Plague in china

Two cases

https://www.google.com.my/amp/s/amp.theguardian.com/world/2019/nov/13/two-people-diagnosed-with-pneumonic-plague-in-china

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.

ya, sslee, jump in now

I dare you

sarawak sifu brings us to Holland

180 is possible

many months ago, it traded at 180 comfortably

and then Uncle Koon got fingered in his ass and things went downhill

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

when I told people to buy at 50 sen last year, they said I will go bankrupt

cheap

You like my face ?

He gave out his phone number in i3 (014 6101 668)

I check the WhatsApp profile, his handsome photo is there

No run

Dumb dumb hold

Correct

Can tell from comments

Real icon8888 many comments

I am in

198 average cost

I have recently changed my photo to calvintaneng photo

Nice or not ?

He is fake Icon8888

I am the real one

https://klse.i3investor.com/blogs/icon8888/235203.jsp

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

Calvintaneng

Hello guys, like my new photo ?

hi calvintaneng, am I handsome ?

hi Calvintaneng, you like my photo ?

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.''

the court case will deliver RM1 bil to them

can happen anytime

SSlee will only buy when power plant ready

Meaning RM2.00

buy buy buy

quick quick buy

This Q result should be good

Results can be out anytime

If you check their past record, sometime they released as early as 8 of November

finally cumming

at least

going all the way back to 180

Make money you dance and you laugh

Lost money cry mum cry dad curse people

Low class stock for Low class Herbert

RM6 by year end possible

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

Wah what happens ?

I went to toilet and it shot up

540 !!!

Charles said I will go bankrupt if I buy Jaks at 50 sen

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

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)

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

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

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..!!

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

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)

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

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 ?

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

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

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

You are as thick as ever

Cant go far in life