Posted by calvintaneng > 2018-08-03 14:10 | Report Abuse

LOLANTO likes this.

Good

At least got one "likes"

I3 forumers got hope

Not all are sorchai

Posted by calvintaneng > 2018-08-03 18:25 | Report Abuse

Ng Shu Tsung

Good to see you click likes

How are you brother?

Posted by calvintaneng > 2018-08-03 19:04 | Report Abuse

3iii also clicked likes

Thumbs up!!!

Posted by Jon Choivo > 2018-08-03 19:10 | Report Abuse

Holy shit.

I didnt know that many!

Also today learned that pledged accounts is margin accounts hahahaha. Always wondered why got the word "pledged" but didnt bother to find out.

Posted by Ng Shu Tsung > 2018-08-03 19:36 | Report Abuse

I am fine Mr Calvin Tan. Wish you also doing well.

Posted by calvintaneng > 2018-08-03 22:14 | Report Abuse

Hahaha

Jon Choivo,
I also didn't know how B40 people are so careless about paying high interest rate until you explained

Posted by calvintaneng > 2018-08-03 22:15 | Report Abuse

Yes Ng Shu Tsung

You are transparent in using you real name posting in i3

Posted by Jon Choivo > 2018-08-03 23:19 | Report Abuse

Calvin,

Its possible for it to show as pledged accounts, but the person pay cash right?

Probably unlikely but should be possible right? Not sure, never opened a margin account before.

Posted by DK66 > 2018-08-04 07:47 | Report Abuse

Jon Choivo, yes, possible.

Posted by Ng Shu Tsung > 2018-08-04 09:04 | Report Abuse

And also my real photo although it is a bit touched up to look a bit younger.

Posted by calvintaneng > 2018-08-04 09:49 | Report Abuse

Posted by Jon Choivo > Aug 3, 2018 11:19 PM | Report Abuse

Calvin,

Its possible for it to show as pledged accounts, but the person pay cash right?

Probably unlikely but should be possible right? Not sure, never opened a margin account before.


Good morning Jon,

A pledged account is usually used as a security/collateral to borrow money. In share market financing shares are used as collateral.
So there must be a reason why shares are pledged.
However, shares could be fully paid up without any more margin needed.
In that case the word "pledge" will be removed

In Malaysia Our Houses/Cars title deeds will have these words stamped

"Hak milik di tutut oleh (XXX Bank)" which means that they are used as collateral to borrow monies from Banks.

When a house or Car is fully paid the Bank will a discharge letter. And the word hakmilik will be "Di batalkan" which means discharged and no more owing money.

See

https://economictimes.indiatimes.com/markets/stocks/news/paathshala-all-about-pledged-shares/articleshow/59588942.cms

Posted by calvintaneng > 2018-08-04 09:52 | Report Abuse

Posted by Ng Shu Tsung > Aug 4, 2018 09:04 AM | Report Abuse

And also my real photo although it is a bit touched up to look a bit younger.

WHOA!!!

This is clear as crystal without hiding!

Thumbs up!!!

Posted by Ng Shu Tsung > 2018-08-04 21:34 | Report Abuse

Malaysiakini on 1st August 2018, Wednesday
(co-authored by Peh Beng Kheng Foundation)
https://www.malaysiakini.com/letters/436883

Some tips on how to manage GLCs