*As of 31 July 2015
|
Counters |
No. of Shares |
Average Price (SGD) |
Total Capital Invested (SGD) |
1. |
Croesus Retail Trust |
10,000 |
0.9282 |
9,282.00 |
|
Cash Reserves and Equivalents |
|
|
40,718.00 |
|
Total SGD |
|
|
50,000.00 |
Total Invested Capital = $9,282.00
Total Expected Dividends/month = $760.00*
Average Dividend Yield = 8.19%
*Based on recent annualised dividend of 1.9 cents (Q3)
To sum it all, the month of July was basically a bull trap. From the relief of the Greek outcome, to the plunging of the index way below the previous lows tested during the depths of the Greek saga.
The STI closed at a low not seen since early last year; with intraday trading hammering the STI to as low as 3,184.57. This was surprising given the not so heavy sell-offs from the other indices around the world. Basically, the hopeful bulls emerging from the Greek ...
...