Sunday, January 24, 2010

Trades for the week 11 Jan - 15 Jan 2010

Bought:
Stamford Land - 6,000 shares @ $0.43667 (11 Jan 2010) (combination of 1,000 share @ $0.42 & 5,000 shares @ $0.44) - SRS
Uni-Asia Finance - 5000 shares @ $0.54 (12 Jan 2010)

Sold:
Allgreen Properties - 8,000 shares @ $1.30 (14 Jan 2010) - CPFOAIS

Stamford Land
According to Watchlist I, my target price is $0.42. Actually placed my order for 6,000 shares @ $0.42, but initially the order was only partially filled for 1,000 shares @ $0.42 (which was a day-low for 11 Jan 2010) and subsequently the price shot up to $0.45 on the same day. I was hesitating on whether to change my price for queuing for the remaining 5,000 shares so that the commission fee will not be wasted. Eventually, I so decided to queue for the remaining 5000 shares @ $0.44 which was eventually filled. I hate this when only 1,000 shares are fulfilled when I place an order of more and having to make the decision of buying more on the same day or leaving as it is.
- Will be holding this for Long term capital gain in my SRS investment portfolio

Uni-Asia Finance
- Looking at short term trading

Allgreen Properties
- Bought @$1.23, sold @$1.30 - Profit of $480.25 after commission fees (CPFOAIS)

2010 Realised Profit to date: $480.25 (CPFOAIS)
2010 Dividends received to date: Nil

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