No procedure. Open cross border account with your broker.

SGX minimum purchase is 1 lot = 1000 shares x price of share = minimum cash required + brokerage

Hmmmm...

Looks like O&G still has scope for more falls on Monday due to Petronas' official announcement of capex cuts

More bargains..

That is not surprising, at least it is better than small-medium shale oil producers, who might have to stop E&P completely due to low price of oil.

This post has been edited by gark: Nov 29 2014, 10:22 AM

contractors die first

Next year 1 lot = 100 share

Next year 1 lot = 100 share

Sure or not ?

http://www.sgx.com/wps/wcm/connect/sgx_en/...from-19-January

I can sit on a trade for a long time....on one condition...
The trade must be productive.
If the trade is losing...
There is only one reason.....
Which is I made a damn lousy trade in the very first place..
Either stock is wrong or my entry price is wrong...
But it doesn't matter...
All it shows is that I messed up.
So would I want to hold long term and hope the market help correct my mistake?

Oops

This post has been edited by Boon3: Nov 29 2014, 02:13 PM

Last and final post for this counter! "Eduspec"! Moving on sharply!! Do not miss the boat!! Please check their financial results!!

Man, reading through bits and pieces of news, I'm beginning to be convinced that the downturn in oil prices will last for some time, maybe a year or two at least and it still has room to fall. Shale oil producers in the US have sunk costs and can't cut back on production. They will cut new investment but that only affects new wells down the road. The general outlook for the global economy next year is pretty bleak so demand is likely to drop further.

So in short: I should have listened to boon and cut losses quickly!

two ways to the thinking.

This is the chance to top tup cheap, no?

depending whether what is your strategy i guess. if you are a trader, buy only when it shows promising recovery. if you are a long term investor, you could start to look for chance since the generally the cost of oil production will increase since not much oil field left in shallow water, except middle east where oil is so much abundance there. however, be patience, do not enter too early.

ah ok thanks..tht means go to any bank in malaysia and open cross border acct?don hafta go over to SG?


KLSE oso 1 lot = 1000 shares right?

It's 100.

Buying cheap of course is good...

But what if the cheap continues to keep getting cheaper?

Simple buying tactic example, assuming one started buying at 315.

3.15 buy 1000 shares. Total outlay 3150 (no count commision + stamp fees blah blah)
3.00 buy 2000 shares. Total outlay 9150. (average cost 3.05)
2.80 buy 6000 shares. Total outlay 25950 (average cost 2.88)
2.60 buy 12000 shares. Total outlay 57150. (now holding 21000 shares! average cost 2.72)

See how expensive this exercise can get?
And this example use the strategy of doubling up every time the stock gets about 10% cheaper.

Yup, open any brokerage in Malaysia, ask for cross border trading.

Malaysia 1 lot = 100 shares

Hmm Skpet drop another 20 sen lmao...

Hantam more...