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

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beLIEve
post Jan 4 2021, 06:00 PM

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QUOTE(TheEquatorian @ Jan 4 2021, 03:42 PM)
Is this Top Glove related? Just a position for the future.
Equity, bonds are up in general whereas commercial property is down. 5% is definitely doable with their reporting thus far - let’s see how Q4 ends (USD has also dropped significantly)
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yes this is topglove. took a glance at hartalega also they got burned. nahhh won't be 5%. it'll be below 4.25% + $225.
beLIEve
post Jan 4 2021, 06:01 PM

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QUOTE(8383here @ Jan 4 2021, 05:46 PM)
May i know how to transfer the own units of ASM to the other?
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there is a light blue form that you can get at the bank or post office for transfer/switching
beLIEve
post Jan 4 2021, 07:16 PM

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QUOTE(TheEquatorian @ Jan 4 2021, 06:24 PM)
Btw, has anyone understood how ASB manages to pay out higher dividend than the various ASMx? I assume the this difference will get smaller with time since they are exploring foreign equities and bumiputra ownership does not exist outside of Malaysia.
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Last i saw, ASB 1 was actively trading on KLSE.

Don't know about the difference. My guess is, it'll be bigger if they don't get burned trading/investing overseas. Think this way. As long as no new offerings for ASM123, they only have money from the dividends to invest abroad. For ASB1, there is virtually no limit for new deposits. They can take the new investments and go abroad.
beLIEve
post Jan 4 2021, 11:25 PM

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QUOTE(nexona88 @ Jan 4 2021, 11:15 PM)
My biggest question is..
IF ASMx open up.. would there be demand??? I mean like sold out like within minutes (like the good old days, until system crash at branch 😅)

BNM & SC would give approvals???
What I know.. they not keen for any additional units for sales? Only for divided reinvestment purposes... That also for certain period only... Matter of time before goes like previously.. give cheque, post to house address (now just credit into CASA) since it's electronic payments world 👌👍
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there should be demand since FD is so low now.

this is not the good old days. everyone has 1 opportunity to buy and get locked for 15 mins. i'd be surprised if PNB cannot get approval.
beLIEve
post Jan 5 2021, 10:59 AM

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QUOTE(Cubalagi @ Jan 5 2021, 08:22 AM)
Please compare that purchase value with overall EPF asset size.

Also do you know EPF average price for Topglove? Share if you know. I don't.

But I know they became substantial shareholder in 2016 when Topglove was way cheaper than now.
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i just know EPF sold off everything before the recent run up and started trading after the peak.

ok, then i guess we can expect 5-7% dividend since overseas markets are performing extremely well.

QUOTE(nexona88 @ Jan 5 2021, 10:14 AM)
Hmm.. true also.. FD is damn low now... Even lower than inflation rate......

Well that what I heard..
That's why PNB only have 1 latest VP products.. which also invest overseas... Because I heard... Those authority also don't want PNB to be too heavy into Bursa Malaysia....
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inflation is very very low now mah. economic growth negative, how to inflate? tongue.gif

KLSE nothing much to grow. 50-60% the past 25 years. if we increase the population by 10x for economic purposes then maybe can grow la.


beLIEve
post Jan 5 2021, 11:32 PM

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QUOTE(nexona88 @ Jan 5 2021, 09:53 PM)
Inflation low ahh?? Don't feel like it... Price keep up up increase only....
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essentials up but non essentials like ASN dividend down tongue.gif
beLIEve
post Feb 27 2021, 11:59 PM

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QUOTE(Azury36 @ Feb 27 2021, 06:28 PM)
And also many withdraw so large profit is able to share with remaining accounts
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it's pro-rated up to the previous day before you withdraw.
beLIEve
post Mar 27 2021, 12:57 AM

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QUOTE(MGM @ Mar 25 2021, 10:56 AM)
I have n will continue to switch ASM3 to epf, limited by 60k/year. Dont have the guts to go for international equities.
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welcome to the club. Maxing out EPF before ASN was the only right decision I made in recent years.
beLIEve
post Mar 30 2021, 07:22 PM

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QUOTE(Mattrock @ Mar 30 2021, 01:33 PM)
If you look at KLCI just before the 2008 crash, until now, it has gone up a measly 200 points, or approximately 14%, whereas the S&P 500 and DJIA have more than doubled. So I wonder how these funds make money to pay dividends over the years.....
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I look at KLCI just before the 1997 crash. Assume it was 1000, it's up 60%. Down Jones up 900%.

