AS1M 50K per individual and 100 K for 55 years old above one.

just opened-up an acc, no queuing at all, doubt it can achieves 10bil target...

Just went to Maybank to get the AS1M forms. The lady there said it is still available. Bank activity like normal....

I think this only applies to the offer period only, right? After that, I think you can purchase more units. Please correct me if I'm wrong...

the amanah saham 1 Malaysia nowadays sounded more and more like a pyramid scheme.. paying old investors dividends from the money gained from selling new amanah saham like the 1malaysia.

Most likely next General Election is around the corner, big campaign needs big money, must korek from AS1M. That is why Najis launched this fund

AS1M after one week still had many of unit available =.=

I think even non-bumi unit also need some time to sold out, so bumi unit will even harder

cimb @ kch twin tower sux, alwayz run out of form (happened to asm & 1st day of as1m too) despite their traffic is not as heavy as maybank, i got my form at maybank rock rd and open at cimb counter as my $ are deposited there

Just a note, it used to be RM100,000 in the 90s.


Correct. Just like ASW2020 and ASM.



Ponzi scheme doesn't have a clear list where and when they help you to invest your money.

If the funds launched by PNB is a scam, then it is an entirely a whole different kind of scam.


Believe the money is needed to fund Barisan Nasional's grand stimulus plan, same goes to Sukuk. Remember that we're not China. We do not have trillions of reserves to fund the country's stimulus plan. Basically it is like the government is taking a huge sum of loan from its citizens.

This post has been edited by MilesAndMore: Aug 10 2009, 12:07 PM

You just refresh my memory, actually thats what I asked the PNB staff, I said my mom want to transfer the asm unit to my asm account, she told me there is a waiting list and they cannot do the transfer thing.

As for the amanah saham sabah thing, my dad told me that is also fixed at RM1 and guarantee by Musa (Ketua Menteri Sabah).

If it want to drop to 20 cents, what can we do?

Was it in black and white? At least with AS1M, it's in the prospectus, right? Right? Fixed price...

If i'm not mistaken, Amanah Saham Sabah is not fixed at RM1. It is just like ASN. No mention of fixed price or capital guaranteed in the master prospectus of Amanah Saham Sabah.



How can it be guaranteed by Musa (the current chief minister of Sabah) ? Datuk Seri Yong Teck Li was the chief minister of Sabah when Amanah Saham Sabah was launched back in 1996.

This is what the info we had on the surface/ on top of the table. We as an investor we do not know how the stimulus package works? to invest in government linked companies? to inject in buidling up infrastructures? there are so many highway leakage nowadays, stadium in Trengganu also can collaspe within few years it has been built. I am sure it is something wrong, corruption is getting serious. to build Iskandar projects in Johor? 2nd Penang Bridge? Who get the most benefits?

What we get from AS1M is just 3.75% to 4% dividen (against the 5 years bond's benchmark), those corrupted contractors, GLC's officers get more than us (as AS1M investor) for sure..... When see things we cannot see only the surface, or what being told. Note all medias are UMNO-controlled. When everyone rush to do one things like buying AS1M, it is good to have different kind of voice and thought to share...

This post has been edited by lonelyplanet92: Aug 10 2009, 12:39 PM

ASM: Jangan jual kuota bumifrom Utusan Melaysia

ainul.ahsan@utusan.com.my

KUALA LUMPUR 12 Julai - Permodalan Nasional Berhad (PNB) didesak supaya tidak mengambil jalan singkat menjual unit Amanah Saham Malaysia (ASM) kuota bumiputera yang masih gagal dilanggani kepada pelabur bukan bumiputera. Tindakan itu bukan hanya tidak membantu penyertaan bumiputera dalam industri unit amanah saham tetapi bakal meluaskan lagi jurang pemilikan ekuiti kaum bumiputera dengan kaum-kaum lain di negara ini. Sebaliknya, PNB disaran lebih kreatif termasuk menggunakan pengaruh 'paksaan' bagi menarik penyertaan bumiputera melanggan unit-unit yang ditawarkan.

Pakar ekonomi, Dr. Hamzaid Yahya mempersoalkan tindakan PNB itu sambil mendakwa tindakan itu sudah menyimpang daripada matlamat asal penubuhan firma pelaburan terkemuka itu. Menurut beliau, PNB ditubuhkan di bawah Dasar Ekonomi Baru (DEB) dengan tujuan untuk meningkatkan pemilikan ekuiti bumiputera dan meskipun DEB sudah tiada tetapi rohnya masih kuat khususnya bagi kaum Melayu.

''Cadangan PNB ini bukan sahaja tidak membantu tetapi melebarkan lagi jurang pemilikan ekuiti kaum Melayu dengan kaum-kaum lain.
''Saya tidak nampak PNB akan mengalami kerugian sekiranya kuota ASM untuk bumiputera masih gagal dihabiskan. ''Dan, situasi ini juga menunjukkan PNB masih belum cukup berjaya untuk menarik penyertaan kaum bumiputera melabur,'' katanya kepada Utusan Malaysia.

Beliau berkata demikian ketika mengulas kenyataan Presiden dan Ketua Eksekutif PNB, Tan Sri Hamad Kama Piah Che Othman kelmarin bahawa PNB akan menjual kuota bumiputera bagi unit ASM kepada kaum lain sekiranya dana itu masih tidak mendapat sambutan di kalangan bumiputera.

