New Astrea V

[limster]

Will this rise up to $1. 05 tomorrow?

my guess is 1.02-1.03 in the first week. maybe closer to the first CI/XI it will go up to 1.05.

Thinking of using SRS to buy more if can get for 1.02 or less

 

[Merg91]

A bit anxious.
My 2 family members : got 5k & another 6k
I am the lucky(hopefully) who get 18k.

 

[yongsaver]

my guess is 1.02-1.03 in the first week. maybe closer to the first CI/XI it will go up to 1.05.

Thinking of using SRS to buy more if can get for 1.02 or less

yes. 1.01 to 1.03 should be just right. can take reference from Astrea 4 yield to next call.

if below 1.00, can start buying cos yield is close to 4%. i standby money just in case some kum gong go and short or what..

 

[wira]

Applied $5k. Got 5000 units.

 

[skizzer]

yes. 1.01 to 1.03 should be just right. can take reference from Astrea 4 yield to next call.

if below 1.00, can start buying cos yield is close to 4%. i standby money just in case some kum gong go and short or what..

Do u know what’s the brokerage changes associated with buying and selling? Isit the same like trading of typical SGX stocks? Min commission 20 plus bucks for the three local bank brokerages, 0.2 plus plus percent, etc?

 

[limster]

yes. 1.01 to 1.03 should be just right. can take reference from Astrea 4 yield to next call.

I would say unlikely 1.01 because SIA unrated 3.03% bond is already 1.01.... Market will surely price an A+ rated 3.85% security higher than an unrated 3.03% bond?

 

[Merg91]

Wrong ipo?
Or fat fingers?

Applied 5k but get only 4k, have not see the refund yet from DBS.

 

[Pesantkie]

Premarket 1.03

Posted from PCWX using ONEPLUS A6000

 

[ocs_woodlands]

Market is too efficient. effective yield is below 3%

 

[yongsaver]

going for a nice restaurant makan this evening. congrats to all who hoot.

 

[yongsaver]

Do u know what’s the brokerage changes associated with buying and selling? Isit the same like trading of typical SGX stocks? Min commission 20 plus bucks for the three local bank brokerages, 0.2 plus plus percent, etc?

same as shares bro.

 

[Merg91]

Kiasi also go clubbing to get drunk.

going for a nice restaurant makan this evening. congrats to all who hoot.

 

[tth1311]

where is this share listed and traded in SGX? Did a search but not shown

 

[veryfurious]

ASTREAVB290620 on SGX. You can look it up under "fixed income"

Trading at 1.039. So you can make immediate profit of 3.9% of your allocation if you decide to sell it back on the market.

 

[yongsaver]

at 1.04, YTNC is close to 3% if use a cheap trading platform. sure beat FD and savings rate which give 2% and less and interest rate expected to go down some more.

 

[HolyInnocents]

how do i sell it?

it's not reflected in my dbs vickers

 

[SpeedingBullet]

at its current price, u effectively got one year's worth of interest in the pocket

 

[Pesantkie]

how do i sell it?

it's not reflected in my dbs vickers

Probably you need to do a transfer in?

I have a DBS Vickers account but I don't think it will be reflected?

I normally will do a bond transfer to FSMone and sell at around $10+



Posted from PCWX using ONEPLUS A6000

 

[HolyInnocents]

Probably you need to do a transfer in?

I have a DBS Vickers account but I don't think it will be reflected?

I normally will do a bond transfer to FSMone and sell at around $10+



Posted from PCWX using ONEPLUS A6000

It's not possible to sell directly on SGX right? I'm afraid that if I make a sell order on DBS Vickers it becomes naked short-selling.

Sorry I'm new to investing so I'm not too sure about a lot of things!

 

[ocs_woodlands]

The ASTREA V step up interest of 0.5% at Year 5 (if conditions met), is it just for the final interest payment only?