I have not done too much studies onto GAPACK yet,... I'm only using some infos I acquired from Aus which have heard of this company. HK, being a trading centre, would have great packing companies too,...

'Electricity' is an infra entity, and many countries would view this entity as a strategic asset. If regulations change, or the political environment changes, the effect can be huge, especially for an infra co that has so many assets across international boundaries. You can get just one politician who may not like the company, and you can get an overnight change,...

An eg would be like ERM Power in Aus.

But having mentioned GAPACK,... I still have Public Finance (0626.HK) which pays out dividends two times a year,... with a current yield of 7.12%....

Just wanting to add : Investing in the ASX taught me one more important risk,... the angmohs are very conscious of this risk : it's called Regulatory Risk. In the SGX, our attention to Regulatory Risks are not so obvious,... for our SG Gov't is more 'stable'.

I spent the whole day today forumming,...

This post has been edited by Hansel: Sep 17 2019, 02:58 PM

For me very simple. Company must be making money. Don't care about what politician is in power. Like Mr blondie. Love him for giving me discounts but he's only temporary. Best case scenario and he is going on for another term and then that's it. He have to vacate his seat. Politicians are temporary. Cash making must be permanent.

Hi, I'm a newbie that just opened my fsmone account. Before I start vesting in them, may I know if the following stocks are subjected to dividend withholding tax of 10%?

China Aircraft Leasing Group (HKG 1848)

Bank of China (HKG 3988)

PetroChina (HKG 0857)

Let me try, bro,...

1848.HK : No WHT.

3988.HK : Yes, WHT of 10% imposed. B careful of the dps payout of this ctr - dps trend has been dropping the last few years.

0857.HK : Yes, WHT of 10% imposed. Dividend payout is not stable,... too many Special Dividends over the years,... implying volatility in payout,...


Please correct me if I am wrong in the above,.... I gathered the above from some observations, the best person to know would be someone who holds these shares till Ex-Date.

Thank you for your kind input Hansel!

I see.. I guess HSBC Holdings plc is the better option than Bank Of China due to the WHT.

Too bad I missed out on the lower pricing as I was waiting for my activation code to be mailed to me.

You are welcome, bro,....

Emm,... HSBC has dipped below 60.00 this morning, reaching a low of 59.750 this morning. The boat might be coming back,.... but I can't figure out yet the reason for this pullback,...

If Bank of China pays out a yield of, say 8.15%, then 8.15% - (10% of 8.15%) still gives out a good yield of 7.335%. At the current price of HSBC, the yield is below 7%. So,... coming from this angle, at this current moment, BOC's yield is better than HSBC's.

THere is one major consideration then,.... BOC pays out once a year ! But HSBC pays out 4 times a year !!!!!!!!!!

Maybe the pullback yesterday has to do with the drone attack on Aramco?

The website I use to check BoC's yield stated FY2018 has a div yield of 6.69%, barely hitting 6% after the WHT Is 8.15% the forecasted yield?

Apologies, you are right : 6.67% for BOC now in AASTOCKS.

So,... not worth it,... been checking too many ctrs yesterday and today,...

Spending time with family in Australia now,...

HSBC's outlook got downgraded from stable to negative by Moody's.

http://www.morningstar.co.uk/uk/news/AN_15...d-protests.aspx

Greatview Aseptic Packaging Company Limited (0468.HK)
today drop after div.. drop more than the div.

why u no choose
Hung Hing Printing Group Limited's (HKG:450) ?

also dividend stock.

You don't buy based on yield. You buy based on moats, increasing DPU. GA aseptic is

Hung Hing Printing Group Limited's is just a printing company right? No moat at all.

This post has been edited by Ramjade: Sep 19 2019, 06:05 PM

hi, im newbie here.

wanna ask which platform to recommend for buying the HK stock and IPO ?

Yes - you are right ! This was the news a few days ago that caused the price of 0005.HK to pullback. Today,... it went back up above HKD 60.00,....

Hansel, hsbc's current stock price could most probably supported directly or bouyed indirectly, by the news of a series of share buybacks which HSBC has purchased from LSE for the past one week.

