offload 60% at 805...can't tahan see it drop bit day by day...hold from 85 till 805...earn less better than nothing. Will load back once at 78 and wait for dividen
The dividend announcement came 12 days earlier than last year and you will receive your dividend on the 25/7, compared to 14/8 last year. You will receive RM 28 net per 1000 shares and is tax free. Last year you only received RM 13.5 after a 25% tax deduction.
Global equity markets eased on Friday as concerns about future economic growth pulled stocks on Wall Street lower, while government debt prices fell on surprisingly strong U.S. housing data.
There is no such thing as no tax this year. TA has already paid the 25% corporate tax. During the past few years, companies still having 108 balance were allowed to pay franked dividends (gross dividends with 25% tax deducted) and you could then claim the tax deducted from the IRD. Starting this year, all companies must pay single tier dividends(no tax is deducted) irrespective of whether the companies have used up all their 108 balance. The net effect is the Government now keeps all the 25% corporate tax that it receives whereas in the past it has to return a portion of the 25% tax back to some small investors.
NEW YORK - Stocks opened modestly higher on Wednesday, with the S&P 500 on track to rebound from a broad selloff in the prior session, ahead of the release of minutes from the most recent meeting of the U.S. Federal Reserve.
Institutional investors/top shareholders have been lying low lately. From 6 May 13 to 12 May 14, investors holding more than 100,000 TA shares bought a further 45 million TA shares, 30.64 million of which was by a single individual. They must have the confidence that you and I don't have.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Steventeo
342 posts
Posted by Steventeo > 2014-04-29 10:33 | Report Abuse
drop below 0.80.........