MARI invest

pratik28

Senior Member
Joined
Jul 9, 2020
Messages
701
Reaction score
325
Guys MIG got cut off to Cancel Order too?
Say I place order now 855 AM , latest by what time I am able to Cancel?
 

AnTiLooP

Supremacy Member
Joined
Jan 1, 2000
Messages
6,151
Reaction score
48
MII Buy/Sell order made on the day before 1459 will be determined by the price movement starting from 2230 same day. MII will make use of that to determine the NAV Price on the next day at around 0900, with order confirmation after.
So buy/sell before 3pm local time, will get the next NAV ? Or buy will be current NAV, sell will be next available NAV?
 

Mr.Canberra

Arch-Supremacy Member
Joined
May 22, 2014
Messages
10,082
Reaction score
2,181
Post-Market trading movement is still falling. Can use this to guess 060326 NAV Price and make decision to buy/sell order before 1459, but still volatile, so chances are 50/50.

My buying done for now. Saving one last shot for furthur dip or towards end of the month.

1 year low is $9.33. Quite scary if it tests this support. 🤣

1st Tranche: 27 Feb $9.55
2nd Tranche: 3 Mar $9.47
3rd Tranche: 4 Mar $9.48
4th Tranche: 5 Mar $9.45
Average Cost: $9.4875
 

AnTiLooP

Supremacy Member
Joined
Jan 1, 2000
Messages
6,151
Reaction score
48
My buying done for now. Saving one last shot for furthur dip or towards end of the month.

1 year low is $9.33. Quite scary if it tests this support. 🤣

1st Tranche: 27 Feb $9.55
2nd Tranche: 3 Mar $9.47
3rd Tranche: 4 Mar $9.48
4th Tranche: 5 Mar $9.45
Average Cost: $9.4875
No reservations for the US Jobs report due tonight local time ? Positive report will severely hurt the nav, but the true can be said if opposite.
 

Mr.Canberra

Arch-Supremacy Member
Joined
May 22, 2014
Messages
10,082
Reaction score
2,181
No reservations for the US Jobs report due tonight local time ? Positive report will severely hurt the nav, but the true can be said if opposite.

Unless you are intraday trader all these day to day price movements don't have to bother much.

Just have to know what is the long term trend will do.
 

~sabaisabai~

Arch-Supremacy Member
Joined
Sep 12, 2016
Messages
22,209
Reaction score
3,567
My buying done for now. Saving one last shot for furthur dip or towards end of the month.

1 year low is $9.33. Quite scary if it tests this support. 🤣

1st Tranche: 27 Feb $9.55
2nd Tranche: 3 Mar $9.47
3rd Tranche: 4 Mar $9.48
4th Tranche: 5 Mar $9.45
Average Cost: $9.4875
Good price compared to your previous price
 

Mr.Canberra

Arch-Supremacy Member
Joined
May 22, 2014
Messages
10,082
Reaction score
2,181
Good price compared to your previous price

$9.4875 now vs. previous position at $9.60 definitely a significant difference.

Probably be tanking low 4 figures loss on capital (net gain excluded) at $9.60.

Sold at 2 figures loss just a few days before cut off date. Looking on hindsight forgoing the Feb payouts was a right decision! 🤣

Nowadays I always try not to be penny wise but pound foolish. Earn a bit less or lose a bit of money is fine. Risk management is top priority!
 
Last edited:

AnTiLooP

Supremacy Member
Joined
Jan 1, 2000
Messages
6,151
Reaction score
48
$9.4875 now vs. previous position at $9.60 definitely a significant difference.

Probably be tanking low 4 figures loss on capital (net gain excluded) at $9.60.

Sold at 2 figures loss just a few days before cut off date. Looking on hindsight forgoing the Feb payouts was a right decision! 🤣

Nowadays I always try not to be penny wise but pound foolish. Earn a bit less or lose a bit of money is fine. Risk management is top priority!
I was not much better off, I was in 9.60. Glad I sold and repositioned.
 

Jorgensen

Master Member
Joined
Jun 21, 2001
Messages
4,506
Reaction score
23
My buying done for now. Saving one last shot for furthur dip or towards end of the month.

1 year low is $9.33. Quite scary if it tests this support. 🤣

1st Tranche: 27 Feb $9.55
2nd Tranche: 3 Mar $9.47
3rd Tranche: 4 Mar $9.48
4th Tranche: 5 Mar $9.45
Average Cost: $9.4875
Iirc, there is a limit of 100k to dca?
 

Mr.Canberra

Arch-Supremacy Member
Joined
May 22, 2014
Messages
10,082
Reaction score
2,181
Iirc, there is a limit of 100k to dca?

There is a $100K limit placement for Maribank savings account.

As far as I know there is no limit on the amount to purchase MISP, MII and MIG. You can also fund your investments from another 3rd party bank account.

I not so satki yet to place $100K per tranche. 🤣

$100K monthly payout is about $532. Imagine if you have $1 Million cash. $5320 payout per month. Each trading day just monitor MII price to buy/sell and manage risk if deemed necessary.

Can shake leg pak game at home full time.
 
Last edited:

wutawa

Arch-Supremacy Member
Joined
Jan 25, 2003
Messages
12,590
Reaction score
3,994
There is a $100K limit placement for Maribank savings account.

As far as I know there is no limit on the amount to purchase MISP, MII and MIG. You can also fund your investments from another 3rd party bank account.

I not so satki yet to place $100K per tranche. 🤣

$100K monthly payout is about $532. Imagine if you have $1 Million cash. $5320 payout per month. Each trading day just monitor MII price to buy/sell and manage risk if deemed necessary.

Can shake leg pak game at home full time.
nice, I didn't know can use paynow qr to buy Mari invest. got to be wary abt the big transaction restrictions though
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top