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Ultimate Discussion of ASNB (47457-V), Wholly owned subsidary of PNB (38218-X)
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nexona88
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Mar 25 2015, 12:19 PM
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QUOTE(wayn3san @ Mar 25 2015, 11:50 AM) Can i know which is the best to buy for non-bumi? (Chinese) and also the easiest to buy considering you guys mention that its not that easy to buy ASM. Any advice is greatly appreciated. u can try luck on AS1M, but no guarantee on that.. ASN3 & ASG confirm can get because there's unit available
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TS[Ancient]-XinG-
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Mar 25 2015, 12:30 PM
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QUOTE(nexona88 @ Mar 25 2015, 12:19 PM) u can try luck on AS1M, but no guarantee on that.. ASN3 & ASG confirm can get because there's unit available  But the asg fund size more than 1bil ad, the approved size is 1bil. Still no news regarding that.
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nexona88
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Mar 25 2015, 12:38 PM
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QUOTE(Ancient-XinG- @ Mar 25 2015, 12:30 PM) But the asg fund size more than 1bil ad, the approved size is 1bil. Still no news regarding that. I think ASNB already got approval to increase the fund size. u shall see it when the AR report is out, or on the website next month
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TS[Ancient]-XinG-
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Mar 25 2015, 12:39 PM
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QUOTE(nexona88 @ Mar 25 2015, 12:38 PM) I think ASNB already got approval to increase the fund size. u shall see it when the AR report is out, or on the website next month  If no approval, asn3 is the only choice for non bumi ad.
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nexona88
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Mar 25 2015, 12:43 PM
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QUOTE(Ancient-XinG- @ Mar 25 2015, 12:39 PM) If no approval, asn3 is the only choice for non bumi ad. ASN3 already 922mil units as 31 January 2015.. I think now should be 1bil units  wait a minute.. if ASG not given approval, then how to reinvest the dividend into the account as new units This post has been edited by nexona88: Mar 25 2015, 12:47 PM
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hyelbaine
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Mar 25 2015, 12:51 PM
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QUOTE(nexona88 @ Mar 25 2015, 12:43 PM) ASN3 already 922mil units as 31 January 2015.. I think now should be 1bil units  wait a minute.. if ASG not given approval, then how to reinvest the dividend into the account as new units  I'm sure approval is given if not than how can it was announced yesterday that all income distribution is automatically credited into investors account. Besides, I'm sure SC prefers ASNB's variable price products to grow as compared to the fixed priced, it's SC's mantra lately...
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nexona88
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Mar 25 2015, 12:58 PM
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QUOTE(hyelbaine @ Mar 25 2015, 12:51 PM) I'm sure approval is given if not than how can it was announced yesterday that all income distribution is automatically credited into investors account. Besides, I'm sure SC prefers ASNB's variable price products to grow as compared to the fixed priced, it's SC's mantra lately... you're correct.. I'm also sure that ASN3 current approved fund size is beyond 1bil units This post has been edited by nexona88: Mar 25 2015, 12:59 PM
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guy3288
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Mar 25 2015, 01:17 PM
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got some ASW2020 just now. 6k only
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TS[Ancient]-XinG-
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Mar 25 2015, 01:24 PM
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QUOTE(hyelbaine @ Mar 25 2015, 12:51 PM) I'm sure approval is given if not than how can it was announced yesterday that all income distribution is automatically credited into investors account. Besides, I'm sure SC prefers ASNB's variable price products to grow as compared to the fixed priced, it's SC's mantra lately... That's really good. Waiting the official announcement putting on the site.
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wil-i-am
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Mar 25 2015, 01:39 PM
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QUOTE(nexona88 @ Mar 25 2015, 12:58 PM) I'm also sure that ASN3 current approved fund size is beyond 1bil units  Where is d source?
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backspace66
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Mar 25 2015, 02:07 PM
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QUOTE(Ancient-XinG- @ Mar 25 2015, 07:14 AM) make no sense if it is lower than ASW, AS1M and ASM. The bumi quota for AS1M is not even fulfilled yet, why make another fixed priced ASX just for the bumi that gives a lower dividend than existing funds
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TS[Ancient]-XinG-
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Mar 25 2015, 02:12 PM
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QUOTE(backspace66 @ Mar 25 2015, 02:07 PM) make no sense if it is lower than ASW, AS1M and ASM. The bumi quota for AS1M is not even fulfilled yet, why make another fixed priced ASX just for the bumi that gives a lower dividend than existing funds You will never know. Actually you know the answer. Look, even not all asb holder having max investment amount.
