QUOTE(kyenli @ Mar 23 2022, 10:42 AM)
i plan to cash out cause doesn't make sense for me to pay additional rm15 fee for my low volumn
well, that's why this is the purpose of reinvesting, compounding and watch the magic unfold in years to come.
more so, you're able to reinvest at 8.28 per share vs share price now (at the time of writing this) at 8.92 per piece, this gives 7.2% discount immediately. Not to forget these shares earns you more and more dividend (and capital appreciation too).
so long (or at least) your total discounted amount equals the amount of fees that you pay, i think it makes perfect sense to reinvest. I have been reinvesting since many years ago and easily accumulated some 300 or 400 shares (i cant remember) from the scheme over the past few years. now i appreciate them having this kind of scheme.
RM13 fees? just assume that you've consumed a cuppa boba tea or equivalent. that's it. what's 13 bucks nowadays? that's like one lunch at kopitiam nowadays.