$Soon Hock(SHE.SG)The company announced a dividend of S$0.0305 per share, with an ex-dividend date of 25 June. At that time, the share price was relatively low at around S$0.64, so I saw the combination of a low share price and upcoming dividend as an attractive opportunity.
Therefore,I decided to buy the shares at around S$0.64.
However, after my purchase, the share price dropped to around S$0.59 and did not recover to the S$0.64 level during the next two months.
After holding the position for about two months, I decided to liquidate my position at S$0.60 so that I could free up my capital for other trading opportunities.
This trade taught me an important lesson: I should not buy a stock simply because it offers an attractive dividend.
A dividend may look appealing, but it doesn't guarantee that the share price will perform well.
2025.10.15 ~ 2026.08.25 All orders
Cumulative P/L-25.21 (SGD)-1%
2025.10.152026.08.25
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