Thursday, November 6, 2014

My Notes and Views after watching Kelvin Fong interview at 3.30 A.M.

This is the video that I watched today at 3.30 A.M.
I would like to pen down some key takeaways and my personal views before I forgot.

The interview video link is here:
http://www.youtube.com/watch?v=etlgBivAozg&sns=em

You might want to read this two news report about him. He is a very successful real estate agent in Singapore.



All right, these are my notes while listening. It is quite messy but I will point out the important points.



Let's straight to the points. Below are taken from the video interview.

Buying property must perform the financial status check and the stress test.

What is this stress test all about ? It is to know if the housing loan interest goes up to 3.5% or 4% , are you still able to pay for the monthly mortage?

Take one quick example, if you bought a private property of S$600K, it is rented out at S$2K, let say worst case scenario, if the rental drops to S$1.5K, are you able to afford to pay this S$500 cash by yourself ? If so, go ahead and buy. Take this S$500 as forced saving. Singapore asset long term definitely makes money. S$500 per month for an asset is good, even without the rental income (can't rent out) , the money is still a saved money.

Having hundred of thousands cash in the CPF is a waste. We should make money work harder for you. Let the property grows for you. You should trade CPF with cash (use CPF to pay for the housing loan and take the rental cash). Invest for saving, then you will feel sucure. Some treat insurance as forced saving, why not property?

Property purchase is a form of saving. It is not an investment for speculation else it will create fears in you. It is to let property saves money for you.

If you time the market, make sure you time your age as well. If possible,start young.

How to select the right property is important. It determines your results in the next 5 years or even next 2 years. How much salary should go for property? TDSR 60%.

HDB purchase does not require cash, private property  must pay 5% cash. Do you have 5% cash?

If you are capable, go for private property, why not HDB ? It is not easy to cash out for HDB. When time is good, private property can cash out and HDB can't. You only can cash out after you sold the HDB.

Financial planning for every customer is a must. Under worse case scenario, you cannot afford it, don't buy. Real estate agent must also know how to plan the growth for the customers. Should I sell now or keep?

If you cannot earn S$200,000 in 5 years time, then, you must grow through assets, follow the rich doing, but must still do proper financial planning / stress test.

Buy property with numbers, not with emotion.

Identify below market price properties.

Two criteria:
(1) What is the potential upside based on current situation?
(2) Can my yield cover the loan and under worst case scenario, am I able to top up the difference?

Entry price determines your profit margin, your end results. Check surrounding price , have a right entry price and the risk will be lower.

Affordability is the key now, no one is looking at PSF anymore.

Commercial property purchased under company name is better. Company can claim back GST.

The first property is important as it will let you roll to the second and third properties. If I sell the property now, how can I use the money next based on the fact and figure? If you don't know what to do with the money, don't sell.

======================================

All right, here are my personal views.

I like this guy. We are just about the same. We are Mathematic person. We love numbers.

In real estate investment, you must have a housing loan interest calculation template. You are able to get it FREE easily from any banks. I have one from OCBC and I use it every single time for my loan calculation. You can play with the tenure years, interest rate, checking exactly how much interest you are paying. You must have this template and basic understand is good enough. Then, you should know the basic formula how to calculate the stamp duty (3% of purchase price - S$5,400), Additional Buyer Stamp Duty (ABSD). Take note on the small legal fees, lawyer fees, etc. These are simple information available easily on the Internet. Once you know it, you know it forever.

Take note on CPF rules too (second property only can use the CPF OA to pay once you set aside half of the Minimum Sum for example). It is all important. I am puzzled if one wants to invest in real estate and he/she does not check the above tools. Those are great tools. You should not wait for the expert to tell you these in the workshop or seminars. You should fish yourself ! That is why some of my real estate friends told me that I should join real estate industry instead. I will, maybe when the time is right again.

I am curious why people keep asking if we should go for CPF home loan or private bank loan. The answer is very clear. The loan interest is low since year 2008 until now and it will go up gradually starting from year 2015 onwards. So, my advise to you is, if your housing loan only left about 10 years, go for the private bank , POSB! They have this great promotion right now that no matter how bad the SIBOR rate is, their rate will be maximum at 2.5% only, still 0.1% lower than CPF home loan rate of 2.6% and now they give you about 1.6%, just go for POSB bank loan and that's it. It does not add too much value to discuss this heavily.

Singapore assets surely makes money for long term. Don't time the market. I have some doubts on this. I witnessed my siblings purchase in Singapore and the economic revival in year 2007 (when COSCO was at S$8, remember?) and the economic crisis in year 2008, such statement I don't bite fully.

