I have bought top gloves for years. Last year I decided to sell it.
After the announcement of the third quarter result, I started to top it up again.
I have found out the following: -
If you bought 1 lot on public listed at RM 2.70, how much will you get now?
**For simplicity, I do not include dividends received.
1,000 shares @ 2.70
FY 2002: 3 for 10
1,000 shares --> 1,3000 shares
FY 2003: 2 for 5
1,300 shares -->1,820 shares
FY 2005: split
1820 --> 3,640
FY 2007: 2 for 5
3,640 -->5,096 shares
FY 2010: 1 for 1
5,096 -->10,192
FY 2016: 1 for 1
10,192 -->20,384
@6.90 on 10 Nov 2017
How much do you have now?
20,384 * 6.90 = 140,649.60
Percentage earned = 140,649.60 - 2,700 / 2,700 = 51 times.
That's fabulous!!
You have earned 51 times + free dividend for twelve years.
Invest in stock is fun.
Imagine.
If you bought 10 lots at RM27,000
You have 1.4064 mil. now.
http://bryanonsiling.blogspot.my/2017/11/how-much-can-you-make-for-top-glove.html