money Stock Market

[Dr_PepPeR]

Hi guys, with regards to my dad passing away, we found some stocks "Class A and Class B" which is under his name. We would like to know our options for the said certificates:

1.) Can we hold it for a year while waiting for the stocks to go up before we sell?

2.) Can we move the of the certificates from my dad to me? How can this be processed?

3.) Dies this also apply under estate tax?

 

Thanks!

 

In order to have the stocks transferred under the names of the heirs you will have to prepare an Extrajudicial Partition and pay the corresponding estate tax. If you go to the stock transfer agent of the issuing corporation, they can give you a list of the requirements and the process.

[teban]

hi doc pep, panu po namin malalaman kung sino ung stock transfer agent ng stocks? does the standard estate tax rule apply?

 

Meron din po bang maximum time we can hold or wait till we process this para maiwasan naman na maforfiet lang samin yung stocks.

 

Thanks po

[Dr_PepPeR]

hi doc pep, panu po namin malalaman kung sino ung stock transfer agent ng stocks? does the standard estate tax rule apply?

 

Meron din po bang maximum time we can hold or wait till we process this para maiwasan naman na maforfiet lang samin yung stocks.

 

Thanks po

 

Just call up the office of the Corporate Secretary of the company and ask who are their stock transfer agents. Standard estate fee taxes are used. There si no maximum time limit for you to hold or keep ths stock. However, the estate tax should have been settled within a certain number of days after the death of the decedent and the penalties will start to accrue. Also, you cannot transact the shares of stock until you have transfered them to your or the other heirs' names.

[rapturousone]

teban, you can check at www.pse.com.ph. look for the link to listed companies on the left side of the home page. click on the first letter of the name of the listed company and look for its name on the list that appears. the name of the stock transfer agent of that listed company should be among the information that appears.

[teban]

thanks po doc pep and rapturousone

[teban]

mga sir another question. Upon further investigation of my dad's stocks it appears to be class a, class B and preferred stocks what does this mean?

 

tiningnan ko yung website ng PSE on the preferred stocks wala naman nakalagay na price kung how much na yung trading parang iisang fixed price lang sya.

 

Pwede po paexplain what does preferred and class stocks are?

 

Thanks po

[mmp0gi]

mga sir another question. Upon further investigation of my dad's stocks it appears to be class a, class B and preferred stocks what does this mean?

 

tiningnan ko yung website ng PSE on the preferred stocks wala naman nakalagay na price kung how much na yung trading parang iisang fixed price lang sya.

 

Pwede po paexplain what does preferred and class stocks are?

 

Thanks po

 

Preferred stocks are stocks that have more priority than common stocks. Class A is on top priority. It's based on Dividend pay outs. A Dividend is money that the company pays somebody as a benefit for being a stock owner of its company. It has a higher yield than common stocks. Incase that the company goes bankrupt, it's preferred stock owners get paid first. Although, preferred stocks has no voting rights. Common stocks does. In general, owning preferred stocks is for the long haul and for growth of its value through out time. Your dad bought those stocks for the long run. Find out when and how much was the stock when he bought it and how much dividends did it get.

[magnus]

if prices goes over 2110 its a buy...

 

To get back on the topic: to stock market analysts out there, is it ok to buy shares (trade in PSE)? Are the blue chips good to hold short term?

[Emoguy]

@ magnus

 

Are you talking about TEL? 2110 is a buy? based on what?

[jack08]

teban,

 

preferred shares of stocks are usually not listed sa PSE. common shares lang karamihan at yung mga series A,B,C,etc. yung class A and B sometimes hindi rin listed ang share price to be sure check with the company itself (usually may investor relations department sila) kung wala naman better talk to their stock transfer agent. Kung may stock broker ka, duon ka na lang magpa assist

[xcalibr]

hi guys, any updates on stock market trading? any stock picks for the week?

[scooby91]

PLTL

 

Tanung ko lng po sa mga experts, anu recommendation niyo on PLTL ?

Up to when does one hold on to this stock? (given the latest development with PLDT and MERACLO).

 

Thanks for the advice / guidance...

[teban]

hi guys, already dived into the stock market investment and so far may kinita naman akong konti, though i would like to know more on how to play the stock market. any additional tips and reading materials you have so I can learn more? thanks!

[peithe]

Some go to trust departments or investment houses to invest in GS or Commercial Paper. Some invest in Hongkong/Singapore/Malaysia.

 

I guess the question pertains to what particular asset class to place/invest your money which would be able to provide "security" considering the global crisis.

 

With that I agree that GS or ROPs (for $ funds) would be a good secured investment as they have the sovereign guarantee. Commercial Papers ... you have the counterparty risk there ... meaning what if the company goes puff? Its like the risk you take by depositing your money in banks but unfortunately PDIC covers only up to P500K.

 

Same goes in investing in the countries you mentioned ... what is inherent is again looking at the asset class being offered when you invest in these countries.

[peithe]

Some go to trust departments or investment houses to invest in GS or Commercial Paper. Some invest in Hongkong/Singapore/Malaysia.

 

I guess the question pertains to what particular asset class to place/invest your money which would be able to provide "security" considering the global crisis.

 

With that I agree that GS or ROPs (for $ funds) would be a good secured investment as they have the sovereign guarantee. Commercial Papers ... you have the counterparty risk there ... meaning what if the company goes puff? Its like the risk you take by depositing your money in banks but unfortunately PDIC covers only up to P500K.

 

Same goes in investing in the countries you mentioned ... what is inherent is again looking at the asset class being offered when you invest in these countries.