holycow wrote: guess I'll wait for the results then make a move.
These are the gals & guys who always get it wrong year after year..
You will never make money buying stocks during or AFTER results are released mainly because public information is useless info and you will lose when it goes ex div...
The trick is to make an informed prediction at least a month before the results and if you're right you'll make big bucks...
Lets give a case of KCB.
The stock traded @ 16 in jan
Its trading @ 19 today
Its likely to trade @ 22 during results announcement.
Its Likely to fall back to 19-20 after dividend is paid..
So going by this anyone who bought KCB at 16 is going to be smiling, those buying today will probably break even and those who buy when results are announced will lose alot once dividends books close..
Mark 12:29
Deuteronomy 4:16