1. Kuala Lumpur :- Amanah Saham Nasional Berhad (ASNB) has announced an income distribution of 6.38 sen per unit for Amanah Saham Malaysia (ASM) for the financial year ended 31 March, 2011.
PNB Chairman, Tun Ahmad Sarji bin Abdul Hamid said, the income distribution involves a total payout of RM757 million, an increase of 16 percent from RM652 million paid last year.
Up until 15 March, 2011, ASM has recorded a gross income of RM909 million. Profit from the sale of shares contributed RM407 million, or 45 percent of the gross income.
Dividend income contributed RM361 million or 40 percent and the remaining income of RM141 million or 15 percent is derived from investments in short term instruments.
The calculation of the income distribution is based on the average monthly minimum balance held throughout the financial year of ASM. The income distribution will be reinvested in additional units of ASM to be automatically credited into the unit holders' account on 1 April, 2011.
ASM transactions at all branches and agents nationwide will be suspended beginning 22 March to 31 March, 2011 to facilitate the calculation of income distribution. Unit holders can update their ASM investment book beginning 1 April, 2011.
The income distribution statement and annual report will be sent to unit holders beginning middle of May, 2011.
ASM is a fixed priced 'Equity-Income Fund' aimed at providing unit holders with a long-term investment opportunity that generates regular and competitive returns through a diversified portfolio of investments.
2. 6.38sen, 0.08sen higher than last year of 2010. :( Nevertheless, still very much higher then FD. :)
3. Scalp trades today :-
AMFIRST - sold at 1.15 & 1.16
10 comments:
Sold off all remaining Amfirst at 1.16
Sold KKB at 2.11-2.13, realize paper profit first
Sapcrest-cb with Premiun -0.26%. time to go in ???
Congrats to Hng for selling all KKB and Amfirst at very good price and profits :)
Well done!
Hi Hng,
I am very impressed with your performance. If you don't mind, I would like to seek for your advice that if anyone were to be a full time trader, with estimated earning of RM2k -3.5k per month, how much capital do I need?
Any other advices that you can share in order to be a full time trader?
Thank you very much!
hehehehe....
hng invest style really interesting... :D
Update portfolio
Portfolio 1:
1. P.I.E: 92.2% (cost: 4.01)
2. Msniaga: 85% (cost: 2.00)
3 CCM Duopharma 25% (cost 2.34)
Portfolio 2:
1. P.I.E: 91% (cost: 4.03)
2 Msniaga: 50%(cost: 2.00)
3. CCM Duopharma 45% (cost 2.34)
Thomas SM
Lets take 3.5k pmth as example, you need to have initial 50k as initial capital and open an margin account which give you additional margin line of 75k. Your target return pmth is 3% at least or average of 10% quarterly. You also have to 10k emergency capital to standby as fund to support your 3 mth living expense.
In short, you need 50k + margin line 75k + 10k standby living expense to start.
hng... just asking...
the reason that you collect msniaga is because the divivend will be announce in 2weeks time? (mid april)
Hng,
Thank you very much for your kindness and willingness to share :)
Wish you the best of luck in all coming trades :)
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