Shares & Derivatives
QAF Limited: Rising 5c to 93c a share.
By A Singaporean Stockmarket Investor (ASSI)  •  April 29, 2014
I have had a long position in QAF for a while now and I have received a few rounds of dividends. Based on my entry prices, the dividend yield is more than 7%.
I like to think that the dividends received help to pay for some of my groceries like Gardenia wholemeal bread, Cowhead organic rolled oats and the occasional box of Farmland hash browns. Today, QAF's share price rose by 5c. The counter is still trading CD for a DPS of 4c. I believe the counter will go XD in the first few days of May which is soon. Technically, could share price go higher to close the gap at 95c or test the highs of 12 months ago at $1.05? It could, of course. There is almost no accounting for prices and my bowling ball agrees with me on this one. Fundamentally, going through the annual report, although revenue ......
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By A Singaporean Stockmarket Investor (ASSI)
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