4.25% because BLR is 5.95

Hi Neo,
Of course I know lar! For me, all my minimum purchase is 5K. You're bigger fish than me, so 500 lots should be the right amount!
My current sell strategy is 20% profit margin. The reason is market still not picking up yet. So, go for small kill is enough. When I see sign of recovery, I'll hold my warrant until the mother share reach my selling target.

PS: this is my strategy, not a recommendation to anyone! Just a suggestion! Pls don't flame me!

mean u finance ur house. from real property to virtaul property..... it is risky.

but, u need to be very much patient and hope the company u invest not close shop.

any way it is also a good strategy for earlier retirement.

This post has been edited by sampoo: Feb 17 2009, 11:12 AM

ok ok... good strategy..

20% profit margin is easy la.. mother share need to touch 2.35 already kau tim

Buy reit/dividend stock with 10% dividend, then you are getting 6% with bank money.

350K mean you are getting/earning around 20K for pa, but with a high risk.

Kinda salute your bravery and risk management part.

Resorts CH & CI expiry in August.. still 6 months to go. Touch 2.40 also enuf edy.

that's what i think too!
5-6 months in equity world is just like 5-6 years~

i's holding 200 lots @ rm0.055

actually, the correct calculation is like this...

i got 400k stock collateral already fully paid..
with my collateral i can get 400k worht of credit...

therefore, i already got 750k in the market (because i use 350k)

400k is in REIT, which is giving bout 9% nett dividend (because i bought some at high price too)
Balance 350k, all in 70% high dividend stock , balance 30% growth stock...

i want to REPEAT MY PERSONAL OPINION.. This opportunity only comes once in a lifetime. If u don't do anything bout it... then i think u deserve to remain poor..hahaha

Well, if market goes down to 700 point, then i eat bread and drink plain water everyday lor..hahaha

This idea never cross my mind previously until neo told me. I personally think it is worth the risk (need to study the financial reports diligently). Need to find out more about Margin Financing before make any decision.

Anyone doing deep sea fishing today ?

Our Zelan's expert is missing for some days.

This post has been edited by SKY 1809: Feb 17 2009, 11:31 AM

i think the way u did last time, but it is only practice during the bull is start to run, becos u can quicky settle the loan, but it will expected only happen in 2012 when the big bull start again.

ur timing is not right.

This post has been edited by sampoo: Feb 17 2009, 11:42 AM

Share Margin Financing is good, when u have cash and enuf collateral to support the Margin Facility. Say for example u have ample paid up stocks (note the bank will discount ur shares when the receive it as deposit say a 50% haircut for example), house, land and any tangible assets.

Margin Facility are good because the bank actually finance ur purchase, if u know what ur doing 5% interest per annum lis very little compared to what ur about to gain.

On the flip side of this...
Close to 70% of bankruptcy arise out of margin facility, is margin facility good or bad u be the judge.

**
I think Neo18 would be the right person to start of with a Share Margin Financing thread (not in the sense of promoting it, but as a knowledge based thread)

I know bits and pieces of things to look out for in a share margin fainancing facility.

or anyone else who wants to get the ball rolling on this can start the thred.



This post has been edited by aurora97: Feb 17 2009, 11:45 AM

Live rich, or die trying...
Mmmm.

i should expect the rally last week is ended and the market will crash kaw kaw till end feb or earlier march for the small bull sign.

wah this week my screen very very red.. I LIKE! lol

problem is you dont want to the extent burden ur parents or friends or anyone around u... when a person is a bankrupt its like his hands and legs r taken away.

I dont think i need to remind u all the horror stories people whom are on the brink of bankruptcy, it is when we are there we only realize how cruel this world is and at the mercy of the bank.

for the time being we spend like there is no tomorrow!

yes, that is the right description for me!!! hahaha'

neo will not be rich in short term but i do believe he will eat abalone + shark fin + bird nest everyday when market up
i do admire his guts to play this kind of approach where you c the opportunity u must grab it no matter what it needs takes
but i dont hv it guts like him
what ever you do there is a risk depends on how to minimize it like neo .. putting in high div counters to reduce his risk e.g

wah mo meng,

don't praise me too high ok? i paiseh la.. we are here to learn and to share information. Also, i want everyone in this FORUM TO HUAT ARR!!!

Tee Kong Por Pee all of u make big money from stock market!!!

keep on sharing info!!!

i have also plan my exit strategy...

as at today 900 point, PE base on 2009 earning is 13x against 16.6x for the past 9 years earning. Therefore, it is trading at a discount of 20% base on historical average

Therefore, my exit strategy for 20% of my portfolio is

900 x 1.2 = 1080

therefore, i will sell when KLCI reach 1080

Hmm.. CI broke below 900 already.

This post has been edited by Freelancer: Feb 17 2009, 12:15 PM