QUOTE(cheahcw2003 @ Aug 11 2009, 11:39 AM)
You have highlighted some good points here.
"Wait and See" probably means
a) they want to see how much dividen pay out for the 1st year, only then decided whether to buy on the 2nd year.
b) Government did not indicate which area/industry they want to invest in from fund generated from AS1M, so after 1 year with the annual report, only we know where the fund investing in. Now noone have clue where the fund will be investing in.
c) since only 1.4bil out of 10bil sold as at last friday, so there are still plenty of opportunity to invest. ASNB calculate dividen from 1st of the month, even if u buy now the dividen only start calculate from 1st of Sept (monthly rest), since there are so many funds still available, better park the fund somewhere to gain daily interest, only buy it end of the month or on 1st of Sept. Then buy the 2nd round -bumi released quota after 3rd sept.
1% charges, even lower than sukuk if only give 5% dividend <----- PNB, knowing chinese is very kiasu type, impose this surcharge after the promotional period, so that those interested will rush to pump in their money b4 the promotional period ended. if response still not good, PNB may waive the 1% charge, i guess.
'kiasu',??, 'wait n see'?? Hold or buy later?? "Wait and See" probably means
a) they want to see how much dividen pay out for the 1st year, only then decided whether to buy on the 2nd year.
b) Government did not indicate which area/industry they want to invest in from fund generated from AS1M, so after 1 year with the annual report, only we know where the fund investing in. Now noone have clue where the fund will be investing in.
c) since only 1.4bil out of 10bil sold as at last friday, so there are still plenty of opportunity to invest. ASNB calculate dividen from 1st of the month, even if u buy now the dividen only start calculate from 1st of Sept (monthly rest), since there are so many funds still available, better park the fund somewhere to gain daily interest, only buy it end of the month or on 1st of Sept. Then buy the 2nd round -bumi released quota after 3rd sept.
1% charges, even lower than sukuk if only give 5% dividend <----- PNB, knowing chinese is very kiasu type, impose this surcharge after the promotional period, so that those interested will rush to pump in their money b4 the promotional period ended. if response still not good, PNB may waive the 1% charge, i guess.
After all the opinions and points raised,
How about trusting your guts?
Although the whole world thinks it is illogical and
irrational, listen to your instincts. Mine tells me to wait.
Aug 11 2009, 12:43 PM

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