Sold my APM too, at 4.85. Volume has been very low for this counter. Although there are still some buy interest from a major shareholders, especially owners from TanChong, I have decided to move my investment elsewhere. Another reason is that the past few quarter earnings has also been pretty disappointing.
My entry price for APM is 5.00. Similar to MBMR, APM declared dividends twice in between my holding period. Once in April for a dividend of 12cents per share and the other dividend is in September with a dividend of 10cents per share. With a combined dividend of 22cents per share, I'm actually running at a small gain, but I prefer to assume as breakeven.
Showing posts with label APM. Show all posts
Showing posts with label APM. Show all posts
Monday, October 17, 2011
Thursday, September 29, 2011
Received my 4th dividend - APM
Just checked my email and found a notice for my fourth dividend has been banked into my account. APM declared 10% dividend, or 10cents per share, less 25% income tax. The timing of these dividends could not have been better as I need money for my vacation.
Friday, April 22, 2011
Bought APM today, 22nd April 2011
After many days of queuing to buy, it finally matched ! Bought APM @ 5.00 during the last 15 minutes before market ends for the week.
Why APM ?
- major shareholders has been heavily buying back its shares
- good track of quarterly profit
- attractive PE
Why APM ?
- major shareholders has been heavily buying back its shares
- good track of quarterly profit
- attractive PE
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