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2019-11-14 11:43 | Report Abuse
LOL, in business, there is no friend forever
one day he abang adik with you, the next day because of money related issues, he will turn table on you
I have seen it happened so many times
Posted by OTB > Nov 14, 2019 11:40 AM | Report Abuse
Posted by Icon8888 > Nov 14, 2019 11:11 AM | Report Abuse
180 is possible
many months ago, it traded at 180 comfortably
and then Uncle Koon got fingered in his ass and things went downhill
Ans :
I felt very sad, if he had listened to my advice not to buy Jaks 2 years ago, he would have save a lot of money. How nice this money is given to all poor students as scholarship.
I told him to forget about the past, buy Jaks back at 0.82.
He still can make back his loss, He refused to listen to me.
I feel sad again when I see the price of Jaks skyrocketed up to the sky.
I always want to help him even he attacks me.
He helped me a lot in my business, I am always grateful to him.
寧可天下人負我, 休教我負天下人
Thank you.
2019-11-14 11:40 | Report Abuse
ya, sslee, jump in now
I dare you
2019-11-14 11:29 | Report Abuse
sarawak sifu brings us to Holland
2019-11-14 11:11 | Report Abuse
180 is possible
many months ago, it traded at 180 comfortably
and then Uncle Koon got fingered in his ass and things went downhill
2019-11-14 11:10 | Report Abuse
you will never get rich like this
Posted by hng33 > Nov 14, 2019 11:02 AM | Report Abuse
bought back jaks at 1.22-1.23
2019-11-14 11:06 | Report Abuse
when I told people to buy at 50 sen last year, they said I will go bankrupt
2019-11-13 20:01 | Report Abuse
He gave out his phone number in i3 (014 6101 668)
I check the WhatsApp profile, his handsome photo is there
2019-11-13 18:18 | Report Abuse
Correct
Can tell from comments
Real icon8888 many comments
2019-11-13 17:44 | Report Abuse
I have recently changed my photo to calvintaneng photo
Nice or not ?
2019-11-13 17:44 | Report Abuse
He is fake Icon8888
I am the real one
2019-11-12 18:46 | Report Abuse
I sold long time ago at 120+
No patience to hold so long , especially didn’t know when CPO will run
Hope you guys can make good money
2019-11-12 13:17 | Report Abuse
Hello guys, like my new photo ?
2019-11-12 12:04 | Report Abuse
hi calvintaneng, am I handsome ?
2019-11-12 12:03 | Report Abuse
hi Calvintaneng, you like my photo ?
2019-11-12 11:25 | Report Abuse
just curious - who said this ?
buffett ?
Posted by 3iii > Nov 12, 2019 10:05 AM | Report Abuse
''We don't buy the cheapest stocks or the fastest-growing businesses. We buy the highest-quality companies.''
2019-11-12 11:22 | Report Abuse
the court case will deliver RM1 bil to them
can happen anytime
2019-11-11 20:12 | Report Abuse
SSlee will only buy when power plant ready
Meaning RM2.00
2019-11-11 17:25 | Report Abuse
buy buy buy
quick quick buy
2019-11-11 16:29 | Report Abuse
Results can be out anytime
If you check their past record, sometime they released as early as 8 of November
2019-11-10 11:07 | Report Abuse
Make money you dance and you laugh
Lost money cry mum cry dad curse people
Low class stock for Low class Herbert
2019-11-08 22:32 | Report Abuse
I curi curi bought affin at 195
Hopefully year end window dressing can ramp it up to 210
Quick money, if that happens
ivan9511 Cimb also is the best bank counter for me.
Better than Affin and Maybank
08/11/2019 5:41 PM
2019-11-08 17:04 | Report Abuse
Wah what happens ?
