EDL-Gen sees outstanding July performance
EDL-Gen sees outstanding July performance
EDL-Gen's past 2 day rally has been outstanding and convincing, particularly when you compare the numbers against last month's totals.
The past 2 days alone have yielded 45pct of June's total turnover. The past 8 days turnover with a 14pct gain against June has surpassed the US$1.16 million mark versus June's US$1.03 million.
EDL-Gen is outperforming with turnover, which has to put pressure on the share price to advance.
Normally when a stock goes ex-dividend as EDL-Gen and BCEL did on Friday, there is an expectation that there is a small drop in share price. But that hasn't occurred, as support for both stocks remains very strong and this quarter looks like being a great one for investors.
To get the best yield from your investment, it's the right time to talk to your broker and reinvest your dividend in more stocks … the compounding effect will reap handsome profits.
vientiane times
