Past performance is not an indicator of future returns.

Anyway, not sure if you guys realize, ASM's 2021 AR is now available: https://www.asnb.com.my/pdf/produk/ANNUALRE...nnual%20ASM.pdf

As always, full list of investment portfolio can be requested via email. (Make sure you state in your request email that you want to include fixed income portfolio and money market investment data, otherwise they will most likely just send you the equities list both local and overseas).



This post has been edited by TOS: Jun 6 2021, 06:12 PM

https://www.theedgemarkets.com/article/merd...ion-progress-81

https://www.asnb.com.my/pdf/media/berita/20...for%20ASM2W.pdf

Not sure if the difference is due to drawdown of past reserves or just purely transaction date mismatch issue. I guess we will know more when the AR is out.

I think so.

I got 3k x3 ASM2 plus 3k ASM1. 12k today. Now ASM2 bigger than ASM1 already. Need to rebalance soon I guess.

I don't know if timing is an issue. Seems like they release units sharp every hour on the hour.



People might sell randomly, so the fact that 3 transactions on 12 p.m., 2 p.m., 3p.m. respectively look more like system releasing units. (1 p.m. I was away for lunch)

Of course there is a very remote possibility that it so happened that today people sold units sharply on the hour on 12, 2 and 3 p.m.

Maybe you guys can try aim for sharp hours tomorrow or on ASM3 dividend date. After noticing the trend, I tried with units around 4 p.m. sharp but to no avail. So this whole timing matter might just be a coincidence.

ASM1 3k is certainly someone selling at random time.

This post has been edited by TOS: Sep 1 2021, 06:25 PM

I am not sure too, but I think dltt answered your question. My meaning of "rebalance" is to top-up on the one with lower amount, not strictly "rebalance" in the sense. Sorry for the misunderstanding.

I am not married with kids. But as others have commented, with improving outlook and diversification to overseas asset, I suppose ASNB FP's dividends should rise up gradually from the bottom.

Another issue with SSPN is transparency. Correct me if I am wrong, but I could not find SSPN-related annual reports, financial statements and/or holdings summary/details. How do they invest your money to give you 4% annually? How many % in bonds/stocks etc. The exact details should be published in some form of reports, but I could not find it anywhere in the official PTPTN/SSPN portal.

https://www.ptptn.gov.my/pengenalan-sspn-i-side

As this is off-topic, feel free to quote my post and reply in the SSPN thread.

This post has been edited by TOS: Sep 1 2021, 09:28 PM

[quote=Unkerpanjang,Sep 2 2021, 06:40 AM]
Another issue with SSPN is transparency. Correct me if I am wrong, but I could not find SSPN-related annual reports, financial statements and/or holdings summary/details. How do they invest your money to give you 4% annually? How many % in bonds/stocks etc. The exact details should be published in some form of reports, but I could not find it anywhere in the official PTPTN/SSPN portal.

https://www.ptptn.gov.my/pengenalan-sspn-i-side

As this is off-topic, feel free to quote my post and reply in the SSPN thread.

[/quote]
Bro, connect the dots among ASB, TH, Bank Rakyat, Sspn, and all the other Govt financial vehicles. Important is to seize the opportunity, n keep quiet. There's alway shades of grey. Their motto is to help the xxxx....if u r lucky, u board the free ride. U think the Govt of the day won't bail out Sspn?

Don't u think that EPF, kwap, etc pumping in Tiger Bank, etc is all part of acceptable market manipulation? Free market dictates some companies go bankrupt, but in reality there's alway sacred animals n Org too big to fail.

[/quote]

I don't want to comment on that, but I think there is no harm in revealing their investment holdings like EPF/PNB has done. PNB is actually composed of 2 funds, while the ASM1/2/3 holdings are published the proprietary fund is not, so it is not exactly transparent. But at least the immediate holdings are known to us, better than nothing.

[quote=!@#$%^,Sep 2 2021, 08:40 AM]
round number doesn't mean need to buy. u can sell also. haha

[/quote]

If don't have spare cash and there are good opportunities elsewhere I might do that, otherwise, I think I will top-up, but at a slower pace than other direct international investments so that I can reduce my heavy weights over time in ASNB products. Top-up on dividend day looks fine from yesterday's experience. No need to spam and fish every day I guess.

Same magical things happening on my side, 100 units around 3 p.m. Maybe less units released compared to yesterday. Or someone saw my earlier post and already act swifter.

Can you share the link?

I think ISC means "Initial Sales Charge". Switching between FP funds no charges but subject to unit availability.

This post has been edited by TOS: Sep 18 2021, 07:30 PM

https://www.asnb.com.my/pdf/media/berita/20...20FYE300921.pdf



Surprisingly strong number there.

Need to read the detailed holdings and compare with AR 2020 for the same fund and see the changes to know. They usually publish the AR later.

In another news:

I don't think so.

https://en.wikipedia.org/wiki/Amanah_Raya_Berhad

https://www.sinchew.com.my/20211016/%e4%bc%...844-5%e4%ba%bf/

Sources told The Edge that PNB plans to sell part of their stake in Sime Darby and IHH to raise around 350 million to 450 million MYR.

It is not certain the amount of shares to be sold and the price. PNB does not respond to media queries. The spokesperson mentioned in the email reply that PNB's policy is they don't comment on market rumors or speculations.

PNB is the largest shareholder of Sime Darby, according to Sime Darby's 2020 AR, PNB hold 3.6 billion or 53% of Sime Darby shares. As of end of last year, PNB holds 527.9 million IHH shares, or 6.01% in ownership.

Sime Darby rises 1.7% YTD, closing at 2.31 MYR last Friday with a market cap of 16 billion MYR. IHH rises 22% YTD, closing at 6.72 MYR last Friday, with a market cap of 59 billion MYR.

This post has been edited by TOS: Oct 17 2021, 09:31 AM

Sinchew does not mention that. Maybe to invest overseas or rebalance the portfolio into new investments.

https://www.theedgemarkets.com/article/pnb-...u-saham-digital

Minggu Saham Digital coming soon

What sort of freebies?

In economics, there is no free lunch in this world (at least in an efficient market).

I wished they save that money and pay back unitholders in the form of extra dividends...

How exactly do cars and motorcycles improve people's financial literacy

ASM 2 Wawasan AR 2021 has been published today. As always, drop an email to ASNB to request for the full list of investment portfolio. (They only show top 20).

https://www.asnb.com.my/pdf/produk/ANNUALRE...Wawasan%202.pdf

They didn't draw down or replenish past reserved earnings this year.

https://www.theedgemarkets.com/article/pnb-...-concessionaire

Now you directly own the Sungai Besi-Ulu Klang expressway (SUKE). I suspect "national service" given the series of bad incidents happening with different segments of the SUKE project. Some contractors might need capital injection, so you pay instead.