I think timing of the market is important. I know you guys are searching for the below market value properties but how much bargain can it be under such good economic environment now? I take Caspian condo at Lakeside as an example, if the owner bought in year 2009 at S$600K and they are able to sell it last year at S$1.2 million and now the selling price dropped to S$1 million, is this a good buy now?

Also, LakePoint condo at Lakeside (1,884 sq ft) also dropped heavily to S$300K before it shot back to S$900K and with current market of S$800K, is that a good buy? I know the price very well because I had stayed at Lakeside. 

My advice is, unless you have a lot of cash, you can afford to have multiple properties, that's different. If I have only enough to shoot for one. My advise is, stay put your money, build up your war chest, the good time is yet to come. I am sorry to say that the real estate price is following "closely" 6 months after the stock market performance for the entire history except for year 2009.

In year 2009, the real estate price followed exacly the same as stock market. Both index rebounded together in March 2009, starting with Caspian new launch, then Mi Casa, etc. then, Interlace came in September 2009 with S$850 psf.

So, does that mean these two prices index will be de-couple from now? It will not.

Look at Dow Jone right now, it is at history high . Look at STI index, it does not even challenge the new height just yet. We are all in good party mood. Will the stock  market come down? It has to come down.

If you don't like property market to crash, perhaps a meaningful correction of 30% is needed. If so, why can't you use the time now to prepare all the cash tightly and wait patiently for the time and shoot once BIG TIME. Guess what, there are many people waiting out there as well. That is why when the price dip for 10%, 20%, people start to enter and support the price and the price is stable or stagnant. But then, as I said, timing is still relatively important. Why are we not buying in year 2009?

Why?

It is because we don't have enough cash at that time? (That is why I emphasize to build up the war chest) Or you fear that it will go down further? (If you fear the property price will go down further in year 2009 BUT NOT in year 2014, I think we have a BIG problem here) Or you fear that you are next to be retrenched when you see DBS slashing so many jobs in year 2008, 2009?

I know we must have positive mindset. I fully agree. But, for big investment with a fees of ABSD, I don't think it is attractive at all at this moment. Anyway, I am building my cash pile now slowly and I am all ready to shoot a big one when the time is right. I sincerely wish all the investors winning big time !

By the way, for homestay purpose, by no means, please go and buy one instead of renting, helping others to pay for their housing loan.

Thursday, October 30, 2014

Why I bought the first residential project at Sunway Iskandar ? (Revision 04)

Revision 04: updated on August 28, 2023
Revision 03 (last paragraph): updated on December 30, 2015
Revision 02: updated on November 1, 2014

















October 30th, 2014:
===============

I am not going to repeat the general information that are available widely at the Sunway Iskandar offical website (shown below) or you can google the information about Sunway Iskandar. There are tons of information out there.


Why I bought first residential project at Sunway Iskandar?

(1) The price is reasonable at the current market.

(2) If Bandar Sunway and Ipoh Sunway first launch owners are enjoying huge capital appreciation, Sunway Iskandar can too! No doubts.

(3) The product is from Sunway. It is a QUALITY brand.

I was a Sunway College student in year 1998 and 1999. I witnessed the transformation of Bandar Sunway. Such township development success will appear at Sunway Iskandar, for sure.

Let's talk about the product briefly.

I particularly love 3 bedder units but it is out of my budget.

So, I pick up a 2+1 unit instead. I think the orientation of this Type D is fantastic, if not, it is the best.

(1) Type D is North East facing, no West sun. Perfect.

(2) Living hall and bedroom units facing is actually Eastern & Oriental development or forest at the moment. However, I love the master bedroom huge L shape windows. The other half of the window is actually facing South East - SEA VIEW ! I need to be conservative here. I do not think Sunway is so nice to unblock this view by making sure no buildings are built at this direction (see the model below). I as well do not know the height restriction at the sea front precinct. Therefore, higher floor units will have a better chance to enjoy the sea view. This is just an extra. I do not think the current selling price has included such premium. It fact, this unit type per square feet is the cheapest.

(3) I like the kitchen location. It is separated from the living hall and dining area.

(4) Even though this 2+1 layout is larger than typical 2 bedroom but the price is very close to each other (might as well buy the larger unit).

Type D layout


Layout Plan of Citrine. I like C1 location too, especially the 2 bedroom and living hall are ALL facing SEA VIEW ! But the layout is the smallest and the kitchen is very close to the living hall (open air concept)

Lakeview Precinct - belong to Medini Zone- 129 years lease , NO Real Estate Gain Tax.


