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

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-CoupeFanatic-
post Aug 30 2019, 04:21 PM

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QUOTE(fun_feng @ Aug 30 2019, 04:18 PM)
Still no news of ASM2 dividen??

mati lah like this
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patience...
-CoupeFanatic-
post Aug 30 2019, 04:47 PM

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chill guys, no need to be worked up over such small things.
-CoupeFanatic-
post Aug 30 2019, 09:54 PM

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QUOTE(Ultra+ @ Aug 30 2019, 05:21 PM)
Disappointed at 5%.
U all got what u have expected (wish for)...
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QUOTE(oro100 @ Aug 30 2019, 05:24 PM)
5% only? ....
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sell la wait wat
-CoupeFanatic-
post Sep 2 2019, 01:59 AM

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QUOTE(abcn1n @ Sep 2 2019, 01:35 AM)
Thinking aloud.
When Zeti took over, I remembered feeling that she was pretty conservative from an article that I read and thus, expected returns would be lower. (even if market stays the same due to her 'conservative style'). However, was still hoping that it would still be be 5.5% for ASM2. Certainly didn't expect it to be 5%.  (Reason: Even though market dropped the past year, $ can still be made by trading stocks besides earning dividend.)

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

From thestar article :
11 months net profit = $760m

11 months gross income = $979.5m
[breakdown:
profit from sale of shares= $231.05m or 24%
dividend =$569.48m or 58%
Sukuk/FD/Fixed income instruments =$178.98m or 18%]

The Sukuk/FD/FI  interest tends to be lower, so to even get 18% of total gross income, a fair chunk must have been put into it, which will drag down overall profitability. Dividend as usual tends to be higher than FD interest. Profit from sale of shares --most likely most of it came from trading stocks.

Difference between gross and net income is $219.5m or 22.4% ($219.5m/$979.5m). Anyone knows whether ASNB calculate the 'paper loss' of stocks still being held? If so, then it should be part of the $219.5m right? If not, then cost of running ASNB (ie salary etc) is $219.5m or 22.4% of gross income
I expect lower rates to come in future years as USA market is not even in recession yet.
Thanks for the below  .
*
I wonder how well will ASNB FP funds perform for future financial crisis.

1997 asian financial crisis - ASW2020 (ASM2) declared 10.10% return
2008 global financial crisis - ASW 2020 (ASM2) declared 7.00% returns while ASM declared 7.80% return
-CoupeFanatic-
post Sep 2 2019, 10:04 PM

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sleep well tonight and start fishing tomorrow
-CoupeFanatic-
post Sep 3 2019, 10:17 AM

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QUOTE(guy3288 @ Sep 3 2019, 12:26 AM)
from 6+% going down to 5 and lower?
the music is about to stop

Those who averted ASX earlier wanna join in now might be abit late...

compared to last year my ASM2 dividends reduced alot
alot
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sell sell sell
-CoupeFanatic-
post Sep 3 2019, 10:28 AM

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QUOTE(annoymous1234 @ Sep 3 2019, 10:21 AM)
false hope, people. can get back to work now
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maybe u just unlucky, i just got 1k 5 mins ago rclxms.gif rclxms.gif
-CoupeFanatic-
post Sep 3 2019, 10:50 AM

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QUOTE(annoymous1234 @ Sep 3 2019, 10:45 AM)
Oh so if got diam diam jer la. Haha
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ok i diam
-CoupeFanatic-
post Sep 3 2019, 11:15 AM

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QUOTE(jorgsacul @ Sep 3 2019, 10:59 AM)
Sold all my units and move up non ringgit UT to take a bet. Good luck all
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good luck brow rclxms.gif thumbup.gif
-CoupeFanatic-
post Sep 3 2019, 01:53 PM

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QUOTE(TOS @ Sep 3 2019, 01:14 PM)
Why tumpang parent EPF when you already can open your own EPF account as early as 14-15 years old? You can open an EPF account even if you are just a student and not yet working.
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because of liquidity
-CoupeFanatic-
post Sep 3 2019, 02:03 PM

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Extracted from the comment section of KCLau's website
QUOTE
"what make it possible for ASNB to offer such attractive (i.e., with always more than average return) fixed-pricing unit trusts; and why all other fund houses are unable to offer the same product?"
And also, I am not able to find such fixed price funds in other countries, only Malaysia offers this kind of fixed price fund, which is near risk-free. Why is that?
-CoupeFanatic-
post Sep 4 2019, 09:30 AM

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high probability of default though, 7% coupon rate eh
-CoupeFanatic-
post Sep 4 2019, 09:42 AM

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QUOTE(annoymous1234 @ Sep 4 2019, 09:32 AM)
stop derailing this thread or mod it will move it to/k again
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ok, start fishing for ASX units now
-CoupeFanatic-
post Sep 4 2019, 10:56 AM

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QUOTE(jorgsacul @ Sep 4 2019, 10:47 AM)
Sour ke? Already cause by some this kena move but we still talk of finance instead of kopi kopi
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haha, i don't know. but what i know is that this is a ASNB FP unit trust thread, so just stick to it. you can create new thread for bonds to discuss further.
-CoupeFanatic-
post Sep 4 2019, 02:27 PM

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QUOTE(vincentcwc92 @ Sep 4 2019, 01:59 PM)
Is there any auto captcha software for asnb? lol
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if got everyone use already haha

the whole idea for captcha is to prevent spam though, even if got, IT team may have already patched it
-CoupeFanatic-
post Sep 5 2019, 08:44 AM

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QUOTE(Pisanggoreng @ Sep 5 2019, 08:28 AM)
wat is the chance of getting today?
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0 - 100%

rclxms.gif rclxms.gif
-CoupeFanatic-
post Sep 5 2019, 08:53 AM

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QUOTE(honeydeal @ Sep 5 2019, 08:49 AM)
I get 0% after 20 minutes of trials, kena back to work and reply emails  bye.gif
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try 9am to 4pm, now still so early. less chance to fish during early hours
-CoupeFanatic-
post Sep 5 2019, 09:04 AM

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QUOTE(skysboyz @ Sep 5 2019, 08:59 AM)
There was at least 100k unit release today morning at 7 am & sold within 5 mins
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y u sell 100k units?
-CoupeFanatic-
post Sep 5 2019, 12:28 PM

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people will sell as long as they need money la dei, so it boils down to your luck actually.
-CoupeFanatic-
post Sep 5 2019, 12:35 PM

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QUOTE(iRebels @ Sep 5 2019, 12:31 PM)
Yes agreed. If no luck then have to be hardworking
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both hardworking and luck come hand in hand.

if you are hardworking, it means that u position yourself well when the luck comes.

if you not hardworking, sometimes luck comes to you but you not in the position to grab it.

so, be hardworking and wait for luck to come.

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