Par value means?

Par Value is the value of the share during the IPO stage.

For example DIGI Par Value is RM 0.10, i.e., the value of the share during the IPO stage.

Xuzen

err.... not quite right.

Par value means the money of paid up capital in it when the company first set up time (not IPO).

For eg. you set up the company with paid up capital of 1 millions so you can issue 1 million share of Rm1 par value each or 10 million share of RM0.10 par value.

It is not a good indicator how much should be stock price worth as company can grow or shrink in between.

But having said that, the high differentiate of Par value with stock price means that company in between has grown a lot which the company valuation has appreciated.
Par value is just more or less an academic figure, NTA is more important instead of Par value.

If after T+3 days the bokerage firm will straight away sell my shares at the current price although no buyers want to buy it? or only at the price that the buyers offer? Thx Everyone who willingly solve my problem:)

In order for you manage to sell, or the firm can sell your share, there must be a buyer!

No buyer, how can a deal/transaction being done?

They will throw to the nearest buyer price. They won't wait for people to buy.
If a share is at 1.00 but no buyer, buyer only Q at 0.95, then they will sell/throw to the buyer side at 0.95. If quantity of buyer is not enough to clear your stock, then they will throw even lower where got buyer Q'ing one.

Thanks Cherroy,

How about if i have RM10,000 in my invested account and i have finished using. But there is another RM20,000 available (3Xdeposited money).
the following matched orders will straight away deducted from the RM20k automatically? and i need to deposit the money RM10,000 as soon as possible? (let say the next transaction is RM 1,000)

Correct me if i am wrong:) thx

This you have to check with respective broker firm, different broker applied different rule.

Generally,
For nominee account, you can trade what you have in the account.

For direct account, you can trade until the credit limit granted by the broker firm/remiser, which totally depended on trust.

If you have RM10,000 in your account, you will have a RM30,000 margin to trade with. As long as the stocks that you buy does not go beyond T+3 (trading day + 3 days), you don't have to use your RM10,000 to pay with (that is, IF you make money from selling the shares within T+3). Once your shares goes past T+3, then you will have to pay that value from your RM10,000. If your shares are more that RM10,000, for example, RM15,000, then you have to deposit another RM5,000 once the shares goes past T+3.....

That's what I understand cause I don't use a margin account....


Haizzzz.... so boring..... 5 more days till reload.... hope still have time.....

This post has been edited by kmarc: Dec 13 2008, 05:31 PM

Thanks Cherroy and Kmarc.. really appreciate

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Added on December 14, 2008, 5:15 pmIf the Commerz-ce that i bought which expire date is 3-3-09. What will it becomes if i still not selling it upon its maturity?

This post has been edited by skymei: Dec 14 2008, 05:15 PM

I'm planning to invest someday, but I need to find some local brokers that recommended by everyone.

Care to recommend any?

I heard Jupiter is quite good, but any alternatives beyond that?

May I know what is "called up share capital" in financial statement ?

I think that's equal to paid up share capital.

Worth nothing, "evaporised" if exercise price is above the settlement price (ie. the average stock price for the last few days)


Normally, it will be suspended prior a week before its expiration for settlement procedure.

This post has been edited by cherroy: Dec 15 2008, 09:10 AM

Can explain what is it ? thanks

Check earlier post

When a company issues new share ,it can be fully paid in one go or it may be in instalments.For example,a company may decides to issue ordinary shares of RM 1 by way of first call 60 sen now , second call 20sen in six months time and third call of 20 sen at a later date to be determined.

In your question abv,the called up capital would be the 60sen.

But this rarely happen in public listed companies.

This post has been edited by lklatmy: Dec 15 2008, 09:41 PM

I think you will further confusing him We have to start bottom up

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Added on December 15, 2008, 12:20 pmGenerally that's useless, that's the capital when the company started its operation. Mainly use to count the number of shares only.

This post has been edited by htt: Dec 15 2008, 12:20 PM

What is the difference between "Transacted" & "Acquired"?

If not mistaken, transacted can be meaning buy or sell, either one, or transferred to third party for some sort of internal restructuring involving the transferring of share for some deal or re-organisation.

This post has been edited by cherroy: Dec 15 2008, 02:41 PM

^ Thanks cherroy