i think for transaction is 4.1 * 100, for 1000 is old unit use. many ppl stil llike to use 1000 as there standard
Stock Market In Malaysia V7
Stock Market In Malaysia V7
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Nov 22 2007, 12:19 PM
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Junior Member
39 posts Joined: Dec 2004 |
i think for transaction is 4.1 * 100, for 1000 is old unit use. many ppl stil llike to use 1000 as there standard
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Nov 22 2007, 12:21 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
checking back my portfolio, looks like HK CW is reviving only
other local shares are still in red, too bad |
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Nov 22 2007, 12:34 PM
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Newbie
3 posts Joined: Nov 2007 |
(my understanding is 1 lot = 1000 shares)
cause i heard the rule changed few years back which is *100. i am confuse. so, if i wana buy 1 lot of proton at rm 4.10, so is it rm 4100 i need to pay ? or else ? lastly, what is the minimun quantity to buy a share? pls help |
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Nov 22 2007, 12:37 PM
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Junior Member
406 posts Joined: Oct 2007 |
Min Qty is 100 shares. Why not communicate with your remisier you wanna buy '100 shares' or '1000 shares'? Dats bcos 'lot' is very misleading. You are right dat 1 lot is supposed to be 100 shares. But lotsa ppl are still using 1 lot = 1000 shares 'cos it is still widely accepted.
Added on November 22, 2007, 12:38 pmOn top of the 4,100 you need to pay for Proton shares, you will also need to pay for brokerage, clearing house fees and stamp duty. This post has been edited by Ninjitsu: Nov 22 2007, 12:38 PM |
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Nov 22 2007, 12:42 PM
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Senior Member
2,013 posts Joined: Aug 2007 From: USJ |
Yes, always better to state how many shares, don't say lots, ppl have different understanding.
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Nov 22 2007, 12:43 PM
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Newbie
3 posts Joined: Nov 2007 |
Thanks Ninjitsu.
You given me the concept now. so, this also mean the exact figure of 1 lot is * 100. so, how about minimun quantity ? 100 shares (which also mean 1 lot)? or can i buy 50 shares? Thanks Ninjitsu. |
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Nov 22 2007, 12:45 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
QUOTE(stella 1 @ Nov 22 2007, 12:34 PM) (my understanding is 1 lot = 1000 shares) you need to pay:cause i heard the rule changed few years back which is *100. i am confuse. so, if i wana buy 1 lot of proton at rm 4.10, so is it rm 4100 i need to pay ? or else ? lastly, what is the minimun quantity to buy a share? pls help proton shares : 4100.00 brokerage rate : 24.60 (assuming it is 0.6%) clearing fees : 1.64 stamp duty : 5.00 total would be RM 4131.24 |
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Nov 22 2007, 12:46 PM
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Junior Member
406 posts Joined: Oct 2007 |
QUOTE(stella 1 @ Nov 22 2007, 12:43 PM) Thanks Ninjitsu. Nope, min. to buy/sell is 100 shares. Unlike US, min. is 1 share.You given me the concept now. so, this also mean the exact figure of 1 lot is * 100. so, how about minimun quantity ? 100 shares (which also mean 1 lot)? or can i buy 50 shares? Thanks Ninjitsu. |
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Nov 22 2007, 12:47 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
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Nov 22 2007, 12:48 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
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Nov 22 2007, 12:50 PM
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Senior Member
566 posts Joined: Sep 2005 From: Compulsive Disorder Land |
Anybody have news on TWSCORP? They are taking it private is it? Will it be delisted?
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Nov 22 2007, 12:51 PM
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Junior Member
462 posts Joined: Feb 2007 |
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Nov 22 2007, 12:53 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
yeah i am looking forward for next week, too
darn we are in the fire over the past 3 weeks everyone of us here deserve a LEVEL UP, as we have succesfully undergo the bumpy november |
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Nov 22 2007, 01:03 PM
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Junior Member
462 posts Joined: Feb 2007 |
QUOTE(panasonic88 @ Nov 22 2007, 12:53 PM) yeah i am looking forward for next week, too yes, definitely. if the market stagnant, investor dont like it. if the stock keep going up, the chart will be very hard to draw and understand. i found out many investor here pretty keen with hk cw, why? is it because want to conver to mother share and enter hk market ? or is the price too convincing?darn we are in the fire over the past 3 weeks everyone of us here deserve a LEVEL UP, as we have succesfully undergo the bumpy november Thanks |
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Nov 22 2007, 01:07 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
QUOTE(a6meister @ Nov 22 2007, 01:03 PM) yes, definitely. if the market stagnant, investor dont like it. if the stock keep going up, the chart will be very hard to draw and understand. i found out many investor here pretty keen with hk cw, why? is it because want to conver to mother share and enter hk market ? or is the price too convincing? i guess, probably is "price is convincing" (few hundred ringgit can deal edy)Thanks but hk cw is like a gambling, not wise to hold for too long once untung, have to cabut already |
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Nov 22 2007, 01:27 PM
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Junior Member
406 posts Joined: Oct 2007 |
Wats the DJIA's futures like?
Can't check. |
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Nov 22 2007, 01:32 PM
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Junior Member
357 posts Joined: May 2006 |
QUOTE(panasonic88 @ Nov 22 2007, 01:07 PM) i guess, probably is "price is convincing" (few hundred ringgit can deal edy) yes, for cw better do intradaybut hk cw is like a gambling, not wise to hold for too long once untung, have to cabut already even contra 3 days also dangerous tonight US market close for Thanksgiving so DJI future not updated. |
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Nov 22 2007, 01:32 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
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Nov 22 2007, 01:34 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
you guys so far bought any goodies?
although most regional markets are up, but not so convincing yet plus i still dunno-wat-to-buy... when you dunno-wat-to-buy, best is DON'T BUY |
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Nov 22 2007, 01:36 PM
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Senior Member
566 posts Joined: Sep 2005 From: Compulsive Disorder Land |
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