So what are the investors and traders thoughts on this share.. Who is holding and who is selling. I've owned this share for just over 3 yrs and had great returns. They paying a nice dividend of 253c, but the talks of the share price crashing are making me wonder. I may eventually sell off.
I feel they have with stood the test of time well.They are a conservative bunch comes when it comes to updating their outlook.They have more or less warned that the next six months might not be as rosy in each of the last five previous periods in the next period....See Company Profile then click on results,I am holding long term....also see my futher comments on sashares2010.blogspot.com on my SPECIAIST WATCHLIST.
I have also been holding for a while now, and I have also noticed that the markets are nervous about any moves the share makes, particularly downwards. I noticed last year that the price dropped significantly (more than dic amount) after the dividend was paid. This seems to cause panic selling and the price dropped more than it should have. It soon returned to the original price and continued upwards. So my suggestion is to watch what happens this time around after last day to registed for DIV. There may be some buying opportunuty.... just leave some for me as well (smile)
Decided a while ago that the increase in share price might be exceeding the growth in dividend payments. With the share price at a level not worthwhile purchasing (6-12 month view) sold and took profit.