Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 Q&A, General question on stock market

views
     
htt
post Dec 25 2010, 10:54 AM

Look at all my stars!!
*******
Senior Member
4,305 posts

Joined: Sep 2008


QUOTE(iamsobloodysick @ Dec 25 2010, 09:03 AM)
Thanks cherroy.

Another question is, if shareholders accept the offer do they need to pay the transaction costs like they normal do when buying and selling shares?
*
No.
htt
post Jan 5 2011, 08:31 PM

Look at all my stars!!
*******
Senior Member
4,305 posts

Joined: Sep 2008


QUOTE(ltcbomd @ Jan 5 2011, 08:13 PM)
Then how come my cimb itrade no update the bonus share even 3 days after the ex-date already... think might need to call them to clarify... anyway thanks for answer....smile.gif
*
After ex-date, normally they need some time to credit the bonus issue into individual CDS account I think.
htt
post Jan 6 2011, 08:49 AM

Look at all my stars!!
*******
Senior Member
4,305 posts

Joined: Sep 2008


QUOTE(t5t @ Jan 6 2011, 07:16 AM)
Hi there! Can anyone explain to me what a Call warrant is? I realise that company warrant or right issues have time limit, but why isn't there a time limit for Call warrant? And what is a Put warrant?

If I buy a Call warrant, can I sell it immediately just like normal shares? Or is there any rule to follow?

Thank you.
*
Think this one had been answered for a few times liao, try search for it.

Yes, you can. Just like normal rules & regulation that encompass share trading, but some securities company required signing of extra document for you to undertake the higher risk of CW trading.
htt
post Jan 7 2011, 11:38 AM

Look at all my stars!!
*******
Senior Member
4,305 posts

Joined: Sep 2008


QUOTE(unpronounciable @ Jan 7 2011, 11:23 AM)
i have some questions on warrants

ok i know it has been asked for a few times, i've searched it, but just to confirm first

1. example:
stock AAA RM5.00
warrant AAA-CA RM0.19
conversion ratio: 10:1
conversion price: RM3.00
maturity date: next monday

so if i buy 1000 warrants of AAA-CA worth RM190.00, on monday i will have an option to buy 100 units of AAA at RM300
correct?
(if i'm not correct, pls correct me)

ok if that is the case, what happens on monday? at what time will i have the option to buy that 100 units of AAA stock? anytime of the day? or after 5:00pm (which means the next trading day)? how will i be approached to buy that stock at that special price? because currently i do all my trading online

thanks in advance!
*
For CA, you normally don't get stocks, instead you got money based on the formula pre-determined, normally average price of 5 days prior to the maturity date or so.
If the average price is RM5, then you should be getting RM200 back if I correct on my calculation.


Added on January 7, 2011, 11:42 am
QUOTE(iamsobloodysick @ Jan 7 2011, 09:23 AM)
Could anyone please explain the following accounts? What are the differences between, say allowance for doubtful debts and doubtful debts written off?

Allowance for Doubtful Debts
Allowance for Doubtful Debts No Longer Required
Doubtful Debts Written Off
Doubtful Debts Recovered
Allowance for Obsolete Inventories
Allowance for Obsolete Inventories No Longer Required
Allowance for Inventories Written Off
Allowance for Inventories Written Off No Longer Required
*
Your question maybe can find the answer by googling... but if have to type the answer out then that take some pains...
e.g. allowance for doubtful debt is allocation reserved for a portion of debtors to turn into default, no cash going out, the doubtful debtors have to be pre-determine by a measurable means e.g. suspicious, bad credit record, or by % etc.
I try to answer one already very sick & tired... some more no marks will be awarded... tongue.gif

This post has been edited by htt: Jan 7 2011, 11:42 AM
htt
post Jan 7 2011, 03:19 PM

Look at all my stars!!
*******
Senior Member
4,305 posts

Joined: Sep 2008


QUOTE(iamsobloodysick @ Jan 7 2011, 02:58 PM)
Thanks for your efforts.

