Never Jalan is a wrong word to use on this stock, short term, may be.

I once bought this stock during 90's at Rm18.50. Now become Rm4x.xx, not yet count in around RM2-3 dividend each year.

But I don't have it now. Sold it with good profit after keep for sometime around RM25 or so (I forgot liao), may be at that time "too green" too short sighted, never realise or experience enough to know the long term benefit.

So if one kept this stock for years or decade, one is making good profit out of it, especially if accumulated 10+ year dividend alone, it should more than RM20 per share already, not yet on capital appreciation side.

My relative bought this stock last year, she is not damm rich, just ordinary working class people, she just bought 1 lot cost near 4K, she bought around Rm39 (roughly like that).

Don't tell me RM4k is not affordable for stock market kaki out there. No offence.

I don't see why cannot just buy 1 lot, you still invested 4K only, compared with buying 100 lots in 0.40 (which also 4K) some goreng stock never give dividend with poor fundamental which also 4K.

Haha, she bought it last year or so.

So if she used the 4K to buy those penny stock, high chance those 4K become 2K or less now.

A lot of people always think penny stock worth to bet on because a rise a few ten cents could mean severl ten % or 100 % rise. But how many people actually succeeding doing it? No offence.

Most either being burned or just earn a few then cabut already. Again no offence, just speaking out from experience and observation over the long term on most retail investor.

Penny stock also can go down one, not necessary must be up. In fact the risk of penny stock bursting is high though.

Don't mean penny stock is not worth, just things are not as simple as we taught.

Risk is different in both case. She made Rm1,000 steadily without much worry or looking at stock market.

Profit margin around teen number in % pa. over the long term period, is considered a very good performance in stock market.

Cheers.

I agree on the part of arguement too expensive to own one for ordinary investors on Berkshire Hathaway because 1 share already cost USD 100K already.

But still its got class B share as well which at much lower price but still is a couple of thousand as well.