Sell before ex date ? 😱

SR050321
2022-08-18

As we know before ex date price usually rally, so i did experiment with my $OVERSEA-CHINESE BANKING CORP(O39.SI)$Bullish

Previous div i sold before ex date, bought $12.23 sold $12.37 i thought it will dip alot (scared) so i profit only 0.14 while div 0.28.

Bought back after ex date $11.93 (lucky)

The recent div, i did not sell before ex date, the highest rally $12.46, i just keep it, and today price has moved up to $12.36 ! Means i got dividend 0.28 and the price almost backto pre-div price.

I also sold my $WILMAR INTERNATIONAL LIMITED(F34.SI)$before ex date $4.18 thinking to buy back when dip, now after div the price already 4.18 again ! So i can not buy back for now [Smile] 

Moral of story : if like the stock for long term just keep it permanently is ok, unless have few lots and want to take profit and buy other company with better fundamental/undervalued. 

not easy decision to make, invest wisely my friends πŸ’•

This is not investment advice, pls do your own DD [love you] 

@TigerStars

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Comments

  • summerlad
    2022-08-20
    summerlad
    thanks for sharing. I'm doing the same experiment for certain stocks too lol
    • SR050321:Β 
      Ok share with us yr finding 😊
  • mster
    2022-08-20
    mster
    To sell or not to sell. πŸ€”.
  • Lionel8383
    2022-08-20
    Lionel8383
    I noticed this trend for Sg stocks too, when the ex div date is approaching, the buyers will push the price up, and after that sell off.
  • zerolih
    2022-08-20
    zerolih
    why do u even sell before ex date? some people buy and earn a lot from the stocks dividends
    • SR050321:Β 
      Because first time bought ocbc, scared dip alot after ex date.
  • xuero
    2022-08-20
    xuero
    singapore stock price frequently dip more than the dividend amount on ex div date. but there are exceptions too
    • SR050321:Β 
      Yes especially reits, but sometimes unable to get back just like my experience with Wilmar. If it dip back to $4 i will buy again. Ocbc i can get back, but not all.
  • Woobenny
    2022-08-20
    Woobenny
    Let the money make money for you. less touch more peace πŸ˜ƒ
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