small issue for me... because i working at SG.

No charge mean ?

I think he mean no charge for dividend as you asked about dividend which I think wrong term?

I'm using DBS vicker as it can link directly to my DBS account (buy and sell, debit and credit fund). The fee quite reasonable. However, others like Maybank Kim Eng almost the same fee.

https://www.dbsvonline.com/english/Pfee.asp#2

This post has been edited by almeizer: Nov 5 2014, 03:29 PM

actually i have the account with OCBC ... just dont know which one better (buy at where cheaper.)

OCBC almost the same with DBS vickers. OCBC is 0.005% cheaper for trading 50k below. Others look the same.

Hi guys,

Let's say one of the SGX REITS issue div, what would the procedure be like?

do they charge any fee for transferring the dividend to your bank acc (msia bank acc)?

if u are with msia based nominee account, sg dividend paid to this nominee acc will cost u something.
cimb charge flat sgd10 for each div payout.
so, if u get a small div, say sgd30, 1/3 is gone.
maybe other brokers charge less, i dunno...

i see.

thanks for the explanation. will email the brokerage firm to know more about this. at least much more clearer what to ask them.

what's up with suntec?


up 10 cents or 5%!

Makes no sense doesn't it? after exchange rate spread, bank charges, agent charges, commission.. might as well put it in FD

Wow whats the news

according to my broker which is HLE Broking...

They mentioned that

All foreign dividends will be credited into your trust account. There are no charges involved.

so nice?

EDIT:

They mislead. They resend another email. lol.

All foreign dividends will be credited into your trust account. Should you have Multi Currency Settlement, dividends will be credited into your trust account in SGD. You may refer to My Account >> Transactions >> DN/CN (Currency: Singapore Dollars) Please refer below for the charges on foreign dividend charges:




Agent Handling Charges SGD6.00

Bank Charges SGD0

Our Handling RM10











This post has been edited by ShinG3e: Nov 7 2014, 11:25 AM

well, if u buy everything at the worst possible time - weak rm, high sgd price, pay higher than normal brokerage fees, div charges - and in small amounts making the div charge a high %, it can't be good. the fx factor is the main one so must learn to buy with rm only when rm is relatively strong.

however, in most cases, the purchases are spread over a period of time, win some gain some such that the overall "additional" cost is more than offset by the higher div yields in sg reits compared to bursa ones. fd... that's a risk free saving, not investment, diff animal.

my own experience, net current position is sgreits is significantly better than bursa ones. looking forward, i have less confidence in rm than in sgd.

sgx is a much more active (can say more efficient) bourse with many major foreign players whilst bursa is pretty closed, mainly local players and few foreign funds. u can see the difference in daily volumes traded for any counter.

total about sgd10, normal la...

This post has been edited by AVFAN: Nov 7 2014, 11:30 AM

Cool.. but current yields in SGX REITs are maybe 6-7%, is that really still worth it considering FD rates at 4%?

my view is if small amount,s dun bother - place in fd, sleep well, play more, no need to read forums or charts or anything!

bigger amounts, spread them out over several categories, not all in one basket.

I SOLD OFF 21 oct at 1.56... buy back 29 oct at 1.50.

didn't know REIT also can YOYO trade...

What was the net profit (in %) from that trade? 0.06 is like 4%? how much would that be after commissions?


This post has been edited by wodenus: Nov 7 2014, 12:01 PM

r u talking about bursa sunway/sunreit or sgx suntec?!

This post has been edited by AVFAN: Nov 7 2014, 12:08 PM

i think she misunderstood that as sunreit

Which Reits counter/s do you hold currently ?

yaya sorry tot u talking abt SUNREIT...