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32 comment(s). Last comment by The_JQuestion 2023-10-14 23:54

Income

12,404 posts

Posted by Income > 2023-10-13 15:29 | Report Abuse

CGT kambing. I better run to Spore first. Bursa can’t go up but still want to apply CGT in Bursa???

Income

12,404 posts

Posted by Income > 2023-10-13 15:45 | Report Abuse

Bye bye Bursa

ahbah

6,238 posts

Posted by ahbah > 2023-10-13 16:53 | Report Abuse

" The government is mulling a capital gains tax on profits from specific stock market activities, including IPOs.
10% capital gains tax to be introduced from March 1. This applies to the sale of shares for listed local companies. "

Ah War want to take our moni thru the stk mkt ?

Income

12,404 posts

Posted by Income > 2023-10-13 17:27 | Report Abuse

It’s the most infamous Black Friday the 13th of BURSA , kaw kaw. This is the first capitals flight from Bursa.
LGE also no guts to do CGT but AhWar has the guts to do CGT. Money will run to whoever treats money best, like in non CGT Spore.


i3lurker
its Black Friday the 13th BURSA dies
13/10/2023 4:56 PM

Income

12,404 posts

Posted by Income > 2023-10-13 17:34 | Report Abuse

Bursa really can’t go up and yet Bursa is slap with 10% CGT. Wow this is the first war on Bursa. Slowly CGT will be increased from 10% to 20% to ??%

Posted by EngineeringProfit > 2023-10-13 17:35 | Report Abuse

Still got time. Will sell all by then. Moving out to overseas market

Income

12,404 posts

Posted by Income > 2023-10-13 17:36 | Report Abuse

In US CGT comes with claim for loss from stock market. Bursa, can we claim for losses from Bursa???

Income

12,404 posts

Posted by Income > 2023-10-13 17:38 | Report Abuse

Planning to explore other markets, before Bursa CGT

klee

3,525 posts

Posted by klee > 2023-10-13 17:38 | Report Abuse

Is 'mulling ' only,tahu tak? After all panic sell govt will not implement after 'careful' considerations.Funny ppl read so much into a word.

klee

3,525 posts

Posted by klee > 2023-10-13 17:39 | Report Abuse

Me love panic sellers,esp rr88 kikiki

klee

3,525 posts

Posted by klee > 2023-10-13 17:40 | Report Abuse

And what is 'specfic'? tahu tak? if not wait for clarification la.

Income

12,404 posts

Posted by Income > 2023-10-13 17:44 | Report Abuse

LGE also no guts to do CGT but AhWar has the guts to do CGT.
Do you feel AhWar no guts to implement Bursa CGT? Funny lah you



klee Is 'mulling ' only,tahu tak? After all panic sell govt will not implement after 'careful' considerations.Funny ppl read so much into a word.
13/10/2023 5:38 PM

klee Me love panic sellers,esp rr88 kikiki
13/10/2023 5:39 PM

klee And what is 'specfic'? tahu tak? if not wait for clarification la.
13/10/2023 5:40 PM

Income

12,404 posts

Posted by Income > 2023-10-13 17:46 | Report Abuse

Will open a Spore Stock account this time. Seriously

klee

3,525 posts

Posted by klee > 2023-10-13 17:49 | Report Abuse

Income,your wife ran away with musang i heard? kikiki

klee

3,525 posts

Posted by klee > 2023-10-13 17:50 | Report Abuse

Lousy ppl kena wife dump still got money play spore stocks?

Income

12,404 posts

Posted by Income > 2023-10-13 18:17 | Report Abuse

Labur sikit sikit
Lama lama jadi pinky diamond.
The most infamous saving advice from Boleh land.
You don’t know kah

Blue Tulip

263 posts

Posted by Blue Tulip > 2023-10-13 19:57 | Report Abuse

"The government is also slated to enforce the capital gains tax (CGT) on sale of unlisted shares at a 10% rate beginning March 1 next year..."

