$Q&M Dental (QC7.SG)$ good results, price down, XD coming, d...
$Q&M Dental(QC7.SG$ good results, price down, XD coming, down further...... Why are broking house still give high target price for this counter?
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A Academy : Enter at your risk. It is trading along support line but no signs of rebound from support as of latest trading day.
Baby steps : I think that's normal. The stocks fall once they announced the dividend or after the ex-date.
Baby steps : I learn from the hard way....![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Blessedme Baby steps : Most stock prices down after dividend exdate or payout.
102858656 OP Blessedme : Will go down further when ex bonus? If that is the case, must well sell now......
Blessedme 102858656 OP : Not sure if price will go down after Bonus. But everyone needs to go for dental. Since they are giving bonus, it means they are doing well. I just hope the price will rocket up to One dollar.
Blessedme : Q&M pays 3x dividend a year.
bullrider_21 : theoretically, market cap remains same after bonus issue. so more shares mean price has to come down
龍眾舞 bullrider_21 : If give u bonus share and price drop since u said theoretically market cap same, my question for u is, is that still a bonus? How is that a gift/reward for shareholders who have been supporting the co?
bullrider_21 龍眾舞 : That's the short term effect. If the market cap or price was to rise after bonus issue, then every company would be issuing shares.