“The increase in stamp duty of RM200 per contract note could reduce equities' average daily trading volume (ADTV) as trading cost for investors rises.
“The increase in transaction cost is anticipated to impact trading activities of retail investors. We expect retail investors that typically invest on short-term investment horizons to be sensitive to the change in transaction cost.
“Meanwhile, the above change in transaction cost is not expected to significantly impact trading activities of institutional investors who are longer-term investors with trading activities driven by the fundamentals,” he added.
Following the tabling of the government’s Budget 2022 last Friday, the stamp duty rate of contract notes is slated to be raised from 0.1% to 0.15% from Jan 1, 2022, with the cap of RM200 per contract removed.
Anson Liew is the last person laughing to the bank. He warn us since early this year and we are too arrogan to take in his advise. We are all the losers & put faith on a bad company.
Serbadk suspension continued, chances of SCIB to be suspended, share price is very low at RM 0.20 and if Karim need more fresh funds, the only way is to disposed off kpower shares at higher prices like RM 0.60 and above.. Karim
for scib, very low chance to get delisted. Scib still has another half year to post out its annual report after due date of 30 october before delisted by bursa. For serba, if annual report cant come out before November 30 this month, then sure big problem, while for kpower, personally i believe the chance of making fake account is very very low since most of projects are trustable and government related.
haha whatever you say, i wont cut loss too. Paper loss already more than 80%, cut your gugu ok but cut loss better dont. 100k become 20k, then can you use your 20k to become 100k back? Why not just wait for SIR, if bad then only cut loss.
@Kfbusjd,no offence just friendly advice,cut loss when a stock u bought drop near 10%,with the remaining 90% is very easy to make back your 10% lost.If u wait until lost 80%,u need 400% gain to make it back.If u move to other stock and lost another 10% and cut lost,u need 8 times mistake to down until 20% capital left.If 8 times u also salah stock,nothing to say
yeah, but this is unpreditable one. Who knows serba suddenly come out with account fraud? And who knows both scib and kpower affected so badly? Serba fraud but kpower and scib drop more than 80% just because both company has same big holder which is karim/
also, investor not trader, not everyday see market one. The price already drop more than 50% in the 3rd day, how to cut and how dare to cut? better wait for SIR now
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
oskchoon
3,186 posts
Posted by oskchoon > 2021-11-01 20:22 | Report Abuse
Kpower is a good company with the right business and the experience management, anything above RM 0.40 is consider a good bargain...