Share Margin Financing, borrow to play share
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 Mar 23 2011, 11:44 PM
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#1
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Senior Member
534 posts Joined: Dec 2006  
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QUOTE(simplesmile @ Mar 23 2011, 11:04 PM) Where to get the best deal now? If I'm not mistaken, CIMB is currently offering BLR-2. QUOTE(Bonescythe @ Mar 23 2011, 11:21 PM) Totally agreed.. A margin is more like a tool. It is playing with bombs and explosive.. Any tool used improperly will hurt the user.  |
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Mar 24 2011, 08:55 PM
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#2
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Senior Member
534 posts Joined: Dec 2006
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QUOTE(simplesmile @ Mar 23 2011, 11:53 PM) Got this from CIMB Nope, you just need securities worth RM83,333 but it is subject to their capping as not all shares are valued at 100% of its closing price.Collaterals : Quoted Share, Cash or Fixed Deposit Margin of Financing : Up to 60% Financing Amount : Min: RM50,000 Max: RM5 million What does this portion mean? If I want to borrow RM50,000 then I must put in cash of RM83,333? Then I get financing of RM83,333 x 60% = RM50,000 ? i.e. PBB maybe be valued or 100% while TALAM may be valued at 30%. |
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