As the STI dives further,........... I tell my heart,... patience, patience,...steady, steady,...

Yeah,...still watching, watching,...

Your transaction would return you a gross take-back of 0.21 SGD x 20 x 100 = 420 SGD.

Starting from 2015 : 1 lot = 100 shares only.

If you are still referring to 1 lot as carrying 1000 shares, then your gross take-back would be 4200 SGD.

Subsequently, you would need to minus out the following charges from your transaction :-

1) Brokerage Charge. Since your transaction amt is not big, the minimum brokerage would be imposed, generally = 25 SGD.

2) Clearing and Misc Fees (can't remember the name of the third one), in your case, would not be more than, say about 3 SGD.

Hence, your net take-back would be 420 SGD - (25 SGD + 3 SGD) = 392 SGD.

If your 1 lot = 1000 shares, then your net take-back would be 4200 SGD - (25 SGD + 3 SGD) = 4172 SGD.

Hope the above helps,....

If you don't mind,...what is the name of the counter ?

Thank you, yck,.. yes, you are right in our posting !

I've been using DBSV, the minimum brokerage charge is now at SGD12 till year-end. If I transact in values of SGD 6K and above, using Stanchart (at 0.2% brokerage fee) or not does not matter to me anymore. My transactions are normally above 6K.

Yes - GST Charges. Forgot abt all this...

As we approach the day-of-reckoning for the US Feds rate hike, watch the counters' movements closely. First salvo of shells should be fired soon....

Hi Av,... not that keen for Singtel, sorry.

Fired my first salvo today for Frasers Centrepoint Trust at $1.870 per share.Decided not to waut till next week for the theory of all events have been priced in may hold true this time. If it is, then if Ms Yellen does increase rate next Wed morning, then FCT may not drop further. BUt if Ms Yellen does NOT increase rate next week, then FCT may rise, for which I may miss the chance to buy.

At any rate, at the current yield of 7.70%, if the DPU is reduced due to any reason and the yield drops, even if it drops by 1.00%, I can still live with 6.70%.

Subsequently, if the price drops to compensate for the yield drop, I will continue to hold this counter for I believe in its fundamentals. I will average down if this counter continues to fulfill my investment strategies.

Watching the other counters in my radar now.

Hi Vector,.. thank you for pointing this out. Yes, you are right,... some errors with my calc's earlier. But it's still okay if the yield is at 6.2%. If you look at the DPU since 2006 till 2014, it has grown with a CAGR of 8%.

Edited to change the above definition.

This post has been edited by Hansel: Dec 8 2015, 10:44 PM

yck and Vector,... the dividends.sg website is ridiculous........I got caught too, we need to refer to the actual corporate actions report and total up each dividend payout for the year to get the actual total.

THAT WEBSITE IS REALLY 'SHITTY', pardon the expression,...

Hi,...yeah, am watching FCT closely,... coming week is finally the week for the US rate hike,... the time has finally come. Buy if there is any knee-jerk reactions from the rate hike on the coming Thursday morning.

For me,...I am also watching closely Keppel Corp, OCBC Bank and the Mandarin Oriental Hotel (price quoted in the USD, dividend given out in the USD).

Well,...Sgp is a work-day today. So, it should be normal for us, whether we are in Penang or in Selangor.

First REIT called for an EGM to talk about the 'SHS hospital and plot exchange' arrangement ! This will be a good time for unitholders to query about the 'shifting' of First REIT to Jakarta.... for unitholders who are still holding,...

Yes, steady, steady,... hold your fire,....

First Day of Fed Mtg starting tonight,.... watch the news closely,.....

Today is not a good day. If a knee-kerk reaction happens tomorrow, then that would be time to enter partially. Otherwise, we will wait for a bad news to come on any day immediately after the rate hike, which is sure to come, then we enter further.

The Fed increased interest rate by 0.25 basis points. BUT,........the Dow, S&P and Nasdaq don't seem to be heading for the red ???????

Ms Yellen's press statement starts in 1 minute ! Let's see how fast she 'intends' to raise the interest rate !

Ms Yellen said that although the inflation rate has not reached 2% yet, but she and her committee has confidence that the US economy will achieve that in the short term. Nevertheless, further rate rises will still be data-dependant.

In short, the committee agrees and sees that the US economy WILL IMPROVE. With this, the 3 main indices are rising as we speak.

The USD keeps weakening against the SGD and the MYR.

The MYR has somewhat strengthened against the SGD.

That's right - let's see how the mkt opens. The three main indices closed strongly, up,... early this morning. But I saw too that the futures are red now,...