Yes...Lctitan DRS is good...recommended. Everyone shud go for it. Use your dividend to reinvest at the share price of 2.26...steep discount to its parent share price thats if u are entitled....where can u find on this Earth
Can the investors apply the reinvestment plan if the dividend is enough to purchase 14units ( RM 32.70/2.26 = 14. 4 (your total shares ended up in odd lot ie 1014units.thanks in advance
Pse take note...u can submit DRF (dividend reinvestment form) electronically. U hv to do it b4 20May. What u do is just visit this online website... https://tiih.com.my to register n submit by paying RM15 for the corporate svc fee. Any enquiry call Tricor 03-27839299
Yes I understand abt the odd lots involved (i.e. 144 shares). what u can do is when u decide to sell, u hv to sell them all at the same time without incurring extra brokerage charges. First u sell the parent share as board lot (e.g. 10lots). Then u click the normal odd lot segment to continue with your sell order for the remaining odd lot of 144 shares. Of course, the price for odd lot portion may be slightly lower but then again, the entire brokerage wud only be calculated on the main lot.
Ignore all noise that tells you foreign investors are leaving. Wrong. Foreign investors love cheap emerging markets especially Thailand, Malaysia, Vietnam. They're leaving expensive Asian equities like Taiwan/Hong Kong/SK
Thanks Live2Win. If I entitle dividend reinvest 506 units, can I just subscribe 500 units to prevent odd lot 6 units? Can I just use Tricor website https://tiih.com.my to submit instead of post the hardcopy form? Thank you.
It wud be pretty much easier n more covinience to do via online website as stated..https://tiih.com.my/. Just sign up as member account (free of charge) n then search for the ctr (Lctitan). Once done, u will find all the details listed automatically. u only need to click on the box provided n state the number of units u intend to subscribe. The final part is the payment for corporate svc fee which is RM15/-. The system wud linked u to either Maybank2u or FX account...u choose
Not likely to drop further. Some corrections after MCO announcement and the long break during Raya. Expect this counter to pick up once market stabilise.
No worries...as expected...today (11May) is the day MSCI inc is conducting semi-annual index review. It is more like rebalancing of the fund portfolio whereby those sectors that given less weightage, will be sold down. I dont thk it will affect Lctitan much though.
KLSE follows global market trend which aren't performing pretty well today. At the same time, comes along news abt the implementation of nationwide MCO, it definitely doesn't angur well. Then, today also happen to be the actual day MSCI Inc conducts semi-annual index review. Most investors/players are looking fwd to enjoy the long weekend (holidays) b4 making their decision after next week.
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....
ratz
283 posts
Posted by ratz > 2021-05-07 23:41 | Report Abuse
Live2Win DRS is a no brainer based on current price