Capital A Berhad /AirAsia (5099), Asia's largest LCC group
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 May 30 2019, 10:35 AM
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#1
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Junior Member
100 posts Joined: Jul 2009 From: PJ, Selangor  
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Hello, new to all this. My friend asked me to take advantage of the 90c share thing, but i cant seem to make sense of it. How he explains it is, you can buy right on 30 June, then sell off on 1st August and you will get the dividend. Is that true? What if a millionaire jumps in on 30 June, then get dividend and ciao? Can help me make sense of this. Thanks guys.
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May 30 2019, 11:14 AM
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#2
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Junior Member
100 posts Joined: Jul 2009 From: PJ, Selangor
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QUOTE(Boon3 @ May 30 2019, 10:41 AM) You won't get the whole 90 sen. Amazing reply, you've made complete sense to me for the scenario. Thank you guru! And thanks guys for explaining more.Once the stock goes ex dividend, the share price will deduct 90 sen from its last traded price the following trading day. Eg Stock price b4 ex = 3.10 After ex. date, the share will be adjusted 3.10 - 0.90 = 2.20 So after this, count your buy price... Got make money? If you cannot understand this, my kind advice to you is save your money. Don't play stocks...  |
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May 30 2019, 11:48 AM
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#3
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Junior Member
100 posts Joined: Jul 2009 From: PJ, Selangor
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QUOTE(Boon3 @ May 30 2019, 11:42 AM) You are welcome. Sorry my reply was a bit blunt. Too many newbies thinks that the stock market is an atm machine, in which they have the divine rights to take money anyhow, anytime.... That's exactly why I posted here first, I knew it sounded way too good to be true. And don't worry, bluntness works best. If ever I wanna do this seriously, I'll have to research even more. |
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