I was keeping watch when SingPost next dividend will come and realise that its gonna ex div only in July. Will liquidate most of it currently.
At 5.7% yield and at a high price I hope to pick this baby up at somewhere below 1 buck. If The price remains stable, this is one stock that i can always get back in. Its not gonna accelerate upwards like those speculative stocks.
There are also many good alternatives out there so i am not afraid here. At this juncture being in cash is not too bad. But i am not going to pass judgement on where the market is going. Its a foolish game.
I do what i need to do
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K
Thursday 1st of July 2010
Oh I see. Just thought I ask since I read tht you might be interested in getting back in come dividend. Anyway, may I ask why you are cutting back on Singpost?
Great blog btw. Enjoy reading your posts & learning from you.
K
Thursday 1st of July 2010
Isn't it CD for Singpost?
~K
Drizzt
Thursday 1st of July 2010
yes it is. i have already pared down sing post so i dun think i will get alot.
Kerry
Tuesday 29th of June 2010
Hey Drizzt, Dividend time's approaching. Have you gotten your lots yet?
~K
Drizzt
Thursday 1st of July 2010
Sorry but dividend time for which stock?