Dividend, Share Price: Is there a connection?

[rozella]

Re: Dividend, Share Price. Is there a connection?

I said the same about AMP too, but it is probably the 40c return on capital that has made it jump....still don't trust it.

WBC has been okay so far, 2 completed trades recently profits of 90.0 + 50.0, but I agree it has not been as good as the others.

Last day to buy ANZ today.....but I have enough.

rozella

 

[DTM]

Re: Dividend, Share Price. Is there a connection?

I said the same about AMP too, but it is probably the 40c return on capital that has made it jump....still don't trust it.

rozella

I think that the new Super fund for the government being set up also helped the price rise as AMP are the second largest fund manager in Australia. They they should get a sizeable cut of the business.

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Re-entered DRT today @ 131.5 with a margin of 70% Investment 39.45/share.
Profit announcement expected 21st June with exdist expected 24th June.
This period last year the trusts had not merged (DDF, DOT, & DIT), but I expect the distribution to be around 5.1 to 5.3 per unit zero franked. June was 5.2

rozella

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Re-entered WBC today @ 1938.0 with a margin of 75%
Investment 484.5/share.
Exdiv date 1st June. Dividend 49.0/share fully franked 21.0/share.

rozella

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Sold a parcel of GAN today @ 160.5 Bought @ 155.0 on 19th April with a margin of 70%.
Investment 46.5/share.
Profit announcement expected 21st June with exdist expected 24th June.
Last years distribution was 5.06/share zero franked.
Gross profit 5.5/share = 11.82% return on investment. 30 day trade

rozella

 

[RodC]

Re: Dividend, Share Price. Is there a connection?

G'day Rozella,

Quick question on your 3% trailing stops. Is that from the high of the day or from the closing price?

Rod.

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

G'day Rozella,

Quick question on your 3% trailing stops. Is that from the high of the day or from the closing price?

Rod.

Closing price, Rod

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Sold 2 separate parcels of DRT today @ 136.5 Bought 10th May & 13th May @ 131.5 with a margin of 70%
Investment 39.45/share.
Profit announcement expected 21st June with exdist expected 24th June. This period last year the trusts had not merged (DDF, DOT, & DIT), but I expect the distribution to be around 5.1 to 5.3 per unit zero franked. June was 5.2

Gross profit 5.0/share = 12.67% return on investment. 7 & 10 day trades.

In hindsight should have waited another 20 mins, went to 138.5 briefly for a smaller quantity, but.....now a U buyer on 136.5...ho-hum

Good earner this one, 4 completed DRT trades since buying 20th April.

rozella

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Sold my last parcel of GAN today @ 163.0
Bought on 3rd May @ 158.0 with a margin of 70%
Investment 47.4/share.
Profit announcement expected 21st June with exdist expected 24th June.
Last years distribution was 5.06/share zero franked.

Gross profit 5.0/share = 10.55% return on investment. 20 day trade.

I will watch for a re-enter on a low day.

rozella

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Bought LNN today @ 713.0 with a margin of 70% Investment 213.90/share.
Exdiv date 30th May, dividend 15.0/share fully franked 6.43/share

rozella

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Took profits on 2 parcels of SGB today

Sold SGB today @ 2557.0
Bought 10th May @ 2474.0 with a margin of 75%
Investment 618.50/share.
exdiv date 14th June. Dividend 67.0/share fully franked 28.71/share
Gross profit 83.0/share = 13.42% return on investment. 14 day trade.

Sold SGB today @ 2553.0
Bought 29th April @ 2475.0 with a margin of 75%
Investment 618.75/share.
exdiv date 14th June. Dividend 67.0/share fully franked 28.71/share
Gross profit 78.0/share = 12.60% return on investment. 25 day trade.

Will re-enter if the situation permits for the dividend.

rozella

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Sold SGB bit early as it has been to 2575.0 today, but still have 3 weeks to exdiv day, something may happen between now & then.

Bought AWB this morning @ 430.0 with a margin of 70%
Investment 129.0/share
It reported this morning with an increased dividend of 16.0/share fully franked 6.85/share
Exdiv date 10th June

rozella

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

PMN announced today that it had received a favourable ruling from the ATO on its proposal of a capital return that was approved by shareholders on 29th April.

I hold a parcel bought on 22nd March @ 499.0 with a margin of 75%
Investment 149.70/share.
I have received the 12.0/share dividend fully franked 5.14/share on 2nd May.

I bought another parcel on the close today @ 500.0 with a margin of 70%
Investment 150.0/share.
The capital return is 23.0/share, ex-date for return of capital is 3rd June, & payment is 20th June.

rozella

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Sold LNN today @ 713.0 Bought 23rd May @ 713.0 with a margin of 70%
Investment 213.90/share.
Exdiv date 30th May, dividend 15.0/share fully franked 6.43/share

Gross profit 21.43/share = 10.02% return on investment. 7 day trade.

rozella

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Bought CSR today on the close @ 252.0 with a margin of 70%
Investment 75.60/share
Exdiv 7th June, dividend 6.0/share fully franked 2.57/share

rozella

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Sold AWB today @ 450.0 Bought 25th May @ 430.0 with a margin of 70%
Investment 129.0/share
Dividend of 16.0/share fully franked 6.85/share
Exdiv date 10th June

Gross profit 20.0/share = 15.50% return on investment. 7 day trade.

rozella

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

An update to 1st June 2005 for the Dividend Trading Strategy is posted at:

Trading Diary 2

Margin Trading 2

Summary is:
commencing trading capital $75000 1st July 2004
portfolio increase $48269.97
portfolio value as at 1st June 2005 $123269.97
percent increase 64.36% in 336 days
cash in hand $ 30021.57
number of purchases 170
wins 109
losses 43
open trades 18 with 11 different stocks
dividends pending payment $2164.07
franking credits have been excluded from the calculations

All trading has been done with end of day prices.

rozella

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Sold 1 parcel of WBC today @ 1940.0
Bought 16th May @ 1938.0 with a margin of 75% Investment 484.5/share.
Exdiv date 1st June. Dividend 49.0/share fully franked 21.0/share.

Gross profit 72.0/share = 14.86% return on investment.

rozella

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Sold 2 parcels of PMN today to finance some more buys.

Sold PMN @ 499.0 today. Bought 22nd March @ 499.0 with a margin of 70%.
Investment 149.7/share.
Exdiv 29th March, dividend 12.0/share fully franked 5.14/share.
Return of capital 23.0/share, ex-date for return of capital 3rd June.
Gross profit 40.14/share = 26.81% return on investment. 76 day trade.

Sold PMN @ 499.0 today. Bought 25th May @ 500.0 with a margin of 70%
Investment 150.0/share.
Return of capital 23.0/share, ex-date for return of capital 3rd June.
Gross profit 22.0/share = 14.67% return on investment. 12 day trade.

Re-entered AWB today @ 447.0 with a margin of 70%
Investment 134.1/share.
Exdiv 10th June, dividend 16.0/share fully franked 6.86/share.

rozella

 

[rozella]

Re: Dividend, Share Price. Is there a connection?

Sold CPA today @ 132.0 Bought 3rd May @ 126.0 with a margin of 70%
Investment 37.8/share.
Profit announcement expected 21st June with exdist expected 24th June.
Last years distribution was 4.8/share zero franked.
Gross profit 6.0/share = 15.87% return on invesment. 34 day trade.

rozella