Exchange rate for foreign trading normally follow the banks or brokers rate. Typically lower conversion yield compared to normal conversion rates. You can compare the brokers online website published rates like OSK188 and compare with Star Online newspaper published rates which normally quite close to a typical Money Changer rate.

I really do advise you to get a broker/dealer/remiser assisted account compared to a full fledge online account. Reasons being you are still very new and can get some pointers from the dealer. Although you will pay more per trade compared to a online account, you will at least not be in a position of disadvantage in case you make a 'newbie' mistake. Plus you will have someone to turn to if you need any clarification and help regarding your account status.

Only after you are confident with your own trades and actions then proceed to get a full online account.

Just some friendly advice, as I've read before some newbies made some common mistakes on their online account and panic. Therefore making more mistakes due to rushed and uninformed decisions. Ultimately paying un-needed tuition fee for their own 'newbieness'. No offense intended.

Okay here's a silly question : if I were to buy PBB-Foreign or MISC-Foreign am I entitle for the dividend ?

Oopps,  Jupiter I dont think is nominee account as it is not a bank... Only banks will use nominee account.  Those bank which is investment in nature also have CDS account.

Could you have something wrong information somewhere?

I just look at my yellow form from Jupiter to open CDS account with Bursa Malaysia.  So I am sure you have got the wrong information. 

---

Added on December 10, 2009, 10:42 pm
I am currently Maybank customer as well.  I do received vouchers from Genting.  You have to make noise to them if you dont get it.....LOL

which address will the company send your dividend cheque to ? Your CDS account registered address(Alamat Berdaftar) or correspondence address?

Can i be a seller & buyer at the same time,same stock ,example A stock sale RM0.10(100 lot,sale high),at the same time buy low RM0.095 (100lot) and left the bursa system match randomly,earn the difference of the value?

IPO just mean distributed existing company share to public only.
Let say the company origin has 1 mil shares on the owner. Now do IPO for listing, the owner can distribute 500K to public, and keep remaining 500k. As long as the listing requirement is met, public spread more than 25%, then it is fulfilling the listing requirement.

I sent through my remisier .. 

Let say I deposit RM40k into trust account, and the trading limit given is RM80k.

On 4th July 3pm I bought a share A with RM20k
On 6th July 10pm I bought share B with RM15k
On 6th July 12pm I bought share B with RM25k

So the T+3 is for share A, B or C ...? As Share A and B I'm using my own fund ...

Hi Rosdi,

Thanks for your advice, I called Pudu Share Investment Center (where I opened my account) and sold mine remaining 14 for 14*4.35=rm60.90

The sad thing is they minus a minimum of RM40 (i think this is the standard remisier charges) and thus remaining RM20.90.

Thus you could say Rosdi's is sound advice.

At the same time it shows something that Maybank Online Shares lack compared to CIMB, you cant trade Odd lots.

Hi!

I have questions to ask about warrants...

Taking for example DRBHCOM-CE...
Current price: RM0.13
Exercise Price: RM1.95
Underlying Share Price: RM2.27
Expiry Date: 1/8/2011 (18)
Premium: -2.2%
Gearing: 8.41
Convertion Ratio is 2 for 1

If I buy 1,000 lots at RM0.13 (Total RM13,000)... Indirectly means 2*0.13+1.95 = RM2.21
Then let's say on 1/8/2011, the Underlying share price stays the same RM2.27 (And the price of the warrant also ends the same at RM0.13)...
So, does it mean that I am profiting 6 cents for every share?
If not, then how do I calculate my profit? And how much would I get paid from the issuer?

And let's say the warrants above are not call warrants but company warrants, then at what price would my shares converted into? And how many shares would I get?

Thank you.

edited.

Let's say my remisier is from Hwang DBS Ipoh.

If I move to KL, can I transfer my account to another remisier in Hwang DBS KL? Is it allowed?

can all this be trigger automatically on a trading online platform locally ?

something i'm nt very sure about the timing of selling shares
Issit there is this rule is we on contra we only can sell the shares on either T -day (if signed the day trade form), T+2 and T+3?? in simple words are we nt allow to sell shares on T+1??

HI guys

I have question regarding Warrant.

Let's say we have this Company A, and its Warrant WA

If the company share price is RM 0.70,
and the WA is RM 0.30,
with exercise price of RM 1.00.

If the company decides to privatize now, but
the warrant has not expire yet (like few years more down the road),
and the company share has not reach the exercise price either.

So what will happen to the warrant?

Will we suffer losses?

How low is low?
Any guidelines that the company need to follow?

There is another page that you can see all the odd lot buy/sell Q.

Just buy and sell there.
or just Queue up to sell to see whether there is buyer willing to take.

Anyone here got using the AmInvestment Bank's AmeSecurities to do the trade?

Sorry, 1st time for tis...