There is no concluded end to the protest yet, and also now that the HK gov had outrightly refused to concede to further demands of the protestors. Protests or riots expected on 1 Oct, China's National Day. There could be opportunity to top up on this stock as HK market is expected to drop. Also no deal Brexit is expected to happen in October.

Depends on what you want. If you want HK alone., FSM SG enough..

If you are planning to buy other market can consider Interacrive Broker

I more of an Interactive broker guy as they are super cheap, and I can have practically access to plenty of markets. I used their whitelabels to avoid paying USD10/month inactivity fee.

Tq bro,...

Just my observations on hsbc,... I saw the listed co in the LSE doing the buyback for the last 2 to 3 months, but 0005.HK still continued to fall. This fall got capped and turned around when HK gov't agreed to officially withdraw that controversial bill. Yhe price rose till,... emm,... 61.xx, I think,... then suddenly reversed and dropped below 60.00 a few days ago.

I couldn't find the reason for this till you showed me that article from Morningstar. I couldn't find any other articles on hsbc, neither could I find any credible news and development from hsbc.

The share buybacks are continuing to take place in London,...

As for Brexit,... I observed this : When PM Johnson was on the verge to be able to pull The UK out of The EU in a no-deal manner, hsbc continued dropping. Then, when the opposing politicians came in to challenge Johnson, hsbc rose a bit. When Johnson wanted to stage a surprise election to ward-off the challengers, hsbc dropped back.

And finally, at current stage : looks like the challengers are able to stave off a surprise election plus gaining ground against Johnson, hsbc continued upwards.

I am of the opinion that when there are chances for The UK to remain inside The EU or at least, delay the exit, hsbc's price will move upwards.

Yes - I am hoping whatever happens on October 1st will press hsbc's price down again,....

How abt Public Finance (0626.HK), bro ?

When i remarked 'a series of share buybacks', HSBC was really buying back its shares very very frequently for the past one week ; without these buybacks I believed the share price could have drop more...

Public Finance is not on my watchlist, as I am more bullish about the big 4s, in the long run, that is. I noted your reservations about Chinese banks and credit bubbles, but imo, the bubble is more applicable to chinese banks which invested heavily outside of China (BRI - belt and road initiatives?). I could be wrong tho, but agreed on the short run, most will get affected including big 4s, but the question would be , which of these chinese banks would be affected the most and which would be able to recover quickly.

Anyway I took a look at PF:

- it pays div twice a year, not 4 times a year which you prefers
- div yield is 7.29% ! Very high but share price currently low at level unseen for the past 5 years at least.
- PF is very HK-centric in its biz focus, i.e. most of its branches in HK, the protests would have affect it comparatively

Can still consider to mark this stock to buy post-October given its deeply discounted price, but with cautions with the current headwinds. That's just my opinion, so do research before you enter

Added : Tq,.. my opinions in red after your paras,...

This post has been edited by Hansel: Sep 21 2019, 10:37 PM

Bros,.. do you guys remembered back in July,... that Deputy Minister made remarks about declaring overseas income, and unfriendly reception if not declared ? Following is the link again :-

https://www.thestar.com.my/news/nation/2019...RIlqZhAqEJPC.99

After much querying from taxpayers, following is the confirmation from LHDN :-

https://www.thestar.com.my/opinion/letters/...--tax-confusion

Just saw the article this morning,...



So, it's all systems go for foreign instrument investors like us,...

Added : To be clearer, for all those of us who have ONLY dividend income, coupon income and capital gain income from overseas instruments, egs here would be from such as HK REITs and Shares, DO NOT NEED to declare them under the SVDP Program.

Persons who have income generated from taxable sources in Malaysia and parked in foreign bank accounts who have yet to declare the income should take the opportunity of the Special Voluntary Disclosure Programme (SVDP) which ends on Sept 30 this year.

This post has been edited by Hansel: Sep 22 2019, 10:53 AM

U guys think that the political risks to HK stocks has abated?