Greenleaf said...Hi hng,
I would like to ask you about dividend from stocks.
I am still a student and I started trading stocks last year (1.5 years) using RM7000. Now, I have around RM8200 in total after trading some stocks and gain the profit.
I would like to add more money to my account and go for dividend style.
If I am still a student, I receive dividends from stocks, how can IO claim my part dividend that is being Taxed?
I read from a forum saying that dividend is taxed 26%. Since I am not working and my income does not hit the 26% bracket, can I claim my dividend?
Hop to hear from you soon. Thanks. :)
49 comments:
Just sold half of GENM at 2.77, realize few k porfit :D),
sold out also all TA at 75.5 sen; selling more Bonia at 1.04.
O/n US market up more 200pts, breakthrough 10000pts, spurring local market momentum. Good investing for horse in US market, on getting higher paper profit. :)
Not so fast, still have not reach my target yet.
Good trade on GENM. :)
Just sold off remaining GENM at 2.77; decided to realize all profit first
Greenleaf
If wanna to claim back tax from dividend, you must first declare your income with 'Lembaga hasil dalam negeri'. Just use your gross dividend from dividend receive as as your total income in tax form, calculate accroding and use excess tax paid in coloum to claim back all tax from share dividend.
Wow, GENM contiune go up 2.79 and GAB at 7.19. too bad, sell too early :( but no regret lah, as long make profit already happy.
Today, increase further stake of Amfirst, bought more at 1.05, expecting its income distribution of at least 4.9sen soon :)
Never mind la, like you said, let other people make profit as well :)
horse
You're right, it always my way to self adjust and don't get too emotional in chasing profit and make sure its always under comfort zone. Market always is ready available and each day market just self-present a lot of oppurturnity.
Selling more OIB, buying more Amfirst
Half day volume already 0.88b; full day could easily surpass 1.5b. Just look at volatility of Greenpacket and its warrant; big player are profiting big-big money
Sold back all today Amfirst at 1.07; realize intraday gain. Just buyback again Amfirst at 1.05
hng,
sikit sikit, lama judi bukit. :)
Good trade mate. :)
Just wondering, your brother in law trade US, he must be sleeping day light and active night time.? :)
horse
No, he is still working as one of the tech comp CEO, earning handsome income. He just place its order after monitior few hr before sleep. That why, He is 'superman' and my mentor. :)
Today, make intraday profit on Amfirst + add little more stake of Amfirst; sold out all GENM and TA; realize few k total profit. Sold out all also Bonia; sold some Cheetah at 54-54.5sen; reduce further stake of OIB.
Core portfolio
Amfirst 42.5%
OIB 12.1%
Cheetah: 11.3%
Hunzpty 2%
Trading portfolio
TA global + ICPS 75%
Hi Guru horse and Guru hng,
Thanks a lot for the post. :)
It is a great information for me. I will claim my dividend back.
This is a very informative blog. Great!
Thanks again.
Greenleaf
As you're still student, being passive investor/partimer in stock investment should be preferred choice to ensure least affect your study. Prepared yourself first, and do gradual research to find potential company. One of he more important criteria, if not the most, is to buy shares with dividend. Start your education on share investment woth this in mind, and you can't go wrong
Stock go sideway, stay sideline, no trading so far.
Bought Lonbisc at 1.06; sold back some at 1.08, realize intraday gain
Today, just add one new stocks: Lonbisc, bought at 1.06 (dividend 4sen)
Core portfolio
Amfirst 42.5%
OIB 12.1%
Cheetah: 11.3%
Lonbisc 8.9%
Hunzpty 2%
Trading portfolio
TA global + ICPS 75%
good trade hng.. :)
Placed Lonbisc at 1.04 not done. :(
wow,
did not expect GAB to go so far... :)
horse
Congratulation! your Citi almost reach your target price, at US 4.19now, well done.
All your buy and hold portfolio record super paper profit, really rewarding indeed for partimer to earn steady passive income. Keep on.
