Not expert at all, boss....

My and Aus have tax treaty. I think if you want to claim the tax, you can save 15%. But I am not sure about this, or how to do it.

For your case, there is a better possible option. You can research on this option. As you have a child studying there, and if he is >18 years old, he can register a Tax File Number (TFN). As student with visa is a tax-resident, you may be able to use his name to open a trading account. Like Commsec or nabtrade. If the dividend income + wages (if he works part time there) is <$18.2k pa, it is within the zero tax threshold and you may be able to claim back 100% of the franking credit. In that way, you will get 100% returns from declared dividend instead of getting 30% taxed

Here is a link to the brokerage https://www.finder.com.au/cheap-stock-brokerage-in-australia. Can ask your son to ask the brokerage. If successfully open, you can trade online in malaysia

Getting a TFN is also beneficial for the bank accounts which pays interest. If no TFN, interest get taxed right away at 45%+1.5% medicare levy ! That is really steep.

Morning prince and all,...



1) CUP, next dpu payout ard May 15th.. Pays 4x a yr, BUT undergoing restructuring. Hence, be alert. Non-resident yield = 9.5% at today's price.

Will try to do it from memory,... busy with the SGX today,...

I read that their profits are not very good, but the most recent result was held up because of their investments into a business software company called Class Ltd.. Their CEO also said they are now going through a restructuring, and asked the shareholders to be patient.

But the mgmt has also said that they will maintain the dpu for this yr, ie at 2 Cts per quarter.

  Prophet is Aussie,...

YES - Aussie has expensive till today,... since Mr Trump won the presidential elections. Possibly because of the big infrastructure plans that Mr Trump has for the USA, which means there will be more resources in the form of metal, etc needed to build. I can't think of any other reasons.

Which only means, there will still be a long way for the AUD to strengthen against the other currencies of the world (besides the USD), particularly the MYR. 

Today is divvy payout day, the AO and ASX/S&P 200 rose strongly today. I suspect that investors are taking out funds from here to invest into the banking stocks today. CBA reported very good results today. All banks are up today !

The Aussie indices keep going up !

Yes, bro,... paid yesterday,... the REIT's dividend, CMW's was paid yesterday too,....

Prepare for next divvy payout after this,...

Ann't from CUP this morning :-

https://research.nabtrade.com.au/uploadhand...faa75229de4.pdf

Good or bad, bros ??

Link does not work ? Sorry,...

The dps has been halved for the time being,...though unaudited profit increased,...that's the bad news. The restructuring is underway. As mentioned in the article :-

'Profit from Operations before Income Tax of between 5% and 8% for the HY2017. This half year result is after a preliminary provision of $1.1m in relation to the TFS matter and an impairment of $780,000 for an operating subsidiary.'

To me,.. I'm glad I bought low, non-resident yield is at 6.5%, resident yield is at 8.7%.

Continuing to earn the Aussie Dollar at a minimum of 6.5% is okay, paying out 4x a year, for a company that is run by accountants and continuing to earn profit.

Boss,

why the divvy for resident is lower than resident ?

Yeah,.. the way I interpret it is... in the worst case, they would still be able to give out 4 Cts per year,... we need to monitor this ctr closely though,.. one thing I like abt this ctr is the way the accountants run it, they re-act very quickly to save the situation,... they could just find a way to protect the company,...

The divvy for a resident is higher than for a non-resident,...but the resident does not get the divvy into their hands. The resident needs to offset this 'over and above' amount with the taxes that he needs to pay.

Whatever you see declared everywhere is the yield after 'taking out the "over and above" amount'.

Showtime explained it very well the last time,...

Bro,...  .. err,...I think no need to talk too much abt this method in a public forum, lest doors will be closed.

I really don't have confidence that the AUD will weaken,.. last year,.. I waited fro the AUD to weaken, it strengthened further. But I converted quite some amt after that. ... 

Yeah,.. the way I interpret it is... in the worst case, they would still be able to give out 4 Cts per year,... we need to monitor this ctr closely though,.. one thing I like abt this ctr is the way the accountants run it, they re-act very quickly to save the situation,... they could just find a way to protect the company,...

Don't know, bro,... There is an impairment that the management is not sure of. Err,... to me, impairments are very scary word, but perhaps this is where risk-takers can benefit. So,.. I'm thinking I'll just stay and observe on the side first for now.

I just took some positions in Telstra,...

I supposed if you have not bought yet, then, yes, this is a giid time to go in. But limit your bullets for this one,... and watch the restructuring activities closely,.. read the reports at least once every six mths.

I agreed with you, boss.

your analysis is even better than fool.com maybe they overlooked on this point.

thanks.