No, market is unpredictable, there are plenty of reason why people want to buy a share or the share, from technical and fundamental, people tips/recommendation, even people are 'fall in love' with particular stock because of previous good experience etc or simply syiok its name also can. Haha.

Whether the stock can hold on a price or not depend solely on market force ie. supply (seller) and demand (buyer).

Technical analysis evolved from pattern of trade which predicted there are plenty of people want to buy (support level), and resistance level (which more people tends to sell) from the historical data, etc, and its variance.

Fundamental analysis is based on how one value the company in term of company can generate return rate to the shareholders.

This post has been edited by cherroy: Jan 15 2009, 02:15 PM

Yes, that's why skid and me are puzzled by your question along the way.

nvm, all start from noob question one. Welcome to the forum.

You need to state it properly or read the statement properly. dividend 4.00 (xxxx) cents or %.

Dividend 4 cents or 4% are different two stories.

Dividend 4 cents:
0.04 x 10,000 share you got = 400

Dividend 4%
4% x Par value (KNM par value is 0.25) x 10,000 = 100

KLSE website has a full list of warrant expiration date. http://www.klse.com.my/website/bm/market_i...rrants_info.pdf

WB means it is the second issue of warrant.

PA means preference shares.

You buy a stock 5.00, with 20 cents dividend, after ex-date, the price will be adjusted to 4.80, so you gain nothing out of it.


Only those bought much earlier with 10K, probably will become 10,500 already due to dividend announcement. Stock price generally react positively with generous dividend given announcement.

Dividend play only benefit for long term investors, short term and buying prior before ex-dividend date generally won't gain you anything out of it.

The system already in place aka BTS is on running now, so partially done on odd lot is allowed now.

There were some discussion on this new system on the BTS thread. http://forum.lowyat.net/topic/858718

Yes, if your tax bracker is 19% (let say), then you can claim back the extra 6% being paid.

But if the dividend is declared under the new single tier system (which start from 2008, company start to using it and compulsory to be used after 2013), then you no claim back is allowed.

Just to have clarification on this issue, how much the donkey years up to? 7 years? Surely got some limit, otherwise, somebody suddenly come to claim back those 10+ years old story or longer than that.
Then headache for them already.

Yes, you can. There is no restriction on putting orders.

You can Q sell at 1.10 and Q buy at 1.08 as well.

TA is not a foolproof indicator, it just give you some clue how potential the movement will be and the trend of it.

We can't say it definite fall, next day volume might rise or market sentiment is good, then it might just break the upside with ease.

Not actually, it is because of the min commission incurred which the lower your trade, the higher % of the commission.

But once you reach the threshold of the min commission (a few K per transaction above), then it makes no different.

This is a good calculator.

https://einvest.hdbsib.com/calc/frm_Calcstk.asp

Calculation wrong already. 5000 x 0.05 how can be 500? should be 250

Your cost of 5,000 unit at Rm0.005, if you just bought 5,000 unit.
Rm25 + min commission + stamp duty + clearing fee = it might mean around RM0.01. So if your cost of WA is RM0.01 so total cost of your WA is 0.71+0.01 = 0.72

So if you managed to sell at 0.765 after deducting commission of sale left around 0.76, net gain is 0.04 x 5,000 = Rm200 only.

There is some lag for the warrant to be converted, ie. you won't get your mothershare immediately. It will sometimes, by then its mothershare price is change already.

So by no mean you will earn Rm200, you might lose as well if mothershare drop. Normally mothershare will under some pressure when those warrant being successful converted as it means more supply in the market ie. more potential sellers. You need to consider how much warrant potentially being converted. If the mothershare price stay just like you mentioned, there is a lot of incentive for people to convert.

Mothershare of RM0.73 should be your threshold.

But you might earn more if mothershare goes higher if market sentiment and condition improved.

Do taking account into commission incurred to have more accruate gain/loss.

You buy prior before dividend generally the share price is higher already.

Share price tends to react to upside when generous dividend being announced.

So, it is not a catch.

While share price will be adjusted downwards (minus out the amount of dividend given) after being ex. So you gain nothing out of it, in short term or play just prior before ex-date of the dividend.

This post has been edited by cherroy: Feb 17 2009, 10:54 AM

You mean CDS statement?

They only send it to correspondence address only.

Only if you change the correspondence address then only extra copy (notice of changing address, not CDS statement) being sent to the home adress (as IC).

Anything regarding CDS personal details changing, they will send it to both address but statement only to correspondence address.

Yup 12/9 should be the annualised rate. More precise should be ROI p.a.

But actual non-annualised ROI is without 12/9 figure. This figure is the actual gain, annualised means nothing although it is still correct, it can mean nothing or meaningless as below example.

Just like I buy today and sell off those gaining shares tomorrow, example my initial capital is 5,000 then I sell off with gain at 5,050, gaining 50 or 1% out of it. Annualised it it become 1% x 365/1, my annualised ROI is 365%! sound a lot and great, but in actual fact, it is little (50 only) or gaining 1% only.

If I am a fund manager, I can come out with 365% annualised return rate to impress people. This tactic is quite norm nowadays which has happened in some insurance saving plan lately that put high rate to attract people. No offence. They are correct figure as well.

But do remember, annualised rate doesn't mean much in term of decision making or justification for investment especially those figure get from shorter duration, it can somehow misleading or precisely give us the wrong idea/perception.

So it is just an academic term, what we want is always real figure that reflect better or more accurate situation.
Figure is up to human being plays it around, it depends on creativity of individual. Always dig more into it instead just purely looking at headline figure.

My 2 cents.

Skid,

It is just academic only, all figure and calculation are correct, just how one interpret it and want to use the number.

In actual fact, annualised ROI, real ROI or whatever is just a figure, you gain is still the same. Don't need to dig more into it, it is just paperwork stuff.

Comparison is always the real and actual gain one is getting.

Cheers.

Company normal give dividend after half year and full year of their financial result, which varied from company to company.
To know, you can check their website or KLSE website which there are compiled information of all listed company.

Dividend has nothing to do with your price purchased.

If it said 4 cents then it is 4 cents per share. If you have 1,000 shares x 0.04 = 40

You hold after the ex-date, then you will entitle d the dividend.