You guys must have consumed lots of Nescafe and Maggi noodles in the past 3 months

In yesterday's conference call, CFO of Nestle says coffee and other products sold quite well in Malaysia, but the opposite in Phillipines.
You can read the full transcipt of yesterday's call here: https://seekingalpha.com/article/4502689-ne...call-transcript

JNJ makes medicine and medical products, not soap and toilet paper leh 

You mean Proctor and Gamble...

REITs now also very hot... just notice even my Malaysian REITs some of them started giving returns.
SG ones going up even more.

for utilities, medical or consumer staples (defensive types) go for IUUS, IUHC, IUCS etf (US related). Low cost and no need pening.

Is REIT generally good in particular? I thought REITs only good because they pay steady dividend.

Yes correct. For retiree can treat those dividends like your monthly salary when you are in your working years.

Pretty sure we'll bailed out before it does. but from now to retire still quite a long way. So i believed it's better to invest in growth stock. But i do keep a portion of my portfolio (currently still large portion) at Bursa on Maybank, and some other dividend stock. If, for whatever reason at least those money is easily cash out and transfer to your bank than to wait for IBKR. Can IBKR Transfer to Local bank using Wise?

Anyone got pissed by their Trading Options Permission? i got stuck with this

"The financial information, investment experience and/or investment objectives you have listed in your account profile do not meet the eligibility requirements to trade Options."

It seems Carlsberg and Maersk stock are available on Frankfurt stock exchange. Not sure it is a Europe depository stock of ADR equivalent.

Thanks for informing. Upon some further study, I found 119 entries with the exact same ISIN number for Maersk's B shares with my Reuters Eikon. It seems like you can buy these stocks on multiple exchanges.

The annual report of of both Carlsberg and Maersk, however, do not mention so many exchange venues. They only refer to the parent organization's listing venue, i.e. Copenhagen.

My guess is while Chi-X and BATS Europe may offer some liquidity, this may not be the case for say, Vienna Borse. Can ask dwRK for confirmation. 

*Unzip to get the Excel file.

Sorry, my apologies. Though you can buy NOVO-B on Nasdaq Copenhagen, you can't do so via IB. IB just don't provide service for Denmark onshore securities.

Level 3 ADR should be fine. It's officially listed on an exchange, so there should be liquidity over a pure OTC level 1 unlisted ADR.

If in doubt, have a look at the premium-discount chart provided by Deutsche Bank here: https://www.adr.db.com/drwebrebrand/dr-univ...m-discount-data

NVO on NYSE should trade closely with its NOVO-B parent share back in Copanhagen. The chart should provide you some comfort.

Last thing to note is: Novo-Nordisk, like Roche, has a dual-class share structure where the founder owns 70-80% of voting rights while the rest of us can only have the remaining 20-30% voting powers despite we (not the founding family) provide 70-80% of the share capital, and the founding family only provide 20-30% of the capital. So there is corporate governance risk to bear.

You can read it here: https://www.novonordisk.com/investors/share...-structure.html

Indeed, ya that is what I found too in the Excel file earlier for Maersk. Seems like the same shares can be traded in multiple European exchanges. But it seems "unofficial business" for the companies like Novo, which never mention any other exchanges apart from the Copenhagen exchange.

I see. So, is there a pan-European exchange agreement or something? I have not heard of any. Xetra just seems unrelated to Nasdaq OMX. I am not aware of any cross-exchange "agreement" between the 2.

Also, no mention of possible alternative exchange avenues are mentioned in Carlsberg and Maersk's official annual report.

I know you are a coffee lover dwRK, here's something for you.

Need Sifu to comment on whether Wise cross border account can be used for Danish tax authorities to transfer payment.

Did you try accessing the digital portal? I can't access the link: https://skat.dk/data.aspx?oid=2246531&lang=us

Maybe HK internet ban lol

Can you show a screenshot of the immediate page when you click on the link, just for reference?

lol I mean the "Open digital form used for claiming refund of Danish dividend tax" link on that page. Try click on that and see.

dwRK Just curious, do you hold any "sin" stocks like tobacco, defense, gaming counters etc.?

lol I was referring to gaming stocks as in casino/gambling, not PC/mobile gaming.

But never mind, I got your point.