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

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wil-i-am
post Oct 14 2016, 02:44 PM

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QUOTE(bbgoat @ Oct 14 2016, 02:41 PM)
Just tried MBB short while ago. Need to see the result first.  biggrin.gif
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When u top up AS1M via m2u, u use old no or new a/c no?
tonytyk
post Oct 14 2016, 02:46 PM

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QUOTE(wil-i-am @ Oct 14 2016, 02:39 PM)
In tis case, better try CIMB instead of Maybank
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Anyone else have feedback on RHB and Affin, which of the 4 banks easier to monitor status ?
plumberly
post Oct 14 2016, 02:49 PM

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QUOTE(nexona88 @ Oct 14 2016, 02:39 PM)
normally how much u put for online top up?

how many times successful?

hmm.gif
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Minimum 1000 as otherwise the 1.06 charge is not worth it. Ha.

Have tried and some successfully 10k, 15K, 20K.

Success rate?

Maybe 1 in 8.




plumberly
post Oct 14 2016, 02:51 PM

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QUOTE(tonytyk @ Oct 14 2016, 02:46 PM)
Anyone else have feedback on RHB and Affin, which of the 4 banks easier to monitor status ?
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CIMB the best. Why? They treat that bank like a pearl (brother of you know who mah). You get more infor on that web site. They are also testing out ASM and ASW in CIMB online. Other banks belum ada.

See ...?
nexona88
post Oct 14 2016, 02:51 PM

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QUOTE(plumberly @ Oct 14 2016, 02:49 PM)
Minimum 1000 as otherwise the 1.06 charge is not worth it. Ha.

Have tried and some successfully 10k, 15K, 20K.

Success rate?

Maybe 1 in 8.
*
very good to get 10k above for online top up rclxms.gif

normally that amount can only get via OTC innocent.gif blush.gif
tonytyk
post Oct 14 2016, 02:54 PM

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QUOTE(plumberly @ Oct 14 2016, 02:51 PM)
CIMB the best. Why? They treat that bank like a pearl (brother of you know who mah). You get more infor on that web site. They are also testing out ASM and ASW in CIMB online. Other banks belum ada.

See ...?
*
Thot RHB also have all 3 ASX
heavensea
post Oct 14 2016, 02:54 PM

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AIYH

Thanks again for such good lesson! Now I know the dividends/distribution effects on different investment products.

Scenario 1 Choice 2:
NAV rose to RM 0.55 * 1.1 = RM 0.605
You will have fund value of 2181.82 unit * NAV @ RM 0.605 = RM 1,320.00
Total value = Fund value = RM 1,320.00

Scenario 2:
NAV rose to RM 0.60 * 1.1 = RM 0.66
You will have fund value of 2000 unit * NAV @ RM 0.66 = RM 1,320.00
Total value = Fund value = RM 1,320.00


That's the reason why we should reinvested the distribution/dividends into the funds, to "earn more". It's quite different than the concept of stock, but still can understand it with perspective of "compounding interest".

What I get based on above examples, this means the "eventually value"/performance indicator of VP UT funds is depends on the price of NAV.

I shouldn't be tricked/confused/impressed by how those agents describing their distribution or dividends because it's not the same dividends concept compared to Stock/REITS.

I should have look at the "historical price" of NAV to study how those funds performing?
heavensea
post Oct 14 2016, 02:56 PM

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QUOTE(plumberly @ Oct 14 2016, 02:51 PM)
CIMB the best. Why? They treat that bank like a pearl (brother of you know who mah). You get more infor on that web site. They are also testing out ASM and ASW in CIMB online. Other banks belum ada.

See ...?
*
Mbb online asx fp = apa pun tarak.

Cannot top up biggrin.gif
just do it otc.
plumberly
post Oct 14 2016, 03:06 PM

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QUOTE(tonytyk @ Oct 14 2016, 02:54 PM)
Thot RHB also have all 3 ASX
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Thanks. Good to know that.
wil-i-am
post Oct 14 2016, 03:10 PM

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QUOTE(plumberly @ Oct 14 2016, 02:49 PM)
Minimum 1000 as otherwise the 1.06 charge is not worth it. Ha.

Have tried and some successfully 10k, 15K, 20K.

Success rate?

