Posted by popo92 > 2019-10-06 21:35 | Report Abuse

KC, since you said there's pros and cons on leverage i do suggest you to write an article on how to use leverage wisely next time. Include some strategies, awareness of traps. Using case study on the darkness alone doesn't actually help them understand SMF as whole.

Posted by kcchongnz > 2019-10-06 21:54 | Report Abuse

Posted by popo92 > Oct 6, 2019 9:35 PM | Report Abuse
KC, since you said there's pros and cons on leverage i do suggest you to write an article on how to use leverage wisely next time. Include some strategies, awareness of traps. Using case study on the darkness alone doesn't actually help them understand SMF as whole.

In this article, I did mention the below,

"Referring to Table 1 and Figure 1, if one had bought Sendai at 65 sen sometime at end of year 2016 before the various articles appeared in public forums would have madeRM100000, or 100% when the share price went up near its peak at RM1.3 half year later in June 2017. With 50% margin, he would have made an amplified return of 192% as shown in Column 1. Even if he had taken profit at 97.5 sen, or 50% above his cost of 65 sen, he would have made 93% return with the margin as shown in Column 2. How wonderful, the beauty of margin finance."

That is the "Bright" side of using margin finance. But knowing the dark side of it, which I always emphasize, and it is devastating to the financial welfare of anybody using it and caught, I will never say more than what I have said about its bright side.

To propagate margin finance in the public forum, in my strong opinion, is highly irresponsible for a senior citizen like me.

Posted by speakup > 2019-10-06 21:56 | Report Abuse

since we discussing margin financing, tell u secret, speakup bought 150k redtone on margin. now dah paper profit

Posted by 3iii > 2019-10-06 21:58 |

Post removed.Why?

Posted by kcchongnz > 2019-10-06 21:59 | Report Abuse

Posted by speakup > Oct 6, 2019 9:56 PM | Report Abuse
since we discussing margin financing, tell u secret, speakup bought 150k redtone on margin. now dah paper profit


This appears in the article above,

"Frankly, I have nothing against anyone who uses margin finance and makes tons of money in the stock market. Congratulation for those who have done it. It is a democratic and capitalist country here and everyone is entitled to be rich."

Posted by 3iii > 2019-10-06 22:00 | Report Abuse

Many valuable lessons can be learned from KYY's investment into Jaks and Sendai.

Posted by kcchongnz > 2019-10-06 23:54 | Report Abuse

Posted by 3iii > Oct 6, 2019 10:00 PM | Report Abuse
Many valuable lessons can be learned from KYY's investment into Jaks and Sendai.

Indeed. Ideally they should be disseminated from the horse mouth but I don't see any sign of it as it is just human nature. We have a Chinese saying,

"It is easy to move the mountain than changing the behavior of a person."

Anyway, I am going to present the lessons one by one.

Posted by abang_misai > 2019-10-07 01:17 | Report Abuse

uncle K's mind's unsound. better not follow him.

Posted by lwyy60 > 2019-10-07 06:00 | Report Abuse

IT IS VERY SIMPLE commonsense. . IF u using margin finance, it just amplify your risk & cost. "High risk high return" Just imagine, out of 10 people, how many will actually earning money from stock market? Then now u want amplify the risk? lolz

Posted by qqq3 > 2019-10-07 09:12 | Report Abuse

how to make money? u make money when u have the right shares at the right time.................


recently, when u have the following shares, u make money.........

OG Dayang, Carimin

Apparel Magni

Eggs Leong Hup

Technology MI, Elsoft, Penta, Vitrox


if u didn't margin and sailang, u make less. If u margin and sailang, u make more....................



https://klse.i3investor.com/blogs/qqq3/227684.jsp





https://klse.i3investor.com/blogs/qqq3/226123.jsp

Posted by qqq3 > 2019-10-07 09:17 | Report Abuse

how to make money? Focus on shares benefiting on US tarifs on China....................

Posted by Ricky Yeo > 2019-10-07 09:39 | Report Abuse

@speakup, what are you trying to say? Your statement is like "tell you a secret, I have been smoking for 80 years and I still can run a mile under 4 minutes."

Posted by Ricky Yeo > 2019-10-07 09:57 | Report Abuse

Margin is not dangerous itself, it is the overconfidence in the market that makes it dangerous

Posted by qqq3 > 2019-10-07 17:54 | Report Abuse

.. but people very funny one, scared this scared that still thinking of making money............night time scared see ghost, day time scared see devil.


analyse the personality of successful people where got scared this scared that?


managing margin account is like managing any business....surely investing is business other wise forget it...................


ever seen a successful business man who doesn't have to over come negative people/ negative comments?


people will say cannot do this, cannot do that...too risky............


some even make a career of telling people cannot do this cannot do that................


think different, think independent, be a contrarian, confident, positive and happy...................



analyse properly based on facts..............

Posted by kcchongnz > 2019-10-07 19:07 | Report Abuse

Posted by qqq3 > Oct 7, 2019 5:54 PM | Report Abuse
.. but people very funny one, scared this scared that still thinking of making money............night time scared see ghost, day time scared see devil.


Posted by Beary > Sep 27, 2017 8:39 PM | Report Abuse
Hahahaaha
Dogmanmy,
KC sifu is having the last laugh on u.

Got feel hot or not?

Got feel pain or not?

Sailang UMWOG from 1.00 to 0.30

Sailang JAKS from 1.80 to 1.30

Sailang Sendai from 1.40 to 0.80

U think u r a cat meh, got 9 lives?

U r a dog la......hahahaha

Now hiding kennel with tail between legs kah?

Looks like u will remain there for a long long time.

Hahahahaha

Posted by qqq3 > 2019-10-07 20:09 | Report Abuse

kc chong...

got any technology stock or not? no technology stock, no OG stock, so apparel stock that benefits from US tarifs on China....recently no need to see stock market already.............

https://klse.i3investor.com/blogs/qqq3/228635.jsp

https://klse.i3investor.com/blogs/qqq3/226123.jsp

Posted by qqq3 > 2019-10-07 20:46 | Report Abuse

black cat white cat...............people knows what it means or not?


it means.....

decisions are to be based on experience, on evidence, on research, study, science not ideology, not what sifus say, not theology, not religion, not bufalo man,

and that is the basis for China's success the last 40 years............

Posted by enning22 > 2019-10-08 10:29 | Report Abuse

qqq3 knows nothing about China,his talks all based on nazi-communist propaganda. what a naivete.

Posted by enning22 > 2019-10-08 10:32 | Report Abuse

hongkong people know exactly what was going on, now total rebel against the Nazi thugs, including businessman LI JIA SHENG.