Aguytrying wrote:youcan'tstopusnow wrote:cnn wrote:
I will be waiting to raid more of KK one more time....most of the counters that have gone ex-dividend have corrected about 10% or an equivalent of the dividend pay out but soon have gone right back to cum dividend levels..look at BAT,Equity,BBK.
cnn, I agree. I don't think the current rally has too much to do with dividends but nevertheless will be watching to see if it behaves like the counters you have mentioned...
I have been pondering about this for a very long time. I'm worried it may not go back to those sweet levels where i like fetching at a nice price, that is 9.80-9.00. As most know im always looking to buy more kenol kobil. Im worried coz as cnn has pointed out, shares that have gone ex div have gone back to cum div levels. Also it is likely that an interim will be announced which means high price will be maintained.
Infact i see this thing touching 13.00 soon, due to demand. when good volume comes in we are going higher here, very small volumes have been pushing it up to where it is. I cant believe how 12.00 barrier was broken easily.
Kenol Kobil and indeed the market doesn't treat speculators kindly. Good thing i'm no longer one. Its easy when there's a bear or downturn. Real test is during a bull rally.
Like most stocks before it that have gone ex dividend Kenol Kobil has astonishingly also maintained it cum div price of 12.50 up to now. This is happy and sad for me, coz i want to buy more and im happy my investment is up.
Its too soon to call a trend, However if a dip occurs i will be liquid, i will be waiting.
It seems unfathomable how with an EPS of 2.2 this share can go back to 10.00, however more surprising things have happend.
Im hoping the impending elections fever(peaceful) will give me yet another chance to load up on Kenol kobil.
The investor's chief problem - and even his worst enemy - is likely to be himself