ya lar. But do you know how PNB operates or not? They do get preferential treatment when it comes to IPO for all the bigshots, like the upcoming Maxis USD 2 billion IPO. They just need to hold the 30% of Maxis IPO and they don't even need to sell them at KLSE. Maxis will be paying PNB dividends.

That's why all the foreign stockbrokers and investors have been complaining about malaysian stock market - they are too illiquid.

You look at public bank counter, how much volume ? Not much right? Too little sellers in the market for quality stocks because GLCs and PNB are all holding these stocks for dividend purpose.

This is the reason why PNB can still pay out good dividends during bad times.

It all comes down to this:

Do you trust the government?

The people who don't like Dreamer01, refrains from PNB funds. I trust the government, so I buy PNB funds. It all comes down to your personal perception.

1. Get over your losses in UEM will ya? it's been 10 years, it's about time to move on dude.

2. You assume too much. How do you know about me not willing to spend time and effort? funny man.

3. That's right. And I don't expect you to give me a single cent from your investment too.

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Added on August 7, 2009, 12:53 pm

You think only. Which Law ? where? Break what LAW?  Show us.

So you are suggesting that PNB has to follow the LAW when they distribute their NEP portion to ASB, but they will break the LAW when they run ASx as a ponzi scheme?

So PNB follows the Law when it comes to ASB, but it also breaks the law when dealing with ASx. I am a bit confused here. can you make up your mind? are they following, or not following the law?

Agree with you about "your money your decision". However, Don't be to greedy in investment. Everyone want to be rich but I don't think investing all in Unit Trust or ASx is the best way.

AS1M is not as good as other ASx but is better then any UT or FD. 

I think this is down to several reason:

1. Previously few months, there are massive capital raising exercise from Bond Simpanan Merdake, Sukuk, ASM which at least suck in 10 billion of fund or FD in the market. While this AS1M comes in late, people might not that eager for it anymore and could stress in funding for individual.

2. The fund size of AS1M is extra-ordinary large i.e. 10 billion, which previously month of ASM only 2-3 billion if not mistaken. Even the 5% Sukuk come in around 2.5 billion only.
If fund size of AS1M is 2 billion or so, now almost near full already.

3. This fund is relative new compared to ASM, ASW or sukuk that carries 5%, so people might wary about the fund performance. It doesn't help people spread some rumour that the fund only pay 4% which is not the real case here. But a lot of non-investment savy people out there just heard the 4%, all turn back or not having high interest anymore.

I am working for NGO that help goverment giving out this aid. This aid is given by KPKT to the poor .. average household income below RM740 or RM185 per capita regardless of race or religion.

1) The units are not actually "given" to the poor.  What's actually done is that each family is "allocated/tagged" with 10,000 units ASW by PNB. Each given a cert "sijil" ASW.  They are not allowed to sell their units...but they can only collect the dividends.

2) As stated above, its not AS1M its ASW.  The goverment "buys" 100Mil unit worth of ASW from PNB.

Sorry for my poor English. Hope this answer your question. 

i also think the same, ASW non-bumi quota already fully taken up. If the government wants to help the poor regardless of race, with 1Malaysia concept, AS1M is more suitable.

The ASN3 is open to all Malaysians aged 18 years and above.

PNB's ambition is to sell AS1M and to reach 10billion quota set by our PM Najib. What i guess next for AS1M will be

a) declare 1st year annual dividen matching with ASM/ASW2020

b) increase the Chinese quota or open quota to all Malaysian regardless of race, to attract more ppl to invest, after the 1st year annual income annouced.

It's a matter of principal that I will not invest in 'such' funds...