"that RM 0.50 will then be stored inside the share premium account, and it cannot be simply used for normal operation such as company operation. The money here can only be utilized for corporate exercise such as Bonus Issue. When the company do bonus issue, it will then capitalized the money in the share premium account into share capital, and can utilize them for company day to day operation."
In reality, the company does not store away that money. They just use it anyway. Issuing bonus shares does not involve cash. The share premium account is just an accounting entry.
"Over the last 2 years in Malaysia, I noticed an alarming state. There are just too many whom have introduced stocks at a seemingly low price, picked them up and call for a short term gain (by asking other people to buy). There will be a group of people whom will just follow. This is what I called - a hit and run and where they will never come back anymore. The ones that picked up the crumbs will often lose to the ones that call for the stocks in the first place. In theory buying underpriced stocks is definitely not a wrong doing but the way it is done is really not right. Calling it, when other people were still buying for that person to sell is really irresponsible but unfortunately it is vastly happening."
Yes, the above happens all the time. But that is the fact of life in KLSE. Many people think there are tooth fairies in the stock market helping them to make moeny.
Worse case is margin finance is also promoted heavily, even with investment bankers in the promotion talk to entice those present to buy those stocks promoted,with "cheap" margin financing rate.
This I can't stand. It is really really very very bad.
Worse case is margin finance is also promoted heavily, even with investment bankers in the promotion talk to entice those present to buy those stocks promoted,with "cheap" margin financing rate.
This I can't stand. It is really really very very bad.
================================
why? you against capitalism
margin finance is neither illegal nor immoral. It is the oil that grease capitalism.
Posted by stockmanmy > Feb 16, 2017 05:37 PM | Report Abuse Worse case is margin finance is also promoted heavily, even with investment bankers in the promotion talk to entice those present to buy those stocks promoted,with "cheap" margin financing rate. This I can't stand. It is really really very very bad.
================================ why? you against capitalism
margin finance is neither illegal nor immoral. It is the oil that grease capitalism.
I am surprise to see that as an educated person, some more an accountant, you can't see that promoting a stock to the public furiously, and encouraging them to use margin finance to buy the stocks being promoted, while selling his stocks relentlessly at the back, as described in this article, is irresponsible and immoral.
I would like to second the argument that margin financing shouldn't be encourage especially not for beginners. Banks do not care about the welfare of anyone but their bottomline. Additionally, investment should be about investing within your means. One should never go beyond your means as it is tantamount to borrowing money to invest.
you can or cannot stand is you.....but not illegal nor immoral to teach people how to be super investors. Let me tell you how to be super investors....its two words, focus and margin account. This is your passport to unimaginable wealth.
learning is by practise...by doing, by forecasting, measurement, and revise.
Focus and margin...I learn a lot. The way to unimaginable wealth is first to unlearn what other people do
Every super investor is a sailang investor. Look at how Warren Buffett is a sailang man all his life.
=================
kcchongnz Posted by stockmanmy > Feb 16, 2017 05:37 PM | Report Abuse Worse case is margin finance is also promoted heavily, even with investment bankers in the promotion talk to entice those present to
you cannot talk about dishonesty of others without proof. That is called hearsay and defamation. take the case of CSC Steel. I write good articles about it because that is how I felt about it....at that time.
things change, new developments, company started selling treasury shares.....nothing has been dishonest.
look carefully into the life of Warren Buffett. He is a sailng man all through his life. From the moment he borrows money from friends and relatives to buy into a bankrupt textile company into the present day, he has always been more than willing to bet the farm when he has an idea. WB is not your typical portfolio manager.
The difference between him and lesser beings is that he is right.
============== Every super investor is a sailang investor. Look at how Warren Buffett is a sailang man all his life.
WARREN BUFFETT A SAILANG MAN? WHERE YOU GOT THAT? SAILANG WHAT/
Why no reply? What if share drop instead of up? How 100% sure it will go up?
stockmanmy I fail to understand what is meant by "at the expense of others" if there is misrepresentation, what are the specifics? if there is no misrepresentation but the share go down instead of up.....where is the "at the expense of others"? 17/02/2017 15:44
Posted by kcchongnz > Feb 17, 2017 12:45 AM | Report Abuse
Posted by stockmanmy > Feb 16, 2017 11:51 PM | Report Abuse
you can or cannot stand is you.....but not illegal nor immoral to teach people how to be super investors.
