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 Trading stock via maybank2u, let discuss

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thenuts15
post Dec 3 2014, 12:02 PM

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1.) Can we open CDS(Non nominee) with Maybank?

2.) When we do sell shares,let's say 1000 units,we do get paid immediately or we have to wait for buyer?

Thank you.
thenuts15
post Dec 3 2014, 03:57 PM

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QUOTE(felixmask @ Dec 3 2014, 02:10 PM)
1) Yes; there two type branch office. you cant cross open CDS type at different type.

2) When you buy or sell only success when your transaction is match with someone. When buy or sell als T+3 to clear the transaction.
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Is there such thing as we sell shares but nobody bought it?What will happened then?
thenuts15
post Dec 4 2014, 10:11 AM

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QUOTE(felixmask @ Dec 3 2014, 04:03 PM)
Wow...is easy  tongue.gif
try to to sell your House higher price....what happen ?

try to sell your House lower price ...what happen ?
Will you buy House higher price..what happen?

Will you buy House at Lower price what happen?
Answer is
» Click to show Spoiler - click again to hide... «

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So basically selling shares when the price goes up doesnt mean we will get profit(provided that we have included broker fee/tax/etc) unless there are buyer for the share,am I rght?

Assume if we sell on day 1 200shares at the price RM5.00,but we manage only to sell 100shares instead of 200shares,what will be the selling price on day 2 if the price at day 2 is RM4?Will we be selling at day 1 or day 2 price?
thenuts15
post Dec 4 2014, 10:52 AM

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QUOTE(Memories_Fallen @ Dec 4 2014, 10:15 AM)
it depends on how much your profit really is

brokeage for m2u quite cheap, roughly rm19 per transaction, normally if u call remisier need bout rm200 -.-

if u sell today rm5 100 shares, u left 100 shares, u sell tomorrow at rm4

ur profit is rm5 and rm4
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Well conclusion is the risk in stock market is so high taking considerations of many aspects.
Still deciding to enter or not stock market-reason just for the experince for a start =)

usually what is the minimal price different that will make u guys sell the stock?

This post has been edited by thenuts15: Dec 4 2014, 10:52 AM
thenuts15
post Dec 4 2014, 11:07 AM

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QUOTE(Memories_Fallen @ Dec 4 2014, 11:01 AM)
depends, if u urgent need money then quickly sell at a lose

if can hold, after u buy, price drop, sure price will go up

provided your buying a good one la, preferably blue chip, u buy penny stock sure damn risky, anytime biz can go down
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For a start any suggestion what stock to look into?
Likely will go open CDS (Non Nominee)account with maybank tmr evening.....
thenuts15
post Dec 4 2014, 11:33 AM

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QUOTE(sahamniaga @ Dec 4 2014, 11:30 AM)
Better to open a DIRECT CDS account, will receive e-dividend directly, can apply IPO and attend AGM.
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Direct CDS account and CDS(Non nominee) account is the same right?
thenuts15
post Dec 4 2014, 11:46 AM

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QUOTE(felixmask @ Dec 4 2014, 11:36 AM)
No..u need to open at different Maybank Branch (Investment Bank &  Equity Investment Center)
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May i ask what are the differences?

Went to maybak website and searches for Pahang and was given this:

Ground Floor,
Kuantan Chinese Commercial Chamber Industry (KCCCI),
Lot 46 & 47, Section 18,
Jalan Bukit Ubi,
25000 Kuantan,
Pahang

Facilities
Equity Investment Centre
thenuts15
post Dec 4 2014, 11:54 AM

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Any suggestion where i can open Direct CDS Account in Kuantan?


thenuts15
post Dec 4 2014, 12:03 PM

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DIRECT CDS ACCOUNT

Account Name - Under shareholder name (eg Mr Zul)

IPO application - Eligible

Paperwork on corporate exercise (issuance of right issue/bonus/etc.) - Handle by shareholder

Dividend - Send to shareholder or eDividend

Attending Annual General Meeting (AGM) - Eligible

Annual Report - Mail/ Give letter to shareholder

Share transfer - To own or relative account.


NOMINEES ACCOUNT

Account Name - Under Broker/Bank Name (eg CIMB Nominee Tempatan for/Pledged Securities Account for Mr Zul)

IPO application - Not eligible

Paperwork on corporate exercise (issuance of right issue/bonus/etc.) - Handled by Broker/Bank

Dividend - Credited to trust/share account

Attending Annual General Meeting (AGM) - Not Eligible (but can get Broker/Bank to appoint as proxy)

Annual Report - Have to request from Broker/Bank. (but now can easily get the softcopy from Bursa website)

Share transfer - Only to own account.
thenuts15
post Dec 4 2014, 12:04 PM

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QUOTE(thenuts15 @ Dec 4 2014, 12:03 PM)
DIRECT CDS ACCOUNT

Account Name - Under shareholder name (eg Mr Zul)

IPO application - Eligible

Paperwork on corporate exercise (issuance of right issue/bonus/etc.)  - Handle by shareholder

Dividend - Send to shareholder or eDividend

Attending Annual General Meeting (AGM) - Eligible

Annual Report - Mail/ Give letter to shareholder

Share transfer - To own or relative account.
NOMINEES ACCOUNT

Account Name - Under Broker/Bank Name (eg CIMB Nominee Tempatan for/Pledged Securities Account for Mr Zul)

IPO application - Not eligible

Paperwork on corporate exercise (issuance of right issue/bonus/etc.) - Handled by Broker/Bank

Dividend - Credited to trust/share account

Attending Annual General Meeting (AGM) - Not Eligible (but can get Broker/Bank to appoint as proxy)

Annual Report - Have to request from Broker/Bank. (but now can easily get the softcopy from Bursa website)

Share transfer - Only to own account.
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Paperwork on corporate exercise (issuance of right issue/bonus/etc.) - Handle by shareholder
Does it mean everytime i buy or sell shares i need fill in forms?
thenuts15
post Dec 4 2014, 02:06 PM

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QUOTE(felixmask @ Dec 4 2014, 12:40 PM)
BUY/SELL is not a corporate exercise.
contact number for direct CDS acc.
Pls call Maybank Investment Bank for Kuantan branch.
Helpline: 03 2997 8888
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If i do open Direct CDS account,can it be used over Maybank2u to purchase stock and apply IPO?
Does applying new IPO require to fill up forms through Maybank2U?
thenuts15
post Dec 4 2014, 02:17 PM

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QUOTE(felixmask @ Dec 4 2014, 02:09 PM)
Yes, can apply IPO thru maybank2u and NO forms.
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Now it sounds easier.....
so what do they mean the bad side of Direct CDS account is have to remember dates n filling forms and do bank draft?can any1 help to elaborate more on it?
which is the better bank to do online trading?
thenuts15
post Dec 4 2014, 02:49 PM

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