Amanah Saham Bumiputra (ASB) showing signs of Weakness? Here are 2 reasons that you should be aware of!
Amanah Saham Nasional Berhad (ASNB) recently announced
income distribution and bonus for their largest inhouse fund, Amanah Saham Bumiputra (ASB). With 8.87 million unit holders invested into ASB, the annual income and bonus announcement is an eagerly anticipated event each year. Fortunately for 2015, ASB did not disappoint by posting an income distribution of 7.25 cents per unit and a bonus of 0.50 cents per unit for Financial Year End 31st December 2015.
However looking at the latest income distribution and bonus from ASB, I observed a few cause for concern about ASB that should be highlight to the masses. I'm putting up this post not to spread fear or panic. Instead I am trying to highlight my personal observations with regards to the possible risk that ASB investors could face in the near future. I might be right or I might be wrong, but you as an investor should be able to make your own judgement call.
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