Chesnara Share Price (CSN)

It's so predictable. CSN only rises up during dividend time. The rest of the year is always down. This time seems even worse. It could drop to below 240. Think I have to set my buy order at a lower price now.

The one drawback I see is that the dividend has continued rising by just 3% a year, despite inflation being much higher over the last 3 years. I suspect that will continue if we have more high inflation in future. That's why I recently reduced my holding by 1/3, though I must admit I'm thinking of buying it back again (at a slightly lower price), as I'm having difficulty finding anything else I want to buy at the moment, especially with most other shares prices having gone up.

Given the excellent yield (maintained over many years) and proximity to years lo the current sp is a bargain

This doesn't look good at all. I have cancelled my buy order for the time being. Will wait and see how low this will go.

Because of the Middle East tension, will my buy order be filled tomorrow perhaps? 😁😁😁