Monday, 25 August 2014

2014 Dividend Accumulator XVII

Still nothing exciting.

01 Jan $197.14
10 Jan $1.55
05 Feb $7.47
01 Mar $75.00
04 Mar $7.11
01 Apr $23.01
02 Apr $34.97
21 Apr $182.00
30 Apr $105.84
02 May $65.31
18 May $150.00
21 May $500.00
26 May $13.62
24 Jun $38.65
17 Jul $83.33
27 Jul $57.52
20 Aug $76.00
25 Aug $83.85

Total Dividends for 2014: $1,688.75
Average per Month: $140.73

Sunday, 24 August 2014

Giken Sakata Is On The Rise

Courtesy of The Edge magazine.

This interview with Sydney Yeung, Giken's largest shareholder, says it all. 

Do you believe in it's story? I actually initiated coverage of it in May.



Wednesday, 20 August 2014

2014 Dividend Accumulator XVI

Boring stuff.

01 Jan $197.14
10 Jan $1.55
05 Feb $7.47
01 Mar $75.00
04 Mar $7.11
01 Apr $23.01
02 Apr $34.97
21 Apr $182.00
30 Apr $105.84
02 May $65.31
18 May $150.00
21 May $500.00
26 May $13.62
24 Jun $38.65
17 Jul $83.33
27 Jul $57.52
20 Aug $76.00

Total Dividends for 2014: $1,604.90
Average per Month: $133.74

Tuesday, 19 August 2014

Prospect Capital (PSEC) Secures More Biz

This is very good news for shareholders.

The dividend yields are at close to 13% and dividend are distributed monthly.

Share price is steadily heading upwards even when the general market is not doing so well.

How can I complain?

Monday, 11 August 2014

Charisma Energy Services Secures USD 276mio Contract

Charisma Energy Services announced on 7th August that it has partnered with the Alaska Industrial Development and Export Authority (AIDEA) and secured a 7 year oil processing facility charter contract with a value of approximately USD 276 million.

This is great news for shareholders! It is exactly what the management promised during its AGM in April.

However, the price actually shot up to 4.5/4.6, before languishing back at 4.2/4.3 today. So what is going on?

Well I'm not really sure I can explain any of it, but what I do think is that its share price is being depressed by the existing Charisma warrants still floating out there awaiting to be exercised. This has adversely affected its share price before, and looks like it will continue to act as an overhang, preventing it from moving up further in spite of the large contract wins that we foresee coming. This comes in the form of a previous announcement 1,000,000,000 warrants currently floated that are expiring in 2016 that have a strike price of 0.025.

Hopefully we will see alot more contracts coming in soon.

HUAT AH!

Tuesday, 5 August 2014

What's Happening To Charisma Energy Services?

Charisma Energy Services released its first half 2014 results on 29th July.

The results were quite in line with what was actually mentioned during the AGM, which was fairly good. It was turning in a profit after several quarters in the red zone.

Then suddenly its share price broker the 4.9/5.0 cents support and is now languishing at 4.1/4.2.

I really wonder what is happening man.

But I am feeling quietly confident enough to accumulate some more on its way down.

HUAT AH!