HLG - Hallenstein Glasson

[see weed]

I much prefer the SFF 7.939% 17 day rate.
Buy Silver Fern Farm [usx] shares on Tuesday at $1.65 and receive a fully imputed divie of 13.1 cents on the 28th April.

What is the ticker code for Silver Fern Farm, I tried SFF on the ASB site but there were no matches for that selection.

[percy]

What is the ticker code for Silver Fern Farm, I tried SFF on the ASB site but there were no matches for that selection.

SFF [Silver Fern Farms] trade on Unlisted www.usx.co.nz
The following brokers trade on USX;
Craigs
Jarden
Forsyth Barr
Hamilton Hindin Greene
J B Were
Hobson Wealth
Tribe Financial.

Appears ASB do not trade USX.

The record date to get the latest divie is 21st April.
I guess that would mean ex date would be the 18th or 19th.
Payment is the 28th April.
Currently 42,000 shares for sale at $1.65

[BlackPeter]

Posted 4th of April, SP = $5.76:

HLG goes ex div on 11/4/23. Get in now if you want the 24c div.

Hmm - is this a case of pay for the dividend to get it? By how much do you expect the SP to drop Ex dividend?

SP (@11/4 - Ex dividend) = $5.40

Share shed 36 cents in value to pay a 24 cents (partially imputed) dividend.

I realise that nobody can predict the future, but buying shares in order to still get a promised dividend is not always a great strategy ... ;

[Sideshow Bob]

What is the ticker code for Silver Fern Farm, I tried SFF on the ASB site but there were no matches for that selection.

On Unlisted - probably can't traded through ASB and would need a full service broker like Craoigs, Jarden, ForBar etc.

https://www.usx.co.nz/symbol/sff

[percy]

What is the ticker code for Silver Fern Farm, I tried SFF on the ASB site but there were no matches for that selection.

50,000 traded this morning at $1.62...8.08% dividend yield in 16 days..
Trust you were the buyer.

ps.Another divie in November.

[see weed]

50,000 traded this morning at $1.62...8.08% dividend yield in 16 days..
Trust you were the buyer.

ps.Another divie in November.

No not me. I only trade with ASB.

[see weed]

Posted 4th of April, SP = $5.76:




SP (@11/4 - Ex dividend) = $5.40

Share shed 36 cents in value to pay a 24 cents (partially imputed) dividend.

I realise that nobody can predict the future, but buying shares in order to still get a promised dividend is not always a great strategy ... ;

Yes, I agree with what you are saying. This always happens with HLG, and quite often about a 10c gap between buyer and seller. eg I buy 5000 shares at $5.45c and at end of day someone comes along and sells 20 shares worth about $100 for 5.35. You got to take the ups and downs with this stock because it is so illiquid. But if you in it for long haul then it is a good yld stock to have knowing sp will start going up again leading into next div. But interesting what Beagle/Basil is saying on the Stock Talk forum about HLG maybe entering the NZX50 next month. Where would sp go if that happened. For me it is a long term high yld investment. Also thank you to staff and Management for all your efforts and the wonderful big div yesterday. I feel like a winner if sp goes up or down. Sometimes I get excited when sp goes down as I can jump in and buy another few thousand. ps With all the stores in Aussi am waiting for the day when they decide to want a bit of the action and start buying into HLG.

[smbunn]

Interesting that the HLG price has risen so fats in the last 3 days, post the dividend. Why this quick movement, is something happening like the long discussed entry into the NZ Top 50?

[nztx]

someone been having a sniff around today

[clearasmud]

someone been having a sniff around today

According to Beagle its odds-on to get back into the NZX 50 next month. Index funds will have to buy.