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 Ultimate Discussion of ASNB (47457-V) Se7en, Wholly owned subsidary of PNB (38218-X)

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contestchris
post Dec 26 2016, 01:19 PM

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QUOTE(Hansel @ Dec 26 2016, 12:51 PM)
Prepare to venture into the SGX then. SGX is falling now,.. good times coming, sale is coming !

Open Savings and Brokerage Accounts in SG, study SG REITs and Stocks, convert whenever possible into the SGD.
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Can you tell us how to do this? Someone say to me Singapore gomen don't like Malaysian to trade there. Is it simple or complicated registration process? Please share to us to do this easy!
contestchris
post Dec 26 2016, 03:32 PM

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QUOTE(Hansel @ Dec 26 2016, 02:12 PM)
There are lots of tips in this forum, some of the threads being :-

1) Openinng a Singapore Account.
2) Singapore REITs.
3) SGX Counters.

To start with, I'm not sure abt that statement that Sgp gomen does not like Msians trading there. As long as we follow the rules and practise according to procedures, we should be fine. What we have to be aware of is to ensure that we quickly do the necessary before SG gomen closes its doors.
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Is it same/similar thing to get some Singapore-focused unit trust funds? Like get a Singapore REIT UT fund, or a Singapore Small Cap UT fund? Saves all the headache of the Singapore gomen puts on us to make accounts.
contestchris
post Dec 26 2016, 03:35 PM

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Is there a place to see daily historical price of ASNB 3? Bloomberg doesn't show it, can't find it anywhere else online as well. Any idea what are the YTD returns of ASN 3?
contestchris
post Dec 26 2016, 03:59 PM

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QUOTE(Ancient-XinG- @ Dec 26 2016, 03:43 PM)
Stay away from ASG, ASN, ASN2, ASN3
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No can't stay away, bought in Oct 2013 and until now it is just break even!!! Put in RM10k then, now worth RM10,050!!! Btw not I buy, a friend. Want to look at historical price chart (like Bloomberg has for most funds), but can't find it for any Amanah Saham funds.
contestchris
post Dec 26 2016, 04:04 PM

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Btw how long is the process to liquidate ASN3 funds? Is it comparable to liquidating other unit trust funds like those from Cimb, kenanga, eastspring and RHB?
contestchris
post Dec 26 2016, 06:17 PM

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QUOTE(nexona88 @ Dec 26 2016, 05:53 PM)
Well just go to any agents banks like maybank, cimb or rhb..
Fill up withdrawal form.. Bring asn3 passbook too.
Get your money on the spot - cash or deposits directly into your bank account rclxms.gif
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You mean to say ASN is more liquid than normal unit trust funds?
contestchris
post Dec 26 2016, 06:22 PM

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QUOTE(nexona88 @ Dec 26 2016, 06:19 PM)
Well some use is bank account laugh.gif
Anytime deposit or withdraw blush.gif
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I dont understand what you saying, sorry
contestchris
post Dec 29 2016, 09:21 PM

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QUOTE(nexona88 @ Dec 28 2016, 12:16 PM)
Well ASB is really major issues for some..
That fund yearly help people financially.. But now as u see it, dividend rate is low..

Pnb is doing some marketing / damage control now..
Even in newspaper got articles explaining the rationale of lower dividend & and that its competitive return for current market.
No worry of losing initial investments etc.

As for elections, I think it's most likely in March hmm.gif  during school holiday period..
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How is the fixed priced ASNB funds an issue? Still give healthy returns (even more for Bumi fund). 6-8% is effectively twice the FD rate.
contestchris
post Dec 31 2016, 01:55 AM

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Isn't it misleading for ASNB to advertise the dividend for non fixed price funds the way they are advertising it? Cause to me, dividend for those funds means nothing. If 2 sen dividend, fund price falls by 2 sen also. Eventually that gets reinvested and you have the exact same fund value pre and post dividend.
contestchris
post Jan 2 2017, 02:12 PM

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QUOTE(jorgsacul @ Jan 2 2017, 01:55 PM)
Are we heading to historical low? Will pnb increase fund size to average out purchase during high price?

Wahid oh wahid.... you are out of method to play
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Even the mighty Kenanga growth fund had almost zero returns for 2016. Hopefully this year things are better in Malaysia.
contestchris
post Jan 17 2017, 11:31 PM

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QUOTE(Hansel @ Jan 17 2017, 05:43 PM)
NO need lar,... with the depreciating Ringgit, these investments are no more attractive. Perhaps in the early years when RM was holding its value,... yeah,... today, the financially-successful Bumis want to hold foreign currencies - in cash form if they can't bank-in anywhere. Of course, there will be those who will buy properties, land, etc,... but many said they preferred to buy something outside of Msia.

Those who managed to open accounts overseas, will bank foreign currency cash into their overseas accounts.
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There are bad people man. Think about it. If all these people who converted to USD out of greed in the past 2-3 years re-converted their money into MYR, our currency will improve. Sadly Malaysians themselves are aiding the downfall of our currency.
contestchris
post Jan 18 2017, 11:03 PM

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QUOTE(nexona88 @ Jan 18 2017, 05:35 PM)
Wah asw2020 huh?
That's most hard to get wor...
Well I guess people withdraw to convert into usd devil.gif
Run faster before myr become rubbish laugh.gif
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If the general outlook is for the Ringgit to strengthen this year, why convert? It's already RM4.45 from RM4.50 at the start of the year. Of course it may drop again, but the fundamentals look strong enough for at least a stabalization if not partial recovery.
contestchris
post Jan 20 2017, 01:09 AM

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Guys, if I don't change my passbook is ok? I out lump sum in 2013 into ASN 2020 and never updated anything since then. Will they forfeit my funds or anything?
contestchris
post Jan 20 2017, 07:36 PM

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QUOTE(LNYC @ Jan 20 2017, 07:33 PM)
Mind to share where did u get the fund?
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You have no right to ask someone where they get their funds from. It's totally rude man.

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