That's I heard too..
Many target is 5sen 💪
They says ASB have "strong financial"...
Long history.... Bla bla bla... (If I say details... Then it's become off topic & racing too 😬)

I have a question. myASNB has new interface now.

Remember program ADAM50? the program that puts in RM200 into Bijak/DIdik account in ASB or ASM. Are these ADAM50 account has a special allocation from normal ASB (for adult)? Reason was I noticed when logged into myASNB, I can see these sections "Beli Dana Baru" and the "+" sign.

If I chose Beli Dana Baru, it will failed because it's fully allocated. When I used the "+" sign, I can purchase more units.

These 2 icons are different? It seems like "Beli Dana Baru" is for normal ASB allocation while the "+" is for Bijak/Didik? So it means Bijak/Didik still has allocation?

If I understand correctly, if baby is Bumi the ASB you can top up till 200k. If baby is non Bumi the AS1M you can top up till 50k.

https://www.hmetro.com.my/amp/mutakhir/2017...-galak-menabung

Ah.. got it. Thanks for the explanation.

They invest in sapura only using asn fund or both asn and asb?

Also anyone know what date they will announce the interest for 2022?

I am non-bumi, so I only know about ASM, ASM2 and ASM3. However, another VP fund I own, ASN Sara 1 does not have stakes in Sapura, based on their most recent interim report.

As for dividend announcement, look for the date of "Financial Year End" here: https://www.asnb.com.my/asnbv2_2funds_EN.php#hargatetap

The next day after the end of financial year is the day when dividends will be credited into your account.



This post has been edited by TOS: Dec 20 2021, 02:07 PM

https://www.theedgemarkets.com/article/alte...expensive-folly

https://www.theedgemarkets.com/article/will...e-sapura-energy

Meanwhile, PNB/ASNB and EPF will not be affected by FSIE implementation.

https://www.theedgemarkets.com/article/fore...fsie-withdrawal

This post has been edited by TOS: Dec 20 2021, 09:20 PM

We will get a good indication of how, if at all, PNB products will be affected when ASB declares its dividend in the next few days. I know that it is not yet the relevant financial year but PNB may have been planning to hold back some dividend this year if next years dividend was expected to be impacted by tax. Now that is known not to be the case we can hopefully look forward to some reasonably good news in a few days.

In a week's time, my friend, we will know

Hopefully a near 5% or 5% would be very a good news for us

Honestly, food price has increased like out of control now

A lot of hawkers already saying they are going to increase again come January

Should i apply asbf now or wait the dividend announce?
Ambank 3.45% asb

if you are not in a hurry,...
i would suggest you wait....
for you may not like the announced dividend rate..

btw,...is there any reason to wait? will the price become cheaper after the dividend announcement?
i am more concern about the rise in interest rate if i wait

I was told that the announcement may be made today or tomorrow. Has anyone heard the same?

This post has been edited by MattSally: Dec 22 2021, 12:00 PM

Getting tough to buy units ASM nowadays.
Who manage to buy ?

Do you mean the interest rate of a loan to buy ASB? If interest rates rise then the ASB dividend should rise too. So I guess it comes down to the individual's appetite to risk. I am in a real dilemma and I am hoping that the dividend announcement will help to push me one way or the other.

i am not sure how correlated they are or the correlation of quantum of rise
but the anxiety will be felt if
example....
Dec 2021 loan rate is 3.45%
Jan ASB announced dividend rate for 2021 is 3.5% (down 0.75 compared to last year)
Jan BNM rises interest rate by 0.25%, thus as expected ASB loan rate will rise by 0.25 too to 3.7%
May BNM rises interest rate by 0.25% again...loan rate will be 3.95%

.....will have to wait till Jan 2023 to know how much the dividend will be

btw,....on that "I am in a real dilemma and I am hoping that the dividend announcement will help to push me one way or the other."
not sure how much you have in there,...just do a calculation of a 0.5% or 1% variance in monetary value (amount in RM) dividend you will get....
they maybe you can clear the dilemma, for you can see what $$ value will push you one way or the other way

This post has been edited by MUM: Dec 22 2021, 12:17 PM

Ya.. scare the rate will drop

I do see what you are saying. I am no expert but I know a couple of people who are better versed than I in these matters and they are adamant that, whilst basic fund performance is obviously a factor, the powers at be will always do what is necessary to ensure that there is a significantly better return on ASB and ASM Fixed Priced products than the 12 month Maybank FD rate - which at the moment is very low of course. I cannot, therefore, see ASB dropping below 4.25% or ASM dropping below 4% and I think that each fund will do better than it did last year.

I have no more than a gut feeling to go on but I am hoping that the need for some good news will influence those that decide the dividend and that it is at least 5%. We may see in the next day or so.

This post has been edited by MattSally: Dec 22 2021, 12:25 PM

if you meant the loan rate will drops,....check the FD thread,...see how is the trend of the rate now...
if you mean the dividend rate will drop,......just hope not,.....but who knows,...maybe they need to behind the door, top up or replenish the books due to over paying of dividend of the pasts? if it can happens to TH,...it can also possible to happens to others too

This post has been edited by MUM: Dec 22 2021, 12:42 PM

ASB dividend announcement expected tomorrow morning at 9-45. It will probably be leaked somewhere tonight.

https://harianpost.my/dividen-asb-2021/

Please be at least 5%.....