Read? Lost Your Money In Hyflux??? (2)
Read? CPL - Lucky Round Number @ $4 (SOLD)
Monday, 28 January 2013
CPL - Sold ROC 37%
Not the best kind of returns. :-(
Round 18: ROC 37.0%, 1038 days, B $2.90 S $4.00
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Those Hero stocks of 2009 - 2011 that helped to recover from 2007 to 2009 draw-down of - 53%
Top two past heroes are dead!
Noble (Wrote off)
Olam (All sold)
Kep Corp (Top 1 holding)
Semb Corp (Top 2 holding)
Semb Marine (All sold)
Hyflux (Wrote off)
Biosensors (Taken Private)
CPL (Reduce to minor holding) <--- Another forced recovery of invested capital soon to switch Horse!
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Hmm .. after cash recovery of $0.951; net investment cost as follows :
Capitalandinvest @ $2.92
CapLand IntCom T @ $1.96
After donkey years of sucking Panadols on CPL paper losses; this Buy & Hold position after restructuring; now no more paper loss. Looking forward to sweet Panadols! :-)
Mr Market is always Right!
Posts
I am not looking to add on to this position. Waiting for right issue to round up odd lots!
ReplyDeleteMiguel Ko, chairman of CapitaLand Investment, has snapped up just over $2 million worth of shares in the company on its trading debut.
ReplyDeleteOn Sept 20, Ko paid $2.9349 each for 700,000 shares.
CLI shares started trading by way of introduction on Sept 20, following the restructuring of CapitaLand into two parts: a privately-held development business, and CLI, the publicly listed real estate management platform.
Prior to this, Ko, a non-executive, non-independent director, held just 3,679 shares. He was appointed to the board on June 2.
CLI shares closed Sept 21 at $3.16, up 7.12%.
CW,
DeleteTalk about "edge" in investing!
LOL!
No wonder it's almost the only counter that is green now...
DeleteKo Kai Kwun Miguel @ Ko Miguel, chairman of CapitaLand Investment, increased his holding in the company, acquiring 600,000 shares for S$3.4279 each in a market transaction, taking his direct interest to 0.025 percent from 0.014 percent, according to a filing to SGX Thursday.
ReplyDelete