Blog: EPF lost only RM 97 Million on FGV? - M.A. Wind

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5 comment(s). Last comment by Clement Yew 2017-04-10 13:06

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-05 14:30 | Report Abuse

EPF lost on shell, bought 6.00 sold at 2.00 dare not say?

JacNgu

215 posts

Posted by JacNgu > 2017-04-05 23:31 | Report Abuse

guess too many idiots working in EPE

stockraider

31,556 posts

Posted by stockraider > 2017-04-05 23:38 | Report Abuse

Why complain so much ???

Whether EPF loss rm 100m or Rm 200m or even Rm 600m on FGV....the fact is EPF paying us 5.5%pa.....much higher than any risk free bank deposits loh...!!

Investment sometime u lose monies....some u make....most important overall make monies....thats why pay 5.5% pa....the yr b4 even higher more than 6% pa....this rate of return is even higher than spore CPF loh......!!

Overall i see EPF performance not bad....despite FGV losses loh...!!

sogeking

228 posts

Posted by sogeking > 2017-04-05 23:48 | Report Abuse

True. To lose money is part of investment. Nothing new. Get over it

Clement Yew

13 posts

Posted by Clement Yew > 2017-04-10 13:06 | Report Abuse

EPF didn't expect FGV's management (Top to bottom) to be such a failure.They forgot to take into account the "human" risk before investing in FGV. Gold platter mature business, vast assets, ready to harvest trees...can also lose money every year, geng mou?

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