CSE Global

SWN, thank you for your positive vibes. With CSE at $1.05, do you think this is a good exit point?

If I am selling CD, my target price is 1.10. However it may not reach my price as the date is approaching soon!

Today & tomorrow only, the stock will trade cum-special dividend of 28 cents.

Will the stock fall by 28 cents on Monday? Is the market so efficient?

Based on observation of other counters in similar situation, usually the drop is more than the dividend rate in the first one or two trading days of ex-div.

CSE has fallen too much post-special dividend. Touched 61 cents yesterday . If + 28cent special dividend => 89 cents pre-special div.

If CIMB is right, the upcoming final div is 2.5 cents = 4.1% yield. It's not v strong for new investors but very good for longer-term holders as the would have collected 1.5 c interim + 28 cents special.

On top of the special dividend, we expect a final ordinary DPS of 2.5Scts, potentially taking its full-year ordinary DPS to 4Scts, more or less in line with its 40% payout guidance from core earnings.

www.nextinsight.net/index.php/story-arch...8-25-cents-dividend-

The Directors have recommended a final dividend (1-tier tax-exempt) of 2.0 Singapore cents per ordinary
share and a special dividend of 1.0 Singapore cents per ordinary share for the financial year ended 31
December 2013.

Total dividend for FY2013 is 32.5 cents including 1.5 cents and 28.0 cents per ordinary share for interim and special interim dividend (1-tier tax-exempt) payout in September 2013 and January 2014 (FY2012: interim and final dividend (1-tier tax-exempt) of 4.25 cents per ordinary share).