Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
808 Pages « < 84 85 86 87 88 > » Bottom

Outline · [ Standard ] · Linear+

 Ultimate Discussion of ASNB (47457-V)发 8ight 发, Wholly owned subsidary of PNB (38218-X)

views
     
55665566
post Mar 28 2017, 01:09 PM

Avengers Assemble!
*****
Senior Member
833 posts

Joined: Sep 2012
From: Earth



QUOTE(Ramjade @ Mar 28 2017, 01:06 PM)
ASM returns was just announced at 6%. Which means by 3/4 additional units will be added to ASM. So since there's now more unit in the person's book, some people will take out those extra units for spending.

Some take it out to celebrate, some take it out to go holiday etc. Some just leave it in place. Those who take out may/may not withdraw all. Even if they withdraw 1% out of the 6% given for spending, that 1% is up for grab.
*
sorry im newbie to start with. how does 6% related to 3 or 4 additional units added to a person's book?
Ramjade
post Mar 28 2017, 01:18 PM

20k VIP Club
*********
All Stars
22,199 posts

Joined: Feb 2011


QUOTE(55665566 @ Mar 28 2017, 01:09 PM)
sorry im newbie to start with. how does 6% related to 3 or 4 additional units added to a person's book?
*
Eg. You hold 10000 units since 1/4 last year. By 3/4 next week, you should receive 600 units making your total 10600 units =RM10600. Now you can leave it there or you can take out the 600 units. So eg you would like to buy yourself a nice dinner because you are RM600 richer, so you take out RM200 for all you eat buffet. Now when you withdraw RM200 for your buffet, 200 units will be available for anyone to buy.

So eg. I am the type who don't sell, but gobble up as much unit as possible (like most people here). I am ready to buy that 200 unit making my total 10800 unit.

Now multiply your scenario (of withdrawing the units) by 100 people, 100 x200 = 20000 units up fro grab.If I have the money, I can grab the 20000 units making my new total at 30600 units = which means I will get more money next year. Now I am not the only one who will do this. Many people are just waiting because this is usually once a year event where you can buy at ease until you are broke.

Now multiply that with 1000 people and you get 200000 units up for grab rclxms.gif It now often you will have 200000 units up for grab just like that.

Hope you understand.

This post has been edited by Ramjade: Mar 28 2017, 01:21 PM
Hansel
post Mar 28 2017, 01:34 PM

Look at all my stars!!
*******
Senior Member
8,950 posts

Joined: Aug 2010
Bro Ramjade - you are helpful,....

thumbsup.gif

When you are ready to go Down Under,... let me know,... hoped I can be of help to you later,.... thumbsup.gif Don't invest all into the SGX,... save some for the ASX ! Diversify,...

This post has been edited by Hansel: Mar 28 2017, 01:36 PM
55665566
post Mar 28 2017, 01:34 PM

Avengers Assemble!
*****
Senior Member
833 posts

Joined: Sep 2012
From: Earth



QUOTE(Ramjade @ Mar 28 2017, 01:18 PM)
Eg. You hold 10000 units since 1/4 last year. By 3/4 next week, you should receive 600 units making your total 10600 units =RM10600. Now you can leave it there or you can take out the 600 units. So eg you would like to buy yourself a nice dinner because you are RM600 richer, so you take out RM200 for all you eat buffet. Now when you withdraw RM200 for your buffet, 200 units will be available for anyone to buy.

So eg. I am the type who don't sell, but gobble up as much unit as possible (like most people here). I am ready to buy that 200 unit making my total 10800 unit.

Now multiply your scenario (of withdrawing the units) by 100 people, 100 x200 = 20000 units up fro grab.If I have the money, I can grab the 20000 units making my new total at 30600 units = which means I will get more money next year. Now I am not the only one who will do this. Many people are just waiting because this is usually once a year event where you can buy at ease until you are broke.

Now multiply that with 1000 people and you get 200000 units up for grab  rclxms.gif It now often you will have 200000 units up for grab just like that.

Hope you understand.
*
wao totally understand now.. so it means that actually the unit available to buy each year in each fund is increasing.
so this year specifically, there is extra 6% unit open to public to buy.
Ramjade
post Mar 28 2017, 01:44 PM

20k VIP Club
*********
All Stars
22,199 posts

Joined: Feb 2011


QUOTE(55665566 @ Mar 28 2017, 01:34 PM)
wao totally understand now.. so it means that actually the unit available to buy each year in each fund is increasing.
so this year specifically, there is extra 6% unit open to public to buy.
*
Yes and no. Why Yes? ASNB usually give the returns in additional units to it's customer. Hence getting bigger and bigger. Securities commission doesn't like that. So if one day securities commision said no more giving unit. ASNB have to give cheque/bank in to the unit holders.

No. Because not everybody withdraw the 6% out completely. Some don't withdraw at all. Some just take out say 0.1%. So if no one withdraw on 3/4 (unlikely), you cannot buy anything.
MGM
post Mar 28 2017, 01:44 PM

10k Club
********
All Stars
16,386 posts

Joined: Oct 2010
QUOTE(Ramjade @ Mar 28 2017, 01:06 PM)
ASM returns was just announced at 6%. Which means by 3/4 additional units will be added to ASM. So since there's now more unit in the person's book, some people will take out those extra units for spending.

