Every time u say got sale but nothing one. Apa machiam. U swallow all liaooooooo

Follow up from my frustrating experience yesterday.

Called the ASNB here. Initially I was told that I could not buy ASM due to system upgrading. I explained the ASNB memo on ASN (1-5 Apr) and ASX (5 Apr). Then she said with the system upgrading, it would be slow in getting ASM.

First it is this, later that. Reminds me of MAS (Mana Ada System)!

Asked about going to banks and was told it would be the same with the slow speed.

Giving up. Now they don't deserve the title of being the branch with the highest ASX transactions in Malaysia! Ha.

Bro, u have unlimited Bullet to top up almost everyday

yaya i got a lot as1m from maybank too 

since Monday CIMB got some "problem" after the so-called "upgrade" by ASNB.. donno wat happen 

So much u can get. Happy for u.

I only get rm700 today. Serious can topup 26k????

Dividend for Fixed price is calculated base on min bal in a mth

Yes

I think all fixed price ASx has similar calculation for dividend. Got this from
http://invest-made-easy.blogspot.com/2013/...era-asb_28.html

ASB Dividend
Key Points About ASB Dividend:

ASB Dividend and ASB Bonus are calculated differently and separately from one another.
Dividend is calculated on a monthly basis over the duration of the year dividend is declared. We term the monthly dividend calculation as Monthly Dividend Amount.
Total Dividend Paid for the year is the Sum of calculated Monthly Dividend Amount from Jan till Dec.
To calculate the Monthly Dividend Amount for each month, the Lowest Account Balance for each month is used.
Lowest Account Balance for a month is defined as the lowest value of your ASB account for that particular month. Let's see Example 1 to 3 below:
    Lowest Account Balance (Example 1):

On 1st Jan 2013, your account balance in ASB is RM5000
You withdraw RM1000 on the 3rd of Jan 2013
You then Redeposit RM2000 into your ASB on the 10th of Jan 2013.
What is your Lowest Account Balance for Jan 2013?
Answer is RM4000.00

    Lowest Account Balance (Example 2):

On 1st Jan 2013, your account balance in ASB is RM5000
You deposit RM1000 on the 3rd of Jan 2013
You then withdraw RM2000 from your ASB on the 10th of Jan 2013.
What is your Lowest Account Balance for Jan 2013?
Answer is RM4000.00

    Lowest Account Balance (Example 3):

On 1st Jan 2013, your account balance in ASB is RM5000
You deposit RM1000 on the 3rd of Jan 2013
You then withdraw RM500 from your ASB on the 10th of Jan 2013.
What is your Lowest Account Balance for Jan 2013?
Answer is RM5000.00

Formula for ASB Dividend Calculation:
Monthly Dividend Amount calculation= 1/12 x Dividend % x lowest-account-balance
By obtaining the Monthly Dividend Amount from Jan till Dec,

Total Dividend Paid = sum of Monthly Dividend Amount from Jan till Dec

Must salute to u   . Looks like it is so easy for u to topup, from 76k to 235k.

Column A should be Monthly Minimum Balance. Goodnight.

As promised earlier, my comparison (mainly due to the fact that ASM deposit in the first month does not earn any dividend) between FD and ASM is as below .

Assumptions:
* 1 month FD at 3.6% pa
* compounded monthly FD dividends
* ASM at 6.5% pa
* ASM monthly dividend is not compounded
* amount RM500,000

[attachmentid=4405525]

If my calculations are right, the above tells me that it is better on first look (see note #1) to put the money in FD if it is 1 month before the ASM dividend date. You will get some $ from FD while zero from ASM.

The breakeven point is 2 months before ASM dividend date where FD & ASM will give you about the same amount.

BUT ...

I am more than willing to lose out on the 1 month FD interest since ASM gives more than FD for the other cases (note #1), i.e., overall higher return.

My 2 cents.

Cheerio.

Today ASW2020 can get rm300 only.

Bal B/F top up Total my calculation Dividend till 1.4.15 Dividend paid by ASM
1.4.14 76120  76120 76120x6.5% x 12/12 5024
30.4.14  10k 86120 
1.5.14  86120 10k x 6.6% x 11/12 605
9.5.14  5k 91120 
15.5.14  2k 93120 
19.5.14  3k 96120 
1.6.14  96120 10k x 6.6%x 10/12 550
1.7.14  96120 10k x 6.6% x 9/12 495
1.8.14  96120 10k x 6.6% x 8/12 440
1.9.14  96120 10k x 6.6% x 7/12 385
5.9.14  13k  109120 
11.9.14  2k 111120 
1.10.14  111120 15k x6.6% x 6/12 495
1.11.14  111120 15k x6.6% x 5/12 412
1.12.14  111120 15k x6.6% x 4/12 330
4.12.14  1k 112120 
30.12.14  58k 170120 
1.1.15  170120 59k x6.6% x3/12 974
5.1.15  65k 235120 
1.2.15  235120 65k x 6.6% x2/12 715
1.3.15  235120 65k x 6.6% x1/12 357
1.4.15    Total RM10782 8362

Here you go.

[attachmentid=4405823]

Cannot attach xls file here (for virus control, I think). So I zipped it.

Unzip it and open the xls file.

You will have to delete all the example numbers in there. Delete and add in new numbers in yellow cells only.

If the final dividend is not the same as in your passbook, let me know and I will see what is the error.

Thanks.

guy3288 either u got jalan or u r super lucky.