But for 2.500, I didn't buy it in contra. Based on ur explanation, it will sell off my 2.500 first right?

Yup...but I dont have any remiser.

ooo... contra is cheaper... didn't know that...

All other regional countries in green colour and only Malaysia in Red colour. Bloody disappointed with local share.

Why is KLCI performance so damn bad compare to other countries ? Political issue ?

not contra is cheaper, but intraday trades is cheaper.
buy and sell at same day. Also, the minimum brokerage still applies, even if it's 0.1%

This post has been edited by eltaria: Dec 4 2008, 10:12 AM

i think most of the FF are either on holiday or on a realllly long holiday i.e. they got sacked.

No more big swing or big rally?

ooo.. so the RM28 still applies?? Then its not much difference since I only buy RM1k to RM2k

which maybank branch u sign your forms???? that branch is your remiser. (it might not be a specific person )

call them up to inform them about your daily contra.

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Added on December 4, 2008, 10:21 amdaily contra is 0.1% or min RM8

This post has been edited by jvcpcv55: Dec 4 2008, 10:21 AM

You buy 2 apples at the price of 2.20 and 2.50, So the total cost of your apples is 4.70. Now you have sold the one apple to third party at 2.40 and left one in your hand.
Is it matter which one you have sold? Both apples are identical, just the price you bought is different. They are both apples!

You can treat you have sold the 2.20 and earn 20 cents, and left with one 2.50 in hand
or
You can treat you have sold 2.50 and make a loss of 10 cents, while left with 2.20 in hand.

Just mindset and perception only, in actual fact or at the end of the day, it makes no different at all.

Cheers

This post has been edited by cherroy: Dec 4 2008, 10:33 AM

As as individual , it is not necessary to follow the best accounting practice.

But the bottom line , you still have to make some profits from the investments.

If you are buying contra at 2.20 and sell at 2.30, then you make an actual profit .

You still can value 2.50 for the stock you keep, though at unrealised loss.

The profit if any from contra gain, could be used to offset 2.50 that you bought earlier, thus lowering your holding cost.

Hope I answer your Q.

Have a good day.

This post has been edited by SKY 1809: Dec 4 2008, 10:33 AM

This kind of pattern is and will repeat again and again over years.

Where is the saham mana boleh beli one ?

Just read a news saying, MAS, British Airway and Qantas will form an alliance or some kind of merger.

http://www.sinchew.com.my/node/93000?tid=40
Sorry for those can't read in chinese.

Merger might not be possible in view of NEP, and the bumiputra management.

Just my 2sen.

Ok.noted. I only concern for the contra 1, because I don't want to pump in anymore money in. While for 2.500, I will still hold it.

ya lol. malaysia gov will definate want to hold 51%.

In MAS shareholding structure or company memorandum, gov doesn't need to have 51% either to have a say, as gov has one share in it called Golden Share, which has veto power, as far as I knew.

Ya, the best interest for our nation at any costs.

Zzzz.... maybe alot ppl already out from KLSE n prepare for Raya Haji next Mon?

the volume is extremely low for today. Already 11am but volume only 74mil.....