Anyone holding Genting-CA? When you guys selling? Like first thing Monday morning or later in the day?

Dreamer said he only owns ONE bank's stock I believe

Was expecting to see the market drop as profit taking for CNY across the board. Guess in the end all the foreign funds don't celebrate. Hahah.

Some people have made alot of money this week. Even the never heard of stocks enjoyed a good run. I sold everything in my portfolio abt a month ago except for one stock.

Put my money into my third property as I've always wanted something in the Golden Triangle and a piece of 'tanah kampung'. Does wonders in helping me get a good nights sleep.

Hey dude,

You can buy Maybank stocks as you wish; unless of course you actually work for Maybank then there are certain internal policies and procedures imposed by the powers that be.

Share buy back is when the company buys back outstanding shares from either the public or substantial shareholders. This is done for several reasons the most obvious one is that the company feels its shares are undervalued (ie: the market values the share at a lower price than they think its worth). They could also buy back shares as part of their ESOS program; that way they do not have to issue new shares which would further dilute the shareholdings of all investors. When doing a share buy back the Company would have to make an announcement to Bursa and issue circulars to shareholders in order to seek approval.

I know that under section 132d of the companies act 1965 that a company can issue up to 10% of its paid-up capital but i'm not sure abt share buy backs and whether or not it requires shareholders approval if its below a certain threshold. perhaps someone else can enlighten us.

in short, yes you can buy Maybank shares despite having an account with them.

Hey dude,

(ii) Share split

Lets use an example. Say Company A makes an announcement to Bursa saying they want to do a bonus issue. Currently there are 100,000,000 ordinary shares of RM1.00 each but its presently trading at RM5 which means that Company A has a mkt cap of RM500,000,000. Lets say they do a bonus issue of 1:1 whereby for each share that an investor holds; he / she would receive another share free.

In this case, the number of ordinary shares outstanding becomes 200,000,000. But the mkt cap is still the RM500,000,000. So then, what is the point of having more shares outstanding if the value of the company is the same? Well, this improves liquidity and increases the trading volume of the shares.

How many people can buy 10 lots of a RM1.00 share compared to 10 lots of an RM30 share? A cheaper share means more participation especially from retail investors. The downside to this would be that any tom d*** and harry can buy and sell your shares which could would probably increase volatility. A high share price allows you to 'indirectly choose' your shareholders. An example is Berkshire Hathaway which is over USD$100,000 per share. This means that their shareholders are of a certain stature and are serious investors to commit that sort of money.


(ii) Divided

Another example; on 1st May Company A announces dividend of RM0.30 for the current financial year and sets the entitlement date as 10th May; with dividend payments made available by 30th of May at the very latest. What this means is that whoever is listed in the list of shareholders on the 10th of May is entitled to the divided. He can sell the shares on the 11th of May if he so wishes; the dividend will still go to him.

On the 11th of May, the shares become ex-div and whoever owns it then is not entitled to any form of dividends for the current financial year.

Hope this helps; feel free to correct my bad explanations. I don't know much about all this stuf to be honest

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Added on April 8, 2007, 3:15 amAlternatively, you could visit www.cimb.com/warrants

They have a summary page of all listed warrants despite issuer; including the exercise price and the ratio of warrants : mother share needed. There is also a daily warrants digest which tells you which warrants are in the money for the day. Pretty cool I reckon. I don't usually buy warrants though but its good to keep up with whats going on.

This post has been edited by [PIMPIN]: Apr 8 2007, 03:15 AM