I am still quite blur abt it.

Let me illustrate:

The brokerage fees is 0.7% or RM40, whichever higher.

Say I buy Share A (total RM1000) & Share B (total RM10,000) in the same day, so the brokerage fees applicable to me is either RM40 or RM77, so it should be RM77, right ?

Say I sell Share A and Share B in the same day, then the brokerage fee is same as above (RM77), correct ?

And how about the case of buying and selling in the same day, is it consider as 1 contract, or two (1 for buy, 1 for sell) ?

This post has been edited by nujikabane: Jun 13 2009, 03:19 PM

Yes. Go to Popular or MPH, find this book... Stock Performance Guide - Malaysia by Dynaquest Sdn Bhd. RM70 selling price. If you buy from publishers they sell at RM66. If got Popular card, buy at Popular is RM63 after 10% discount.

I got mine yesterday at Popular @ RM63

Note that this book is publish twice a year as financial performances of companies will change.

Basically it is 2 contracts but it can be treated as intraday trade which majority charges as low as 0.15% brokerage fee.

Just it will be compiled it in one statement.

That clears the doubt I have, thanks cherroy

Perhaps my last question for the day is regarding the dividends.

Say, a company declraes a dividend payment of first & final of 3c, does that mean there will be two payment (1 for first, 1 for final) ?



And if the Company Z declares final 3c, is the calculation like this? :

Say I own 30,000 shares (300 x 100 shares) of Company Z, is the dividend that I will get is RM6 ? (30,000shares x RM0.02)

hi, im learning how to calculate dividend too..
isnt 30,000 X RM0.02 = RM600 ? do you to convert back to RM6 ??

LOL I might need new calculator
Anyway, let us hope for someone more knowledgeable to answer our question

Thanks for the reply VyvernS, relly appreciate it
Have been lookin hard for sumthing like dat for awhile. Anyway the book is just covering mainboard companies right? (dynaquest gt another book on SB but i tink its just until 2007)

This post has been edited by Level6: Jun 13 2009, 08:38 PM

You are welcome.

Second Board company is until 2005. But no harm to review their quarterly reports through Bursa site & also the companies own website. You should be clear their business type, P/L, Balance Sheet, Growth Opportunity, management, dividend yield, etc.

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Added on June 13, 2009, 9:11 pmI notice cherroy has not answer, so maybe i can clear this for you.

It means First & Final = 3 sen/share. Not 1 for First and 1 for Final.

So if you own 30,000 shares then it is 30,000*RM0.03 = RM900. I do not know where the RM0.02 came from, but that's the calculation. As long as you are sure it is 3sen/share dividend (see below explanation on Daya).

I noticed that you were querying on the Daya in earlier thread. Perhaps you may be asking about it. So this is something I got from Bursa site. You can find the link here:

http://announcements.bursamalaysia.com/EDM...3B?OpenDocument

Subject : DAYA - NOTICE OF BOOK CLOSURE

Contents : First and Final dividend of 3% less income tax at 25%. = There will be a one time dividend payout as First & Final Dividend of the Financial Year.

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 19 June 2009 ] = To qualify for the dividend, you need to hold the shares prior to and on to 19 June. Selling on 18 June, you will not receive the dividend.

2) The last date of lodgement : [ 23 June 2009 ]

3) Date Payable : [ 20 July 2009 ] = Company will issue the payment on this date.

Another important point to note is that Daya declared dividend of 3%. The par value for Daya is RM0.10. So if you convert your 3% into terms of RM, that will be (3/100)/(10) = RM0.003 and not RM0.03.

There is a difference when declaring in terms of % and sen. YTL Power commonly declares dividends in % too. So, if they declare 9% dividend, then it will be (9/100)/2 = RM0.045, as their par value is RM0.50.

I welcome anyone to correct or add on as this is for purpose of sharing knowledge. Thanks



This post has been edited by VyvernS: Jun 13 2009, 09:11 PM

thank you VyvernS,

referring to the Daya example above,

Do i have to deduct tax from the RM900 or the tax has already been deducted ?
if im not wrong the tax should be 25% unless it is stated "Exempted", right ?

Tax 25% unless TE.

Very thorough explanation @VyvernS, thanks a lot!

