boosting up..

lol really tempted to sell man actually.. but dividends too sedap!

My noob qty , can consider boh ? keke

My PAVREIT IPO application bounced back liao

Arreit.

Up 3 sen today. The only Reit likely to announce dividend for remaining of 2011?

Just get some Pavreit.... The percentage is too low..

This post has been edited by brahamcook88: Nov 26 2011, 12:14 AM

applied 100,000 units get 60,000 units..
lets hope for the best on listing day.

better den getting nothing

APPLIED 50,000 UNITS, GOT 40,000K UNITS

hi, would like to ask some question....
how much should I invest in REITs and is there anyway not to have broker fees being charge...
means i used 5k to buy 5k stock without any interest or whatsoever??

thanks

maybe you should ask yourself, would you do a job for someone for free ?
(and there are fees which is compulsory such as stamp duty. Like it or not, you must pay RM5 for stamp duty)

yes, i understood what i mean...
what i'm trying to say is whether can i buy reits stock without broker...like online so that can save some broker fees...=)

really appreciate your reply as it add to my knowledge that i need to pay stamp duty...

*still learning on all this

there is no free lunch...

you must pay for the fees ...

In other word, no matter its online or whatsoever
we still need to pay broker fees???

currently which is offering good service and decent fees in REITs investment??
I'm thinking of opening an acc in public bank after my finals..
as it is easier for my mom to communicate with the worker and understand what is REITs about...

thanks

CIMB is having a promotion right now, I think it's called Trade Pro or something.

You put in RM250k in your trade account, and you pay no brokerage fee at all. Your limit will be 3x the money in your trade account. However you must always maintain above RM250k to be entitled for no brokerage fee.

@@ 250K!!!!
I hope I have that much of money...
still thanks for your info...
I'm still small fish oni...>_<

ok bro, let me tell you some facts...
There are 3 fees involved when you buy any shares :
(1) Brokerage Fees (2) Stamp Duty (3) Disbursement Fee

Stamp Duty & Disbursement Fees is FIXED and non negotiable.. Stamp Duty charged is RM1 for every RM1000 shares and 0.3% on total value.
Brokerage Fees is the part you can do some shopping, but generally online trading is cheapest since you say you are small fish...(i am a ikan bilis too)
Online Brokerage Fees charged is 0.42% on total shares value. If you use remisier, they charge 0.60-0.70% like that (some more have to see their face colour because we are small fish). Since you are IT savvy guy, lets go for ONLINE !!

There are some minimal brokerage fees, in general is RM12. Which mean if you buy a share worth RM100, your cost would be :
RM12 brokerage + RM1 Stamp Duty + RM0.30 Disbursement. (cost to BUY) . if shares goes up worth RM120,
RM12 brokerage + RM1 Stamp Duty + RM0.36 Disbursement. (cost to SELL).... you are not making.


To really make full use of the brokerage fees, buy at least RM2857 ( RM12/0.42%). Say you buy shares worth RM3000.
RM12.60 + RM 3 + RM 9 will be your total buying cost. if share price goes up to RM3100,
RM13.02 + RM 4 + RM 9.30 will be your total selling cost. so... you still make +49.08.

There are banks which is doing promotions, ah... dont wan to mention here since you say small fish...
we are not traders with big amounts, so we are not entitled anyway.

Hope the above clarifies.

With Love,
Ikan Bilis.

thanks yamato trading...it really helps me with all the detailed information and how to maximise the broker fees....

Thinking of getting into shares again (1st time was when I was a student, got burnt after the crash in 1980's, 2nd time was in the 2000's and got out just before the 2008 crash).

Interested in what you mentioned about online trading. Where and how ? Thanks.

student in 1980's Senior...
There are many banks offering online trading service. You may google itradeCIMB, HLebroking...there are also Maybank Investment etc..

myself im using itradeCIMB. Online trading you trade realtime and no need to see "Face Colour" of remisier + im using Share Margin Financing.
I get higher trading limit just that i need to pay interest BLR-2% until outstanding is settled.. of course, my risk is higher relatively..