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5 comment(s). Last comment by Clement Yew 2017-04-10 13:06
Posted by JacNgu > 2017-04-05 23:31 | Report Abuse
guess too many idiots working in EPE
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...!!
Posted by sogeking > 2017-04-05 23:48 | Report Abuse
True. To lose money is part of investment. Nothing new. Get over it
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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CS Tan
4.9 / 5.0
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....
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?