To purchase 5000 units of ASM 2 - Wawasan from ikanbilis, did you pay a total of RM 5065 to ikanbilis [RM 5050 (with 1% commission to ikanbilis) + RM 15 (transfer fee to ASNB)]?

Correct?

Thanks for your reply.

This post has been edited by kart: Nov 23 2019, 05:37 AM

Did anyone managed to top up ASM 1 today?

I did not get any unit today. But, I managed to get some tiny units of ASM 2 and ASM 3.

It appears as if ASM 1 is locked for the bundle with ASNB variable price products, but I am not sure at all.

popice2u

Common advice to all: Just keep on trying, as if your only task of the day is to keep topping up your ASNB units.

There is no shortcut, for common people like us.

Your experience may vary, but for me, it is easier to get ASM 3 units, than ASM 2 units.

Good luck to everyone!

This post has been edited by kart: Dec 31 2019, 12:21 PM

Thanks for the assurance on ASM 1, believe.

How many ASM 1 units did you get? 3 digits, or 4 digits?

Yeah, I agree with you that ASM 1 is perceived to be most valuable among 3 ASNB fixed products for non-bumis, thus it is most difficult to get ASM 1 units.

beLIEve

I am not a economist, so this is just a hypothetical scenario.

If somehow KLCI significantly improve during July to August 2020 (as compared to February 2020), then it is highly probable that the dividend for ASM 2 and ASM 3 will be higher than of ASM 1.

So, it is not confirmed that the dividend for ASM 1 will be highest among 3 ASNB fixed products for non-bumis. It is more of which ASNB FP with better financial year.

This post has been edited by kart: Dec 31 2019, 12:51 PM

Faiz, I totally agree with you.

Having the ASNB calendar is a nice token of appreciation from ASNB.

However, what really matters is that ASNB should give us the highest distribution as possible for ASNB fixed price products, such as ASB 1, ASB 2, ASB 3, ASM 1, ASM 2 and ASM 3, which is commensurate with the actual performance of the ASNB fixed price products.

The "extra goodies" given by other fund houses may well be paid via deduction from the NAVs of the unit trusts, effectively reducing the rate of returns of the unit trusts. There is no free lunch in this world, as we all know.

We are definitely more concerned with the rate of returns of the unit trusts, rather than rather senseless "extra goodies" which do not aid us at all to be financially independent. As long as ASNB spends as little money as possible on "extra goodies" (in contrast to other fund houses), I am quite happy.

This post has been edited by kart: Jan 1 2020, 06:07 AM

Alright, it was ASM 3 mega sale this morning.

Sigh, ASNB does not offer any ASM mega sale at all.

^
believe

Yes, I agree with you that the best amount with highest success rate is mere RM 100.


Then again, when a person manages to get RM 100 in myASNB website, actually there may be a remaining available balance of about RM 1000 (an example) of ASNB FP, at that very millisecond.


By choosing to get just RM 100 for the highest success rate, the person misses out in getting RM 1000 which is available at that very millisecond. Sigh, this is a dilemma.


If only we can get to see the available units of ASNB FP all the time, that would be nice for us. Then again, ASNB will not allow it, because it imposes huge server load, on their system which is already overloaded.

This post has been edited by kart: Jan 25 2020, 04:04 AM

We all know that ASNB calculates dividend, based on the minimum balance of the month. Then again, when does ASNB calculates the minimum balance of the month? 12 am, or anytime of the day?


It is best for moosset to send an e-mail to ASNB that an incorrect withdrawal was made by a bank staff, and to request confirmation from ASNB that dividend calculation will not be affected by the incorrect withdrawal.

I did a quick search in this thread, and also the previous version of this thread, but could not find this timing method.

After the 8th try, how long should I wait before pressing for the 9th time, so that I can try for unlimited time?

Thank you for your explanation.

This post has been edited by kart: May 24 2020, 05:28 PM

This is an old news, but it may be useful for those who are unaware of it.



Yes, we can see our ASNB investment in Hong Leong Connect online banking website, similar to Maybank2u website.

Nevertheless, it is still much better to use MyASNB website to perform additional investment.

This post has been edited by kart: Aug 31 2020, 07:25 PM

Did anyone manage to get ASM 3 within the last hour or so?

My target for ASM 2 is achieved, so I want to aim for ASM 3.

For sure, the very determined script writers will just modify their script to auto select FPX and the bank.

