MM2 Asia *Official* (SGX: 1B0) - Part 5

0218crawford

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what does this means ah?
simple explain means value of shares in the overall portfolio drop until broker not comfortable and need cash top up. if $ not forthcoming, they will liquidate until they comfortable with the risk level.
 

s-ghost

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He pledged the shares to CGS as collateral at certain value

Since the share price cui and further cui and cui, CGS need to ensure the collateral is still valid… sorry, this my noob explanation
simple explain means value of shares in the overall portfolio drop until broker not comfortable and need cash top up. if $ not forthcoming, they will liquidate until they comfortable with the risk level.
okay roughly understand

i also understand i am very screwed
 

Euqorab

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not only damage by mm2 but also unusual since 2015
This guy really midas touch like scrabby

UnUsUaL was the defacto concerts organisers in the good old days siah… almost all concerts in Singapore produced by them, except those Feiyuqing types.. now is the reverseal :s13: :s15:
 

s-ghost

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This guy really midas touch like scrabby

UnUsUaL was the defacto concerts organisers in the good old days siah… almost all concerts in Singapore produced by them, except those Feiyuqing types.. now is the reverseal :s13: :s15:
ah gui no luck :frown::frown:
 

s-ghost

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over the years with all your bets, are you overall up or down?
ah gui luck only down one, rarely got up

got one stock, drop below my buy price, hold very very long, one fine day decide to just cut it

once i cut, it went up, though still below my buy price, i could have take back a little bit more
 

Euqorab

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ah gui luck only down one, rarely got up

got one stock, drop below my buy price, hold very very long, one fine day decide to just cut it

once i cut, it went up, though still below my buy price, i could have take back a little bit more
Same luck for me
One example I decided to cut loss for SPH to deploy my money… few quarters later? Price rose after government announced buyout
 
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