Welcome Guest ( Log In | Register )

72 Pages « < 4 5 6 7 8 > » Bottom

Outline · [ Standard ] · Linear+

 EPF DIVIDEND, EPF

views
     
prophetjul
post Feb 6 2017, 10:21 AM

10k Club
********
All Stars
12,268 posts

Joined: Oct 2010

QUOTE(max_cavalera @ Feb 6 2017, 10:07 AM)
So when will they announce the dividend? Its already February...

Usually end of January or early February....  sweat.gif
*
Never mind. What's the issue?
prophetjul
post Feb 6 2017, 10:41 AM

10k Club
********
All Stars
12,268 posts

Joined: Oct 2010

QUOTE(max_cavalera @ Feb 6 2017, 10:37 AM)
Sorry no issue was anxious since TH not doing well...  console.gif
*
Were you referring to EPF or TH? smile.gif
prophetjul
post Feb 20 2017, 08:20 AM

10k Club
********
All Stars
12,268 posts

Joined: Oct 2010

QUOTE(kwwong99 @ Feb 18 2017, 09:37 PM)
6B reserve in 2015 over 9.5B reserve in 2016. Don't you think this is too much? And the reserves use for what? It's our money - not theirs. Cannot be OPEX, right?
*
Why not Opex?

I understand some employees received 6 months bonuses!
prophetjul
post Feb 20 2017, 08:23 AM

10k Club
********
All Stars
12,268 posts

Joined: Oct 2010

QUOTE(theevilman1909 @ Feb 19 2017, 11:27 PM)
bet you have over 1mil in your EPF  biggrin.gif
*
I have more than that. But I am not happy.......5.7%

As someone stated here, they increased their retained profits for reserves.
prophetjul
post Feb 20 2017, 10:42 AM

10k Club
********
All Stars
12,268 posts

Joined: Oct 2010

QUOTE(nexona88 @ Feb 20 2017, 10:39 AM)
Hmm EPF also c/fwd income...
Its good, but seems like they over done it for this time....
Some mention over 9bil which I think is quite high hmm.gif
*
Probably anticipating a worse 2017. Trying to spread the dividends over these worse coming years

Question will be whether to receive 5.7 in 2016, 6 in 2017, 6.1 in 2018

OR 6.3 in 2016, 5.7 in 2017 and 5.5 in 2018 ? laugh.gif
prophetjul
post Feb 20 2017, 10:50 AM

10k Club
********
All Stars
12,268 posts

Joined: Oct 2010

QUOTE(netmask8 @ Feb 20 2017, 10:44 AM)
Are you sure chicken Rice cost only  SGD 2 ? When is the last time you been to Singapore eat chicken rice at
Kallang, Toa Payoh, Bukit Batok or Geylang?    http://www.thebestsingapore.com/eat-and-dr...e-chicken-rice/  hmm.gif

Monetary Authority of Singapore objective is to hike SGD, to makes their IMPORT cheaper, as well as to control inflation. If your country
is EXPORTING a lot,  lower currency exchg rate is preferred.

Singapore CPF 2.5%  rclxub.gif  ordinary account vs  Malaysia EPF 5.7%  , since many peoples here always like to compare.
CPF not doing well in ROI ??  Fixed rate also low in Singapore ..
*
3.5 is still cheaper than Msia.

Most retirement funds measure against inflation. SG inflation is pretty muted compared MYR inflation
prophetjul
post Feb 20 2017, 11:02 AM

10k Club
********
All Stars
12,268 posts

Joined: Oct 2010

QUOTE(nexona88 @ Feb 20 2017, 10:46 AM)
Hmm most likely its 5.5%...
They don't want to risk people getting angered if goes even lower like 5% blush.gif
Slow slow drop...
*
The carry over of income is most probably to mitigate the projected 5% this year.
Each % is like how many billion?
prophetjul
post Feb 20 2017, 11:03 AM

10k Club
********
All Stars
12,268 posts

Joined: Oct 2010

QUOTE(plumberly @ Feb 20 2017, 10:50 AM)
Thanks. I thought I saw a "9" figure. Yours talks about 8 billion. So ...
Ahha, yes, I think I saw a "9" figure too.  Do you still remember where is that article?

