UK Stockmarket 2009 and beyond

turbobob

Interesting. Link should be fixed now.

dgaf

BP went ex dividend today 05-05, so does that mean you are entitled to the dividend if you bought today or would you have to have bought prior to today, ie yesterday?

Thanks

tradetime

turbobob wrote: »

Interesting. Link should be fixed now.

Ah yes, saw that story y'day, made me smile, but then the yanks always were a bunch of hypocritical sob's. At the end of the day, as far as I can see, there's not that much difference between what people's in the world do. The only difference comes in what they say they do.

tradetime

dgaf wrote: »

BP went ex dividend today 05-05, so does that mean you are entitled to the dividend if you bought today or would you have to have bought prior to today, ie yesterday?

Thanks

Am not a big one for dividends, or more particularly dividend games, but I think you should be alright if you bought today. I believe May 7th is the important date as the record date, so under T+3 buying today should put you on record May 7th. just.

tradetime

tradetime wrote: »

Am not a big one for dividends, or more particularly dividend games, but I think you should be alright if you bought today. I believe May 7th is the important date as the record date, so under T+3 buying today should put you on record May 7th. just.

Oops, my bad , (told you I wasn't a big one for dividends) Am afraid the Ex-Dividend date is the first date that you would not be eligible for dividend, you would have had to buy yesterday, sorry>

turbobob

tradetime wrote: »

Ah yes, saw that story y'day, made me smile, but then the yanks always were a bunch of hypocritical sob's. At the end of the day, as far as I can see, there's not that much difference between what people's in the world do. The only difference comes in what they say they do.

Same the world over I think. One of the senators mentioned, Spencer Bacchus seems like something of a trader on the sly. Making $28,000 profits in 2008 was pretty good going

dgaf

No probs tradetime, thanks for the clarification. Thought it was a bit strange as thats when the share price usually drops a bit when it goes ex dividend.

It says the same here (5th one down) that you have to hold shares prior to ex dividend date:
http://www.hbmarkets.com/help-centre/dividends/.

edit: moved thanks from post 2225 to 2226, didn't want to confuse anyone else who saw it.

sabretoothtigger

Thats why it was discussed here, the theory being you can buy into the fall and suffer no drop from the dividend, turns out thats what happened.
I did expect it to be more negative then it has been since friday, something to learn there i guess.

SKR drops upto 8% today, lots of red flashing. All sorts of shares either flat or looking bad now. The price of fertiliser is apparently falling not that they are producing any but it doesnt help :laugh: Target for some trend support is another point below or 5% drop


The gameplan for BP nyse quote is for a topside of 51.78 today and declining as the days go on - ie. bearish Will be interested to see if this UK stock can show more significance from the usa quoting or not.
The UK BP chart I think looks far more bullish 552 support as seen and trend is up still with 563 area just the start.

If it cant maintain that level then it starts to resemble NYSE more and the old trend becomes the ceiling



BP loses $32 billion in value on spill $$ http://money.cnn.com/2010/05/04/markets/thebuzz/index.htm?eref=aol

cloud_dog

sabretoothtigger wrote: »

SKR drops upto 8% today, lots of red flashing. All sorts of shares either flat or looking bad now. The price of fertiliser is apparently falling not that they are producing any but it doesnt help :laugh: Target for some trend support is another point below or 5% drop

Maybe I'll get my sub-20p buy price afterall

tradetime

US markets saw continued selling yesterday, but on a slower pace to the previous day as no doubt the proximity of the 50 day sma brought some dip buyers out. Eurozone instability continues to weigh on sentiment and 1150 area remains the most realistic target for the SPX, a failure there would open the door to 1115 quite quickly as many swing traders will have stops in that area, and put this correction on a par with the Jan - Feb correction. That said, a successful test of support in the 1150 area should at the very least produce a meaningful bounce, if not mark an end to the correction.


US$ continues to look extremely bullish, 84 target was met and exceeded and 85 looks highly likely on an upper channel test. 82 - 82.5 should now provide support.