conflicted...
if now price, collect dividends will be equivalent to $41.7/8+ per share.. but worried that price will drop even more cause price abit too high now...
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
R and R : Thats exactly what many people said when price was at $31. This kind of statement never go old. I bet we will see this again when price hit $70.
Explorer_ R and R : It is going to repeat for every divd expiry
103775419 OP R and R : hm yeah i noticed this during the last earnings too when people expected price to drop after exdate but it didnt, probably cause market was good. but this time the price really shot up a lot and havent consolidated though, so im not sure if its risky or not
103288050 : If you plan buy and sell after div for quick money, I personally don't think worth the risk. This stock is better for long term investment.
Ian YYL : price is not high now, it's actually low. I show a quick calculation. before recent earning announcement, the price is 39 (let's assume this is the base price). with a 15% increase in earning, plus a 3billion share buy back (equivalent to about 2.5% increase in value) plus the upcoming dividend (about 1.2-1.3% of Share price). this is an 18% increase in share price from 39, which will come to $46, which is quite near to the recent revised target price by some analysts. Of course this is a simple calculation but it should give an indication if the current 42 is a "high price". And also note that, the share buy back is yet to happen, when dbs buys $3 billion from the market, it is very likely to push up the price in the process. i just added some just now as there is a 1% drop today. my 2 cents
Ryebread Ian YYL : Really interesting. Will revisit this comment next month. All the best for every one.
Fluffytrade :