Which bank offers the best SMF package and rates now?

https://finance.yahoo.com/news/warren-buffe...-110800418.html

Hello guys, I am HLEBroking user and been thinking of utilizing SMF to play dividend funds. And I did so many calculations and all seems to be so wrong, hope to get some answers and opinions from you guys.
Margin call 50% with no cash collateral but share collateral only.
Let say I got 2 stocks
A: 100k unit, share price RM 1.5, capped price is 1.20, % of MV = 95%
B: 50k unit, share price RM 1.30, capped price is 1.00, % of MV = 80%

And is this the correct calculation?
1. 100k * 1.20 * 95% = 114k
2. 50k * 1.00 * 80% = 40k
3. 0 unit, RM 1.50 share price and capped at 90%.
* totaled up 154k as my 50% as my collateral and I get to buy 3rd shares 114k unit although the share price is 1.50?

Whats the best rate now in the market ? Any banker?

Good time to apply for SMF now,... but don't deploy the funds first. Just standby only,...

Make sure no Commitment Fee though,....

SMF is a tool to drive up volume and likely price, and will fuel a bubble. Like in the past, bubble is unsustainable in the long term.

When prices of stocks are compressed heavily with no chg in their fundamentals, solely due to sentiment,... deploying an SMF tool to profit from the mkt is logical, rather than deploying SMF in a toppish mkt.

Having said the above, of course, the tactic has to be right ! Tactics need to be thought out carefully,... with different models to simulate varying scenarios. Leveraging, being a double-edged sword, has a good edge too if we wield the sword correctly.

Leverage amplify profit as well as loss. During the bull market, every punters think he is a gold fingers. Only after the tide turned will reveal who was swimming naked.

This post has been edited by icemanfx: May 29 2019, 01:45 PM

Yes,... hence my statement as below earlier....

When prices of stocks are compressed heavily with no chg in their fundamentals, solely due to sentiment,... deploying an SMF tool to profit from the mkt is logical...

When conditions are correct, ie under a bear mkt,... chances to amplify profit will be higher,.. provided the RIGHT TACTICS are employed.

Easier said than done especially in bear market. Banks and brokers are likely to reduce SMF during bear market.

Hence,... my earlier comments as below,....

May i know which bank provide the best margin ? Low margin interest + provide sell limit function, thanks

If I place FD as collateral, will I still receive interest from it?

Hi bros, just a quick question, what minimum deposit do I need to pledge to get margin financing? Can I start it up with a 10k? Just asking for small fry like me

Bro,.. I can't advise too much, but when I wanted to move in on this a few mths ago, I touched base with DBS SMF. There were terms and conditions. Perhaps you can ask them again,...

Sorry, I did not take up the package,... reason was, if I played too small, there is nothing reasonable that I could reap, and not to confident to play big for now, because, as it is,... I am not able to plough back in what ever dividends I collected.

Hence, no reason for me to take leveraging and add to my headache,...

Anyone dealer or reminset here where i can open SMF account online? please PM me

Any recommendation on SMF package?

I'm currently using Rakumargin. Would like to know experience from other platforms.

For Rakumargin, whenever I sell off my paid/pledged shares, the system will lock my trading limit for T+2, then only can release the trading limit to make new purchase. Is that the same for other SMF user?

Anyone had try cgs cimb share margin financing. What is it brokerage fee for each trade