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 Q&A on Stock Market V2, General Question On Stock Market

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nextTile
post Apr 24 2017, 10:48 PM

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just want to clear somethings, thanks in advance :

1. Now 1 lot is equals to 100 units or 1000 units?
2. Can I the same CDS account with another stock broker (not the original stock broker who opened the CDS for me) ?
nextTile
post Apr 24 2017, 11:10 PM

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QUOTE(topearn @ Apr 18 2017, 04:48 PM)
Why are there tiny trades done for say 1 lot (100 shares) where the share price is just 8.5 cents. Cost of share is just RM8.50 but the brokerage+clearing+stamping is much higher ?
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sorry beginner here..

i think i need some clarification. why is it cost of buying much higher?

brokerage+clearing+stamping :: (0.007 x 8.5 ) + (0.0003 x 8.5) + 1 = RM 1.062

1.062/ 100 shares = 1.06 cents per share

8.5 cents (share) >> 1.06 cents (buy cost)

>> cost per share is 1.06 cents, why higher ? in what sense you mean higher cost? the maths or value?


nextTile
post Apr 29 2017, 09:22 PM

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QUOTE(topearn @ Apr 18 2017, 04:48 PM)
Why are there tiny trades done for say 1 lot (100 shares) where the share price is just 8.5 cents. Cost of share is just RM8.50 but the brokerage+clearing+stamping is much higher ?
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referring to the above post by you... 8.5 cents per share, 1 lot (100shares) = RM8.50.

what were you trying to say actually.. you are saying the cost of share for RM 8.50 lesser than the brokerage+clearing+stamping?



 

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