New thread guysIssues with online broker share trading page, All come here to complain
Please share your experience about your online broker trading page.
I had been with CIMB Itrade for more than 3 years. Starting stage was ok but on and off the system was not reliable. Most of the time unable to connect or display the trading page properly.
Maybank online share trading page a little better but always early morning unable to connect.
Can any1 recommend me a better and reliable trading platform?SBCCORP,
Opening CDS Acc at CIMB, What should i be aware of?
Hi guys, going to open cds account at Cimb soon to purchase REIT stocks, anything i should be aware of? This is my first time opening CDS account. Appreciate your inputs, thanks ladies and gentleman.Ioi corp / ioi cz,
Whats your view on ioi corp and its baby ioi cz ?UMW Oil & Gas Corp Bhd, Upcoming IPO Q4 2013
UMW Holdings Bhd has proposed to list its oil and gas (O&G) unit, UMW Oil & Gas Corp Bhd (UMW-OG), on Bursa Malaysia's Main Market.
The proposed initial public offering (IPO) is for up to 843.18 million shares of 50 sen each in UMW-OG. A total of 611.8 million shares will be made available to retail and institutional investors. The institutional offering involves the offer of up to 648.6 million shares, representing 30% of the enlarged issued and paid-up share capital of UMW-OG. The price of the institutional offer will be determined by a book-building exercise.
Meanwhile, 194.58 million IPO shares will be made available for retail investors at a yet-to-be-determined price, representing 9% of the enlarged issued and paid-up share capital of UMW-OG.
UMW-OG is involved in the upstream sector of the O&G industry, providing offshore drilling and oilfield services, including engineering and maintenance services.
Prior to listing, the company will undertake an internal reorganisation exercise involving the transfer of the offshore drilling business and certain companies in the oilfield services division under UMW and its subsidiaries to UMW-OG.
The latter entered into sale and purchase agreements on May 14, 2013 in relation to the internal reorganisation. The listing of and quotation for its entire enlarged issued and paid-up share capital of RM1.081bil comprises 2.162 billion UMW-OG shares on Bursa's Main Market.
The proposed listing of UMW-OG is a key strategic initiative by UMW, which is expected to accelerate the growth of the O&G business within the UMW group and enable UMW to unlock and crystallise the value of its investment in the UMW-OG group and enhance the shareholders' value at UMW level, said UMW president and group chief executive officer Datuk Syed Hisham Syed Wazir in a statement. The proceeds from the IPO will assist it in reducing its existing borrowings.
Maybank Investment Bank Bhd and CIMB Investment Bank Bhd have been appointed as the joint-principal advisers to UMW and UMW-OG for the proposals.
UMW expects the proposals to be completed by the fourth quarter of 2013.Kanger International Berhad, 10th China firm to list in M'sia
Bamboo flooring manufacturer Kanger International Bhd is set to be the 10th China-based company to be listed on Bursa Malaysia.
The company will be issuing 80 million new shares in its initial public offering (IPO), representing 18.6% of the company's enlarged issued and paid-up share capital.
The IPO entails 22 million new shares for the public, and 58 million new shares to be allocated to selected investors via a private placement.
The company specialises in the manufacturing and trading of bamboo flooring and related products for the residential and commercial markets under its brands Kanger and KAR Masterpiece, as well as acting as an original equipment manufacturer at the request of customers.
Financially, the company has been on a growth trajectory over the past three years, with its financial year ended Dec 31, 2012 (FY12) seeing it recording a net profit of RM6.36mil on a revenue of RM38.5mil, compared to a net profit of RM3.07mil on a revenue of RM23.41mil in FY11. In FY10, meanwhile, the company posted a net profit of RM969,000 on a revenue of RM14.83mil.
Kanger intends to use 34.09% of its IPO proceeds as working capital, 22.73% as research and development expenditure and 11.36% as capital expenditure, with the rest – 31.82% – being utilised immediately upon listing for listing expenses.
Its chairman is Datuk Paduka Sharipah Hishmah Sayed Hassan, a member of the Perlis royalty, who runs several businesses, including the La Cucur food outlet. She will own a 3.93% indirect stake in the company post-IPO.
She is also the sister-in-law of the Raja of Perlis Tuanku Syed Sirajuddin Jamalullail, another shareholder of the company, and her son, Syed Hazrain Syed Razlan Jamalullail, is also a director in the company.
Kanger's managing director and founder Leng Xingmin owns the major stake in the company with 67.7%, which will be diluted to 55.17% post-IPO.Public Investment Bank – eTrade,
1.1 What is Public Invest eTrade?
Public Invest eTrade is an internet share trading system that allows investors to buy and sell shares via the Internet from the comfort of their home, office or anywhere.