Some take it out to celebrate, some take it out to go holiday etc. Some just leave it in place. Those who take out may/may not withdraw all. Even if they withdraw 1% out of the 6% given for spending, that 1% is up for grab.
*
1/6 billion units for sale, wow.
Ramjade
post Mar 28 2017, 01:47 PM

20k VIP Club
*********
All Stars
22,199 posts

Joined: Feb 2011


QUOTE(MGM @ Mar 28 2017, 01:44 PM)
1/6 billion units for sale, wow.
*
Could be more,could be less devil.gif
filage
post Mar 28 2017, 02:01 PM

Regular
******
Senior Member
1,205 posts

Joined: Aug 2014
Macam kering kontang today. No unit.
Chrono-Trigger
post Mar 28 2017, 02:25 PM

PERPETUAL BEWILDERMENT
*******
Senior Member
3,803 posts

Joined: Aug 2013
QUOTE(filage @ Mar 28 2017, 02:01 PM)
Macam kering kontang today. No unit.
*
I kering kontang for the next 2 months, have to pay hutang banyak cry.gif cry.gif
jutamind
post Mar 28 2017, 03:02 PM

Look at all my stars!!
*******
Senior Member
2,203 posts

Joined: Jul 2007
couldnt get a single unit of AS1M today sad.gif
theevilman1909
post Mar 28 2017, 03:19 PM

Look at all my stars!!
*******
Senior Member
3,063 posts

Joined: Nov 2016
No units available today..

tried so many times & failed..

guess Next week Only laugh.gif
gReeN sOda
post Mar 28 2017, 03:36 PM

Getting Started
**
Junior Member
273 posts

Joined: Aug 2008


Managed to topup ASW today..
bitcomet79
post Mar 28 2017, 03:37 PM

Casual
***
Junior Member
356 posts

Joined: Nov 2013
hi all sifu,

i'm newbie in this topic too...

what is the difference with selling and withdrawal?

can it be done in banks (ASNB agents)?
or i need to go to ASNB branch?

tia
theevilman1909
post Mar 28 2017, 03:40 PM

Look at all my stars!!
*******
Senior Member
3,063 posts

Joined: Nov 2016
QUOTE(bitcomet79 @ Mar 28 2017, 03:37 PM)
hi all sifu,

i'm newbie in this topic too...

what is the difference with selling and withdrawal?

can it be done in banks (ASNB agents)?
or i need to go to ASNB branch?

tia
*
both the same.. biggrin.gif

yes. can be done in Agents banks & ASNB branch. No problem
bitcomet79
post Mar 28 2017, 03:42 PM

Casual
***
Junior Member
356 posts

Joined: Nov 2013
QUOTE(theevilman1909 @ Mar 28 2017, 03:40 PM)
both the same..  biggrin.gif

yes. can be done in Agents banks & ASNB branch. No problem
*
ok thanks....

as for selling unit, it means.....our unit become less right....

but for withdrawal, we only withdraw money and our unit is still the same?

or withdrawal = selling my unit?
55665566
post Mar 28 2017, 03:44 PM

Avengers Assemble!
*****
Senior Member
833 posts

Joined: Sep 2012
From: Earth



i cannot register on the portal, got to the page to send TAC and i saw my mobile no last 4 digit correct. request the tac and the code never return.

Do i need to update my personal details again?
theevilman1909
post Mar 28 2017, 03:46 PM

Look at all my stars!!
*******
Senior Member
3,063 posts

Joined: Nov 2016
QUOTE(bitcomet79 @ Mar 28 2017, 03:42 PM)
ok thanks....

as for selling unit, it means.....our unit become less right....

but for withdrawal, we only withdraw money and our unit is still the same?

or withdrawal = selling my unit?
*
where did u learn withdraw money, the balance units same? rclxub.gif rclxub.gif

withdrawal mean u selling the units in your account. simple as that..
bitcomet79
post Mar 28 2017, 03:52 PM

Casual
***
Junior Member
356 posts

Joined: Nov 2013
QUOTE(theevilman1909 @ Mar 28 2017, 03:46 PM)
where did u learn withdraw money, the balance units same?  rclxub.gif  rclxub.gif

withdrawal mean u selling the units in your account. simple as that..
*
fully understand now....hehe...

anyway, i really thought that we can only withdraw our money from ASNB branch.....coz the place im staying don't have any ASNB branch....

relieved that we can withdraw from ASNB agents too.....

thanks all....
theevilman1909
post Mar 28 2017, 03:55 PM

Look at all my stars!!
*******
Senior Member
3,063 posts

Joined: Nov 2016
QUOTE(bitcomet79 @ Mar 28 2017, 03:52 PM)
fully understand now....hehe...

anyway, i really thought that we can only withdraw our money from ASNB branch.....coz the place im staying don't have any ASNB branch....

relieved that we can withdraw from ASNB agents too.....

thanks all....
*
withdrawal no issues..

but opening new account is big issue.. they tend to give all kind of excuses.

so if u were to open new account, then No choice. ASNB branch only...
filage
post Mar 28 2017, 04:08 PM

Regular
******
Senior Member
1,205 posts

Joined: Aug 2014
Anyone successfully get unit after 4pm?

808 Pages « < 84 85 86 87 88 > » Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0539sec    0.82    6 queries    GZIP Disabled
Time is now: 29th March 2024 - 03:13 PM