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 STOCK MARKET DISCUSSION V150

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Yggdrasil
post Feb 3 2019, 01:28 PM

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QUOTE(Hohenheim @ Jan 31 2019, 03:53 PM)
is there any place I can get  latest updated list of malaysia brokerage rate from various brokerage firm?
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Just Google or look up brokerages' individual websites.
Yggdrasil
post Mar 16 2019, 10:25 AM

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QUOTE(DeniseLau @ Mar 16 2019, 01:11 AM)
Guys - I'm a super noob when it comes to stock markets and I have a question, wonder if you guys can help.  sweat.gif

I am just getting started with investing in stocks and I'm trying to learn the processes and procedures etc of trading stocks in Malaysia. I recently bought some Maybank shares on Bursa and today I got a letter for the dividend. Together with the letter was also a notice of the AGM - and I thought that since I have no experience, maybe I should just go to the AGM and see what happens to get a feel for it.

But in that AGM notice, it says:
Only members whose names appear on the Record of Depositors as at 29 March 2019 shall be eligible to attend the AGM or appoint proxy/ies to attend and vote on his/her behalf.

How do I check whether or not I'm in the "Record of Depositors"? If I own the shares as of 29 March 2019, does it mean I'm automatically in the "Record of Depositors"? hmm.gif
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As long as you still hold the stock before 29 March 2019 5:30pm means you are in. It's like a cut off date aka like an ex dividend date.

Let's say AGM is 7 April. The administration team needs to generate a listing of all the shareholders but the shares are still being traded on 6 April. It is impossible for them to prepare in 1 day gap. So they set a cut off date usually 7 days before the AGM date.

This means even if you sold your stock before the AGM but after 29 March 2019, you can still attend.

Have fun at the AGM!

Yggdrasil
post Mar 16 2019, 10:26 AM

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QUOTE(xngjn @ Feb 25 2019, 09:50 PM)
Which forum is specific for malaysian market and is active 1?
I want go study study.
Thank you boss.
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KLSE Screener app has people discussing too. You can take a look.
Yggdrasil
post Mar 27 2019, 10:37 AM

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QUOTE(ZeaXG @ Mar 27 2019, 09:56 AM)
Hi everyone. I have a question for which answer I can't seem to find online.

If a Malaysian listed company is privatised, do I have the choice of not taking up the privatisation offer and just conitnue holding the shares of the private company?
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Major shareholder decides. When they take it private, usually the major shareholder will already have more than 75% of total shareholdings. They then propose to buy the remainder at a determined price. Small shareholders of the stock will have their shares bought over by the major shareholder and compensated. This amount will be credited to their respective bank accounts like a dividend.

However the case can be more complex than it is. An example of a public company that went private is OLDTOWN. You can look at the comments at https://klse.i3investor.com/m/stock/overview/5201.jsp
Yggdrasil
post Mar 27 2019, 11:54 AM

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QUOTE(chickenessence @ Mar 26 2019, 11:36 PM)
hi,
i remember someone just asked somewhere in this forum on how to check who and which company are the major stockholder? but i couldnt find it..
Can anyone guide me on this again?
Thanks.
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You can find substantial shareholders (own >5% share capital) in the annual report. Top 30 shareholders is also in there. However, these are only as at the reporting date.
Yggdrasil
post Apr 19 2019, 12:03 AM

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QUOTE(Alone @ Apr 18 2019, 10:27 PM)
Hi every sifus here

I'm planning on trading Asian stocks. But first I need to do my research, so I'm looking for some info to help me narrow down on where I need to look because..... Asia is dam big. lol

Which Asian country's stocks is volatile enough so I can do short term trades?
Is there a stock database for me to look for a specific company's info?
Which broker should I consider?

If you can let me know this, then I can start researching.

Thank you!!
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You sound really inexperienced. Short term trades are not for people with small capital. One transaction alone can incur high fees that will eat up whatever profit you earned in that short duration of time.

