Sheng Siong - Buy For Dividend

Bought Sheng Siong today at its support mainly for its dividend.  

I am more of a technical dividend investor or trader if you like to call it.  ;-)

27 July 2021 - Sign of strength 

(do note that technical signal might be wrong, invest on your own discretion)

Year	Yield	Total	Amount	Ex Date	Pay Date	Particulars
2021	3.89%	SGD 0.061	SGD0.031	2021-08-17	2021-08-30	Rate: SGD 0.031 Per Security
			SGD0.03	2021-05-07	2021-05-20	Rate: SGD 0.03 Per Security
2020	3.38%	SGD 0.053	SGD0.035	2020-08-14	2020-08-28	Rate: SGD 0.035 Per Security
			SGD0.018	2020-06-29	2020-07-07	Rate: SGD 0.018 Per Security

In the News:

Mainboard-listed supermarket operator Sheng Siong Group saw a more subdued first half, after the year-ago high base from a buying frenzy when the pandemic first hit.

Net profit was down by 11.9 per cent to $65.9 million, as revenue slipped 8.8 per cent to $681.7 million, according to unaudited financial results released on Thursday for the six months to June 30.

Transaction Value

Total Contract ValueSGD 6,280.00

CommissionSGD 10.00

Clearing FeeSGD 2.04

SGX Trading FeeSGD 0.47

GSTSGD 0.88

Total Commission & FeesSGD 13.39

Indicative Total ProceedSGD 6,293.39

Account-Cash upfront

ActionBuy

Stock NameSHENG SIONG

MarketSingapore

SymbolOV8

Order TypeLimit Order

Quantity4000

Order DurationGood for Today

Date-

PriceSGD 1.570

Settlement ModeCash Upfront

Settlement CurrencySGD

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.