by walking to the nearest panel banks below and ask if you can start this ASNB thing as a non-bumiputera



they should get you sorted out with either a FD promo link to ASM 2 or push their ASN Equity or Sara lols
either way, just get your account opened by paying the minimum and then register online to start fishing =D

just got 5k from ASM2 been trying on & off since 8am lols, fishes very hard to come by these days

I thought the Maybank2u only for ASB units? don't think can buy ASM gua, correct me if I'm wrong?

Unker, which pool unker fish? teach us sifu

This one need to ask our saitong09 he most understand unker style

walao like that meh, unker play catch & release now ah

madam very sensitive when comes to ASM lols, that's why I asked unker to clarify which pool haha
we all very gan jiong oso when ASM pool open again

Previously there were people asking if it's okay to top up during the month of ex-date, example from 1st to 29th Sept as ASM3 ex on 30 Sep so here's concrete proof that it's useless ya, you'd have to do it latest by 31st Aug

ASM2 has been good to me, got 5k after 5mins yesterday 10am, probably many cashing out to buy Genting Malaysia lols

*edited for maths FAIL*

It is forward counting on monthly basis, you are free to put in or take out however much you want
example:

28 Nov RM1,000 will only be counted for pro-rated 1/12 * dividend let's say 6% if you maintain it until 1st January, if you withdraw it by 31st Dec then it will be zero interest earned. If you keep until ex-dividend date of 30th Sept 2019 and only withdraw on 1st October 2019 then you will get the interests counted for month of Dec until Sep which is 10/12 * 6%

basically our money needs to FULLY sit in untouched per calendar month, not per 30 days basis. So it doesn't make a difference if you put your money in on 1st or 30th/31st of that month.

as above mentioned, let's take a simulation using ASM3 at 6% for example:

1st Sep RM4,000 IN
15th Sep RM5,000 IN
End Sep Balance: RM9,000

1st Oct RM5,000 IN
20th Oct RM3,000 OUT
31st Oct RM8,000 IN
End Oct Balance: RM19,000

1st Nov RM2,000 OUT
End Nov Balance: RM17,000

31st Dec RM3,000 OUT
End Dec Balance: RM14,000

Assume you stop putting in/taking out until following year 1st Oct then your dividend shall be calculated as follow:

Sep- RM0 earned (not full month)
Oct- Balance>Sep so take lower RM9,000 x 1/12 x 6% = RM45
Nov- Balance<Oct so take lower RM17,000 x 1/12 x 6% = RM85
Dec- Balance<Nov so take lower RM14,000 x 1/12 x 6% = RM70
Jan- Sep Balance maintain RM14,000 x 9/12 x 6% = RM630

Total dividend earned: RM830

Anyone sifus can verify the above? Much appreciated since I just joined, no historical data to counter-check

This post has been edited by khuanoz: Nov 28 2018, 04:18 PM

Thanks for highlighting my maths fail lols should have used excel
Only thing we differed was you used 11,000 as your lowest whereas actually 9,000 is the lowest balance for month of Oct starting balance 01/10/18

Yup, lowest balance at any given month, that's the most appropriate way.
btw your html link has too many http://

https://jomurusduit.com/2017/12/cara-pengir...n-asb-2017.html

Withdrew ASM3 for CNY, RM50k total any lucky fishermen here got it?



This post has been edited by khuanoz: Jan 28 2019, 04:03 PM

As what unker said above, except that HLB told me system down kenot do, MBB say whole Malaysia system down, RHB no f just put one printed sign say ASB withdrawals closed, Ambank even smarter say nobody at counter only 3pm the officer back, CIMB say can but very slow need wait for turn come back 1-2hrs then will call name then only give number, BSN just straight take number

So ended up I took 30k from BSN as the branch limit is that (heard they got money problems) and remainder 20k from CIMB (confirmed no limit if credit to account, if cash is 20k only)

Just an insight into the trend of banks & how and when people usually get their withdrawals, you'd get an idea of the amount to put in and at what time lo to fish

Of course it will be gone within seconds lah, no need to say half hour lols

Hope it helps all the hopeful fishermen here