From the 1st page quote
"The last day of trading to receive the dividend. It is one trading day before the ex-dividend date, where the stock is said to be "cum dividend" (in other words, the stock that you hold comes with the dividend).
Existing shareholders and anyone who buy and hold the stock on this day (i.e. until the end of that particular trading day e.g. 5:00pm) will receive the dividend. Even if you bought the shares at 4:59pm on the last in-dividend date, you are still entitled as you held the shares until the ex-date.
After this date, the stock becomes ex-dividend"


Contradicting advice.

How come this counter APM encountering a drop in price.

So sorry. Haven't come to this thread for some time now cause I'm out of the stock market at the moment. What's the contradicting advice? Kindly point it out and I'll make the necessary corrections. Thx.

good guide... thanks!

Hi there! Can anyone please explain the following announcement to me?

" 9261 GADANG GADANG HOLDINGS BHD
GADANG - NOTICE OF RIGHTS ENTITLEMENT

LISTING'S CIRCULAR NO. L/Q : 58170 OF 2010
RENOUNCEABLE TWO-CALL RIGHTS ISSUE OF UP TO 78,677,194 NEW ORDINARY SHARES OF
RM1.00 EACH (SHARES) IN GADANG (RIGHTS SHARES) ON THE BASIS OF TWO (2)
RIGHTS SHARES FOR EVERY THREE (3) EXISTING SHARES IN GADANG (GADANG SHARES)
TOGETHER WITH UP TO 19,669,299 FREE DETACHABLE WARRANTS (WARRANTS) ON THE
BASIS OF ONE (1) WARRANT FOR EVERY FOUR (4) RIGHTS SHARES HELD IN GADANG AT AN
ISSUE PRICE OF RM1.00 PER RIGHTS SHARE, OF WHICH THE FIRST CALL OF RM0.65 IS
PAYABLE IN CASH ON APPLICATION AND THE SECOND CALL OF RM0.35 IS TO BE
CAPITALISED FROM GADANGS SHARE PREMIUM AND RETAINED PROFITS ACCOUNTS (RIGHTS
ISSUE).
Kindly be advised of the following :
1) The Rights commence of trading : [ 7 September 2010 ]
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of
Offer :
[ 8 September 2010 ]
3) The last day and time for Acceptance, Renunciation and Payment :
[ 23 September 2010 @ 5:00pm ]
4) The Rights cease quotation : [ 15 September 2010 ]
The Stock Short Name, Number and ISIN Code [ GADANG-OR, 9261OR and MYL9261OR001] respectively"

Your help is much appreciated. Thank you.

in short, if u own 3000units gadang, you will get 2000units RI and free 500units warrant.
2000units RI got to pay RM0.65 for each 1000units if u wish to subscribe the right. total will be 0.65 x 2.

formula :-
3000 : 2000 : 500
6000 : 4000 : 1000
;
;
;

Thanks smartly! I am new to stock markets. However, I have some questions:

1) I have already bought some Gadang shares online. In your opinion, buying the rights is a good decision or bad decision? How does it affect the stock price? I would incur more loss/profit by buying the rights or not buying the rights? Please advise.

2) How do I buy the rights now?

Thanks!

i did not go in detail, judging on surface, gadang is a profit company so far.
think it is okay to subscribe to right but u will subject to price adjustment.
you may suffer more loses for start, if the forecast earnings is good when price recover
you will tend to gain more with more units on hand.
i m saying just on general statement, nothing is sure in stock mkt.
you get free warrant as consolation, hopefully this can cover some price adjustment downward.

you will get a form to fill up when subscribing to right shares. contact your remisier for details.

Guys, pls explain

-what is gearing ratio for warrants, i.e. gearing times, effective gearing?
and how can i calculate and determine them?

-what is Delta Gamma Vega Theta 7D for? volatility? can explain how can i use this figures?

thanks

How do you settle the trade on T+3?
This depends on whether you have a cash account or a margin account.

> Buy stocks, cash account

- You do the trade within your credit limit. At T+3, you will need to settle your payment.

- If you do not pay up after T+3, your remisier will sell your shares, and charge you if you sustain any loss from the sell.
------- When they sell your stocks, they will sell it at whatever price traders queued to buy.
------- For example, if you bought your share at 90 cents and the highest buyer's price is 80 cents, then you stocks would be sold at 80 cents and you would incur a loss of 10 cents per share.

To avoid such a case, you could top up your trading account with cash prior to any trading. The value of your stocks will be deducted from your trading account (but you have to make sure you have sufficient cash in that account). The brokerage could pay you interest on any balance in your trading account.



sorry asking noob question....
coz i jz apply tradig account today...so noob abit...
T+3 so means regardless u wan keep or sell the share u holding must be within t+3?
means if loss aso nid to sell ar?

means there;s a possibility of making loss?

coz last time i tot we can keep the share for very long time...we wont make loss unless we sell at price lower than we bought....

some 1 pls enlighten me pls..

"If you do not pay up after T+3, your remisier will sell your shares, and charge you if you sustain any loss from the sell."

As mentioned above, This only applies if you bought shares using credit. If you have the cash and paid for the shares, then you can keep the shares for as long as you want. No need to sell it.

Anybody can explain what's 'scrip election' means?

Don't quite understand what you are asking...

i just deposited RM100 into my trading account. The trading limit showed RM86.72. Anyone know how to derive this figure?
As far as i know the brokerage fee is RM10, stamp duty RM1 and clearing fee = RM86.72 x 0.03% = RM 2.60
RM100 - RM10 - RM1 - RM2.60 = RM86.40??

I'm on jupiter online anyway

This post has been edited by shanelai: Oct 22 2010, 04:48 PM

Maybe you meant scrip dividend?

Errrmmm, why is there stamp duty and clearing fee when you didn't buy any stocks? I think it is better to just ask your remisier about it.

This post has been edited by kmarc: Oct 23 2010, 12:57 PM

I some query about divided hope I can get some explanation:

When a company giving out dividend, does any administrative fees or any other fees apply to us.

For example I have 2 lots and dividend giving out is 0.10 cents, so should I get RM20.


Thanks.....

already answer your post in the different tread..

They said that this is the trading limit which will take into account those charges, if i didnt trade my RM100 still in the trust account. Is all your broker is same like mine?

Thanks.... Master jedi

Since a slight change in common stock will have higher effect on warrants, why is warrant's intraday chart not at all volatile?

it is if the mothershare is volatile.
but if the mothershare was trading steadily, it will be reflected in the premium, and adjusted over time depending on the perceived value of the warrant, which is why some warrants trade at a premium and some don't.

im assuming ur volatility here means a swing of 7-10% a day, which isn't common unless the stock is heavily speculated.