Tuesday, 31 October 2017

ESPP

ESPP 2016 - 2018

Buying price : $  8.45
Selling price : $  11.90878
Number of share : 320

Percentage earned :
( 11.90878-8.45 )       x 100% = 40.93%
         8.45

Conversion rate : SG to MY : $1 = RM     

27/10/2017 (Friday) : Click for Cash Election.
30/10/2017 (Monday) : Sell on Monday? (Lowest 11.86, Highest 11.98, closed at 11.94)
                                    : Contributions amount credited to OCBC account on 30/10/2017.
31/10/2017 (Tuesday) : Receive email, share sell at $ 11.90878.
                                    : Net cash profit credited into OCBC

Estimated total brokerage and transaction fees
= 0.211% x selling price + $10 telegraphic transfer charges
= 0.211% x 11.90878 + $10
= 0.025127526 + $10
= $10.025127526

Net cash profit
= (11.90878 x 320 share) - $10.025
= $3800.78


** guess S11.90878 is the highest selling price
30/10/2017 : Closed at 11.94
31/10/2017 : Closed at 11.90


- The estimated total brokerage and  transaction fees =0.211% of selling price + S$10 telegraphic transfers charges allocated to the sale and settlement of the shares is based on actual prevailing fees charged by OCBC SECURITIES PRIVATE LIMITED (“OSPL”)

- The ESPP contributions amount used to convert to OCBC shares & net cash profit (if any) will be credited separately to your OCBC account within 1 week from the selling date

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                 SGD                   MYR
Conversion amount (amount that first credit into account) = 8,408.97
Selling price : 11.90878
Acquisition price :  8.45
number of share converted :  320
Conversion rate (SGD $1 = MYR 3.093182) 3.09318
Gross profit = (selling price - acquisition price) x number of shares 1106.8096 3423.56353
Estimated total brokerage and transaction fees
= (0.211% * selling price * number of share) + $10 telegraphic transfer charges 18.04080826 55.80350
Net profit = Gross profit - Estimate total brokerage and transaction fees 1088.768792 3367.76
Interest earned = conversion amount - (monthly contribution * total month) 1013.97
= 8408.97 - (*15)
Total earned = net profit + interest 4381.73
= 3367.76 + 1013.97
% earn from basic :  52.10780903
= (total earned/modal) * 100%
= (4381.73/8408.97) * 100%
= 52%




ESPP 11th 514, Acq price 8.45, 320 unit @ 11.90878, conversion amount 8408.97
ESPP 12th 554, Acq price 10.77