Wazua
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CIC, COOP Dividends
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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streetwise wrote:why coop price crush..and who lifted the 10% cap .. Exdiv and taking it hard in the chin as it prints 17.10 (16.59% in the red from Friday's close @20.50). VWAP @18.25 (10.98% in the red). Very weak market. But good for some of us who are looking for the return of fat discounts. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Book closure for bonus share was on friday. Today it's trading ex-bonus. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 4/24/2014 Posts: 159 Location: Nairobi
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streetwise wrote:why coop price crush..and who lifted the 10% cap .. Yeah also noticed it went dooooown. Money comes and goes. When you have it enjoy it.
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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hisah wrote:streetwise wrote:why coop price crush..and who lifted the 10% cap .. Exdiv and taking it hard in the chin as it prints 17.10 (16.59% in the red from Friday's close @20.50). VWAP @18.25 (10.98% in the red). Very weak market. But good for some of us who are looking for the return of fat discounts. @streetwise it ensures those who benefited (divd & bonus) remain in house or walk out wounded. @hisah that is it greeedy Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Ericsson wrote:Book closure for bonus share was on friday.
Today it's trading ex-bonus. Oh, so ex-all (div and bonus) explains the hard nosedive. I was wondering why the hard knock down compared with other counters (TCL and TOTL) trading exdiv today.
Update - Just seen that Coop is exbonus and will be exdiv after June 30.
Target price 16 - 16.50 ex-all. The lower the better.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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hisah wrote:Ericsson wrote:Book closure for bonus share was on friday.
Today it's trading ex-bonus. Oh, so ex-all (div and bonus) explains the hard nosedive. I was wondering why the hard knock down compared with other counters (TCL and TOTL) trading exdiv today.
Update - Just seen that Coop is exbonus and will be exdiv after June 30.
Target price 16 - 16.50 ex-all. The lower the better. Books closure for dividends was on 29th may, so it currently trading ex-all.
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