Be the first to like this.

3 comment(s). Last comment by Su Jackie 2012-03-10 23:43

Su Jackie

189 posts

Posted by Su Jackie > 2012-03-08 18:31 | Report Abuse

Right, please do not forget that someone is taking the shares to get the 10 sen dividend on Friday. Then it goes ex and drop 10 sen on Friday. Someone gets it at 7.31 - 0.10 = entry cost of 7.21. Then someone pushes up the share back (buy back) at 7.45 (after 1 week) and someone makes altogether 10 sen plus 24 sen all in make 34 sen which is 4.65 % = at least annual return of 242 % p.a. Can you understand ?? Of course when someone makes the money there is another one on the other side that loses the money. So get ready for CIMB to move up very fast soon.

Posted by WONG TONG GUAN > 2012-03-10 23:12 | Report Abuse

Khazanah acquired the share.

Su Jackie

189 posts

Posted by Su Jackie > 2012-03-10 23:43 | Report Abuse

By the way any idea who sold the shares to Khazanah?

Post a Comment
Market Buzz