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> Ultimate Discussions of ASNB Fixed Price UT, Magical UT only in Malaysia

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vanitas
post Dec 20 2018, 07:41 PM

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QUOTE(nexona88 @ Dec 20 2018, 07:40 PM)
Wah now u make me worried....
Already so much of data leak issues.. Now add from asnb email leak cry.gif

Hope its encrypted... If not really GG...
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Email ending with @asnb.com.my supposed to be encrypted, as it is where they send annual reports to us.
No idea with @pnb.com.my...

EDIT: Normally email with DISCLAIMER: This e-mail (and any attachment) is intended only for the use of the person to whom it is specifically addressed to and may contain information that is confidential.
>> It is encrypted / stored very securely.

If not, I cannot confirm.

This post has been edited by vanitas: Dec 20 2018, 07:44 PM
vanitas
post Dec 20 2018, 07:55 PM

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QUOTE(HolySatan @ Dec 20 2018, 07:50 PM)
maybank2u automatic link to ASNB?

» Click to show Spoiler - click again to hide... «


anyone dah beli ASN Equity 5 & ASN Sara (Mixed Asset Conservative) 2?

user posted image

or wait n see until asb/asn dividend?

hmm.gif
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Yes, auto linked with m2u. Also you can perform some transactions related with asnb over mbb ATM now.
vanitas
post Dec 20 2018, 08:12 PM

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QUOTE(nexona88 @ Dec 20 2018, 08:05 PM)
just check my email..
didn't write the word wor....
meaning my email details is not safe cry.gif
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Your information could be leaked in various ways, the email just increase the chance, maybe it had been leaked earlier, who knows...

This post has been edited by vanitas: Dec 20 2018, 08:24 PM
vanitas
post Dec 20 2018, 09:22 PM

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QUOTE(nexona88 @ Dec 20 2018, 08:49 PM)
Yeah.. Was thinking like the one I shared..
Who knows they give different one...
So I'm guessing those request give cheap one.. HNWI & staff different one hmm.gif
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Maybe reserved for customers who bought VP fund too.
Can't expect too much in free stuff, need to control budget, and satisfy customers at the same time.
vanitas
post Dec 21 2018, 11:04 AM

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I am making a GUESS too, for asb,
Dividend - 6.50%
Bonus - 0.50%
Bonus Khas (for under 10k) - 1.00%

Edit: Bold the guess word, so some people won't overlook and thought is official one.

This post has been edited by vanitas: Dec 21 2018, 11:05 AM
vanitas
post Dec 21 2018, 11:10 AM

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Guys, the livestream link - https://www.facebook.com/jean.doe.7393/vide...hc_location=ufi

It is officially at 6.50+0.50
vanitas
post Dec 21 2018, 12:38 PM

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QUOTE(alexanderclz @ Dec 21 2018, 12:33 PM)
actually, I think the higher the demand, the more they got to print next year and thus unnecessary expenditures. too many of these 'expenditures' may in turn affect the already little dividend left. what do you think?
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No free lunch in this world, the calendars they are getting is from what they invested.

Those who didn't ask (like me), paid for others.
vanitas
post Dec 21 2018, 12:43 PM

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QUOTE(nexona88 @ Dec 21 2018, 12:41 PM)
well Kuda calendar don't need to ask..
u buy stuff at shop. automatically give u one..
even your local politicians especially from DAP also giving out those  calendar at wet markets & pasar malam  thumbup.gif
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Yup.. marketing expenses for local shops and politicians.
vanitas
post Dec 21 2018, 01:40 PM

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QUOTE(propertyowner @ Dec 21 2018, 12:59 PM)
every investors paid for it.

hence everyone has equal right to request for it.
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Some paid more (larger holdings, or buy VP funds), some paid less (min to subscribe is rm10). Some paid and didn't request for it.

Equal right, yes.

I wasn't complaining or saying this is right or wrong, but sharing info that that some people would buy minimum share in blue chip and get free gifts every year from AGM.
vanitas
post Dec 21 2018, 01:52 PM

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QUOTE(veera77 @ Dec 21 2018, 01:47 PM)
The main indicator from ASB dividend is..max dividend for 2018/2019 ASM, ASW2 and ASM3 are 6%..and minumum would be 5.5%...

But still depending US/China market and other Regional market..which could effect our Bursa..and may impact PNB equity return..

Seem PNB under Zeti already diversifying out from equity to other investment...at least we are confident that PNB is in right hand smile.gif

“During the year, PNB remained focus on diversifying its portfolio assets, relocating more cash into fixed income and global assets.”
https://www.thestar.com.my/business/busines...pt3b-says-zeti/
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For ASM maybe yes, for ASM2 and ASM3, this indicator could be outdated.

Just wait and see, as long as there is no better safe investments, even dividend just higher than FD/house loan 0.5% you would still remain here...
vanitas
post Dec 21 2018, 06:01 PM

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QUOTE(veera77 @ Dec 21 2018, 04:58 PM)
Zeti sudah mula cash out dari EQ to cash investment instruments..

Cash investment return usually around 4%...

Hope ASNB investor could calculate/project future ASNB return..
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Maybe our money in samurai bond?


QUOTE(john123x @ Dec 21 2018, 05:41 PM)
If less than 5, I gonna put in bonds
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Bond doesn't give good return this year as well... Might just put FD 4.5%.. if want play safe...
vanitas
post Dec 21 2018, 06:03 PM

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QUOTE(nexona88 @ Dec 21 2018, 06:01 PM)
count me in too...
all jump off the sinking ship  devil.gif  icon_question.gif
let's it be TH runway allover again....
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Let said dividend is 4.5%, are you sure you want to cabut all?
After that, later next year 8%.
vanitas
post Dec 21 2018, 06:21 PM

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QUOTE(alexanderclz @ Dec 21 2018, 06:06 PM)
I think almost impossible to go from 4.5 to 8% on a year
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QUOTE(nexona88 @ Dec 21 2018, 06:07 PM)
from 4.5% to 8%??
how could that even possible....

unless suddenly magic, our Bursa KLCI jump to 3,000 pts thanks to brilliant PH government policies  rclxs0.gif  rclxm9.gif
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8% just an example, maybe took a few years, was want to said it could raise back but not forever 4.5%.

