Sold 16,500 shares of CapitaLand Investment on 6 May at $2.60
Total profit (including dividend) is SGD 5157.05 (13%) cash + 511 CICT shares (special dividend-in-specie of 0.031 CICT units per share) for 1 month.
Reason for selling:
1) Lock in profit
Main reason for selling within 1 month is purely to lock in profit. One shouldn't be too greedy especially when CLI shares price always go up down up down.
This year price trend seem to mirror 2024 where I also bought in April 2024 and sold it in Jun 2024 for a 11% profit for holding it just for 2 months period.
2) Once per year dividend
CLI only declare dividend once per year. Given that it went XD on 5 May, it will be 1 year wait for the next dividend to come.
Added 21,200 shares of Mapletree Industrial Trust (MIT) on 6 May at $2.02
This bring my total holding of MIT to 49,400 shares.
Reason for buying:
1) Average down my MIT price
I first bought MIT in 12 Jan 2022 at $2.59 and another major bought in 20 May 2022 at $2.43....