1.2 Who am I trading with?
You are trading with Public Investment Bank Berhad (PIVB), a Participating Organisation of Bursa Malaysia Securities Berhad (BMSB). Your trading account is with PIVB and all your buy and sell trades will be channelled through us.
1.3 Which markets can I trade in?
Currently, you can only trade in shares which are listed on the BMSB.
1.4 Who can apply for Public Invest eTrade?
Eligible to all citizens who are 18 years and above.
1.5 Can a corporate client apply for Public Invest eTrade?
1.6 How can I trade through internet with PIVB?
i) New Client
You have to log-in to our PIVB website www.publicinvestbank.com to register as Trial Member and thereafter to open a Trading, Central Depository System (CDS) and Internet Trading Account with us by completing and signing the respective application forms which are to be witnessed by an authorised dealers representative.
ii) Existing Client
You have to log-in to our PIVB website www.publicinvestbank.com to register as Register Member and thereafter to complete and sign the Application for Internet Trading form which is to be witnessed by your authorised dealers representative.
1.7 Can I access Public Invest eTrade from overseas?
Yes, you can access Public Invest eTrade via internet from anywhere around the world.
2.1 Am I required to open a CDS account to facilitate Public Invest eTrade trading?
Yes, upon approval of your application, we will open a CDS account under your name as the beneficial owner. You must sign on the CDS Application for Opening of Individual/Corporate Account Form.
2.2 Can I register with Public Invest eTrade if I already have an account with another stockbroking firm?
Yes, you can. However, for trading online via Public Invest eTrade, you have to open a Trading, CDS and Internet Account with PIVB.
2.3 Can I link my CDS account from another stockbroking firm to Public Invest eTrade?
No. You must open a CDS account with PIVB.
2.4 Can I transfer my shares out from my CDS account with PIVB to other CDS account?
Yes, you can transfer your shares into your own CDS account or to your immediate family members only. No third party transfer is allowed by Bursa Malaysia Depository Sdn. Bhd (BMD).
2.5 What are the Public Invest eTrade trading account opening procedures?
Log-in to our website – www.publicinvestbank.com
Click 'New User Registration' (Left Hand Corner).
Click 'Trial Member' or 'Public Investment Bank Berhad client' (Bottom) and to read the Terms and Conditions governing the internet trading.
After you have accepted the Terms and Conditions, please key-in all the compulsory particulars required into the Online Registration Form.
Upon completion, click 'Submit' and await for an activation code which will be sent to your email address on the same day. Log-in to our Public Invest eTrade to view stock Live Quotes and News for a trial period of 30 days only.
If you wish to trade, kindly come over to our office to sign all the relevant documents (Item 1.6) which are to be witnessed by our authorised dealers representative at the following address:
Public Investment Bank Berhad
Level 11, Bangunan Public Bank,
No. 6 Jalan Sultan Sulaiman,
50000 Kuala Lumpur.
Should you need assistance for the online registration, kindly contact us at 603-22721122, 20313011 Ext. 509 or 20312529 or send an email to: email@example.com.
2.6 What should I do if I wish to print my online registration application form immediately upon signing up?
You can print the online registration form by accessing the 'Print Screen' option on your computer.
2.7 How soon can I trade?
Your application will be processed within two (2) market days provided that the documents submitted are complete. You will receive an email notification to trade in our Public Invest eTrade.
2.8 Do I need to furnish a valid email address?
A valid email address is necessary for activation and future communication i.e. trade confirmation and other relevant notices and announcements.
2.9 How do I update my personal particulars?
You can either write to us or request an Updating Form from us, complete and sign the form before sending it to PIVB.
2.10 Can I open a joint account for online trading?
2.11 What are the charges for opening of a trading account?
There are no charges for opening a Trading Account. However the following is applicable:
i) Opening of the CDS Account – RM10 and
ii) Indemnity Forms – RM20 (only applicable if you opt for the Direct Debit/Credit Facility whereby sale and purchase amount will be credited/debited respectively from your saving or current account maintained with Public Bank Berhad branches).
3.1 When can I submit an order?
You can submit your order from Monday to Friday except public holidays and any holidays declared by BMSB. The orders can be placed from 12.01 am to 5 pm.
3.2 How do I place a buy/sell order?
You place your order online by clicking the 'Live Quotes' button which will connect you to our trading screen.
To place order, highlight the stock or key-in the stock name or stock code that you wish to trade and click on Buy (green) or Sell (red) button.
An order entry box will appear for you to input your trade details, which is also differentiated by colours, green for buy and red for sell.
An order validation screen detailing your order will appear for your confirmation. If all information is verified correct, click on the Confirm button and the order will be routed to your dealers representative for execution.
