Dividend, Share Price: Is there a connection?

[rozella]

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

This should be a good trade there is a lot of upside here and it would not suprise me to get a few aquisition rumours to help the SP along.
Actually I thought the terrible season in the west would have impacted the fertilizer business more but I guess most of the sales up to june where prepaid so the impact will be spread into 2007 more.

The outlook for the next 12 months appears to be the problem.....it seems to carry more weight than the balance sheet.....& the traders didn't like it.
Wesfarmers sees lower profit in FY07, yr pft jumps 49pct

 

[NettAssets]

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

The outlook for the next 12 months appears to be the problem.....it seems to carry more weight than the balance sheet.....& the traders didn't like it.

I think it will be one of those things that the market will digest over a little time At least a good 2006 result has surely given a solid base under the share price and the new MD some credence which he appeared to be lacking.
John

 

[rozella]

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

Sold a parcel of CBA today @ 4502.0
Bought 14th July @ 4391.0 with a margin of 75%
Investment 1097.75/share
Exdiv 14th August, dividend 130.0/share fully franked 55.71/share
Gross profit 241.0/share = 21.95% return on investment, fc excluded. 33 days.

 

[michael_selway]

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

Sold a parcel of CBA today @ 4502.0
Bought 14th July @ 4391.0 with a margin of 75%
Investment 1097.75/share
Exdiv 14th August, dividend 130.0/share fully franked 55.71/share
Gross profit 241.0/share = 21.95% return on investment, fc excluded. 33 days.

what about the other parcel? havent sold yet?

thx

MS

 

[rozella]

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

G'day MS,

I am still holding 3 more parcels of CBA....these are all in the one account, just bought at different times & will probably sell as 1 parcel. Unfortunately the last parcel I purchased was only 7 days ago, so it will fall into the last in first out rule regarding franking credits. The other 2 are in the 41/42 days area.

The parcel I sold today was a separate tax entity & I forfeit the franking credit.

Also I am still holding CBA in a CFD account which is square after dividend, interest & commission

 

[rozella]

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

Sold ALS today @ 902.0
Bought 28th July @ 899.25 with a margin of 60%
Investment 359.70/share
Exdiv 11th August, dividend 31.0/share fully franked 13.29/share
Gross profit 33.75/share = 9.38% return on investment, excl fc. 21 days

 

[rozella]

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

Bought AMP today @ 884.0 with a margin of 75%
Investment 221.0/share
Reported today, exdiv 25th September, dividend 19.0, 85% franked.

 

[rozella]

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

Sometimes you can be lucky. Thursday morning is my golf day, so yesterday near close, I placed an order to sell CBA @ 4575.0. Came back from golf around midday to see CBA @ 4504.0, so sold my CFD holdings @ 4504.0 & have been cranky all afternoon with myself that I did not sell my margin holdings yesterday when I had the opportunity @ 4575.0

At 5.00pm just as I was tallying up my losses for the day, I received an emailed contract note that my CBA was sold on the open @ 4580.0......been so busy that I did not look at my open orders during the day.

Sold CBA today @ 4580.0
Bought 7th July @ 4510.0 with a margin of 75%
Investment 1127.5/share
exdiv 14th August, dividend 130.0/share, fully franked 55.71/share
Gross profit 200.0/share = 17.73% return on investment. fc excl. 48 days

Sold CBA today @ 4580.0
Bought 6th July @ 4473.0 with a margin of 75%
Investment 1118.25/share
exdiv 14th August, dividend 130.0/share, fully franked 55.71/share
Gross profit 237.0/share = 21.19% return on investment. fc excl. 49 days

Unfortunately I still have another parcel of CBA which is nowhere near 45 days, so with the last in, first out rule, I forfeit the franking credits.

CBA closed @ 4451.0 today

 

[rozella]

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

Sold AMP today @ 912.0
Bought 24th August @ 884.0 with a margin of 75%
Investment 221.0/share
exdiv 25th September, dividend 19.0, 85% franked.
Gross profit 28.0/share = 12.67% return on investment. 11 days

 

[rozella]

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

Not very often, a stock will return to its cum dividend price, plus some, on exdiv day.....today it was JBM, but unfortunately it is difficult to judge & I missed a swag of it. It closed @ 929.0 after reaching a high of 930.0.....up 4.0 for the day plus the dividend9.43%.

I have been flat out with reading reports for the last few weeks so have been slack with posting trades.

Sold JBM today @ 908.0
Bought 30th August @ 901.0 with a margin of 60%
Investment 360.4/share
exdiv date 4th September, dividend 27.0/share, fully franked 11.57/share
Gross profit 34.0/share = 9.43% return on investment excl fc. 5 days

Bought SUN today @ 2105.0 with a margin of 75%
Investment 526.25/share
Exdiv date 6th September, dividend 50.0/share fully franked 21.43/share

 

[rozella]

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

Bought AMP today @ 902.0 with a margin of 75%
Investment 225.5/share
Exdiv 25th September, dividend 19.0, 85% franked.

 

[rozella]

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

Bought SGM today @ 2068.0 with a margin of 70%
Investment 620.4/share
Exdiv 29th September, dividend 60.0/share, 51% franked 13.11/share

 

[rozella]

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

Bought BIL today @ 1177.0 with a margin of 70%
Investment 353.1/share
Exdiv 18th September
Ordinary dividend 13.5/share, fully franked 5.79/share
Special dividend 34.5/share, fully franked 14.79/share

 

[rozella]

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

Sold SUN today @ 2117.0
Bought 4th September @ 2105.0 with a margin of 75%
Investment 526.25/share
Exdiv date 6th September, dividend 50.0/share fully franked 21.43/share
Gross profit 62.0/share = 11.78% return on investment. 8 days

 

[rozella]

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

Bought ADB today @ 1317.0 with a margin of 70%
Investment 395.1/share
Exdiv 21st September, dividend 32.0/share fully franked 13.71/share

 

[Duckman#72]

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

Hi Rozella

What do you think of the Great Southern div coming up? SP too volatile? Nice yield though.

Regards

Duckman

 

[rozella]

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

GTP is on my exdiv list as a boxed stock which means it then goes onto a watchlist that I monitor. Increased profit, increased dividend, but the marginlending LVR is only 60%, so I prefer others to maximise profits (hopefully)

 

[rozella]

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

Sold BIL 22nd September on the close @ 1200.0
Bought 11th September @ 1177.0 with a margin of 70%
Investment 353.1/share
Exdiv 18th September
Ordinary dividend 13.5/share, fully franked 5.79/share
Special dividend 34.5/share, fully franked 14.79/share
Gross profit 71.0/share = 20.11% return on investment, excl fc. 11 days

 

[robots]

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

hello rozella

do you alter you're stoploss to hang in a position?

or is the stoploss governed by the margin loan?


thankyou
robots

 

[rozella]

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

hello rozella

do you alter you're stoploss to hang in a position?

or is the stoploss governed by the margin loan?


thankyou
robots

A stoploss trails upwards only. The only time it should be adjusted down is on exdiv day.

The margin loan is not relevant to the stoploss.