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

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MGM
post Jul 14 2015, 03:26 PM

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Which of the ASN's fixed price funds that don't have racial segregation, ie. Bumi n non-Bumi can trade the common units?
MGM
post Jul 14 2015, 05:32 PM

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QUOTE(wil-i-am @ Jul 14 2015, 05:13 PM)
ASM
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Thanks, so ASM will be an easier catch b4 thumbup.gif Hari Raya.
MGM
post Jul 14 2015, 06:42 PM

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QUOTE(Ramjade @ Jul 14 2015, 05:31 PM)
wil-i-am I think what he meant is if bumi sell his/her unit, non-bumi can buy that unit. I don't think such thing exist.  hmm.gif

AFAIK, non-bumi can only buy non-bumi units.
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Nope u are wrong. wil-i-am is right.
MGM
post Jul 22 2015, 01:00 PM

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QUOTE(luvjiajia @ Jul 22 2015, 12:11 PM)
my transaction is successful la bang  hmm.gif
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So it is confirmed that non-bumi can buy AS1M thru M2U? and charges is rm1.06? rclxms.gif rclxms.gif
MGM
post Jul 30 2015, 06:15 AM

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QUOTE(robert82 @ Jul 30 2015, 02:43 AM)
strange, i would expect all this AS sold out by now, but there's still so many of them available...
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Sellers ARE SPoOKED by the political & economical undercurrents.
MGM
post Jul 30 2015, 01:40 PM

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AS1M ON SALES, tried 5 times all strike, total rm25k.
MGM
post Jul 30 2015, 08:30 PM

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QUOTE(nexona88 @ Jul 28 2015, 04:27 PM)
only the new system have that capabilities.. funds under New System are ASM, ASD, ASG, ASN & ASN3 & ASB2..

ASW2020 & AS1M under old system.. needed to key-in account number than only can buy.. they cannot see unit available
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Went to MBB this morning to shop for ASX. Still cannot see the available units including ASM, need to try your luck with the number of units u want to buy.
MGM
post Jul 30 2015, 09:02 PM

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QUOTE(Ramjade @ Jul 30 2015, 08:45 PM)
Can wo. Or else how the clerk told me you are too late. There was a transaction before you who bought rm30k one shot.

Also, once I asked for rm5k for ASM, told me only got rm3500.

Not sure how it works
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We were buying from Banks or ASNB? If the MBB I went can do it, no reason for the dealer to keep trying multiple times, can actually done in one transaction.
MGM
post Aug 2 2015, 05:31 AM

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QUOTE(Ramjade @ Aug 1 2015, 11:04 PM)
Want to ask, why is it ASX is not considered a higher form of FD?  Yearly it have given returns of 6.6 guaranteed.

Although it is not covered by PIDM, nevertheless it is still considered safe investment as your principal will not depreciate in value.
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Apart from giving better returns than fd, ASX can be withdrawn any working time and u only lose the div for the withdrawal month. I take it as a good parking place while waiting for other better investment.
MGM
post Aug 2 2015, 03:34 PM

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QUOTE(Ancient-XinG- @ Aug 2 2015, 07:07 AM)
lol definitely not parking place for us lol!!!
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Once parked very reluctant to sell cos hard to buy back. That's why lost opportunity during the 20o8 crisis. When retire I will take out a portion which even at total lost would not affect my retirement plan but if win big can spend off the winnings.

This post has been edited by MGM: Aug 2 2015, 04:03 PM
MGM
post Aug 2 2015, 03:42 PM

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QUOTE(wil-i-am @ Aug 2 2015, 03:39 PM)
Bro, u have crystal ball to predict Future  notworthy.gif
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Sorry typo. But might turn out to be true. Remember every ten year, kaboom. 1998, 2008, n 2018.
MGM
post Aug 8 2015, 04:22 PM

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QUOTE(Ancient-XinG- @ Aug 8 2015, 08:57 AM)
brows.gif Now we know who don't have confidence.
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Most likely Raya spending, n overspending.

This post has been edited by MGM: Aug 8 2015, 04:23 PM
MGM
post Aug 8 2015, 04:32 PM

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QUOTE(nexona88 @ Aug 8 2015, 04:29 PM)
What I know is bumi who invest in ASW2020 & ASM are those already max their ASB..
so if they needed $$, these 2 funds are their 1st option  sweat.gif

unlike non-bumis, where ASx is the last option  cry.gif
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Another possible reason is switching to ASB2, for better returns.
MGM
post Aug 12 2015, 10:06 AM

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With the KLSE & Rm going downhill, hope that AS1M & ASW still give >6% dividend this year.
MGM
post Aug 18 2015, 03:51 PM

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Between Oct97 to May99 KLSE was below 750 and hit rock bottom in Aug98 at 300. ASB which was launched in 1990 and ASW in 1996 still surivive until now and the prices still fix at RM1. Was the situation then better than now?