CGT on unlisted shares. Meaning not applicable to public listed shares?

klee

3,525 posts

Posted by klee > 2023-10-13 20:06 | Report Abuse

Already said wait for clarification,only novices will panic at every fart anwar released.

OnTime

2,188 posts

Posted by OnTime > 2023-10-13 20:25 | Report Abuse

bursa is such a small market, make no sense at all

ks55

4,242 posts

Posted by ks55 > 2023-10-13 21:11 | Report Abuse

CGT kills. Wonder Geely still interested to continue with autocity project in Tanjong Malim. That is a cool rm 40 billion investment!

ks55

4,242 posts

Posted by ks55 > 2023-10-13 21:15 | Report Abuse

As for hike in sales and service tax, I would rather prefer GST of 6%, instead of SST 8%. Now your car service and eating out will cost more on top of price hike by the vendor/ restaurant owner.

ks55

4,242 posts

Posted by ks55 > 2023-10-13 21:16 | Report Abuse

All in all, Monday will see bloodbath for Bursa.

Income

12,404 posts

Posted by Income > 2023-10-14 01:40 | Report Abuse

https://youtu.be/f6N1UOQBHkY?si=wCawFWizrD5fD_GW
Budget 2024: RM72mil allocated for Malaysia's Olympic gold quest.
Spending wisely la. You tax people left, right, top and bottom. Now you spend 72 million just to get a Olympic Gold medal… not worth it la.

Income

12,404 posts

Posted by Income > 2023-10-14 07:31 | Report Abuse

I need to budget like this to save money 💰 to slowly invest in Spore stocks
https://youtube.com/shorts/0Mk7odaRuFg?si=BK96ytlrhyXFghUK

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-10-14 07:50 | Report Abuse

When the country's Budget keeps spending like no tomorrow, they need more and more Taxes of every kind. So, they are saying to Tax the Rich and help the poor?.......Poor don't need the daily necessities? It's Taxes across the board and lesser for individual or family to spend......BUT LIKE THEY SAY, COUNTRY COMES FIRST.......vomit blood!

speakup

27,028 posts

Posted by speakup > 2023-10-14 08:52 | Report Abuse

bodoh punya ppl oppose GST 5%. nah sekarang SST 8%! PMX tampar muka rakyat

Posted by StartOfTheBull > 2023-10-14 09:52 | Report Abuse

No GST but "goment" still can use other ways to collect additional tax to meet the huge operating expenses, Lan Pa Pa Lan

Income

12,404 posts

Posted by Income > 2023-10-14 10:03 | Report Abuse

Labur sikit sikit
Lama lama jadi pinky diamond.
The most infamous saving advice from Boleh land.

stockraider

31,556 posts

Posted by stockraider > 2023-10-14 12:46 | Report Abuse

Govt veli panlai mah!
Skrg SST naik to 8% loh!
Next yr implement GST at 5% compare to SST 8% govt jadi hero mah!

Income

12,404 posts

Posted by Income > 2023-10-14 13:08 | Report Abuse

stockraider,
You are right. SST goes to 10% in 2025 budget or GST = 5%, let the people choose. Nobody complains when government implements GST 5% la.
AhWar very panlai la. GE coming people will not complain about GST.
LGE infamous GST makan Maggiemee song PN can’t sing in public.


Posted by stockraider > Oct 14, 2023 12:46 PM | Report Abuse

Govt veli panlai mah!
Skrg SST naik to 8% loh!
Next yr implement GST at 5% compare to SST 8% govt jadi hero mah!

The_JQuestion

1,699 posts

Posted by The_JQuestion > 2023-10-14 23:54 | Report Abuse

no need panic la.... already gain taxes from every share buys/sell no point to disturb bursa Capital
Capital also means Assets.... Assets gain is CPG for sure ( business sold ) , I think those listed selling their business also will kena not the which is indirect to shareholders

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