Maybe 1 in 8.
*
Glad to know u managed to get some via online which effectively reduce your overall cost (travel n time)
nexona88
post Oct 14 2016, 03:11 PM

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TS [Ancient]-XinG- not planning to open new version thread huh?
bbgoat
post Oct 14 2016, 03:18 PM

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QUOTE(wil-i-am @ Oct 14 2016, 02:44 PM)
When u top up AS1M via m2u, u use old no or new a/c no?
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As I said before, using the ASG acct number. 2 yrs ago one. biggrin.gif
jonoave
post Oct 14 2016, 04:23 PM

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QUOTE(plumberly @ Oct 14 2016, 04:02 AM)
I think after you submitted an entry, it will be stated as "approved".

Wait for 2 working days and see the real status.

If still "approved", then go to update your passbook to confirm.

If changed to "not approved", try again. Ha.
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Nope. CIMB style is: Pending acceptance ---> Approved or Rejected.

I did the transaction last Friday, it was changed to Approved on Tuesday.

Then yesterday I checked, saw the money being credited back into my CIMB account and the transaction now changed to "Rejected". That's why it's weird.

I'm overseas now, that's why I'm trying with online top-up.
Should be confirmed rejected since they credited the money back to me. I'm just really surprised how the status changed from Approved to Rejected after almost a week.
wil-i-am
post Oct 14 2016, 04:24 PM

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I presume current thread can support post byond 3k
nexona88
post Oct 14 2016, 04:30 PM

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QUOTE(jonoave @ Oct 14 2016, 04:23 PM)
Nope. CIMB style is: Pending acceptance ---> Approved or Rejected.

I did the transaction last Friday, it was changed to Approved on Tuesday.

Then yesterday I checked, saw the money being credited back into my CIMB account and the transaction now changed to "Rejected". That's why it's weird.

I'm overseas now, that's why I'm trying with online top-up.
Should be confirmed rejected since they credited the money back to me. I'm just really surprised how the status changed from Approved to Rejected after almost a week.
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did u call CIMB to ask why like that? icon_rolleyes.gif
jonoave
post Oct 14 2016, 05:06 PM

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QUOTE(nexona88 @ Oct 14 2016, 11:30 AM)
did u call CIMB to ask why like that?  icon_rolleyes.gif
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Nope, I'm overseas now. I don't see the point to honest. I didn't take a screenshot of it on Tuesday when the previous status was Approved, so there is no way to prove my claim.

Anyway they issue a message to your Cimb clicks account if the transaction is rejected, asking you to contact the ASNB if you have any questions.
TS[Ancient]-XinG-
post Oct 14 2016, 05:23 PM

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New thread on tomorrow.
wil-i-am
post Oct 14 2016, 06:29 PM

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QUOTE(Ancient-XinG- @ Oct 14 2016, 05:23 PM)
New thread on tomorrow.
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Advance thanks for d effort
nexona88
post Oct 14 2016, 06:30 PM

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QUOTE(jonoave @ Oct 14 2016, 05:06 PM)
Nope, I'm overseas now. I don't see the point to honest. I didn't take a screenshot of it on Tuesday when the previous status was Approved, so there is no way to prove my claim.

Anyway they issue a message to your Cimb clicks account if the transaction is rejected, asking you to contact the ASNB if you have any questions.
*
well it's your choice.

if me, sure I would ask what the reason.

for now, I happy with OTC smile.gif
AIYH
post Oct 14 2016, 07:23 PM

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QUOTE(heavensea @ Oct 14 2016, 02:54 PM)
AIYH

Thanks again for such good lesson! Now I know the dividends/distribution effects on different investment products.

Scenario 1 Choice 2:
NAV rose to RM 0.55 * 1.1 = RM 0.605
You will have fund value of 2181.82 unit * NAV @ RM 0.605 = RM 1,320.00
Total value = Fund value = RM 1,320.00

Scenario 2:
NAV rose to RM 0.60 * 1.1 = RM 0.66
You will have fund value of 2000 unit * NAV @ RM 0.66 = RM 1,320.00
Total value = Fund value = RM 1,320.00
That's the reason why we should reinvested the distribution/dividends into the funds, to "earn more". It's quite different than the concept of stock, but still can understand it with perspective of "compounding interest".

What I get based on above examples, this means the "eventually value"/performance indicator of VP UT funds is depends on the price of NAV.

I shouldn't be tricked/confused/impressed by how those agents describing their distribution or dividends because it's not the same dividends concept compared to Stock/REITS.

I should have look at the "historical price" of NAV to study how those funds performing?
*
I believed you already learnt quite a lot through conversation with a lot of sifus smile.gif

Just be active in FSM forum to learn more biggrin.gif

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