daytrade diaries... may 29, page-59

  1. 5,331 Posts.

    hey tasdiq,

    in regards BJT, the dividend is not speculation, check yesterday's announcement the company is talking about a 10c half year dividend paid in cash and shares.

    like Kevi, I was a heavy buyer yesterday after the announcement, and I expect a gradual increase over coming weeks up to the confirmation of the dividend and then a surge higher into the ex-dividend date around the 24th of June.

    this is an exact copy of the SSM trade a couple of months ago, no-one believed in what management was telling the market and once the high yield was confirmed people piled in and drove the shareprice significantly higher.

 
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