If all matched, then the transaction is done. I guess Maybank will send you a confirmation slip tomorrow.

so confuse already, citi group fall to near 3 usd pershare that is even worth to buy than maybank, with the p/e now all foreign investor had ran out form klse i suppose.

Yes, that will be a good price to buy. How much today ?

This thread dead?

I need to ask a question here... hope someone could answer me,

I've open the trading account n the cds account, so what's next for me to start trading using M2U?

Can i use my funds in savings account to buy the shares?

or do i have to transfer some funds from my savings account to trading account before i can buy shares?

Not too sure whether you can use your savings account directly. I'm using M2U and will usually just transfer money from my savings account to the trading account.....

if u have a maybank savings account, yes, u can use m2u to transfer it to your trading account..

Yes, you can transfer to your trading account from M2U.

guys, can m2u stock online allow trading odd lots? i kind of lost don't where to place order. pls help. tq

Hey, Just notice there is a link to stock games for Maybank trading.
Are they going to organize a competitions?

It depends on whether the one you open is Nominees Account or CDS Account under your own name.
If you open your account at Dataran Maybank (Bangsar) then most likely your one is not a nominees account.

Nominees account you have to deposit money into the trust account first before you allowed to buy anything. When you sell, the money also will go into your nominees account. You cannot withdraw money from nominess account into your current / savings account using Maybank2u. Must sign a complete a form and send to them via fax or by hand. Usually take 1-2days for the fund to go ito your account. But you enjoy lower brokerage compare to notmal account under your own name.


CDS under your own name, you don't needto bank in money first before start trading. You are allowed to buy first and settle on T+3 up to the trading limit granted to you when you open the account. They will give you an account number to bank in money for your purchase. IF you use Mybank2u to make payment they will charge RM1 transaction fees. When you sell the proceeds will be bank into your maybank account if you have one. This type of account you must open at Dataran Maybank.The brokerage is slightly higher then nominees account.

is it beneficial to invest in the current situation.

Why not ? Many people making money this week.

absolutely agree on wat kb2005 said
everyone also can win in bear and everyone also can lose in bull

I also making some peanut money by selling Genting! If i sell KNM, then it will be another 1.5k! But i decided to keep for another week!

me also make some peabut by selling lcl hehe
i still holding knm at .54 aii far from current price lost bout 20% now for that counter

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Added on April 3, 2009, 10:38 pmanywhere i think talking bout this looks like wrong thread hehe

This post has been edited by mo_meng: Apr 3 2009, 10:38 PM

How come you have 0.54 KNM share ? You must be buying it long long time ago! How many lots you hold ?

ya last yr .. no guts to avg down also haha
100lots only

Just want to know more about Nominees Account and CDS account...

If I transfer 2k into my Nominees account(Premier 1), then the system will allow me to buy 2k of share right.
So when I wish to make the payment to my CDS account, can I use the amount in my Nominees account? Or, I have to use another 2k to pay it?

This thing really confused me...

Thanks for help.

Anyone heard of Jupiter securities?
They also offer online trading.

Their charges are FAR FAR lower if you trade cash or contra.
You can earn with just 1 tick.

I havn't got the time to check it out yet.

https://www.jupiteronline.com.my/jssbecos/

You are allowed to trade 3 times the money you deposit into your Premier 1 a/c. So if you put in 2k, you can buy shares up to 6k.
Let say after you bank in 2k, you purchase share worth 2k and your Premier 1 a/c become zero, you still can buy another 4k of share without deposting again into the Premier 1 a/c.