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

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foofoosasa
post Sep 18 2015, 03:36 PM

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so all steady already? no more panic withdrawal tongue.gif?
foofoosasa
post Oct 13 2015, 07:37 PM

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So panic over? tongue.gif brows.gif

continue enjoy compound interest guys icon_idea.gif
foofoosasa
post Oct 21 2015, 12:54 PM

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QUOTE(kinabalu @ Oct 20 2015, 10:10 PM)
Ehh today is my unlucky day then.... unable to load any units to ASW, ASM and AS1M due to no units available. cry.gif
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bumi or non bumi?
foofoosasa
post Oct 26 2015, 12:47 PM

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QUOTE(Hansel @ Oct 25 2015, 11:34 PM)
According to Tun Ahmad Sarji Abdul Hamid, there's around 10bil units FP ASx funds available for Bumiputera investors.

954.85 mil units -  ASW2020

6.43 mil units - ASM

309.61 mil units - ASD

1.65 bil units - AS1M

7.27 bil units - ASB2

Looking at the overall pattern of the available units and taking into account forummers' views, I would opine that the low number of 6.43 mil units STILL AVAILABLE from the ASM are not BUmi units. I believed they are the 'overall' remaining units, still available for all races to acquire.

Secondly, it looks like for ASW2020, there is still not that many Bumi participation inside it. This is probably due to Bumis moving over their funds to ASB2 after the ASB2 was launched.

The 'safety factor' would be heavily reduced if the participation rate for Bumis is low.

Only the ASB and more recently, the ASB2 can be used as collateral for loans. Not the other funds.
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950 mil units vs 7.27 bil units hmm.gif sweat.gif
foofoosasa
post Oct 26 2015, 01:42 PM

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QUOTE(Hansel @ Oct 26 2015, 01:10 PM)
This triggers another thinking - there is a possibility that ALL the 950 mil units available inside the ASW2020 are meant for BUmis only. I'm sure the other forummers can verify this from the formulae.

If this is so,... then,......hypothetically,....... : if the ASW2020 units are converted into variable priced units anytime after Dec 31 this year, the Bumis will only be affected minimally. Why,.. ? Perhaps all the Bumis have moved their funds over to the ASB2 already. The political aspect of this national matter has been satisfied.

I believed this type of event draws some similar parallels with the ASN conversion from Fixed Price funds into Variable Price funds many tens of years ago, as in the Bumis could move their funds over to more favourable ones before the conversion.
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hmm.gif sound make sense to me. But even ASB2 only capped at 200k hmm.gif

conversion or not , still early to say. But yea recently myself reduce some portion of my money in ASW , better diversified somewhere else a bit sweat.gif


foofoosasa
post Oct 26 2015, 01:43 PM

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QUOTE(guy3288 @ Oct 26 2015, 01:34 PM)
you guys still worry about that? i just bought some ASW2020
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why dont let us see the first transaction tongue.gif tongue.gif
i bet that's a lot of amount. rolleyes.gif
foofoosasa
post Oct 28 2015, 12:03 PM

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QUOTE(nexona88 @ Oct 27 2015, 08:18 PM)
tis one really HNWI  rclxms.gif

some u guys really insulting those HWNI in Malaysia by saying that 500k in CASA "consider as HNWI" doh.gif
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500k is pretty normal nowadys

personally thinking I will consider someone HNWI if the person have net worth more than RM10m,

But who cares right? it is not gonna we earn extra $$ from those thing tongue.gif . Mind our own business better rolleyes.gif
foofoosasa
post Nov 8 2015, 07:12 PM

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QUOTE(Ramjade @ Nov 8 2015, 06:08 PM)
Got some country offer up to 15% FD. shocking.gif I know indon offers 7-9% for FD. (was discussed in FD thread but not well received) Very tempting if one have big money. Put for 2 years then when airasia got very cheap promo, fly there to renew or uplift. IF exchange rate does not fluctuate. But really need to see how's the exchange rate.

Never really observed their rates.
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FD 7-9% , real inflation 15% laugh.gif rclxms.gif



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