Write back of impaired investments.

got any news on election?

i heard on march.

Meaning ?

Sorry I used an accounting/finance term

Let me put it in simple language...

RHB decides that ABC Bond may be irrecoverable becos ABC may be bankrupt or having cash flow problem
RHB will write off ABC Bond
Subsequently situation at ABC changed, RHB may write back the value of ABC Bond

thanks for the explanation.

can you please direct to the point for this RHB Islamic Bond Fund, i believe everyone following this thread would like to know more about it.
your simple language ABC bond referring to RHB Islamic Bond Fund ?

haha...

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Added on December 16, 2012, 7:11 pmNext week do you guys thing Asian market will fall a bit?

This post has been edited by Kaka23: Dec 16 2012, 07:11 PM

why you think so bro ?

RHB is the fund manager for RHB Islamic Bond Fund
They bought dunno what bond, and that bond was impaired due to doubts over its recoverability (the company which issue the bond had cash flow issues if I'm not mistaken)

of course RHB is the fund manager for RHB islamic bond fund. straight to the point bro, some of us neither account nor finance background, that is why we are here to learn n share knowledge. i wonder from where you get the info ?

I am not thinking bro.. I am just hoping..

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Added on December 16, 2012, 9:43 pmThere had been a short discussion last time on why this RHB bond fund suddenly drop alot..

This post has been edited by Kaka23: Dec 16 2012, 09:43 PM

I was never interested in that fund, why would I remember the details

FSM did a write-up on that fund before to explain the drop of NAV back then
So, the recent spike in NAV should be writeback of the impaired bond it held

I see. Okay thanks

tips - look for a bond fund with massive drop of NAV

gamble on it

seriously ? what is good about bond fund ya ?
I'm having 9 fund all equity.

Hehe.. need some diversification bro..

how bout your current holding ? more on bond fund ?

Ya.. too much overweight on bond now. This is due to previous AmDynamic closing, so I dump more into it..

it was TRACOMA bond. i was hit hard that time, sold them away when it was about breaking even (earn some)..and now, it's recovered.. talking bout twice bitten

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Added on December 16, 2012, 11:14 pmi'm too on bond, 100% .. most weight age on PBIBF (public bank islamic bond fund)..DDI/month. yeah, yield's dropping..but oh well..

This post has been edited by kucingfight: Dec 16 2012, 11:14 PM

so your am dynamic bond any good news ?
bond not volatile as equity and more aggressive

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Added on December 16, 2012, 11:17 pmso is TRACOMA bond.

btw do you mean your fund allocation 100% on Bond ? what advantages on bond ?

This post has been edited by aoisky: Dec 16 2012, 11:18 PM

Bro.. not sure what you mean by more aggresive?!!

AmDynamic not much good news, hhaha.. yield has been dropping. But still alot better than FD.