Scary thought came to mind just now.

Even with 47 billion, we get only 5.7%

How much do they need in the future to give 6+%?

I will try to study the % with annual find size and see how much that has influenced the final %. So trying to get the yearly EPF fund size.
*
Looks like they need approx. 8.24 bil for a 1% payout presently
prophetjul
post Feb 20 2017, 11:18 AM

10k Club
********
All Stars
12,268 posts

Joined: Oct 2010

QUOTE(rupart @ Feb 20 2017, 11:09 AM)
for those that unhappy...did you manage ur funds urself in mutual funds? how much return u got  for 2016?
*
My investment generated 18 % returns in 2016. NO UTs
prophetjul
post Feb 20 2017, 02:38 PM

10k Club
********
All Stars
12,268 posts

Joined: Oct 2010

QUOTE(plumberly @ Feb 20 2017, 11:25 AM)
Excellent!

Mind taking me as a hardworking student? Ha.

In shares, ETF, bonds, commodities, RE, etc etc?
*
I have a spread of assets. But last year the biggest generator of the returns were gold /silver mining stocks.
prophetjul
post Feb 20 2017, 02:39 PM

10k Club
********
All Stars
12,268 posts

Joined: Oct 2010

QUOTE(nexona88 @ Feb 20 2017, 11:47 AM)
Wah quite impressive figure...
EPF should take u as their investment officers rclxms.gif
*
Maybe out of their risk profile ! biggrin.gif
prophetjul
post Feb 20 2017, 02:43 PM

10k Club
********
All Stars
12,268 posts

Joined: Oct 2010

QUOTE(netmask8 @ Feb 20 2017, 12:01 PM)
As usual, create and telling good storytelling only . Need to take care Face & Status excellent records.
Perhaps, share records for the past 10 years.  hmm.gif  Warren Buffet also need special advice too.  laugh.gif
*
Doesn't mean my methods will work for all. Neither does WB methods. It's all individualistic.
Did ANYONE invest in gold in 2002? I did........ biggrin.gif


prophetjul
post Feb 20 2017, 02:59 PM

10k Club
********
All Stars
12,268 posts

Joined: Oct 2010

QUOTE(netmask8 @ Feb 20 2017, 02:55 PM)
Yes, gold and other precious metals were at low on Nov 2015 and peak on Sept 2016, you got 18% ROI.  How about your records in year 2012 - 2015?  Need to have consistently
Good ROI reports, not only year 2016.

I just started bought some precious metals counters in USA in July 2015.
*
I gave 2016 because of the EPF returns............ hmm.gif

Some earlier years, I had as high as 300% returns on my mining stocks! nod.gif
prophetjul
post Feb 21 2017, 08:38 AM

10k Club
********
All Stars
12,268 posts

Joined: Oct 2010

http://www.msn.com/en-my/money/other/malay...0pts/ar-AAn7vhV

Hi risk, high losses.

2016 Impairment of MYR8.17 was the highest ever for EPF.
Methinks to offset this, they have decided to retain more reserves for future years.
However, this will affect the present stakeholders who may not have a stake in the future!

That impairment equates to roughly 1% of dividend brows.gif

AND the CEO try to put up smoke mirrors comparing the impairment with the fund NAV! mad.gif

QUOTE
Speaking at a press conference on its dividend announcement here yesterday, CEO Datuk Shahril Ridza Ridzuan assured members that the impairment level is not alarming as it accounts for only 1.2% of the total investment assets of RM731.11 billion as at Dec 31, 2016.

“The impairment is not very much and it allows us to maintain a very healthy balance sheet,” he said.



This post has been edited by prophetjul: Feb 21 2017, 08:50 AM
prophetjul
post Feb 21 2017, 02:11 PM

10k Club
********
All Stars
12,268 posts

Joined: Oct 2010

QUOTE(plumberly @ Feb 21 2017, 02:09 PM)
Well done Sifu!

Much better than my single digit return for 2016.

Just wondering, can it be just adding up the %?

Say

1 million      return 5 %
10,000        return 25%

Then 5+25=30% is not right.

