how to count breakeven price?

[sparkling]

Hello bizfun players. Can anyone teach me how to count breakeven price?   

For example, i bought 500shares(5lots) at rm0.81 each. How much is the brokerage fees and other charges? how can i know how much exactly am i being charge for what items?
I key in buy 5lots @ rm0.81, my amount invest should be RM405. but it's stated there gross market value rm415 so i reckon that rm10 additional must be my brokerage fees, rite?
With this, how can i count my breakeven price so that i can know at what price i can sell and won't make any losses.

Thanks a lot 

[Vince]

Gross: Price x Qtty [0.81 x 500] = RM405
Brokerage: (I presume ur rate is 0.70%) RM405 x 0.70% = RM2.835 (But the minimum charges is RM12) = RM12 (therefore not cost effective to buy when your purchase is below RM1,800!)
Clearing Fee: 0.04% = RM405 x 0.04% = RM0.16
Stamp duty = RM1 per RM1,000 contract. So for your case is RM1

Total: RM405 + RM12 + RM0.16 + RM1 = RM418.16
You will notice that your total brokerage is 3.25% one way.. meaining that 6.5% two ways! Therefore your stock must move up to 0.863 just to break even! That's the disadvantage of buying below RM1,800.

If you buy 2,500 shares at same price, ur break even price is 0.823!!

Happy trading!

[smallcap]

Thank you Vince for the clear explanation

[sparkling]

thanks very much for your explanation:)