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3-9% dividend rate for current ntuc fairprice shareholders for such a monopolized lucrative profitable business? i think they have been 'shortchanged' for a long time already without realising it.
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sounds like a good place to park extra cash. how to go abt buying n selling ntuc fairprice shares ? whats the platform? pls advise me.
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(16-07-2012, 11:14 AM)Swinger Wrote: (14-07-2012, 10:38 AM)shanrui_91 Wrote: http://www.fairprice.com.sg/webapp/wcs/s...orporate=Y
https://orgnet.income.com.sg/uiGuide/gui...x?gde=3285
No longer for sales anymore, you can at most get $20 worth of share if you sign up as a member for fairprice. Heard the waiting list is extremely long if you want to buy more
"Applications for Income shares have been closed since December 2004. With surpluses accumulated over the years, we have sufficient financial resources to support our business growth. As such, we are not in need of additional capital"
I owned some Income Shares bought around 2004 and the dividends have been exactly as Shanrui has outlined. I wish to add that every interval of 5 to 10 years bonus shares may be declared. This can be taken as capital appreciation on top of the dividend.
Unfortunately they are not in need of extra capital at the moment but they may open their share subscription in the future.
Yes, i remember when we (me&wife) wanted to buy more than 10,000 shares for each of us, NTUC only offered 1000 for each of us. And that was "donkey years" ago. Sorry for the late comers. When more old folks say "Sayonara", maybe NTUC will offer again.
By the way, how to sell our shares? Or we can only redeem at "face value?"
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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Been a fan of Dairy Farm since I started investing in 2003. Didn't know anything other than "scuttlebutt" - saw that Shop and Save and Giant were always well patronised, and basically recession proof since people need groceries. And omg the smashing success of IKEA (although in Sg it's not under Dairy Farm). When I bought DF in 2003 at $2.00 people were saying it's so expensive (it was all-time high, rising from sub-$1). I sold out and bought back several times.
Just wondering what's behind the recent spike in price (10.50 to 11.50) in just 2 days??