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?