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 Q&A, General question on stock market

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twhong_91
post Nov 4 2011, 11:48 PM

01.01.2012
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From: Bolehland



Hello guys, im newbie too. May i know what does short selling mean?

twhong_91
post Nov 5 2011, 10:30 AM

01.01.2012
******
Senior Member
1,637 posts

Joined: Mar 2010
From: Bolehland



May i know how to calculate the online brokerage fees? For example, HL bank offers
>0-100k: 0.38%
>100k: 0.18%
RM12 minimum brokerage

Lets say i buy 1 lot, then 1x100= RM100 + brokerage fees (0.38%xRM100), total is RM100.38 to buy 1 lot of stock?
or
1 lot, 1x100= RM100 + RM12 brokerage fees, total is RM112?

This post has been edited by twhong_91: Nov 5 2011, 10:30 AM
twhong_91
post Nov 5 2011, 10:55 AM

01.01.2012
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Senior Member
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Joined: Mar 2010
From: Bolehland



QUOTE(gark @ Nov 5 2011, 10:40 AM)
You have to pay the minimum amount, which is RM 112.
*
How about the 0.38% brokerage fees?

And, what is Paperwork on corporate exercise? Because according to this website, http://1-million-dollar-blog.com/compariso...es-cds-account/

direct CDS account holders have to handle the paperwork on corporate exercise. ohmy.gif

twhong_91
post Nov 5 2011, 07:26 PM

01.01.2012
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Senior Member
1,637 posts

Joined: Mar 2010
From: Bolehland



QUOTE(gark @ Nov 5 2011, 07:11 PM)
If u buy 100 units x RM 1 then you pay RM 100 + RM 12 minimum because RM 100 x0.38% is less than RM 12.

If you buy 10000 units x RM 1 then you pay RM 10,000 + RM (10,000 x0.38%) =  RM 10,038

Basically if you buy less than RM 3,158, then you have to pay minimum RM 12, above the amount then you get to calculate your brokerage rate.

And also you need to pay clearing fee of 0.03% plus stamp duty of RM 1 for every multiples RM 1,000 trade.

So back to the example, if you purchase 100 units x RM 1 stock, then you have to pay the fees below

Brokerage = RM 100 x 0.38% = RM 0.38 , but since it is less than RM 12, you must pay RM 12
Clearing Fee = RM 100 x 0.03% = RM 0.03
Stamp duty = RM 1 for every multiple RM 1,000 trade, since you figure is < RM 1000, so you pay the minimum RM 1

Total fees = RM 12 + 0.03 + 1 = RM 13.03, so you have a pay a total of RM 100 (share)+ RM 13.03 (fees) = RM 113.03

Remember you pay the fees for BUYING and also SELLING.  tongue.gif  Generally to minimize fees, you need to trade at minimum of RM 3k per purchase.
*
Thanks, now I have a clearer image. thumbup.gif

QUOTE
Remember you pay the fees for BUYING and also SELLING.  tongue.gif  Generally to minimize fees, you need to trade at minimum of RM 3k per purchase.
*
What you mean is when I want to sell the shares, I hv to pay for the brokerage, clearing fee and stamp duty again?


twhong_91
post Nov 5 2011, 10:18 PM

01.01.2012
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Senior Member
1,637 posts

Joined: Mar 2010
From: Bolehland



QUOTE(Icehart @ Nov 5 2011, 07:51 PM)
Yes you have to pay again for clearing fees and stamp duty.
*
Thanks for your prompt reply. thumbup.gif


Added on November 10, 2011, 10:31 am
QUOTE(gark @ Nov 5 2011, 07:11 PM)
If u buy 100 units x RM 1 then you pay RM 100 + RM 12 minimum because RM 100 x0.38% is less than RM 12.

If you buy 10000 units x RM 1 then you pay RM 10,000 + RM (10,000 x0.38%) =  RM 10,038

Basically if you buy less than RM 3,158, then you have to pay minimum RM 12, above the amount then you get to calculate your brokerage rate.

*
Quick question, if i buy above 3158, lets say RM3500, then i have to pay RM13.3 for the brokerage fee, right?

This post has been edited by twhong_91: Nov 10 2011, 10:31 AM
twhong_91
post Nov 20 2011, 04:35 PM

01.01.2012
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Senior Member
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From: Bolehland



QUOTE(heavenly91 @ Nov 20 2011, 01:28 PM)
What is cds?
==
I am new so no short form pls..
*
http://1-million-dollar-blog.com/how-to-op...bursa-malaysia/
twhong_91
post Jan 29 2012, 12:51 PM

01.01.2012
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Senior Member
1,637 posts

Joined: Mar 2010
From: Bolehland



anyone using tab/ipad to trade share? what does the platform look like? is it similar to windows platform?

thinking to get a tab/ipad.
twhong_91
post Mar 6 2012, 05:20 AM

01.01.2012
******
Senior Member
1,637 posts

Joined: Mar 2010
From: Bolehland



QUOTE(lifeless_creature @ Mar 6 2012, 01:03 AM)
hie sorry newbie on technical tools from brokers, which brokers offering those chart drawing data/tools for free ar? Eg. if I need RSI, volume MA, volume, bollinger bands, etc. ? If need extra charge, how much?? THankss..
*
most of the brokers do offer those software, e.g, HLE, OSK and etc. It's free of charge. Maybe you and try to use ChartNexus. biggrin.gif
twhong_91
post Nov 7 2012, 09:31 AM

01.01.2012
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Senior Member
1,637 posts

Joined: Mar 2010
From: Bolehland



hello guys, do you know where can i get financial data such as dividend yield and price-earnings ratio? from 2004 to 2011? do i have to calculate myself?
twhong_91
post Mar 15 2014, 01:14 PM

01.01.2012
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Senior Member
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Joined: Mar 2010
From: Bolehland



Destini has acquired Samudra Oil Services, a wholly-owned subsidiary of Kejuruteraan Samudra Timur, for RM80m. The acquisition will be fully satisfied via the issuance of 228.6m Destini Shares at 35 sen per share.

issuance of destini shares, may i know is it mean that KST is now one of the stakeholders of Destini?
twhong_91
post Jul 13 2014, 11:09 PM

01.01.2012
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Senior Member
1,637 posts

Joined: Mar 2010
From: Bolehland



QUOTE(berdorki @ Jul 13 2014, 08:26 PM)
which online broker platform do you guys use? is maybank any good?
*
lousy platform, try other alternatives, such as hlebroking. i have been using it since 2011 and no problem at all. biggrin.gif
twhong_91
post Jul 14 2014, 08:43 PM

01.01.2012
******
Senior Member
1,637 posts

Joined: Mar 2010
From: Bolehland



QUOTE(berdorki @ Jul 14 2014, 07:43 PM)
OOh...Lousy as in how? Not user friendly? I'm considering between Maybank, RHB and CIMB ITrade actually. But might explore HLEbroking too.
*
sometimes the platform can't log in, etc but not my personal experience, just some others' forumers' experience. smile.gif

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