Total 6 precincts - a massive 15 to 20 years development.


The location is so near to Tuas second link check point which is very ideal.


Type D - 1,087 sq ft - very generous layout indeed for a 2 bedder unit.



 The floorplan.



Take note there is a "open space" to unblock the view for Citrine service apartment which I doubt they will really do this. We will see. I might be wrong. :)


Are you ready to move in? My dear tenant.


I am the 5th to select a unit, spoilt for choices.


I can see my unit !


These are impressive SEA VIEW facing units.


Let's talk about price. The downpayment is FREE. Yes, indirectly.

Let's take the real selling price of Type D , highest floor , 36th floor as an example.

Type D - 1,087 sq ft , selling now at RM 855,000 (still available as of October 31, 2014)
The price has since gone up by 4+%.

RM 855,000 is the SPA price. Sunway developer is giving 7% + 3% discount right now.

You pay RM 10,000 booking fees.

10% of SPA price is RM 85,500.

Sunway gives 7% discount, hence, your remaining down payment is:
RM 85,500 - RM 59,850 (7% discount) - RM 10,000 (booking fees) = RM 15,650.
You have to pay this amount while you sign the SPA (Sale and Purchase Agreement).

So, your up front commitment is RM 10,000 + RM 15,650 = RM 25,650.

Remember Sunway developer is giving 7% + 3% discount?

While it hits the next 10% loan disbursement, Sunway developer will refund you the 3% discount, which is a cheque to your name of RM 25,650.

Indirectly, your "10%" is fully paid by Sunway developer, you only need to take care your remaining 90% loan. Effectively, you are on 100% housing loan, in other words.

FREE SPA Legal Fee & Disbursement (EXCLUDING Perfection of Transfer and Stamp Duty on MOT); with Terms & Conditions - SPA & Loan Agreement must use our panel lawyer.

I have to pay around RM 18,540 of MOT fees upon completion date.

FREE loan agreement Legal Fees & Disbursement (Inclusive 0.5% stamp duty EXCLUDING Perfection of Charges); with Terms & Conditions - SPA & Loan Agreement must use Sunway developer panel lawyer.

My housing loan is from CIMB bank. Hence, RM 9,118.81 fees will be fully paid by Sunway Developer.

Nevertheless, upon completion at the end of year 2017, I have to pay Perfection of Charges. That is 25% of Loan Legal Fees, which is 25% of RM 6,176 , estimate to be RM 1,544.

FREE 1 year maintenance charge (excluding sinking fund); indicative RM0.35 PSF, subject to change).

The sinking fund is about 10% of the maintenance fees. Hence, sinking fund is about RM 38 per month.


By the way, my unit is at 35th floor. :)

As of October 6, 2014, below are the sales results.
Total 129 units sold out of 263 units launched. That's 49% sales.
There are total 328 units.


Sales Chart as of October 17, 2014.


Updated on November 1, 2014
======================

I received an update from my friend who was at the Sunway gallery. He sent me the latest Sales Chart and I would like to update the sales progress for the past 25 days.

Sunway is able to move another 15 units.
Total 155 units sold out of 263 units launched. That's 55% sales.
It is worth to mention Type D is selling out fast. Hitting 82% sales and left only 6 units.

The best 36th floor unit is now SOLD ! Didn't I mention Type D is the best location? :)


The Sales Chart @ November 1, 2014

 
Updated on December 30, 2015
=======================
 
There are some changes on Johor state housing rules, so all the buyers of Sunway Citrine Residence have to resign all the lawyer documents. This create trouble for all the previous buyers to come again to the Sunway sales gallery to sign all the thick documents, some even have to fly from Taiwan or Middle East to come here and re-sign. For me, I just need to drive into Nusajaya to sign the document and go and buy milk powder at AEON, not a big deal. It was happened in July 2015.
 
Nevertheless, Sunway developer rewarded everyone the same token of appreciation of a RM5,000 cash for any inconvenience caused. That is actually to cover others flight ticket and hotel stay. For me, it is a FREE shopping voucher at AEON Bukit Indah. Ha Ha Ha... RM5,000 cash is a lot! I now don't mind to re-sign all the documents for the 3rd time for another fee. :) Thank you, Sunway.
 
 
On December 30, Sunway customer care told me the 3% refund cheque is here. They helped me to bank into my CIMB i-flexi loan account to offset my interest. Effectively, my loan account now has enough monies to offset all the interest. It is loan interest FREE right now (reaching 20% stage at the moment).
 
