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.