3.3 How can I check the status of my order?
You can access the order status screen by clicking on the 'Order Status' button. You will see the following messages:
(Dealer) Order Received
The order has been successfully received by the dealer's representative. Awaiting execution into the Broker Front-End (BFE) System.
Order Sent By Dealer
The order has been successfully received and executed by dealer's representative into the BFE System.
The order has been received by BMSB and awaiting to be matched.
Order fully matched with acknowledgement from BMSB.
Order partially matched with acknowledgement from BMSB.
The order has expired after the end of each session.
Note: order not done in the morning session will be not carried forward to the afternoon session.
The order successfully cancelled with acknowledgement from BMSB.
3.4 Can I reduce or cancel my order?
You can reduce or cancel the quantity of your purchase and/or sale order instructions provided they are not matched by BMSB.
To reduce or cancel your order, follow the steps below:
Step 1: Select the Order that you want to reduce or cancel and click on the Reduce/Cancel icon and a Reduce/Cancel screen will pop-up.
Step 2: The default quantity prompted in the Reduce By column is your original quantity ordered or unmatched quantity.
Step 3: If you wish to cancel the entire order, just click on the OK button.
Step 4: If you wish to reduce the quantity of your order, you need to enter the quantity you want to reduce in the Reduce By column.
Step 5: Press OK to confirm your instructions.
3.5 Can I amend the buying and selling price?
You can amend the buying and selling price of your order by cancelling the previous order and re-entering a new one provided the previous order has not been matched by BMSB. To cancel order, please follow Item 3.4 above.
3.6 My Order Status screen not updated. Is PIVB going to compensate me for my loss?
The use of Public Invest eTrade online trading is at your own risk. PIVB will not be liable for any loss whatsoever arising from the use of Public Invest eTrade online trading.
3.7 How can I trade if the system is down?
If you encounter any difficulties accessing Public Invest eTrade, please call our helpdesk at Tel No. 603-22721122, 20313011 Ext. 509 or 20312529 for assistance or you can call your dealers representative to place offline orders.
3.8 Are the orders that I placed good for the day?
No. All your orders placed are valid only for one trading session.
3.9 What is the status of my orders at the end of each trading session?
All outstanding orders will be cancelled at the end of each trading session and the status will be shown as Order Expired.
You need to re-send the order or place a new order the next trading session
3.10 Can I create my own favourite stock watch list?
Yes, you can create your own favourite stocks or you may use the default favourite list called My Favourite. However, the maximum number of stocks allowed per your personal list is 30. To create your own list, follow the following steps:
Step 1: Select the Organise Favourites icon and a small screen will appear.
Step 2: Click on the New button, type in a name and press the Enter button to confirm.
Step 3: To select the stocks to be added into your favourite folder, click < Add >.
Step 4: You may also add a stock to your favourite folder while viewing the stock quotation by clicking on the Add to Favourites icon.
3.11 What will be the trading limit given to me?
Trading limit will be granted to you based on the information/supporting documents provided by you and the recommendation of your dealers representative.
3.12 Can I place order for odd lot, sold to buy-in and designated counter?
No. You are NOT allowed to place orders for odd lot, sold to buy-in and designated counters online.
However, you may place those orders via telephone instruction to your dealers representative.
3.13 Will my offline orders be reflected in the Order Status?
Yes. Both offline and online orders will be reflected in the Order Status.
3.14 How do I differentiate online and offline orders?
For orders that were placed online, the orders will be displayed in the Order Status as S for System order.
For orders that were placed offline, the orders will be displayed as in the Order Status as P for Phone order.
3.15 Can I sell the overdue purchase contracts on T+4?
No. You are NOT allowed to sell the overdue contracts on T+4.
Shares purchased must be paid on T+3. Otherwise, the shares will be force-sold by the Company on T+4.
4.1 What is My Portfolio?
The system provides an integrated financial picture for investors to manage their investment portfolio over time.
4.2 What can I use My Portfolio for?
You can use My Portfolio to:
a. Keep track of stock investment portfolio positions and cost for trading accounts.
b. Compute unrealised profit and loss based on market price or using alternate selling prices.
c. Adjust portfolio positions in event of corporate actions like bonus issues, maturity conversion, transfer in/out, etc.
d. Drill-down into single stock detail transactions level.
e. Inquire current positions and other portfolio information from anywhere via Internet.
4.3 How can I check my share portfolio?
Click on the My Portfolio button located on the top of your screen which will display your stock portfolio.
For more details of a specific stock portfolio, double click on the respective stock name which will display all your detailed buy/sell transactions.
4.4 In Portfolio inquiry/summary, what does Quantity means?
'Quantity' represents balance stock quantity including your matched purchases and deducting your matched sales.
