The calm before the storm. After ge15, Bnm will either rise rate or allow RM to depreciate further. Either will have negative impact on plc income and consumer spending.

Rate rise impact will be sooner as well as recovery. Depreciated RM will reduce consumers purchasing power longer. More tax collection will tighten market liquidity further.

This post has been edited by icemanfx: Oct 28 2022, 11:25 AM

phewwww. was lucky not to be trapped in US/HK/China stocks

so i guess ur in indonesia saudi arabia stock exchange then

cash

Which platform could trade the above counters?

Anyone know how to buy H shares listed in HKSE?

Most Malaysian brokers who offer global trading can do..but brokerage is pricey a bit la..

U can buy a Saudi market ETF and Indonesia market ETF

Hi sifus, anyone can help me on why there is a huge drop for LITRAK share prices? I read the news they are doing some ex-dividend procedure but not really sure about that whole understanding. Thanks!

private placement is bad for investor???

https://www.theedgemarkets.com/article/seco...-bank-financing

Ex price after big special dividend, part of the Company's privatisation/delisting exercise.

Ah okay, I just received a huge sum of dividends from them. Thou I am not sure its a good or bad thing since they are going to delist themselves out of Bursa. Is there any reason left to hold on to my remaining stocks quantity?

Immediate or short term wise, it has dilution effect.
But if the money raised is put on good use to improve company earning in long term future which is able to offset the dilution, then it is good for company prospect.
Axreit has been done many time private placement in the past and historically had good effect to improve earning and dividend level.

The key of private placement or any type of fund raising exercise like right issue etc is whether company earning will grow in the future.

Sorry..i havent looked at the numbers to determine that.

As in the news, they are not going to retain the listing status, so left is the capital repayment to finalise the delisting process.

If there is no further change in the plan of delisting, your option
a) If wish to get the capital repayment, then wait for it.
b) If not, just dispose the share in the market.

No worries Sifu, thanks for the explanation cause this is the first time i ever faced this situation before. Nearly got a heart attack when seeing the biggest dip (asides from Crypto) in my life

Noted with thanks sifu! Question: Capital Repayment value dependent on the initial stock value purchase (meaning the first time price i bought) or its currently based on the latest price value (which is after the dip)?

PS: Okay I just read based on this article, Capital Repayment is 0.56 MYR per share...Well guess I just wait through it then for the chump change

(Link: https://www.theedgemarkets.com/article/litr...ex-date-nov-10)

This post has been edited by CODDarkKnightDk: Nov 17 2022, 12:13 PM

no window dressing ka today lul

lmao DNEX limit down

Recived an update on SCB Smart Stocks to trade on 12 exchanges.
It says zero online brokerage rates before 31 Dec 2022 and no account opening fees.