I mainly monitor the Ringgit v sterling.

Six weeks ago the rate to sterling was 5.13. Now it is 5.43

This post has been edited by MattSally: Mar 24 2023, 08:47 AM

Pound is coming from a very low bottom.

The pressure on ASMx is getting stronger by the month...

The fund manager better do something if they want to retain the $$$.... Already can be seen in SSPN... The rate is lower & no tax benefits... Double trouble 😅

ASMx matter of time before the situation get worse...

I think PNB will have to subsidise the dividends if necessary to at least match what is available on the FD markets. In practice that means the ASMx dividends have to be over 4%. Possible but not easy.

Definitely parent PNB need to pump some undertable $$$....
If not, cannot sustain the dividend...

Accumulated reserve $$$ cannot cover the dividend...

Khazanah's annual profit from operations rises to RM1.6b, declares RM500m dividend for 2022

Looks like good news to me leh. Match 21st 2023 article.

4% can la. Don't like that la...

????????

Got relationship with ASMx funds??

One more week to know... 4% or GG

High possibilities of 3%++ for ASM & 4%++ for ASB 2 (including bonus)

Let's see...

If they can beat my expectations or not 😊

This post has been edited by nexona88: Mar 24 2023, 11:49 AM

Good, then come next working day mass withdrawal to promo FD

YAHOO!

Don't forget about EPF too 😁

Some savvy type would cross over that tiny island state for new investment opportunity 😁

Just hope ASNB system don't crashed or suddenly being offline 😃😊😜

This post has been edited by nexona88: Mar 24 2023, 11:59 AM

Yea my magic ball say 3% for asm.
Asb must higher from asm + bonus tier scheme

Last year ASB2 declared 4.3% and ASM1 4.0%. This year, the benchmark figure is considerably higher. My gut feeling is that PNB will get involved to stabilise returns at or slightly higher than tlast year's figures.

don't need higher...

can give the same rate as last year already good enough...


my respect to those involved esp the funds managers for the "hard works" done

Really? So if 4.2% the extra 0.2% please bank in to me ya. You only need 4%. I need more. Ok? Booking dulu. I want everything past 4% of yours ok? Lol.. one more week we will know (or earlier). I booking your extra % liao oh..

huhuhuhuh....

cannot like this....

extra is kinda bonus for everyone holding ASMx funds

probably Thursday announcement.... Morning session.....
because noon onward.... well... everyone knows

It doesn't work that way.

Deleted

This post has been edited by MNF0: Mar 24 2023, 05:09 PM

Aiyo.. he say don't need higher. I need higher so we compromise lo. We get say 4.2%.. since he "don't need" higher he gives me anything more than 4% ma.. i need ma.. get it?

It's like saying we wanna sell this item A that we both have one each. I want sell 5k he say he don't need 5k. He only need 3k. So simple la. We both sell 5k each and since he only want 3k he gives me the extra 2k lo. Both happy... Get it? 😂 Don't disturb market price ma. 😂

This post has been edited by Wolves: Mar 24 2023, 06:59 PM

bitcoins USD 16k and now USD 27k... just joking.

back to the topic. ASM really looks saddening. if really bad, I am going to take all out and put under dividend stocks.