For Sport wrote:cnn wrote:hisah wrote:So far KPLC is behaving as expected in this high dividend payout environment - measly payout interims or final dividend will get your stock hammered... The price move this morning so far is interesting...
That is because it has gone ex-bonus,nothing to do with the interim dividend.
Though so. Not that I'm smiling at the dividends.
@cnn. I initially thought so. However. The stock Was trading at 18.00 levels when bonus was announced, due to excitement. Then dropped to 15-16 levels. 17 before book closure. The drop today i believe is as a result of an eps of 1.17, due to the massive dilution of bonus, and share actions last year. I wont be shocked to buy this share at 10-12 bob, in the coming months.
The investor's chief problem - and even his worst enemy - is likely to be himself