$SPH(T39) looks relatively yummy at 5.5% yield and current valuation.
Same dividend yield as SPH Reit.
Going to Q at 3.05 to support this down and out old turtle stock.
Boring Turtle's positions
Updated as of Mar 2019
Did not add any new buys since Jan 2019. Looking to dispose KepCorp and SPH by this year to raise more funds for physical property purchase.
Plannning to keep STC and FEO as longer term core holdings.
Intend to have at least 200k investment portfolio capital to at least be able to grow the portfolio back to 500k. 留得青山在，不怕没柴烧。
Average annual dividend yield around 3% to 4%.
You define yourself as investor or trader before you decide whether to hold, cut or add to your positions.
Don't waste too much money paying unnecessary brokerage fees.
Convicted to your picks if nothing fundamentally changes, everything else remains equal and with a lower stock price, Mr Market is giving us an opportunity.
If you cannot sleep at night, cut and run, nothing more important than our own health.
Super bearish but old Turtle like it.
Not 1 year low, Not 5 year low, its bloody nearly GFC low from chart perspective of course valuation would had been different between now and then.
Bloody Mgmt still don't want to conduct share buyback.
Dividend Payout: 75%
DPS: 13 cents
Remember every stock (except lemons) is attractive at a certain price. Loh Soh Turtle once again.
Turtle's calculative and contrarian view. IMHO, I don't see a huge downside from current level.
Will it raise tomorrow 1 day before XD (7 cents) on 6-Dec 2018?
Got 10000 shares at closing at 2.63 today (quite lucky that they didn't give me 1000-2000 shares, lol).
** Deleted my previous estimation as I put 3.67 (LOL) in error **
Contra trade 10,000 shares @ 2.62 for T+5 days. Let's see how it goes. Supported by 7 cents dividend til XD in Dec.
Contra Turtle in actions.
IN Restriction: Market estimation target price needs to be higher than current price 2.62 by 2% at 2.672
My TP price is actually 2.65, I will make profit from 2.64 onward.