Went to MBB but was told country-wide MBB's system down, so can't contra account to buy ASx.  

Last year impaired FGV already ma. I think only when it's prolonged and significant reduction from book value they would make impairment.

If oil and gas sector still does not recover, they will need to impair those O&G counters at some point. Bumi Armada look quite teruk

OPEC agree to reduce production.
Any thoughts in this issues

Many o...

🙌

My personal record

Not for the next 2 weeks at least

Correct.

I highly suggest them or hope them

- try to stop the carry forward %.
- at most carry 2% not as mention of around 4%
- if the reserved balance is enough to cushion some impact like this few years, carry forward shall stop completely.
- let say if the reserved is used up. Can stop give the dividend for a year. But this will highly test the confidence of buyers...

The reason of it... Mainly they always carry foward. So I assume them they are in the control lol... And will never failed to give > 7 % pa like that they mentioned in every year. What pinkspider say some sort of correct also.. We really don't know where does the carry foward go..

This year forward 3% ( claim to give 8-9% ).same as previous year also. Where does the reserves 7 8 years ago?
If added now they should have claimed can give more than 10%...

You missed out the key ingredient - unrealised capital gain/loss

what you are talking about is only realised profits carried forward
But what we cannot see is the unrealised profits/losses that is likely to be in huge quantum because when market is down, it impacts all of the quoted shares held by the fund
For example YTD return on KLCI to-date is -3.9%, means the shares the fund held may also be down by 3.9% this year. So the reserves from last time (realised + unrealised) would be used to cover the shortfall, and hopefully it's enough

A good comparison would be to read Tabung Haji and EPF accounts. These 2 institutions mark to market their investments, but through available-for-sale reserves. So you can see that the reserves is depleting, and in Tabung Haji's case, it's now RM3.2b negative reserve, as of 31/12/2015. Most likely even worse in 2016 given the market conditions

True...Malaysia in sxxxhole now...

Any idea about PM? Laughing so many new new funds this year...it's like every alternate month 😅

I know...

The paper shown never write and what they write is just superficial...

Sigh.

What follow the klci can eat tahi. Be it th kwap asx.

Arghhhh

Ambil cuti

Was worried for the past few months on how to buy...mana tau within same day habis beli 😅

Still, this is not the only FD, though this is the biggest...ada lagi o

Apart from guy3288, which I find that his purchase is extreme 😅...

Anyone else bought in large amount? Any risk of getting love letter from LHDN?

Proof ada...sometimes the love letter makes you headache saja...got one when purchase 1st house last time

Buy house get love letter lo

Need to submit written letter explain source of money...leceh but after that no issue

Need to submit written letter explain source of money...leceh but after that no issue

So overjoyed from today's haul until sekarang still wide awake 😬