Comments on: How to Trade Stock at Bursa Malaysia: Investing Basic

By: KCLau

KCLau — Wed, 08 Feb 2012 23:06:25 +0000

I think first you need to find out what’s the short code stand for.
Volume is the amount of stock traded in that particular trading day.

By: wong

wong — Sun, 05 Feb 2012 07:29:34 +0000

Dear KC,
I want to ask what is mean L.Vol , Volume,and TO/CP for investment stock?
Thanks~

By: Palani

Palani — Thu, 19 Jan 2012 03:35:00 +0000

Hi wh, i’m interested in stock exchange n want to learn more bout it. How to attend your free lesson? reply me at samy_palan@yahoo.com

Thanks.

By: KCLau

KCLau — Mon, 19 Dec 2011 18:45:14 +0000

Anyone that’s convenient for you.

By: kathik_06

kathik_06 — Mon, 19 Dec 2011 01:54:58 +0000

Dear KC,
I am thinking of open a cds account.
Can u advise me which one is better?
OSK securities or Maybank..
Waiting for your reply.
Thanks.

By: Dev

Dev — Wed, 14 Dec 2011 12:06:45 +0000

Hi KC, i would like to ask about the online trading and exactly how does it work??

By: Oliver

Oliver — Mon, 12 Dec 2011 08:49:50 +0000

he’s talking about scamming you by promising high returns. RULE: If anyone tells you about an investment promising more than market rates (i.e. more than FD ~ 3%/annum) and doesn’t tell you what they are investing in, its a scam. You WILL lose your money. You can see from the comments here that there are many ready victims just waiting to throw their cash down the drain.

By: Motaram

Motaram — Mon, 21 Nov 2011 07:08:35 +0000

i want work of share market of malaysia. what is salery.

By: Kreil

Kreil — Tue, 01 Nov 2011 12:01:11 +0000

Dear KC,

Im invest/trad in malaysia stock & buy share below Rm0.10/unit. Starting for RM 1k ++ only. 1st time i made profit Rm300.00 for 1month. yesterday i got profit Rm 400 + for 1week +.

Question:

which market can make more profit? Malaysia/us/spore.

How to make profit daily?

Which share can make profit? <%volume/<%change

I hope u can share with me.

Thanks.

By: JN

JN — Fri, 14 Oct 2011 04:54:47 +0000

Hi wh, i’m interested to learn about investing in stock market. this is my email justinnpe@yahoo.com.my

By: xcb

xcb — Mon, 26 Sep 2011 08:04:16 +0000

U said u started as student
but how u apply without income statement?

By: zaky issa

zaky issa — Thu, 15 Sep 2011 04:27:51 +0000

i cant understand a risk on investing in trade market, would you like to clarify it to me? i need to own a business of small and low cost investment, what would you advise me to do. i need to notify to you that i have no knowledge on business but i need to start something to make money.

By: callixtus

callixtus — Fri, 19 Aug 2011 07:21:26 +0000

Hi Ray,

You may open an account with any broker in Malaysia to start trading. Just bring along your passport and Ringgit Malaysia 10 being account opening fee.

Foreigners are exempted from registering of e-Dividend.

By: callixtus

callixtus — Fri, 19 Aug 2011 07:20:39 +0000

Hi Vikas,

You may open an account with any broker in Malaysia to start trading. Just bring along your passport and Ringgit Malaysia 10 being account opening fee.

Foreigners are exempted from registering of e-Dividend.

By: callixtus

callixtus — Fri, 19 Aug 2011 07:18:04 +0000

Hi Ivan,

if you do not have an income statement, Bursa Malaysia will also accept bank-in receipts. photocopied of your check book. Easiest way is to bank in RM10 into your personal bank account and submit the bank in slip to the bank as a supporting for registration for e-Dividend.

Note that Bursa Malaysia only accept saving / personal account.

By: callixtus

callixtus — Fri, 19 Aug 2011 07:15:10 +0000

Hi WSK,

DO NOT issue a cheque made payable to your remisiers!! there has been many scam on this issue in this industry. Authorities have made it very clear that all cheques must be made payable to the stockbroking house/investment bank ONLY! If you are making payment in cash, you may do it over-the-counter at your broker’s office.

ACCOUNT
CDS Account – an account with BURSA MALAYSIA where all your shares will be kept. RM10 being opening fee. You will be granted a CDS number which is followed by broker code-branch code-personal number e.g. 123-123-123456789

WSK – please call the broker to check if your account has been opened. Dont be surprise if the forms are not submitted for account opening.

Trading account – an account you open with the broker for trading purposes i.e. buying and selling of shares. This account is linked to your CDS account. All your contracts, money that you have in the account, losses will be reflected in this account.

You can open a CDS account without opening a Trading account, however you will not be able to trade. On the other hand, you cannot open a trading account if you dont have a CDS account.

Once your CDS and Trading account is opened, you may start trading. No activation is required unless your CDS account is dormant/inactive. The rule says that opening of account is usually within the same day, otherwise latest by the next business day.

TRADING
On the day of purchase, in the financial term is called T-day (transaction/trading day). You are given 3 days grace period to make payment/settlement, which means settlement is on T+3 by 12.30pm. Your shares will be delivered to your CDS account on T+3 9am =)

PAYMENT
Payment can be made using cheque, TT or cash.

Cheque – Remember cheque is only made payable to the broker only. DO NOT ISSUE A CHEQUE IN FAVOUR OF YOUR REMISIER!!

TT – you need the bank’s account number. After you TT over, call your remisier to inform them on the transaction. You may need to fax/email the supporting over to your remiser. Your remisier will then inform the treasury department to credit the amount into your account.

Cash – you can do it OTC. some remisier provide added services by collecting on your behalf.

SELLING
If you feel that you are already profiting before settlement date, you can sell your shares. Thus you shall be expecting to receive contra gain. There are 2 payment method i.e. credit into your account or to issue a cheque in favorable to you. You may need to advise your remisier on the preferred method.

FORCE SELLING
If you do not make settlement by T+3, the broker has the right to force sell your shares on T+4. Contra gain will be absorbed by you, likewise any losses will be borne by yourself.

By: callixtus

callixtus — Fri, 19 Aug 2011 06:54:35 +0000

Hi Doraisamy,

To start trading in KLCI index you must first open a futures account with a stock broker/investment bank.

By: callixtus

callixtus — Fri, 19 Aug 2011 06:53:15 +0000

Hi Edward & Nizami,

Short selling is selling of shares with insufficient shares for delivery and is a violation to the Bursa Rules.

However if by mistake you oversold, you must submit a request to do a buy-in which you will be penalized 10 bids higher.

By: callixtus

callixtus — Fri, 19 Aug 2011 06:48:46 +0000

Hi KW Lam,

Most of the broker/investment bank now allows foreign trading. Simply open a CDS & trading account and you may start trading in foreign exchange. Fees and charges applies.

By: callixtus

callixtus — Fri, 19 Aug 2011 06:47:06 +0000

Hi Wei Hoe,

In order to be a licensed remisier, it is a requirement to obtain the licence from Securities Commission. refer to http://www.sidc.com.my for more info. You will need to register to sit for 2 examination that is Module 6 & Module 7. Once your license is approved and issued by Securities Commission, you may apply with the stockbroker as a remisier. Being a remisier requires you to deposit and maintain a certain amount of money with the bank. The money will be used to grant you trading limit and to secure the bank from any losses incurred by your clients. different bank has different minimum amount required.