Newbie please read this article before making any decision on whether use or not to use margin facility:

http://klse.i3investor.com/blogs/kcchongnz/87726.jsp

I personally like this: “Take care of the downside first, and let the upside takes care of itself.”

Thumb up to all that use margin carefully & wisely!

I agreed with Ricky, think investment like business, act as conducting business transaction and rewarded from carefully executed business decision.

Posted by SuperMan 99 > Dec 8, 2015 04:47 PM | Report Abuse X

Honestly, I do not encourage to buy share with margin facility, unless you are very highly self-disciplined & very clear on the risk & reward from a investing decision. Always think of worse case scenario, then you will use it more carefully & wisely.

That's right, tksw, I use it as standy facility in case of cash emergency in business or personal life.

Of cause, if there is any panic sale like those in August, then it will be useful to me.

It is better than OD as interest rate is much lower (4.85% vs BLR+2%) & no commitment fee if not utilise the facility. BUT, the marketing agent warn me not to use it frequently as OD ... :)

It is ok to learn your trade when young, burn everything is also never mind, it is not a big money anyway.

But using facility to try to earn big is EXTREMELY DANGEROUS, you still have long way to go in life, please not to rush into in.

Yee, I do not encourage you to apply or play margin if you are still studying.

Please don't. It will kill you someday, seriously.

I applied more so I am not so sure on that, the marketing agent from CIMB bank did tell me they will normally approve at least 50k or something.

Honestly, I do not encourage to buy share with margin facility, unless you are very highly self-disciplined & very clear on the risk & reward from a investing decision. Always think of worse case scenario, then you will use it more carefully & wisely.

I am businessman & I want to use it for my own cash flow purposes only.

(You can withdraw cash from the margin facility without selling shares, this is the best part. But you can't do it frequently except emergency time)

Jester, thank you for your comment, but I do not consider myself successful in stock, there are many super great investors in this i3 forums, they are really great & proven.

I just feel lucky not to repeat my mistake made when I was 21, which I lost more than 10k in 6 months period. Buy sell buy sell everyday, gain 1k in a day & lost 1k in the next day. (That's a lot for a young guy then).

My personal earning is much more higher than profit from share investment currently, and I do not want to speculative on any stock.

That's why I need to work hard to EARN MORE, SAVE MORE & INVEST WISELY now.

Hope by 10 years down the road, I can live by the dividend received from my share investment & without comprising my standard of living.

Huat, I choose not to disclose how much I invested in Gadang, all I can say every cent move counts.

My target is to be Top 30 shareholders on every stock I buy. That's my goal in 10 years' time.

Work hard to get more bullets...then buy Gadang.... :)

I recall on the wisdom words from many great investors, investing is kind boring thing, if you feel confidence, then it is good.

If you feel excited or very excited, then you may need to walk away for a while to calm down to avoid any over confidence.

Sometimes it will force you to make some emotional decision which against your initial thought.

I feel excited now & I don't want to spent so much of time keep looking at the movement in price cos I know Gadang will reach its fair value sooner or later.

GADANG, KEEP GOING!!!!

Start engine....

Tksw, Thought u sold all at 1.98? Are u going to buy back at 2.05?

Today target 2...

Thank you for all your words & sharing, truly appreciate.

Icon, we are at the same wave for this stock.

I made some studies over Aji when price was around RM6 one month ago & decided to go for it but did not get much as very difficult to close deal, seem no one in hurry to sell... that's bad for buyers.

Now price up already, not my style to chase & have to look elsewhere. Good luck to all.

Steady & slow up is better, more solid, fast up will also fast down....

Did not mention in the news. Not sure if SC will disclose in the announcement or not.

1.95 is the first obstacle to be cleared before going up to next target 2.

@ Icon, no news, have to keep an eye next few days...

It quite a pleasant shock to me when 2015 Annual Report out... hahaha... I am on the boat & still riding...

名人冷眼Cold Eyes raised its shares in Gadang from 1.5m in 2014 Annual Report to 4.6m shares as stated in 2015 Annual Report.

This stock can easily be the biggest single investment by him in term of Share Value. It show a vote of confidence to the Management & Company's future.

2015 AR:
http://cdn1.i3investor.com/my/files/dfgs88n/2015/10/28/1483763497-1602782678.pdf

2014AR:
http://cdn1.i3investor.com/my/files/dfgs88n/2014/10/28/1481202555-1601859157.pdf

kancs, I don't know what to say on GOB. It's quite a mix.

Good business ahead in selling Damen but not so good management for venturing huge loss making business but no explanation from management on this.