ASM yang mempunyai saiz dana 3.3 bilion unit menyaksikan kuota kaum Cina habis dilanggan sepenuhnya manakala kuota India pula semakin hampir dilanggani sepenuhnya. Hamzaid bimbang sekiranya kuota unit ASM itu mula dibuka kepada semua, tidak mustahil pendekatan yang sama akan digunapakai kepada unit-unit amanah lain juga. Hamad Kama Piah juga berkata, selain ASM, terdapat dana lain seperti unit Amanah Saham Wawasan 2020, Amanah Saham Didik, Amanah Saham Nasional dan Amanah Saham Nasional 2 yang masih lagi belum habis dilanggani bumiputera.

Bekas Presiden Bursa Saham Kuala Lumpur (kini Bursa Malaysia), Datuk Salleh Majid yang tidak menyetujui langsung langkah itu, berkata PNB tidak seharusnya ketandusan idea untuk menarik penyertaan bumiputera melanggan unit-unit amanah yang dijualnya. Jelasnya, sebagai sebuah firma yang gah, PNB tidak boleh sekadar menjual produk tetapi juga perlu mempunyai kepakaran memasarkan produk-produknya khusus kepada golongan bumiputera.

''PNB tidak boleh berterusan mengguna pakai pendekatan yang berhati-hati kerana tindakan seumpama itu tidak membantu meningkatkan kefahaman atau menarik penyertaan kaum bumiputera. ''Sebab itulah, kaum bumiputera masih kurang memahami industri unit amanah dan apabila pemahaman kurang, inilah yang terjadi (kurang penyertaan bumiputera),'' jelas beliau.

Penganalisis ekonomi tempatan, Profesor Madya Dr. Mohd. Noor Yazid juga tidak setuju dengan pendekatan yang bakal diambil PNB kerana dianggap sebagai liberal dan mampu menjejaskan matlamat asal penubuhannya. Katanya, PNB yang kini berusia 30 tahun sepatutnya mengakui hakikat bahawa kaum bumiputera masih lagi terkebelakang dalam aspek kuasa beli kerana bangsa itu bukan pemain utama dalam ekonomi negara.
''Dalam konteks sebagai sebuah negara berbilang bangsa memang menjadi satu keperluan memperuntukan kuota-kuota khusus bagi setiap bangsanya. ''Dan kuota itu perlu dihormati termasuklah dalam konteks isu ini,'' ujar beliau.

Sementara itu, penganalisis ekonomi, Haim Hilman Abdullah pula berpendapat, biarpun masih terdapat dana-dana amanahnya yang lain, cadangan PNB itu seolah-olah meminggirkan kepentingan hak bumiputera. Jelasnya, meskipun tindakan itu baik untuk pertumbuhan ekonomi negara bagi jangka pendek tetapi langkah itu seperti menarik balik keistimewaan orang Melayu.

''Dalam memacu ekonomi negara, memang perlu dasar liberalisasi tetapi sekiranya terlalu liberal dalam semua aspek ekonomi, ia akan memberi ancaman kepada kaum bumiputera sebagai kaum majoriti,'' tambahnya. Haim Hilman berkata, sepatutnya kegagalan PNB menjual apa sahaja produk bagi kuota bumiputera tidak timbul sekiranya PNB mengubah strategi pelaburannya dengan membuka penyertaan kepada entiti yang dikuasai oleh bumiputera. ''Ia tidak setakat kepada Syarikat Milik Kerajaan tetapi juga koperasi, majlis zakat dan pertubuhan milik bumiputera.

''Mungkin dengan cara ini lebih baik daripada tertumpu kepada individu sahaja," katanya.

From : http://www.utusan.com.my/utusan/info.asp?y...mi&pg=ek_01.htm

To each his own.. but at the very least be respectful. (hopefully it was just a typing error)

Agree 100%.

Thinks it's always better to have a different point of view... at least then I feel like I have the option of choice.

i'm curious, why the need for so many AS* when they basically invest in the same thing? (certain %age in maybank, certain %age in cimb, certain %age in sime darby, etc etc)

sure there are some discrepancies with the minority shares, but in general they are the same, no?

Your worry sounds reasonable.

But to call it a pyramid scheme is a bit too much, and not fair to PNB either.

But I do agree there is lack of transparency how PNB invested or how much its NAV already is or how much appreciated or depreciated those invested fund.

Anything related to politcal issue can be discussed in RWI, this is more on finance and investment related stuff. It is ok to have skeptic view on it, but for further discussion on cronies, political issue, please do a favour by bring the discussion at RWI, especially like below qouted post. We just want constructive comment as well as critical post, not something consipiracy theory which is better suit in RWI.
If sketical about just state your opinion, and don't invest, then fine, but for further discussion like bolded part which bring in those political issue into discussion in this section is not appropriate, as this section is about investment related stuff.

Cronies, corrupt? then don't invest. Confidence or ok with PNB investment, then invest. This is what this section about i.e to dissecting investment whether it is worth or not worth and risk of it.

Don't get me wrong, it is ok if one views skeptic about it, just we don't want to see too much political issue involved in here which by then the topic is diverted not related to investment stuff already.

Thanks for the cooperation.

Cheers.

This post has been edited by cherroy: Aug 10 2009, 02:06 PM

Today managed to buy 1500 units of ASM in CIMB bank when i was there to transact some banking transactions. Then I gave my passbook to let teller updated balance and then see whether there are any units or not.

Wow, managed to buy lo.

ASM???i tot sold out???

Thanks for your advice, i am not against PNB or anti government, just to share with other investors to be careful when they invest their hard-earned money. Since this fund is launched by our PM, and PNB was initially set up with the implementation of DEB/NEP, so somehow it is linked to politic.

I can post this in RWI, but how many of the investors that read this thread also read RWI?

It is not like cannot touch any on politic, but as said, can just state the reason why you think so, fullstop at there, any further can raise it at RWI.

The reason why we advise to do so because it can lead a lot of political post later on which is not related to ASx issue already.

Cheers.