Coupon rate 6.6-6.7%!
paid 6 monthly
Subordinated Perpetual Sukuk
Min 250k rating A-
coming next month
limited stock
Price 102

When tesla masuk, drb kasih perpetual bond..
Hmm..

I am surprised you get the Rating. Which bank selling and sales charge 2%? But this one you cannot control callback and I am not sure if can sell in secondary market.

Good rate.

I'm looking through fundsupermart but other bonds. N can't find whether it's interest is paid or default. Or issit onli available for those bought it onli?

It says coming next month but already not IPO price… 102, someone’s taking a profit even before it hits the market.

Money losing company yet suckers still buy and wait for bailout from the govt 🤦‍♀️

New launch, the bankers making 2% 150million
untung 3 million just like that.

last bond also same price 102, i booked pun tak dapat,
must be the coupon rate too good lah.

bruh dont scare me, i already booked 3 lots
Last round i dint get, sold out so fast.

Want to be suckers you think easy?.

you sure or not losing money?
consistent dividend track record ,
paid every year last 10 years
Debt to equity ratio 0.88
have $3 billion worth landbank

you ada proof kah?
jangan simply tembak lah

Go check out last bailout on Proton 🤦‍♀️ of course they will consistent payout because the money is from govt bailout funds 🤦‍♀️

Landbank is worth nothing when they don’t have solid consistent FCF with the shares already dropped 8% this year 🤦‍♀️ with low EPS of 0.1 and high revenue but low profit business

This post has been edited by xander2k8: Jul 27 2023, 06:37 PM

This has to do with incentive for the RMs/banks to offer to their clients. The fee cannot be too high (obviously, cos investors will not buy anymore) but it cannot be too low: RMs won't even bother to sell or show their customer base. UT and other products are providing 1 to 2% upfront fee to the bank, and some of them even provide trailers to the banks.

You should look at the YTC of the sukuk to see if it is still attractive.
edit: ie, in case not aware, you should also factor in the 2 dollar depreciation when called.

This post has been edited by Wedchar2912: Jul 27 2023, 08:54 PM

In Singapore, at least with the banks that I deal with, sometimes, there's a rebate that they offer - usually 0.25 or 0.5 pips or whatever they call it, so I actually buy the bond(s) at the IPO price. This is especially so if the bank involved is one of the book runners.

Different environment and different segment as well, I guess.

Private banking channel usually get rebates for IPOs, up to 50 cents. So called to incentive the channel to sell to their clients. FI buyers don't get them usually.

For retail segment, I heard that some banks cheat a bit and the retail side put in their orders together with the private banking side to take the 50 cents. And at the same time, retail side will add the 2 bucks extra fee...

yum yum...

Fair enough point. As a bonus, I also got 2 Cat 1 tickets for the Liverpool vs Leicester City match this coming Sunday from the said private bank haha. Can’t complain.

Risk is every where la bro..
takut tak payah keluar rumah lah..

True if nobody wants to buy the bankers would have to keep and take the risk of that bonds (and get its dividends) ie ciak kar ki lo..

YTC around 6.2% still good for me.

This bond too laku la..
Stocks limited also only RM150 million
RM102 i dont want, others would buy
they tak heran lo..



Wah true or not bro, good investment grade bond also so cheap ah?
got discount some more!

i told my RM she macam surprised and couldnt believe it, she said may be no buyers kut... ask me which bond got details , bond ID, primary or secondary market, in foreign currency, etc

She said her bank doesnt simply sell any bond,
only sell the good ones, price always at premium ie above 100.

I also surprised actually, standard fee around 1 -1.5%, lowest i got i think was 0.6
This one is abit high lah but what to do ? too laku
if cant sell then sure must sell cheaper she said.

aiya she untung i untung cukup la..
anyway you guys are much luckier over there.

Check your PM

This post has been edited by hksgmy: Jul 28 2023, 12:21 AM

Wah true leh...

Singapore bank bond is indeed sold at PAR
100 only, no extra cost!!

You guys are so lucky... for that 800 million if in Malaysia
we kena pay extra 8 to 12 million!

but to be sure we need few more examples
just for confirmation if you dont mind...


Attached thumbnail(s)

It's OK. I shared with you just to highlight what I bought to demonstrate what I said had substance, and you've confirmed that - I'm really not comfortable revealing my portfolio choices in its entirety. Thank you for understanding.

What do you mean losing, since sales is soaring and Elon hire advisors to suppress service cost : https://forum.lowyat.net/topic/5396431

Nothing to do with Tesla 🤦‍♀️ but DRB so read properly

aiyo bro tak payah takut lah
whole amount pun let people see already
takkan scared people copy invest...