Sichuan Express closed at $4.91 on its ex-dividend date, 4 June. Based on the theoretical ex-dividend price of $4.74466 (with a dividend of HK$0.31534 per share), the stock rose by 3.48% on the day — fierce!
Since my recommendation on 31 March, just two months and
four days ago, the stock has surged 38.6%. It looks poised to hit my $5.00
target very soon.
Superphang
http://superphang.blogspot.sg
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