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

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SUSTOS
post Aug 30 2019, 05:13 PM

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Ok. 5%.

One question though. How does malaysiagazette know about the dividend announcement result even before major mainstream media? I don't see any posts on FB, tweets or press statement on ASNB's official website. Not even on The Star online.

Curious...
SUSTOS
post Aug 30 2019, 05:23 PM

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QUOTE(cscheat @ Aug 30 2019, 05:13 PM)
fake news ?
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I have found the tweet link for the news pertaining to ASW dividend announcement by MalaysiaGazette.

https://twitter.com/MalaysiaGazette/status/...361304799010816

Reading the MalaysiaGazette news article, it seems straight out of a media statement. Probably an early news leak from ASNB officials?






SUSTOS
post Aug 30 2019, 05:27 PM

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There you go!

Official news from TheStar:

https://www.thestar.com.my/business/busines...to-unit-holders
SUSTOS
post Sep 3 2019, 01:14 PM

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QUOTE(MUM @ Sep 3 2019, 01:12 PM)
someone suggest...
if near 50~55 yrs...try EPF,
if far away from 50 yrs.....try tumpeng parents EPF....
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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.
SUSTOS
post Sep 4 2019, 01:05 PM

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ASM 3 on sale now. Got 500 units.
SUSTOS
post Sep 4 2019, 01:09 PM

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Oh. Sorry. Used the wrong term. I meant someone else sold units.
SUSTOS
post Sep 6 2019, 08:36 AM

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QUOTE(ytan053 @ Sep 6 2019, 08:29 AM)
If u r thinking pnb can still work the same way as before, good luck.
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Do you mind sharing why PNB can't work the way before? You think their way of investing and paying out dividend is unsustainable in the long run?

SUSTOS
post Sep 6 2019, 01:08 PM

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500 units ASM a few mins ago.
SUSTOS
post Sep 6 2019, 01:16 PM

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QUOTE(ytan053 @ Sep 6 2019, 08:56 AM)
Just my gut feel and I could be wrong.

Look at epf. epf ceo already mentioned where epf may cease to exist one day, look at what epf has moved to - i-invest, member can invest online with epf account 1 and there are massive redemption and investment just within the first wk of its launch. The sales of unit trust funds in that one day are more than few months of unit trust sales in the market.

PNB's fund size is getting larger, every year need to get approval from Scurities Commission to increase the fund size for the dividend distribution. They also face limits to invest in Malaysia and need to go to oversea. They r also rescuing a lot of local companies by pumping in money to them. One day when the reserve cant sustain anymore, or they didn't manage the investment well / change to better strategy, they might start with dividend not being reinvested, then change to vp in the future as open market.

It might or might not happened but we need to have the forward look and understand the way business work in the past 10 years might not be applicable today with AI, technology, open market etc. 10 years ago, fintech doesn't exist.

So one can still practically rely on asm fp for now until there is major changes in the future then only think of other solution. Or get ready now. smile.gif
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Regarding this: "They r also rescuing a lot of local companies by pumping in money to them."

Do you mind sharing examples? As far as I can tell from their FP funds annual report, most of the holdings to go blue chip companies (at least for the common stock portions) and they seem to have stable cash flow and operations.

It's not like Maybank, TNB, Axiata, Digi, Nestle etc are in trouble. And fixed income securities issued by those corporate companies are of investment grade, not junk bonds or speculative issues etc.

So, why would you say PNB is "rescuing lots of local companies" by pumping money into them? Curious to know.
SUSTOS
post Sep 8 2019, 11:36 AM

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QUOTE(Orchid beauty @ Sep 8 2019, 07:48 AM)
ASM3 dividend will be most probably 4.85%.
If I remember correctly there's a survey previously asking whether are you fine with that rate.
Just saying
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I don't imagine a fund management company like PNB will ask its investor whether one is satisfied with a certain percentage of return. That sounds like your boss is asking you whether you are fine with this amount of salary.

Sounds like the ROI is something negotiable...

Never heard of such survey though.
SUSTOS
post Sep 21 2019, 05:38 PM

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To be honest, are these kind of out-of-the-system transactions legal?

The risk is high apparently.

