Posted by Joscylyn > 2023-10-11 17:22 | Report Abuse

Capital gain tax only imposed on the private company. We will see ba the latest update on this Friday

https://theedgemalaysia.com/node/658245

Posted by AmySee > 2023-10-12 14:13 | Report Abuse

I don't think that the government will impose CGT on retailers' stock trading; it will affect the fund flow in the capital market

Posted by LaoHaidi > 2023-10-12 17:24 | Report Abuse

Proved. Mersec is moving up bit by up and slow and steady. Ha

Posted by RayLee > 2023-10-12 20:11 | Report Abuse

👁‍🗨 on BUDGET 2024 tomorrow. May be they will waive stamping fee for trading stocks. Ha

Posted by speakup > 2023-10-12 21:16 | Report Abuse

bro, our govt short of money leh, higher chance they increase stamping fee than reduce it

Posted by jinxstock20 > 2023-10-13 11:10 | Report Abuse

dnt worry, our govt will collect more money from luxury goods and online sales taxes

https://www.malaymail.com/news/malaysia/2023/10/12/will-we-see-launch-of-capital-gains-tax-in-budget-2024-and-what-happened-to-luxury-goods-and-online-sales-taxes/95803#:~:text=Capital%20Gains%20Tax%20(CGT),will%20be%20implemented%20in%202024.

Posted by jazmaster > 2023-10-13 15:40 | Report Abuse

don't worry so much, its stockbroking business is very lucrative one and the company will keep presenting profitability

Posted by Viable4Everything > 2023-10-13 17:05 | Report Abuse

The government is implementing a Capital Gains Tax (CGT) for all expired shares that are unlisted in local companies and the tax will be based on their clean profit at a rate of 10 per cent beginning March 1, 2024.

https://www.malaymail.com/news/malaysia/2023/10/13/budget-2024-putrajaya-to-increase-sales-and-service-tax-to-8pc/96045

Posted by Cipta > 2023-10-13 17:57 | Report Abuse

This will encourage more company to trade in Bursa.

Posted by Joscylyn > 2023-10-16 10:28 | Report Abuse

Well said and thereby Mercury Securities will keep deliver profitable QR 🤓

Posted by AmySee > 2023-10-16 11:43 | Report Abuse

Still moving steadily after Budget 2024 this Mersec (market is in red btw)

Posted by SourDosey > 2023-10-16 14:38 | Report Abuse

More cash handouts = more trading activities 😁

https://www.malaymail.com/news/malaysia/2023/10/14/how-malaysians-will-benefit-from-budget-2024-more-cash-handouts-ptptn-discounts-rm200m-for-payung-rahmah/96152

Posted by Viable4Everything > 2023-10-17 10:10 | Report Abuse

May be hot trading activities like MCO that time will resurface again. Ha

Posted by jazmaster > 2023-10-17 10:49 | Report Abuse

If that phenomenon happens again, MERSEC will shoot up to RM1 😆

Posted by RayLee > 2023-10-17 13:48 | Report Abuse

Slow and steady
Up bit by bit a day
It will break 40 cents this year

Posted by undercutter > 2023-10-17 16:55 | Report Abuse

nice, look like no chance to see below 0.30

Posted by AmySee > 2023-10-18 08:59 | Report Abuse

Yup, good for people who caught it at 27 -29 cents there that day

Posted by jinxstock20 > 2023-10-18 16:28 | Report Abuse

Look forward its another client going public end of this year

Posted by LaoHaidi > 2023-10-18 17:09 | Report Abuse

probably can see it moving up to 40 cents when that day comes

Posted by Joscylyn > 2023-10-19 10:37 | Report Abuse

Really move up steadily this MERSEC 🤗

Posted by Viable4Everything > 2023-10-19 12:25 | Report Abuse

Today its buying volume is explosive huge, good news coming?

