Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
14 Pages  1 2 3 > » Bottom

Outline · [ Standard ] · Linear+

 Q&A, General question on stock market

views
     
cherroy
post Jan 15 2008, 03:05 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(wenjie86 @ Jan 15 2008, 12:57 PM)
hi guyz, am new here
wanna ask ya, i got CDS account but dont have trading acc.. so, still can buy stock?
*
Not possible, you need a trading account for the transaction.

QUOTE(smartly @ Jan 15 2008, 02:23 PM)
Strange ??? why no trading account, when you sign up an CDS account with a broker it should come with it. If no trading account of course cannot trade, i presume....
*
Possible as one can always only open only CDS to keep their shares if they don't intend to trade eg. you don't have any CDS when applied IPO for shares, you open an CDS for this purpose but don't need trading account to apply for IPO.
There is no rules that one must open a trading account when open a CDS account, although it doesn't make sense not to have one (trading account) but one can always only open CDS to keep their shares only, and want to trade open the trading account later.

QUOTE(TopGunn @ Jan 15 2008, 02:28 PM)
Give a call to your remiser, he/she will cleared your doubts.
*
He/she got no trading account, then means he/she doesn't have a remiser serving for him/her.

This post has been edited by cherroy: Jan 15 2008, 03:06 PM
cherroy
post Jan 16 2008, 05:31 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(panasonic88 @ Jan 16 2008, 02:04 PM)
dont depend on ppl, it is your own money
enjoy the learning process as you go along
*
Yup, it is your hard-earned money, so decide on your own.

If 'follow' people, then people go to 'Holland', you also go to 'Holland'. The worst part other people may know why they go to 'Holland' but you follow people to 'Holland' also don't know.


cherroy
post Mar 16 2008, 10:26 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(tweakity @ Mar 16 2008, 10:01 PM)
Hi guys. this might be a little out of topic, but i hope someone can help

-the senario-
let's say i buy a share at RM1.00... then after it has reached RM1.10 i decided to sell... using online trading service, key in sell at RM1.10. then transaction confirmed...then queued up....then Q up 10 mins already still got sold yet, price dropped to RM1.05. not sure if my order will be sold at RM1.05? or will keep waiting until price go up to RM1.10 again.
-the senario-

i read from some post in another thread that m'sian online trading services (HLe, that guy using) don't allow you to cut loss, because once you set selling price, the shares will be sold off instantly. Can i use this method? by selling at RM1.00, then any price at or more than RM1.00 will be sold?
if not, will have to chase after selling price and lose the best selling price.

hope someone familiar with HLe can help.
*
If you queue at 1.10 but not matched then the Q will leave it at 1.10 unless you cancel it or expired (market close all Q automatically being cancelled). It won't be sold at 1.05, as your order is at 1.10.

If you key in selling/buying price then being matched then it is considered the transaction being completed, otherwise (not yet matched) you can cancel your order at any time as you wish and re-key in the new order.

I reckon you are not familiar how trading being done.\

There is no automatical selling/buying mechanism, you need to key in you exact order and price you want to trade.


This post has been edited by cherroy: Mar 16 2008, 10:27 PM
cherroy
post Mar 18 2008, 10:36 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(tweakity @ Mar 18 2008, 06:28 PM)
i know it won't be sold.... but i wanted to test if i queue up at RM1.00 instead of 1.10.... Q Q Q if price drop to 1.05, will it sell. because 1.05 is still more than 1.00. I queue at RM1.00 instead of RM1.10. because if this can work, i straight key in RM0.80 then confirm sell. given that i monitor the price....really drop until RM0.80 die already. ^^
because cancel order, then queue at RM1.05 again...key in key in halfway drop to RM1.00 already...zzzz.....
if need exact amount then too bad.... online trading so slow....cannot set different conditions too. no wonder cheap cheap. ^^
*
Dude,

If the market price is 1.05, if you key in 1.00, it straight away will be matched! whistling.gif

Too much money to burn? biggrin.gif people bid for 1.05 then you give them at 1.00? rclxub.gif

No offence.


Added on March 18, 2008, 10:38 pm
QUOTE(Saint 1984 @ Mar 18 2008, 04:29 PM)
guys.. i have a question here.  may i know what software are you using to monitor KLSE and FKLI(futures).

i've searched every inch of google and only manage to find jstock which shows me KLSE.  cant mange to get my hands on FKLI. 

Some help please? ^^
*
http://www.bursamalaysia.com/website/bm/ma...derivatives.jsp

This post has been edited by cherroy: Mar 18 2008, 10:38 PM
cherroy
post Mar 18 2008, 11:16 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(skiddtrader @ Mar 18 2008, 10:48 PM)
I think his problem is he wants to throw his shares fast but because of the lag in the system, everytime he wants to sell at the current offered price, the prices drop just before his orders are executed. Meaning he sees the Buy orders at RM1.05 and he wants to sell all his shares, but due to lag of his online platform, before he complete his orders the prices already drop to RM1.00 and because of that, the system queue his orders at RM1.05 instead of the current buying price of RM1.00.

