MTQ Corporation

[lilvestor]

If you had bought MTQ in 2 April 2010 at 78 cents, the current worth of your shares is $1.14 (after adjusting for the 2 rounds of bonus) and ignoring the extra dividends from your bonus share, you would have collected 20 cents of dividends. MTQ's CAGR is 11.4% for the past 5 years even taking into the account the recent share price rout, while the STI Index has not even delivered 8%. Even the star performers in the STI index like DBS delivered less than 11% CAGR!

<top 10 watchlist but not vested>

Don't get me wrong, I wasn't complaining about the 5yr CAGR of MTQ, my point was that I should have sold this when the market grossly overvalued this stock, but I obviously didn't because I was planning to hold on to this "forever". Hence the view that long term investing seems pointless to me, God knows when I will be able to sell this for that kind of returns again, probably never I think.

Btw 11% CAGR is excellent for a blue chip like DBS, most people have large cap blue chips in their portfolio for stability/dividends, not growth.