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Niru
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SAMP.N0000 (Sampath Bank PLC) - Page 11 Empty Re: SAMP.N0000 (Sampath Bank PLC)

on Mon Jun 01, 2020 7:55 pm
Message reputation : 100% (2 votes)
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JBS
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SAMP.N0000 (Sampath Bank PLC) - Page 11 Empty Re: SAMP.N0000 (Sampath Bank PLC)

on Mon Jun 01, 2020 10:12 pm
Message reputation : 100% (1 vote)
Two-Digit Zone is a real possibility. Sad

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SAMP.N0000 (Sampath Bank PLC) - Page 11 Empty Re: SAMP.N0000 (Sampath Bank PLC)

on Mon Jun 01, 2020 10:53 pm
Message reputation : 100% (2 votes)
කිත්සිරි ද සිල්වා wrote:Two-Digit Zone is a real possibility. Sad

Kithsiri, why worry? 
I thought you don't care about short term issues.
( hey I did issue you a short term be careful too last week Wink )

Well  now am in the  Sampath passenger boat too.
But depending on the market play on SAMP tommorow,
this  short trade  I got into  ( to benefit from the dividend ) might make
me a  loser unless I find a way to hold longer.

Maybe I should have stuck to my initial sense as mentioned before.
But today SAMP drop was too tempting to not buy some. 

Oh well, atleast I will get the dividend.

For sake all Samp holders, I hope the big sellers exit before  XD

Maybe by luck of irish, it might go up tomorrow haha


Last edited by slstock on Mon Jun 01, 2020 11:36 pm; edited 1 time in total

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SAMP.N0000 (Sampath Bank PLC) - Page 11 Empty Re: SAMP.N0000 (Sampath Bank PLC)

on Mon Jun 01, 2020 11:28 pm
Not worried at all.
This and a few others have been in my Pf for too long.
And I can wait another two more decades before I hang my boots and call it a day.
Only saddened because of how the MARKET treats such a good & reliable counter.  Very Happy
slstock wrote:
කිත්සිරි ද සිල්වා wrote:Two-Digit Zone is a real possibility. Sad

Kithsiri, why worry? 
I thought you don't care about short term issues.
( hey I did issue you a short term be careful too last week Wink )

Well  now am in  Sampath boat passenger too.
But depending on the market play on SAMP tommorow,
this  short trade  I got into  ( to benefit from the dividend ) might make me loser
unless I find a way to hold longer.

I should have stuck to initial my   sense and guts.
But today drop was too tempting to not buy some. 

For sake all Samp holders, I hope the big sellers exit before  XD

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Yin-Yang
Yin-Yang
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SAMP.N0000 (Sampath Bank PLC) - Page 11 Empty Re: SAMP.N0000 (Sampath Bank PLC)

on Tue Jun 02, 2020 10:12 am
Message reputation : 100% (2 votes)
slstock wrote:
කිත්සිරි ද සිල්වා wrote:Two-Digit Zone is a real possibility. Sad

+
+
+

Well  now am in the  Sampath passenger boat too.
But depending on the market play on SAMP tommorow,
this  short trade  I got into  ( to benefit from the dividend ) might make
me a  loser unless I find a way to hold longer.

+
+
+

What they say is true after all it seems;
"When a short term trade is messed up, it will automatically become a long term strategic hold"
pathfinder
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SAMP.N0000 (Sampath Bank PLC) - Page 11 Empty Re: SAMP.N0000 (Sampath Bank PLC)

on Tue Jun 02, 2020 5:31 pm
Tomorrow is XD for SAMP,can expect a drop to 103-105 range,If it come below this belt is a bonus for LT holders.I'm planning to buy some for compounding.
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SAMP.N0000 (Sampath Bank PLC) - Page 11 Empty Re: SAMP.N0000 (Sampath Bank PLC)

on Tue Jun 02, 2020 5:56 pm
Message reputation : 100% (3 votes)
Yin-Yang wrote:
slstock wrote:
කිත්සිරි ද සිල්වා wrote:Two-Digit Zone is a real possibility. Sad

+
+
+

Well  now am in the  Sampath passenger boat too.
But depending on the market play on SAMP tommorow,
this  short trade  I got into  ( to benefit from the dividend ) might make
me a  loser unless I find a way to hold longer.

+
+
+

What they say is true after all it seems;
"When a short term trade is messed up, it will automatically become a long term strategic hold"



Oh "Word Extractor" has shown up !

