The market is on a roll. Guess it will be a matter of time 3500 will be breached.   I further reduced my stake of Singapore Shipping for 33 cents. I sold 10 lots and is left with only 10 now.   As for China Merchant Pacific, I have divested completely.   It is not actually a easy decision for these 2 counters   I believe singapore shipping to be a dividend grower. Perhaps increasing dividend to 1.5 cents and then further to 2 cents when all the new brought ships bring in the charter income.   Assume 2 cents dividends, it's a very decent 6% yield at current price and a good 8% yield at cost.   I however decided to lock in 4 years worth of 2 cents dividends as profits. It's ok if it go up further, in fact, the day high is 35 cents. I still have 10 lots ......