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Thursday, 9 February 2012

Advance dividend from CitySpring


I have yesterday sold off entire 15 lots of CitySpring.  I have assumed the dividend to be announced is at 0.82 cents.  At 15 lots, the expected dividend amount is $123.00.  But l have managed to offload it at slightly better price to arrive at nett gain of $162.33.  Today, CitySpring announced the dividend payout rate is at 0.82 cents and the dividend is payable on 2 March.

The stock price on CitySpring (and other stocks)  is likely to test new highs but l reckon there's no ends to one's greed.

Almost everyone are in panic buying mode but l still continuing carrying out my exit selling price on stocks, calmly.  For me, planned buying price and setting an exit selling price is a lot more meaningful, and having the ability to achieve inner peace too.









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