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 SGX Counters, Discussion on Counters in the SGX

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Ramjade
post May 13 2017, 08:21 AM

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QUOTE(prince_mk @ May 13 2017, 07:34 AM)
Maybank usd fcy acc - apparently u got to bank in sgd to convert to usd also ? Very comvenient as u can apply via mail frm Msia. Update us okay

What is maybank mcep?
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You can deposit in USD but kena charge 1%. Still cheaper than TT from malaysia (did my calculations even with the cheapest bank in malaysia + all their fees)/deposit using DBS MCA (DBS MCA charges 1.5% for depositing USD). Regarding convert SGD > USD don't know. But avoid double conversion as much as possible (that's what someome said RM > SGD > USD). Of course as Showtime said if you have big USD to transfer via bank, bank can give you good rates. Close to money changer. But if peanuts like me, mana boleh dapat special rate from malaysian banks.
If you are big taikor like showtime/hansel, don't bother. You can save more by TTing USD over rather to SG.

Maybank MCEP is multi currency e-payment. Allow you to make payment for maybank ke via debiting from your bank account. So much for multi currency. Only got HKD and USD. Only USD is the good account (no fall below fee and min to keep is USD1 if apply via maybank ke form. If you walk into maybank and apply, need to maintain min USD1k - same like other bank)

For HKD regardless whether you open via maybank or maybank ke, still kena charge fall below fee.

Of course. All this depends on whether maybank SG want to let me open account or not. sad.gif

This post has been edited by Ramjade: May 13 2017, 08:31 AM
Ramjade
post May 13 2017, 08:36 AM

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QUOTE(elea88 @ May 13 2017, 08:31 AM)
keong hong.. i hv not yet to analyse. But i saw that most STOCKSCAFE members hv this stock and most in red. so, they must've collected around last year or so.. base on the chart its now downtrending.
Have taken a small position in
SGX:AYN - Global Testing (SGD 1.545)
18 May 2017 30 Jun 2017 CapitalDistribution SGD 0.1 6.47%
18 May 2017 30 Jun 2017 OrdinaryDividend SGD 0.1 6.47%
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If want construction, better pick hock lian seng. Bigger than keong hong Give 35% dividend last time. They have enough project to generate money until 2022.

Hock lian seng price drop after ex date. Hock lian seng have debts.
(only small amount)
Keong heong have no debts.

I stay out of construction as SG small country. Space is limited.

Only counter I have related to construction is Tai Sin. Oh yeah elea. Thanks for the tip regarding stockscafe.

This post has been edited by Ramjade: May 13 2017, 08:39 AM
Ramjade
post May 16 2017, 05:56 PM

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QUOTE(Singh_Kalan @ May 16 2017, 05:40 PM)
Only banking is up, the rest of the sector are either idle or down (eg telco, transportation, postal).  Anyway banking has been down for a while due to O&G writedown.
Overall still profit, but it is when compare to other market portfolio (Bursa, US), it is really a laggard.  Going to aggressively reduce my SGX portfolio
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You need to know that US is because of trump. Don't you think it's too late? He haven't even do anything he promise. Yes no market can replicate what the US did (making double digit returns within such short perido)
Regarding bursa. it's because of election is coming.

This post has been edited by Ramjade: May 16 2017, 06:01 PM
Ramjade
post May 17 2017, 02:05 PM

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QUOTE(ThanatosSwiftfire @ May 17 2017, 01:33 PM)
How do u guys deal with the expensive transaction fees?
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We all use SG brokers. Go money changer change RM. Head down to SG and deposit money there. From there buy. You only need to pay broker's comission. No one is going to eat your dividend if you use SG brokers. If you use malaysian broker, they take part of the dividend. One round of dividend (whether it's one quarter/half yearly) more than cover the broker cost.

Save on banking fees/banks's unfavourable forex spread + cheaper brokerage rather than buy from malaysian broker.

None of us buy via malaysian broker.

This post has been edited by Ramjade: May 17 2017, 02:08 PM
Ramjade
post May 17 2017, 03:03 PM

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QUOTE(ThanatosSwiftfire @ May 17 2017, 02:28 PM)
Oh they take part of the dividend? Is it a fixed fee or a %?
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Not sure about this. May differ from broker to broker. Best to check with your broker. The more counter you have the more money kena deducted. (malaysian broker)

If you want to keep 100% of your dividend, dump those malaysian broker and use a SG based broker. Cheaper commision too 0.12-0.18%/SGD10-18 (whichever is higher % or SGD - now more or less all SG broker offering min SGD10 promo) for cash upfront. If you use malaysian broker, pay ~0.4% or more. Not sure what's the min from malaysian broker to buy Singapore stocks.

This post has been edited by Ramjade: May 17 2017, 03:04 PM
Ramjade
post May 17 2017, 10:22 PM

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There could be shopping tomorrow. US market make the biggest drop for the year.

This post has been edited by Ramjade: May 17 2017, 11:02 PM
Ramjade
post May 18 2017, 09:43 AM

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QUOTE(Hansel @ May 18 2017, 09:32 AM)
Bro is RIGHT from last night's predictions,... wahh, bro is good,...

But only blue chips are dropping more than 0.8%, around there... REITs have dropped a bit only, in the region of 0.1% around there,... Manulife went up instead,...
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I learnt that from the UT guys. Asia market follows china and US.

