Do you mean claim the difference of Rm4,000 under "medical"?can this be done?

My answer to SOME of your questions:

1)PN17 was formulated to replace PN4,Pls refer to the link for details.

http://www.bursamalaysia.com/website/docum...SB_%20Jan05.pdf

2)As long as the share quotation is not suspended and there is a buyer,you can still sell the share.

3)Apart from no dividend,the main disadvantage of a warrant is that there is an expiry date for the warrant.If the warrant is out of money,in most instances,it will expire worthless.

This post has been edited by lklatmy: Mar 8 2006, 11:34 PM

A warrant cannot be redeemed.It can only be excercised.

I think there's difference of interpretation on the term "redeem"and "excercise"here.

AFAIK,in Malaysian context,redeem is used in relation to loan stocks that are unconvertible,ie,on maturity of the loan stock,you just wait and the issuer(or borrower)will send you a cheque .This process is known as Redemption.

In the case of warrants ,like what you described,you fill up the excercise form,pay the excercise price and you get the underlying mother share in return.This is known as Excercise.

Before short selling was suspended at the height of the financial crisis,only the big boys benefitted because only they were in position to borrow the shares.Small guys like you and me could only stare by the side in envy .Let's hope that this round,Bursa will make it easier for the small guys too .

Not all things are lost.There is still single stock futures where you can shortsell .Bursa stated that single stock futures will also be introduced shortly.Nonetheless,there will still be some fine differences between lending and borrowing(short selling) and single stock futures.Until the details are announced,we could only make guesses.

Single stock futures,IMHO,will make the Malaysian stock market more interesting and will reduce the distance between Bursa and a real world class exchange.

Previosly,only blue chips stocks qualified.I remember one of the critirion was 1 billion mkt capitalisation.

I think the takeoff of Single Stock Futures(SSF) will be slow considering the low level understanding of futures in this country.One of my main concern is the support by certain "unknown"forces on the prices of GLCs.This will distort the mkt price and will be extremely risky for one to short SSF of GLCs.

This post has been edited by lklatmy: Mar 24 2006, 01:44 PM

Not all and not necessarily GLCs.Usually,liquidity,mkt capitalisation and concentration of shareholdings are some of the critirea.

Any idea why the big drop in Mithril share price today?

Have to be extremely careful when buying Mesdaq counters.Some have no fundamentals to back up at all.See Kzen,revenue of 200k only in the last quater which work out to about Rm1900 per day.Even a coffee shop can do better.

http://announcements.bursamalaysia.com/lin...age.nsf/lca.htm

this is the kind of counters which should be avoided at all cost.

Yes,if there is no clear regulatory frame work,it's better to stay away.

If in doubt,do not invest.

Hidden booby trap far exceeds hidden pearl.IMHO.

Why not we leave this swisscash thing alone and move on with the investment topic as suggested by the Moderator,Mr. Geminist.

At this point of time,no one is going to win the battle since only time will tell!


Today's tornover in Bursa was over 2 billion units and I believe it's all time high,Rinngit also appreciating which is a sign of funds coming in,be it hot money or genuine long term investors.Does this signifies the start of a bull run?

This post has been edited by lklatmy: Apr 5 2006, 11:01 PM

Check with the Share Registrar:

Epsilon Registration Services Sdn Bhd in PJ.Tel 03-78031126.

But I guess they will ask u to wait for a few more days.

They r actively buying and selling but I think they r just acting on instruction for someone.

I think the lowest you could get is 0.42%.This is for internet trading and must be collateralised.No service or advice.

Day trade is 0.15%.similarly must be collateralised.

No,it's a priviledge and come with terms and conditions.

PM me for details.

"Invest"?I don't think SSF can be considered as investment.Short lifespan,no dividend.It is nothing more than calculated punting.

Rumours has it that it's Rxxco LOx

Those counters where Deutsche bank is activelly buying and selling,believe to be associated with this group.

IFCA down by 13 sen now,but SYF is up.Must be extremely cautious if u want to joint in the Merry Go Round hosted by this group.Else, you will end up with the hot,sizzling potato in your hand.

This post has been edited by lklatmy: Apr 24 2006, 10:38 AM