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

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beLIEve
post Mar 16 2020, 03:16 PM

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QUOTE(TheEquatorian @ Mar 16 2020, 12:12 PM)
Thanks for the promo info. Yes, they mentioned about 1000units. Where is the promo usually announced?

Do you know if the beneficiary needs to be present also?
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on their website. I haven't do mine, waiting for promo. I assume beneficiary no need to be present as long as you have their details.

QUOTE(ginateo99 @ Mar 16 2020, 03:11 PM)
Aiya...girls got many ways to korek money one mah. My bank may be kosong today but my sos of income still coming in...
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so good woh. Now i'm left with hutang only. no more money to buy ASN. less 1 challenger.
beLIEve
post Mar 16 2020, 04:07 PM

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QUOTE(ginateo99 @ Mar 16 2020, 03:19 PM)
Less one challenger not much difference. If nobody is selling then I still cannot get any units...
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Got difference la. I'm one that makes a difference.

Have to try nonstop loh. Maybe you 下旨 your boboy to try for you. 9am-4pm or 7am-6pm.
beLIEve
post Mar 17 2020, 10:40 AM

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QUOTE(poor fella @ Mar 17 2020, 09:30 AM)
good morning  rclxm9.gif

got seemingly endless asm3 units around 9:13am.  brows.gif

same yesterday around 10am something.  brows.gif  brows.gif
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how come you didn't finish your money yesterday if ASM3 supplies is endless possibilities ?
beLIEve
post Mar 17 2020, 11:23 AM

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QUOTE(poor fella @ Mar 17 2020, 11:18 AM)
got secret supply of money appearing last night  brows.gif  brows.gif
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ooooooic

you have fun la. i'm done already last month.
beLIEve
post Mar 17 2020, 11:47 AM

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QUOTE(Syncing @ Mar 17 2020, 11:34 AM)
Good amounts today, are people withdrawing to panic buy ? haha
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not necessary. maybe worry liquidity.

https://www.marketwatch.com/story/wall-stre...rket-2020-03-14

This post has been edited by beLIEve: Mar 17 2020, 11:50 AM
beLIEve
post Mar 17 2020, 05:35 PM

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QUOTE(theevilman1909 @ Mar 17 2020, 03:37 PM)
so what rate we can expect for ASM1 now?
4%?
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Can lah. If too low everyone redeem, then liquidity problem.

QUOTE(lowyat101 @ Mar 17 2020, 03:44 PM)
May I know how to know if units are available? Is it just key in RM100 into the topup value and try to proceed? Or better try with higher amount?
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Yes. Start with 100. Once you are comfortable, go higher.

QUOTE(MGM @ Mar 17 2020, 04:31 PM)
Can ASx units be transfered on 1st of the month that falls on weekend like 1-8-2020(Sat) and 1-11-2020(Sun)?
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Yes. Bought 1000 from my colleague this 1st. But no one can tell if server suddenly go into maintenance mode or 6pm-7am mode.

QUOTE(samuraix79 @ Mar 17 2020, 04:45 PM)
Wonder is ASNB consider essential?
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No
beLIEve
post Mar 17 2020, 06:12 PM

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QUOTE(MGM @ Mar 17 2020, 05:58 PM)
Thanks for confirmation. What about Saturday?
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No problem

Haven't done any on Saturdays but noticed that it's available as any other day 7am-6pm.
beLIEve
post Mar 19 2020, 09:41 AM

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QUOTE(lowyat101 @ Mar 19 2020, 09:08 AM)
just wonder why ASM1 and not ASM2 and ASM3? coz i see, the main counters hed by all these 3 funds are almost the same right?
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0.5% higher dividend in 2019 thus harder to buy. Tide will change once ASN declare dividends below 5% for ASM1.

QUOTE(lowyat101 @ Mar 19 2020, 09:13 AM)
also from the few recent posts, i read that now there's no more transfer fee, is it correct?
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yes

This post has been edited by beLIEve: Mar 19 2020, 09:41 AM
beLIEve
post Mar 19 2020, 09:54 AM

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QUOTE(lowyat101 @ Mar 19 2020, 09:45 AM)
alright, thanks for both the info

btw my wife got a ASM2 account from many years ago when it was launched but she hasn't register for online yet. if i want to transfer some unit of my ASM2 to her, is it possible? or she has to register for the online account first?
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you are welcome.

yes you can transfer to her. people say as long as recipient already own the fund, then you can transfer. only problem is you cannot verify that she received it without her online account. transfer on the 1st of the month is better, so you won't lose a month's dividend.
beLIEve
post Mar 19 2020, 10:20 AM

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QUOTE(lowyat101 @ Mar 19 2020, 09:56 AM)
Thanks again. I managed to buy a few 100 of ASM2 just now, so I think i can transfer anytime right? since for this month i think i will not get any interest already?
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yes correct. why buy multiple of 100s? people say there was a big sale. you could've bought multiples of 30k.

