DBM pays a quarterly dividend of 0.14, which is 9.3% yield.It has fallen back to its September 2021 low, after retracing 50% of its bearish leg.
It has heavy support (14 weeks worth) at $5.81
Could it fall further than that? Sure, anything can happen.
But I think it is unlikely in the next week, as the ex-dividend date is the end of this week.
Perhaps the dividend will be the catalyst to push it lower.
I will probably accumulate a position if I can get it sub-$6 on Monday or Tuesday.
Nota
Currently at 6.43 ... I never opened a position on these shares. BOY do I regret that ! I'd be looking at a 10%-ish gain over the past few months, which is certainly doing better than my actual trading account.Pesanan dibatalkan
February, this was stuck in a trading range.March, it has tumbled 11% or so.
I am NOT looking to buy under $6 any more; if it goes below $6, I will wait until I see some bullish indications.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.