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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » When will the ACL split happen?

When will the ACL split happen?

2 posters

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1When will the ACL split happen? Empty When will the ACL split happen? Tue Jan 26, 2021 10:29 pm

snipo


Equity Analytic
Equity Analytic

When will the ACL split happen? and will prices go up again? Just curious as it seems price is coming down...

2When will the ACL split happen? Empty Re: When will the ACL split happen? Tue Jan 26, 2021 10:52 pm

Sihas005


Equity Analytic
Equity Analytic

I assume below sequence of events for ACL.First the Q3 Financials ( First week of Feb) will lead share price ATH. Then they'll announce split date (my best guess by end Feb to Early March). This will result another price appreciation around 10%.
And even after split another price appreciation possible similar to CIC.
P.S. The same sequence will be followed by DIPD and HAYC and for those shares ACL will be a pilot run. In addition to ACL, DIPD and HAYC will announce dividends and the split will follow afterwards. There's a high possibility ACL to declares a dividend since they've increased product prices substantially in Q3 due to imports restrictions. Timing of such announcements is not clear yet.
Disclosure:Holding all 3 shares mentioned above. Not a buy ,sell or hold recommendation. Pls do your own study and decide.

judecroos and Karthick like this post

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