Previously Dipd Hayc given only 3 interim dividends, but from this year we can expect 4dividend interims (one more interim dividend in this year) like LLUB. Still huge demand can be seen for both Hayc and Dipd, if you noticed yesterday Hayc huge buying even 555/=, Dipd issue is EPF & Foreign selling but that is absorbed by local investors upto now. These share prices can rise up atleast by 100+ then I agree with you that subdivision is the best strategy to move forward.@DIALeka wrote:@Detective wrote:
Yes now both Hayc and Dipd joined in 4dividend club with LLUB. We can expect same range of EPS in next Q results as the last time, so same range of dividend payout can be expected as the last interim for 20/21FY. EPF selling specialy in DIPD make barriers of its own growth and not sure how long they're going to do this, but this counter will soon cut this resistant and bright with true colours. Remember that director bought a lot at 327 which is a strong signal how this counter perform now and then. Foreign selling absorb is another reason to trust this share further. With the support of standard charted loan facilities both Hayc and Dipd will expand the business and return the favours to their trusted shareholders
What is this 4Dividend Club. I feel share price too high for retail investors... possible sub division. That would be better also given that it could increase liquidity of the share and the value. 2 Birds 1 Stone
Registration with the Sri Lanka FINANCIAL CHRONICLE would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..
All information contained in this forum is subject to Disclaimer Notice published.