股市 | Margin Facility With MaybankInvest ~我被offer了
最近老虎打电话及电邮我关于Margin Facility的好处，询问我是否考虑申请。信中也附上以下例子。看起来真的很不错！
Current situation : Let say you do have cash RM50k ·ABC current stock price : RM1 ·With the 50k cash you are allow to buy RM50000 / RM1 (ABC stock price) = 50,000 units Settlement using your own cash that needs to be paid on T+3 after stock purchased |
With margin facility : Let say you do have cash RM50k : · Cash 50k x 1.5 times (multiplier) = RM 75000 · With 1.5 times you are allowed to buy 75000 units of ABC stock RM75000 / RM1 (ABC stock price) = 75000 units ( you have an opportunity to buy more ) Settlement using facility after stock purchased on T+3 after stock purchased |
How much you earn if let say share price increase to RM1.50? (RM1.50 - 1.0) x 50000 units = RM0.50 x 50000 units = RM 25, 000 |
How much you earn if let say share price increase to RM1.50? (RM1.50-1.0) x 75000 units = RM0.50 x 75000 units = RM37,500 |
No interest charged |
Interest charged on outstanding facility: ·Assume interest rate at 5.1%, for 30 days Calculation for interest would be : = ( RM37,500 x 5.1%) X 30 days 365 =RM 157.19 |
How much gain after
minus interest?
=RM 25,000 |
How much gain after
minus interest?
RM37500 - RM157.19 (interest for 30 days) =RM 37342.81 |
RM 25,000 VS RM37342.81 |
|
可是以下的费用。。。让我真的考虑是否有此需要？要我做资本买卖，我觉得我没有那么大心力做好判断 >.<
暂时还没有算如果拿Margin 来买IGBreit或Sunreit长期收股息的话行得通么？需要找时间再看回第一天的‘降熊秘笈’。因为之前没拥有这服务，所以我略过了，哈哈哈。
有用此服务的博友可以分享一下吧，谢过了！
Collateral
Fixed Deposit 2.5 times
Cash 1.5 times, must combine with at least 3 different share and no call warrant share
Share 1.5 times, at least 4 different share and no call warrant share
Interest Charge
We offer as low as 4.85%
* subject to approval
* current BR at 3.2%
Interest will be charge based on total daily outstanding
eg : Credit facility : 100,000
Outstanding : 70,000
Interest : 5.1 (BR+1.9%)
So calculation of interest would be : 70,000 (5.1 %)
-------------------- = RM9.78 a day
365 days
Stamp Duty
0.5% of credit facility
The charge will be refund/rebate to customer if the total of 6 months gross brokerage is equal or more than stamp duty amount.
eg : Credit facility apply : 100,000
Stamp duty charge : (0.5% x 100,000) =RM500
How to make sure the charge refunded after 6 month?
Stamp duty charge : RM500 / 6 month
: RM83.33 minimum brokerage need to generate a month
How much you should trading a month to get the brokerage charge equal to RM83.33 ?
= RM83.33 / 0.42% (brokerage rate)
= RM19841
That means, every month you need to trade at least RM19841 to make sure stamp duty refunded. Its easy :)
Total Charges :
Original margin trading financing facility agreement upstamping
@ RM5 per thousand of credit facility RM 500.00
2nd set of margin trading financing facility aggrement RM 10.00
2 set of memorandum of charge RM 20.00
2 copy of letter of offer RM 20.00
Stamp duty on Bankers cheque RM 5.00-
Total charge RM 505.00
This charge can be included as an outstanding, no cash up front.
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