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$1.74 bki investment company limited

Is anyone happy with BKI?, page-21

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sideliner

594 Posts.

109

08/08/22

16:31

Post #: 62990971
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Originally posted by sideliner: ↑

Just saying . . .
If you sold 10,000 BKI yesterday for $1.705 (It went temporarily higher than that) and bought 10,000 today for $1.625 (it dipped temporarily lower than that), you would have made $800 less costs. So let's say you paid $25 for each transaction, meaning that you made $750 clear. If you chose to simply hold and accept the dividend for those 10,000 shares, you'd soon be getting $400 into your account, and at tax time an extra $170. That means that if you sold yesterday and bought again today, not only would you be $180 better off, but you wouldn't have to wait until tax time to get your credit. Having followed BKI for a long time, I've found this to be very consistent; in fact if past experience is anything to go by, we can expect the SP to drop even closer to $1.60 before eventually making its way back up. Do this twice a year, and you could increase your payout by 2-3%. It didn't work for me this year as I was too greedy, hoping the SP would rise higher than it did, but I will be accumulating BKI shares as they now go through their inevitable dip.

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So I sold today in the anticipation that BKI will drop to around $1.65 in the next week or two, in line with previous post dividend slumps. We’ll see how we go

BKI Price at posting: $1.77 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $1.74		Change -0.005(0.29%)		Mkt cap ! $1.400B

Open	High	Low	Value	Volume
$1.75	$1.77	$1.74	$798.7K	458.0K

Buyers (Bids)

No.	Vol.	Price($)
1	4865	$1.74

Sellers (Offers)

Price($)	Vol.	No.
$1.75	20000	1

View Market Depth

No.	Vol.	Price($)
1	4865	1.735
1	15000	1.730
1	5351	1.725
3	12937	1.720
1	494	1.715

Price($)	Vol.	No.
1.750	20000	1
1.770	11368	4
1.775	5000	1
1.780	12000	1
1.785	200	1

Last trade - 16.10pm 02/10/2024 (20 minute delay)

BKI (ASX) Chart