07-03-2012, 03:12 PM
no doubt, certain investment made by G K Goh was quite profitable, but there were good opportunities they let go too early, e.g. Tasek Corporation.
in March 2007, G K Goh bought 24.9 million of Tasek share @RM 3.4 for long term investment.
in Nov 2008, during GFC, G K Goh, sold its entire stake in Tasek to Hong Leong Asia @RM 3.8.
today, Tasek is traded in Bursa Malaysia above RM 8 (after 1.5 to 1 share consolidation), almost RM 6 (not including any dividend, there were significant dividend declared by Tasek over these years)
Comparatively, G K Goh has been holding on their loss-making euNetwork since 2007 til now.
I don't know what to say already.
in March 2007, G K Goh bought 24.9 million of Tasek share @RM 3.4 for long term investment.
in Nov 2008, during GFC, G K Goh, sold its entire stake in Tasek to Hong Leong Asia @RM 3.8.
today, Tasek is traded in Bursa Malaysia above RM 8 (after 1.5 to 1 share consolidation), almost RM 6 (not including any dividend, there were significant dividend declared by Tasek over these years)
Comparatively, G K Goh has been holding on their loss-making euNetwork since 2007 til now.
I don't know what to say already.