No. | Stock | Lots | Dividends Collected | Average Price | |
1. | Capitaland | 2 | $0.00 | $3.73 |
Realised Profit: $160
Last month, I have sold off all 20 lots of Advanced SCT and 1 lot of Noble Group at a small net profit of $160 after deducting brokerage fees. Then, I went hunting again for growth stocks.
My original plan was to scoop up a few lots of Genting SP at around $1.95 after it announced a drop in profits. Unfortunately, my target price was not met.
In the end, I added 2 lots of Capitaland at $3.73 as this counter had triggered my target price. This is a good opportunity for me to load up for the "Capricorn Effect" and Chinese New Year rally in 2011.
China is expected to raise bank reserves requirement and interest rates soon in order to fight high inflation rate. This will have a negative ......