[Asphodeli]

lalalalalala wrote:

Can u guys login? The page keep auto refreshing after I key in my details

that means your account is locked out. call SCB to reset your username and password.

[lalalalalala]

Asphodeli wrote:

that means your account is locked out. call SCB to reset your username and password.

Yup, got locked out. Thanks for the help bros perisher and asphodeli

[Project_Xco]

Hello,

Sorry. Not trying to scare people or sth.

Just a question about SCB online trading platform. I understand that the custodian is SCB itself so SCB will hold our shares. If Stand Chart goes down like lehman brothers, what happens to our shares?

EDIT: Okay nvm. Found the answer here.
http://forums.hardwarezone.com.sg/st...4945607-4.html

[TiOnGSquare]

my starbucks shares in scb still shows the same quantity even thou it has split

[Asphodeli]

TiOnGSquare wrote:

my starbucks shares in scb still shows the same quantity even thou it has split

they a bit the slow la. but it'll be in eventually. check after 3 to 5 days?

[TiOnGSquare]

Asphodeli wrote:

they a bit the slow la. but it'll be in eventually. check after 3 to 5 days?

ok thank yew

[Shiny Things]

Project_Xco wrote:

Hello,

Sorry. Not trying to scare people or sth.

Just a question about SCB online trading platform. I understand that the custodian is SCB itself so SCB will hold our shares. If Stand Chart goes down like lehman brothers, what happens to our shares?

EDIT: Okay nvm. Found the answer here.
http://forums.hardwarezone.com.sg/st...4945607-4.html

No. No no no no no. That article is 100% wrong. It's so wrong the authors ended up being ordered to pull it down.

The shares are held in a ringfenced subsidiary, so Stanchart can't touch them. If Stanchart went down, which is not going to happen anyway, then the subsidiary would hand the shares over to you. Shares in Stanchart are as safe as cash in Stanchart - maybe even safer.

[Sinkie]

Shiny Things wrote:

No. No no no no no. That article is 100% wrong. It's so wrong the authors ended up being ordered to pull it down.

The shares are held in a ringfenced subsidiary, so Stanchart can't touch them. If Stanchart went down, which is not going to happen anyway, then the subsidiary would hand the shares over to you. Shares in Stanchart are as safe as cash in Stanchart - maybe even safer.

Standchart can touch, but it's very inethical and a massive fraud

[Asphodeli]

TiOnGSquare wrote:

ok thank yew

just to share. i had my mandarin oriental rights XR-ed. rights were "consumed" on the 6th of april. shares were deposited on the 8th.

[Tornesoul]

is it advisable to do scrip/drip thru sc? read something bout them rounding down shares. to what extent is this done?

[stam]

Tornesoul wrote:

is it advisable to do scrip/drip thru sc? read something bout them rounding down shares. to what extent is this done?

i think round down to the nearest share. wait for my next round drip. i check and confirm.

[koreanlover]

stam wrote:

i think round down to the nearest share. wait for my next round drip. i check and confirm.

How do I do drip?
Not all companies offer this right?

[Tornesoul]

koreanlover wrote:

How do I do drip?
Not all companies offer this right?

yup only certain coys

[doody_]

Tornesoul wrote:

is it advisable to do scrip/drip thru sc? read something bout them rounding down shares. to what extent is this done?

That has nothing to do with SCB, it's how the company calculates it. SCB has no right to say how many shares you should get via DRP.

[Sinkie]

doody_ wrote:

That has nothing to do with SCB, it's how the company calculates it. SCB has no right to say how many shares you should get via DRP.

I thought this round down issues already is a known issues in scb that many users here have highlighted?