euscilyn, you are very new to the market. You have to learn how market practice with dividend declare, bonus issue, right issue and etc. All these will affect the reference price of a counter. If you are not a income tax payer, and you wanna enjoy the dividend issue, you better buy counters with dividend tax-exampted because you will unable to claim back the 25% tax dividend. So Hua Yang case, Gross dividend was RM150/1.000 unit, but the netpay was RM112.50 only (less income tax RM37.50). You can claim back RM37.50 in HK3 when you submit borang B/BE.
lcng123. Noted. Thank you very much. Jantzen7801 : pls refer back yesterday comment - If you buy today you won't get the dividend on ex date 5/9. Now, $1.89 was already deducted the dividend.
euscilyn@what about bonus issue ratio 1:4 ??? Qualified to get it? Lcng123 & Euscilyn@How will the full procedure to claim back the income tax?? What is HK3 and b/be??? Hehee ~ sorry ya. Please adv.
euscilyn@thanks for your info. Because plan to add more lots, just to know if now i buy more lots qualified for the bonus issue 1:4 onot only ?? Any adv or ideas?
jantzen/euscilyn, resolution regarding the bonus issue was passed at the EGM on 30/08/2012. But the entitlement date not determined yet. That means you will be eligible for the bonus shares if you buy before the date.
Janztan Before you ask more questions go buy a simple accounting book and read first before asking more questions. This way you learn faster. ARE you an engineer
euscilyn and jantzen: regarding the dvidend issue, you just fill up the info in Hk3 based on the dividend slip that you had received. You no need to show the original dividend slips to income tax officers unless they request you to do so. The refund will be received within 2 months. For bonus issue, the reference price of the counter will be adjusted and Earning per share (EPS) of the counter will be affected too. So don't be happy if a counter declare bonus issue.
euscilyn, luckly you didn't buy Hua Yang yesterday. You will save some money if you buy at RM1.85 now compare to yesterday's price at RM2.02 although you can receive RM112.50 (after less tax).
jantzen/euscilyn, like lcng123 said...list and total up all your dividend vouchers as per hk3. You do this only when the time for you to submit ur tax return. The total gross amount of ur dividend will be lump together with ur other income to compute the tax payable(A). From the tax computed, then you less out/substract the 25%(B-tax deducted from div).Say, if B is more than A, you entitle to refund.If A is more than B, then you have to pay the balance of tax. For person who is not carrying on a business, the latest date of submission is 30 April. For person who is carrying on business, the date is 30 June.
euscilyn, 1 bonus share for 4 existing shares. No date yet but it should be soon bcos the resolution was passed at EGM. If you holding 1000 shares, you will be getting 250 bonus shares. Say, if you bought 1000 shares today @ 1.85, your cost is rm 1850 (excluding charges). So your average cost will be 1850/1250 = 1.48.
Good for long term investment. One of the very few good value/growth stocks. Didn't like the private placement earlier, but then again, to raise capital for long term growth might not be a bad thing. Forget about Mah Sing. This is the stock that you should keep. Their niche is affordable housing. So any moves to curb property speculation will not affect it much. In fact, I would not be surprised that companies involved in affordable housing would benefit in the next Budget.
Dear All, I need some advise from senior, should enter after bonus issue or after ?
Base on my logical calculation, If $1800 i can $250 around 14% interest in my bank but after issue i will loss $360. But it is a fundamental stock will up to 2.00 in the future should enter now or not ?
LCNG 123, I brought yesterday, actually I'm just ask for calculation basic which one is more worthy. Because after issued bonus price will drop seem like rugi if drop further. (only need some calculation advise).
@euscilyn, no one will know after the ex-div or bonus issue whether the price will goes up or down. If you believe Huayang is a good counter, then keep for long term. If you just want to get the dividend and sell it after ex-date/ bonus issue, then better to try your luck in Genting.... :-)
Pauline, For all intents and purposes, the latest dividends declared is already ex. My q was how you can buy today to rush for lodgement date which you mention is also today
Posted by tonylim > Sep 6, 2012 12:41 AM X
wait a minute, pauline, how to make sure your shares reach the register of members in the registrar office by tomorrow?
euscilyn, I give you an idea. To decide whether buy Hua Yang before ex-bonus or after ex-bonus, you have to study the market trend a few days before ex. If market is in uptrend, the price probably be up after ex otherwise you better buy it after ex. However, all these depend on market investment climate after ex date.
Euscilyn: If the price doesn't drop further after price adjustment during Ex-bonus, your investment of $1800 will remain the same, you will not lose $360 because you'll be getting additional 1 unit of share for every 4 units of shares that you have invested. Your 1000 units will be increased to 1250 units.
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Posted by lcng123 > 2012-09-05 10:34 | Report Abuse
euscilyn, you are very new to the market. You have to learn how market practice with dividend declare, bonus issue, right issue and etc. All these will affect the reference price of a counter. If you are not a income tax payer, and you wanna enjoy the dividend issue, you better buy counters with dividend tax-exampted because you will unable to claim back the 25% tax dividend. So Hua Yang case, Gross dividend was RM150/1.000 unit, but the netpay was RM112.50 only (less income tax RM37.50). You can claim back RM37.50 in HK3 when you submit borang B/BE.