QUOTE(simplesmile @ Nov 17 2008, 05:13 PM)
Thanks.
Which board is more volatile? which is better hunting ground for newbies? Which is safer for newbies? Main board or Second board?
There is no safer ground in stock market, want safer investment, then go for FD. No offence.
For newbie, don't invest anything before knowing and fully clear about it.
For stock, it is always advisable go for blue chips that is well reputable.
Don't mean others can't make money, but blue chips are always lower risk than other unknown xyz stock, as normally blue chips are well covered by research house, which you can obtain the company easily than others unknown stocks. Reputable or well managed is also a key factor that people has confidence about the company.
QUOTE(smooth9 @ Nov 17 2008, 06:02 PM)
Hi,
I have previously vested in some stock about 6 years ago, but that time I dont know much about share so I just listen to advice from some friend (not that I know much now

), I am glad it went alright that time. I wanted to reinvest some fund back into the share market in the coming weeks too, but this time I would really like to learn and make inform decision myself. I have been following this thread and few others in this forum recently. But I have a few questions... hope some sifus can

me:
1. I have an account with avenue securities 6 years ago, bought and sold all the shares. So my account is not active anymore and I do not have any information about it, I remember the remisier called me to close my account about 5 years ago, but I dont know the difference between cd and trading account that time, so I am not sure whether i close the cd, trading or both

. Do I have to open a new CD account if I were to use another security company like OSK (since I have been relocated recently). Or OSK will be able to find my old CD account and I only have to open a new trading account with them to start trading?
2. profit/divident from share is it taxable? (is it true that there is no tax for divident starting 2008?) do we nomaly declare?
3. how about mutual fund? is this taxable also?
4. which factor is important deciding whether to buy or not? P/E ratio, future of company/industry, divident, account transperancy? (I wanted to invest for the longer term, targetting about 10-15% return per year.
5. what is a suport level/resist level means?
Thanks a lot

1. No, CDS and trading account generally won't be closed, once open, generally people leave it there, even though it is inactive. So properly you still have the CDS account.. But if your remisier said they want to close the account, then it can be done as well.
No, OSK can't access your Avenue's CDS. If you open an account with OSK, then you have to open another CDS account even you have one at Avenue. CDS is attacked with investment bank or broker house, so if you have 5 trading account with different broker house, then you need to open 5 CDS account.
So don't need to bother the Avenue CDS close or not close, if you intended to trade using OSK.
2. Profit from share trade is not taxable as it is under capital gain which is non-taxable in Malaysia. But dividend is taxable.
From 2008 onwards, those start to declare dividend under new single tier system, those dividend received in your hand already been taxed, so no further tax. <-- where people presumed it is not taxed, in fact it is not.
It is not actually no tax as tax being paid first on company level compared to old system which not taxed at company leve. Just you won't see it, doesn't mean it is not taxed.
3. Mutual fund is under capital gain tax as well.
4. The most important criteria is company profit especially future profit as company profit is the most important factor that determine the share price. All factors you list are important as well as it is combination factor that determine the price and valuation people willing to buy the share.
5. Support level is determined from chart or technical analysis whereby on this level, based on chart, it shows plenty of people want to buy, so share has good support factor (but it doesn't mean it can break to lower level, if selling is strong. So on the opposite side, resistance means there are a lot of selling at that level.
This post has been edited by cherroy: Nov 17 2008, 06:23 PM