It is a cool refund of RM24,540. And now you know what is my SPA price and you can do further "reverse engineering" to know my net Purchase Price.
 
In short, Sunway paid me RM5,000 cash to buy a unit from them.
I pay RM 0 but receive RM5,000 at the end. :)
 
 
 


Tuesday, October 28, 2014

Exclusively for Malaysian - Amanah Saham Nasional Berhad (ASNB) (Revision 13)

Revision 13 (last paragraph): updated on 22 October, 2023
Revision 12: updated on 4 November, 2022
Revision 11 (updated on 6 November, 2021
Revision 10: updated on 12 November, 2020
Revision 09: updated on 28 January, 2020
Revision 08: updated on 1 November, 2019
Revision 07: updated on 9 September, 2019
Revision 06: updated on 5 November, 2018
Revision 05: updated on 6 November, 2017
Revision 04: updated on 12 November, 2016
Revision 03: updated on January 4, 2016
Revision 02: updated on December 5, 2014

If you are Malaysian, you should take this privilege to invest in ASNB products. They are unit trust funds for Malaysian. Some are dedicated only for Bumiputera and some are for all Malaysian. I have highlighted below that are opened for all Malaysian. The fund's objective is clear. It is to provide an alternative savings vehicle for all Malaysian. It aims to generate long term, consistent and competivive returns for all the investors.

Do you ever imagine a return of 101705 % ? Yes, turning a capital of RM 37,000 into RM 434,038 ? That's right. That's the powerfulness of ASNB unit trust products. They yield super duper good yields that you will ever imagine or dream of. The problem is, it is hard to get extra units or even new units.

ASNB wide range of products (circled are for all Malaysian)


Just look at their FAT dividend yields !

AWS 2020 unit fund
Total of 899,952 holders as of August 31st, 2013
But 70% of them hold less than 5,000 units, there are 3,515 people (the lucky 0.4% group) holding 500,001 units and above!
I belong to the 17% group.

These the top 20 stocks that AWS 2020 invested, that's how they make AWS 2020 flies up high!

Above information are from annual report dated 31 August, 2013. I shall have the updated version in year 2014 at my hometown.


My parents bought the AWS 2020 for me during the new launch in year 1997.
I almost dumped all my red packet monies into this fund.

We initially placed RM 12,000 in year 1997.
We managed to place another RM 2,000 in year 1998 and RM 23,000 in year 2005.

Thereafter, there is no chance to invest more into this AWS 2020. I wish I could dump as much monies as possible into this great fund.

Just take a look at their super great dividend yields that was even top at 10.10% ! The lowest yield ever was 6.30% in year 2009 during the economic crisis and I took that lowest yield of 6.30% to calculate the rest of the years until I reach age 63.

Guess what, a capital investment of RM 37,000 will give you a 101,705% returns which is a dividend of RM 413,310 and you get back a grand total of RM 434,038 while I am at age 63. Take note this numbers are based on the rate of 6.30% yields only. I believe the rate will be much BETTER throughout the years.

So, it is not too late to help your children or you yourself (only Malaysian) to buy ASNB products. Do invest early for them and they will really thank you while they grow up.

These returns are amazingly good. Too good to be true. This is super low risk and high return investment products and best of all, it is exclusively for Malaysian. If you don't take this privilege, it is your loss.


Updated on December 5, 2014
=====================


Based on the annual report on August 31, 2014, there are many people able to get more units in this fund.

There is an increase of 224 people , 6.4% increase, owning 500,001 units and above.

There is also an increase of 2,203 people, 4.4% increase, owning 50,001 to 500,000 units.

There are total 8,618 people exited the fund.

There is an increase of 853,308,284 units issued for the past 12 months (September 2013 to August 2014). It is close to a RM 1 billion new units flowing into the fund.

It is widely known that it is extremely hard to get an extra unit in this AWS fund but how can there be so many people able to obtain large quantities instead? How they manage to get it ?

When are these 850 million new units open to the public application ? Or these new units are purely for insider people ?


There are also some movements of the top 20 stocks hold by this fund.

 
 
Updated on January 4, 2016
======================
 
 
On August 27, 2015, Amanah Saham Nasional had announced a 6.40 cents dividend for a unit of the Amanah Saham Wawasan 2020 (ASW 2020) for the financial year ending August 31, 2015.
 
