Pool Funds to buy Public Bank Bhd (1295) PBBANK at KLSE

Dear friends,

Just wonder my plan on pool funds to buy Public Bank Bhd shares (1295) PBBANK at KLSE can run or not? It just a trust or mutual agreement, if no trust then you can try up by yourself to buy in market through brokers or online.

As in the KLSE market, min you need to buy 100 units ( 1 lot = 1,000 units ) at current closed price 06/02/2017 at RM 20.18 per lot means 100 units you need to pay RM 2,018.00 before the brokerage charges, stamping fee, clearing fee, GST, etc

So at here, I open pool funds to buy up Public Bank Bhd share (1295) PBBANK under my HLeBroking account if you wish to join the pool funds. If you interested can email me at simonsee2001@yahoo.com or WhatsApp 01112885539, thanks.

HLeBroking site: https://www.hlebroking.com/v3/default.aspx

Public Bank Bhd pass history records you can view here:
1)http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=1295
2)http://performance.morningstar.com/stock/performance-return.action?p=price_history_page&t=1295&region=mys&culture=en-US

Reason why I choice Public Bank Bhd:
As most of the stock I invested for past 20 years, Public Bank Bhd shares can give me assurance on the steady market price and stable dividends declaration. But the choice are at your own hands if you wish to invest in other shares, we still can shared our view here.

Just to update the pool funds now available (06/02/2018) is RM 49,404.00 (RM 21.48/unit x 2,300 units). So as you can see, just invested in 12 months you can Gain RM 1,300.00 (RM 2,148 - RM 2,018) @ 6.44%pa. As my stock PBBANK in HLeBroking as at 06/02/2018 got 2,300 units so the pool funds available is RM 49,404.00 ( RM 21.48/unit x 2,300 units )

As the funds hold by me, so any transactions in or out (buy or sell) will follow the day before closing market price, I will charge 1% for processing fees on units below 100 units, whereas 100 units and above need to follow normal transactions charges plus 1% processing fees, except dividend interest.

Eg1: Deposit RM 1,000.00 on 07/02/17, will follow 06/02/17 market closing price at RM 20.18/unit
So funds available = RM 990.00 after 1% processing fee RM 10 only
So units available = 49.06 units ( RM 990.00 / RM 20.18/unit )

So dividend interest = RM 15.70 ( RM 0.32/unit x 49.06 units ) as declared on 02/02/17 and EX on 16/02/17, after EX means no more dividends and the market price will reduce by RM 0.32/share but normally it will maintain at the current market price or drop a bit only by history.

Eg2: Deposit RM 3,000.00 on 07/02/17, will follow 06/02/17 market closing price at RM 20.18/unit
So funds available = RM 2,970.00 after 1% processing fee RM 30 only
So units available = 147.18 units ( RM 2,970.00 / RM 20.18/unit )
Out / Sell time follow normal transactions charges plus 1% processing fee.

Dividends interest received under PBBANK declaration will distribute back to investors bank account.

When pool funds available to buy 100 units, I will buy it and inform investors.
All transactions will disclose with slips from HLeBroking to investors.