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Singapore Education Forum Index -> Money Mind -> OSIM zips up in share price
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moneywise



Joined: 20 Jan 2010
Posts: 6

PostPosted: Wed Jul 21, 2010 10:42 am    Post subject: OSIM zips up in share price Reply with quote

OSIM was the best performer on the FTSE ST All-Share Index last year. Its share price jumped 669 % to close at 53 cents on Dec 31.

In mid-year 2010, its share price almost doubled its value again from the end-2009 closing.

So if you had invested $1 million in early - 2009, you would have earned over $6 million at end-2009.

And by mid 2010, you would have earned another $5 million to $6 million, assuming you did not sell at end-2009.

In total, about $11 million profit in one and a half year.

Once again, this counter demonstrates the magic of the stockmarket.
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