The funds trade in the market. they don't just wait for dividends.

QUOTE(dlttdltt @ Mar 29 2021, 08:35 PM)
Looks like now can move some asm into epf already. 1% makes a lot of difference in the long term.

Planning to just withdraw the yearly asm div and dump into epf first.
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the only right decision i made in the past 2 years. dump into EPF before ASN

This post has been edited by beLIEve: Mar 30 2021, 07:26 PM
beLIEve
post May 27 2021, 01:10 AM

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QUOTE(farizmalek @ May 7 2021, 08:50 AM)
Baru tahu.

ASNB Premier Service. Memang ada. Cuma ramai tak tahu. Minimum kena ada 1 juta dalam ASNB combined amount dalam akaun-akaun ASNB.

Kalau di ASNB HQ ada parking khas dan akan dibawa ke lounge special. Segala transaksi akan dilakukan di dalam lounge tersebut.
Kalau dekat branch ASNB, pergi sana tak perlu beratur ambil nombor.

Paling best ialah kalau nak keluar duit boleh call ASNB untuk datang rumah dan isi semua borang. Lepas tu ASNB akan transfer duit dari akaun ASNB ke akaun bank. Untuk first time, kena pergi ke ASNB HQ atau mana-mana branches untuk register akaun bank mana nak didaftarkan untuk duit masuk dari ASNB.

Ada dedicated mobile number PIC untuk kita contact.
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QUOTE(Afterburner1.0 @ May 7 2021, 10:33 AM)
u mentioned combined amount dlm akaun akaun ASNB, thats no problem for bumiputra, how about non bumis? Yg ada RM1 mil nak masuk dlm ASM shj mcm mane?
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just opened my ASN letter after leaving it to rot for 3 weeks. it's ASN Premier League and I can confirm i'm far from 1 juta (below of course) combined and nonbumi. Maybe need to maintain some minimum threshold amount for 2 years.

This post has been edited by beLIEve: May 27 2021, 01:10 AM
beLIEve
post May 27 2021, 07:55 PM

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QUOTE(nexona88 @ May 27 2021, 06:05 PM)
and me didn't get any shit letter...
so I'm must be even super "poor" in the eye of ASNB  blush.gif
long time "investor" here... over 10year++++, and confirm balance more now that 10years ago  rclxm9.gif
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either that or you have too much money inside that they are not worried you will go away anytime soon.
beLIEve
post May 27 2021, 09:52 PM

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QUOTE(nexona88 @ May 27 2021, 08:43 PM)
My yearly calander also No show this year @ MIA 😠😡🤬
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last year KLSE no good, so no calendar
beLIEve
post May 28 2021, 01:16 PM

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QUOTE(CoronaV @ May 28 2021, 11:49 AM)
Is it 800k can get this special premier service?
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dont have 800k also woh. i dont know the threshold
beLIEve
post May 21 2022, 03:50 PM

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QUOTE(MattSally @ May 21 2022, 03:23 PM)
I think many people will make a decision to sell or keep based on the dividends on ASM2/3 due at the end of Aug/Sep. I can see another OPR rise (probably 0.25%) in July or September so anything less than 4.5% dividend at the end of Aug/Sep would have to be viewed as a backward step.
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they did not bring the dividend down from 4% when OPR went down, therefore there is no reason to increase until FD goes above whatever it was before covid.
beLIEve
post May 21 2022, 10:37 PM

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QUOTE(MattSally @ May 21 2022, 08:17 PM)
Not quite. I know what you are saying and you do have a point but I think OPR will rise again fairly soon (and will be known to be rising further again after that) so I think that dividends will have to rise in line with OPR until we have OPR around 3% and dividends around 5.5%.
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I presume you are referring to ASB. No way for ASM123 returning 5.5% unless OPR/FD rockets up.
beLIEve
post Jul 7 2025, 01:33 PM

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$1.18b to invest in $TRUMP to reduce the trade deficit?

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