Maybe you can start with Malaysian stocks first. Penny stocks are extremely volatile with many people speculating hoping to 'goreng' it to earn a profit.
Yggdrasil
post Apr 19 2019, 10:10 AM

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QUOTE(Alone @ Apr 19 2019, 09:52 AM)
Malaysian stocks are too calm for me, since I have traded US stocks before, and I am spoiled for volatility.
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What's your definition of volatility? Penny stocks are volatile. A RM0.20 stock increase to RM0.21 is a 5% increase. Contrast this with stock worth RM10 which increase to RM10.01. which is a 0.1% increase.

I'm saying since you like speculating and short term, you can start using Malaysian penny stocks like IRIS. Alternatively, you can invest in indexes that try to profit from volatility like VIX.
Yggdrasil
post Apr 20 2019, 02:32 AM

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QUOTE(Alone @ Apr 19 2019, 11:52 PM)
yeah... well chicken and egg basically, low volatility can also be manipulated to make a lot of people lose a lot of money if they short, so they don't allow shorting.

I wonder how's those 280 stocks that was allowed to be shorted are doing...
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More like the government don't want people to short because it will depress the market further. Even if shorting is allowed, it's for day only.
Yggdrasil
post Apr 22 2019, 01:07 PM

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QUOTE(Boomwick @ Apr 20 2019, 01:39 PM)
Can iwcity go back rm3 if bandar malaysia revive?
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Don't think so. The fundamentals is pretty bad to me.
Even with the project, I doubt it can turn around
Yggdrasil
post Apr 22 2019, 10:49 PM

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QUOTE(djhenry91 @ Apr 22 2019, 09:02 PM)
haha..esok limit down?
goreng due tht old picture spread and speculation around telegram groups... and cakap got the BM project? laugh die me
ekovest 3 round of limit up and iwcity 9am open sudah limit up..
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You gorenging? Looks tempting but risky since already shooting up.
Yggdrasil
post May 4 2019, 01:19 AM

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QUOTE(cse.my @ Apr 29 2019, 03:29 PM)
Any app or web i can play shares virtually or just for traning for noob. Bursa marketplace not working.
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I believe TD Ameritrade has a platform for virtual reading. Not sure if it's limited to US market or not. Haven't tried.
Yggdrasil
post May 4 2019, 01:20 AM

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QUOTE(eddie2020 @ May 3 2019, 10:21 PM)
Btw, anyone tried bought share then get suspended (the company) what happen next?
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Should be nothing happen since there's no match between buy and sell. Your order will probably be expired.
Yggdrasil
post May 6 2019, 06:56 PM

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QUOTE(eddie2020 @ May 6 2019, 05:48 PM)
ya, any early symptom before they get delisted or suspended?
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I don't understand what you're referring to. Are you referring to suspension from trading or delisting?

Suspension is due to material information being released. The stock exchange wants to give time for investors to make proper decision before buying or trading i.e. Analysts need time to perform calculations for decision making.

Delisting is taking it off the stock market. It not necessarily means bankrupt. Delisting can also mean privatisation.
Yggdrasil
post May 8 2019, 08:35 PM

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QUOTE(eddie2020 @ May 8 2019, 04:23 PM)
i mean are we able to know before they going to be suspended or delisted soon?
Btw, if company delisted our stock mean will be total lost rite?
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Suspension and delisting is 2 different thing.
Suspension is usually material announcement, share price hits limit up/down etc.

Delisting in simple terms is to cease from being on Malaysian stock market (cannot be traded).
There are a few criterias that public companies have to meet in order to remain listed (research your own).
If delisted because not making money, then total loss. Usually it will be taken private.
But if a company is taken private when it's profitable, then the majority shareholder will buy the remaining shares from other minority shareholders at a price.

QUOTE(eddie2020 @ May 8 2019, 04:23 PM)
Aside from that, wanna ask abit on dividend.
For example

Entitlement Details:
Third Income Distribution of 2.58 sen per unit (of which 2.08 sen per unitis taxable, 0.47 sen per unit is non-taxable and 0.03 sen per unit is taxexempt) for the third quarter ended 31 March 2019.