One improvement I would recommend for ASNB is to make public the current (real-time) outstanding units available for greater transparency instead of limiting that information to the staffs at ASNB offices and their agents.
SUSTOS
post Sep 27 2019, 05:06 PM

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No news yet? I thought it will be announced today, no?
SUSTOS
post Sep 28 2019, 05:02 PM

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QUOTE(nexona88 @ Sep 27 2019, 06:21 PM)
either today or Monday..

since Today No news... then It's Monday Confirmed  tongue.gif
because Tuesday already start trading  dry.gif
*
Thanks. Finger crossed on Monday. smile.gif
SUSTOS
post Sep 28 2019, 05:31 PM

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I am aware that Sapura Energy is one of the companies invested by ASNB FP funds, but the company does not seem to be making a profit for quite some time. Still at a loss for 2Q in the result announced recently.

https://www.theedgemarkets.com/article/sapu...-narrows-rm116m

Any reason why ASNB fund managers continue to invest in it?
SUSTOS
post Sep 29 2019, 10:09 AM

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QUOTE(beLIEve @ Sep 28 2019, 07:08 PM)
To help get you a better return when oil price recovers?

https://www.thestar.com.my/business/busines...pura-investment

Or to prevent it from getting delisted, then you lose both in ASM and EPF

Edit : Interestingly, a quick glance at ASB1, 2, 3, and ASM2, no indication of Sapura. ASM1 and ASM3, especially ASM3, serious loss. That's why I like to stick with those with bumi-reserved quota, but it's unbeLIEvable that ASM2 returned less than ASM1.

And they're making money from money market vs losing in KLSE, if my understanding is correct. I'm not accountant and no experience in reading annual reports.
i was hit with another problem but it didnt last 20 mins so long. I just struck and wanted to pay, but entire server was down after choosing bank for FPX. I think fortunate kua, imagine I paid at FPX but ASN service totally down. Have to go through hassle to reclaim the money.
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Make money from MMF? Most MMF only give interest rate as high as typical FDs and promo FDs which is around 3-4%. How can they give 5% of return then? From shares' dividend?

QUOTE(beLIEve @ Sep 29 2019, 02:00 AM)
ahhhh do a websearch and you should get the answer.

2,147,483,647 is 32 bit signed integer limit. In reality, multiply shareholding of sapura holdings by 3.3.
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Don't quite understand why need to multiply by 3.3 times? What does this have to do with the 32-bit signed integer limit (Have some computer background knowledge, but no idea why this has to do with 3.3 times the shareholding). Do you mind to elaborate further?

QUOTE(neverfap @ Sep 29 2019, 09:59 AM)
Asnb aside, I think need to make a budget for ur expenses when 100 means a lot for a married couple.

U guys already have emergency fund saved up? 6 months of ur combined salary if possible. If not then maybe 6 months of expenses.

If got kids then even more challenging coz kids are expensive and the expenses for them come unexpectedly. Also need to save for their future education.

If can't really take time to buy the fund then can just go for conventional/promo fixed deposit (around 3% for conventional and around 3.5 to 3.9% for promo). If need high liquidity then maybe keep the money in high interest yielding account like OCBC 360, UOB One etc.
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Or consider money market funds. Available on FSM and eUT, I think.
SUSTOS
post Sep 29 2019, 10:56 AM

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QUOTE(beLIEve @ Sep 29 2019, 10:29 AM)
anything higher than the 3-4% rate is from trading on KLSE and dividends.

Permodalan Nasional Bhd. 2,147,483,647 37.0%
Sapura Holdings Sdn. Bhd. 1,732,725,035 10.8%

10.8% = 1,732,725,035

How can 37% be 2,147,483,647
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Thanks. Nice catch on the numbers! smile.gif

SUSTOS
post Sep 30 2019, 01:11 PM

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QUOTE(beLIEve @ Sep 30 2019, 01:02 PM)
wahhhhh that's really nice of you giving this for free. i want i want
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Did the person say he/she give this out for free? tongue.gif

The person only mentioned that there is such a software he/she has developed, but no info on price.

I have to say this is going to be lucrative business, if priced. But it would mean the ASNB server needs more frequent upgrades to handle the tsunami of traffic flow. You can foresee it. smile.gif
SUSTOS
post Sep 30 2019, 05:41 PM

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QUOTE(annoymous1234 @ Sep 30 2019, 05:39 PM)
When can we start to see the reinvestment?
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Ya, same question for me. It makes me wonder why the dividend reinvestment already appear in ADAM 50 and is not reflected in others' ASM 3 investment account statements.
SUSTOS
post Sep 30 2019, 05:49 PM

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QUOTE(beLIEve @ Sep 30 2019, 05:45 PM)
because there are less ADAM50 vs adults, and it has not been formally announced yet.
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So, when exactly is it that the dividend reinvestment figures are reflected in those ADAM 50 account statements? One day before the actual start of the new financial year for each ASx funds?

So, if this is true, that means all we need to do is to ask for the new increment in percentage for those ADAM 50 investors for each ASx funds, and we do not need to wait for the official announcement every year for each ASx fund?
SUSTOS
post Oct 1 2019, 08:50 AM

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Did anyone manage to fish any unit this morning, around 7-8?

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