Author Topic: ASNB declares 6.6 sen dividend for ASM  (Read 9895 times)

Offline Ļaughing Ģor

  • Global Moderator
  • Marquess
  • *****
  • Posts: 17,754
    • Investlah - Malaysia's Biggest Investment Forum
ASNB declares 6.6 sen dividend for ASM
« on: March 20, 2014, 03:43:27 PM »
KUALA LUMPUR: Amanah Saham Nasional Bhd (ASNB), a wholly owned subsidiary of Permodalan Nasional Bhd (PNB), today announced a 6.60 sen dividend for a unit of Amanah Saham Malaysia (ASM) for the financial year ending March 31, 2014.
 
The 6.6 sen income distribution is higher than the 6.5 sen normal dividend and 0.3 sen special dividend per unit paid last year, PNB Chairman Tun Ahmad Sarji Abdul Hamid said.
 
He said the income distribution entails RM947.10mil in total payout, up from RM913.85mil last year.
 
The payment will benefit 530,000 unitholders, who currently hold 14.34 billion ASM units, he told a press conference Bernama
 
Can someone to give me a Loan and then leave me Alone?

Offline AlexisLee

  • Knight
  • **
  • Posts: 118
Re: ASNB declares 6.6 sen dividend for ASM
« Reply #1 on: March 20, 2014, 03:45:47 PM »
 :thumbsup: :thumbsup: :thumbsup: shake legs do nothing, relax get 6.6%

Offline OmG

  • Viscount
  • ******
  • Posts: 5,242
  • DoN't kiLl tHe GoOsE that laYs GolDen eGg
Re: ASNB declares 6.6 sen dividend for ASM
« Reply #2 on: March 20, 2014, 03:55:05 PM »
:thumbsup: :thumbsup: :thumbsup: shake legs do nothing, relax get 6.6%

 :D :D :D Prof Dr Kim should listen to this... listen... listen... listen...  :thumbsup: :thumbsup: :thumbsup: :thumbsup: :thumbsup: :thumbsup: :thumbsup:
Rule of Thumb of maximizing WeAlTh... the MORE you GIVE the MORE you GET...

Online DR KIM

  • Prince
  • **********
  • Posts: 42,776
Re: ASNB declares 6.6 sen dividend for ASM
« Reply #3 on: March 20, 2014, 03:58:39 PM »
:D :D :D Prof Dr Kim should listen to this... listen... listen... listen...  :thumbsup: :thumbsup: :thumbsup: :thumbsup: :thumbsup: :thumbsup: :thumbsup:

chicken feed  ;) ;).........SHAME   ! :giggle: :giggle: :giggle:

Offline Ļaughing Ģor

  • Global Moderator
  • Marquess
  • *****
  • Posts: 17,754
    • Investlah - Malaysia's Biggest Investment Forum
Re: ASNB declares 6.6 sen dividend for ASM
« Reply #4 on: March 20, 2014, 03:59:16 PM »
chicken feed  ;) ;).........SHAME   ! :giggle: :giggle: :giggle:

I was waiting for you to jump out and say this. I expect you use the word "peanut".
Can someone to give me a Loan and then leave me Alone?

Online DR KIM

  • Prince
  • **********
  • Posts: 42,776
Re: ASNB declares 6.6 sen dividend for ASM >> CHICKEN FEED !!,,,,shame..
« Reply #5 on: March 20, 2014, 03:59:25 PM »
peanut @chickenfeed  >> shame   ;) :D :D :D...

Offline Contender

  • Knight
  • **
  • Posts: 330
Re: ASNB declares 6.6 sen dividend for ASM
« Reply #6 on: March 20, 2014, 03:59:37 PM »
:thumbsup: :thumbsup: :thumbsup: shake legs do nothing, relax get 6.6%

That's why you get only 6.6% p.a. for ASM and EPF also about the same 6.35% p.a...... risk & reward

You want higher return ..........where else must our beloved stock market where 30% when limit up or warrants 300% return, moral of story higher return will have higher risk

Online DR KIM

  • Prince
  • **********
  • Posts: 42,776
Re: ASNB declares 6.6 sen dividend for ASM
« Reply #7 on: March 20, 2014, 04:00:59 PM »
I was waiting for you to jump out and say this. I expect you use the word "peanut".

sori....just  kidding , MR LG  :handshake:

Offline Ļaughing Ģor

  • Global Moderator
  • Marquess
  • *****
  • Posts: 17,754
    • Investlah - Malaysia's Biggest Investment Forum
Re: ASNB declares 6.6 sen dividend for ASM
« Reply #8 on: March 20, 2014, 04:04:23 PM »
sori....just  kidding , MR LG  :handshake:

Nothing to sorry, you are entitle to your opinion :D
Compare to stock, 6% really nothing to boast ........
Can someone to give me a Loan and then leave me Alone?

