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Q&A, General question on stock market
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masterjedi
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May 10 2009, 12:19 AM
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im very confius with how the system macthed the stock for me. for ur information i'm retail account holder im not using margin account.
for example one
ABC share buy at 1000 unit at 5/5/2009 (already pickup) price rm 1.00 ABC share buy at 1000 unit at 7/5/2009 (outstanding) price rm 0.90
when i sell on 10/5/2009 with the system will macthed form me the outstanding share or the stock that have been alredy pickup?
example 2
ABC share buy at 1000 unit at 5/5/2009 price rm1.50 (outstanding) ABC share buy at 1000 unit at 6/5/2009 price rm1.00 (outstanding)
when i sell 1000 at 7/5/2009 unit ABC share which date it will macth the 5/5/2009 or 6/5/2009.
can i ask my remiser to macthed the buy and sell using manually, because my remiser told me i cannot do that because im not using margin account.
need help.. from u all
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masterjedi
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May 10 2009, 12:45 AM
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QUOTE(john123x @ May 10 2009, 12:31 AM) the date u buy doesnt matters, because ur buying the same stock. stock ABC brought on 5/5 is 100% identical with stock ABC u brought on 6/5. there is no way to difference them. example 2: ABC share buy at 1000 unit at 5/5/2009 price rm1.50 (outstanding) ABC share buy at 1000 unit at 6/5/2009 price rm1.00 (outstanding) summary: u will have 2000 share of average buy price of 1.25 even if u sell 1000 at 7/5/2009 at example price 1.20 (u still suffer loses without any profit because its RM1.20 is lower than ur average buy price.) the true story i buy 1000 unit kencana at 1.70 ( alredy pickup) buy 1000 unit kencana at 1.75 (outstanding purchase) the system will macthed with with status? the alredy pickup or the share with outstanding purchase. the true story is i sell my stock 1000 unit at 1.80 and consider it will macthed with stock that alredy pickup but it matched with stock is still outstanding.. is the true way how the system macthed the stock.. clear first the outstanding share first?
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masterjedi
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May 10 2009, 10:51 PM
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QUOTE(cherroy @ May 10 2009, 10:21 AM) Surely it will be matched with the outstanding shares, so that you don't need to pay up, convenient on both side. Whenever you sell a share, the system will automatical find whether you have outstanding purchase to offset it. thanks cherroy but how the system will pickup like example bought 1000 unit kencoana at 1.73 (outstanding purchase) 0n 5/5/2009 bought 1000 unit kencana at 1.76 (outstanding purchase) on 6/5/2009 then i sell 1000 unit kencana on 7/5/2009 which date will the system pickup the 1000 unit at 5/5/2009 or 1000 unit at 6/5/2009 which date the system will offset the sales?
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masterjedi
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May 10 2009, 11:06 PM
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QUOTE(cherroy @ May 10 2009, 10:56 PM) The earlier one. 1.73 5/5 thanks again cherroy.
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masterjedi
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May 11 2009, 09:57 PM
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hai everyone
just want ask again about how system macthed the sell stock
example;
1000 unit kencana at 1.70 5/5/2009 (already pay) 1000 unit kencana at 1.75 6/5/2009 (already pay)
sell kencana 1000 unit at 1.82 on 15/5/2009. which date the system will macthed the 1.70 5/5/2009 or 1.75 6/5/2009.
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masterjedi
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May 11 2009, 10:53 PM
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QUOTE(YuNGSeNG @ May 11 2009, 10:39 PM) You already pick up 2000 units shares. Why want to worry the system will match which one ? Since no outstanding, then system will just deduct 1000 unit shares from your CDS account. Correct me if I'm wrong. first thanks for reply. but which one the system will match the 1000 unit of 1.70 or 1000 unit of 1.75? im big confius. or system will make an avarage price for 2000 unit at the diffrent date and macthe it with the selling price 1.82 and 1000 unit?
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masterjedi
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May 12 2009, 07:08 AM
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QUOTE(ks3114 @ May 12 2009, 12:12 AM) The system will only record that u have bought 2000 units and there is a balance of 2000 units in ur CDS account. So when u sell, all they do is deduct 1000 units and pay you for the 1000 units u sold (which is at 1.82). hem. if like that, if the system macthed with 1000 unit with the price 1000 unit woth 1.75, the profit margin is lee compare to if the system macthed with 1000 unit at 1.70.. or the system with also using FIFO for the already pickup share that mean it will take the first 1000 share that have been clear if nothing outstading share is around.
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masterjedi
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May 12 2009, 09:55 PM
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QUOTE(cherroy @ May 12 2009, 10:04 AM) The system only registered how many share you have. They don't know how much you bought, they don't care. (if have paid and pick up) It is your own calculation, which whether match which one on your own side, doesn't matter, it is same. The system only care about the outstanding share you have not paid, which they will offset the outstanding share first if you sell. thanks ur make my mind more clear went to sell my share. thank you.
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masterjedi
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Nov 25 2010, 01:30 PM
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QUOTE(cherroy @ Nov 25 2010, 01:27 PM) It is as as same as right issue, just it is not allocated to the shareholders across but for specific investor/entity. wow kpj sudah jalan... good for me..
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masterjedi
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Nov 25 2010, 02:00 PM
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QUOTE(teehk_tee @ Nov 25 2010, 01:33 PM) bro u salah thread la  not key in salah ma.. still stock issue what. heheheh
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