Jun 15 2008, 11:15 AM
QUOTE
3. 1000 x RM2 = RM2000
RM2000 +( 0.6% or RM40 whichever is higher) + (0.03% clearing fees) + (RM1 Stamp duty for every RM1K) = RM2043.60 is what you have to pay. RM43.60 is the additional charges you have to pay your broker.
4. 1000 x RM2 = RM2000
RM2000 - (0.6% or RM40 brokerage charge, whichever is higher) - (0.03% clearing fees) - (RM1 stamp duty for every RM1K) = RM1956.40 is what you will get after you sell. RM43.60 is the charges you need to pay your broker for the 'SELL' transaction.
do u mean total 2 transaction buy and sell fees and charges is RM 87.20 ?RM2000 +( 0.6% or RM40 whichever is higher) + (0.03% clearing fees) + (RM1 Stamp duty for every RM1K) = RM2043.60 is what you have to pay. RM43.60 is the additional charges you have to pay your broker.
4. 1000 x RM2 = RM2000
RM2000 - (0.6% or RM40 brokerage charge, whichever is higher) - (0.03% clearing fees) - (RM1 stamp duty for every RM1K) = RM1956.40 is what you will get after you sell. RM43.60 is the charges you need to pay your broker for the 'SELL' transaction.
mean we need to sell at min price 2.09/unit to make profit from the stock?
RM 2.09 * 1000 is RM 2090.00
RM 90.00 - RM 87.20 is RM2.8
so our profit is RM 2.80
am i right for my calculation???
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