What "THEY  say is true"  .
As if it  has never happened to you  right ?  Wink 


I share things openly so  other can learn from my possible trading errors Wink


How about you sharing something  of your own now Mr word extractor?  Smile

~~~~~~~~~


SAMP holders , just so you know
-----------

1) Do you know, today Sudda sold 1.35 million shares of  Sampath !
    Sudda don't  likey Sampath !


2) I don't know what will happen on XD but just stating a general 
Fundamental fact for learning.

Scrip dividend increases the number of shares in market but Cash div doesn't.
So there is no fundamental reason the share value degrades for Cash dividends.


ex: I bought some REG few days before XD, kept the dividend 
and sold higher few days after XD.  REG held value without dropping.


4) But depending on market sentiment/selling pressure , share value can drop
as we seen at CSE.


Sampath.. let see what will  happen on XD.

Update: 

1) Supreme court dismissed Petition for Election date !
If green  market tomorrow , maybe my trade make me a winner now ?
Would be nice if everyone can be a winner for short term !
 
2) Today , I sold SAMP at  Rs117 and bought back at Rs 115. Made Rs 300+ Smile

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Antonym
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SAMP.N0000 (Sampath Bank PLC) - Page 11 Empty Re: SAMP.N0000 (Sampath Bank PLC)

on Wed Jun 03, 2020 7:32 am
On XD date, the fundamental reason why share price typically drops is because it is being traded without dividend. The seller has already earned the dividend, and is willing to sell at a price that is lower (to the extent of dividend).
slstock
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SAMP.N0000 (Sampath Bank PLC) - Page 11 Empty Re: SAMP.N0000 (Sampath Bank PLC)

on Tue Jun 09, 2020 8:17 am
Message reputation : 100% (1 vote)
SAMP has posted the dividend already !
Check your accounts.
4 days before schedule. A big rarity !

~~~~~~~

For anyone curios to know how my Samp TRADE went ?

Yes I did sell after XD as planned.
Got the Dividend now.
Ofcourse made a loss on the share sale after XD.
But I still made a few thousand Rs profit after the Dividend.
Not bad for few days trade.
This time the  gamble worked!
But  it will not always.
Don't do this if you are not sure.
I explained why I did it before.


Last edited by slstock on Tue Jun 09, 2020 9:22 am; edited 2 times in total

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Danidu
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SAMP.N0000 (Sampath Bank PLC) - Page 11 Empty Re: SAMP.N0000 (Sampath Bank PLC)

on Tue Jun 09, 2020 8:59 am
Yes, I got it Yesterday into My bank A/C.
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Antonym
Posts : 62
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SAMP.N0000 (Sampath Bank PLC) - Page 11 Empty Re: SAMP.N0000 (Sampath Bank PLC)

on Tue Jun 09, 2020 9:04 am
Message reputation : 100% (1 vote)
slstock wrote:SAMP has posted the dividend already !
Check your accounts.
4 days before schedule. A big rarity !

~~~~~~~

For anyone curios to know how my Samp TRADE went ?

Yes I did sell after XD as planned.
Got the Dividend now.
Ofcourse made a loss on the share sale after XD.
But I still made a few thousand Rs profit.
Not bad for few days trade.
This time the  gamble worked!
But  it will not always.

The strategy of buying a stock shortly before a dividend has been paid with the intention of selling it immediately after the dividend is paid is called dividend stripping. Good that you pointed out that this can be a risky trade that might not always work.

I also entered SAMP because I was attracted by the dividend (which has not yet reached my account), but have decided to hold on for the longer term. I am sitting on an unrealized gain of Rs 7.25 per share, and hoping for the best...
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SAMP.N0000 (Sampath Bank PLC) - Page 11 Empty Re: SAMP.N0000 (Sampath Bank PLC)

on Tue Jun 09, 2020 9:19 am
I thought the payment date is 12th June? Very Happy

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SAMP.N0000 (Sampath Bank PLC) - Page 11 Empty Re: SAMP.N0000 (Sampath Bank PLC)

on Tue Jun 09, 2020 9:36 am
Message reputation : 100% (1 vote)
කිත්සිරි ද සිල්වා wrote:I thought the payment date is 12th June? Very Happy

I think I received yesterday.
pathfinder
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SAMP.N0000 (Sampath Bank PLC) - Page 11 Empty Re: SAMP.N0000 (Sampath Bank PLC)

on Tue Jun 09, 2020 10:27 am
Message reputation : 100% (1 vote)
කිත්සිරි ද සිල්වා wrote:I thought the payment date is 12th June? Very Happy
I too received yesterday.
Yin-Yang
Yin-Yang
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SAMP.N0000 (Sampath Bank PLC) - Page 11 Empty Re: SAMP.N0000 (Sampath Bank PLC)

on Tue Jun 09, 2020 11:31 am
slstock wrote:
+
+



Oh "Word Extractor" has shown up !

What "THEY  say is true"  .
As if it  has never happened to you  right ?  Wink 


I share things openly so  other can learn from my possible trading errors Wink


How about you sharing something  of your own now Mr word extractor?  Smile

~~~~~~~~~


+
+

ex: I bought some REG few days before XD, kept the dividend 
and sold higher few days after XD.  REG held value without dropping.



If green  market tomorrow , maybe my trade make me a winner now ?
Would be nice if everyone can be a winner for short term !
 
2) Today , I sold SAMP at  Rs117 and bought back at Rs 115. Made Rs 300+ Smile

Ayyo Vet. Bro,
Where have you been all those days?

You're doing the easy thing ne.

We have long time proven that making profit was not the difficult job. Making losses was far more difficult.

See, YK Bro found it impossible to loose here;;

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++++++++

See what we were trading those days; SAMP, RICH +++++

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dakzsl
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SAMP.N0000 (Sampath Bank PLC) - Page 11 Empty Re: SAMP.N0000 (Sampath Bank PLC)

on Fri Jun 19, 2020 1:08 pm
Any short term targets for SAMP?
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