So nice to read in this forum with full of REAL value and experience investor. Well done.
If anyone need some advice and truly wanted to learn the principles of investment, there you go
1. Investment isn't trading and trading meaning gambling. 2. Never trust IB adviser for the target price due they are the underwriter of warrant like how you can trust a thief to keep an eye to your house. Furthermore, if you don't trade the stock they get zero commission meaning no profit for them thus they do so many research regardless good or bad of the company just let you buy or sell (trade/gamble) everyday. 3. Thus, never buy put/call warrant, option, future as they aren't stock instead a derivatives product made out of nothing to create something to take your money. 4. Never buy Mutual fund or ETF, don't underestimate 1% management fee per year. 10 years take 10% while 50 years take half of your initial investment capital. Do your own homework before buy a stock. 5. Dividend is solid and real money.
Any mistake please advise. Learning is a Lifelong Process so do investment.
Bat went down so much bcos Kenanga used RSS to short Bat (52m) after giving Very low Tp. Now Kenanga got to Buy Back before 1Q21 or else Kenanga Short will be Charcoal
Buyback period is arranged between the supplier ( usually Stockbroker House ) and Shorty(kenanga). No time Limit according to Bursa ( could be 1 day, 1 months etc ...arranged)
RSS short is basically Seller Do a Sell ( T+2 Seller Must transfer Shares to Buyers Or stockbroker can "Find" a stockist to supply the shares and Seller is Charged a interest and a Time Frame to Return the "sell' shares Back to the Stockbroker House )
Regarding RSS, I check bursa RSS data, date from 4 Jan 2020 until 12 Jan 2020, total RSS volume only 30,000 units (300 x lots, per lot 100 unit) for BAT. K&N not playing RSS, it is just dump on hand ticket.
Regulated Short (RSS) is controlled by Bursa. Max Short Volume cannot be more than 3--4 % of Total NOSH...Can read Rules in Bursa.....So you cannot short 50% of Nosh and Caused a crash in Stock price( free for All short ).....So it is Called Regulated RSS
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....
virust
552 posts
Posted by virust > 2021-01-11 10:03 | Report Abuse
So nice to read in this forum with full of REAL value and experience investor. Well done.
If anyone need some advice and truly wanted to learn the principles of investment, there you go
1. Investment isn't trading and trading meaning gambling.
2. Never trust IB adviser for the target price due they are the underwriter of warrant like how you can trust a thief to keep an eye to your house. Furthermore, if you don't trade the stock they get zero commission meaning no profit for them thus they do so many research regardless good or bad of the company just let you buy or sell (trade/gamble) everyday.
3. Thus, never buy put/call warrant, option, future as they aren't stock instead a derivatives product made out of nothing to create something to take your money.
4. Never buy Mutual fund or ETF, don't underestimate 1% management fee per year. 10 years take 10% while 50 years take half of your initial investment capital. Do your own homework before buy a stock.
5. Dividend is solid and real money.
Any mistake please advise. Learning is a Lifelong Process so do investment.