But if the company declare a final 5% and special 10%, what does that mean? Final 5% is understandable based on the information provided by you, but the special ?

And if based on Dyna, the ex-date is on 19th June, wouldn't the share price as at 18th June have reflected the dividend anticipated to be received on 19th June ?

Sometimes companies do extremely well. They may end up with large pot of cash, perhaps from investment. Instead of re-investing, they may want to distribute some of the cash as dividends to shareholders. This may not reflect the dividends on operational profits or may not be given out as a normal interim or final dividend. They declare it as a special dividend.

Uchi Technologies normally declares an interim dividend for Q2 results and final dividend for Q4 results, each of 6sen, sometimes more. Occassionally there is a special dividend.

http://announcements.bursamalaysia.com/EDM...0B?OpenDocument

http://www.investorwords.com/5796/special_dividend.html

On your 2nd question, as long as people feel the company is good to buy into at x price, the price can continue to rise.

For e.g. Z company declares 10sen dividend for its share worth $1.00 on 25th May, with ex-date 26th June. Would you not say that 0.1/1 is a good dividend? 10% returns? People would still continue to purchase the share if they feel the company has good dividends and growth. So they will trade until 25th June, by which time the share price could be $1.50.

This is an example. So on 26th June, the ex-date, the share price would then only reflect the new value after ex (probably $1.40), retaining the price it has gained over the 1 month trading period since it declared the dividend.

If the market was horrible during that time, the opposite could be true. Price may drop to $0.80 and after ex- it will show as $0.70. So share price cannot be reflective of dividend before ex, as many other factors may drive it up or down.

If you study Uchi Technologies, their share price in Feb 2009 was $0.75. End of year results (on 26/02/09) proposed a 6sen dividend. 6/75 yields 8% dividend. Good isn't it? So if investors believed that the company can continue to provide such good dividends and it is below the price it should be at, then they will buy the share and the price is driven up. It closed at $1.21 on Friday, but the highest it hit in the last 3.5 months was $1.40. And it's ex-date still not yet reach (26/06/09). And there's still the possibility of another 6sen Interim at the end of the year. So 6+6=12, for a $1.20 share, is about 10%. Better than the Sukuk.

To all other readers, this is not a promotional for Uchi Technologies. I use it as an example, because this is one of the companies i am more familiar with. If you find that the dividend yield whets your appetite, please do your necessary homework to make your decision. Uchi Technologies did not have a spectacular Q1 earnings and came in below most research house expectations.

tomoro i will go to OSK to open an account. anything i need to be aware?

uhmm... need help here..

lets say my orders are partially matched...

500units matched out of 2000....

do i need to pay brokerage for the 500units ?
if need to pay then i


thank you...

You need.

Dividend is 3%. The par value for Daya is RM0.10. so (3/100)/(10) = RM0.003
May i know where is the 10 come from?Isit the par value RM0.10?
How about this?
if 9% dividend, then it will be (9/100)/2 = RM0.045, as their par value is RM0.50.
Where is the 2 come from?
What is the Par value mean for?
im a little bit confuse ,please help me thks.

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Added on June 17, 2009, 1:47 pmthe RM40 isit the minimum brokerage fees?why not RM40, is RM77?

This post has been edited by Andy LAW: Jun 17 2009, 01:47 PM

When a company start, you have initial capital aka paid up capital.

Let say you start with 100K capital, so in your company the money is represented by either 1 share of Par value of 100K
or
100K shares of Rm1 par value each.

There is no strict or regulation at what level of the par value should be. But for convenience sake, a lot is using Rm1 as par value.

Guys about the PE + EPS thing

Example GPA

P/E = 31.46
EPS = 0.33

31.46 x 0.33 = 10.3818

mean the share price today worth RM 10.3818 or 10.3818 cents as in the current stock price 0.105

Sorry I make any noob calculation here

Maybe some rounding error or updating problem (portal normally show PE based on closing price the day before).

Hi guys, i have a question regarding the stamp fee.

Lets say i were to buy a share at 0.835 20000 shares online and sold it at the same day. THe rate is 0.15% right?

So its 20000*0.835*0.15% = RM25.05
As mentioned earlier, the minimum brokerage fee is RM40

Must i pay the RM25 or RM40?
Is there any other fees that i must account beside the RM40? Or the total cost is only RM40?