Hi..I am new here..may I ask sifu here when can we sell our shares but still entitled for the s.dividend? After the ex-date or entitlement date or...???
some just dont want to take on the risk of price adjustment after ex date, so they prefer to sell before that and reap in instant profits first. the special div is quite a large amount so adjustment might or might not take this into account. nothing to do with bad or wrong share. for eg, i bought P&O, took in the big dividend, but the price got adjusted down so badly im still in big negative. as opposed to counters like digi which will still climb after ex date...
to play safe, can consider sell half. for those hold long enough they won't have issue like this, a result of too frequent buy sell buy sell, hoping to squeeze every cent but in fact fall into bigger risk. luckily, 3 months not that long. yr $ yr choice!
We first bought KPS at 50 cts in Year 2006. We felt KPS was cheap because it has a very defensive business in water utility. And KPS has an NTA of over RM2.00.
After buying at 50 cts price started to drop till 40 cts. We continued to buy. But it was painful at every drop - like picking up falling knives!
At one time KPS DROPPED TO ITS LOWEST - A MERE 39 CENTS ONLY! However prices have shot up from there to Cross Over RM2.00 today. We made quite GOOD MONEY from KPS!
Now we are looking for another defensive stock with high NTA & potential to go up similar to KPS in year 2006. Is there such an undiscovered gem?
Yes! We finally found one. That Stock is PM CORP (4081. PM CORP is another KPS In Waiting. PM CORP is Very Defensive (Food Manufacturing), has High NTA, Cash Rich (Almost debt free) AND BEST OF ALL - IT IS GIVING CASH PAY OUT SOON.
Posted by iafx > Oct 1, 2013 09:42 AM | Report Abuse @lwalk, trying for herd effect, too bad is the black sheep taking the lead... :D :D :D
Black sheep? As far as I can read, calvin may be promoting his favorite stock here and there but he presented his case very convincingly with all the facts and figures (Oop, i forgot that you hate facts and figures). He is far far ahead of you in knowledge of finance and investments.
Please try to criticize his logic and reasoning constructively with yours rather than getting personal.
Company Name KUMPULAN PERANGSANG SELANGOR BERHAD Stock Name KPS Date Announced 18 Sept 2013 Category Entitlements (Notice of Book Closure) Reference No KP-130717-AE6A3
EX-date 02/10/2013 Entitlement date 04/10/2013 Entitlement time 05:00:00 PM Entitlement subject Special Dividend Entitlement description Special dividend of 26.67 sen per share less income tax at 25% in respect of the current financial year ending 31 December 2013.
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Posted by Newjune > 2013-09-25 15:57 | Report Abuse
awww..someone blocking the road and slowly push back it down..:X