You didn't experience massive lost. Your buy price of 7.05 translate to 5.64 after Bonus Issue. Are you using a nominee CDS account? For nominee CDS account, it could take 7 days for the Bonus shares to show in your account. Same thing happen to me.

cash upfront account means that your buying power is limited to how much cash you have, e.g: 1k only. no margin, and no share collateral.

This post has been edited by teehk_tee: Jun 20 2010, 11:32 PM

This really depends on your account activity. If you have a good history of payment and trading, normally they will increase the limit to allow you to trade more easily, up to a point of providing very favourable discounts on trading and margin facility.

But normally new accounts are limited in their benefits, and they may prevent you from buying more than what you have into your account.

MYEG...

activation begins..

cheong all the way to RM1.10. Goldman Sach style..

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

This post has been edited by warrants: Jun 22 2010, 10:47 PM

1) Generally not so good news due to 2)

2) Yes, it will dilute the EPS and potential future dividend (if any), as more shares being issued. Stock price technically won't be affected. But there are more shares available in the market, if those preferred share converted intention in the first place is to liquidate their position, then those shares can be sold in the market and can depressed the share price. More supply of shares. So based on supply and demand theory, it pressures the share price.
But if those converted shares are not intention to be sold, then you could see zero effect on the share price.

3) All depend on the conversion rate. After conversion, it become an ordinary share same with existing share
4) Yes.

Thanks Cherroy,

Another question, how and where can I find the previous earning reports/divdents of a company?

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

You paid dividend by cash, so it will show up in the cashflow statement.

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

KLSE website for full list of info.

Hi guys i got a noob question here..when i key in my buying price on my online trading platform..i should take the best buy price or current price??i have sent in my order 9am just now and they say order is confirmed..but now they say order is void and resent in the afternoon session.. any guide pls?

It depends you want to enter the counter at which price, and of course higher the price you offer, hight the chance you get the stock you want to buy. Your order is voide and resend in the afternoon is because your order is on quaqe and doesn't match the selling price. If you sucessfully buy the counter you want, you will "All Matched" instead.

Can anyone explain the term OUTPERFORM in stock...

Sifus, need some enlightenment. Let's say I buy GenM share from broker A. After holding for sometime I decided to sell it away using broker B. Possible? or need to sell through broker A again.

Don't whether am I asking in the right thread or not. Pardon me if it is in the wrong one.

Thanks anyway.

Cannot if both broker A and B are not under the same investment bank/ securities company (means most likely cannot), kind of stupid system, the account should tie to person and not ib/sec co. at the first place. You can pay RM10 to transfer the share to broker B's ib/ sec. co if you must sell using him/ her.

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Added on June 30, 2010, 10:27 pmMean the share will outperform the market.

This post has been edited by htt: Jun 30 2010, 10:27 PM

outperform means return is +X% above benchmark (FBMKLCI return) in a period of time. for specific X, you need to refer to the disclaimer

what is Price/Book Value and Book Value..the smaller the number the better?

Book Value per share = Net Tangible Asset / Total Shares Outstanding
Price / Book Value = Price per share / Book Value per share

The smaller number of P/BV is usually means the stock is relatively cheaper but not necessary better.

This post has been edited by gark: Jul 9 2010, 10:57 PM

thanks very helpful, you always good in investment knowledge.