congratz 

anyhow the normal question I ask    which maybank branch did u open?

So after that you got give her face colour or not. Or say lain kali saya datang jangan guna alasan sama lagi. Hehe.

so you're the one with total above 1mil in ASx 

Dummy and joker 🃏 millionaire we have here!!!

Heehehehehe 😊

Yea. But around 2 working day.

If my memory is still OK, there is no ASX dividend due in Jan 2016.

Right?

Why?

Red flag - complication with the potential FP to VP switch on 1-1-16 (ASX will be frozen for about 2 weeks before the dividend and thus should withdraw before that frozen period if the switch is confirmed).

Dire strait if they announce it during the frozen period. Ha.

Thanks.

i see, the debate still going on.......

cash out variable unit now or buy some? since 3k huge loss liao     

i bought 1.0930 serunit last time. that 0.114 difference 
no ler, cause i have no idea how many years will it takes to rebounce.

Status quo
If u cash out, where u intend to invest?

subjected to approval depending on the quota available.

no units / quota available, 10k return back to your maybank account 

rm1 SC still on as usual 

here comes another view of this thing...

After some time...

Your adult chickens are mostly infertile...only 40 babies are born. Let's say a baby is worth RM250, adult is worth RM1K

20 adults had died of diseases....

Your genius farm manager can still proudly DECLARE a dividen of 40 baby ayam to u...

But in actual fact your investment has fallen in value...

80 adults x RM1K = RM80,000
40 babies x RM250 = RM10,000
TOTAL = RM90,000

fixed price funds is just like your beloved EPF

I love to use examples and analogies...

U pass me RM100,000 to invest in a business

We have an agreement...
- Should u decide to cash out, u will only get back your capital of RM100,000
- But I also guarantee u that u won't lose your capital, if u cash out I will pay u back 100% of your capital
- It is up to my discretion to declare/pay out how much dividend to u, if at all

Scenario A
I managed to grow the business, a year later it is worth RM150,000, i.e. 50% return

But I think that I want to retain some profits for future growth, so I pay out 20% dividend i.e. RM20,000 to u, balance RM30,000 is retained.

Business value now: RM130,000
Scenario B
I made some profits for u, total profits from trading of goods were RM20,000

But I also trashed the office when I *ahem* with my secretary last night. We bought the office unit at RM50,000. If u were to sell it off now, can only fetch RM25,000. Now that's some heavy damages done

Realised profits: RM20,000
Unrealised loss: (-RM25,000)
Business value: (-RM5,000)

But I still can pay u RM20,000 as dividend

End up the business left value of RM75,000 only
That's fixed price fund for u, in a simplistic view.