Stock market V23, New PM in the house
Stock market V23, New PM in the house
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Apr 17 2009, 12:01 PM
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Senior Member
1,741 posts Joined: Mar 2008 |
peningnya.. i guess it's time to clean my room and watch later.. lol..
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Apr 17 2009, 12:05 PM
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Senior Member
803 posts Joined: Feb 2009 |
wah! today my LCTH sunddenly so much buyer...... buyer interest with it's 0.75 sen dividend!
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Apr 17 2009, 12:08 PM
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All Stars
23,851 posts Joined: Dec 2006 |
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Apr 17 2009, 12:15 PM
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Senior Member
1,217 posts Joined: Aug 2005 From: d' Kay El |
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Apr 17 2009, 12:19 PM
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All Stars
23,851 posts Joined: Dec 2006 |
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Apr 17 2009, 12:21 PM
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Senior Member
803 posts Joined: Feb 2009 |
QUOTE(SKY 1809 @ Apr 17 2009, 01:08 PM) better dont touch this counter, i dont think it is suitable for u. volume very low..... If for dividend only, worth to buy. I get dividend every quarter, 0.5 sen, 0.5 sen and recently just announce to pay 0.75 sen. |
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Apr 17 2009, 12:23 PM
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All Stars
23,851 posts Joined: Dec 2006 |
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Apr 17 2009, 12:25 PM
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Senior Member
1,470 posts Joined: Jun 2005 From: Securities Industry |
QUOTE(SKY 1809 @ Apr 17 2009, 11:39 AM) No you are wrong. What I meant is that since most people lost money in trading,LHDN will not gain at the end of the day if they assess your trading gain as business income. You cannot use the trading loss to set off other incomes ( commissions ) . And they do not pay you cash. Only for future gains set off . |
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Apr 17 2009, 12:28 PM
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All Stars
23,851 posts Joined: Dec 2006 |
QUOTE(lklatmy @ Apr 17 2009, 12:25 PM) What I meant is that since most people lost money in trading,LHDN will not gain at the end of the day if they assess your trading gain as business income. Income tax will not pay you back CASH refund for losses.You could accumulate losses in income tax to collect bonus link points if you want. There are many types of business incomes like rental income. Each under diff section, cannot be used to set off one another ( like trading of shares ) Sorry sounds a bit harsh. For example - trading loss 100,000 tax loss carry forward. Comm Income rm 100,000 - pay tax on this amt first. This post has been edited by SKY 1809: Apr 17 2009, 12:48 PM |
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Apr 17 2009, 12:40 PM
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Senior Member
938 posts Joined: Aug 2008 From: where I belong to.... |
wad happen to the market again? not what i've expected
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Apr 17 2009, 12:55 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(SKY 1809 @ Apr 17 2009, 12:28 PM) Sorry sounds a bit harsh. I don't think there is a provision of income tax law that can carry forward the loss. Correct me if I am wrong.For example - trading loss 100,000 tax loss carry forward. Comm Income rm 100,000 - pay tax on this amt first. Only this year under the new stimulus package, they allow loss being carried forwards, which only is allowed for this year. Last year loss 100k, that's you matter. This year gain 100K, tax you 26%, aka 26K. |
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Apr 17 2009, 12:59 PM
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All Stars
23,851 posts Joined: Dec 2006 |
QUOTE(cherroy @ Apr 17 2009, 12:55 PM) I don't think there is a provision of income tax law that can carry forward the loss. Correct me if I am wrong. Sorry i mixed up with business tax ( person in business like corporation with Profit and loss account ) Only this year under the new stimulus package, they allow loss being carried forwards, which only is allowed for this year. Last year loss 100k, that's you matter. This year gain 100K, tax you 26%, aka 26K. ( anyhow , trading is also deemed to a business source, depending whether one wants to submit a profit and loss account ). The person I talked to is deemed to carry on a business. might Not applicable to personal income tax ( not submiting together with a profit and loss account ) This post has been edited by SKY 1809: Apr 17 2009, 01:07 PM |
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Apr 17 2009, 12:59 PM
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Senior Member
4,305 posts Joined: Sep 2008 |
QUOTE(cherroy @ Apr 17 2009, 12:55 PM) I don't think there is a provision of income tax law that can carry forward the loss. Correct me if I am wrong. I think loss incurred in normal business activities can be carry forward, providing the company or sole proprietor fulfill certain requirements. Trading loss can be consider as normal business course if the company is mean for investment holding or the activity deems to be normal course of business.Only this year under the new stimulus package, they allow loss being carried forwards, which only is allowed for this year. Last year loss 100k, that's you matter. This year gain 100K, tax you 26%, aka 26K. |
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Apr 17 2009, 01:05 PM
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Senior Member
1,256 posts Joined: Nov 2004 |
yoy, market still up down up down "ai si mai si", good for intraday player
just come back from Penang PC fair, bought 1 WD hardisk + free gift, not bad |
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Apr 17 2009, 01:05 PM
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All Stars
17,864 posts Joined: Jan 2005 |
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Apr 17 2009, 01:11 PM
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Senior Member
1,389 posts Joined: Apr 2009 |
Market is lacklustre today. Neither here nor there, especially shares in my watchlist.
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Apr 17 2009, 01:11 PM
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Senior Member
938 posts Joined: Aug 2008 From: where I belong to.... |
QUOTE(Junior83 @ Apr 17 2009, 01:05 PM) yoy, market still up down up down "ai si mai si", good for intraday player there leng lui can see but cannot touch just come back from Penang PC fair, bought 1 WD hardisk + free gift, not bad Added on April 17, 2009, 1:12 pmaiya, miss the ride form proton This post has been edited by thken: Apr 17 2009, 01:12 PM |
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Apr 17 2009, 01:12 PM
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All Stars
23,851 posts Joined: Dec 2006 |
QUOTE(Junior83 @ Apr 17 2009, 01:05 PM) yoy, market still up down up down "ai si mai si", good for intraday player Not bad. just come back from Penang PC fair, bought 1 WD hardisk + free gift, not bad Buy one hdd, gets one kiss from Leng Lui. I wish I am in Penang now. Added on April 17, 2009, 1:15 pm QUOTE(thken @ Apr 17 2009, 01:11 PM) there leng lui can see but cannot touch If you open up yesterday papers,,Added on April 17, 2009, 1:12 pmaiya, miss the ride form proton There were so many numbers you could possibly strike. No hard feeling. This post has been edited by SKY 1809: Apr 17 2009, 01:15 PM |
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Apr 17 2009, 01:17 PM
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Senior Member
3,413 posts Joined: Dec 2006 From: Damansara |
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Apr 17 2009, 01:20 PM
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Senior Member
1,389 posts Joined: Apr 2009 |
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