BKI 0.29% $1.74 bki investment company limited

Is anyone happy with BKI?, page-18

  1. 594 Posts.
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    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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