Today, add another 2 new counters:
1. Pelikan for its growth and right share. Bought at 1.53-1.54.
2. Mamee for its upcoming Bonus share: 4 for 5, bought at 3.64-3.66
Bought more Mamee at 3.71-3.74.
Selling Pelikan at 1.58 now ... :)
Yeah! sold off all Pelikan at 1.58, realize more than 2k intraday profit :D)
Bought Genting at 7.17
Bought Amfirst at 1.05
Sold partial Mamee at 3.76, realize few hundred intraday profit :)
Bought some Digi at 21.84
Sold off remaining Mamee at 3.77
Very active today. :)
Have pre-placed my sell order for C at 4.39. Hope can get it filled.
bought more Amfirst.
horse
Wow! Place Citi at 4.39, if done; realize more than RM10k profit, Good luck :)
Maxis upcoming IPO exert selling pressure on Digi, down 22sen at the moment. Just bought another 2 lot to average down holding cost.
Bought maximum Digi all at 21.78; aim for its special dividend of 75sen
Wow lah, Digi rebound so quick, now at 21.94; already in paper profit :D)
Yeah! sold out all Digi at 21.96, realize nearly a k intraday profit :)
Market closed up more than 6pts. Today, make few new attempts:
make intraday profit on new stocks: Mamee, pelikan and Digi, realize total of few k profit :D),
add also Genting, but unbale to sellback
today also increase further stake of Amfirst, while reduce stake of OIB and Cheetah.
Core portfolio
Amfirst 58.7%
OIB 9.6%
Cheetah: 9.5%
Lonbisc 8.9%
Hunzpty 2%
Trading portfolio
TA global + ICPS 75%
Genting 7.1%
horse
For your information, Maxis IPO latest development from Chinapress night edition. Good luck for you
傳零售價4.75令吉
明訊籌資112億
（吉隆坡10日訊）儘管新股供不應求，明訊（Maxis）機構投資者認購價終定在每股5令吉，零售價格則調整至每股4.75令吉，籌資約112億令吉，為東南亞最大規模首發股。
隨著發售價塵埃落定，明訊上市籌措資金總額將高達112億令吉。
換言之，明訊重新上市，規模和籌措資金金額將超過1995年上市的馬石油天然氣（PETGAS，6033，主要板工業）整整1倍。
估值14至15倍
明訊公開發售約22億5000萬股，相等于公司30%股份，其中機構投資者獲20億3700萬股，零售投資者則“爭奪”其余約2億1230萬股。
僑豐投資研究指出，上述獻售價碼使明訊每股估值，達到2010年估計盈利的14至15倍。
該行給予“買入”建議，目標價為5.80令吉。
早前“路透社”報導，機構投資者以逾5令吉的價格，超額認購明訊逾2倍，其中約65%為海外投資者。
明訊在本地電訊業位居龍頭老大，佔市場40%分額，市值約373億3000萬令吉，上市之后將是馬股第5大規模的股項。
以明訊現有業績為準，分析員紛看好該股派息政策以及長期升值潛能，明訊計劃每年撥出75%盈利，作為公司股息。
明訊將在本月17日通知並將股票轉換給成功申請者，並在本月19日正式上市。
Amfirst just declare its semi-annual income distrition of 4.87sen: ex-date 20/11; entitlement date: 24/11; payable on 30/11
Bought CIMB at 12.96-13.00; for its very impressive financial result.
Ha! sold back all CIMB at 13.10, realize few hundred intraday profit :)
Sold also partial Amfirst at 1.07
Manage to sell small some of GENM at 2.87. :)
Bought back GENM at 2.84 to make intraday.
horse
Good trade, sell on strenght, buyback on weakness is always applicable is volatile market.
I'm selling more Amfirst, to free up more capital for next battle and bargain hunt on expected market correction soon
Wow, market in negative territory now!
Bought first portion of Genting at 7.08
Today, add one more new stocks: Bought Axiata at 3.09-3.10
Portfolio already sold more than half Amfirst at 1.07; realize few k profit :)
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