Dividend rate for 2016 is 5.70%.Originally Posted by opulant
Banned
Dividend rate for 2016 is 5.70%.
Banned
My expectation is 6.1%. I think the net impairment of 8.17 billion is the main reason of lower dividend. Of course, in anticipating of a worse 2017, keeping some of the 2016 income as not to look terribly bad in 2017 dividend payout can be the reason too.
" As at 31 December 2016, a total of 48.58% of the EPF investment asset was invested in fixed income instruments and 42.33% in Equities, while the remaining 4.03% and 5.06% were in Real Estate & Infrastructure and Money Market Instruments respectively. Therefore, it is natural that the EPF’s investment performance to be skewed towards fixed income returns. In accordance with the Malaysian Financial Reporting Standards (MFRS 139), the EPF is required to recognise net impairment amounting to RM8.17 billion, compared with RM3.07 billion in 2015 to reflect the lower equity prices, particularly in the domestic banking sector and oil & gas sectors in both the domestic and foreign markets. "
http://www.kwsp.gov.my/portal/en/new...etailPage=true
Budiman
I had expected more during this election year.
Budiman
YUP! fully agree. Looks like they are saving some & more for election bribe$...They have now truly pi$$ing me offI had expected more during this election year....and a big chunk i$ coming off for 6% coupon.
in luv with bikes...in lust with AphroditeS AWAS! Suspek is an Avid procurer to myths, lies, legends, folklores, i-ching, rumors, misinformation, cakap-ayam, spɹoʍ uʍop ǝpısdn puɐ˙˙DLL .
p/s Take all the above with a XL salted duck egg, wash down with 2fingers of sodium hypochoride, and suck on to a pebble size tmn negara Rock salt
Budiman
They are not bothered about you, since you are in a "gone case" seat. In fact they would want to put more people like you into the constituencyYUP! fully agree. Looks like they are saving some & more for election bribe$...They have now truly pi$$ing me off
Banned
I have done calculations before. It does not make much difference.....and a big chunk i$ coming off for 6% coupon.
My bottom line is : minimum 5.5% for EPF, 6.0% for coupon for n years. (n easily 7 or more).
Here is a simple example.
Assume 2.1m. The max you can withdraw (50-55 years old) is 30% which is 630k
6% coupon for 7 years
37,800
37,800
37,800
37,800
37,800
37,800
37,800
264,600
Balance of EPF @ 5.5% compounded for 7 years
80,850
85,297
89,988
94,937
100,159
105,668
111,479
Total interest 668,378
Total combined interest after 7 years is 932,978
Banned
Now, if 2.1m is compounded @ 5.5% for 7 years..
115,500
121,853
128,554
135,625
143,084
150,954
159,256
954,826
Total interest after 7 years is 954,826.
Of course, the risk is EPF have to pay at least 5.5% for the period of 7 years. For the period of 2009 to 2016, the annualized dividend rate is 6.11 %.
p/s : The 2.1m is a hypothetical number for easy calculation. You can substitute the number with other numbers to suit your scenario, the outcome would be the same.
Budiman
OIC, that is your EPF $$$$$ as of now
Banned
OIC, that is your EPF $$$$$ as of now
Can you read inggeris or not ?? It is just a hypothetical number for calculation purposes la ....
Btw, the focus is not the number, it is the comparison between keeping in EPF or bonds...
Budiman
Why 2.1m and not say 3m or 4m which make it even easier to work out.Can you read inggeris or not ?? It is just a hypothetical number for calculation purposes la ....
Btw, the focus is not the number, it is the comparison between keeping in EPF or bonds...
Banned
Ok lah... maybe next time I use 3 or 4..Why 2.1m and not say 3m or 4m which make it even easier to work out.
Budiman
HAHAHAHHA.Can you read inggeris or not ?? It is just a hypothetical number for calculation purposes la ....
Btw, the focus is not the number, it is the comparison between keeping in EPF or bonds...Semo olang kaya laah. Shrninggit2.1million?
Being the majority with under $hringgit126,262.62 in epf, I was looking at a total number of Shringgit 55,260.26 and 'manipulate' for makinf FULL withdrawal
Actually, many assumptions can be made esp EPF is only committed to pay 2.1 or is it 2.5% dividend, with yearly compoundable option? Versus a guaranteed flat 6% coupon YoY, non compoundable. So get to $pend monie$$$$...
Yg Blur $otong latottupai
in luv with bikes...in lust with AphroditeS AWAS! Suspek is an Avid procurer to myths, lies, legends, folklores, i-ching, rumors, misinformation, cakap-ayam, spɹoʍ uʍop ǝpısdn puɐ˙˙DLL .
p/s Take all the above with a XL salted duck egg, wash down with 2fingers of sodium hypochoride, and suck on to a pebble size tmn negara Rock salt
Budiman
lagi 1, even with a gdp growth of 4-4.5%, this Malaise land of endless opportunities is fraud with endemic corrutpion, bent EC ensuring your1pm & his likes in power for a long time more, etc (fill in ye own)etcetc PLUS with downward retail spending trend, i have my doubt that deposit interest rates will be on the upside. Most likely M1 is encouraged (as spending growth engine?) and M2 spending lagi highly favoured. So i dont expect EPF to be paying that 5-6% like the good olde days (generally only 1-2% higher than FD in local Malaise bank)...Or maybe not?HAHAHAHHA.
Being the majority with under $hringgit126,262.62 in epf, I was looking at a total number of Shringgit 55,260.26 and 'manipulate' for makinf FULL withdrawal
Actually, many assumptions can be made esp EPF is only committed to pay 2.1 or is it 2.5% dividend, with yearly compoundable option? Versus a guaranteed flat 6% coupon YoY, non compoundable. So get to $pend monie$$$$...
Yg Blur $otong latottupai
in luv with bikes...in lust with AphroditeS AWAS! Suspek is an Avid procurer to myths, lies, legends, folklores, i-ching, rumors, misinformation, cakap-ayam, spɹoʍ uʍop ǝpısdn puɐ˙˙DLL .
p/s Take all the above with a XL salted duck egg, wash down with 2fingers of sodium hypochoride, and suck on to a pebble size tmn negara Rock salt
Budiman
Dun worry tupais , be happy sotongs . http://www.thestar.com.my/business/b...her-dividends/
The Ponzi style mutual fund does not rule our higher dividends going forward should the FBM KLCI recover after 3 tahun of underperformance.
“The main reason that the EPF are paying lower dividends than in 2015 is due to increased impairments. If Bursa Malaysia turns around this year, then the impairments will go down and if our investment income remains stable or grows, I think we will be quite OK for this year,” EPF's CEO Datuk Shahril Ridza Ridzuan during a media briefing on the fund's 2016 financial performance in Kuala Lumpur today.
Read more at http://www.thestar.com.my/business/b...kwI51kaJtLB.99
Afterall.....we being told by Negara Ku CEO that all is going well ........ with Semua barang naik with GDP to 4.5 peratus ekonomi packaging.
(In this age of globalization of public listed companies including financial or mutual fund from UK to US corporations from Tesco to Citibank, most CEO would be wetting thier seat with pee or poo , should they come short of 1 or 2 quarters of shortfall of expectations. In MY country, they can just shake legs without sweating )
Meanwhile, there is the new boss with the fry pan at Nestle .......as the food giant reported lacklustre full-year results.http://www.telegraph.co.uk/business/...es-disappoint/
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Banned
I just hope you know what you are posting as you have a habit to copy and paste things that you don't know, let alone good in it..
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