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CONTRA-NEED HELP

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ravikp
    15-Aug-2009 00:31  
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What is FORCE KEY.. how to use it?
 
 
ravikp
    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..


 
 
ronleech
    14-Aug-2009 23:14  
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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..


 

 
ravikp
    14-Aug-2009 23:12  
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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..


 
 
el7888
    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..

 
 
rage11
    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...


 

 
Kensonic77
    14-Aug-2009 22:48  
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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..

 
 
ravikp
    14-Aug-2009 22:28  
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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..
 
 
Kensonic77
    14-Aug-2009 22:22  
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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..


 
 
ravikp
    14-Aug-2009 22:19  
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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...


 

 
ronleech
    14-Aug-2009 22:08  
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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...

 
 
ravikp
    14-Aug-2009 22:01  
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Is this rules is common for all the transactions (include CONTRA)
 
 
el7888
    14-Aug-2009 21:32  
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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?

 
 
ravikp
    14-Aug-2009 21:24  
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I am using POEMS....
 
 
smartrader
    14-Aug-2009 21:23  
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No need if you are using iOCBC platform.
 

 
ravikp
    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?
 
 
el7888
    14-Aug-2009 21:19  
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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...

 
 
ravikp
    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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