Should be pro-rata to the amount invested for each and then take the average return.

My 2 cents.
*
Have to use weighted average.
prophetjul
post Feb 22 2017, 08:32 AM

10k Club
********
All Stars
12,268 posts

Joined: Oct 2010

QUOTE(Hansel @ Feb 21 2017, 07:19 PM)
Tq fro the opinions,... well,... the way I counted was by using, say eg RM 300 converted into the AUD sometime last year, which produced AUD 100. Then I invested this AUD 100, and this AUD 100 became AUD 102.21. If I reconvert back that AUD 102.21 into the RM at today's exchange rate of 3.44, it would be RM351.60.

Hence, I made RM51.60 over the RM300 earlier, which is 17.2%.

Dividend same principle,...

smile.gif  Rough calculation,...
*
Weighted average will be


Asset................ Invested Sum...................Returns(%)

Gold....................1mil.............................23

Gold Miners..........0.5mil......................150


Weighted average = 1 x 23 +0.5x150/(1+0.5) = 65.33%
prophetjul
post Feb 23 2017, 08:47 AM

10k Club
********
All Stars
12,268 posts

Joined: Oct 2010

QUOTE(plumberly @ Feb 22 2017, 09:03 PM)
My gut feel is something is not right with the low 5.7% despite the record 2016 revenue. See below. Swept/hidden under RM8.2 billion impairment?
Pakatan Harapan leaders today urged the Employees Provident Fund (EPF) to dispose its investments in 1MDB as soon as possible.

In a joint statement signed by Parti Amanah Negara’s Dzulkefly Ahmad, PKR’s Wong Chen and DAP’s Teresa Kok, the opposition coalition claimed that the decrease in EPF’s 2016 dividend rate was due to EPF’s investment amounting to RM1.72 billion in 1MDB.

Apart from the EPF, Pakatan Harapan also urged government institutions such as Tabung Haji and Retirement Fund Inc (KWAP) to dispose their investments in state investment fund.

The EPF, they said, was facing financial problems which would in turn affect EPF depositors.

“EPF’s investment of RM1.72 billion is a huge amount, more so since the funds are from the people’s savings,” they said.

Read more: https://www.malaysiakini.com/news/373422#ixzz4ZQ0TF2Ab
*
BIASA........EPF lendings, bailouts and write offs.
Afterall, as the CEO said...........ONLY 1.2% of NAV.
prophetjul
post Feb 27 2017, 08:46 AM

10k Club
********
All Stars
12,268 posts

Joined: Oct 2010

QUOTE(danmooncake @ Feb 27 2017, 06:22 AM)
Sure.. only if Msia "overseas" investment is substantial enough to earn a lot more
and the ringgit devalues further against the foreign currencies, then surely it will translate into higher
earnings when converted back into Ringgit.

But, then again. It can go both ways. If Ringgit appreciates again, earnings from abroad will be lesser..
thus, don't be mad if dividends will go lower.

Here's the thing a lot of people don't realised. There is a MANDATORY requirement, at minimum,
dividends at 2% is GUARANTEED. This is regardless of EPF making money or not.
EPF could potentially run into problem (with negative revenue) if there is a severe world wide recession that runs multiple years.  So far, EPF is very lucky, none of them has happened.
*
Sounds like a DEPRESSION.... sweat.gif
prophetjul
post Mar 14 2017, 11:14 AM

10k Club
********
All Stars
12,268 posts

Joined: Oct 2010

QUOTE(nexona88 @ Mar 14 2017, 10:32 AM)
Wah meaning our EPF is not safe too..
Gomen can  confiscate the funds cry.gif
*
Gomen is king, what?
prophetjul
post May 30 2017, 10:29 PM

10k Club
********
All Stars
12,268 posts

Joined: Oct 2010

http://www.thestar.com.my/business/busines...ct-to-rm11pt8b/

Good numbers!

72 Pages « < 4 5 6 7 8 > » Top
 

Change to:
| Lo-Fi Version
0.0394sec    0.34    7 queries    GZIP Disabled
Time is now: 7th December 2025 - 11:52 AM