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NEW SUKUK : DANAINFRA NASIONAL, >>> worth to buy?
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SKY 1809
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Jan 8 2013, 11:58 AM
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QUOTE(chrisw @ Jan 8 2013, 11:06 AM) their main selling point is their guarantor? Section 2 2.2 Profit Payment is guaranteed by the GoM  No harm to use it as temporary parking tool, right Worst case is 3% return than 30% deprecation throughout .... If u foresee market is going to crash anytime Wise man says it is better to predict a small return than expecting a higher gain ( but often turning out to be the big loss ) BTW, We also need tools working the opposite directions of share markets, not just returns per se. Just 3sen talking only This post has been edited by SKY 1809: Jan 8 2013, 12:01 PM
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SKY 1809
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Jan 8 2013, 05:02 PM
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QUOTE(htt @ Jan 8 2013, 04:32 PM) Haha... everyone say so, but don't even see the prospectus leh... But 3.74% hardly inspiring for a search  3.74% is much better than German Bonds, don't u think so But not so attractive when u compare that to Greece one. Maybe u can sell for a 1.5% gain in the open market also....
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SKY 1809
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Jan 8 2013, 05:18 PM
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QUOTE(felixmask @ Jan 8 2013, 05:04 PM) got fee selling back: 0.33% of trade value; Quote form prospetus: How much is the transaction cost to buy and sell DanaInfra Retail Sukuk? There will be no fee at the point of subscription. However, the transaction cost in the secondary market is 0.33% of the trade value.wow, so high. Good for the bankers, and bad for retailers Another money making tool for the bankers/brokers This post has been edited by SKY 1809: Jan 8 2013, 05:18 PM
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SKY 1809
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Nov 30 2013, 11:55 AM
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QUOTE(gark @ Nov 30 2013, 11:33 AM) Well then.... why is 60% of your portfolio in BONDS if you think 4.5% with zero capital appreciation is not worth it..  It's almost the same de mar... Potential capital gain do exist, if MGS yield goes back to below 3.5%...  Judging from the aggressiveness of the outflow of funds, I do not think there are lot of opportunity for the Capital Gains in the near future.
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SKY 1809
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Nov 30 2013, 12:06 PM
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QUOTE(gark @ Nov 30 2013, 12:01 PM) Not in near future.. but then again this is a 15 year sukuk.. long time for it to either fly or drop into longkang. Even fly how high also max 5%-10% gain only...  drop also the same 5%-10% drop max... the drop depends on how good the Govt can do its budgets.............so hard to say there is a max cap there in the long run.......
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SKY 1809
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Nov 30 2013, 12:11 PM
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QUOTE(gark @ Nov 30 2013, 12:07 PM) Haha.. if MGS yield >10% like some africa country..then I am sure the sukuk will be -50% discount... but can this happen?  I sense Indonesia is in that direction , but investors would throw if any one Asean country suffers badly......... Are we like German in Euro This post has been edited by SKY 1809: Nov 30 2013, 12:12 PM
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