ME: WHO SAID IT IS ILLEGAL OR IMMORAL TO TEACH PEOPLE TO BE SUPER INVESTOR?
Raider : it is illegal & immoral if u misrep investor with super investor when buy right u have nothing to show loh...!!
Let me tell you how to be super investors....its two words, focus and margin account. This is your passport to unimaginable wealth.
ME: YOU TELL ME TO BE SUPER INVESTOR? WHAT DO YOU HAVE TO CLAIM THAT? FOCUS AND MARGIN ACCOUNT? HOW? ANY SUBSTANCE IN YOUR THIS TALKING COCK?
Raider ; If people listen to u bet heavy & sailang on ur 2 recent recommendations UMWOG and CSC at Rm 2.38 alot of people would have bankrupt by now loh...!!
learning is by practise...by doing, by forecasting, measurement, and revise.
ME: YEAH KAH? SHOW HOW YOU PRACTISE, DOING, FORECASTING, MEASUREMENT, REVISE...... I HAVE NO IDEA YOU ARE TALKING ABOUT.
Raider : Just mumbo jumbo talk big loh...without facts loh..!!
Focus and margin...I learn a lot. The way to unimaginable wealth is first to unlearn what other people do
ME: WHAT YOU LEARN? I HAVE NOT THE FAINTEST IDEA. UNIMAGINABLE WEALTH? REALLY AH? UNLEARN WHAT OTHER PEOPLE DO? DO WHAT?
Raider: As raider says based on mammy sailang recommendations alot people would have bankrupt loh...!!
Every super investor is a sailang investor. Look at how Warren Buffett is a sailang man all his life.
WARREN BUFFETT A SAILANG MAN? WHERE YOU GOT THAT? SAILANG WHAT/
Raider: Mammy justFalse claim & use great investment personality to lie loh.....!!
Raider... How can we expect a plp person to give his fair view on a matter. When come priority....first thing is plp. That's why he lost to you straight few street....when a person don't have sufficient knowledge and practical experience or skills to make a judgement, don't pretend to be a sifu la. lol
I hardly see a qualified Accountant not talking facts and figures. May be this is the first time... He has lost his way or vision by keeping plp kyy. We don't need to plp people for making money in stock market but it is necessary to plp when we are an employee or building a business...lol
There is nothing wrong to learn from a former dispatch boy....be open minded. He is now different and posses practical investment skills and experience ....we are more concerned on NOW rather than the past.
there is no possibility to be super investor if you follow raider and or KC or the media.
think clearly,
if you want to be super investor, you got to be like KYY and or Warren Buffett...go sailang when you got a good idea....borrow from friends and family and margin account and sailang all in.
I got a few good ideas but I cannot share with you just yet...let me be more sure first.
My own view is simple. I have never dreamed of being someone... whatever superduper investor in future la. I just do my homework , acquiring more knowledge, experiences and create a system work for me to earn money consistently in the stock market. Lol
Posted by Up_down > Feb 18, 2017 12:09 PM | Report Abuse
My own view is simple. I have never dreamed of being someone... whatever superduper investor in future la. I just do my homework , acquiring more knowledge, experiences and create a system work for me to earn money consistently in the stock market. Lol
Quietly and happily making money from stock mkt every year using our own formula.
Dont have to be self proclaimed Super Investor or Msian WB or to PLP them...What for?
Raider. Fully agreed with your view. you are my respected sifu. What I have learned from you most is fearless in stock market. I still remember you had earned a lot of money during Grexit in a short time while I was hiding in the cave. what a joke!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kai8994
406 posts
Posted by kai8994 > 2017-02-16 15:14 | Report Abuse
http://bonescythe.blogspot.my/2017/02/if-you-really-want-to-huat-this-year.html