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Bongaigaon Refineries and Petrochemicals
ex dividend
Posted by :
krmanish007Tracked by: 1 Boarder
you will not get dividend on it and neither expect it to go to 70 in a week time. I am not seeing much downside from here though. But in current volatile market, I am seeing no reason to buy for 7-10 days. Hold it for a month and you will get your money back....
In reply to:
ex dividend
Posted by : vikas1685
i have bought shares @63 on 20-8-08.
will i get the ex dividend?
wht should i do,hold or sell as i have bought for 7 days of tgt 70-74. 
ex dividend
Posted by : vikas1685Tracked by: 1 Boarder
i have bought shares @63 on 20-8-08.
will i get the ex dividend?
wht should i do,hold or sell as i have bought for 7 days of tgt 70-74....
Hold or Sell
Posted by : vikas1685Tracked by: 0 Boarder
i have bought the share @63 on 20 aug.will i get the dividend or not?should i hold or sell it?...
In reply to:
Hold or Sell
Posted by : nightowl
ex dividend price... 5rs per share..
Hold or Sell
Posted by : nightowlTracked by: 0 Boarder
ex dividend price... 5rs per share.....
In reply to:
Hold or Sell
Posted by :
stkstudent
Why sudden distress selling and fall in price today ? Any specific reason ?
bongaingaon ref
Posted by : ShivGSTracked by: 0 Boarder
Today the shares corrected for the dividend it had declared (5 rupees per share). As 20th August was the ex dividend date, this got corrected to 62. Nothing to worry about.
...
In reply to:
bongaingaon ref
Posted by : Guru Ghantaal
Can any one tell me what is the scenario in bongaigaon refinaries. It is down by 10% although the market is positive. what is the short term target. I've bought it for 73.
divident
Posted by :
just a traderTracked by: 0 Boarder
not yet received divident...
bongaingaon ref
Posted by : analyst-equityTracked by: 0 Boarder
Be prepared for a potential short term price pull back to the 65.2392 area.
Suggested standing long placement of fail-safe stops......
In reply to:
bongaingaon ref
Posted by : Guru Ghantaal
Can any one tell me what is the scenario in bongaigaon refinaries. It is down by 10% although the market is positive. what is the short term target. I've bought it for 73.
bongaingaon ref
Posted by : analyst-equityTracked by: 0 Boarder
Be prepared for a potential short term price pull back to the 65.2392 area.
Suggested standing long placement of fail-safe stops...
...
Hold or Sell
Posted by : vgsathomeTracked by: 0 Boarder
If the dividend yield is 1% or so, then you wouldn't see such selling. In this case, the dividend yield was about 7-7.5% and hence people are selling it on the ex-date for quick buck and the share price reflects the ex-dividend price. Infact the future price of Bongaigaon has been trading at about 6% discount throughout this month and after the fall today, the future is trading at a premium of about 1.8% suggesting that the downside is probably over for now....
In reply to:
Hold or Sell
Posted by : stkstudent
If not always, if the dividend is good enough, do stocks generally fall on the the ex-dividend date ?
Hold or Sell
Posted by : rockeeTracked by: 0 Boarder
No they wont necessary fall. But in this case there were clear cut indicators in the Future and Rs.60/call options, which could have been used for some clearcut gain...
In reply to:
Hold or Sell
Posted by : stkstudent
If not always, if the dividend is good enough, do stocks generally fall on the the ex-dividend date ?
Hold or Sell
Posted by : stkstudentTracked by: 0 Boarder
If not always, if the dividend is good enough, do stocks generally fall on the the ex-dividend date ?...
In reply to:
Hold or Sell
Posted by : vgsathome
Stock is reflecting the ex-dividend price today. Hence the fall...
Hold or Sell
Posted by : rockeeTracked by: 0 Boarder
Dear Shodhan, if thats the case than it would have been a wonderful arbitrage opportunities for honed traders. Till yesterday BOngai Fut were trading at about Rs.5 discount at CMP and today both prices are matching.
Also Bongai Rs.60 Call option was trading at Rs.8 and today it fell down to about Rs.3. If ne1 have shorted the call option yesterday with reff to the future price, they may have made a money.
Nice learning. Can make money on similar opportunities in future. Watch out.
Regards
Rockee...
In reply to:
Hold or Sell
Posted by : shodhan
Its going ex-dividend of rs 5 from today , nothing sort of a problem or bad news
Hold or Sell
Posted by : stkstudentTracked by: 0 Boarder
Do you mean that when one sells a stock on the ex-dividend date, the person still remains entitled for the dividend ? Am I right ? ...
In reply to:
Hold or Sell
Posted by : nadarkathiresh
The people who entered for getting dividend from the stock are now booking profits. As today is the Ex-Dividend Date.
bongaingaon ref
Posted by : AarkeyTracked by: 0 Boarder
sure Rs5/share in equity segment....
In reply to:
bongaingaon ref
Posted by : Guest
Will i get dividend if i sell this stock today?
Hold or Sell
Posted by : vgsathomeTracked by: 0 Boarder
Stock is reflecting the ex-dividend price today. Hence the fall......
In reply to:
Hold or Sell
Posted by : stkstudent
Why sudden distress selling and fall in price today ? Any specific reason ?
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