Oh yes. Divided will be paid to foreign share holder as well, if not all the foreign fund will not be buying oledi loo.

osk 188? ok thxs.. hmm, transaction wise? how much do they charge per transaction.. really new in this.. been reading up some details but still haven start because of not enough cash.. dun wanna miss the next bull rally next year

Go to :

http://forum.lowyat.net/topic/659493

u might get help here

Referrinng to the topic : Beginner question on KLSE, General question on stock market .

How do all friends here study the stock market ?
Fundamental ? Technical Chart ? Newspaper ? Or Tips ?
Feel free to feedback. I just like to see hows we malaysian develop when it comes to investing and trading stock

I use the following:
Buy on:
1. Rumors
2. Rumors
3. Technical chart
Sell on:
1. News
2. Technical
3. Need the money

Hahaha. So u r more toward buy the rumors sell the fact la...

Well if ur rumors source are good then no harm la. I believe u will confirm it with the chart , then calculate ur risk and reward..
Good for u Rosdi

Yes you got it...


This post has been edited by rosdi1: Oct 21 2009, 04:48 PM

I'm more of a fundamental investor.

Type : Announcement
Subject : GENTING MALAYSIA BERHAD (“GENM”) (Formerly known as Resorts World Bhd)

SUBSCRIPTION TO FIRST MORTGAGE NOTES IN WYNN LAS VEGAS, LLC AND WYNN LAS VEGAS CAPITAL CORP.

Contents :

For purposes of this announcement, United States Dollar (“US$”) amounts have been translated to Ringgit Malaysia (“RM”), based on an exchange rate of RM3.3675 : US$1.00, representing the middle rate as at 5.00 p.m. on 20 October 2009 as published by Bank Negara Malaysia.

Wynn Resorts, Limited (‘Wynn”), a US leisure and gaming corporation listed on NASDAQ, had on 9 October 2009 announced that its unlisted wholly-owned subsidiaries, Wynn Las Vegas, LLC and Wynn Las Vegas Capital Corp. (collectively, the “Issuers”) will be issuing US$500 million in aggregate principal amount of new 7.875% First Mortgage Notes due 2017 (collectively, the “Notes”).

The Board of Directors of GENM (“Board”) hereby announces that Resorts World Limited, a wholly-owned subsidiary of GENM, had on 20 October 2009 completed the subscription to US$15 million (approximately RM50.51 million) nominal amount of the Notes.

The Notes, issued at a discount of 97.823% of par, were offered by Wynn as part of a private placement of US$500 million in aggregate principal amount of the Notes and the proceeds will be used by Wynn to part settle some of its outstanding debts and for general corporate purposes.

The Notes are secured by a first-priority lien on substantially all of the existing and future assets of the Issuers, and subject to the approval of the Nevada Gaming Commission. The Notes are senior secured obligations of the Issuers, guaranteed by certain of Wynn Las Vegas, LLC’s subsidiaries, which also guarantee Wynn’s other senior indebtedness; and equal in right of payment with, or senior to, all existing or future indebtedness of Wynn and each of its guarantors.

The Notes represent a good opportunity for GENM to expand its investment portfolio and enhance returns on its existing cash balances. With yield returns in excess of 8%, the investment generates an attractive return compared to what is currently attainable in the money markets or in other secured investments regionally, especially within the GENM group's core leisure and hospitality industry.

Further, the Notes are secured against quality gaming and entertainment assets in Las Vegas.

The subscription to the Notes is not expected to have a material impact on the net assets or earnings per share of the GENM group for the financial year ending 31 December 2009.

Wynn is one of the leading casino entertainment providers in the United States, owning and operating two properties located in Las Vegas, Nevada. Wynn also owns and operates Wynn Macau in the Macau Special Administrative Region of the People’s Republic of China. For the financial year ended 31 December 2008, Wynn group recorded net revenues of approximately US$3 billion.

On 9 October 2009, Wynn completed a successful Initial Public Offering for Wynn Macau on the Hong Kong Stock Exchange, raising over US$1.87 billion in new equity.

The subscription to the Notes is prohibited under Paragraph 8.23 of the Listing Requirements ("LR") of Bursa Malaysia Securities Berhad ("Bursa Securities") and Paragraph 2.2 of Practice Note No. 11/2001 of the LR. Accordingly, the approval of Bursa Securities was sought and subsequently obtained on 13 October 2009 for GENM to subscribe to US$15 million nominal amount of the Notes, subject to the condition that GENM releases an announcement to Bursa Securities on the same.

None of the Directors nor major shareholders of GENM or persons connected to them, have any interest, direct or indirect, in the Notes subscription.


For and on behalf of the Board of Directors
TUN MOHAMMED HANIF BIN OMAR
DEPUTY CHAIRMAN
GENTING MALAYSIA BERHAD
(Formerly known as Resorts World Bhd)

http://www.bursamalaysia.com/website/bm/li...ments/index.jsp

This post has been edited by lowyat888: Oct 21 2009, 06:46 PM

Wrong thread fella.

OK good for you. Thanks for the feedback. All the best.

I guess u must be a substantial share holder of PBBank, IOI and QL.

briefly, what do you look at (as to describe 'fundamental investor') before buy/sell a certain counter?

I look at ROE, EPS Growth Rate, D/E, DY and P/E. Also I calculate the company's Intrinsic or Fair Value.

Guys, sorry I am new in stock exchange, I would like to ask, 1 lot is how many unit of share?

What is odd share?

Found my answer, 1 lot = 100 share. I always tot 1 lot = 1000 share.
Went and bought 2 lots and I thought a must to purchase 2000 shares

Lesson learnt

This post has been edited by Joshua_0718: Oct 28 2009, 09:26 AM

old style = 1 lot equal to 1000 shares ; nowadays 1 lot equal to 100 shares

Am wondering, why securities do not have option of how many lots for us to choose? Instead, they let us choose how many units of share to buy only.

???? We do buy in lots, not units..

Huaaa ! I guess u must have a lots of Warren Buffet books. Respect respect

I do have shares in PBBANK and QL. But not IOI..hehe

---

Added on October 29, 2009, 9:21 pmTo say alot..not really lar..I only have one book on Warren Buffet, The Warren Buffet Way, and Benjamin Graham's (Warren Buffet's Sifu), The Intelligent Investor. I also like to read Bershire Hathaway's Annual Reports..lots of 'financial wisdom' there ;-)

This post has been edited by DanielW: Oct 29 2009, 09:22 PM

Hi everyone.

I really interested in buying ETF bacause don't have much time to monitor stocks and wanted more return than unit trust (since its high service charge).

So if you all could share any experience/opinion about the ETF. My target is the MyETF.