Offline AlexisLee

  • Knight
  • **
  • Posts: 118
Re: ASNB declares 6.6 sen dividend for ASM
« Reply #9 on: March 20, 2014, 04:36:16 PM »
Assuming you put RM2M into ASM, dividend/year is RM132k. You get to spend RM10K+ per month until the day you die with your capital still intact. Or you get to spend RM5k++ per month include inflation until the day you die and your capital still appreciating. Still peanuts? :clap: :clap: :clap:

Offline KLSE LOSSER

  • Baronet
  • ****
  • Posts: 2,006
  • Wat to do tis year.
Re: ASNB declares 6.6 sen dividend for ASM
« Reply #10 on: March 20, 2014, 04:38:30 PM »
Assuming you put RM2M into ASM, dividend/year is RM132k. You get to spend RM10K+ per month until the day you die with your capital still intact. Or you get to spend RM5k++ per month include inflation until the day you die and your capital still appreciating. Still peanuts? :clap: :clap: :clap:
Come on la... mana boleh invest 2m in pnb?

Offline AlexisLee

  • Knight
  • **
  • Posts: 118
Re: ASNB declares 6.6 sen dividend for ASM
« Reply #11 on: March 20, 2014, 04:39:22 PM »
Assuming you put RM2M into ASM, dividend/year is RM132k. You get to spend RM10K+ per month until the day you die with your capital still intact. Or you get to spend RM5k++ per month include inflation until the day you die and your capital still appreciating. Still peanuts? :clap: :clap: :clap:

This 6.6% also easily beat the official inflation rate. All these by just shaking legs, doing nothing. This one really money work for you everyday :clap: :clap: :clap:

Online iiinvestsmart

  • Marquess
  • ********
  • Posts: 18,093
Re: ASNB declares 6.6 sen dividend for ASM
« Reply #12 on: March 20, 2014, 04:40:17 PM »
How would you like to invest your money in Company XXY?

DY 5.1%
Strong fundamentals.
Growing EPS and growing DPS. :thumbsup:
Its better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline AlexisLee

  • Knight
  • **
  • Posts: 118
Re: ASNB declares 6.6 sen dividend for ASM
« Reply #13 on: March 20, 2014, 04:40:36 PM »
Come on la... mana boleh invest 2m in pnb?

Why not? Scared Government bankrupt? :D

Offline AlexisLee

  • Knight
  • **
  • Posts: 118
Re: ASNB declares 6.6 sen dividend for ASM
« Reply #14 on: March 20, 2014, 04:41:23 PM »
How would you like to invest your money in Company XXY?

DY 5.1%
Strong fundamentals.
Growing EPS and growing DPS. :thumbsup:

Overvalue/fair value I no like, severely undervalue I like. 8) 8)

Offline AlexisLee

  • Knight
  • **
  • Posts: 118
Re: ASNB declares 6.6 sen dividend for ASM
« Reply #15 on: March 20, 2014, 04:42:35 PM »
This 6.6% also easily beat the official inflation rate. All these by just shaking legs, doing nothing. This one really money work for you everyday :clap: :clap: :clap:

The good thing about this even if you die, it will pass on to your next of kin, they also get the 6.6% shaking legs, doing nothing at all. :D :D :D

Offline KLSE LOSSER

  • Baronet
  • ****
  • Posts: 2,006
  • Wat to do tis year.
Re: ASNB declares 6.6 sen dividend for ASM
« Reply #16 on: March 20, 2014, 08:28:16 PM »
Why not? Scared Government bankrupt? :D
Individual is limited to rm500k max only...

Offline AlexisLee

  • Knight
  • **
  • Posts: 118
Re: ASNB declares 6.6 sen dividend for ASM
« Reply #17 on: March 20, 2014, 11:49:23 PM »
Individual is limited to rm500k max only...

Are you sure? Where got limit?  :giggle:

Offline U.K.

  • Earl
  • *******
  • Posts: 10,219
Re: ASNB declares 6.6 sen dividend for ASM
« Reply #18 on: March 20, 2014, 11:55:35 PM »
Assuming you put RM2M into ASM, dividend/year is RM132k. You get to spend RM10K+ per month until the day you die with your capital still intact. Or you get to spend RM5k++ per month include inflation until the day you die and your capital still appreciating. Still peanuts? :clap: :clap: :clap:

It is not wise to put 2 million in ASM just to get 6.5% dividend per annum.
Your 2 million principle would depreciate by half of its value in 20 years.
Meaning the actual value your the 2 million principle in 2034 is worth about 1 million of today.

Offline AlexisLee

  • Knight
  • **
  • Posts: 118
Re: ASNB declares 6.6 sen dividend for ASM
« Reply #19 on: March 20, 2014, 11:58:05 PM »
It is not wise to put 2 million in ASM just to get 6.5% dividend per annum.
Your 2 million principle would depreciate by half of its value in 20 years.
Meaning the actual value your the 2 million principle in 2034 is worth about 1 million of today.

Put under pillow will depreciate but put in something getting 6.5% year in year out can depreciate, 6.5% definitely higher than inflation rate, unless your personal inflation rate way way above 6.5%, this I really catch no ball.

Offline Ļaughing Ģor

  • Global Moderator
  • Marquess
  • *****
  • Posts: 17,754
    • Investlah - Malaysia's Biggest Investment Forum
Re: ASNB declares 6.6 sen dividend for ASM
« Reply #20 on: March 24, 2014, 03:50:27 PM »
It is not wise to put 2 million in ASM just to get 6.5% dividend per annum.

What other (1) LOCAL INVESTMENT can give (2) TAX EXEMPT (3) CAPITAL PROTECTION with (4) MIN 6%  return p.a. (5) YEAR AFTER YEAR ?
Can someone to give me a Loan and then leave me Alone?