Posted by jazmaster > 2023-10-19 16:26 | Report Abuse

Climbing up like a stair ↗↗ Big funds are collecting I guess

Posted by RayLee > 2023-10-20 10:27 | Report Abuse

1+1 stockbroking business is very lucrative. Can collect more if got free cash to hold for long-term

Posted by jinxstock20 > 2023-10-20 14:43 | Report Abuse

Heard that its interest rate for its margin account is around 4.5% - 18.0% and the company will generate extra income through it

Posted by AmySee > 2023-10-20 15:13 | Report Abuse

uptrend stock chart pattern

Posted by contra_loser > 2023-10-20 16:19 | Report Abuse

huge vol taking 0.33, some one is collecting ?

Posted by charlie chia > 2023-10-20 17:47 | Report Abuse

I am waiting for 50 cts mark

Posted by riverlakesea > 2023-10-20 18:27 | Report Abuse

collect below 0.40, no worry at all

Posted by pinetree88 > 2023-10-23 15:32 | Report Abuse

Is mercury broker online trading platform good? Is it popular vs Phillip, cimb, etc..?

Posted by jazmaster > 2023-10-23 15:52 | Report Abuse

@pinetree88. You can check for the comparison on that in i3 as well

https://klse.i3investor.com/web/hti/brokers

Posted by Viable4Everything > 2023-10-23 16:03 | Report Abuse

Mersec offers extended settlement period for up to 10 days, i.e. T+10 instead of standard T+3 settlement

Posted by Viable4Everything > 2023-10-23 16:05 | Report Abuse

that for contra players / day traders by the way. Platform wise, user friendly. Just my 2 cents opinion 🙂

Posted by RayLee > 2023-10-24 10:36 | Report Abuse

Don't know they will disclose their number of users or not. Ha

Posted by Joscylyn > 2023-10-24 11:45 | Report Abuse

LOL, they won't disclose one. If they really want to disclose that data, normally it will be posted at the bottom of its official webpage

Posted by jinxstock20 > 2023-10-24 15:16 | Report Abuse

Mersec has been on the market for more than 30 years, pretty sure it gains a lot of users

Posted by riverlakesea > 2023-10-24 18:27 | Report Abuse

queue 0.30, it is coming this week

Posted by LaoHaidi > 2023-10-25 10:13 | Report Abuse

Good luck, riverlakesea. But I think it will float between 31 - 33 cents there for this month

Posted by AmySee > 2023-10-25 10:50 | Report Abuse

Start rebounding, don't think can get it at 30 cents alrdy

Posted by jazmaster > 2023-10-25 12:59 | Report Abuse

looks like it's just a minor price correction yesterday. Wonder how many contra players were being washed out. Ha

Posted by Viable4Everything > 2023-10-26 12:30 | Report Abuse

Back to strong supporting price of 0.32 🙂

Posted by SourDosey > 2023-10-26 13:44 | Report Abuse

Seems like it's still a decent return for people who still hold its IPO share

Posted by jinxstock20 > 2023-10-26 16:10 | Report Abuse

Yupe, currently has 28% of paper gain. Wait for more returns in long run

Posted by LaoHaidi > 2023-10-27 10:13 | Report Abuse

if got free cash, can chip in some at current price as it has potential to move up to 40 cents

Posted by Joscylyn > 2023-10-27 11:19 | Report Abuse

Volume has been building up, just watch it going up in slow and steady manner

Posted by RayLee > 2023-10-27 14:05 | Report Abuse

Mercury provides stockbroking services comprising execution of trades of securities listed on Bursa Securities and foreign stock exchanges mainly in Singapore, Hong Kong and USA in addition to providing margin financing facility services, nominee, custodian and related services

Posted by AmySee > 2023-10-30 09:19 | Report Abuse

See no retracement to 30 cents, still holding up strong this MERSEC

Posted by jazmaster > 2023-10-30 11:24 | Report Abuse

wait for it to announce next quarter report then as it will move up further at that time

Posted by Viable4Everything > 2023-10-30 14:59 | Report Abuse

Good news! Brokerage fees for share trading will be exempted from SST

https://www.nst.com.my/business/economy/2023/10/971410/brokerage-fees-share-trading-exempted-sst

Posted by Joscylyn > 2023-10-31 11:22 | Report Abuse

Great then, lower down the cost for people who trade actively

Posted by jinxstock20 > 2023-10-31 13:56 | Report Abuse

Don't know Mersec will give dividend or not since it's making good profits 🙂