Solid Group Inc #SGI

SGI Daily Chart

NOTES:
Call it fate as this stock just broke its consolidation range on the day of its cash dividend declaration date (check the volume spike.)  Hopefully, it will move higher tomorrow and in the next coming days.


Short term trading plan:
Entry: 1.39 - 1.42
Stop loss: 1.33
Min target price: 1.50

Cash dividend

Declaration date: Aug 11, 2016
Ex-div date: Aug 25, 2016
Payment date: Sep 26, 2016
Dividend rate: Php0.10/share

If you will invest P100,000...
Buy: 1.42
Shares: 70,000
Total cash dividend less 10% withholding tax: Php6,300

PS. I will personally trade this stock tomorrow. #caveat