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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 Aug 9 2016, 01:44 PM

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QUOTE(Asmasw2020 @ Aug 9 2016, 01:42 PM)
I presume there will be no dividend for the amount i top up before 25/8 right?
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If u top up now until 24/8, u won't get any Dividend in Aug 16
wil-i-am
post Aug 9 2016, 01:49 PM

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QUOTE(tonytyk @ Aug 9 2016, 01:44 PM)
Hmm, CIMB not friendly , so which bank more accommodating ?
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CIMB is fine with me
wil-i-am
post Aug 9 2016, 01:56 PM

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QUOTE(filage @ Aug 9 2016, 01:55 PM)
Are you sure Pos can topup during 4-5pm last time? I thought every agent is depend on PNB server which will close down at 4.00pm. Banks will normally ask you to go home if you say want to do ASX at 3.30pm..
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I managed to top up until 4.58pm (based on computer validation) last time at Pos M'sia
wil-i-am
post Aug 9 2016, 05:02 PM

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QUOTE(wonglokat @ Aug 9 2016, 02:14 PM)
Unused money in deposit uplifted. Will go this Friday! flex.gif if didn't dapat register then nevermind d la. can't possibly drive to ASNB every week
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I'm sure u can get if u dun give up
wil-i-am
post Aug 9 2016, 05:14 PM

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QUOTE(tonytyk @ Aug 9 2016, 02:38 PM)
What is the cut off date that no dividend will be distributed? 1st of Aug?
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From 2nd to 31st Aug 16
wil-i-am
post Aug 9 2016, 05:20 PM

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QUOTE(tonytyk @ Aug 9 2016, 03:58 PM)
Hmm, not worth to top up the month before dividend date then
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Not really as v dunno when the units will b available
wil-i-am
post Aug 9 2016, 05:26 PM

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QUOTE(tonytyk @ Aug 9 2016, 05:22 PM)
Don't top up on 15/8 for Asw, wait
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Y dun top up on 15/8?
wil-i-am
post Aug 9 2016, 08:53 PM

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Does AmBank offer FP funds?
wil-i-am
post Aug 9 2016, 09:26 PM

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QUOTE(Ramjade @ Aug 9 2016, 09:23 PM)
Doesn't matter. I am sticking to Maybank and Affin Bank. Affin Bank and Ambank might be out of the way but at least Affin bank will tell me:
"Kamu nak berapa? Kita cuba dari yang besar dulu.
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I will consider to top up with them (if available) as I have gud relationship with d BM
wil-i-am
post Aug 10 2016, 06:33 AM

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Suddenly so my Affin lovers
wil-i-am
post Aug 10 2016, 08:21 AM

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QUOTE(peja5081 @ Aug 10 2016, 07:19 AM)
Affin got loan for asb?  I try for maybank due to mu debt with ptptn. Now slowly pay ptptn.
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Yes
wil-i-am
post Aug 10 2016, 12:26 PM

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QUOTE(prince_mk @ Aug 10 2016, 12:14 PM)
I finished paying last 2 years and get 20% discount.
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U plan to take new ASB loan?
wil-i-am
post Aug 10 2016, 09:13 PM

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QUOTE(prince_mk @ Aug 10 2016, 08:46 PM)
I m non bumi. Qualify for asb loan??
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Nope

wil-i-am
post Aug 10 2016, 10:25 PM

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Can top up too on Sat during seminar
wil-i-am
post Aug 11 2016, 08:45 AM

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QUOTE(a-ei-a @ Aug 10 2016, 11:41 PM)
I visited PNB HQ to inquire on "Investment through EPF" and was told by the counter staff they would only entertain investment to ASG (Not applicable to ASW2020 or AS1M due to limited quota and they preferred to avoid the hassle to refund back to EPF). sad.gif  shakehead.gif
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Their reply is professional in order to avoid disappointment later
wil-i-am
post Aug 11 2016, 08:46 AM

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QUOTE(hyelbaine @ Aug 11 2016, 08:45 AM)
Looking at how fast this thread moves and how many hunters are here, I'm not entirely surprised to be honest  flex.gif
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Bro, any new upcoming funds from ASNB?
wil-i-am
post Aug 11 2016, 09:58 AM

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QUOTE(hyelbaine @ Aug 11 2016, 09:25 AM)
So far no news.

My insider said the new chairman has been visiting each and every department and making time to see the staffs. There hasn't even been whispers never mind rumors of a new FP fund. My insider says biggest stumbling block is still SC so it would need a typically blatant disregard for laws/regulations such was the case for AS1M and ASB2 for a new FP to be launched.

Sorry ladies and gents but unless we get a new PM, likely-hood of a new FP fund from PNB/ASNB is pretty slim. In fact, my insider said SC is even contemplating disallowing re-investment of dividend as it seems they finally realized it's a loophole that PNB/ASNB has been exploiting since no new FP funds are allowed.

I guess that explains why PNB/ASNB lately has been advising their customers in dividend press statements to update their info at ASNB to prepare just in case SC does not provide approval for increase in fund size. As you know, paying dividends by cheque is not cheap and may get PNB/ASNB into trouble with BNM who's pushing for electronic payments.
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I hope ASNB can maintain the re-investment of dividend as 'compounding' is relevant to beat inflation rate
wil-i-am
post Aug 11 2016, 11:44 AM

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QUOTE(plumberly @ Aug 11 2016, 10:54 AM)
Any guesses for the coming ASW2020 and AS1M dividends?

AA  5 - 5.5
BB  5.51 - 6
CC  6.01 - 6.5

My guess is BB for both. Why? Due to the declining local market.
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I wud predict both ASW 2020 n AS1M will follows ASM @ 6.30%
wil-i-am
post Aug 11 2016, 11:54 AM

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QUOTE(Ramjade @ Aug 11 2016, 11:06 AM)
Unless they have a FP which invest overseas. Wishful thinking? hmm.gif hmm.gif
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I dun think ASNB have the expertise yet to explore overseas
wil-i-am
post Aug 11 2016, 01:41 PM

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QUOTE(Ramjade @ Aug 11 2016, 12:54 PM)
Actually they have. If you remember the poster I posted, they invested in Indonesia, and if I am not mistaken Thailand.
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Their performance is still not up to expectation

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