Tuesday, June 3, 2025

Pre-Dividend Rally in Sichuan Express (107)

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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