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 Ultimate Discussion of ASNB (47457-V), Wholly owned subsidary of PNB (38218-X)

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szaku89
post Aug 28 2015, 11:26 PM

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QUOTE(nexona88 @ Aug 28 2015, 11:23 PM)
congratz, u managed to get it  rclxms.gif

Tuesday u go update passbook  brows.gif
*
Have u tried before topup via online banking? If rejected they will return on the 2nd day?
nexona88
post Aug 28 2015, 11:32 PM

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QUOTE(szaku89 @ Aug 28 2015, 11:26 PM)
Have u tried before topup via online banking? If rejected they will return on the 2nd day?
*
Nope, but what I know is

before 5pm - next working day

after 5pm - after 2 working days

edit: juz check your post.. u did before 1pm on 25 Aug. if failed, money already back nod.gif

This post has been edited by nexona88: Aug 28 2015, 11:35 PM
Mr Gray
post Aug 28 2015, 11:47 PM

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QUOTE(nexona88 @ Aug 28 2015, 09:06 PM)
It's quite inaccurate to say the fall of Ringgit value would eliminate all gains, and actual inflation rate much higher than the published one.

For Malaysian residents who invest in Ringgit denominated assets, there's absolutely no currency risk. Why do you bother about the value of Ringgit againts other currencies when you would spend most of it on local products? And if you buy a significant amount of products from abroad, you can only blame yourself for not properly hedging your risk. Foreign currency accounts have been available for quite some time.

On the inaccuracy of the consumer price index (cpi), the common measurement for inflation that's widely used. In the calculation of the CPI, the department of statistics would pick a representative bundle that represent the average consumption for a Malaysian. Every country has different weightage of different items in the bundle. Developing countries like Malaysia usually put food as the biggest weightage in the CPI, followed by transport. For more details of the calculation, you could go to Department of Statistics website.

For any individual, of course the inflation rate is very different from the CPI. Ali may spend more on food, but Muthu may spend more on transportation etc etc.

And A may cook most of his food while B eats frequently outside, while C always go to high end restaurants. Since consumption bundle is different, the inflation rate for different individual would not be the same.

And the CPI is only an estimation for an average Malaysian. There bound to be inaccuracy in estimating data, but no foreign bodies like IMF, World Bank etc have questioned the accuracy of our statistics data, unlike the case with China.
szaku89
post Aug 29 2015, 12:07 AM

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QUOTE(nexona88 @ Aug 28 2015, 11:32 PM)
Nope, but what I know is

before 5pm - next working day

after 5pm - after 2 working days

edit: juz check your post.. u did before 1pm on 25 Aug. if failed, money already back  nod.gif
*
I did it during working hours. So it should be successful theoretically. Anyway I have to update my book to confirm it lol.
blogomatic
post Aug 29 2015, 12:32 AM

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QUOTE(nexona88 @ Aug 28 2015, 09:06 PM)
while I support freedom of speech, but I have no idea why dreamer who keep calling others dummies. I think he has made his point but to repeatedly say the same things - no idea why is he forcing his ideas on others.

if he's so smart, he would have already been Malaysia's top 10 richest person. but the fact that he isn't, I think many who listened to him has lost more money than those who invested in asnb. he keep saying this and that but it hasn't happened at all since a few years back.
wil-i-am
post Aug 29 2015, 08:24 AM

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[Ancient-XinG-]
Could u open a new thread as v have reached #3046 post alredy
TS[Ancient]-XinG-
post Aug 29 2015, 08:32 AM

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QUOTE(blogomatic @ Aug 29 2015, 12:32 AM)
while I support freedom of speech, but I have no idea why dreamer who keep calling others dummies. I think he has made his point but to repeatedly say the same things - no idea why is he forcing his ideas on others.

if he's so smart, he would have already been Malaysia's top 10 richest person. but the fact that he isn't, I think many who listened to him has lost more money than those who invested in asnb. he keep saying this and that but it hasn't happened at all since a few years back.
*
That's why I don't understand....

He dint give any good advice as our sifu PinkSpider state.... But he still give same negative points... Again again and again.....


TS[Ancient]-XinG-
post Aug 29 2015, 08:40 AM

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QUOTE(wil-i-am @ Aug 29 2015, 08:24 AM)
[Ancient-XinG-]
Could u open a new thread as v have reached #3046 post alredy
*
Eh I thought new system support till 7500 posts.
Besides, this is good to stay because the few hundred post behind us is really important...
szaku89
post Aug 29 2015, 09:23 AM

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QUOTE(Ancient-XinG- @ Aug 29 2015, 08:32 AM)
That's why I don't understand....

