Wrong already.

If ex-date is 29, buy at 29, you won't get the dividend.

Want to get the dividend, must buy at 28 and hold overnight and sell at 29, then you will get the dividend. They will look for shareholders on 28 5.00pm (after market closed).

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Added on July 29, 2009, 10:57 pmYou will be entitled the dividend even sell today.

This post has been edited by cherroy: Jul 29 2009, 10:57 PM

Yup.

Shareholders list is about entitlement date, (my apology) just ordinary retailers can just stick the ex-date for reference, as delivery of shares and transferring for T+2/3 is automatic nowadays.

You can sell on 29 to entitle the dividend if the ex-date is 29, that's fir sure.

The entitlement date is about transferring of share into the CDS account, which if not understand, just stick with the ex-date will do, as under CDS, you don't need to worry about the entitlement date.

Previously under cert time, entitlement date is the date we must register the share into our name to entitle the dividend. With now computerised scriptless and auto transfer, don't need to bother much.

If one has been in China, you can see there are lot of wastage and non-efficient of utilisation even on foods and restaurant front, don't know how much foods is wasted daily, just simply throw away.

Go to eat ordinary lunch or dinner for a table of 10, surely come out at least 8-10 dishes, where can people finish it all the time. There got some culture, if the clients finish the dishes means the host is kedekut (seem as no face) aka the clients having not enough, so must have plenty of foods being left, only show generousity.

Just my experience, no offence.

Now everyone is watching whether China is bubble in making or just a correction.

Loan rate increase previously months has been shooting to the roof which indicated too hot for financial market to handle which this issue has been raised a few week ago or so.

China market going down right now.

Newly IPO especially smaller company is very difficult to evaluate. Little information can be obtained, also when they want to do IPO time, generally, they will try out the best to 'make up' as good as its look.

Just like you meet a gal, even though you have her details, you never know her (mood, real behaviour) only after some time.

First day of trading the limit up degree is much higher, not 30%, still got limit but something like 200% is allowed, sorry forgot the exact figure liao. Anyone can correct it?

Yes, correct.

There are not buyers and sellers in between 1.78 - 1.82.

So it depended who want to jump q.

The stock has a nice name or better fengshui probably.

Goreng syndicate tends to like new stock as they are still clean, so very easy to goreng especially on the first day as there are no people trap at higher price before, so little selling pressure can be expected and easy push the price up.

Unlike some old name goreng stock, once reach certain price (previously most people bought one), you can see massive selling force coming out.

You know what, now even hedge fund managers are 'kiasu' right now. Everyone scare not having enough equities so that their report card won't be lag behind the market.

Previously, people scare off depression, now they scare off not investing enough!

If market is going up more, and you as a fund manager doesn't buy enought to on par with broader market performance or indices, you are screwed big time, could hurt your performance rating big time.

That's why market is up, up and up, never pull back at all. Everyone is buying, whether want to buy or need to buy.

Just like locally, once people put money in ASM, PNB only mandate is to buy stock in the market eventually KLCI continue to go up, disregard whether the stock price is a bit on the high side or has risen too fast or too much. They need to buy. They can't put your money in bank as cash. This is what happening right now.

As long as there is no seller that urgent to sell or need the cash one, some buying activities will suppport the market already.

Having said that, we need real economy recovery, and earning recovery over the long term so that this rally has a real leg.

Overheat will kena UMA, and if still going up after suspension, KLSE will designate the counter which you need to pay in advance before can buy, no contra T+3, this is the standardised procedure KLSE has been making.

Anyway, today last day of the month, will see a lot of 1 batang trade especially at last half hour.

Commerz up 50 cents with high volume, something cooking?

With the new AS1M going to launch next week (10 billion), little people dare to short the market/FKLI.

Selling activities in KNM is quite persistent, seems some fund managers want to dispose/clear stock it fast.

Next week stock has to move 1 cent 1 cents for those below 10 one.
No more 10 cents move on >10 one.

A new era.

For current trend, buying index will lead you gain more than buying individual stock, as for individual stock, you need to pick the right counter, if wrong, then no gain at all even though KLCI goes up.

So risk of individual stock is a bit higher than index, except those strong fundamental stocks.

I don't think so, those will hold stocks for long term will continue to do so.

Those always want quick in quick out, opt for short term gain, still will continue to do.

My opinion though.

I don't think much effect on intraday trade, but it could mean more blink blink screen on your computer.
People buy/sell 1 lot at 5.01, 1 lot at 5.02, 1 lot at 5.03... So instead of 5.05 blink one time, now become blinking 5 times.

So that anchovies feel excited, and trade more, more $$ for them.


Not much different. Last time you buy 5 lots at 5.05, now can split it to 1 lot 5.01, 1 lot 5.02... so little difference.

Seller/buyer amount won't increase dramatically due to smaller tick size, the number investors and anchovies in the market is still the same. Instead of 10K+ Q at 5.05, now it spreads around at various price. But I would suspect for convenience sake, Q concentration is more at rounded figure like we see little Q in 5.01, 5.02, but more on 5.05 or 5.00.