I think you are not referring to "sell on cum dividend date and buy back on ex dividend date."

As for e-filing, I guess LHDN will have a new e-form to include the 2% tax on dividend. Just sum up your total divided income and it will auto calculate the tax for you if it exceed RM100,000.

"Share price up upon dividend declared, share price down on ex dividend date, lower than ex dividend price."

Although it is not wrong, nonetheless this is typical speculators or short term players' point of view. Peace ✌️

Assuming brokerage fee is 0.2%.
Sell RM2 million of contract value you pay brokerage fee of RM4,000, buy back you pay another RM4,000. Total brokerage to pay is RM8,000.
2% tax on dividend of RM140,000 is RM2,800.
Moreover, no guarantee that person can buy that share back at lower price. Therefore it is not a good idea to sell and buy back for the sake of avoiding the 2% dividend tax.

* Investments in equities do not guarantee return with dividend, risks involved.

"Why not impose the dividend tax across the board including institutional fund to be fair?
Since it is not fairly tax which is double taxing as claimed by expert."

""""""""""
Agree, double taxing is true, because calculation of dividend payout is based on cash flow and net profit after tax.

"But, imposing tax to kill the old uncle untie dividend saving...

As of SME to impose higher wages, cut petrol subsidy to kill their business.."

""""""""""""""
Not many ordinary senior citizen receive dividends exceed RM200,000 p.a. anyway.
Fuel subsidies is actually wrong at the very beginning. Look at neighbouring countries Singapore and Thailand, where got fuel subsidies?

What if an investor receive above RM200,000 from holding REITs units with average dividend yield of 5%?
5% minus 2% tax minus risk 1% (assumption), balance dividend 2% only.
Would he/she shift it to bank FD or government bonds instead?🤔

"In summary the worst budget ever.
In conclusion, cut subsidy + incur additional tax and wages - > operation shot up rocket - > profit reduce-> share price goes down--> investor losing money."

""""""""""""""""''"
Government does not care much if share prices drop because investors sell their shares (most likely REIT) due to the 2% tax on dividends above 200,000.
Political parties are only interested to have your votes. A poor citizen contribute one vote, a rich citizen also contribute one vote only.

Development expenses 86 billion only (same as 2024), operating expenses 335 billion 😨, 13.5 billion more than 2024. Minimum wage to be increased from 1,500 to 1,700.
Smart investors surely will know between construction related stocks and consumer related stocks, which one is better. 🤔

99SMART sells roti at small discount.

Case drags on.

Gold price new record high, share price up little bit.

It is possible too some people may mistaken today is cum dividend, otherwise the drop can be more severe.
However, BAuto is a very high yield dividend stock. Government is very committed to boost uses of EV cars and speed up setting of EV charging points throughout the country.
The management should be flexibly able to shift its focus to sales of EV cars, I believe.

* Eagle I mean.

Take his words all the time as entertaining you will feel better.

Market pause awaiting for development allocations announcement in upcoming budget this Friday.

Selldown because of worrying ex div tomorrow would be the usual worse selldown.
XPeng is among top ten popular EV car. But don't know how saleable it is locally.

My predictions were correct.

StarOfTheBull

7,886 posts

Posted by StarOfTheBull > 0 seconds ago | Report Abuse


StarOfTheBull

7,885 posts

Posted by StarOfTheBull > 3 weeks ago | Report Abuse

If interested to invest in oil palm plantation, better choose Malaysia based companies instead of Indonesia based companies.
"The Plantation and Commodities Ministry (KPK) presented a proposal to the Ministry of Finance (MOF) last week to revise the windfall profit levy (WPL) on palm oil in the country."

StarOfTheBull

7,885 posts

Posted by StarOfTheBull > 3 weeks ago | Report Abuse

TSH has only small portion based in Sabah.


StarOfTheBull

7,885 posts

Posted by StarOfTheBull > 3 weeks ago | Report Abuse

And the rest are in Indonesia

Israel assures US it plans to target Iran’s military, not oil or nuclear sites, source says.

Oil is going to 👇

Bad news issit?

是的. 十年前的60零吉跌到现在的7.53零吉. 不可说不惊人. 😨

No new project other than last announced project in Kelantan. Anticipation of a lot of fibre optic projects as mentioned by the lead promoter. Meanwhile, that promoter has flown to Chiang Mai for holidays. Bon Voyage, he wrote.

对了。国庫缺钱，政府现在不开刀要待到何时？

Anticipating of higher tobacco tax aggravating the selldown.

Must learn from Abang Jo.

Mnrb share price is now at par with Manulife. LOL

Agree. And also to all other religions.


qqq47660

8,949 posts

Posted by qqq47660 > 13 seconds ago | Report Abuse

not a good idea to talk bad about muslim and islam here.

u also don't want problems.

What is that so bothering you if you are not sure what I actually implied?

DickyMe

14,821 posts

Posted by DickyMe > 19 minutes ago | Report Abuse

"Posted by StarOfTheBull > 12 hours ago | Report Abuse

Life is temporary, after life is eternity. Reliance on religion is thought as preparation for eternity. 🤔"
===========================
Why not die immediately after birth or commit suicide?
Why bother others with belief system?

