Your broker should have supplied you with all the information before you signed up. If you're in a hurry to make a trade you can make the payment in three days. But usually having money in your trading account means a lower brokerage rate and sometimes a very very very very tiny bit of interest.

i don't know how much interest your broker pays u for keeping money in the trust a/c. hle gives 2.3%

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?

Can refer this thread, http://forum.lowyat.net/index.php?showtopic=1500217&hl=
some good clarification provided.

i've done reading all the 81 pages ! am so happy ! am so eager to start the osk challenge to test my knowledge, but i still feel that am still a beginner,whats the next step from here sifus?

the next step should be starting small and start with the money that you can afford to lose...Happy investing!

agree...dont forget to do your own study before you invest, at least u need to know what sort of company you investing and at least, where is their profit come from.....and also you own risk-taking level...how much risk you afford to take..all the best to u

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

The question is like asking a formula that can pass you exam without study.

There is no such thing "a formula" that can lead you 'detect'.
A same figure/ratio can be intepreted from both side.
Just like a half tank, you can say it is half full or half empty.

Spend time and effort for some basic understanding about stock/assess company financial, instead rely a magic number/figure/ratio for one to find a good stock.

formulas.. u might be thnking of technical analysis then.

although i wouldn't recommend going purely on technical analysis as this isn't derivatives or forex. fundamental analysis still play a strong role in choosing a stock.

company annual reports are first. u can get them from bursa's webpage. or perhaps u can undertake ur own sector or industry analysis, top-down or bottom-up. plenty of info from analyst reports, briefings, or stuff as simple as watching the most active counters on bursa everyday.

thx for the advice..and where can i obtain analyst reports of a certain sector. i am actually playing osk investment challenge, tryin to pick up things or two from there.

i am also reading blogs bout stocks, but they are mainly predictions and i would like to know how they calculate stuffs like EPS,PER and DY

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Added on August 17, 2010, 12:21 pmHi all, another question

Should i concentrate on just a sector or diversify my portfolio over several sectors ?

thank you.

This post has been edited by luminaryxi: Aug 17 2010, 12:21 PM

@luminaryxi

Diversify. I'm sure most investment books would suggest against putting all your eggs in one basket.

And as for analysts, pick out raw data from their reports and take the recommendations and outlooks with a fistful of salt. They are not a reliable source of investment advice.

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Added on August 17, 2010, 11:41 pmDoes anyone know where to get historical EOD data for 10+ years? (in importable ASCII format, like the ones on klseeod)

I saw some websites offering CD-ROMs for sale, but they're all really shady looking.

This post has been edited by noflyzone: Aug 17 2010, 11:41 PM

got a question for taiko here, what is the purpose of retained earning? is it some kind of reserved cash? or just figure to balance the sheet? what can be done with retained earning?

What Does Retained Earnings Mean?

The percentage of net earnings not paid out as dividends, but retained by the company to be reinvested in its core business or to pay debt. It is recorded under shareholders' equity on the balance sheet.

The formula calculates retained earnings by adding net income to (or subtracting any net losses from) beginning retained earnings and subtracting any dividends paid to shareholders



Also known as the "retention ratio" or "retained surplus".

Investopedia explains Retained Earnings
In most cases, companies retain their earnings in order to invest them into areas where the company can create growth opportunities, such as buying new machinery or spending the money on more research and development.

Should a net loss be greater than beginning retained earnings, retained earnings can become negative, creating a deficit.

The retained earnings general ledger account is adjusted every time a journal entry is made to an income or expense account.


source : here

This post has been edited by hseyrann00: Aug 19 2010, 01:56 AM

i queestion here

let say,

Day 1: bought 20lot XX share
Day 2 [morning] : sold 10lot XX share
Day 2 [evening] : bought back 10lot share

is Day2 is considered intraday trading?
i searched all example showed intraday trading is buy and sell in the same day, where buy comes first than sell comes later.

can sell comes first and buy comes later consider intraday trading just like above eg?

Sell first and buy later is call short selling. It is not permitted (actually permitted on a regulated basis). Since you have the product (shares) at hand it is not short selling. If you want to macth the way you said, you must make a special request with your remisier who will do the necessaty paper work for it. It may not be entitled to day trading rates.

This post has been edited by faceless: Aug 19 2010, 04:17 PM

does it mean i need to inform remiser every time i want to make transaction?.
i use online trading and i think i might us that type of transaction. if i used standard brokerage fees i dont need to inform them right?

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.

This post has been edited by lytros: Aug 30 2010, 01:30 PM

The benefit of ICULS is that you can a fixed interest every year and after maturity, it will be converted to the mothershare after the maturity (generally or mostly 5 years)

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