{"id":53,"date":"2012-05-15T19:00:35","date_gmt":"2012-05-15T19:00:35","guid":{"rendered":"http:\/\/imoney.my\/?p=53"},"modified":"2021-08-19T15:45:58","modified_gmt":"2021-08-19T07:45:58","slug":"how-to-buy-facebook-shares-malaysia","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/how-to-buy-facebook-shares-malaysia","title":{"rendered":"How Malaysians Can Buy Shares In Facebook: A Step-by-step Guide"},"content":{"rendered":"

\"Facebook-IPO\"<\/a>Speculators across the world are wondering if the hype of Facebook’s initial public offering (IPO) will be artificially driving up its price. In fact, according to Reuters, Facebook\u2019s IPO is already oversubscribed, despite some concerns about slowing growth, high valuation and signs the company is having trouble increasing revenue from mobile advertising.<\/p>\n

Below are a few recent quotes\/comments by market experts on the topic:<\/p>\n

\u201cMost retail investors will be shut out of the offering and won’t get the IPO price, meaning they likely will have to pay more in the days that follow if they want an early piece of the action.\u201d \u2013 <\/em>The Wall Street Journal<\/em><\/a><\/p>\n

\u201cThe valuation can be justified only if investors assume that Facebook can continue its rapid growth.\u201d – <\/em>Gerard Hoberg, Associate Professor of Finance at the Robert H. Smith School of Business, University of Maryland<\/a>.<\/p>\n

\u201cWhen the smoke clears, it is likely for Facebook to carry a $100 billion market capitalization over top of $1 billion in 2011 net income.\u201d<\/em> \u2013 SeekingAlpha.com<\/a><\/p>\n

Rumour has it the Facebook IPO will create more than 900 millionaires, mostly among Facebook\u2019s early employees. It is no wonder that many casual investors have strong desires to buy a piece of the stock, just to own a part of the company they use so often.<\/p>\n

Do Malaysians want to buy shares in Facebook? After all, Malaysia is one of the most sociable countries on Facebook<\/a>.<\/p>\n

For those who are interested, the iMoney.my research team has put together a table that compares some of Malaysia\u2019s top brokers. With more than a dozen brokers in Malaysia, it is often a colossus task finding and identifying the right broker. iMoney\u2019s research is primarily focused on costs (how to avoid being charged unnecessary fees) and ease of use (how can Malaysians effortlessly own Facebook shares), and below are some of their top recommendations:<\/p>\n\n\n\n\n\n\n\n
Broker<\/strong><\/td>\nFees And Charges<\/strong><\/td>\nEase Of Use<\/strong><\/td>\n<\/tr>\n
Maybank<\/td>\nBrokerage: 0.4% (minimum of USD25)Total fee assuming a RM10,000 investment: RM75<\/strong><\/td>\nPros:
\n– Multiple Bank Branches For Account Set Up (Store Locator<\/a>)
\n– Online Application (For Existing Maybank Customers)
\n– Online Trading Access
\n– Phone AssistanceCons: n.a.<\/td>\n<\/tr>\n
CIMB iTrade<\/td>\nBrokerage: 0.4% (minimum of USD25)
\nContract Stamp: 0.1%
\nBank Charges: RM20 (buy only)Total fee assuming a RM10,000 investment: RM105<\/strong><\/td>\n		Pros:
\n– Multiple Branches For Account Set Up (Store Locator<\/a>)
\n– Downloadable Application Forms
\n– Online Trading Access
\n– Phone AssistanceCons: n.a.<\/td>\n<\/tr>\n
OSK188<\/td>\nBrokerage: 0.1% (min of USD25) based on USD value + 0.3% (min of RM28) based on RM value
\nStamp Duty: 0.1%Total fee assuming a RM10,000 investment: RM115<\/strong><\/td>\n		Pros:
\n– Online Trading Access
\n– Phone AssistanceCons:
\n– Limited Branches For Account Set Up<\/td>\n<\/tr>\n
Alliance<\/td>\nBrokerage: 0.15% (min of USD20) based on USD value + 0.6% based on RM value
\nContract Stamp: 0.1%Total fee assuming a RM10,000 investment: RM130<\/strong><\/td>\n		Pros:
\n– Online Trading Access
\n– Phone AssistanceCons:
\n– Limited Branches For Account Set Up<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

So how do you actually get a piece of Facebook share?<\/p>\n

<\/span>A step-by-step guide to buy Facebook shares<\/strong><\/span><\/h2>\n

Before you can purchase any Facebook shares (or any overseas shares for that matter), there are generally a few things you need to do:<\/p>\n

<\/span>1) Open a foreign shares security trading account with a broker<\/strong><\/span><\/h2>\n

To do this, you will need to bring along<\/p>\n