QUOTE(PenangLaksa @ Mar 19 2020, 10:16 AM)
guys, with the current situation, does it make sense to protect the principal and withdraw it asap, rather than waiting for the dividend? thanks.
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you worry ASN goes into liquidity problem when the entire 1Malaysia withdraws? hard to say.
beLIEve
post Mar 19 2020, 10:26 AM

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QUOTE(PenangLaksa @ Mar 19 2020, 10:23 AM)
3 weeks ago, the profit was still 3k+, today, 800+  bangwall.gif
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you mean yours are Variable Priced funds?

ours are 99.99% ASM1,2,3.
beLIEve
post Mar 19 2020, 10:55 AM

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QUOTE(INTEGRITYXXXXX @ Mar 19 2020, 10:47 AM)
wow, why so many units in ASM2 and 3?
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buy the market while it's cheap. when it rebound, cash out and give you higher dividend.
beLIEve
post Mar 19 2020, 11:12 AM

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QUOTE(lowyat101 @ Mar 19 2020, 11:10 AM)
ya good idea too. i believe can buy share online now too right? any good site to recommend? i think can buy some of the bank shares
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yes can buy online since years ago. i dont really trade anymore, but most local banks have a broker. there are a lot of international brokers like etoro and rakuten, but I choose not to use them.
beLIEve
post Mar 19 2020, 11:17 AM

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QUOTE(lowyat101 @ Mar 19 2020, 11:15 AM)
thanks, will explore more on that

but i think ASM is still better than FD right? it's basically for my 6 months emergency fund
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welcome

it's better than FD for as long as its dividend is higher than FD
beLIEve
post Mar 19 2020, 12:27 PM

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QUOTE(gondarz @ Mar 19 2020, 11:58 AM)
Should we cash out asb now or leave it?
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if you're worried of a cash crunch (ASN no money to pay you when you withdraw), then cash out.
beLIEve
post Mar 19 2020, 03:13 PM

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QUOTE(CP88 @ Mar 19 2020, 02:15 PM)
Thought with the bears coming out, shouldn't be an opportunity to buy?  biggrin.gif
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All the fun managers a zillion times more experienced than me also cannot gauge the market. Some even lobby the authority to shutdown the stock exchange temporarily (wish I can do that before the market rises or after the market crashes, so I can buy/sell to my advantage). I stay put first.

This post has been edited by beLIEve: Mar 19 2020, 03:18 PM
beLIEve
post Mar 19 2020, 03:15 PM

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QUOTE(feeho @ Mar 19 2020, 03:11 PM)
today i just sell asm2 and 3 on 10.10am, so how many of you get the units today?
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many reported getting big ASM2 today. Maybe coincided with your sale, so no one knows if it's from you or ASN. I think ASN also take opportunity to raise capital buy low now.

well, unless you sold a few millions.
beLIEve
post Mar 20 2020, 01:56 PM

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QUOTE(brogress @ Mar 20 2020, 10:48 AM)
On a side note, I don't have my hopes too high that it will be 5-6% range, like recessions past, as their portfolio has been really battered. ASM 1's top 20 holdings from its prospectus:

Will be quite a miraculous to be at 4% even.
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Battering is fine as long as they make money from dividends, trading, and other source. The cost of investment is transparent to us. It will be a problem should it get converted to VP.

Besides, if share price don't swing big, how are traders going to make big bucks? perhaps this explains the past 2 high dividends on a market crash?
beLIEve
post Mar 21 2020, 05:20 PM

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QUOTE(starry-starry @ Mar 21 2020, 03:03 PM)
Serius? I just start dumping money in FP!!!
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You can still sell before that day comes

QUOTE(popice2u @ Mar 21 2020, 03:29 PM)
rm100 also cannot get :confused:
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He meant recently, not at that very moment.

QUOTE(Dd2318 @ Mar 21 2020, 04:33 PM)
Bro,
Don't frighten me lah with next 20 months to come, big issue. What I want to know if asm1 dividend > 4.5%.
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You shall know next week.
beLIEve
post Mar 21 2020, 05:36 PM

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QUOTE(starry-starry @ Mar 21 2020, 05:25 PM)
Will they announce in advance? I thought it would stay fixed forever, that's why I spend.so much time buying all the units. Hopefully not too soon since I've only invested for few months while sacrificing FD interest.

Haven't been trying lately cuz out of money, some FD will mature soon and now not sure what to do with the FD.. And I just read that ASN stops business in sometimes next week except some transactions right?
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Can still buy online. Don't know how difficult after lock down. If less people sell and no sale from ASN, then harder loh

Sure will announce in advance la. So generous if you to sacrifice FD interest.

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