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

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ericlks91
post Dec 21 2018, 05:49 PM

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QUOTE(nexona88 @ Dec 21 2018, 05:47 PM)
give few days for system to be updated...

for your case.. Monday or Thursday  cool2.gif
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Ok thanks sifu, i will tell him. he panic called me just now thinking his money gone tongue.gif
DBHILUHDAQWISRTNJ
post Dec 21 2018, 05:51 PM

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QUOTE(ericlks91 @ Dec 21 2018, 05:45 PM)
Guys my friend opened a new ASNB acc this morning with Maybank and bought some ASN SARA 2.

But he told me when he wants to sign up in myASNB, when selecting the "Pilih 1 produk ASNB yang dilanggani", he selected ASN Sara 2, but it failed and asked him to select again.

My question is can online account be opened the same day as opening new acc in branch? or what seems to be the issue here?
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As I know take 1 day then only can online buy due to vp price take 1 day to confirm .
nexona88
post Dec 21 2018, 05:52 PM

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QUOTE(ericlks91 @ Dec 21 2018, 05:49 PM)
Ok thanks sifu, i will tell him. he panic called me just now thinking his money gone tongue.gif
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hahahah
thanks to CIMB fiasco..
now everyone worried about missing $$$
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...
nexona88
post Dec 21 2018, 06:01 PM

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QUOTE(savvyaunty @ Dec 21 2018, 05:37 PM)
Aunty one of the first to run
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QUOTE(john123x @ Dec 21 2018, 05:41 PM)
If less than 5, I gonna put in bonds
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count me in too...
all jump off the sinking ship devil.gif icon_question.gif
let's it be TH runway allover again....
55665566
post Dec 21 2018, 06:02 PM

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QUOTE(kachak @ Dec 21 2018, 02:13 PM)
If you have to ask this question, you haven't been with them long enough. just saying.
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mind sifu teach me why? biggrin.gif
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%.
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post Dec 21 2018, 06:06 PM

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QUOTE(vanitas @ Dec 21 2018, 06:03 PM)
Let said dividend is 4.5%, are you sure you want to cabut all?
After that, later next year 8%.
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I think almost impossible to go from 4.5 to 8% on a year
nexona88
post Dec 21 2018, 06:07 PM

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QUOTE(vanitas @ Dec 21 2018, 06:03 PM)
Let said dividend is 4.5%, are you sure you want to cabut all?
After that, later next year 8%.
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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
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?
nexona88
post Dec 21 2018, 06:21 PM

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good idea from Najib.. our beloved ex-PM
don't like ADAM50 name. change to GuanEng50, Maszlee50, MatSabu50 or any others suitable name rclxs0.gif

http://www.utusan.com.my/berita/politik/ta...-najib-1.808789

laugh.gif laugh.gif laugh.gif

but seriously.. I wonder how lack of response.. when u want collect the MyKid, u needed to summit the ADAM50 application form together in JPN hmm.gif

This post has been edited by nexona88: Dec 21 2018, 06:24 PM
smartinvestor01
post Dec 21 2018, 07:11 PM

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QUOTE(john123x @ Dec 21 2018, 05:41 PM)
If less than 5, I gonna put in bonds
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If less than 5, i will put in fixed deposit, at least got PIDM coverage..
Selectt
post Dec 21 2018, 07:29 PM

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zeti announced 3.25% for ASN
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
nexona88
post Dec 21 2018, 08:06 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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Aiyooo.... How many times needed to say leh...
PIDM is kinda "useless". They don't really have the funds to " cover"... Please refer back previous post by @vanitas 🙏
propertyowner
post Dec 21 2018, 10:14 PM

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QUOTE(nexona88 @ Dec 21 2018, 08:06 PM)
Aiyooo.... How many times needed to say leh...
PIDM is kinda "useless". They don't really have the funds to " cover"... Please refer back previous post by @vanitas 🙏
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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.

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
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post Dec 21 2018, 11:00 PM

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QUOTE(nexona88 @ Dec 21 2018, 08:06 PM)
Aiyooo.... How many times needed to say leh...
PIDM is kinda "useless". They don't really have the funds to " cover"... Please refer back previous post by @vanitas 🙏
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QUOTE(vanitas @ Dec 21 2018, 10:53 PM)
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
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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.
nexona88
post Dec 21 2018, 11:02 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.
*
yes. I agreed PIDM got some reserved.... but PNB zero based? it's new info to me... care to explain icon_question.gif

I don't think there's any history of banks collapsed / bankrupt in Malaysia hmm.gif

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