I went to toilet and it shot up
2019-11-08 09:43 | Report Abuse
Charles said I will go bankrupt if I buy Jaks at 50 sen
2019-11-07 11:37 | Report Abuse
usually margin facility has two critical levels to watch out for
if your portfolio shrinks by lets say 20%, it will trigger "no more buying"
then you know your portfolio is heading in wrong direction, and you need to start paying attention, or even start trimming exposure
if portfolio drops further to lets say shrinks by 30%, it will trigger margin call, that is when you really need to trim to avoid force selling
from No Buy level to Force Selling level will usually take days or weeks, so you will have ample time to think and react
it is not as scary as what you think
2019-11-07 10:51 | Report Abuse
Yes, if you are young, and you know how to punt properly, you should do as raider said “jump into margin”
When I was young, I have no capital. I only have a job. So I cash advance using my credit card, and then use the cash to buy shares, and then use the shares to margin
That is what I did to kick start my investment portfolio
Was I being reckless ? Of course not. I knew I have a stable job that generates recurrent free cash flow at month end. So I know I can service the credit card interest rate and principal repayment
Anyway, the credit card debt didn’t last very long time. By end of year I also got bonus from boss, and it went into repayment
To sum it all up, don’t be afraid of debts, manage your cash flow properly and debt can be a productive instrument
(Btw, The above is only useful for gearing up to skilfully invest. If you withdraw credit card cash advance to buy TV buy holidays, you are not acting wise)
2019-11-07 10:38 | Report Abuse
No matter what kind of black swans , if you stick to proper margin principle (mine is one), you will be safe
First of all, This has been proven empirically over past 30 years I used it
Secondly, logic dictates that I will be safe - I will only get forced selling if black swan is so big until my entire portfolio plunged 30% or more in a day. If that happens, that means the market has been hit by something catastrophic. Under that kind of scenario, a seasoned investor will be able to benefit immensely from the following up bargain hunting (maybe over next six months, one year or two years). I always say that don’t be afraid of net worth shrinkage when market plunge , you should only be afraid of net worth shrinkage during normal market (meaning you made terribly wrong investment decisions) , because there is no bearish sentiment for you to capitalise on to recover
2019-11-07 10:22 | Report Abuse
Ricky too academic
every of his sentence I need to read at least twice in order to understand
most of the time I never understand
2019-11-07 10:18 | Report Abuse
recently I saw a lot of newbies appeared in i3 (they seemed to come out of no where, strange)
I look at the way they punt, I shake my head
people like that no need margin also will die kow kow
if they use margin, they die even faster
but they are not the majority
the rest of the people in i3 are quite high quality
they are the type that can use margin....
..... very comfortably
Posted by stockraider > Nov 7, 2019 10:11 AM | Report Abuse
This perception is totally wrong loh....if 99% investors lose monies loh......!!
The correct figure is about 55% of the investors lose monies but the ratio is much higher for newbies & uninformed upto 75% loh...!!
WHY leh ?? Bcos they are actually gambling instead of investing loh..!!
2019-11-07 10:14 | Report Abuse
don't be afraid of margin
I some time geared up to the max of my credit limit
that is risky territory
but I won't stay there for extended period of time
most of the time, within the subsequent few weeks or months, some of my stocks will go up, and I sold to take profit
and my margin automatically drops to very very safe level
no sleep lost
2019-11-07 10:10 | Report Abuse
margin also helped me a lot when I punted Airasia back in 2016 / 2017
when Tony announced he was subscribing for 10% by pumping in RM1 bil (or RM2 bil ? I can't remember), I margin to buy more
like they say, the rest is history
(Ricky, no need to tell me Katrina Hurricane story. I am a pragmatist)
2019-11-07 10:04 | Report Abuse
margin is not supposed to be used for holding Dutch Lady for 10 years
it is costly
with interest rate of closed to 8%, it eats into your capital gain
(KYY always told people margin interest is only 4% or 5%... that is BS (as it is only partially true). If you use margin to buy Blue Chips, you tend to get low interest rates as per KYY. But if you buy any other stocks, expect closed to 8% rate)
it is not meant for nurturing your investment over long period of time
it is best use for quick money, especially for low risk sure return scenario that is almost arbitrage quality
one good example is CIMB recently I bought at 4.95 using margin
it has since gone up to 5.33
a gain of 8% over few weeks.
without margin, you can only look at it with mouth wide open when an opportunity like this presents itself
2019-11-07 09:53 | Report Abuse
lets take a black swan event
911
planes slammed into towers
the next day market nosedived
I was fully margined, at 30% of my portfolio
I got call from brokers said my margin is in trouble
so I sold off 15% of my portfolio (some of the liquid and good quality stocks that can be sold easily and down probably 10% that morning), and the margin problem disappeared completely
I never got margin call again over next few years
so, what is the problem ?
2019-11-07 09:53 | Report Abuse
basically :
(a) like Jon Boy said, keep margin at lets say maximum 30% of your portfolio
(b) diversify (never use it like KYY, putting all money in one single stock Jaks, or Dayang)
(c) don't punt rubbish stocks that can lead to huge losses or go PN17
that is all
nothing difficult
2019-11-07 09:45 | Report Abuse
btw, when I said "depends how you manage it", I am referring to a very easy and simple process of prudence, no rocket science
in other words, any Tom Dick and Harry can do it
2019-11-07 09:39 | Report Abuse
I have been using margin for more than 30 years
never once margin call
survive so many black swans white swans grey swans red swans yellow swans, absolutely no problem
it boils down to how you manage it
margin is actually good stuff, very good stuff
those that don't use it don't know what they are missing
2019-11-06 11:10 | Report Abuse
You are as thick as ever
Cant go far in life
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2019-11-14 12:03 | Report Abuse
Plague in china
Two cases