We will receive 2.58cent per share? Or they will give only 0.5cent(0.47+0.03)?
Abit confused, i am new with this kinda stuff..

Some company declare dividend i didnt see they put these taxable etc, but some have... so i feel confused
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Take IGB REIT dividend statement for example:

Taxable income: RM5,073.60
Malaysian Tax Withheld: RM507.36
Non-taxable income/Non-deductible expenses: RM169.12
Net payable: RM4,735.36

The net dividend credited to the investor's bank is RM4,735.36 (Taxable income - Malaysian Tax Withheld + Non-taxable income/Non-deductible expenses)

EDIT: I just checked IGB REIT's announcement and noticed there was no mention of withholding tax. So I cannot draw a conclusion on SUNREIT.
EDIT2: Cherroy is correct.

This post has been edited by Yggdrasil: May 8 2019, 08:47 PM
Yggdrasil
post May 30 2019, 08:11 PM

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QUOTE(oOoproz @ May 30 2019, 05:00 PM)
Anyone knows why today's market become so green suddenly? Any insider share lai  brows.gif
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Well, because TM went up and it's part of the index.
Yggdrasil
post Jun 3 2019, 11:33 AM

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QUOTE(taufu @ Jun 3 2019, 11:17 AM)
hi all, if there's an announcement to issue bonus share: 2 units for every 100 owned.
How would it be when I'm having odd lots? for example, i owning 1080 units, by calculation it is 21.6 units, would they deposit 21 units or 22 units?
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Not sure but 1 unit of a stock is so negligible that you shouldn't even be asking unless it's a stock like NESTLE.
Yggdrasil
post Jun 4 2019, 09:00 AM

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QUOTE(moosset @ Jun 4 2019, 06:19 AM)
how would the US-China trade war affect KLSE?
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If it causes a recession then all economies will be affected. The question is to what extent.

QUOTE(moosset @ Jun 4 2019, 06:19 AM)
so news said we are war-trade haven, so it's a good time to invest in KLSE?
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Now most companies reporting bad earnings. Be careful not to buy into a potential PN17 company.
Yggdrasil
post Jun 7 2019, 09:18 PM

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QUOTE(taufu @ Jun 7 2019, 08:51 PM)
Thanks, just dont like to see my portfolio having some odd lots remain unsold and stays there forever so trying to make up to round figure.
Speaking of which, i assume the transaction rate in odd lot board is extremely low though...
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If I'm not mistaken, you pay around RM5 more for an odd lot transaction but usually the brokerage firm will advice you to transact together with non-odd lots, i.e. sell 1833 shares instead of just 33 shares.

The brokerage firm will accumulate odd lots from other people to make it a whole 100 shares then they sell.
Yggdrasil
post Jul 2 2019, 04:58 PM

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QUOTE(~Curious~ @ Jul 2 2019, 02:38 PM)
I always tot ACE market is like for small companies lol...
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Yes small companies but as they are not in Main Market, they do not have to comply with stricter regulatory requirements. So there is a risk of hanky panky reporting
Yggdrasil
post Jul 11 2019, 11:00 PM

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QUOTE(Asus @ Jul 11 2019, 10:51 PM)
hi guys, i got dumb question here..

if let say i wanna buy share before market open, and let say yesterday closing price was 0.50sen

and if i wanna trade the next day and rumors has it going to be up and the TO also is green in the early trade, if i key in 0.60sen, and when market open the price is at 0.55sen and best buy price is only at 0.55sen, will my trade match at 0.55sen or it will wait at 0.60sen..

so lazy wanna change2 price everytime..
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Depends on volume and how many people selling.
Let's say you key in to buy 10,000 units @ RM0.60.
It opens at RM0.55 (4,000 units), RM0.58 (7,000 units) and RM0.60 (10,000 units).

Your order is above the lowest ask price so it will be matched immediately. It will match 4,000 units @ RM0.55 and 6,000 units @ RM0.58 but will never touch RM0.60 because your order is already filled. This will also drive the price up to RM0.58.

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