Sometimes 3.30pm banks ady don't wanna do. Say system slow.....

Btw, for Kuching area can try Maybank Satok. Did few transactions successfully there few months ago. Haven't tried lately though.

Alexanderciz , u always go to maybank cheng branch right? Did they offering u close ended fund recently?

when is as1m dividend announcement?

This one maybe? Just guessing... http://www.ambmutual.com.my/ambdaq2.htm

I maybe wrong but another reason for the fund suspension is also because the calculation for dividend is done before the financial year actually ends. I'm no accountant but that can't be easy. Other UTMC calculate dividend after the financial year ends and does not pay out dividends on the 1st day of the new financial year.

an interesting observation.

saw an old lady probably 60s topping up 5k for her ASW while another makcik in her 40s was planning to topup her ASD.

meanwhile a young man probably in his 30s withdrew 2k from his AS1M

what about withdrawing to CASA then withdraw cash from CASA? got limit also?

Yes, unless pre-arrange with the branch

I don't think whyee is scare-mongering too. He is merely posting what he experienced. Tq to whyee.

NO problem at all in my activity.

For the helpful forummers here who carry a view that the ASM is still viable, please visit your branches asap if you wished to top-up or open booklet. I have made some divestments !


Good luck.

Hi smartinvestor01, appreciated your replies every now and then.

Following are my reasons. Counter-comment if you like, others too :-

So many risks to undertake in the coming months ahead :-

1) risk of changing from Fixed Price into Variable Price from 01/01/2016.
2) risk of not having sufficient time to redeem before and after the date above.
3) risk of being taxable from 01/01/2017 onwards.
4) risk of the dividend being lowered, which makes the investment not worth the risks anymore.
5) risk of the RM weakening further which makes the dividend that we earn losing its purchasing power.
5) risk of other things happening due to the Gov't not having enough funds for use - one must remember that at the end of the day, this is NOT an FD.

May not be happy to take ALL the above risks anymore for a reducing dividend from 6.40%, if we are to take the latest rate given for the ASW2020 as reference.

Hi guys,
Hope I'm in the right place
I wanna withdraw or collect my ASW 2020 shares this friday...
Been sitting inside since i was a small kid, mum helped my create new account back in 1996.
What's the limit? Whats the max i can earn until today? If I have 6k inside back in 1996?
Don't bash me ya, me 1st time encounter such issues

Wanna settle my debts and get a new Honda City lor ( fingers crossed), hehehe
No la, just feel like withdrawing it and invest somewhere else...
See how much I can withdraw, I oso don't have too high hopes

Ok then
Thanks for the answers fellow friends
Let's see on Friday morning...
I just sell the shares back to them? At RM 1.00 per share right?
Going to ASB office in KL...

Still looking around, haven't found any yet
Me noob when it comes to investment, all I know is to save in a bank,
I don't have any contacts in banks for investment...

No such thing as inactive account. Ask the officer before. If I never topup/withdraw for >7 years, nothing will happen to my money right?
Ans : nothing.

Bear in mind that unit trust is bleeding now due to bad economy. As far as I know, ASW2020 still give good returns. Many people lose money by simply following agent advise. Agent only care about commission. Each transcation you do through them, they earn 2% regardless you make a loss or profit.

And yet, you don't see ASX bleeding yet. Wonder could it be their reserve or "don't worry, be happy"? If is their reserve, how many rounds can their reserve last? 5 years or only 2 years?

What do u guys think about HLA investment linked fund with insurance?

Extending the above to ASX, with many ASX sellers now, will that improve the NAV as the units in circulation is less?
I guess not. Units for the NAV are those in circulation AND also which ASNB is holding. Right?
I must be day dreaming? Ha.