So in other words, he needs to cancel his queue at RM1.05 and then try to sell his shares at the current RM1.00 but again he feels frustrated because before he can put in his order for RM1.00, it drops to RM0.95 and so on and so forth.

So what he is asking is if he wants to throw his shares, he will anticipate the the lag of his online trading platform and put his sell order below the buying order so even if it lags, it will be sold to the highest bidder at that moment. So even if he keys in RM0.80 but the buy order is still RM1.00, his shares will still be sold at RM1.00 instead of his order of RM0.80.
*
Ok I see.

But with this kind of strategy, you might risk if no or not enough queue in the buyers, you order might be done at 0.80. It can happen only those low liquidity stock.
There is another kind of order called, 'also sell/buy', I don't think online system got it currently. In manual order of remisers key in one, you can do it, aka take the best bid or ask and done straight away.

Only occassionally when market is so volatile until above mentioned scenario will happen. Price generally won't move so fast one in normal trading day.
In those kind of volatile session, the best solution is take up the phone and tell your remisers to 'key in' the 'also sell/buy' order.


cherroy
post Mar 20 2008, 02:08 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(tweakity @ Mar 20 2008, 11:14 AM)
Yeah... that's what i meant. My online trading is too slow. i always miss the best price...
if current price is let's say 1.00, i key in 0.80..... then dropped to 0.95.... it will be sold at 0.95 right? not 0.80 i hope? can i tell what online trading service i'm using here? so you guys who used it before knows exactly how it operates.
*
It will be done at 0.95, but it depends on the buyer queue quatity also. If you order is more than the buyer cummulative, it will be done at 0.80.

But what if suddenly the 0.95 buyer queue being withdraw then left with 0.85, then your order will be done at 0.85.

You can tell us which online trading service you are using, no problem with that.
cherroy
post Mar 23 2008, 05:48 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(tweakity @ Mar 23 2008, 01:00 PM)
i'm using HLebroking. ^^
i've tried on friday. Price at 3.32... i Q at 3.30... sold at 3.32. so it will be sold at current price. cannot set too low, if price suddenly drop rugi a lot.
thanks for all the help guys...

what about buying Q? let's say current price 1.50... Q at 1.35... suddenly drop to 1.25. will it BUY at 1.25? hihi. using online trading need to maximize online services capabilities.
*
It depends on the Q cummulative also (aka quantity). If buy Q at 3.32/10 lots but you key in 3.30 of 100 lots then your 100 lots will be done at 3.30.

Your buying price of 1.35 will be done. The price can drop to 1.25 without done at 1.35 of your Q.
cherroy
post Jun 10 2008, 09:22 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(shoduken @ Jun 10 2008, 06:54 PM)
Hi guys tumpang thread, I'm new too and plan to invest. So I read up this thread and it's very informative, but there's something I don't quite understand above.

What is 3.32/10 lots?
Then 3.30 of 100 lots?

Cheers.
*
Price / quantity of shares bid/ask(buy/sell)
cherroy
post Jun 20 2008, 11:26 AM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(shoduken @ Jun 20 2008, 11:23 AM)
If I buy a stock at rm 1 price, and I want it to auto sell when it reach rm 1.10, can I do it automatically on the sell button stating sell at rm 1.10?
*
It depends on online portal you are using. Some have order feature that 'good until xx date' one, then yes, you can. Your order of 1.10 will automatically being key in into the trading system everyday to Q.
cherroy
post Jul 23 2008, 09:21 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(chin20350 @ Jul 21 2008, 07:07 PM)
I have a question which is is there any securities institution provide short selling of bond and stock in Malaysia???

i know the risk of short selling and i would like to invest do short selling but can't find out how to do short selling...

And in case of sharp interest increase (3-4%) in Malaysia, what kind of investment should i do to make profit during the high interest rate??
i only can think of short-selling stock and bond during the high interest rate...

Sharing of any idea will be appreciated.. Thx
*
Bonds I think (not 100% sure) one can't short it in Malaysia. But for stocks, there is a regulated short-selling mechanism in place already on certain designated stocks approved by SC that can be short-sell.
To short stocks, one needs to borrow the shares first from investment banks, then place in short-sell list (I forgot what they call it, somehow just a list of numbers of shares being placed for short sell), then one can start short sell it. It is a tedious and troublesome procedure, even fund managers reluctant to do it.
Not to mention, individual, whereby investment banks won't be interested to lend you a few ten of thousand shares only, right?
cherroy
post Aug 7 2008, 09:13 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(dreams_achiever @ Aug 7 2008, 08:48 PM)
Not necessary as it may rally above IPO price. who knows?
I did seen some analysts mentioned Perwaja valuation is above than IPO price. (Well, not all analysts are correct about their analysis. Dun trust much on it biggrin.gif)
*
It much depends on the market sentiment on the day, and also how steel stocks are performing in general.
cherroy
post Aug 22 2008, 01:35 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(YuNGSeNG @ Aug 22 2008, 01:08 PM)
Two Question :

1. Currently I'm using OSK188 online trading for about 2 month plus . Every transaction done , I will received letter from OSK , I just wonder will I received letter from BURSA (in every month or etc) ?

