QUOTE(panasonic88 @ Jan 14 2008, 09:35 PM)
wow, another long term PBBANK shareholder!
our friend cherroy owns PBBANK-01 shares for 7 years (or maybe more) already, he bought it dirt cheap, 1.xx only

Yup it was Pbbank-O1.
It may be once a life time opportunities, due to financial crisis which is very very severe at that time. To be precise it was 0.88 (I remembered because of this figure also

), but back then it is a 0.50 Par value share, it was being merged intp Rm1 par value shares year ago, so 2 shares become 1 share. It is nothing to shout about, a lot of people suffer significant loss during that year (1998) including me, not the like of subprime plunge in the August, (just a peanut if really want to compare, it is similar to housing stocks in US currently, to be more like to like comparison, housing stocks in US has already dropped more than 50-70% now) but market across even good stocks are dropping more than 50% and more.
It occassionally does give out bonus issue, but personally view bonus issue is not actually a 'bonus', your holding value is still the same, if price doesn't go up. Nothing changes much due to bonus issue alone.
80% of annual return over long term is almost impossible, but 1-3 years average can be, but not 5-10 years time. Long term (decades) of return rate 20% pa and above is considered very good already.
This post has been edited by cherroy: Jan 14 2008, 09:52 PM