Member Info for DGR1980

Thanks for confirming chippy

Roxy - You're talking about traders hopping around the place for specific divi dates. Frankly i couldn't care less about that.

I'm invested for divis over the next 5 - 10 years

Roxy - I'm pretty sure the BOD would like people to remain invested, and if they are its irrelevant if the ex div date is moved

Seems we have a split of opinion here.

Its irrelevant to me as i'm going to be holding way past the next set of divis, but from how i see it, anyone who buys in today and then sells in a couple of days is going to be disappointed

chippyjo - Ex div date is the date the company can no longer record the cash for the divi against its accounts, so the MCAP drops by the value. This means each share drops by the value of the divi at open. Its what the MMs do

latpulldown - the correct answer is those who hold it at the new date.

The whole point is that on ex div date the sp drops by the value of the divi.

so previous nights close = ex div date open + divi.

If you have the ex div date at a different time you're effectively saying that those people get double the divi, as they could sell on 5th for the full price and then get the divi.

Latpulldown - The ex div date is intrinsically linked to the dividend date. You can't have one without the other. Therefore if the divi is postponed so is the ex div date

Latpulldown - Incorrect

As i said last week:

"There is no dividend to be paid at the current time so no ex div date.

When they announce when it will be paid they'll announce how much and the new ex div date.

On ex div date the sp drops by the amount of the divi at open. So a share sold right before the close is worth the same as a share sold after open + the divi.

This is because the ex div date is the date the cash for the divi is removed from the company accounts and earmarked for distribution therefore reducing the effective company value. Without a divi value and date set there can be no ex div date"

No it isn't. There is no divi payment approved for payout at the moment

None Whatsoever.

As i said last week:

"There is no dividend to be paid at the current time so no ex div date.

When they announce when it will be paid they'll announce how much and the new ex div date.

On ex div date the sp drops by the amount of the divi at open. So a share sold right before the close is worth the same as a share sold after open + the divi.

This is because the ex div date is the date the cash for the divi is removed from the company accounts and earmarked for distribution therefore reducing the effective company value. Without a divi value and date set there can be no ex div date"

There is no dividend to be paid at the current time so no ex div date.

When they announce when it will be paid they'll announce how much and the new ex div date.

On ex div date the sp drops by the amount of the divi at open. So a share sold right before the close is worth the same as a share sold after open + the divi.

This is because the ex div date is the date the cash for the divi is removed from the company accounts and earmarked for distribution therefore reducing the effective company value. Without a divi value and date set there can be no ex div date

5th May won't be the ex div date used. A new ex div date will be set when they the divi payment is approved

norm - fine by me. Can keep adding month by month then

No concerns at all Newdealz. Got a lovely holding in my pension, and two ISAs. All of which are divi holds, as this has been a great value buy

They don't want us to trade it.

They're trying to shake us out of our shares with the dips in sell price

Newdealz - There was no vote about divis. It was withdrawn to be revisited in august

Someone loading in bulk behind the scenes, and given they've shaken out all they can on the drop they're now trying to get the 10%ers

Thats how i did well on the spike to 3.2p.

My average was 0.75p and i sliced 1/3 of my holding at 3p

HH - It also comes down to what your portfolio breakdown looks like at any point in time. A rapid rise in UFO is likely to see it become overweight in my portfolio and i'll sell some down, even if i think theres a good chance of further rises. It sounds counter intuitive, but i often hold way too long

smiller - I'm likely to have 5 slices of my holding at various price points. Thats usually how i do things, and i'd be very unlikely to be holding much at 35p