4.5 How do I search for a particular stock?
You must enter the a stock short name or stock number. If you do not know the stock number or name, you can use the Search button to perform a query using the stock number or stock name.
4.6 I transferred out 1,000 shares from my original stock balance of 1,000 shares today, but the system still shows I have 1,000 shares in stock balance available today. Why?
This is due to timing difference. If the transfer is successful, My Portfolio will reduce the stock quantity on T+1. If BMD rejects the share transfer, the stock balance will remain as the original quantity.
4.7 If I sold 1,000 shares today, will my stock balance be reduced immediately?
Share sold will be debited immediately and will be reflected in the system accordingly.
4.8 If I bought 1000 shares today, will my stock balance be increased immediately?
The stock balance will increase by 1,000.
4.9 Does the potential unrealised gain/loss computation take into account the brokerage and other charges as additional expenses?
No. The computed potential unrealised gain/loss is based on the price difference between the unit average cost of the investment and the prevailing last done price.
4.10 Is the market price displayed in My Portfolio updated on a real-time basis?
Yes. Currently the market price shown in My Portfolio is based on the last done price.
5.1 Will I receive any contract notes?
Yes, physical copy of the contract notes will be sent via post the next trading day.
5.2 When are my trades due for settlement?
All trades have to be settled by 12.30 p.m. on T+3. This is in accordance to BMSB Rules.
5.3 How do I settle my trades done through Public Invest E-Trade?
You can choose to pay at:
i) The cashier counter at PIVB (payment by cash or cheque).
ii) Through either one of the following PIVBs bank account:-
Public Bank Berhad A/C No. 3077-509901
Maybank Berhad A/C No. 514011460167
[payments by cash/cheque/fund transfers (counter & electronic)]
5.4 Can I choose to settle part and not all of my due contracts?
Yes, provided the contracts are in marketable lots.
5.5 What will happen if my due contracts are not settled?
Any unsettled T+3 positions will be force sold on T+4. This is in accordance to BMSB Rules.
5.6 When do I get my Sales cheque?
All sales cheque would be issued by 12.30 p.m. on T+3 following the sales day. The cheque would be available for collection at the cashier counter at PIVB. All cheques not collected within 5 trading days of the issue date would be deposited into the clients trust account.
5.7 How do I withdraw my money from my Trust Account?
You can submit your trust withdrawal form to Finance Department and a cheque would be issued within 2 trading days. All cheques not collected within 5 trading days of the issue date would be deposited back into the clients trust account.
5.8 Is there any interest earned on my Trust balance?
No interest is given on the amount deposited into the Trust Account currently.
5.9 When do I get my contra gains and when do I need to pay for my contra losses?
Contra losses would be setoff with Contra gains on a daily basis. For contra gains which are in excess of contra losses, a cheque would be issued for the net contra gain and vice versa, a payment is due for the net contra loss.
5.10 How can I confirm that my due contracts are settled?
You can utilise the My Account system to view any outstanding contracts that you may have. Only outstanding contracts would appear in this system.
5.11 What is My Account?
This system allows clients of PIVB to view the present outstanding position with the Company.
5.12 What information can I get from My Account
You can obtain the following information from My Account:
Outstanding contra gains/losses
5.13 Can another client view my information on My Account?
No. The system is password protected. You are required to safeguard your password.
5.14 How reliable is the information on My Account?
The information is extracted from our back-office system. The information is as per the previous days closing position.
5.15 Will I receive a monthly account statement from PIVB?
Yes. PIVB will send to you an account statement monthly.
6.1 What should I do if I encounter problem?
If you encounter any problem, you may:
i) Call your dealer representative; or
ii) Email your queries or problems to firstname.lastname@example.org; or
iii) Call our helpdesk at 603-22721122, 20313011 Ext. 509 or 20312529 between 8:30 a.m. to 12.45 p.m. and 2 p.m. to 5:30 p.m. local time (Monday to Friday).PESONA METRO – Construction Counter, Worth Buying? Interesting Projects..
Any sifu manage to get hold of their annual report?
Checked their website.. there is none.. Ironically, it is stated 'under construction'
Their share has been going up and up since election, so are other construction counter.. but still curious about it..
Because they completed an awesome project.. Rejuvenation of Melaka River.WILMAR INTERNATIONAL, Sugar, Oil Palm, Consumer Prod, Oil Seed
WILMAR INTERNATIONAL EARNINGS TRACK RECORD IN 7 Years.
Revenue almost 10 folds within 7 years period and same goes for Earning per share. The decline in 2012 earnings was mainly contributed by decline in crushing margin in Oil Seeds segment.
Base on table below, the decline in contribution from Oil Seed segment was being offset by Sugar Segment.