He dint give any good advice as our sifu PinkSpider state.... But he still give same negative points... Again again and again.....
*
His advice is, forget about investing in Malaysia. Better migrate or invest in other countries.
nexona88
post Aug 29 2015, 09:26 AM

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QUOTE(Mr Gray @ Aug 28 2015, 11:47 PM)
It's quite inaccurate to say the fall of Ringgit value would eliminate all gains, and actual inflation rate much higher than the published one.

For Malaysian residents who invest in Ringgit denominated assets, there's absolutely no currency risk. Why do you bother about the value of Ringgit againts other currencies when you would spend most of it on local products? And if you buy a significant amount of products from abroad, you can only blame yourself for not properly hedging your risk. Foreign currency accounts have been available for quite some time.

On the inaccuracy of the consumer price index (cpi), the common measurement for inflation that's widely used. In the calculation of the CPI, the department of statistics would pick a representative bundle that represent the average consumption for a Malaysian. Every country has different weightage of different items in the bundle. Developing countries like Malaysia usually put food as the biggest weightage in the CPI, followed by transport. For more details of the calculation, you could go to Department of Statistics website.

For any individual, of course the inflation rate  is very different from the CPI. Ali may spend more on food, but Muthu may spend more on transportation etc etc.

And A may cook most of his food while B eats frequently outside, while C always go to high end restaurants. Since consumption bundle is different, the inflation rate for different individual would not be the same.

And the CPI is only an estimation for an average Malaysian. There bound to be inaccuracy in estimating data, but no foreign bodies like IMF, World Bank etc have questioned the accuracy of our statistics data, unlike the case with China.
*
thumbup.gif rclxms.gif sweat.gif
wil-i-am
post Aug 29 2015, 10:15 AM

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QUOTE(Ancient-XinG- @ Aug 29 2015, 08:40 AM)
Eh I thought new system support till 7500 posts.
Besides, this is good to stay because the few hundred post behind us is really important...
*
In fact, 2500 posts is the official number
TS[Ancient]-XinG-
post Aug 29 2015, 10:33 AM

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QUOTE(wil-i-am @ Aug 29 2015, 10:15 AM)
In fact, 2500 posts is the official number
*
I think I will open another on 3500. Because lately few hundred posts really important.
nexona88
post Aug 29 2015, 12:57 PM

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user posted image
Vincent9696
post Aug 29 2015, 03:15 PM

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QUOTE(Ancient-XinG- @ Aug 29 2015, 10:33 AM)
I think I will open another on 3500. Because lately few hundred posts really important.
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Should we able to summarize it , and then posted in first page in every version in FAQ , etc? Just my recommendation.
Hansel
post Aug 29 2015, 03:42 PM

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QUOTE(Ancient-XinG- @ Aug 28 2015, 10:16 PM)
Luckily I am not one of the dummies. Hahahahaahha.

Hansel this uncle say you la. You better fast fast go explain your concern. Tell him your point.
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Don't try to clash me with Dreamer,... I'm busy now,.. I won't post too much about you too. I am at this moment doing what I can to ensure Msia has a future and our voices are heard, in a PEACEFUL way....

Dreamer can say what he wants - this is a democratic country, with a democratic legal system. Sorry,.. no time to debate with you, and if
wangjie
post Aug 29 2015, 04:21 PM

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Just top up 10k ASM yesterday AT cimb maluri

wil-i-am
post Aug 29 2015, 06:32 PM

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QUOTE(wangjie @ Aug 29 2015, 04:21 PM)
Just top up 10k ASM yesterday AT cimb maluri
*
Congrats
U managed to top up in a single txn or multiple txn?
nexona88
post Aug 30 2015, 12:57 PM

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QUOTE(wangjie @ Aug 29 2015, 04:21 PM)
Just top up 10k ASM yesterday AT cimb maluri
*
good for u rclxms.gif while others are in fear of changes to the ASx funds sweat.gif

be greedy when others are fearful - Warren Buffett tongue.gif blush.gif
wangjie
post Aug 30 2015, 10:23 PM

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QUOTE(wil-i-am @ Aug 29 2015, 06:32 PM)
Congrats
U managed to top up in a single txn or multiple txn?
*
Single transaction
thedarktraveller
post Aug 31 2015, 12:00 PM

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Hi all,

Is it possible for a non-Bumi Malaysian to take up an ASB loan for the purpose investment under ASB, ASN, AS1M, ASW, etc?

Please help. Newbie here. Thanks smile.gif

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