Drop is not significant to do any shopping sad.gif
I need trump to be impeached to really do my shopping.

This post has been edited by Ramjade: May 18 2017, 09:44 AM
Ramjade
post May 18 2017, 09:50 AM

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QUOTE(bearbear @ May 18 2017, 09:48 AM)
singtel divvy remains, 4.7% based on current price
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And people all scared singtel will die...
Ramjade
post May 18 2017, 10:04 AM

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QUOTE(Hansel @ May 18 2017, 09:54 AM)
Hmm,... wasted my time watching this morning,... the ctrs in my holdings did not drop enough for me to buy 'At Mkt Price',...
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No need to watch bro. After quick glance at my shopping list this morning , I know it won't drop further. sad.gif

Need news of impeachment of trump to trigger big sell down.

Thought you are not adding anymore SG counters? hmm.gif
Ramjade
post May 18 2017, 12:53 PM

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QUOTE(simonhtz @ May 18 2017, 10:50 AM)
Huh? Singtel will die...cannot be ler.
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I am being sarcastic. Market sell down because they perceive singtel profit will drop. Singtel is over sold.
Ramjade
post May 23 2017, 09:43 AM

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QUOTE(nikazwa @ May 23 2017, 09:31 AM)
hi guys,

I just wanna ask one question here..can we Malaysian who is residing in Malaysia buy Singapore IPO ? if yes what are the processes ?

TQVM
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I don't know if you are using SG broker or malaysian broker. But with DBS Vickers there's an option there to apply for IPO.

But your account must be linked to CDP directly. Don't think a nominee account can be use to apply for IPO.

This post has been edited by Ramjade: May 23 2017, 09:44 AM
Ramjade
post May 23 2017, 01:52 PM

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QUOTE(nikazwa @ May 23 2017, 01:50 PM)
I am planning to have DBS as my broker because it can save some  cost. I heard Malaysian is not allowed to subscribe Singaporean Ipo unless we get PR status or reside there
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Ask Hansel. He's more expert at this.
Ramjade
post May 23 2017, 07:38 PM

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QUOTE(Hansel @ May 23 2017, 07:27 PM)
Sorry bro,.. I'm not sure,.. I've never subscribed before,...
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I thought last time during kimly ipo, your rm told you don't subscribe to it?
Ramjade
post May 24 2017, 10:15 AM

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nikazwa email or DBS vickers and see. Although I think their customer service is useless. sweat.gif doh.gif
Here is their email: info-sg@dbsvonline.com

elea88 I have just ask Leslie and he said Maybank Kim Eng prefunded cannot buy IPO.
Ramjade
post May 24 2017, 10:45 AM

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QUOTE(Hansel @ May 24 2017, 10:40 AM)
That's right,... so, did not do,... what's the concern, bro ??
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Which means Malaysia can buy IPO from SGX. The question is how? hmm.gif Do we need to buy from ATM or can it be done via online...
Ramjade
post May 25 2017, 12:03 PM

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QUOTE(kart @ May 25 2017, 08:42 AM)
Sorry, I cannot manage to find to your guide on setting up a Singapore address, Hansel.

Can anyone point out the speciific post in this thread? Thank you.  smile.gif
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You can subscribe for rights with maybank ke prefunded. Only no IPO.
Ramjade
post May 25 2017, 03:46 PM

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QUOTE(nikazwa @ May 25 2017, 03:21 PM)
Hi
@Ramjade..what does it means by no Ipo ?
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For prefunded account, you can subscribe to rights issue.
You cannot buy IPO with prefunded account. With cash account, you can buy IPO.
Ramjade
post May 25 2017, 05:11 PM

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QUOTE(nikazwa @ May 25 2017, 05:05 PM)
Hi @ramjade

Can share here your experience buying Singapore Ipo ..
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I have no experience with IPO. I just posted what my remisier told me.

From what I read around SG blogs. you need trading account link with CDP with one of the big 3 to buy IPO.

This blog specialise in writing about IPO. It even mention how to buy IPO. But I think it's more for Singaooreans.
http://singapore-ipos.blogspot.com/2012/08...ares_8.html?m=1


Anyway, I will buy Netlink IPO when it's time. That will be my first SG IPO experience

This post has been edited by Ramjade: May 25 2017, 05:43 PM
Ramjade
post May 25 2017, 11:13 PM

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QUOTE(nikazwa @ May 25 2017, 11:00 PM)
I have to open account first..how much money i have to bring over to singapore ?
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Depends. Maybank Kim Eng cash account is free of charge. But you cannot open Maybank account from SG.
DBS Vickers, UOB Kay Hian, OCBC iTrade all free of charge. But their bank account cost min SGD3000 respectively to maintain (or else kena charge monthly)
Ramjade
post May 26 2017, 11:56 AM

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QUOTE(Hansel @ May 26 2017, 11:52 AM)
Actually u can open just the trading accounts only in SG, and you can TT the funds over to SG for your trading purposes. If you needed to bring back your funds, you need to TT back. Yes, the charges will be slightly higher.

Hence, without SG bank accounts, you can still have access to the SGX... until the day they close this door too,...
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This door will never close.
Reason: other part of the world brokers are doing it. HK, US, UK, AU.
For the above mentioned country, just mail them application form. Even our Malaysian broker are doing the same thing for foreigner. Mail in a completed application form.

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