I've posted this at reits thread

Aiya, both share I also have....Tanjong still yet to break my buy price of 13.60. It did not drop enought to 12.80 for my averaging down plan....But still got 15sen (after tax) div.

And Sealink, aiyo, drop soooo much 4 sen....but oil prices dropped last Friday, so not surprising. I still holding my Sealink, since I buy at around 0.6x, then still have 4sen div...Hehehe...About 6.25% yield...Somemore price appreciate...Hold long term....

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Added on June 15, 2009, 1:27 pmI am not sure what you are planning or hoping for your purchase. It is NOT ALWAYS a scenario where you can buy before ex and sell on ex with a profit. Let me illustrate.

Company A: Ex-Date 16th June, Div: $0.10 per share, Share closing price: $1.00 on 15th June. Say you buy 10,000 shares on 15th June.
So you own 10,000 shares worth $10,000.

On 16th June, the company will pay out to you $1,000 base on your 10,000 shares holdings. Obviously, if the share price remained at $1.00, then you would have made $1,000 just by buying the stock on the day before ex- and then sell on the ex-date at the same price if the price was not adjusted.

No company would give you this chance go earn so easy money. So the share price will be adjusted accordingly, perhaps to $0.90.
So your 10,000 shares are now worth $9,000 with your dividends $1,000 that equals what you paid on 15th June = $10,000. This is how it works.

Occasionally some traders may really want those shares and drive the price back up to $1.00 and you are in win-win if that happens. Most of the time, it will trade lower on the day of the ex.



This post has been edited by VyvernS: Jun 15 2009, 01:27 PM

tanjong 13.50...

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Added on June 15, 2009, 1:31 pmAny TANJONG RIDER here?

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Added on June 15, 2009, 1:31 pmi got some @ 13.10
got some @ 13.00

once hit 14.00 i gonna let go!!!

This post has been edited by virtualgay: Jun 15 2009, 01:31 PM

good for you

at 1090, everything seems expensive now as compared to 3-months back. (although some is still traded at discounted price if compare to back in 2008)

i'm not jumping in for anything now unless one can forsee market will continue to go up to 1100-1200 in near term.

meantime just hold on with what i have and stay alert with the wold news. i'm being a defensive player now

TANJONG is actually cheap @ 13.50 also cause the price is around 14.10 before it come down...

Got Tanjong at 13.00. Waiting for 14.00.

lets ride the bull till 14.00 haha...
anyway u manage to resolve ur jupiter issue?

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Added on June 15, 2009, 1:40 pmPANAJIE... u holding any STEEL counter?

This post has been edited by virtualgay: Jun 15 2009, 01:40 PM

I will sell if they reporting dismay Q result which make them unable to payout generous dividend as usual or based on current result, 16-17 should be my long term target.

Im so jealous.. i want RM13 la!!!

i want to buy 50 biji!!!

Yes, Kinsteel... in my dream. hahahaha!

execuse me

just to check something: let say i put 1 order to buy contract. What if at the end of market closing, the index doesn't hit my oder? Would brokerage charge comission on this?

Nope, u won't be charged.

Then I should complain more - NO DIVIDEND sumore!

Yours @ 3.28 - Still lower than mine

i see...

what if i change the order? I mean, before the index hit my order, i change the order to another price?

you wont be charge for anything, I everyday que PMINDWA at 0.025, my remiser say I kau kau chan

Targeting SEALINK @ 0.85-0.86

Err - by the way, higher crude means I dun wan to established contract now ..

yes you can change so long didnt hit anything, infact even if partial filled you still can change and no extra charge

lol at the name Uchitards

non stock market player would be puzzled WTH is that

ok thanks moorish

what if i cancel the order before it hit my targeted price?

Aiya....few days ago reach RM13, did not pick up any? I missed it too. When down, hoping for lower, then when it go back up, hope it was at the down price....