found this old article in one of the e-book my friend give me. saying this, if someone hold 35 lots YTL since 1991, he was a million in year 2000 base on the time counter price (with the bonus & right issue, excluding the dividend). the author base on the below.
panese asset price bubble 1991–2003 13 years Share and property price bubble bursts and turns into a long deflationary recession.
Black Wednesday September 16, 1992 The Conservative government was forced to withdraw the pound sterling from the European Exchange Rate Mechanism (ERM) after they were unable to keep sterling above its agreed lower limit.
1997 Asian financial crisis July 2, 1997 Investors deserted emerging Asian shares, including an overheated Hong Kong stock market. Crashes occur in Thailand, Indonesia, South Korea, Philippines, and elsewhere, reaching a climax in the October 27, 1997 mini-crash.
October 27, 1997 mini-crash October 27, 1997 Global stock market crash that was caused by an economic crisis in Asia. The points loss that the Dow Jones Industrial Average suffered on this day still ranks as the seventh biggest point loss in its 114-year existence.
1998 Russian financial crisis August 17, 1998 The Russian government devalues the ruble, defaults on domestic debt, and declares a moratorium on payment to foreign creditors.
Dot-com bubble March 10, 2000 3 years Collapse of a technology bubble, world economic effects arising from the September 11 attacks and the stock market downturn of 2002. Economic effects arising from the September 11 attacks September 11, 2001 The September 11 attacks caused global stock markets to drop sharply. The attacks themselves caused approximately $40 billion in insurance losses, making it one of the largest insured events ever.
Crash or not, still can earn a million. Wow. YTL that strong!
i don't have it in my computer, but i remember reading this in business magazine, need to search first, if can find will post it. :) i think 1993 is the superbull.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kong73
2,065 posts
Posted by kong73 > 2012-09-08 11:24 | Report Abuse
Bro..you are the man!