Monday, November 8, 2010

Can you get ROI of over 1,000% in 10 years?

Recently just take a look into Supermax account, as requested by a friend to do some research for her.

Quite surprise that this company gives investor a 1,000% return in 10 years.

At the point of writing, the price is RM4.50-RM4.51 and with a latest rolling-4Qs EPS of 53.494 sen. That translate into a 11.86% earnings yield, which is more than 400% of fixed deposit rate. Isn't it consider a good buy?

Have your Unit Trust investments given you a good return?

Source: Supermax's annual report 2009, page 13.