I've actually asked my girlfriend (ACCA) the same questions but I'm not satisfied with her answers. tongue.gif

The following two sound the same to me.

Allowance for Doubtful Debts
Doubtful Debts Written Off

Both will be treated as expenses. I'd like to know why not write off the doubtful debts instead of making an allowance for it.

I did google but I'm confused with the terms used in the report. For example,

Is "Allowance for Doubtful Debts No Longer Required" a write-back?

Haiz. I really wish I did finance & accounting for my degree. I've done cfa 2 but I lack analysis practice. sweat.gif
*
Ok, your gf graduated or still student? A bit OT... tongue.gif

Allowance for Doubtful Debts - that is amount reserved for the event of doubtful debtor turn into default, normally that's not full amount but a certain percentage which deems reasonable for the business; but the default event has not taken place yet, so the allowance impact your income statement but cannot be deducted from taxable income.

Doubtful Debts Written Off - that means that specific debtor actually default the debt and you cannot recover back amount (if recover back part of it, then you have to expense the unrecoverable part only), then you really deduct the amount from your asset and written off the amount from book. The amount can be deducted from your taxable income, but if subsequent reversal happened, you must put it back.
htt
post Jan 10 2011, 01:37 PM

Look at all my stars!!
*******
Senior Member
4,305 posts

Joined: Sep 2008


QUOTE(t5t @ Jan 10 2011, 12:29 PM)
Hi!

If a company has profit after tax of RM11.5mil and net profit for the period of RM20mil. How can it have higher net profit than the profit after tax? Where does the RM8.5mil come from? For example, refer to SAAG 3rd quarter financial report.
*
For Accounting Profit and Taxable Profit, there are always a big gap, so simply taking accounting profit & multiply with tax rate won't work. A lot of item does not recognized in tax or recognize in different pace with account, also tax difference with be taken into consideration in subsequent accounting period etc. In short, that's normal to have such discrepancy... tongue.gif
htt
post Feb 9 2011, 11:37 AM

Look at all my stars!!
*******
Senior Member
4,305 posts

Joined: Sep 2008


QUOTE(Pubee10 @ Feb 9 2011, 08:42 AM)
Interim Single Tier Dividend of 7.5% or 3.75 sen per ordinary share of 50 sen
each in respect of the financial year ending 30 June 2011
100 lots at 2.43

Can get how much dividend?
*
10,000 share * RM0.0375 = RM375.
htt
post Feb 25 2011, 02:37 PM

Look at all my stars!!
*******
Senior Member
4,305 posts

Joined: Sep 2008


QUOTE(MNet @ Feb 25 2011, 01:15 PM)
if i buy @ 25/2 then will i entitle for dividend?

user posted image
*
No.
htt
post Mar 17 2011, 10:03 PM

Look at all my stars!!
*******
Senior Member
4,305 posts

Joined: Sep 2008


QUOTE(bleachzrockz @ Mar 17 2011, 06:23 PM)
"Faber to cancel 75c from each RM1 share, credit arising to offset losses"
what does this mean??does it mean i am going to lost 75% of my share value if i m holding faber??or will the price go up in accordance to the reduction of number of shares?
*
Means they cancel part of the capital with loss incurred. The value of your share remain the same. In perfect market, the price should not go up or down.
htt
post May 3 2012, 02:20 PM

Look at all my stars!!
*******
Senior Member
4,305 posts

Joined: Sep 2008


QUOTE(Sone Shin @ May 3 2012, 12:21 PM)
Sorry, I am new in this field.
May I ask this renounceable is meaning the company wanna reduce the amount of share distributed in the market?
Normally you buy share you own it right?(correct me if I am wrong)

So under renounceable condition, every share holder nid to pay RM0.50 to maintain their rights? or Just new share buyer?
*
That mean existing shareholders can choose to give up their rights to subscribe, or sell the 'right' if open market provided.
htt
post May 3 2012, 02:49 PM

