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CONTRA-NEED HELP
ravikp
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15-Aug-2009 00:31     
 
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 Alert Admin 		What is FORCE KEY.. how to use it?
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ravikp
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14-Aug-2009 23:14     
 
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I hope the price will go up next week...



el7888      ( Date: 14-Aug-2009 23:03) Posted:

XR - Excluding Right means the subscribe to the rights issue had expired. Another word is that a stock is trading without rights attached. Those rights remain with the seller.

The reason of cheap current price is because the value of each share was diluted as a result of the increased number of shares issued.



ravikp      ( Date: 14-Aug-2009 22:28) Posted:

Today i bought some Gbl yellow pages shares..but the conter mention that XR..what is that and how will effect the share price..i quess the current price is very cheap..
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ronleech
Master
14-Aug-2009 23:14     
 
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Yells: "Believe in yourself. Ride with the waves......"
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 Alert Admin 		yes, i will reset back to 20K but on screen will not show but can still buy. BTW, your bought midas at 8800, your bal will be 20k-8800-brokage fee......not 20K-8800

rage11      ( Date: 14-Aug-2009 22:59) Posted:

e.g. my buy limit is 20000. when i buy 10 lots of midas @ 0.88 = 8800, so i left 11200. If i sell on the same day @ 0.89 and i click contra when i sell, when sell is done, my limit will restore back to 20000 the min i sell? Because usually i have to wait till the next day before my buy limit is restored back to 20000.

Is that what you mean?



ronleech      ( Date: 14-Aug-2009 22:08) Posted:

If you didnt tick contra, your contraed limit will not be credit into you account on the same day, thus, if you wanna buy other counter, there might not have enough $$ to do so...normally, it will be dredited back to your buying/selling limit the next day..
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ravikp
Member
14-Aug-2009 23:12     
 
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 Alert Admin 		yes...thank you

rage11      ( Date: 14-Aug-2009 22:59) Posted:

e.g. my buy limit is 20000. when i buy 10 lots of midas @ 0.88 = 8800, so i left 11200. If i sell on the same day @ 0.89 and i click contra when i sell, when sell is done, my limit will restore back to 20000 the min i sell? Because usually i have to wait till the next day before my buy limit is restored back to 20000.

Is that what you mean?



ronleech      ( Date: 14-Aug-2009 22:08) Posted:

If you didnt tick contra, your contraed limit will not be credit into you account on the same day, thus, if you wanna buy other counter, there might not have enough $$ to do so...normally, it will be dredited back to your buying/selling limit the next day..
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el7888
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14-Aug-2009 23:03     
 
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XR - Excluding Right means the subscribe to the rights issue had expired. Another word is that a stock is trading without rights attached. Those rights remain with the seller.

The reason of cheap current price is because the value of each share was diluted as a result of the increased number of shares issued.



ravikp      ( Date: 14-Aug-2009 22:28) Posted:

Today i bought some Gbl yellow pages shares..but the conter mention that XR..what is that and how will effect the share price..i quess the current price is very cheap..
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rage11
Member
14-Aug-2009 22:59     
 
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e.g. my buy limit is 20000. when i buy 10 lots of midas @ 0.88 = 8800, so i left 11200. If i sell on the same day @ 0.89 and i click contra when i sell, when sell is done, my limit will restore back to 20000 the min i sell? Because usually i have to wait till the next day before my buy limit is restored back to 20000.

Is that what you mean?



ronleech      ( Date: 14-Aug-2009 22:08) Posted:

If you didnt tick contra, your contraed limit will not be credit into you account on the same day, thus, if you wanna buy other counter, there might not have enough $$ to do so...normally, it will be dredited back to your buying/selling limit the next day...

ravikp      ( Date: 14-Aug-2009 21:18) Posted:



If i want to sell the contra shares  is it need to make a tick on contra column?  pls clarify...
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Kensonic77
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14-Aug-2009 22:48     
 
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 Alert Admin 		XR = Exclude Rights Entitlement. 

ravikp      ( Date: 14-Aug-2009 22:28) Posted:

Today i bought some Gbl yellow pages shares..but the conter mention that XR..what is that and how will effect the share price..i quess the current price is very cheap..
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ravikp
Member
14-Aug-2009 22:28     
 
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 Alert Admin 		Today i bought some Gbl yellow pages shares..but the conter mention that XR..what is that and how will effect the share price..i quess the current price is very cheap..
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Kensonic77
Veteran
14-Aug-2009 22:22     
 
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 Alert Admin 		Yes...

ravikp      ( Date: 14-Aug-2009 22:19) Posted:

Can sell the contra shares on the same day(buying day)

ronleech      ( Date: 14-Aug-2009 22:08) Posted:

If you didnt tick contra, your contraed limit will not be credit into you account on the same day, thus, if you wanna buy other counter, there might not have enough $$ to do so...normally, it will be dredited back to your buying/selling limit the next day..
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ravikp
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14-Aug-2009 22:19     
 
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 Alert Admin 		Can sell the contra shares on the same day(buying day)

ronleech      ( Date: 14-Aug-2009 22:08) Posted:

If you didnt tick contra, your contraed limit will not be credit into you account on the same day, thus, if you wanna buy other counter, there might not have enough $$ to do so...normally, it will be dredited back to your buying/selling limit the next day...

ravikp      ( Date: 14-Aug-2009 21:18) Posted:



If i want to sell the contra shares  is it need to make a tick on contra column?  pls clarify...
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ronleech
Master
14-Aug-2009 22:08     
 
ronleech About Contact  Quote this Post! Style: Flexible   Mood: yawn
Yells: "Believe in yourself. Ride with the waves......"
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 Alert Admin 		If you didnt tick contra, your contraed limit will not be credit into you account on the same day, thus, if you wanna buy other counter, there might not have enough $$ to do so...normally, it will be dredited back to your buying/selling limit the next day...

ravikp      ( Date: 14-Aug-2009 21:18) Posted:



If i want to sell the contra shares  is it need to make a tick on contra column?  pls clarify...
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ravikp
Member
14-Aug-2009 22:01     
 
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 Alert Admin 		Is this rules is common for all the transactions (include CONTRA)
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el7888
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14-Aug-2009 21:32     
 
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 Alert Admin 		There is a limit for Buy and Sell that setup by your broker firm for you. Example, if your Buy limit is $30,000 per day, you used up $20,000. Your Buy limit balance is $10,000. The same apply to Sell limit balance.

ravikp      ( Date: 14-Aug-2009 21:23) Posted:



thanks i have one more doubt..what is meant buy limit balance and sell limit balance?
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ravikp
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14-Aug-2009 21:24     
 
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 Alert Admin 		I am using POEMS....
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smartrader
Elite
14-Aug-2009 21:23     
 
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 Alert Admin 		No need if you are using iOCBC platform.
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ravikp
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14-Aug-2009 21:23     
 
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thanks i have one more doubt..what is meant buy limit balance and sell limit balance?
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el7888
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14-Aug-2009 21:19     
 
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 Alert Admin 		YES!

ravikp      ( Date: 14-Aug-2009 21:18) Posted:



If i want to sell the contra shares  is it need to make a tick on contra column?  pls clarify...
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ravikp
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14-Aug-2009 21:18     
 
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If i want to sell the contra shares  is it need to make a tick on contra column?  pls clarify...
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