One of the reasons mankind relying on religion maybe because of fear, the unknown death.
“未知生，焉知死？”
Ancient great philosopher Confucius explained what is life and death.

We live our own life. Nobody would really concern about the world. Peace in the world is just an utopian ideology.

Life is temporary, after life is eternity. Reliance on religion is thought as preparation for eternity. 🤔

Indecisive in life takes you to no where. Identify the problem, find the best solution.

Gambling as a game is alright.
Consume moderate amount of liquor or beer is harmless.
Motor vehicle is an essential transport to move people around, the benefits are more than enough to compensate polluted smoke emission from it.
Whereas smoking is bad habit that may cause early mortality.

PBB share price is now much cheaper compared to other banks.

Trailer from TV series Yes, Prime Minister:
It explain about cigarette ban.
The Smoke Screen (1986)

Paul Eddington: James Hacker

Jim Hacker : It says here, smoking related diseases cost the National Health Service £165 million a year.

Sir Humphrey Appleby : Yes but we've been in to that, it has been shown that if those extra 100,000 people had lived to a ripe old age, it would have cost us even more in pensions and social security than it did in medical treatment. So, financially speaking it's unquestionably better that they continue to die at their present rate.
Jim Hacker : Leslie, if we do nothing, in the next ten years in this country alone we're going to have one million premature deaths.

Leslie Potts - Minister for Sport : Yes, but evenly spread. Not just in marginal constituencies.

Jim Hacker : We're talking of 100,000 deaths a year.

Sir Humphrey Appleby : Yes, but cigarette taxes pay for a third of the cost of the National Health service. We're saving many more lives than we otherwise could, because of those smokers who voluntary lay down their lives for their friends. Smokers are national benefactors.

Jim Hacker : So long as they live.

Dr. Peter Thorn -Minister of State at the DHSS : Well, briefly, I'm proposing that the government should take action to eliminate smoking: complete ban on all cigarette sponsorship and advertising, even at the point of sale, £50 million to be spent on anti-smoking publicity, ban smoking in all public places, and progressive deterrent tax rises over the next five years until a packet of 20 costs about the same as a bottle of whisky.

James Hacker : Isn't that rather drastic?

Dr. Peter Thorn -Minister of State at the DHSS : Absolutely.

Bernard Woolley : Do you think you will win this one? The tobacco lobby is incredibly powerful.

James Hacker : Well, some you win, some you lose, Bernard. This one I shall definitely lose.

Bernard Woolley : Then why?

James Hacker : If you were the Treasury, which would you rather do without? One and a half billion pounds in tax cuts or four billion pounds in lost tobacco tax revenue?

Bernard Woolley : The tax cuts. It's smaller.

James Hacker : Exactly. That's what I want and that's what I shall get.

Selling down because of ex div 10c. Recovery should be on the way in couple of weeks.

General phenomenon in discussion forums:
Quietly buy a stock.
Next promote it.
When it goes up, excitingly cheers and promote more.
When that stock retraces, ask to buy on weakness.
If it goes down further, in the end keep silence and disappear.

Important date for Johor property developers.
18 October 2024, next Friday.
Hopefully there will be some favourable budget announcements for the planned SEZ.

Calvintaneng is happy enjoying sauna bath in Chiang Mai while promotion is still on going here.

Hurricane news is taking over war news today.

My favourite super mini market, every evening full with customers near my place. No choice have to support a bit.

Bunga Raya is already showing weakness, sudah untung still tak mau cabut kah?

The Plantation and Commodities Ministry (KPK) presented a proposal to the Ministry of Finance (MOF) two weeks ago to revise the windfall profit levy (WPL) on palm oil in the country.
https://theedgemalaysia.com/node/727610

Stock: [TSH]: TSH RESOURCES BHD

1 week ago | Report Abuse

If interested to invest in oil palm plantation, better choose Malaysia based companies instead of Indonesia based companies.
"The Plantation and Commodities Ministry (KPK) presented a proposal to the Ministry of Finance (MOF) last week to revise the windfall profit levy (WPL) on palm oil in the country."

"Huat发 (prosperous)" code word for bilis, it eventually ended as "bo lat liao (no more strength)."🤣

If expect usd100 Hibiscus is a better choice lah.

Pang72 sudah lari leiu.

Hezbollah rockets hit Israeli city of Haifa; Israel launches fresh strikes in Beirut.
Chance of oil price retreating is greater.

To speculate that HRC spike due to Petron tentative close operation for three months is quite illogical. Isn't the market aware that there are other refineries still in operation? Including the big one Petronas?
Not to forget chairman of HRC is also chairman of another petrochemical company in China. Meanwhile, people in Hong Kong was rushing to try their luck in Hang Seng market last week.

If it is true why avoid Petron only but not both?

"Avoid Petron for now. The current surge in HengYuan share price has nothing to do with crack nor Iran/Israel conflict. 🤣🤣🤣"