ROC 4.1%, 444 days, B $5.24 S $5.49 (Bought back higher for short-term trading)"

    This is example of no cut-loss strategy?

    Si Bai Chye. Lol.

    ReplyDelete
  3. What percentage of your investment portfolio do you utilise for short term trading?

    ReplyDelete
    Replies
    1. Currently, 47% in cash.

      Will slowly deploy rotting cash into stocks

      Delete
    2. Thought you will continue to keep this rotting and wait for the market crash to hoot big bg?

      After all, CPF OA still give you 2.5% interest guaranteed. :)

      Delete
    3. No. I am using cash that has been rotting in the bank.

      CPF investment account will be used only after cash depletion

      Delete
  4. {Approximately 99% of the time, the single most important thing investors should do is absolutely nothing.}

    I believe this is the most difficult to do. i can't do it, can't you?

    /////////
    "One of the main reasons we are all our worst enemies as investors is that the financial universe is set up to deceive us.
    From financial history and from my own experience, I long ago concluded that regression to the mean is the most powerful law in financial physics: Periods of above-average performance are inevitably followed by below-average returns, and bad times inevitably set the stage for surprisingly good performance.
    But humans perceive reality in short bursts and streaks, making a long-term perspective almost impossible to sustain – and making most people prone to believing that every blip is the beginning of a durable opportunity.
    My role, therefore, is to bet on regression to the mean even as most investors, and financial journalists, are betting against it. I try to talk readers out of chasing whatever is hot and, instead, to think about investing in what is not hot. Instead of pandering to investors’ own worst tendencies, I try to push back. My role is also to remind them constantly that knowing what not to do is much more important than what to do. Approximately 99% of the time, the single most important thing investors should do is absolutely nothing."

    Jason Zweig


    ReplyDelete
  5. Share Buy Back - Daily Share Buy-Back Notice

    Date of Purchase 13/10/2014
    Total Number of shares purchased 300,000

    Price Paid per share SGD 4.96497
    Highest Price per share
    Lowest Price per share
    Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares SGD 1,491,403.51



    ReplyDelete

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