6.40% dividend is very close to the worst rate of 6.30% dividend declared in year 2009. Take note, the illustration table above is using the worst rate of 6.30% . Anything above 6.30%, it is a good sign. :)
 

 
Based on the annual report on August 31, 2015, 7,912 people were withdrawn from this fund, they are 10,000 units holders and below.
 
In fact, numbers of holding 10,001 to 50,000 had increased 2,854 people.
There is an increased of 2,619 people who hold 50,001 to 500,000.
Surprisingly, there is also an increased of 225 people who hold 500,001 and above.
 
How they get more units from the open market?
 
There is an increase of 401,667,000 units issued for the past 12 months (September 2014 to August 2015). It has now 17.08 billion units.
 
There are not much movement of the top 20 holdings.
 
SapuraKencana Petroleum Berhad was at number 20 in year 2014 and now it was out from the top 20 holdings, probably, it is also due to the weak oil and gas environment.
 
It is good to know there is a new comer in the top 20 holdings, it is IJM Corporation Berhad which now stands at Top 10 with 2.25% stakes at AWS 2020 fund.
 
Updated on November 12, 2016
=======================
 
 
On August 26. 2016, Amanah Saham National had declared 6.30 cents dividend payment for ASW 2020 for the financial year ending August 2016.
 
6.30% dividend is so far the worst rate declared, the same rate as year 2009.
 
Based on the annual report on August 31, 2016, there are 5,277 people withdrawn from this great fund, mainly the 50,000 units holders and below.
 
There is an increased of 1,383 people who hold 50,001 to 500,000 shares.
 
There is also an increased of 40 people who hold more than 500,000 shares.


 
UMW Holdings Berhad was at position 19 in year 2015 and now it was out from the top 20 holdings.
 
It now has new comer, IHH Healthcare Berhad which stands at position 13 with 2.05% stakes at AWS 2020 fund.
 
 
Updated on November 6, 2017
=======================
 
Based on the annual report on August 31, 2017, there are 4,187 people withdrawn from this fund, mainly the 50,000 units holders and below.
 
There is an increased of 5,921 people who hold 50,001 to 500,000 shares. So many people manage to get extra units!
 
There is also an increased of 243 people who hold more than 500,000 shares.
 
 
It is shocking to see Public Bank Berhad (position 2) is out from TOP 20 list this year.
 
UMW Holdings Berhad back to position 20 and Gamuda Berhad is out from the TOP 20 list this year too.
 
It now has new comer, SP Setia Berhad which stands at position 18 with 1.31% stakes at AWS 2020 fund.

 
Updated on November 5, 2018
======================
 
There is a name change from Amanah Saham Wawasan 2020 to ASM 2 Wawasan.
 
 
There are steady increase of applicants at the higher range.
 
241 more people owns 500,001 and above units.
 
3,694 more people owns 50,001 to 500,000 units.
 
There is a decrease of 2,625 people owning 10,001 to 50,000 units.
 
There is also a decrease of 2,455 total unit holders.
 
 
There are few movements at the TOP 20 list this year. 4x counters dropped out from TOP 20 list this year.
 
Removed from the TOP 20 list:
1. IHH Healthcare
2. Petronas Dagangan
3. AMMB Holdings
4. UMW Holdings
 
There are big increase in Malayan Banking Berhad (%) from 7.96% to 12.60%, Tenaga National from 5.50% to 8.67% and CIMB Group from 5.47% to 7.27%.
 
New comers into the TOP 20 list:
1. Public Bank
2.AmBank
3.Gamuda
4. Hong Leong Bank
 
 

 
In year 2018, Amanah Saham National had declared 6.00 cents dividend payment for ASW 2020 for the financial year ending August 2018.
 
6.00% dividend is the same as last year (2017) and is also the worst rate declared so far.
 
Updated on September 9, 2019
======================
 
Amanah Saham National Bhd (ASNB) had declared 5.00 cents dividend payment for ASM2 Wawasan for the financial year ending August 31, 2019.
 
5.00% dividend is the new worst rate declared so far.
 
Quick glance for the ASM 2 Wawasan performance since launch in year 1997 until year 2019.
 
 
Updated on 1 November 2019
======================
 
 
 
There is a steady increase of the total applicants, an increase of 11,637 to 883,140 holders.
 
520 more people owns 500,001 and above units.
 
3,935 more people owns 50,001 to 500,000 units.
 
There is a decrease of 3,200 people owning 10,001 to 50,000 units.
 
 
 
There are few movements at the TOP 20 list this year. 4x counters dropped out from TOP 20 list this year.
 
