I'm using OSK and RHB. I like both of them and both aren't nominee account.

I'm surprised Jupiter is also nominee account. Did you ask if you could get a full account instead of nominee?

Oh and I'm also a firm believer in using the services of a broker/remisier. Online trading is not worth the risks for me. Minimum brokerage charges don't concern me, but would be a profit killer if you trade in small sums.

As far as I know, both RHB and OSK do not have competitive low minimum charges compared to others like CIMB RM8.88 deal or Jupiter or Hong Leong etc.

This post has been edited by skiddtrader: Dec 10 2009, 09:39 PM

Normally your broker will have some research papers everyday.

It really depends on the industry and personal opinion of a certain company based on it's financial records.

Some people might look through facts and figures and make a conclusion while some others based their conclusion on more forward looking growth of a company.

Most common and basic is looking at the company PER or PE ratio. Please Google that for more info.

Please elaborate on your question as it is not very clear what it is you are asking.

ie. price per earn? Do you mean you want to know how much a company earn and how much the price of share relation?

You can let the rights expire without any action on your part.

All shares will get the "rights" to buy their warrants. Whether you exercise this "right" to buy their warrant is up to you.

But then normally if you don't exercise your right, you'll rugi because the warrants will dilute the price of the mother share you are holding.

By exercising your "rights", you'll be getting your piece of the pie the company is offering to investors to put in more money to the company.

If you don't want to be in the situation where you own the "rights" and plan not to do anything about it, then sell the mother shares before the ex-date of the rights issue.

Best source is the Bursa website.

Look under Listed Companies>Company Announcements>Current

This post has been edited by skiddtrader: Feb 11 2010, 10:42 AM

February 23rd 2010, the rights will no longer be listed in the Bursa system. Meaning you can't sell or buy anymore from the market. Thus this coming Monday the 22nd of Feb will be the last day of trading.

Any MAS-OR you hold can then be subscribed/exercised by filling up a form and paying the appropriate amount according to how many shares you are subscribing. This form needs to reach their arranger by March 3rd.

If by March 3rd, you still hold MAS-OR and didn't do anything about it, then it is considered toilet paper. Normally you have to fill up a form which will be delivered to you IF you were originally a MAS shareholder. However if you bought MAS-OR from the market, you must get the form yourself. Ask your broker about this. Payment is normally by bankers cheque. Follow the instructions on the form.

Normally historical EPS aren't affected. Which is why you must always compare EPS and the share outstanding for the same year to ensure it is comparable. As companies tend to grow, their share outstanding also changes according to their financial needs (rights issues etc. ).

You don't have to edit the historical EPS because by revenue or net profit alone, you can see if the companies sales have improved. So if the revenue and net profits are increasing every year, you can conclude the company is growing. EPS merely shows how much each share is earning.

If the share outstanding remain the same every year, more value is added per share therefore increasing the EPS as well. But if there are share exercises such as bonus share issue or ESOS or rights issue, the EPS would definitely be affected as the net profits are distribute to a larger number of shares.

EPS only reflect how much each share actually earned for itself. It doesn't really prove that the company is doing better.

Take for example Notion Vtec which recently last year concluded it's share consolidation exercise of 5:1. Where for example the share EPS used to be 10 cents, now it is 50 cents per share. So although the EPS increased by 5 times it doesn't mean they made more money, it's just that the number of shares the net profits is being distributed to is 5 times lesser because the number of shares were reduced. (Note: Notion Vtec is actually a growing company, this is an example only for no growth)

If your dad got burnt before in the market, he is probably speaking from experience. I know my parents cautioned me endlessly about stock market when they learnt I started investing.

Looks like your dad is just being cautious and not overly trusting which is a good trait to have in the stock market. It is proven sometimes that numbers do lie to investors and even to pro-investors.

Although accounting practices has improved somewhat and so did the trading practices compared to last time which has helped reduce but not eliminate fraud.

I think your dad is just being practical and does not want you to be too naive thinking investing in the stock market is an easy thing to do. If you show him you can handle your finances orderly which includes good savings habit and personal debt management, maybe then he will think you are better prepared to invest in the stock market.

As an adult, it is ultimately up to you how you handle your money but your parents probably still have a thing or 2 to teach their children about money.

Hey please don't double post your questions.

Your questions is answered in the dividends thread.

Yes, some one need to be buying in order for your stock to be sold. Which is what we ment when we say Supply (sellers) and demand (buyers).

Normally most counters will have some people queuing to buy the stock at different prices. And also people queuing to sell at different prices. All matching buy/sell orders will be executed.

SO if you intent to buy something for a specified price, someone needs to be queuing to sell to you, if not, your buy order will be queued in to the system.

Dealers are just middle man that executes your orders.

Yes you can, but be aware that if you do not have any holdings and your sell order is matched, you are liable for short selling which might incur you losses and fines.

So if you do have some of the stocks in hand, you can set up a low buy order to collect more and at the same time put up a sell order for higher. You are not allowed to sell anything you do not own.

Also since it is a queue system, your orders might not be fully matched. For instance you queue 100 lots for sale, but only 1 lot is matched. Your cost of selling might exceed your actual profit.

If you still need to know;

http://www.investopedia.com/terms/s/shareholdersequity.asp


It can be found at the end of a balance sheet normally.

Revenue is to describe sales coming in for the company and profits before tax is after subtracting their operational costs and financial costs. Net profit after tax will be divided among all the shares to get the EPS.

Likely scenario where Revenue increase but EPS drop, like in the case of BJTOTO recently is due to their higher operational costs. Where revenue actually increase higher than previous quarter but EPS is lower.

If revenue and profit before tax increases but EPS still drop, likely due to some tax issue as in the case of YTLPOWER during their 4Q2009 report where their recognition of some tax in their accounts completely decimated their EPS for that quarter.

And another is that revenue, profit before tax and net profits increased but EPS goes down, is most likely what htt explained. New share issue which dilutes the EPS as more shares are introduced to the market. New shares can be issued via bonus issue, rights/warrants, ESOS, bond conversion, ICULS, etc.

Best is always read the notes of a quarterly report which normally would describe and explain why the numbers are different. While most companies give general answers and explanations, some do make an effort to add some detail for their investors. Never judge a company's performance from a newspaper/financial websites headlines as most of it is generally misleading. Always read the report yourself and do some number crunching for your own conclusion.

Private placements means issuing new shares for private investors. Whenever new shares are issued whether by private placement, rights/warrant issue etc. the profit distributed among the shares will be lesser per share.

More people means smaller slice of pie for everyone.

Nominate for what purpose?

You really have to read the basics of stock market. We will just be repeating here again what has already been told before. I suggest you visit Investopedia and go through their short tutorials on stock market basics. It will help you understand a lot more about the system.

I suggest you read more into the stock market before jumping in. Volume itself is not indicative of how good a stock is, all it shows that it has the market's attention for the day. High volume does not mean good or bad.

Go to Investopedia and learn through the tutorials on how the stock market works. Learn the different strategies of investing, trading, value calculations and report reading. Good luck.

This really depends on your account activity. If you have a good history of payment and trading, normally they will increase the limit to allow you to trade more easily, up to a point of providing very favourable discounts on trading and margin facility.

But normally new accounts are limited in their benefits, and they may prevent you from buying more than what you have into your account.