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ICT Zone Ventures - 8% p.a. yield, Highly not recommended to invest
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Azurika
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Mar 18 2014, 09:41 AM
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Has anybody entered share with us their profit sharing part ? Putting in a multiplier of RM5000 for a 8% PA is decent, and a 3 year buy back. On top of that, there is "Profit Sharing" I didnt go into detail, but wonder where are they generating this source of income.
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Azurika
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Mar 21 2014, 08:49 AM
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QUOTE(apathen @ Mar 21 2014, 12:00 AM) profit sharing they can declare either every year or end of tenure, according to shariah's akad mudharabah ratio will be 3:7. Their record of dividend distribution thus far: 2011 - 8% 2012 - 8+2% 2013 - 8% study their prospectus and u will know nature of their business and depict their profit margin then analyse yourself viable or not.. Kinda lazy to research on them, and since LYN has a topic, would be great if the insiders or the person who has invested can give their feedback
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