this is bercanggah wo.. so which one correct?

i tot only the buy and sell price exactly matched only can trade?
if not.. then wat to do with the differ amount???

I believe it is min commission only. If one buy RM1 million worth of shares then they still charge Rm8.88 meh?
Any CIMB users can clarify it?

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Added on April 14, 2008, 2:53 pm

Sure abou it?

What if someone want to buy Rm500K or Rm1 miilion worth of shares? still charge 8.88? Then need to put how much money inside before can trade?

or just a intraday trade commission?

If no interest, then mean one is losing Rm25 on the 10K if put in for 1 month time. (with 1 month FD 3%)

A minimum deposit of RM10,000 for opening of Clicks Trader Account in order to enjoy RM8.88 brokerage fees (No interest earning)
Your Clicks Trader Account must have a balance of RM10,000 at all times in order to have a trading limit (money deposited is solely used for trading)

Regarding  those big companies (making tons of profit every quarterly like genting/resort), should allocate good benefits to shareholders when the economy is good. there is no excuse for saying allocated funds to mega project and dont give good dividend bcos need all the funds to fund the mega project or take over. if everytime also have mega projects / takeovers  no need to give. just an excuse not to say not making profit every quarterly.

shareholders nowadays look for quick profits and not long term anymore or go along with the company and support the company by buying more shares to fund there projects or take over. unless its there own company in order to hold or excess funds.

what is the purpose of buying shares? $$$

Giving good dividend shows that the company is capable of allocating and reward shareholders when the economy is good. not providing capital for the company to boost projects or take over.

this will only benefit the owners by using public funds to support projects and take over bcos is their company.

Ability to tell shareholders to buy their shares to support it, the company is good which sells and not the shareholders(buyer) who is buying it.

Funding of project is by borrowing bank loans and right issue.

if a company does not reward shareholders, nobody or foreign/local institution will not buy their shares unless its their own abang adik company buying it just to tempt shareholders (it can be a trap as well) saying alot of people buying and selling volume etc.

The rewarding part is not there if no dividend,capital repayment etc. unless shareholders buy at right the timing of buying the share which goes up and down. what for put so much $$ to the company which dont reward the shareholders at all. Not cheap buying their shares to hold and their shares is price is not progressing at all. the risk is high due to political issue, oil price going up,subprime issue anything can happened overnight or in time to come.

there maybe alot of factor nothing is guarantee high earning just +- internal or external factors like - all expenses, salary hike,bonus,increment, debtors,expenses etc remainder is profit for shareholders. Generate more cash flow for the company to grow is by selling shares without interest on it whereby bank borrowings interest is high in order to maintain the company stability,growth and profit.