CHIP ENG SENG CORPORATION LTD (C29) SGD 0.605

Opportunity to buy after or immediately the announcement of dividend and sell after the ex date? 13 Feb 2017 announce 4 cents dividend

Prices seem not to gap up after announcements base on 2016,2017,2018 and 2019 (maybe small spike on the day before announcement), but starts to move up slowing till ex date.

price movements after dividend ex date? 2011 down until next dividend announcement, 2012 down and then up, 2013 down and the sideways until next dividend, 2014 up, 2015 down, 2016 sideways then up, 2017 sideways then up, 2018 down,

Strategy, hold till after ex dividend date. or even long term.

Buy @ 63cts


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