Alfred Loo's comment on LBS

Alfred Loo's comment on LBS. All Comments

Alfred Loo

3 Like · Reply

Last day to buy if want to get the special dividend.

1 week · translate ·

paperhand123

seems like not much buying interest for the special dividend... dont quite understand why, it's a good 4.5% for current price...

Like · 1 week · translate

Alfred Loo

@Cindy

Yes if buy today and sell tomorrow, you are eligible for special dividend.

If buy tomorrow then not eligible.

Like · 1 week · translate

Cindy Low

Thanks Alfred

1 Like · 1 week · translate

Jason Wong

今天有0.26 dividend 依然都是没有买奇怪

Like · 1 week · translate

Alfred Loo

Yea, quite strange

Special dividend & buying price @ 0.570/0.575 is already quite a good deal. But buying interest is just not there.

Like · 1 week · translate

Jason Wong

loo . 明天是不是很多人会卖票，因为已经entitled dividend？

Like · 1 week · translate

Alfred Loo

Based on the daily chart, there is no evidence of downward trend. It seems, LBS will enter a consolidation phase.

I don't think there will be much price movement after ex-date. Price range should be around 0.565 - 0.575, as there is evidence from these few days of trading that someone is constantly trying to keep price at this level.

*(This is just my opinion)*