Friday, 30 March 2012

Cordlife

I bid for Cordlife IPO on 27th March 2012 for 100 lots and in the end I got 10 lots ($0.495/lot)and sold them on 30th March 2012 for $0.75/lot.

Earned a profit of around $2500!

A good start for my portfolio although it is not part of my dividend play.

Haven been buying any dividend stock recently because of the overvalued prices of some stocks.

Will be taking on these stocks when there is correction!
1) SPH
2) Starhub
3) Singtel
4) First REIT
5) CACHE

Noticed that CACHE has gone XD recently and the priced dropped to around $1.00

I wonder if it is a good price to enter!

Advice welcomed!