So would you still withdraw as it is not easy to top up 6 to 7 digits as non bumi?
vanitas
post Dec 21 2018, 07:43 PM

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QUOTE(plumberly @ Dec 10 2018, 12:02 PM)
Just called the local ASNB and spoke to the manager.

* still no update from MS on the 2 regulations enforcement.
* when asked on how these 2 regulations will impact the funds, stated the FP to VP!
* advised me not to worry as there are many many many malaysians involved and the repercussion will be huge.

Remember the earlier thread on my call to ASNB HQ and the lady said whether they change  or not will depend on what is stated in the prospectus (quoting the earlier case with one ASB fund)?

I did say do not that for granted and I am not liable for the outcome.  devil.gif

So, please dont kill this messenger. Do your own due diligence.  bruce.gif

Please keep threads related to this under control.  sweat.gif
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user posted image
1. It caught my attention from Najib's comments -
https://www.facebook.com/najibrazak/photos/...?type=1&theater
>> "Sama dengan KWSP dan selaras dengan pelaksanaan Piawaian Pelaporan Kewangan Malaysia 9 (MFRS 9) , ASB yang merupakan unit amanah harga tetap, juga tidak lagi mengiktiraf sebarang rosot nilai ke atas pegangan ekuitinya bermula tahun ini."

2. MFRS 9 replaces the existing MFRS 139 "Financial Instruments: Recognition and Measurement" from 1 January 2018
https://www.pwc.com/my/en/services/assuranc...ents-mfrs9.html

Anyone want to comment on these?
plumberly this post specially for you, since you are the most persistent one to dig this out.

This post has been edited by vanitas: Dec 21 2018, 07:47 PM
vanitas
post Dec 21 2018, 10:34 PM

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QUOTE(propertyowner @ Dec 21 2018, 10:14 PM)
PIDM has base reserves, at least (few Bil and it's growing), whereas PNB has zero base.

Whilst the government power and the interjection can happen, they usually decide to mitigate on bigger/major issue.

Also why must all banks collapsed at same time, it can be closed down due to badly managed or unsustainable business or poor m&a.

So don't think it can be conclusive.
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PNB has zero base reserves??? Source???
vanitas
post Dec 21 2018, 10:53 PM

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QUOTE(smartinvestor01 @ Dec 21 2018, 07:11 PM)
If less than 5, i will put in fixed deposit, at least got PIDM coverage..
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If you check my post earlier, then you know PIDM reserves is myr few billions.

Guess what is total fd amount holded by Malaysians:
https://www.bharian.com.my/bisnes/lain-lain...ursa-invest-you
vanitas
post Dec 21 2018, 11:30 PM

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QUOTE(alexanderclz @ Dec 21 2018, 11:00 PM)
well, on the other hand, we don't expect all the banks to collapse at one time. and pidm only covers up to 250k per person per bank. i suppose many don't have that much amount of money. as for the rich fellas, you may be right that it's 'useless' for them.
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Quick math, 250k x 20000 = 5b.
Assume Malaysia population is 30m, 1% of high net worth individual = 300k.
Assume only 1 bank bankrupt out of 15 banks.

So PIDM only able to cover that 1% people?

Edit: It is up to you guys don't believe number.
Few billions protect 800+ billions. Even just 1% of bank bankrupt can costs whole PIDM.

This post has been edited by vanitas: Dec 21 2018, 11:35 PM
vanitas
post Dec 21 2018, 11:44 PM

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QUOTE(propertyowner @ Dec 21 2018, 11:39 PM)
this math formula is not valid, because malaysia population does not equal to bank account holders.

if PIDM can only cover 1% people like you said, then ASNB can cover how many %?

using reserves is not a protection/coverage mechanism by default.
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I just counting HNWI, and HNWI without a bank, very new to me, keep under bed huh?

It is not if, it is fact. For ASNB case, I will run if it got no reserves, I told you before.
vanitas
post Dec 21 2018, 11:58 PM

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QUOTE(propertyowner @ Dec 21 2018, 11:53 PM)
That's not make sense either. Compensation scheme is to cover a pool of shareholders, not specific person.

No facts showing if a billionaire is one of account holder, the insurance company pay to him first and/or pay to him only.

Up to 250k means it will be distributed, regardless of whether a person is HNWI or not.

On the reserves part since u mentioned it, then it is same way of doing/operating business.

BNM and Private Banks also got their reserves mah.
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I am just giving example PIDM doesn't have the fund to pay 1% of HNWI, didn't said must priority give them first. And you are right, it should be distributed fairly regardless b40 or t20.

Fact>>
PIDM reserves is few billions, while total FD by Malaysians is 800+ billions, without counting saving accounts. It is fact that PIDM only has the fund to cover 1% of total FD by Malaysians.
So it doesn't need all banks bankrupt, just 1% bank bankrupt may cost everything of PIDM.

Opinion>>
On the reserves part, everyone got their own opinions, and I doesn't say my opinion is correct or wrong.

This post has been edited by vanitas: Dec 22 2018, 12:01 AM
vanitas
post Dec 22 2018, 12:23 AM

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IMF expert's opinion on deposit insurance i.e. PIDM:
https://www.imf.org/external/np/seminars/en...006/mfl/pam.pdf

If you really want to know why and how PIDM works, or even why it existed.

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