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 Stock markets in Malaysia

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bibi_dar
post Feb 19 2007, 02:20 PM

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Lets say for eg. my annual income is less than RM30k, therefore not paying any tax. But I have invested in some stocks and received dividends. Am I then obliged to pay tax on the dividend income? If yes, how do I go about it? Thanks guys!
bibi_dar
post Feb 26 2007, 05:42 PM

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Anyone here knows what happened to www.ivadvisor.com? Could not manage to get in since yesterday.


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This post has been edited by bibi_dar: Feb 26 2007, 05:42 PM
bibi_dar
post Feb 26 2007, 07:18 PM

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QUOTE(edifgrto @ Feb 26 2007, 06:06 PM)
Is that a forum stuff?! I see something like
Welcome To Malaysia Investment Community...

Forum    Topics    Posts    Last Post


You got any investments there?!
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It is a Bursa Malaysia Community forum.. Can you get in? I can't, it says server not found!

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bibi_dar
post Mar 2 2007, 08:55 PM

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I know this might seem to be a noobie question but bear with me..

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How do you calculate dividend payout? Take Public Bank for an example. Lets say I bought 5600 units of Public Bank @ $8.80 per share. That amounts to RM49,280 (excluding fees & charges). PB declares dividend of $0.60 for the year. How much dividend am I entitled to?


bibi_dar
post Mar 3 2007, 08:56 AM

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QUOTE(dreamer101 @ Mar 2 2007, 09:45 PM)
0.60 per share.  You have 5,600 shares.

So, your dividend = 0.60 X 5,600 = $3,360 before tax.

Dreamer


Added on March 2, 2007, 10:08 pmFolks,

There are investment and speculation.  You use different criteria for each purposes.  Think of yourself as your own money manager.  You do not have to only do one thing.  The proper balance is to invest (85% to 90%) of your money and speculate/gamble on (10%  to 15%) of your money.

(A) For investment, you are looking for (10% to 15) return for year.  So, you need a lot of money for you to get rich.

(B) For speculation, you are looking for greater than 30% return per year.  It is high risk and high reward.  If you win, you do not need a lot of money to get rich.

As your own money manager, you ensure your victory by (A) and if you get lucky, you get rich faster by (B).  You do not have to do only one thing.

By the way, for (A), one of the formula that people use nowaday is

GARP -> Grow at Reasonable Price.

(Dividend Yield + Earning Growth) > P/E

For example, assuming company has a dividend yield of 10% and earning grow at 10% per year and current P/E of 10

(10+10) = 20 >> (P/E of 10)

This is a good deal at current price assuming that this company can continue to pay dividend and grow earning.

Don't assume that a high dividend paying share is not growing well either.  If you choose wisely, you can find those deal.  You just have to be patient and wait for the share to go on sale.

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Then that isn't much of a return.

Gross = $3360/$48280 = 6.82%

Net return = 6.82% * (1-0.28) = 4.91%

Now it is only slightly higher than FD 3.7%. The public mutual unit trust fund I bought pays a dividend of 4.5 cents but the calculation is different.

It is $0.045 * capital injection (total sum invested) and not units bought.

That translate to a higher return.

So I'm rclxub.gif

I thought blue chips like PBBank should be paying a high dividend but seems like not much at all.







bibi_dar
post Mar 3 2007, 10:32 AM

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Any idea on how to achieve 15-20% return annually if looking at blue chips with high dividend payout?


QUOTE(dreamer101 @ Mar 3 2007, 09:04 AM)
<<Now it is only slightly higher than FD 3.7%. The public mutual unit trust fund I bought pays a dividend of 4.5 cents but the calculation is different. >>

You know that translate to a return of 4.5% which is lower than 4.91%.

This is because you choose to buy PBB at $8.80.  You could wait until the price is  lower before you buy.  It is your choice and totally under your control.  You do not get this with unit trust.  You do not get to determine your own return.

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bibi_dar
post Mar 3 2007, 03:42 PM

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Isn't maybulk at its closing 3.50 a bit expensive to buy now or wat?


QUOTE(ts1 @ Mar 3 2007, 03:19 PM)
i mentioned b4 to buy maybulk..give 30cents div n bonus issue in the pipleine (25%)...every 1000 shares u holding got 250  rclxm9.gif .........this for long term investment..may reach 10 ..........
i recommend petra perdana for long term also..contra dun play  laugh.gif
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