Juz wondering,

between clearing fees and brokerage, which one normally does inv.bank give discount?

hi wanna ask the following:

how do we calculate the following:
1. Final ordinary dividend of 5% per share of RM0.20 each less tax at 25%
2. Special dividend of 2% per share of RM0.20 each less tax at 25%

1A does that mean once we get 1 we wil not be getting any dividend until the next financial year?

2A giving free shares and dividend, which is better?

3A 红股 in english is what?

4A is it when a company has issued a NOTICE OF BOOK CLOSURE that would mean is about time to give dividend?

5A can i say In-dividend & Ex-dividend technically are the same (alth i know it differentiate the entitlement of dividend).
I am saying it same because even if we buy ex-dividend counter, the price will deduct the dividend allocated.  so technically we suffer no lost even we buy at ex0dividend date.  correct?

cheers

do you guys know where can i check NAV of a stock in malaysia?

sorry for noob question, is share buyback is the company buy the shares from normal market and what is the purpose? is it because the company will give the bonus issues is later time

can anyone tell me what what the diff in share price? their net worth or ? like i see google price is 500 and microsoft is 25 only .. what it has so big gap when their yearly revenue is about the same

oh tq for your answer.
how do i check for local share detail like number of share or their asset or liability.
because i can check US market easily so i hope malaysia would be same

I hold some shares in Maxis. Can i attend their AGM this weekend or do i need an invitation for that?

Hi all,

AAA company has conversion of XXX cumulative convertible redeemable preference share into YYY new ordinary shares.
The additional YYY new ordinary shares of RMZZZ each arising from the aforesaid Conversion will be granted listing and quotation with effect from date DDD.

1) What does this mean? Is this good or bad news and why would a company do this?
2) Does this means that it will dilute the share and hence reduce the stock price?
3) the quantity of YYY is so much more than XXX, so preferred share are worth so much? How do we calculate the worth of a preferred share and the amount/quantity to be converted into ordinary share?
4) Conversion will be granted listing and quotation with effect from date DDD, this means that I will be able to sell those shares starting on date DDD?

Thanks

got 1 question, where the company put the dividend paid to shareholder from previous financial year in their latest financial statement, i want to know where they deduct the dividend paid from the company's money, is it in their cashflow statement? because i cant find on the financial statement

where can i check the information about warrants, the exercise price and the warrants expiry

hi..
some newbie questions..
a, plan to open a trading account with HLeBroking (Jupiter and HLeBroking were on my list, since both brokerage fee is cheaper ) it's faster to open in their office in Menara HLA than applying online ?

b, currently I have some shares with Kenanga, and my CDS account is dormant. So HL is able to re active my CDS account and transfer my shares from kenanga ?

c, For beginner, which workshops I can attend?

So my questions are:
1. anyone knows how much does exercise expenses cost for TM-CI?
2. cash settled call warrant means? cash settle with warrant holder after expiry?

thanks!

so is the bank earn those money?

What is intraday trading? How to enjoy these lower brokerage fees with intraday trading?

i saw those broker are normally SDN BHD... If they close down, all the money in the trust account will be burnt out? Any law to protect trustee money?

guys..may i know where to obtain 'formulas' to detect a stock that is strong and has strong fundamental or what other ways to study a stock

Hi,

Can anyone explain to me in layman terms what is ICULS?

"ICULS, or Irredeemable Convertible Unsecured Loan Stock, is a security tied to common shares of stock that pays a coupon to the holder at a predetermined increment and rate. The ICULS can be converted to an underlying equity at anytime until its expiration.
When an ICULS is converted to common stock, it is converted using a predetermined conversion ratio that also governs the ICULS’s price. For instance, an ICULS with a 10:1 conversion ratio would be worth $1 if the underlying equity currently trades at $10."

Have a hard time understanding, and in what condition does this ICULS occur? What are the benefit, etc?

Thanks.

Thanks cherroy, will ICULS effect the price of the mothershare during issuing/maturity?

Please allow me for further exploration on this.

1. So BI's expenses derive from retained profit, the same case as when offering cash dividend?

2. When BI time, the company need to pay for per par value(1.00 in my example) or market value(1.50 in my example)?

3. In Balance Sheet, the retained profit does not sit under Cash column?

4. When a company IPO, is it possible that not all shares were purchased by investors? If that happened, what will happened to the rest of the shares?
Thank you!

Then what's the difference between BI and share split? I always thought the company need to "pay something" for BI therefore BI is more valuable than share split.

LISTING'S CIRCULAR NO. L/Q :  58192 OF  2010
1) Bonus issue of 25,081,600 new ordinary shares of RM1.00 each in Yee Lee Corporation Bhd ("YLC") ("YLC Shares"), to be credited as fully paid-up, on the basis of two (2) new YLC Shares for every five (5) existing YLC Shares held on the entitlement date (Bonus Issue).
2) Share split involving the subdivision of every one (1) ordinary share of RM1.00 each into two (2) ordinary shares of RM0.50 each in Yee Lee Corporation Bhd ("YLC") ("Subdivided Shares").
Kindly be advised of the following :
1)  The above Company's securities will be traded and quoted [ "Ex - All" ] as  from : [ 2 September 2010 ]
2)  The last date of lodgement : [ 6 September 2010 ]
3)  Retention Money :  Where securities are not delivered in time for
registration by the seller, then the brokers concerned :-
    a)  Selling Broker to deduct [ 2/7 ] , of the Selling Price against the Selling Client.
    b)  Buying Broker to deduct [ 28.57% ] of the Purchase Price against the Buying Client.
    c)  Between Broker and Broker, the deduction of [ 2/7 ] of the Transacted Price is applicable.
Remarks :- "Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place on 7 September 2010 with bonus issue and share split of  YEELEE shares of RM0.50 each, any shareholder who is entitled to
receive YEELEE bonus issue and share split shares, may now sell any or all of his YEELEE shares arising from the bonus issue and share split beginning the Ex-Date ( 2 September 2010 ). For example, if Mr X purchases 500 YEELEE shares on cum basis on 30 August 2010, Mr X should receive 500 shares on 6 September 2010. As a result of the bonus issue and share split, a total of 1400 YEELEE shares will be credited into Mr X's CDS account on the night of 6 September 2010 being the Book Closing Date. Therefore, Mr X can sell the bonus issue and share split shares of 1400 on or after the Ex-Date ie from 2 September 2010 onwards."
The closing price on 1st of September was 3.06... and the opening price on 2nd of September was 1.14... Can anyone show me the calculation to determine the opening price on the 2nd of September? And why is the bonus shares issued after the share split? Please advise.

Exercise/Conversion Period Type : 8 Year(s)
Revised Exercise/Conversion Period Type : 0 Year(s)
Exercise/ Conversion Ratio : 1:1
Mode of Satisfaction of Exercise/Conversion Price : Tendering of securities
Settlement Type/ Convertible into : Physical (Shares)
Remarks : Conversion Price:
RM1 nominal value of Irredeemable Convertible Unsecured Loan Stocks (ICULS) for
every one (1) new fully paid-up ordinary share in the Company, subject to any
adjustment as may be made pursuant to the Trust Deed executed by the Company.
The minimum value for conversion required is RM100 nominal value of ICULS.

What is tendering of securities mean?