U can sell or wait until the date of maturity to exercise the warrant (top up cash to get new mother share).

A warrant being an option is a leveraged instrument of the underlying mother share. Meaning it's value can go up or down at a higher % than the mother. There is actually a math option formula on what's the actual value of the warrant at certain point in time. However, this WA type of warrants is a company warrant without market makers (unlike C n H warrants), so the value sometimes doesnt follow theory one. There is also time decay to be aware off. An option losses value over time.

Are we following the American warrant or the European warrant?

I thought a warrant is a derivative that give the right, but not the obligation, to buy or sell a security at a certain price before expiration? What if I don't want to buy the underlying security? To be honest, I want to get rid of those stocks ASAP, so I don't think I want to buy more of the underlying security (unless I want to gamble).

U have to read the disclosure.. Company warrants can be both types. At the maturity period, if u don't exercise n u don't already sell, u burn lar. But if it's out of the money at maturity, it's burn already.

I never exercise one before, always sell on market way before. .

This post has been edited by Cubalagi: Oct 4 2019, 10:15 PM

one warrant's name is xxxxxx 2018/2021, the other is 2018/2023, meaning their expire 2021 and 2023 respectively?
I don't know where to check their info other than on the trading platform.

and how do you exercise a warrant? Is it through the platform? I only see the buy/sell button.

Warrant full term is in a document called a deed poll. Maybe need to go bursa website for announcement. If u tell me the stock maybe I can look for u.

Exercise method, I think it's like a Drip subscription. Pretty manual process. U should check with the IR department.

so with the latest "foreigners allow to buy property from 600k and above" instead of 1mil, it's time for property stock like MahSing, SPSetia, Eco??



it's ok, thanks. There's no hope for those stocks so I'll just sell them.

Construction stocks should be in play too

Question is which one?

https://www.thestar.com.my/business/busines...er-by-the-dozen

Property company index near 10 year low.

This post has been edited by Cubalagi: Oct 13 2019, 01:27 PM

as a M'sian resident, for US stocks, definitely 30% tax dividend? no way around this?

what about SG resident? Is the tax lower?

Should be the same.

But why want to go US for dividend stocks, there are many choices in this part of the world already.

I'm thinking of buying their high dividend ETF, like SPYD etc.

what about other countries? for HK, Tokyo, Shanghai stock exchange, what are the tax rates?

SPYD has lousy performance compared to core S&P500 etfs. But with US market close to all time high, if want to buy n hold, I rather wait.

Btw there is a decent Vanguard S&P500 ETF isted in HKEX (3140).

HK has no WHT except for Chinese stocks listed there which is 10%, Japan has WHT I think 20%. Shanghai is as the HK listed Chinese stocks but the market is hard to access anyway. Best way to access Shanghai is via ETFs listed in HK or US.

This post has been edited by Cubalagi: Oct 14 2019, 09:23 PM

for core S&P500, I'd like to wait but, what if there's no recession in the next 2 years?

for the high dividend ETF, I'd like to buy because it can sustain during the recession, if it comes.

I guess the liquidity is not as good as the one in NYSE?

I'm searching for other ETFs other than S&P500. Would like to diversify outside US, that's why looking at Nikkei225 or HangSengIndex or SSE composite.

hrmm..can anyone elaborate on d differences between rakuten trade and mplus?
- ive checked both, d brokerage fees for cash upfront account is RM7.00, sounds like up the alley of a newbie small fry like me..
- i'd prolly only need to trade less than RM5k a transaction.
- i mainly communicate in English so the education links at m+ seem more attractive

For the HKEX Vanguard S&P500, unless you are trading millions of USD, liquidity should be pretty good.

On SPYD, it doesn't have a recession track record yet, but I looked at another dividend ETF which has and that's SDY. SDY fell more than 50% in 2008/2009 recession and that's nearly the same as S&P500. So I wouldn't put too much hope on dividend ETF to sustain in recession. Add in witholding taxes, it's not great value proposition, at least to me.

A US equity ETF that I really like is the Vanguard VTI, you can check that out.

U will be spoilt for choices. But I think what is more important is to diversify across asset classes, not just geography.

As for me, for my current portfolio size, Bursa, SGX and HKEX are good enough playground.

This was discussed extensively in this forum. I think the conclusion was M+ is better.

On Rakuten, the nice thing about Rakuten is completely online account opening. M+ u still need to drop by their branch. Second is the RT points that can convert to AirAsia etc. The not nice part about Rakuten is that it's a nominee account., which means can't apply for IPOs n attend Agms.

M+ seem to have many seminars and training.

er.. SPY is S&P500 ETF leh, NOT "dividend aristocrats"

NOBL on the other hand is the ETF for dividend aristocrats https://finance.yahoo.com/quote/Nobl?ltr=1
What are dividend aristocrats? companies that have been paying out:
1. yearly INCREASING dividends
2. for at least 25 years
3. fail even once to increase or pay out.. out U go from the list

some of the companies in that category are:
KO
3M
MCD
XOM
CVX
O

He was talking about SPYD, not SPY.

but with VTI, the index can only go up when the global economy is doing well, no?

if some countries are having a recession, and some are not, then the index won't move much, since it's global?


Thanks! I'll have a look!

VTI is US total stock market, not the world stock market. It has 3600 US large, mid n small cap socks as opposed to 500 large cap only S&P500.