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 Tabung Haji Savings, Tabung Haji Savings

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vanitas
post Apr 5 2019, 08:14 PM

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QUOTE(cklimm @ Apr 5 2019, 07:49 PM)
I wonder, will it be chain reaction, if depositors begin mass withdrawal, TH has to sell shareholdings to pay cash, resulting in KLSE mega sale?
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Withdraw to where? If asb, then the money will flow back to klse as well.
vanitas
post Apr 7 2019, 12:39 PM

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QUOTE(muhammadb @ Apr 6 2019, 11:04 AM)
Even if it goes to ASB, some people has said, even PNB can't keep up giving above 5% return rate.

Due to massive losses in Bursa since mid 2018 and even before that during low crude oil price period, which cause a lot of capital wiped out.

If Khazanah Nasional has to declare around 7B of losses for 2018, dont you guys think EPF, KWAP and PNB and other related institutions like TH are in the same boat?  bruce.gif
So EPF and PNB has been doing creative accounting also yeah  icon_question.gif . With more than 5% returns for ASB1, ASB2, ASB3 and etc and also for EPF. Only Khazanah is transparent now.
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QUOTE(nexona88 @ Apr 6 2019, 11:42 AM)
Not sure about EPF since they have foreign exposure... Which would give good return vs bursa Malaysia..

PNB.. Well the recently dividends is the real deal.. No more creative accounting... Why I said so??  If they were to do creative accounting.. Its would still be around 6% 😈 for what do creative account yet declared lower dividends ,& spoiled the good name of pnb 😴
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EPF, PNB indeed making loss in the Malaysia share market, but actually it wasn't creative accounting that let them paid good dividend, it is related with the new accounting standard MFRS9 and the exemption given to them.

user posted image
vanitas
post Apr 7 2019, 07:35 PM

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QUOTE(PrincZe @ Apr 7 2019, 06:57 PM)
So actually Pnb is making loss but no need to declare on paper?
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For certain stocks (top 10 stocks) that is transparent to investors, confirm making loss. But is there any profits for those not transparent in the report, I am not sure.

But when it comes to accounting standard, it is using the same as EPF, you can interpret the sentence in the image yourself to get your answer.

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