The "new design" of ASNB website does not make any sense at all. Who would use different bank for each FPX payment, for additional investment in ASNB funds?


To top that, we need to select FPX as the payment method, whereby there is only one payment method, before attempting to top-up. The situation whereby ASNB website allows other payment methods, such as credit card, debit card or eWallets, does not exist at all.


The reason to resort to such illogical design of ASNB website is just to deter the script kiddies. However, it is a matter of time, when the script kiddies will have the updated script to auto select FPX and the bank.


Eventually, the "new design" of ASNB website will penalize the ASNB investors who genuinely and manually click, to perform top-up.


Why can't ASNB ban the ASNB investors who use the script? When the script is used, the administrators of ASNB website will know, because it is impossible to perform all of the clicks around one second or so without using the script.

This post has been edited by kart: Apr 20 2021, 02:14 PM

Yes, I get your point. Many of us do have savings account in various banks, so we can switch from one bank to another, in the event of FPX system down in one of the banks.

Scenario A

Attempt 1: Try to top-up RM 100. Select Bank A. Failed, due to no unit.

Attempt 2: Try to top-up RM 100. Select Bank A. Failed, due to no unit.

.

.

.

Attempt 9: Try to top-up RM 100. Select Bank A. Succeed to capture 100 units, but FPX system in Bank A is down, and the units are lost.

Attempt 10: Try to top-up RM 100. Select Bank B. Succeed to capture 100 units, and pay RM 100 via FPX from Bank B.

I understand that this Scenario A is quite common when FPX may not work for some banks, but we do not usually choose Scenario B.


____________

Scenario B (assuming that FPX system in all banks is ok.)

Attempt 1: Try to top-up RM 100. Select Bank A. Failed, due to no unit.

Attempt 2: Try to top-up RM 100. Select Bank B. Failed, due to no unit.

Attempt 3: Try to top-up RM 100. Select Bank C. Failed, due to no unit.

.

.

.

Attempt 9: Try to top-up RM 100. Select Bank I. Failed, due to no unit.

Attempt 10: Try to top-up RM 100. Select Bank J. Succeed to capture 100 units, and pay RM 100 via FPX from Bank J.


The "new design" of ASNB website seems to imply that we will change the bank for FPX payment, for each attempt of topping up ASNB fund.

This post has been edited by kart: Apr 20 2021, 05:55 PM

coolguy_0925

I agree with you. I am sure that many of us do not mind happily selecting the bank for FPX, after we secure the units. It is akin to striking the lottery.

However, forcing us to select the bank before securing ASNB units is tedious, since we may not get the units in many attempts.

Is RM 0.01 transferred by ASNB for bank account verification considered as our own money? And, can we can do whatever we want with it, without returning RM 0.01 back to ASNB?

I believe that many long-time ASNB unitholders would have already been aware of the potential impact of Prosperity Tax from Budget 2022, over ASNB dividends.


Sigh, it is possible that we are indirectly "paying" for Prosperity Tax, through possible reduction in ASNB dividends. We just have to brace for "impact".


The following article is from The Star.

https://www.thestar.com.my/business/busines...-are-inevitable




This post has been edited by kart: Nov 7 2021, 08:13 AM

The following error occurs, when we try to download statements from MyASNB website.



It has been the third postponement thus far.


If I am not mistaken, I had no issue downloading statements from MyASNB website around 1 to 2 January 2022 (one year ago).


I understand that ASNB is trying to cater for the bulk of transactions for ASB, that tend to occur on the first few days of the year. However, it should not be that bad, to the extent that the MyASNB website is deprived of the resources to generate the statements.


Sigh, I just have to wait for a few more days, to download the statements for my record-keeping purposes.

This post has been edited by kart: Jan 6 2023, 08:09 AM

Hi, guy3288.

Did you manage to keep a copy of the receipt (the one shown in your photo), for yourself?

Thank you for your information.

This post has been edited by kart: Jan 11 2023, 07:49 PM

I wanted to keep the receipt for my own record.


When I performed ASM withdrawal in Maybank, Maybank refused to give me a copy of the receipt.


'Normal Redemption' is stated in ASM statement, which is downloaded in myASNB website.


'Cash Deposit' is stated in Maybank savings account statement.


So, if I do not have the receipt, I have no official document to show the linkage between the ASM withdrawal and the fund credited to Maybank savings account.