2. Normally after the stock distribute dividen , the price of the stock will drop or not ? Example : let say the price is MYR 1 , after distribute dividen 4sen , will the price become MYR 0.96 ?
*
1. If your CDS is active aka you have transaction, then Bursa will send you the CDS statement from month to month. If not, they won't and will only send about 6 months time or so if account is inactive (even though got shares inside)

2. Yes.
cherroy
post Aug 22 2008, 02:14 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(YuNGSeNG @ Aug 22 2008, 01:39 PM)
I already done few transaction in 2 month plus , but I never received any letter from Bursa before , is it normal ?
*
Yours one is nominee account or direct account with CDS?

Nominee account won't receive any statement from Bursa because you are not dealing with Bursa or having a CDS account with them.
cherroy
post Aug 22 2008, 02:28 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(YuNGSeNG @ Aug 22 2008, 02:22 PM)
How to know wheather mine is nominee account or direct account ?
*
Mind to tell what investment bank or broker you use? Then can know already.
cherroy
post Aug 22 2008, 02:29 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(YuNGSeNG @ Aug 22 2008, 02:28 PM)
OSK188 online trading ...
*
Then do you open a CDS account at that time?
cherroy
post Oct 21 2008, 02:33 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(sueway @ Oct 21 2008, 02:22 PM)
noob here, please correct me if the following definition is wrong, thanks in advance

volume = lot traded = 100 shares
odd lot = less than 100 shares
*
Yes.
cherroy
post Nov 1 2008, 09:49 AM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(tkwfriend @ Nov 1 2008, 09:14 AM)
and what does it mean by 0.420%  ?
*
The 0.42% brokerage fee won't have any effect on your transaction because, it is still below the Rm28 min brokerage rate.

Total worth of share x 0.42% = brokerage fee

if it is
48,000 x 0.42% = 201.6, so you brokerage fee is 201.6

4,800 x 0.42% =20.16, it is below min of 28, so Rm 28 is being used.


Added on November 1, 2008, 9:51 amCapital repayment is work like some sort, you give me Rm1.00 but company doesn't utilise the money and decide to return back the money to the shareholders.
So eg. you invest in a share the par value is Rm1.00, but company decided to give back the extra money, let say Rm0.50, so par value will become Rm0.50 and you will be given a cash cheque of Rm0.50.

This post has been edited by cherroy: Nov 1 2008, 09:51 AM
cherroy
post Nov 1 2008, 10:01 AM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(Kamen Rider @ Nov 1 2008, 09:58 AM)
I tot today minimum RM40....

*
Phone min Rm40
Online min Rm28
Nominee account, min varies from Rm28 to Rm8.88.
cherroy
post Nov 5 2008, 03:13 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(freedomlonely @ Nov 5 2008, 01:50 PM)
Hi, me again, I know that lowyat gt many pro and sifu at here? As we know that Warren Buffet can become world richest man is not because

he is pro in trading in stock market.... because he believes the power of compound percentage rate for his investment toward the stock that he buy...

He know hw to calculate and estimate the price and P/E of the stock he buy after 10 years,

any pro know hw to calculate and estimate the price and P/E for stock at future?
*
It is not he knew how to calculate, but he knew those company profit is going to rise because of the strong fundamental of company future.

Future PE is depended on future earning/profit.
cherroy
post Nov 7 2008, 04:27 PM

20k VIP Club
Group Icon
Staff
25,802 posts

Joined: Jan 2003
From: Penang


QUOTE(boost868 @ Nov 7 2008, 12:55 AM)
Hi All,

Any idea where to look for remiser in JB? Do they work on Saturday?
*
Most work 5 days only.

QUOTE(DarkForXe @ Nov 7 2008, 04:12 PM)
what's
3rd buy 2nd buy 1st buy
1st sell 2nd sell 3rd sell?

if i am going to buy in some unit. which price should i be looking at?
what is exactly buy price and sell price?
sorry. i am really new in this. need to learn first before i invest anything. thank you.
*
If you want staight away the transaction done, look at 1 sell price, you will get it straight away, if not can put in 1 buy to wait somebody to sell it to you.

Google around and see how transaction being done, then automatically will understand. A simple example on real transaction being done is much easy to understand than a thousand word to describe it.

14 Pages  1 2 3 > » Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0518sec    0.31    7 queries    GZIP Disabled
Time is now: 27th November 2025 - 01:17 PM