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

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MGM
post Aug 22 2015, 08:40 AM

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Almost everything is down except for fixed-price ASx. Opportunity to diversify to other assets, at least for me.
MGM
post Aug 22 2015, 10:39 AM

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QUOTE(nexona88 @ Aug 22 2015, 09:45 AM)
mind to share what "others assets" u considering? hmm.gif
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Will get some ideas from these 2 threads when the time comes.

https://forum.lowyat.net/topic/2601692/+2100 &
https://forum.lowyat.net/topic/3633445/+1440

MGM
post Aug 24 2015, 04:54 PM

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QUOTE(robert82 @ Aug 24 2015, 04:34 PM)
brb, buying another 2m worth of ASx
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what is brb? U are buying or already bought?
MGM
post Aug 25 2015, 12:29 PM

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Many of those who invested in assets other than fixed-price ASx & FD, are currently experiencing -ve returns(except for a few smart ones) becos they are still fully invested. It is at this time we (ASx & FD) are thankful for the consistent returns even though it is not fantastic.

This post has been edited by MGM: Aug 25 2015, 12:30 PM
MGM
post Aug 25 2015, 12:41 PM

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QUOTE(alexanderclz @ Aug 25 2015, 12:35 PM)
time for asg?  hmm.gif
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Is there a chart for those VP ASx?
MGM
post Aug 25 2015, 01:28 PM

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QUOTE(nexona88 @ Aug 25 2015, 01:05 PM)
I think u can e-mail to ASNB customer care for the chart  icon_rolleyes.gif
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Why so troublesome? Why can't they put it up on their website if got nothing to hide? Lousy marketing, for a corp which handles billions of fund.
MGM
post Aug 26 2015, 09:23 AM

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anybody knows what is reason FP ASx was chnge to VP last time?
MGM
post Aug 27 2015, 10:13 AM

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QUOTE(my44 @ Aug 27 2015, 08:22 AM)
Interesting point if this applies. I've heard of the same rule before re: lowest balance of the month. That means if my ASB2 is 0 on 31/8 and in the morning of 1/9 before I put 40k in it, probably that means my lowest balance in September is 0. Hmm ... Let's see if other experts can vouch for this.
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I think should be lowest end-of-day balance as in bank's account.
MGM
post Aug 28 2015, 10:13 AM

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QUOTE(Mr Gray @ Aug 28 2015, 10:08 AM)
My apologies. I've directly talked to my colleague working at ASNB Product. You're indeed very right wil-i-am. For daily balance, ASNB uses closing balance for that day. Therefore, if you put the money on 1st of the month, that would be the closing balance for that day. If 1st of the month is a holiday eg Sunday, you won't be able to do the same for 2nd day of the month. Ie, you have to deposit before the month begins.

At any time in a working day, say original balance is RM10,000. If you withdraw RM5000 in the morning, and deposit again RM5000 in the afternoon. The closing balance would not be affected, therefore, the lowest balance for the month would not be affected.
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Was about to rebut u on your previous posts b4 this comes out.
MGM
post Aug 28 2015, 12:12 PM

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QUOTE(nexona88 @ Aug 28 2015, 12:09 PM)
yes, I do know that.

but what make him choose AS1M over ASW2020  hmm.gif
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I think easier to buy AS1M.
MGM
post Sep 1 2015, 09:17 PM

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QUOTE(plumberly @ Sep 1 2015, 08:47 PM)
My bet is, it will be the same as ASW, i.e., 6.4%

It is only 1 month apart for ASW & AS1M. They started a trend where ASX give about the same rate (unless there is something seriously wrong where they cannot adhere to the same rate).

They already know (or rather decided) on the rate 1-2 months before the due date.

Cheerio.
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Fully agree. rclxms.gif rclxms.gif thumbup.gif
MGM
post Sep 2 2015, 08:26 AM

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QUOTE(plumberly @ Sep 2 2015, 07:39 AM)
I see. Thanks.

85% of RM5.7 billion = RM4.8 billion owned by 3% of ASD subscribers

Assuming 100,000 subscribers, then 3,000 own RM4.8 billion.

Equals to about RM 1 million each.

So .....
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This roughly prove a point that THE POLICY only benefits the well-connected and the rest are still left far far behind and yet these people are their FD.
MGM
post Sep 2 2015, 10:23 AM

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QUOTE(cheahcw2003 @ Sep 2 2015, 10:01 AM)
what do u mean by FD? i am sure it is not a fixed deposit
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Similar to the claim that Sabah & Sarawak are their FD.
MGM
post Sep 8 2015, 03:06 PM

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QUOTE(whyee @ Sep 8 2015, 02:55 PM)
said dont have the time to come daily for the next 2 or 3 weeks. i dont want to comment too much some family accounts still not cleared yet.
any forum limitations here? anyway its getting pnc
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U are not disclosing any personal info, just asking where u withdraw the ASx? ASN or which agent?
MGM
post Sep 9 2015, 11:05 AM

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QUOTE(cheahcw2003 @ Sep 8 2015, 09:02 PM)
there is no withdrawal limit if you transfer the withdrawal to your saving or current account, then u can transfer it out using cheque or interbank transfer.
There is a limit on cash withdrawal as the bank needs liquidy in the strong room.
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So those who said about withdrawal limit are merely scare mongering?
MGM
post Sep 10 2015, 06:07 AM

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I am too lazy to go thru the details. Just want to know whether all funds (VP & FP) in ASN invested on similar things (all local). If so then the NAV should be moving in the same manner(not value).
MGM
post Sep 10 2015, 12:50 PM

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QUOTE(nexona88 @ Sep 10 2015, 12:46 PM)
According to http://www.asnb.com.my/v3_/asnbv2_2funds_EN.php#asw2020

the approved fund size is 21.983 billion units?
MGM
post Sep 10 2015, 01:02 PM

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QUOTE(nexona88 @ Sep 10 2015, 12:55 PM)
what I trying to say is for past 5 years the units in circulation didn't go beyond 20bil mark, NOT approved fund size didn't go above 20bil mark  blush.gif
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I didn't say that u are wrong, I am just saying the approved fund szie is 22 billion. Just like a UT fund with a approved fund size of 100m unit which after launching for 3 years managed to sell only 90m units.
MGM
post Sep 10 2015, 01:56 PM

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QUOTE(nexona88 @ Sep 10 2015, 01:42 PM)
new passbook don't have tis leh..

all my ASx passbook don't have it  nod.gif
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Then only alexanderclz can sell 4 times/year. tongue.gif But not for us.
MGM
post Sep 10 2015, 02:05 PM

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QUOTE(alexanderclz @ Sep 10 2015, 01:57 PM)
lol. fortunately, i'm not that old. my passbook doesn't have that clause.  biggrin.gif
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Ooops sorry, 2.6b apologies. It should be smartinvestor01. icon_rolleyes.gif

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