The feeling of losing

Have you ever experienced the feeling of losing something. Money or something you hold dear. In this post, I would like to talk about my recent defeat experience in a casino which is situated in my hotel.

Well, to be honest, it doesn't sound serious as it seems. I lost 2000 peso (approx RM190) on 16-Jul (Saturday) when I visited the casino with my colleague. The amount lost was not that great but it was sufficient for about 20 meals around IT Park, Cebu (To be honest, the thought of losing 20 meals kinda kill me inside). I gambled on Baccarat when I lost that amount. To be fair, I won a total of 3000 peso in the previous 2 weeks. So, I shouldn't be complaining but still the thought of losing money is not good.

After losing it, I had the tendency to continue putting money on the table in order to get back my initial bet. But I knew I should not do that. After bidding my colleague goodbye, I forced myself out from the casino and headed back to my room. I took sometime to reflect what had happened and honestly speaking, the feeling of losing is unbearable. 

In my previous post, I wrote about the feeling of achieving my dream (visiting Vatican City) was fantastic. Now, this current experience was the contrast. the feeling of losing is really not good. However, in order to cheer myself up, I kept telling myself the feeling was just temporary and I should remember how it felt so that I can endure something greater/worst in the future.

Without sadness, nobody will know what is happiness. We should embrace both good and bad experience in a positive manner and treat them with equal respect because there must be something we can learn from these experiences.

What I have learned from this experience?

1. When gambling, self-discipline is a must. If you win, walk away when you still have winning in your hand. If you lose, treat it as the fare you pay for the entertainment and the thrill. Do not linger. Set a limit for yourself to cut loss and walk away when it is time ( I guess nobody will set a limit to limit winning). And the ultimate rule in gambling is do not gamble you meal money!!!

2. Be mature in handling defeat in any form. Treat it as an experience and do better in the next round.

Bonus Share from Solution Engineering Sdn. Bhd.

A week ago, Solution Engineering issued bonus share and warrant for its shareholders. Since then, I have come across various terms and I took the effort to find out more about them.

Bonus Share
Instead of giving out dividend to its shareholders, some companies opt to issue bonus share as another form of incentives for their loyal shareholders. There are good and bad for shareholder receiving bonus share instead of dividend which could be more practical. Based on my finding, bonus share is issue after the company has gathered enough reserves (dividend which was not paid to shareholders) over the years and transfer them to company's capital. Issuing bonus share will adjust the market price for the share and thus drives volatility, making the share seems to be more affordable and attract more investors.

The following are some articles I have read about bonus share:
why-are-bonus-shares-issued-and-what-are-their-advantages 
bonus-issues-stock-markets

Besides bonus share, Solution Engineering issued bonus warrant for its shareholders. Actually, for this part, I have mixed feeling on this because unlike share, warrant has an expiry date. Well, the expiry date is 5 years from now. I will have to monitor closely to decide if I want to sell them when the price is right, or convert them into regular share.

Ex-Date
This is the cut-off date for which shareholders entitle to get the bonus share. Let's take Solution Engineering as example, the Ex-Date for the bonus issue is 24-Jun-2016 (Friday), which means anyone who holds 0093 until the market closed on 24-Jun, 5:00 PM is entitled to receive bonus issue.

Entitlement Date
This is another date that we should know, but not as important as Ex-date. Entitlement date is the date when shareholders are eligible to get the bonus issue. Malaysia exercise T+3 days, meaning any transaction made on T date, will reflect on Central Depository System (CDS) 3 days after. After T+3, Company Registrar will calculate your entitled bonus based on the record in CDS.

The following is a post from a blogger who explains Ex-Date and Entitlement Date in a very detail way.
鸟样股票: EX-date （除权日）和Entitlement date （可获得股息权力之日）