KLSE Stock Review

I'd say with RM2000 you're better off putting your money in some unit trust. Learn how to invest and then you can dive into the stock market. I doubt as a new investor you will be able to beat unit trust performance. Plus your funds are so limited and you are a student. However, I must add that your time horizon for investing is rather short and you can even lose money with unit trust if you only keep for a year or two. We dont know what the market will be like. A time line of 3-5years will be safer.

Here is an article about investing with very little money like your RM2000 - http://klsestockreview.blogspot.com/2007/0...rk-for-you.html

For some useful info on stocks listed on Bursa Malaysia you can visit http://klsestockreview.blogspot.com

Yeah, the longer your investment horizon the less risk you're taking. Because you dont have to suddenly take your money out of the particular counter when market is unfavorable. Try picking some solid stocks. If you're not going to watch the market constantly dont bother with speculation stocks. Also some stocks like shipping and oil&gas might be great to earn money on but they are cyclical in nature. That means demand and supply for the products/service fluctuate and thus the share prices also fluctuate. So important to put your surplus money. I'm not a fan of construction and infrastructure stocks because it is very difficult to find undervalued counters in this sector. Because of their high visibility and media coverage their stock price is usually fully valued. However I do have some money in Muhibbah Engineering Bhd. All you need to do is come in and out of the market abt 3 times in a year and you have the potential to make more than active traders. Wait patiently for market to slide then attack.

My pick for you would be the likes of PBBANK, BJTOTO, KNM, VADS, IOICORP, ICAP, LIONDIV, RCECAP, MUHIBAH, PIE, AEON, RESORTS, GENTING. I also have a few unit trust funds with Public Mutual and some of them outpeform my stocks. I have Public Far East Select Fund, Public Ittikal Fund and Public China Ittikal Fund. Public Mutual has many brilliant funds.

You can visit my blog for more ideas on various stocks. http://klsestockreview.blogspot.com/

I've written a special article/post to answer all your questions on brokerage fees and any other trading cost. Its too long to write here. Do feel free to write me if you dont understand. The market is full of sharks, dont get into it unless you're fully informed and prepared.
Here is the link : Calculating Stock Trading Cost: Update 2008!

http://klsestockreview.blogspot.com/

KLSE Stock Review
Correct, the unused balance stays in your trading account and earns you an interest rate. Hong Leong i juz saw has advertised that the rate is 0.1%. But that should not really be your concern since you're only talking abt RM2000. The profit to break even on each stock and each trade differs.

Try this link for Hwang DBS break even calculator. Maybe it will help you. Bet way to understand is walk into a broking firm and ask them. Juz keep asking questions and you shall understand. I like people who are not afraid to ask. I remember when I used to be asking questions. It so hard to get answers isnt it? Coz everyone seems to have different answers...haha. But dont give up. Keep at it.

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

This post has been edited by klsestockreview: Jan 13 2008, 09:37 PM

1.CIMB INVESTMENT BANK BERHAD
2 HWANGDBS INVESTMENT BANK BERHAD
3 AMINVESTMENT BANK BERHAD
4 KENANGA INVESTMENT BANK BERHAD
5 OSK INVESTMENT BANK BERHAD
6 CREDIT SUISSE SECURITIES (MALAYSIA) SDN BHD
7 RHB INVESTMENT BANK BERHAD
8 ASEAMBANKERS MALAYSIA BERHAD
9 JPMORGAN SECURITIES (MALAYSIA)SDN BHD
10 CLSA SECURITIES MALAYSIA SDN BHD
11 UBS SECURITIES MALAYSIA SDN BHD
12 ECM LIBRA AVENUE SECURITIES SDN. BHD.
13 TA SECURITIES HOLDINGS BERHAD
14 MACQUARIE (MALAYSIA) SDN BHD
15 PUBLIC INVESTMENT BANK BERHAD

These are the top 15 brokers based on trading volume. Of coz they switch ranking around sometimes but its pretty much the same most of the time. These 15 brokers usually handle almost 80% of trades in Malaysia. There are few other small brokerage firms. I personally have an account with PM Securities in Klang.


http://klsestockreview.blogspot.com

Many of them offer for RM28. I use HwangDBS E'Invest.

I was reading The Edge and saw and advert for HLeBroking (Hong Leong). They offer a minimum brokerage rate of RM12. Thats pretty good. Maybe its worth checking out. Do check out all their terms and conditions before jumping and signing up with them. Also ask for how long they will keep it at RM12. Hong Leong is desperate to gain some market share with their brokerage firm so they are doing all sorts of things to capture more clients.

www.hlebroking.com
http://klsestockreview.blogspot.com/

I went to the site but found out its only for students of local universities. But of course you can play under a fake name but its not so much fun when you know you can't win no prizes. But still I feel its a good innitiative to get students to learn and get interested in the stock market.

Well put Cherroy! Very clear explaination about CDS and Trading accounts. Actually their names also explain their function. Central Depository System is where your shares are credited/deposited once you make a purchase of an IPO or on the open market. A trading account is simply an account you use to make trades.