understand! got it!

bought RGTECH at 0.405 for trading purpose.

need a tech stock in the portfolio too, TP anyone?

RGTECH? too many competitor

which company has no competitor? TNB?

study RGTECH do wat 1st..
POS system kan...so many unlisted company do this thing..
can survive or not..

consumer and tech stocks are doing well compare to other sectors, ride the trend.

RGTECH kasi delete..see revenue better if i were u..

and what's the problem with rm13.8m/quarter?

Hi,

I'm about to open up m2u direct cash cds account (my own fund?) and this thread has been very informative so far up to couple pages. But hardly anyone talks or share about losses, so i might have couple dumb question since im very new to share trading. Please bare with me.

1. If im buying 200 share worth of RM0.50/per share = RM100 using my own cash, and couple week later on value of RM0.50/per share drop to RM0.40/per share. So, total value of my own share worth about RM80?

2. If im about to sell share as mention in question 1, i will receive profit of RM80? so my total loss would be RM20?. Since im using my own fund (cash), there will no debt to any party since that money finance by me?

3. Which option much safer for m2u investment? nominee (capable of borrowing money from bank) or direct cash (using own money)? yeah i know quite silly question but im need someone to reassure me XD

Thanks

1) yes
2) yes
3) I would recommend direct cash for beginners. Use funds that you can afford to lose.

1. yes , need to minus off broker fees
2. yes, need to minus off broker fee
3. own money... worst case lost all,,, new bird better don't borrow money to buy share

Can someone confirm with me on this regarding M2U online stock trading account?
I have read somewhere from forums and blogs which states that brokerage fees for cash direct account will be 0.1% or RM8 whichever is higher.

However, upon checking on the M2U website, I have only managed to find 0.42% brokerage fees. Can someone please explain this to me before I decide to open a CDS in Hong Leong?

Thank you!

Yes, the highlighted part is correct

It seems that KLSE Index is showing good upward momentum.

Be fearful when others are greedy. I am thinking the market is being optimistic.

Hey guys, I want to ask about t+3 contra gain+loss. So I am currently using cash upfront account. If I were to buy and sell within t+3, I would not have to pay the stamp duty, broker fees and clearing fees at the end of the day is it? I will just collect or lose the difference between the share price right?

Because only after t+3, my name will be listed on the shareholders list right?

And if what I said above is correct, then why do we need to pay for intraday since it is within t+3?

Intraday is buying and selling same counter regardless of the number of units right?

Even within T+3 buy and sell..those clearing fees, stamp duty and brokerages need to pay.. Just the contra gain or loss its include

The moment you make a transaction, it already appear in the CDS statement, disregard it is intraday or contra within T+3, hence you are the shareholder within the period when you hold the shares.

You will receive dividend as shareholder even your purchase is within T+3, or so called contra period.

Contra period is just the days before you need to pay up the shares to your broker house, or for cashfront account, they do not need to use your cash.

All transaction cost basically are the same across, except for intraday, that most broker houses do offer lower commission rate.

Ohhhh, but I thought cash upfront only can buy using the amount of cash in our account? Because when I make a transaction, they will automatically make the changes in my account. And they will state there the trading limit.

So if it's not cash upfront account, it has to be share margin account to enjoy the benefits of t+3?

Is there a difference in fees if I make a transaction when the market opens or closes? Like before 9am and after 9am. Or this depends on my broker?

I did tried to find info on these, but it made me even more confused. 😣😣

Eg. You have cash upfront 10K, they will provide 10K trading limit.
Once you placed an buy order or transacted of 6K, the system will auto lower down the limit and left with 4K. (so that you won't able to overbuy)

But your cash account actually is still having 10K, and 6K will only debited on T+3.

No transaction will be taken place before and after market closes.
You may key in the order during market off time, but those order will only be executed once KLSE market opens for business.

There is no different when you key in the order, just the earliest you key in the order, you may ahead of queue order wait for execution.