my Mal.N000 big confusion...

bhagi · 1 my Mal.N000 big confusion... Fri Apr 08, 2011 10:13 am

bhagi

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my mal.n000 shows after dividend that my average price is 111 rs, after dividend it should be divided by 10 and showed as 11.1rs right?...

or is it the way dividends are working?

Slstock · 2 Re: my Mal.N000 big confusion... Fri Apr 08, 2011 10:20 am

Slstock

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bhagi wrote:my mal.n000 shows after dividend that my average price is 111 rs, after dividend it should be divided by 10 and showed as 11.1rs right?...

or is it the way dividends are working?

Some system might not have updated the avergae price . But check whether you have 10 times more shares. Now Mal trading at Rs 11-11.3

bhagi · 3 Re: my Mal.N000 big confusion... Fri Apr 08, 2011 10:28 am

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yes my shares are now 10xed ,but not the average prices...average price is still 111 rs and market price is 11.2 rs...but total portfolio price has been gone up by the number of shares * average price ..thus the loss too...what to do?..

tkc · 4 Re: my Mal.N000 big confusion... Fri Apr 08, 2011 10:33 am

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bhagi wrote:yes my shares are now 10xed ,but not the average prices...average price is still 111 rs and market price is 11.2 rs...but total portfolio price has been gone up by the number of shares * average price ..thus the loss too...what to do?..

Dont worry!! contact your broker....

thilankad · 5 Re: my Mal.N000 big confusion... Fri Apr 08, 2011 11:35 am

thilankad

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don't worry guys software isn't update it will update automatically next day

mine too

but you can manually set avg price

xmart · 6 Re: my Mal.N000 big confusion... Fri Apr 08, 2011 11:41 am

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bhagi wrote:yes my shares are now 10xed ,but not the average prices...average price is still 111 rs and market price is 11.2 rs...but total portfolio price has been gone up by the number of shares * average price ..thus the loss too...what to do?..

Oopz..
Just check your buying power!
if you had 1000 shares for 110= 110,000 Rs
now, 10,000 shares for 110= 1,100,000

now your buying power has increased 10 times more than you had.
just check..

isuru_ra · 7 Re: my Mal.N000 big confusion... Fri Apr 08, 2011 11:42 am

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me too i edit average cost from Directfn

bhagi · 8 Re: my Mal.N000 big confusion... Fri Apr 08, 2011 12:19 pm

bhagi

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hmm ..

say,i had 100 shares for 111 rs

now i have 1000 shares with average price of 111 rs
but total potfolio has gone up by 111*1000

now what will happen if i sell them at 11 rs?.....will it a hugeeeee loss or its the way it works..i loose only the amount that has gone up..

DK · 9 Re: my Mal.N000 big confusion... Fri Apr 08, 2011 1:19 pm

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bhagi wrote:hmm ..

say,i had 100 shares for 111 rs

now i have 1000 shares with average price of 111 rs
but total potfolio has gone up by 111*1000

now what will happen if i sell them at 11 rs?.....will it a hugeeeee loss or its the way it works..i loose only the amount that has gone up..

Bhagi
Here is how you calculate a profit or loss:
Net Cash = Total money received from selling - Total money paid to buy

If Net Cash is positive, then you have a profit. If Net Cash is negative, then you have a loss.

Fresher · 10 Re: my Mal.N000 big confusion... Fri Apr 08, 2011 6:29 pm

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bhagi wrote:hmm ..

say,i had 100 shares for 111 rs

now i have 1000 shares with average price of 111 rs
but total potfolio has gone up by 111*1000

now what will happen if i sell them at 11 rs?.....will it a hugeeeee loss or its the way it works..i loose only the amount that has gone up..

that's just the system info. it will not affect ur profit or loss

after subdivision my HNB shares show an average cost of 10/- Very Happy

npc86 · 11 Re: my Mal.N000 big confusion... Fri Apr 08, 2011 9:36 pm

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This kind of system issues make a big lost in online traders...My orders rejected today due to insufficient balance of stock...have to contact the broker...

Evil or Very Mad

bhagi · 12 reply.... Fri Apr 08, 2011 9:49 pm

bhagi

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this is wats happening, extract from the portfolio

Mal.N 100 shares at 111 rs 11100 rs

after dividend 1000 shares at price of (still) 111rs = 111000 rs(which is now added to portfolio total)

market price 11 rs so total amount holding 1000*11 rs = 11000 rs

so the loss amount in red in my portfolio is 111000-11000 rs = 100,000 rs

but i wonder even if i sell this at the price of 11 rs then ill get 11000 rs..but the portfolio total of excess 100,000rs will get canceled with the loss amount in red that is 100,000 rs.........so ill get back the amount i invested previously (dont count the taxes and all)

now somebody tell...is this correct or still i have to contact the broker...?..this is my first hand experience with the dividend shares..

tc

Fresher · 13 Re: my Mal.N000 big confusion... Fri Apr 08, 2011 9:58 pm

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bhagi wrote:this is wats happening, extract from the portfolio

Mal.N 100 shares at 111 rs 11100 rs

after dividend 1000 shares at price of (still) 111rs = 111000 rs(which is now added to portfolio total)

market price 11 rs so total amount holding 1000*11 rs = 11000 rs

so the loss amount in red in my portfolio is 111000-11000 rs = 100,000 rs

but i wonder even if i sell this at the price of 11 rs then ill get 11000 rs..but the portfolio total of excess 100,000rs will get canceled with the loss amount in red that is 100,000 rs.........so ill get back the amount i invested previously (dont count the taxes and all)

now somebody tell...is this correct or still i have to contact the broker...?..this is my first hand experience with the dividend shares..

tc

first of all, this is not a 'dividend' issue.
This is sub-division of shares or split.
You will see it as a loss as a result of the average cost not being updated but in reality you will not lose anything because of this issue.
if it hinders your portfolio management/tracking or if you just feel bad, then contact your broker. but there is nothing to worry about it.

bhagi · 14 Re: my Mal.N000 big confusion... Fri Apr 08, 2011 10:02 pm

bhagi

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yeah okey..thanks alot guys for the suggestions.. Smile

...sorry yeah its a sub division... Smile

Slstock · 15 Re: my Mal.N000 big confusion... Sat Apr 09, 2011 12:57 am

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bhagi wrote:this is wats happening, extract from the portfolio

Mal.N 100 shares at 111 rs 11100 rs

after dividend 1000 shares at price of (still) 111rs = 111000 rs(which is now added to portfolio total)

market price 11 rs so total amount holding 1000*11 rs = 11000 rs

so the loss amount in red in my portfolio is 111000-11000 rs = 100,000 rs

but i wonder even if i sell this at the price of 11 rs then ill get 11000 rs..but the portfolio total of excess 100,000rs will get canceled with the loss amount in red that is 100,000 rs.........so ill get back the amount i invested previously (dont count the taxes and all)

now somebody tell...is this correct or still i have to contact the broker...?..this is my first hand experience with the dividend shares..

tc

Bhagi,
This is just software updating issue. Not the real situation. In the real world you have not paid Rs 111 for 1000 shares have you? You cost still is Rs 11.1*1000=Rs11100 or same as Rs111*100 isn't it. So you have not made the loss you were worried about in reality.