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Hi, is someone able to share with me how to decide when to keep or sell this stock? Thanks.
New123 ( Date: 25-Apr-2012 11:05) Posted:
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i think u may see $1.05 in times to come...
genting^2 ( Date: 19-Apr-2012 12:29) Posted:
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Just make life simpler, 10000 shares of S$1.
If it rises to 1.05, it will be $500 profit.
500/10000 = 5%.
the share pays $0.05125 per year in perpetuity for every $1 shareholding (ignoring semi-annual compounding to make it simple.) the yield from similar securities like hyflux preference shares is around 5.11% pa. so the price of genting is $0.05125/0.0511 = $1.003.
if the price hits $1.004, the market is expecting a yield of $0.05125/$1.004 = 5.1%
Oops ... i got it wrong again. Whatever is it .... just for the sake of fun.
genting^2 ( Date: 19-Apr-2012 10:37) Posted:
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Wrong lah. If based on your calculation, it should be 1.025.
also, we have to take transaction fees into our consideration
edchai ( Date: 19-Apr-2012 10:19) Posted:
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wrong claculation ... wanted to state 1.0025 :-) So, it would be 1.002 ~~ 1.003.
My estimation is based on its yield 5.125%. As the issuer paying coupon in every six months, 5.125% / 2 is about 2.5%.
Make sense ?
genting^2 ( Date: 19-Apr-2012 08:12) Posted:
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Day high 1.004
lets see what is the value over the years....
genting^2 ( Date: 19-Apr-2012 08:46) Posted:
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So far highest is 1.002
Why 1.025
my guess 1.025
genting^2 ( Date: 18-Apr-2012 19:54) Posted:
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What price do you think it will launch tomorrow morning?
btw, just to confirm the code is it
P9GZ
I got full...
Actually, who ever applied for it, got it. Either full or partial.
genting^2 ( Date: 18-Apr-2012 16:37) Posted:
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I got some too.
Is over-subscribed. I got some too!
edchai ( Date: 18-Apr-2012 16:34) Posted:
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Yes. Just wondering how many of you applied its IPO ? I got some.
New123 ( Date: 18-Apr-2012 13:58) Posted:
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very good yields as compare to the bank int.. I think may trade above $1.02 tmr...
edchai ( Date: 18-Apr-2012 13:50) Posted:
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