Yes. You want to sell?

Global financial crisis also no 2.8% woh

Ok loh. I sell all my asm holdings when promotional FD reach 2.8%

I never expect a non-bumi fund to give higher returns than bumi funds. ASM 1 was higher because it was declared before ASB 3.

I was expecting 5.25% matching ASB 3 since ASM 2 has 51% bumi quota.

So I guess the theory about ASB 3 being a Growth fund returning lower dividend might not be 100% correct. Still, it was 4.85% if not for the bonus.

Unker DBRUSSELL!!! 好久沒有你的信....好久沒有人陪我談心.....

This post has been edited by beLIEve: Aug 31 2019, 12:06 AM

Not bad la.

https://www.thestar.com.my/business/busines...to-unit-holders

Since the beginning of the financial year of ASM 2 Wawasan, the 30-stock FBM KLCI has fallen by 10.16% from 1,819.66 at Aug 31, last year to 1,634.87 on July 31 this year.

As at July 31,2019, ASM 2 Wawasan generated a total gross income of RM979.5mil, with profit from sale of shares contributing RM231.05 million or 24%.

Dividend income from investments in listed and non-listed companies amounted to RM569.48mil or 58% of total gross income, with the remaining RM178.98mil or 18% from investments in sukuk/Islamic fixed deposit as well as income from other fixed income instruments.

This post has been edited by beLIEve: Aug 31 2019, 12:47 AM

Maybe 0.1% is the bonus from retained profit from previous years.

0.1% extra from people who sold/bought middle of the month aka other than 1st day of the month.

This post has been edited by beLIEve: Aug 31 2019, 10:22 AM

I smell a Merdeka sale coming.


0.1% indirectly contributed by people who sold/bought middle of the month aka other than 1st day of the month who are not entitled for dividend for that month.

This post has been edited by beLIEve: Aug 31 2019, 10:26 AM

i think you're right. income is 11 months. payout is 12 months. missing 1 month either from Aug 2018 or Aug 2019.

Tested buying VP, it worked. Everyone should take turn to try buy FP see they release for sale or not. As far as I know, VP is never opened on weekends. Who knows, really got such a thing as Jualan Hari Merdeka?

This post has been edited by beLIEve: Aug 31 2019, 12:05 PM

Variable Price and Fixed Price

if they feel headache to catcha once for every 30k, i don't think we will get 5%.

remember the bumi reserved quota? catcha once terus strike?

actually, the gross income reported is 11 months. you agak2 divide 11 multiply 12. then add in other factors.

also i think dividend should be based on net income though i could be wrong.

No. I am assuming that most of the ASN staffs are bumi. Bumi just need to catcha once to strike (at least, for ASB1). So bonus unit or bonus MYR, not a big difference because just need to catcha once to buy. Won't cause a headache unless they have, say, $3m to buy per person.

ASB2 and ASB3, from what I read here, depends on unit availability. If not happy, just buy ASM2 and terus strike the bumi quota. very sure no headache.

This post has been edited by beLIEve: Aug 31 2019, 12:09 PM

Fair loh. Otherwise all the smart + early birds get all the worms and sell off when economy tanks. Dumb ones will buy and make little profit. not-so-dumb will sit out, so no one will absorb the selling.

The smart ones should go for VP. I saw one of the VP fund giving like 11% return in 2018. deduct commission still got 7%. Those good with economy can forecast recession this year and sell in advance.

yklooi
I think it's very difficult to match with KLSE index.

1. part of their income is from dividend from KL counters.
2. part of their income from trading on KLSE. Win Lose or Draw should vary each year.
3. part of their income from money market - so back in the 80s-90s, interest rate also high.

that's why loh. you're the one headache due to catcha, not them

me finger cramp only. but i've lotsa times to rest already since buy on Sept 3 or Sept 30, still no dividend.

in terms of allocation, don't know.

in terms of return, quite sure around 3% unless they put in promotional FD. Back in those days, I think sukuk higher much higher return than FD but rumor say very difficult to buy. now i don't know how's the return.

so the more sukuk or FD they put in, the less return you get. promotional FD was 4.4% tops. after BLR go down, I think 4% will some occasional 4.x% promo. well below 5% loh.

have to wait for peak oil, around $100. then all these O&G can return to former glory. that day i ter-looky see some US company also running at huge loss.

This post has been edited by beLIEve: Aug 31 2019, 12:29 PM

#define lower

lower than previous year or lower each year? I believe it's part of their diversification. if i don't have a memory crosslink, I saw somewhere they even put inside maybank2me's FD at 3.x%. so to give dividends higher than that, sure sapu a lot from KLSE

either parking temporary or part of diversification.

whole world also near peak already

I don't know if khazanah is trading shares. As its name is termed, it's supposed to hold a stake in national treasures. Few / most of those treasures tanked after the election. Telekom sacrificed itself to give you cheaper faster internet to catcha. So indirectly, we use ASN dividend to pay.

If you are suggesting ASN and EPF fun managers go khazanah, /whois going to give you a big fat income distribution of your ASM 1 2 3?

This post has been edited by beLIEve: Aug 31 2019, 05:18 PM

amount receive below my calculation.

either it does not include transaction on the first day of the month or calculation until purchase on Jul 1.

yes i do agree with this. it's clearly stated lowest amount for the month. but everyone say 1st day is exception.

i'm shocked that it came from you. if the calculation is wrong, just keep quiet? I also agree, since it's not your money.


Let me count count again and update.

Update : ok my calculation last nite was wrong. Recalculation, including 1st day of the month being counted for dividend for that month, off by around 30 cents.

This post has been edited by beLIEve: Sep 1 2019, 12:39 AM

Yes you're right. Recounted again and 100% correct with round up to nearest cent.

Guess I mis-apply the formula in one of the months the other day.