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cheahcw2003
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Mar 25 2015, 02:22 PM
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QUOTE(backspace66 @ Mar 25 2015, 02:07 PM) make no sense if it is lower than ASW, AS1M and ASM. The bumi quota for AS1M is not even fulfilled yet, why make another fixed priced ASX just for the bumi that gives a lower dividend than existing funds +1
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hyelbaine
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Mar 25 2015, 03:17 PM
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QUOTE(cheahcw2003 @ Mar 25 2015, 02:22 PM) I'm guessing it's going to be around 6.85 and not higher. If I were the fund manager I'd carry as much income to the next year as possible since those who opened ASB2 were rewarded with a bonus of 10 units regardless of investment made as long as before 31/12/2014. To think that they have reached more than RM2billion in 1 year still amazes me. Imagine if say they decide to give 7 sen this year and banks start offering loans for ASB2, I think the entire RM10 billion fund size would be taken up pretty quickly. As compared to its variable priced products, I doubt that SC would allow for it to expand its fund size given how ASB2 was "bull-dozed" through all regulators "ikut suka hati bapak dia saja" Even if there's no ASB2 loan, I know of many who already have plans depending on ASB2's dividend. Most are hoping for 7 sen before they would empty their ASB into the ASB2 and take a loan for ASB max 200k since ASB has an established track record.
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nexona88
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Mar 25 2015, 04:16 PM
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QUOTE(wil-i-am @ Mar 25 2015, 01:39 PM) » Click to show Spoiler - click again to hide... « This post has been edited by nexona88: Mar 25 2015, 04:21 PM
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nexona88
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Mar 25 2015, 04:54 PM
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QUOTE(hyelbaine @ Mar 25 2015, 03:17 PM) I'm guessing it's going to be around 6.85 and not higher. If I were the fund manager I'd carry as much income to the next year as possible since those who opened ASB2 were rewarded with a bonus of 10 units regardless of investment made as long as before 31/12/2014. To think that they have reached more than RM2billion in 1 year still amazes me. Imagine if say they decide to give 7 sen this year and banks start offering loans for ASB2, I think the entire RM10 billion fund size would be taken up pretty quickly. As compared to its variable priced products, I doubt that SC would allow for it to expand its fund size given how ASB2 was "bull-dozed" through all regulators "ikut suka hati bapak dia saja" Even if there's no ASB2 loan, I know of many who already have plans depending on ASB2's dividend. Most are hoping for 7 sen before they would empty their ASB into the ASB2 and take a loan for ASB max 200k since ASB has an established track record. I wonder why only next week on ASB2 dividend announcements. so late  need to do some "adjustment" This post has been edited by nexona88: Mar 25 2015, 05:02 PM
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plumberly
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Mar 25 2015, 05:01 PM
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QUOTE(nexona88 @ Mar 25 2015, 04:54 PM) I wonder why only next week on ASB2 dividend announcements. so late  Just my view, people normally delay the bad news. Ha. But hope it will be as good or better than the rest.
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wil-i-am
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Mar 25 2015, 05:14 PM
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plumberly
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Mar 25 2015, 06:30 PM
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Putrajaya-owned SRC International Sdn Bhd has invested some RM3.81 billion of the RM4 billion borrowed from the Retirement Fund Incorporated ( KWAP) in "open-ended" funds that cannot be identified nor classified, PKR said today. - See more at: http://www.themalaysianinsider.com/malaysi...h.Zkjr3ywf.dpufFYI
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hyelbaine
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Mar 26 2015, 08:05 AM
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QUOTE(plumberly @ Mar 25 2015, 05:01 PM) Just my view, people normally delay the bad news. Ha. But hope it will be as good or better than the rest. Personally I think it's more for PR/corporate comms sake than anything else. ASB2 is "the" product now that they're advertising (it's the banner design for all of their social media) so that's all. Personally, I'm looking at between 6.85 to 7 for dividend when it comes to ASB2
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