more money ASNB can make by charging customer transaction fee & also more convenient to us as customer

I'm waiting on how they online system works if they managed to do it on January 2015

p/s: just hope the system won't crash because of huge transaction

This post has been edited by nexona88: Oct 29 2014, 04:40 PM

Judging from the amount of posts here (now already what version pun tak sure) I think the portal can automatically become 3rd most heavy internet financial portal after M2U and Clicks. Hope they're not underestimating the volume from all the "fishermen" out there

well we know our typical malaysian mentility.. they install "cheap" system, after crash few times. invest more money for upgrade

Do you know whether that is for :
* ALL ASX (bumi & non bumi) &
* fixed and variable funds?

For non bumi ones, how is that possible when they have been all subscribed?

New units coming next year?

Yes, all sort of fishermen, some with fishing lines and some with trawling net! Ha.

No, I don't think it's new units. The funds are deemed as fully subscribed but in theory it can never be 100% all subscribed as there are transactions affecting these fixed priced funds everyday. Unless no one sold a single unit on that day, than the fund can be theoretically be 100% fully subscribed.

Personally, I think it's the same queue system as is practiced right now just that you can do it at your convenience rather than having to go to a branch physically. This is also why I used the theory that they use FPX and not IBG for their payment gateway.

I may be wrong though but for now it's pure speculation. For most I think, having the opportunity to go "fishing" without having to go to a branch is already a welcomed relief right

FPX charges will be higher than IBG's 10 sen or even IFT's RM 2.

and how about failed transactions due to no fund? will there also be FPX charges?

Personally I don't think its for fully subscribe fund. The system will not be that smart. And mainly will be for variable funds.

the 'bonus' i got from placing the 4.16% FD at MBB today.

CONGRATULATIONS u also have Maybank Premier Wealth

Congrats. Also managed to sneak in 4k earlier today:)

Will be excellent if they have this system in place ..

One places the purchase, one knows within seconds whether one has the successful purchase or not.

Can be tiring if one has to wait for a day for the money transfer to get through and to find out the purchase outcome.

Leave the money payment to them to sort this out.

Congrats for getting 4k
btw which fund?

AS1M

Looks like AS1M easier to get nowdays compare with ASW2020 & ASM

Flash News: 1.42bil ASB2 units have been sold as 29 Oct 2014

damn...

SMS from a friend here and rushed to PM. Managed to get 3k of AS1M. Think still have some more as I ran out of money. Another case of no strike when I am prepared with money and big fish coming in when not prepared! Ha.

Thanks to my helpful friend here.

Cheerio.

Hi managed to get 5k AS1M today. none for ASW or ASM. i wonder why AS1M is so much easier than the rest....is there something we dont know? haha

ASN2 today = 0.6696

bought (27/10) = 0.6646

gain: 0.5 sen per unit

x 100,000 unit = RM 500 in 5 days

of course that one not yet minus SC. need to get to 0.700 to recover back SC

This post has been edited by lucifah: Oct 31 2014, 12:20 PM

Actually sc is the main problem. Even sell at highest price also can't cover yet for the 1st year.