buying for credit

kasun333 · 1 buying for credit Sun Jun 26, 2011 7:01 am

kasun333

Senior Manager - Equity Analytics

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if im buying only for credits, then before buy/sell T + 5 day
1. so then i have to pay money for that share sell my others shares or deposite money for that sell share or no money to pay sell my other shares or deposite money to that share ..
plz explain me...

Aamiable · 2 Re: buying for credit Sun Jun 26, 2011 7:36 am

Aamiable

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If all continue to do that .... that type of shares can continue to decline….only cash rich investment oriented PLCs may survive. ....By now CSE has learned lessons…not worth chasing behind them again…

If all can depost money market would pick up. look for competent PLCs protecting stake holders. …I try to select stocks gifted with such qualities…

early · 3 Re: buying for credit Sun Jun 26, 2011 8:57 am

early

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Agree 100%. It is best to invest in PLC's who protect stake holders. I lost 40,000 recently by investing in a share which crashed after a Rights issue. I hoped the co. might strengthen the share price by giving some positive news, but never happened. Couldnt just watch the investement diminishing so sold at a loss of 40,000 and invested what remained in a plantation co.(MAL.N). Hope to cover up the loss in the long run.

aladdin · 4 Re: buying for credit Sun Jun 26, 2011 9:02 pm

aladdin

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early wrote:Agree 100%. It is best to invest in PLC's who protect stake holders. I lost 40,000 recently by investing in a share which crashed after a Rights issue. I hoped the co. might strengthen the share price by giving some positive news, but never happened. Couldnt just watch the investement diminishing so sold at a loss of 40,000 and invested what remained in a plantation co.(MAL.N). Hope to cover up the loss in the long run.

Can i guess ur crashed right ?? LDEV ?? if so u have blindly gone for the right issue.. My advise is, before going for a right issue game, carefully analyze the main share holders and the QTY they hold each. also the maturing price. This will give u a clue on the XR. If played right issuse game bravely, its a decent gain. At minimum 25% gain in less than a month. Else its a disaster. I mentioned about an suspected upcoming rights issue. But many gave me negative votes for this. I will open my mouth and recall it once the XR comes.