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$GENM (4715.MY)$ Currently, GENM's highest point in August i...

$GENM (4715.BMS)$ Currently, GENM's highest point in August is 2.60, and it announced a dividend of 6 cents tonight. We'll just have to wait and see tomorrow's closing price can break through 2.60 (preferably 2.66) and close at the highest closing price in August.
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  • 101835278 OP : At the end of August, GENM did not achieve the expected 2.660, but closed at a decent 2.520. What will happen to GENM's stock price after the upcoming dividend ex-date? Last year, around this time, the stock price slowly climbed from its lowest point to 2.66 before the ex-date adjustment. Interestingly, last year, the lowest price for GENM's stock was also 2.37, just like this year. It seems optimistic to expect that the stock will successfully maintain its position as one of the top 30 constituents of the KLCI Kuala Lumpur Composite Index at the end of the year, at 2.98. Those who have the ability may consider looking at the relevant CR (third-party, such as the GENM CALL WARRANT issued by CIMB) - it might bring everyone the expenses for a trip abroad *for free.

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