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MayBank shareholder Group
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HumbleBF
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 Oct 12 2021, 03:42 PM
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QUOTE(adele123 @ Sep 27 2021, 03:16 PM) Depending on the current share price and dividend received, it may be that the "benefits" are not high to do the DRP. Or indeed the cost may be larger compared to if you just buy the share as normal. The cost of doing DRP is rm13. I think my paper gain from doing DRP is only rm20 ish. Nett gain around rm7 to8. This number based on last friday closing price of rm8.10. If anything lesser... buying the new shares on own is cheaper Buying new shares will be rm8 for me via hlebroking. But this really depends on the persons's holdings quantity. If i have more shares, the answer would have been a good yes. Because the cost is still fixed to rn13 Why dont you transfer share to Rakuten and take advantage of the fee waiver |
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adele123
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Oct 12 2021, 08:44 PM
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QUOTE(HumbleBF @ Oct 12 2021, 03:42 PM) Why dont you transfer share to Rakuten and take advantage of the fee waiver What fee waiver? Anyway for me is best to have own account, dont want nominee ba. Hle broking min brokerage rm8. To me it's pretty good. |
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SUSvery polite
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Oct 12 2021, 10:05 PM
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New Member
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regret didnt apply for the drp. share suddenly shot up.
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HumbleBF
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Oct 12 2021, 10:59 PM
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QUOTE(adele123 @ Oct 12 2021, 08:44 PM) What fee waiver? Anyway for me is best to have own account, dont want nominee ba. Hle broking min brokerage rm8. To me it's pretty good. Neh, there's a few of them using Rakuten and applied DRP to get the RM10+3 (STAMP DUTY) waive. |
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cklimm
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Oct 13 2021, 12:24 AM
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QUOTE(HumbleBF @ Oct 12 2021, 10:59 PM) Neh, there's a few of them using Rakuten and applied DRP to get the RM10+3 (STAMP DUTY) waive. Wow, this is really a charity for small retails like us. |
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SUSxander83
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Oct 13 2021, 01:43 AM
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QUOTE(adele123 @ Oct 12 2021, 08:44 PM) What fee waiver? Anyway for me is best to have own account, dont want nominee ba. Hle broking min brokerage rm8. To me it's pretty good. RM8 per trade while Rakuten is cheaper in the market even if it is nominee as no difference owning or through nominee has quicker access in terms of liquidity when selling  |
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Yveatel
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Oct 13 2021, 07:14 AM
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QUOTE(xander83 @ Oct 13 2021, 01:43 AM) RM8 per trade while Rakuten is cheaper in the market even if it is nominee as no difference owning or through nominee has quicker access in terms of liquidity when selling do you mean the iSPEED.my application by Rakuten? |
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SUSxander83
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Oct 13 2021, 01:40 PM
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QUOTE(Yveatel @ Oct 13 2021, 07:14 AM) do you mean the iSPEED.my application by Rakuten? Yes it is |
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zstan
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Oct 13 2021, 04:15 PM
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QUOTE(adele123 @ Oct 12 2021, 08:44 PM) What fee waiver? Anyway for me is best to have own account, dont want nominee ba. Hle broking min brokerage rm8. To me it's pretty good. don't sign up for the wrong account. i signed up for the normal one not sure why became the leveraged one  much more expensive |
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SUSxander83
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Oct 13 2021, 08:37 PM
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QUOTE(zstan @ Oct 13 2021, 04:15 PM) don't sign up for the wrong account. i signed up for the normal one not sure why became the leveraged one much more expensive With contra and margin account? Just sign up the cash account will do  |
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zstan
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Oct 13 2021, 08:42 PM
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QUOTE(xander83 @ Oct 13 2021, 08:37 PM) With contra and margin account? Just sign up the cash account will do Yup. Only good thing is I can buy and pay later lol |
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SUSxander83
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Oct 13 2021, 09:00 PM
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QUOTE(zstan @ Oct 13 2021, 08:42 PM) Yup. Only good thing is I can buy and pay later lol Just calculate the overall charges still than cheaper than Maybank IB The only thing good with Rakuten no fees if contra buy sell within the same day which those who like to gamble will gain more This post has been edited by xander83: Oct 13 2021, 09:01 PM |
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zstan
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Oct 14 2021, 11:42 AM
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QUOTE(xander83 @ Oct 13 2021, 09:00 PM) Just calculate the overall charges still than cheaper than Maybank IB The only thing good with Rakuten no fees if contra buy sell within the same day which those who like to gamble will gain more whatever dividend i've earned from maybank already more than enough to cover the fees  no plans to buy anymore shares |
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zstan
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Oct 21 2021, 03:55 PM
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Dividend is in today!
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AthrunIJ
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Oct 21 2021, 04:53 PM
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QUOTE(zstan @ Oct 21 2021, 03:55 PM) Waiting for next 1 😋😛 In the mean time, time to reinvest this dividends for more stocks. |
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ryan18
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Oct 21 2021, 08:28 PM
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QUOTE(zstan @ Oct 21 2021, 03:55 PM) Time to enjoy the dividend 😂 |
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SUSvery polite
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Oct 22 2021, 02:23 AM
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New Member
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i guess rakuten users will have to wait extra few days for their dividends.
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McFD2R
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Oct 22 2021, 10:03 AM
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QUOTE(very polite @ Oct 22 2021, 02:23 AM) i guess rakuten users will have to wait extra few days for their dividends. We most definitely do  |
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ShinG3e
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Oct 22 2021, 06:22 PM
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ouhhh nice paycheck
looking forward to the next one
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GuyM
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Oct 22 2021, 09:38 PM
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So whose the one intending to sell all his shares by the billions worth as per news today?😅
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