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 Stock market V23, New PM in the house

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shoduken
post Apr 17 2009, 12:01 PM

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peningnya.. i guess it's time to clean my room and watch later.. lol.. biggrin.gif
ABC2020
post Apr 17 2009, 12:05 PM

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wah! today my LCTH sunddenly so much buyer...... buyer interest with it's 0.75 sen dividend!
SKY 1809
post Apr 17 2009, 12:08 PM

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QUOTE(ABC2020 @ Apr 17 2009, 12:05 PM)
wah! today my LCTH sunddenly so much buyer...... buyer interest with it's 0.75 sen dividend!
*
Small cap - could be next rotational plays.

Can share some info. may want to buy some.



This post has been edited by SKY 1809: Apr 17 2009, 12:12 PM
Freelancer
post Apr 17 2009, 12:15 PM

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QUOTE(kb2005 @ Apr 17 2009, 11:30 AM)
Goreng ? biggrin.gif
*
Hmm.. stuck at 1.84 for a looong time.. hmm.gif

SKY 1809
post Apr 17 2009, 12:19 PM

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QUOTE(Freelancer @ Apr 17 2009, 12:15 PM)
Hmm.. stuck at 1.84 for a looong time..   hmm.gif
*
This stock is not suitable for people who are lacking patience.

High risk for contra trades.

And profit is not guaranteed. hmm.gif

Might not serve Happy meals.

This post has been edited by SKY 1809: Apr 17 2009, 12:23 PM
ABC2020
post Apr 17 2009, 12:21 PM

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QUOTE(SKY 1809 @ Apr 17 2009, 01:08 PM)
Small cap - could be next rotational plays.

Can share some info. may want to buy some.
*
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.
SKY 1809
post Apr 17 2009, 12:23 PM

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QUOTE(ABC2020 @ Apr 17 2009, 12:21 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.
*
Anyway,

thanks for your prompt reply.

lklatmy
post Apr 17 2009, 12:25 PM

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QUOTE(SKY 1809 @ Apr 17 2009, 11:39 AM)
No you are wrong.

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 . biggrin.gif
*
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. biggrin.gif

SKY 1809
post Apr 17 2009, 12:28 PM

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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. biggrin.gif
*
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. hmm.gif

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. notworthy.gif

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
thken
post Apr 17 2009, 12:40 PM

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wad happen to the market again? not what i've expected
cherroy
post Apr 17 2009, 12:55 PM

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QUOTE(SKY 1809 @ Apr 17 2009, 12:28 PM)
Sorry sounds a bit harsh. notworthy.gif

For example - trading loss 100,000 tax loss carry forward.

Comm Income  rm 100,000 - pay tax on this amt first.
*
I don't think there is a provision of income tax law that can carry forward the loss. Correct me if I am wrong.

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.



SKY 1809
post Apr 17 2009, 12:59 PM

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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.

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.
*
Sorry i mixed up with business tax ( person in business like corporation with Profit and loss account ) notworthy.gif

( 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
htt
post Apr 17 2009, 12:59 PM

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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.

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.
*
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.
Junior83
post Apr 17 2009, 01:05 PM

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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 laugh.gif ... got some leng lui to watch oso drool.gif
kb2005
post Apr 17 2009, 01:05 PM

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QUOTE(panasonic88 @ Apr 17 2009, 11:53 AM)
proton swing trade la. have to jump in at correct time.
*
The price too high now!
Starbucki
post Apr 17 2009, 01:11 PM

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Market is lacklustre today. Neither here nor there, especially shares in my watchlist.
thken
post Apr 17 2009, 01:11 PM

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QUOTE(Junior83 @ Apr 17 2009, 01:05 PM)
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  laugh.gif ... got some leng lui to watch oso  drool.gif
*
there leng lui can see but cannot touch whistling.gif whistling.gif


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
SKY 1809
post Apr 17 2009, 01:12 PM

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QUOTE(Junior83 @ Apr 17 2009, 01:05 PM)
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  laugh.gif ... got some leng lui to watch oso  drool.gif
*
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 whistling.gif  whistling.gif


Added on April 17, 2009, 1:12 pmaiya, miss the ride form proton
*
If you open up yesterday papers,,

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
Soulsareworthless
post Apr 17 2009, 01:17 PM

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QUOTE(Starbucki @ Apr 17 2009, 01:11 PM)
Market is lacklustre today. Neither here nor there, especially shares in my watchlist.
*
Market volume also low, only RM0.5+B so far.
Starbucki
post Apr 17 2009, 01:20 PM

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QUOTE(Soulsareworthless @ Apr 17 2009, 01:17 PM)
Market volume also low, only RM0.5+B so far.
*
Yes, I almost fell asleep looking at the market today. sad.gif

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