Look at all my stars!!
*******
Senior Member
4,305 posts

Joined: Sep 2008


QUOTE(Sone Shin @ May 3 2012, 02:36 PM)
So each shareholder will able to purchase how many renounceable share? Any limit of share they can buy?
*
For Tambun Indah case, 1,000 ordinary share holder can buy 400 rights share at RM0.50/ rights share, then 200 warrant given upon subscription of rights. Shareholder can apply for excess share, but if only someone renounce their rights, then the rights will be distributed to those who apply for excess rights, and the distribution is up to the management. For those people who bought the rights to purchase rights issue, they cannot apply for excess right.
htt
post May 3 2012, 08:53 PM

Look at all my stars!!
*******
Senior Member
4,305 posts

Joined: Sep 2008


QUOTE(rayng18 @ May 3 2012, 04:14 PM)
I tot those who are subscribing for the rights issue can also apply for excess shares. A seperate application form for applying for the excess shares is attached to the normal rights issue application form to be sent to all shareholders eligible for the rights issue and you need to buy a seperate bank draft for the excess application and this does not necessary guarantee that the excess will be given to you.
*
If you purchase the rights from open market, then cannot... correct me if I am wrong (that's long long time ago liao, maybe there is some changes...).
htt
post May 6 2012, 06:37 PM

Look at all my stars!!
*******
Senior Member
4,305 posts

Joined: Sep 2008


QUOTE(drunkonpiss @ May 6 2012, 03:49 PM)
hello! total newbie here regarding stocks. Just want to ask a few questions.

- Can a foreigner like me open up stock holding account here in malaysia? Which company would you recommend?
*
No problem... we are an inclusive society...

htt
post Jun 5 2012, 08:29 AM

Look at all my stars!!
*******
Senior Member
4,305 posts

Joined: Sep 2008


QUOTE(river.sand @ Jun 5 2012, 08:17 AM)
I have a question:

Assuming I sell shares worth RM3k; on the same day I buy shares worth RM4k.
On T+3, should I pay transaction fees plus RM1k or RM4k?
*
-deleted-
sorry, didn't realized there is a buy and sell.

This post has been edited by htt: Jun 5 2012, 09:49 PM
htt
post Jun 15 2012, 10:09 AM

Look at all my stars!!
*******
Senior Member
4,305 posts

Joined: Sep 2008


QUOTE(zouk2010 @ Jun 15 2012, 09:10 AM)
anyone know about the preference shares dividend, i would like to know the tax implication. Can i use franked dividend or single tier to declare dividend now?
*
That's same like your bank deposit interest. no franked no single tier.
htt
post Jul 2 2012, 04:06 PM

Look at all my stars!!
*******
Senior Member
4,305 posts

Joined: Sep 2008


QUOTE(empirekhoo @ Jul 2 2012, 12:35 AM)
Thanks river.sand..

With this I would like to ask one more question.
I've noticed that lots of company announcements are flooded with EPF related buy/sell..
For example on link: http://www.bursamalaysia.com/market/listed...ncements/996617
Does this mean that EPF is 'buying' (Acquired) 900,000 units of share of the company, with price "ordinary shares of RM1.00 each"? can anyone explain this process better?

Thanks in advance =)
*
Nolah, cannot be RM1 one, normally market price.
htt
post Jul 16 2012, 03:35 PM

Look at all my stars!!
*******
Senior Member
4,305 posts

Joined: Sep 2008


QUOTE(arcule @ Jul 16 2012, 12:41 PM)
got question le. please help clear  my doubts smile.gif

"Final Dividend of 20 sen per ordinary share of RM1.00 each less 25% income tax for the financial year ended 31 March 2012"

does this statement means u only get divident if u bought the share at RM1.00?

and u only get tax for 75%?
*
No, mean if you have 1,000 shares, then you have RM200 dividend (1,000*RM0.20), less income tax 25% then RM150 will be distribute to you, the income tax might or might not be claim back subjected to your tax bracket. Think that part had been discuss for 100 times liao...

8 Pages « < 6 7 8Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0599sec    0.66    7 queries    GZIP Disabled
Time is now: 26th November 2025 - 05:19 PM