Scales - SCL

[winner69]

Hey winner problem is we are not in a rising market so better to buy Scales post divvy aye, now there's a thought you could sell now at $1.70 and buy back at $1.58 post divvy

But if we not in a rising market it continue to go down .... and down

Sounds like I really stuffed up with this one .... loss minimisation strategy needs to be put in place.

[percy]

Hey winner problem is we are not in a rising market so better to buy Scales post divvy aye, now there's a thought you could sell now at $1.70 and buy back at $1.58 post divvy

I expect in 6 months time when the sp is over $2 the strip or not to strip will be forgotten.

[percy]

But if we not in a rising market it continue to go down .... and down

Sounds like I really stuffed up with this one .... loss minimisation strategy needs to be put in place.

If you think you have SCL, wrong sell.If you don't know, you should not have brought.
I have done my research before buying,and attending the ASM confirmed my research.
I therefore look forward to SCL improving the business,growing the dividend, and the market waking up to what a fine company SCL is.Growing eps will see the sp expand.I am well positioned.!

[couta1]

I expect in 6 months time when the sp is over $2 the strip or not to strip will be forgotten.

Nah Percy I'm afraid it's like groundhog day on this one every divvy time ,the only difference being the price either higher or lower.

[percy]

Nah Percy I'm afraid it's like groundhog day on this one every divvy time ,the only difference being the price either higher or lower.

Well, when I have done my research on a company, and are looking to buy,I will always buy to collect any upcoming dividend,Never once have I waited for a share to go ex divie before buying.Never.And never will.
Even better is buying just before a divie,and over about 7 or 8 months you get two divies.Really cranks up my returns.

[Beagle]

Well, when I have done my research on a company, and are looking to buy,I will always buy to collect any upcoming dividend,Never once have I waited for a share to go ex divie before buying.Never.And never will.
Even better is buying just before a divie,and over about 7 or 8 months you get two divies.Really cranks up my returns.

You're as cunning as a hungry badger

[winner69]

MVN not a good example (recently of this 'dividend stripping'. Hope Scales is different

Table is MVN price 1 month before ex date, ex date, and 1 month after with the returns shown

Last 3 dividends hardly worth the effort to get a free dividend.

If anything it shows MVN is a **** stock anyway - priced as a bond methinks and doesn't seem to even reacted to lower interest rates either. Those numbers enough to put anybody off, except those who think the dividend is safe as houses.

Interesting stuff

Wasn't that TMO decision not giving that try a doosey- go HIGHLANDERS

[percy]

Great game.doosey....I would not liked to have called it.!

[winner69]

Great game.doosey....I would not liked to have called it.!

bad speeling eh Percy .... doozy

blame spell check I will

[percy]

bad speeling eh Percy .... doozy

blame spell check I will

As always I will just blame YOU.!!!!! lol.