Sichuan Express
(107) closed at $5.06 today, 3 June, up 3.27%. The on-paper ROI within about two
months of my recommendation stands at 34.2%, which is quite remarkable and satisfying.
Tomorrow
is the ex-dividend date, with a dividend of HK$0.31534 per share. Therefore,
the theoretical price for tomorrow should be $5.06 - $0.31534 = $4.74466.
My revised target price for this stock before the ex-dividend date was $5.30,
and the post-ex-dividend price should be around $5.00. I am patiently waiting
for the price to reach that level.
Superphang
http://superphang.blogspot.sg
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