Yeah, I still remember buying it based on 6% yield at that time. Over time already >10% yield. All thanks to the forummers here for advice.

i hire you as Cherroy Fund manager. Can ah? RM600 a month, basic salary.

LOLOL...
so ... is it possible that companies will end up reducing allowance and increasing basic ?? that can sum up to 1.5k - 2.0k as well..
then minimum wages doesnt make an impact at all.. only sounds good.. like another political gimmick
can easily manage a LYN-EquityFund...

This post has been edited by mopster: Apr 26 2012, 03:54 PM

I have no cert, can only do Fun manager, ok or not?

DY is calculated on yearly basis. If you bought a stock 3 years ago, do you compute DY based on your buying price?

As long as the stories doesn't goes sad ending Sure can

Companies rather increse allowances, so overtime calculation won't be affected.

Minimum wage is based on gross salary instead of basic. As long as your take home pay is above the minimum, no reason why the salary earner should remain in the "hardcore poor" category.

even better, no need accounting and maybe no need pay tax also.

Yes. I always calculate based on my initial capital commitment. Every year the dividends received is considered my capital repayment, so every year my actual capital invested is reduced. This means over time, the dividends will ultimately pay for the share itself.

The DY you see in the newspapers or research reports are always based on current prices.

smartag alot of 1lot buying going on at 0.215....

This post has been edited by ben84: Apr 26 2012, 04:01 PM

Yes, possible,
but, benefit to those work 3 days, and off 2 days type of employee,
while those work 5 days full one, still the same. All at same basic wages.

Basic and allowances in some company does make a lot of difference one, those work in HR should well verse understand the impact.

Allowances/incentive/commission, you work on the specific job scope set, you got paid.
Sick leave, whatever leave, no pay.

Basic, company must pay in full sum, including the employee have lot of sick leave, annual leave etc. even the employee only come 10 days per month.

After Bersih market will go up?

dunno. only time can tell.

Copy Alexx now?

So far, what I read in news, and heard is about basic, not gross.
If gross, many industries and company has no fear about it, as those capable and hardworking one, most should be way above those range of wages already.

What I meant was fixed gross. Like lets say Basic 400, but fixed allowances like transport allowance, site allowance, makan allowance all add up to meet the minimum wage. This does not include overtime which is not fixed.

This way overtime or additional production does not cost extra from before. And fixed costs are easier to manage, where the company has a fixed objective and can concentrate on other cost cutting measures like medical benefits, cheaper insurers, less uniforms etc.

If basic = minimum wage, overtime of staff to meet production deadlines will have an impact on production costs. And these costs can vary according to the amount of production needed, public holiday overtime, different payscale of employees etc.

Edit:

Because employees didn't suddenly improved, there is a justification not to pay the basic = minimum wage if the delta is high.

This post has been edited by skiddtrader: Apr 26 2012, 04:16 PM

u still 100% cash ?

Classic example! Beauty of dividends & long term investment.


I did the same way, too.

Yes I am.

hand itchy, bought some KNM