yap...

ok tq bro

hey got 1 noob question here..lets say if i subscribe IPO for small amount only eg.2k unit..will my chances of getting the IPO be lesser compared to those big prawns buying 100k??thx...and how much will i be charged???

If over subscribed by many times your chance of getting will be much less.
than those who applied much more.
The number of share they get is proportionally lower than you get.
eg the directors may decide to allocate like this:

You applied 1k... chance of getting 1 : 10 and your allocation will be 1 K
if they applied 100K chance of getting 1 : 3 and the allocation is 10K

if you use Maybank2u you will be charged RM1.00 respective of the amount you applied.

Just remember that if the share is very cheap and the volume you applied and get is small than you may get inti the situation of having to pay for the minimum brokerage fee when you sell the share.

Can I ask is it possible for a broker system to hang?

I was conducted a trade and I have the screen "order verifying" stuck for 20-30 seconds before sending to BMSB to get it executed.

From HLE by the way, anyone facing the same problem?

"All Matched" notification only comes out after 30 seconds.

Here's my experience:

- Was trying to buy Tcubes at 0.43 @ 300 lots. So click send, "order verifying" for 10 seconds before sending and become "order confirmed". Price of Tcubes already at 0.445. So I assume it moves so fast that I didn't manage to buy Tcubes at price I wanted. Anyway so I click on cancelling order - but was told it failed and ask me to refer to helpdesk for more information. This usually happens so I retry cancelling, it writes cancelling...

Price of Tcubes falling fast. Initially at 0.37 only tell me all matched at 0.435. Fuuu

Anyone has any logical explanation to this?

As of now, I plan to change broker to Jupiter, this is not the first time and I cannot afford such a costly mistake. Requested withdrawal of all money on Thursday morning from Hong Leong but broker told me to calm down and told me she trying to figure out what happened. Told her I cannot accept it anymore and requested for everything to be credited to my savings account by Friday. Till now also my savings account still kosong

This post has been edited by Icehart: Apr 23 2011, 11:40 PM

Sorry to hear that.
I think anything possible...from my observation CIMB have the best connection to Bursa and Maybank2U is not very good.
I had a different case that had resulted in a loss due to the timing.
I tried my luck and write to the broker to claim for compensation on my loss. To my surprise they had agreed to compensate me 50% of the loss.
Regards

Sorry for a noob question here..
May I know what will be my stock value if the counter split its share?

Eg. I bought ABC counter at 4.00...then its split to 1.00..
if the value up to 1.10, that`'s mean my profit is 0.40 (ignore brokerage fees)

Thanks

Yeap..

Profit is 0.10 (But share quantities increased by 4 folds prior to the split)

So it is 0.10 x 4 = rm 0.4



This post has been edited by Bonescythe: Apr 26 2011, 05:45 PM

Thank you.

de stock name hv red highlight means wat ya?

Hmm... They are the ACE counters if I am not mistaken...
Means they are not from the main board like those with white.

If you use CIMB red means PN17 counters

im using osk .. nt ace .. ace is another color

for OSK
Red back ground .. is PN17 as well
Gold writing is ACE counters

ok thanks bro

For thinking out loud, and out of curiosity....

i notice many forumers here average down, to lower their ABP.

On the other hand, how about averaging up when the price is shooting-up

Need to know the rationale of averaging down vs catching a falling knife. I know this statement might calls for lots of argument and stuff.

We keep it for the sake of discussing and can be an eye opener to some, especially me...

To start with I only buy shares that I think it can move up.
If I think it is going to move down or not going anywhere my choice will always be hold or sell not buy.
More often than not any share that is sliding down toward my stop, I will just sell it and switch to another counter,
If the share move up I will continue to buy until it hit my limit amount that I had plan for
So averaging down will be very limited at the early stage and my averaging up will continue until I had reached the limit amount that I had initially plan for.
That is just my way and might not be the best way.

well i can see where u coming from, calculated move with planning.

i can agree with that.

Hi sifu here, im using HLebroking system..If i apply IPO through Maybank2u and has been approved..Will the share auto show in share portfolio in the HLebroking system?thx

I was averaging up since last year or so, until now.

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Added on May 3, 2011, 8:24 pmNo, every online portal, or broker house are independent to each other, include CDS.

Aka, you cannot sell your share in A broker CDS account on B broker trading system.


This post has been edited by cherroy: May 3 2011, 08:24 PM