Removed from the TOP 20 list:
1. SP Setia Berhad
2. Hong Leong Bank Berhad
3. Kuala Lumpur Kepong Berhad
4. RHB Bank Berhad
 
There is an increase in Malayan Banking Berhad (%) from 12.60% to 13.54% and Public Bank Berhad from 1.86% to 2.75%.
 
New comers into the TOP 20 list:
1. United Plantations Berhad
2. Sime Darby Berhad
3. Petronas Dagangan Berhad
4. IHH Healthcare Berhad
 
 
In year 2019, Amanah Saham National had declared 5.00 cents dividend payment for ASW 2020 for the financial year ending August 2019.
 
5.00% dividend is also the worst rate declared so far.
 
Updated on January 28, 2020
======================
 
I just updated the table below all the way to 5.00% interest in year 2019.
 
The value is RM 98,478.11. The calculated value comes close to the real value of RM 98,450.42 (due to the different month of the top up of $2,000 and $23,000 in year 1998 & 2005).
 
Estimation of 6.30% interest is used for the rest of the calculation.
 
 
 
I finally opened the online account for ASNB.
 
 
It is easy to view all the statement in the online account.
The amount now stands at RM 98,450.42.
 
 
Great platform indeed.
 
 
 
 
Updated on 12 November 2020
========================

 
There is a steady increase of the total applicants, an increase of 6,897 to 890,037 holders.
 
188 more people owns 500,001 and above units.
 
1,908 more people owns 50,001 to 500,000 units.
 
There is a decrease of 2,079 people owning 10,001 to 50,000 units. 



There are no movements at the TOP 20 list this year !
The top 20 counters only contains 54.56% of the fund size.


In year 2020, Amanah Saham National had declared 4.00 cents dividend payment for ASW 2020 for the financial year ending August 2020.

4.00% dividend is also the worst rate declared so far.
That is extremely lousy rate for the year 2020 for the Wawasan 2020 fund.


The fund has close to RM2.26 billion cash in the bank.


Updated on 6 November 2021
========================
There is a steady increase of the total applicants, an increase of 7,108 to 897,145 holders.
 
92 more people owns 500,001 and above units.
 
1,417 more people owns 50,001 to 500,000 units.
 
1,015 more people owning 10,001 to 50,000 units. 
Two new comers into the TOP 20 list:

(1) PNB Real Estate 1 LLC EUR (1.10%)
(2) PNB Capital LLC (0.85%)

replacing :
(1) MISC Berhad
(2) United Plantations Berhad
In year 2021, Amanah Saham National had declared 4.00 cents dividend payment for ASW 2020 for the financial year ending August 2021.

4.00% dividend is the worst rate, the same rate declared in year 2020.

The fund has close to RM1.84 billion cash in the bank.


Balance for year 2021: RM 106,483.98.


Updated on 4 November 2022
========================
There is a steady increase of the total applicants, an increase of 9,501 to 906,646 holders.
 
144 more people owning 500,001 and above units.
 
2,176 more people owning 50,001 to 500,000 units.
 
5,419 more people owning 10,001 to 50,000 units. 
Two new comers into the TOP 20 list:

(1) PNB Real Estate 1 LLC USD (2.24%)
(2) MISC Berhad (0.92%)

replacing :
(1) IHH Healthcare Berhad
(2) Petronas Chemicals Group Berhad
In year 2022, Amanah Saham National had declared 3.75 cents dividend payment for ASW 2021 for the financial year ending August 2022.

3.75% dividend is the new worst rate.

Nevertheless, the return is 198.6%, the XIRR is 5.51%.



Updated on 22 October 2023
========================


There is a steady increase of the total applicants, an increase of 7,362 to 914,008 holders.
 
95 more people owning 500,001 and above units.
 
440 more people owning 50,001 to 500,000 units.
 
1,445 less people owning 10,001 to 50,000 units. 
This is the first time to see a decrease in applicants.


Four new comers into the TOP 20 list:

(1) Terbitan Pelaburan Kerajaan (Bon) (2.86%)
(2) AMMB Holdings Berhad (1.59%)
(3) PNB Merdeka Ventures Sdn. Bhd. (1.48%)
(4) CelcomDigi Berhad (1.44%)

replacing:

(1) AmBank (M) Berhad
(2) Digi.Com Berhad
(3) Petronas Dagangan Berhad
(4) MISC Berhad


In year 2023, Amanah Saham National had declared 4.50 cents dividend payment for ASW 2022 for the financial year ending August 2023.

4.50% dividend is not bad indeed.