When I am free I would redirect all the negative comments to ASNB to seek their answers for peace of mind. tongue.gif

This post has been edited by MGM: Aug 18 2015, 03:57 PM
MGM
post Aug 18 2015, 04:13 PM

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QUOTE(wil-i-am @ Aug 18 2015, 03:58 PM)
During financial crisis in 2007/2008, ASNB oso maintain the Fixed price fund @ RM1/unit n withstand the Selling pressure
After goin thru 2 major crisis, m confident tat ASNB will ride thru current 'storm' calmly
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That crisis was short, and the bottom of 900 lasted only 4 months (oct2008-feb2009), after that another 6 months KLSE reached 1200.
MGM
post Aug 18 2015, 10:54 PM

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QUOTE(ikanbilis @ Aug 18 2015, 10:34 PM)
If our gomen can freeze $4.5b of CLOB shares during the Asia crisis, there is nothing our current gomen under Emperor Ajib cannot do. Freezing of ASx withdrawal? Sap sap sui only lah...
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Like that everything is possible, so have u liquidated everything in Malaysia (in case locked by the Emperor), and get YOUR FUNDS out of the country? If not what r u waiting for?

This post has been edited by MGM: Aug 19 2015, 09:49 AM
MGM
post Aug 19 2015, 01:28 AM

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QUOTE(ikanbilis @ Aug 18 2015, 11:13 PM)
Why so defensive? I'm just providing an alternative discussion whether you should put all eggs into one basket? Why do you think the ASx just a month ago it's almost impossible to top up, nowadays many people can open all new ASx account easily?

Since you ask, I'm currently working in the States, my assets are spread in 3 countries U.S.30%, Spore 30% and M'sia 40%. I'm working on it to be 4:4:2 in the near future.

Everyone can learn to diversify their portfolio, you don't have to use the famous quote kalau tak suka, keluar lah...
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Not being defensive lah, just feel that u sounds like nothing is worth investing in Malaysia and everything is controlled by the Emperor.
U still got 40% in Malaysia, what type of investments and these investments not locked by the Emperor?
Every investment has its risk, there are ASx sellers and willing buyers, I am quite sure some are using ASx as a 'parking' account and are selling as they see current market turmoil as a chance to DIVERSIFY (including to other countries). Some who previous MISS the chance to buy ASx is taking this opportunity to buy to DIVERSIFY as there are lots of units available now maybe because of this type of -ve comments ( Are u taking this opportunity too tongue.gif )

This post has been edited by MGM: Aug 19 2015, 09:54 AM
MGM
post Aug 19 2015, 10:05 AM

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QUOTE(dreamer101 @ Aug 19 2015, 02:07 AM)
MGM,

Come on.  20+% of your gross income is in EPF that invest in GLCs and Malaysia Government Bond.  ASx is investing in the same set of GLCs and Malaysia Government Bond.  In summary, a typical Malaysian investor enjoy no DIVERSIFICATION when they invest in ASx.

The best performing ASx under PNB is ASB.

http://1-million-dollar-blog.com/dividends...ham-bumiputera/

The dividend had been trending down from 14 sens in 1990 to 8.5 sens in 2014.

Dreamer
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I meant to say "Every investment has its risks, there are ASx sellers and willing buyers, I am quite sure some are using ASx as a 'parking' account and are selling as they see current market turmoil as a chance to DIVERSIFY to other countries (thru local unit trusts agents like FSM, at least for me)".
I actually bought AS1M easily when it was first launched in 2009 n by 1/10/15 comes with a gain of 46%, KLSE in Aug2009 was ~1180. On hindsight there are some better investments than this. To me the problem with ASx investments is one tend to be lazy to look for other investment once invested cos it is very diff to buy back.

This post has been edited by MGM: Aug 19 2015, 10:27 AM
MGM
post Aug 20 2015, 01:23 PM

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QUOTE(nexona88 @ Aug 20 2015, 12:41 PM)
Friendly Reminder

Suspension Of Transactions : ASW 2020
25 - 31 Aug 2015

those panic, can withdraw now before the the transactions is suspended
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And lose a month of dividend? Bad advice, at least withdraw on 1-sept-15.

This post has been edited by MGM: Aug 20 2015, 01:27 PM

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