sharinginfoz - On the 4th on Jan ( ex-date for div ) the share price of Gkent auto drops 1.5cents ( opening ).and all shareholders before the 4th Jan 2019 will be entitled to dividends. They can sell on the 4th and isstill entitled to the div.
If you sell on 4 jan and forward you will still get the dividend. Because it takes T+3 to process for the transfer of share ownership. So for example you sell on 4/1 , later on the entitlement date 8/1 your name will still be on the list of shareholders therefore you will get your dividend
But with the condition that you must buy the share before the ex-date 4/1. You do not get the dividend if you buy on ex-date 4/1 and sell it after that
Good good. But for now you can see clearly this is just the overall contruction sector rebound, nothing specifically relate to gkent. If gkent wanted to rise up further and maintain at the top then they should show us some good fundamental prospects.
Remember this idiot 敏源 from Nanyang Siang Pao. On the 10th (https://klse.i3investor.com/m/blog/nanyang_stock_expert/189511.jsp) he said GKENT to test RM 1.06 and today the price straight drop more than 5%. It's happened a few times before. Every time he said GKENT price to rise, the price will drop. His prediction so far never fail.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
PHBNsameshit
104 posts
Posted by PHBNsameshit > 2019-01-08 14:03 | Report Abuse
thanks mate.