That means you got 3 unit of TA Global as dividend for every 5 unit of TA held, but not taxable.

Not sure whether I am asking at the right place.

I planning to invest on stock. Currently in Singapore and just open an account with Philips Securities over here. Found that the rate is S$25 per trade. Should I go back to MY and open with OSK or stick with Philips?

This post has been edited by Joshua_0718: Oct 17 2009, 05:16 PM

It's always an advantage to have a broker office near where you are so you can have access to them personally when needed. At least in my opinion.

It's not actually SGD25 per trade as you said, that is just the minimum amount you need to pay or at least 0.33% of transaction value over online transaction.

So if you do trade in amounts where the 0.33% exceeds SGD 25, you pay according to the 0.33% charges. I believe OSK Malaysia charges 0.42% for online charge.

But if you trade in amounts which 0.33% charge is always lower than SGD 25, you will still need to pay at least SGD25 per trade which is the minimum. In this case, it is cheaper to trade via Malaysian brokers which has a much lower minimum charge. Some as low as RM12 per trade.


In my honest opinion, don't bother so much about minimum charges UNLESS you are the type of trader that trades in small volume and wants to profit from very slim spreads like when "Stock A goes up 2 cents then you sell, profiting 2 sens." These type of trading demands minimum commision and charges since you'll be doing it very often and incurring lots of charges.

So try and figure out what kind of investor/trader you are and what kind of system will suit you. If you think you are the kind of trader which trades often in small volume for small profits, then try to get the cheapest broker you can find. But if you are trading in excess of the SGD25 minimum, then don't worry about it, as 0.33% is better than Malaysia's 0.42% for online brokerage.

S$25 or RM62 should be OK if you are trading big. If decided to trade in small lot than that can be a bit expensive. A Malaysian broker you can get as low as RM8.88 with jupiter or a or the standard min of RM40 or you can request for a lower min.. I think you can work out the break even before making a decision.

How do i find out about all the company financial statements?

You can go to Bursa Malaysia website http://www.klse.com.my

Look under Listed Company Announcements and then Annual Reports.

Alright. Thanks.

Thanks Htt !

What is entitlement date and ex date shown in dividend detail ?

Try this thread. its on the 1st page, look under dividend.

SOS

Thanks to both your both feedback. Indeed I am shock to find Malaysia broker is cheaper. And yes, I am trading small.

But my question is, what would be the rate of currency conversion if I am buying SG stock through Malaysia broker? Afraid with all the expensive currency conversion, no point going all this hassle.

Please advise

Ya u can get the statement from www.bursamalaysia.com under the listing menu.
But lots of people get confuse with it and takes time to study the company performance.

If u dun mine paying a little extra. U can buy the stock performance book guide publish by dynaquest.
They simplify and summaries lot of info for you. can easily get from mph book store.

additionally for a cheaper price (less information) you can also buy "Shares investment Malaysian Edition" publish by Pioneers & Leaders (Malaysia) Sdn Bhd ( www.shareinvestment.com)

Thanks Rosdi

hi, beginner here, attended a talk the other day, and wanted to open a MIMB investment trading account if i am not mistaken ( under EON bank ) but prefer to ask which on9 trading broker will be better..

newbie in share,, and wat is the minimum modal needed to trade on9?

I think for newbie the best system is from OSK188 because it provide a good charting facility.
I open my account with CIMB because my good friend work there. It really help to have someone dependable to look at the stock all the time to remind and guide you what to do. As for me I had also given her standing instruction that she can do whatever to protect my account. (She can sell or buy without my instruction.. she only need to tell me ASAP. For more than 15 year she had never failed me...) so I use CIMB and subscribe the OSK188 charting system for RM120 per month (sorry: RM120 for 6 months)

This post has been edited by rosdi1: Oct 20 2009, 02:42 PM

Exchange rate for foreign trading normally follow the banks or brokers rate. Typically lower conversion yield compared to normal conversion rates. You can compare the brokers online website published rates like OSK188 and compare with Star Online newspaper published rates which normally quite close to a typical Money Changer rate.

I really do advise you to get a broker/dealer/remiser assisted account compared to a full fledge online account. Reasons being you are still very new and can get some pointers from the dealer. Although you will pay more per trade compared to a online account, you will at least not be in a position of disadvantage in case you make a 'newbie' mistake. Plus you will have someone to turn to if you need any clarification and help regarding your account status.

Only after you are confident with your own trades and actions then proceed to get a full online account.

Just some friendly advice, as I've read before some newbies made some common mistakes on their online account and panic. Therefore making more mistakes due to rushed and uninformed decisions. Ultimately paying un-needed tuition fee for their own 'newbieness'. No offense intended.

Yeah, sometime we have to value the service provided by broker instead to just just requesting for a lower brokerage fee.

Okay here's a silly question : if I were to buy PBB-Foreign or MISC-Foreign am I entitle for the dividend ?

Can somebody explain what is Durable Competitive Advantage?

Really refreshing to see a fair and objective view of the brokers.Thanks.

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Added on October 20, 2009, 4:25 pmYes.

This post has been edited by lklatmy: Oct 20 2009, 04:25 PM