I think a modest rise in Bank rate is not far away at all. This will be good news for net savers but not so good for net borrowers.

Guys wta can you now organised your ASB will online?
Like last time my father did it my go to asb branch then get commissioner of oaths to sign the forms.

If not mistaken it was rm200.

You can pre-register online, just login to your myASNB account, but you still need to go and manually sign some forms at their office/agents.

This ? https://www.asnb.com.my/privilege.php  But how to even know if ur a privilege customer. Anyone can make a appointment on this website to avoid the queue. There is no recognition card to show to the guards outside ?

Transfer units from one ASNB account to another ASNB account

Online withdrawal increased to 2k now

Ur English really england, you use Google translate 😁😅
This got secret trade app to get .

His confidence level is indeed impressive.
I think lousy google translate would still make it easier for people to understand.

People have always had debts. The Base Rate (which has been around 3% until 2 years ago) will be set to control inflation and stimulate (or rein in) spending. Is it still possible to borrow money at a lower interest rate than you can get from investing it? IE, actually make a profit from borrowing money?

Overseas diversification and politics just might push the dividends a little higher than you are suggesting. That is my hope.

there will always be people who will say 'as long as better than fd'

This i agree

Despite so many replies here showing FRUSTRATION and also SKEPTICISM (over report la, fake NAV and so on), but u guys still HOLD ASM1

       
anyhow, been trying to round off my ASM balance, but not able to.

even using the timing methods suggested by nexona, LOL

Is there any minimum balance required to be kept inside for our ASM account to stay active?

Dunno which higher roller offloaded their ASM2 just now. Fished 2k and click again got another 2k.

There is a very narrow path for BNM to tread to try to avoid the dreaded 'stagflation.' They really have to raise OPR to avoid rampant (as in out of control) inflation but they can't do it too aggressively or it will hinder economic recovery. I am no expert but I do know one or two people that I would consider to be very well informed and they are all of a similar opinion. BNM will raise OPR by around 0.25% every 3 months until OPR is around 3%. That process may start 11th May or at the meeting after that 6th July and will continue into 2023. If OPR stabilises at just over 3% we can expect around 6% on ASM and we will just have to hope that inflation is brought under control to make the 'returns' actually worth something in real terms.

And confirmed that UK raised its base rate today. Only by 0.25% but with more rises to come. Rates are now higher in UK than they have been since 2009 and higher in USA than they have been in 22 years. If Malaysia doesn't follow suit then there is the added problem of currency devaluation which makes imports even more expensive and further fuels inflation.

Don't be in a hurry to sell ASM2 or ASM3 would be my advice. It may take until 2023 for the dividend benefits to show but I think the funds are definitely worth holding on to for now. That may change of course but, for now, we choose to remain heavily invested in ASM2 and ASM3.

No 'fish' at all for past few weeks !!!! Not even RM 100

Thanks for the updates. Been waiting for this:



The drawdown is 7 times more than last financial year. Note the "pendapatan dari PNB" line. About 107 million MYR of distributions came from the proprietary PNB fund. Last year none exists.

As always, all ASNB ASM 1 unit holders can email them to ask for the full list of portfolio. Gonna see what foreign counters they are holding last year.