Loss incurred is normal when venturing into new business, few hundred K or a fraction of portion from the overall profits is still reasonable, like Gadang. But loss every year up to 10M & no sign of improvement is way too far & dangerous already.

Not worth to audit on the public listed companies. Too risky.

1 auditor sentenced to jail & this one gantung lesen.... :(

Keep seeing you buy when price up & sell when price down... aiyo, nampak pun sakit mata.

tksw, don't buy & sell too frequently, your brokerage firm will be the one who laugh all the way.

Just buy, keep, wait & ride the wave.

tksw, I saw your 100 unit bought at 1.95 @ 15:14:00

Big guns are buying...

Betul betul lai liao...kali inilah... :)

Institutions are buying 100 lot after 100 lot, something is being cooked...

Well say, Yeo & Wong.

I had a dream.... finally woke up few months ago....

I did have high hope to have good return for my monies in ICapital but it turn out losing way behind to my investment in unit trust.

For existing shareowners, good luck & all the best.

The london guys must be the stupid one & should be regretting now, holding a big churn of icapital shares & find it hard to walk away as only very low transactions everyday.

Perhaps this is the only thing can make me laugh.

TTB should have seen the change in consumer behaviour for China people in recent years & should have known Parkson will not do good with the same business model. But nothing was/is done (to warn in icapital.biz's newsletter or/and to disposed off under closed end fund)

The analysis from Icapital.biz website keep saying good for Parkson & the fact was the price dropped from RM5 to now about RM1. I see no upside but more downside with the floor is the limit.

Very very disappointed on this & that's why I gave up on ICapital.

Cash rich company like Plenitude keeping huge huge cash + shorterm investment (451m) but having revenue of about 250m-300m annually & profits of about 80m every year for the PAST 10 YEARS!

High cash level does not necessary will bring growth & higher profits in coming years! A lot of companies proved that!

And the real fact is ICAPITAL has not been performing at all for the past 5 years!!!

Look at the chart yourself here:
http://klse.i3investor.com/servlets/stk/chart/5108.jsp

Talk about price transacted at discounted NTA, there are more than dozens of companies out there with price way below NTA. Choose wisely.

I still hope Koon can continue to share his thoughts & readers can continue to make investing decisions with more information.

Freely to write & freely to make informed & wise decision.

Sales & net profits are consistently growing over years but PE remain much lower than the historical average, coupled with high potential in getting awarded new projects from Rapid & MRT2, where can it go?

Well say, buddyinvest, thanks for sharing & explanation on the TA part, I am technically blind to it.

I had held most my stocks in icapital since 2007 & bought more when prices down to less than RM1.30 during 2008. Did buy some also after that.

Know what? My overall return was just about 30% at time i decided to dispose off in August this year.

I then put all my monies in Airasia when prices went down to below RM1 & disposed off all at RM1.30.... Buy sell within 2 months.

Then i put most into Gadang when prices were around RM1.4+ & still holding.

All i want to say is i respect ttb as good fund manager, but that did not translate into good return for my monies.

I bought Aim, Tongherr & Parkson based on the analysis from icapital.biz & made huge losses...

Now i choose to do it myself & hope get better return in future.

All want fast money & think market move is within the prediction. Any thing more than 3 months is long term already....

Everyone knows buy low sell high, buy when others don't, sell when people crazy. But in reality, only very small group of people doing it.

Most people chase higher because volume is there already, sell when price down in order to cut loss.

1 year RSI(14) is at 40.65 & stock is down trending. The next support may be RM1.50, the lowest point for 26 weeks.

Disclosing other person wealth status or records by a professional must at first obtaining that person's consent/permission. In this case, it must have been approved, or in fact have been requested to disclose?

It raise a doubt to me, why koon wanted that? For name? For pride? Self ego?

SJSoon, we can only guess.... What to do? This is real fact & hope you are right... :)

Thanks for advices from all bros about margin facility.

Cimb offers BR+0.85%, means 4.85% p.a., for my share margin facility, so it is reasonable rate to me.

Sometimes it is tiring to have to deposit within 3 days from the purchase of shares. (I dont play trade or contra)

I am conservative guy & very selective in stocks, so I'm not worry on over-leveraged. The main purpose is to get ready for any future panic sale... :)

Just applied for a share margin facility & was told cannot too concentrate on a single stock.... macam ini susahlah

Something is brewing, a lot of people buying patiently at this price level ...

SJSoon, great analysis & writing!

Icon, get all your articles & publish book, should be very saleable.