Jt Yeo is BULLSHITTing ... see another article which checking NIhsin for bankruptcy with Altman Z-score ... Nihsin scored 7.59 that meant far away from bankruptcy pls use your head to think and no your ass.
10 years ago in 2005, you bought 1 share of Nihsin which is selling for RM0.34. You went coma, wake up today. You asked 'Does Nishin still exist?" Yes. "No bankrupt?" Alive & well. "How does my 1 share perform?"
As you remember you bought RM0.34 a share in 2005. Since then they make money most of the year, lose money a few years. They made RM0.13 per share in total, they give you dividend of RM0.064, 18.8% of your cost. Niceee.
But unfortunately Nihsin is selling at RM0.305 now. Although the dividend reduce your cost to RM0.276, well you say at least I still make money if I sell now. Oh wow not bad I make 10.5% return for the past 10 years. Or about 1.05% a year.
Maybe not so great compare to fixed deposits. If you take into the account of CPI and decreasing of purchasing power due to inflation by average of 3.25% a year, hm well at least I am not bankrupt!
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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....
klsefighter
328 posts
Posted by klsefighter > 2015-12-26 17:48 | Report Abuse
Riche Ho Thks for the info ... Good writing ....give you a LIKE