Stock
China Life to Conduct 2:1 Split
According to Briefing.com, China Life Insurance (LFC) will conduct a 2:1 stock split when the trading begins on December 29th. There have been some rumors on Yahoo! Finance discussion board lately about the split, but this is the first official announcement. Closed near $140 yesterday, the price after the split will be much more affordable. [...]
My Stock Holdings
More than half of our taxable investment assets are in individual stocks. Currently I have 14 stocks/ETFs at four discount brokerage firms plus ComputerShare, the DRIP program provider. Following is a list of stocks I own:
Symbol
Value
Firstpurchase
%Gain
Monthlypurchase
BAC
$1,014
11/10/06
-3.37
$50*
GRRF
$3,544
03/30/06
-12.17
$0
LFC
$50,910
12/17/03
273.20
$0
MSFT
$6,014
11/10/04
0.72
$0
QQQQ
$50
12/07/06
0.62
$50
NT
$6,223
01/21/04
-50.59
$0
PGJ
$7,848
12/21/04
39.40
$0
PEY
$7,562
04/25/06
9.85
$100
PFM
$1,169
06/06/06
5.70
$100
PSI
$3,528
03/14/06
-5.99
$0
PHO
$4,650
03/14/06
6.30
$0
PID
$3,796
09/29/05
24.50
$0
PGN
$316
11/15/06
5.33
$50*
TSM
$14,269
12/13/02
53.18
$0
LFC Won Regulatory Approval for Domestic Listing
According to Reuters, China Life Insurance (LFC) has won approval to sell its class-A shares in Shanghai, which could raise $3.2 billion or 25 billion yuan, making the offering the second largest in the history of Chinese domestic public offering. Encouraged by the news, LFC is now trading above $105 in NYSE, more than $3 [...]
LFC to Close Above $100 for the First Time
So I didn't buy Google two years ago and now it's traded near $500. But I have LFC.
China Life Insurance (LFC), my biggest gainer so far, is on track to close above $100 for the first time today. Currently traded at $101.70 per share, LFC has seen its stock price more than tripled in [...]
Nortel Consolidated Its Common Shares
When I looked at the quote of Nortel Network (NT) this morning, I couldn't believe what I saw: $20.96 per share, up 875% from yesterday!
What's going on?
Well, nothing much except that now I only own 230 shares instead of 2300 shares yesterday. NT implemented the consolidation today. The reverse split is at a ratio of [...]
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