Shares & Derivatives
Rock Solid Shares once again
By A Pen Quotes  •  January 13, 2016
You have lousy share, ordinary shares and Rock Solid Shares. In Jan 2015, the Motley Fools did an article titled “Rock-Solid Shares to Start 2015 With”. In that article, the following shares are termed as the Great Ones:
  1. Raffles Medical Group Ltd (SGX: R01),
  2. Silverlake Axis Ltd (SGX: 5CP),
  3. Kingsmen Creatives Ltd (SGX: 5MZ),
  4. Vicom Limited (SGX: V01)
According to the article, these shares fulfilled the following requirements then:
  • (1) those with returns on equities of at least 15% on average (with no year dropping below 12%) since 2007, and
  • (2) those having more cash than debt since 2007 (with only one year where cash is lower than debt allowed).
Now I did a blog post in 22 August 2015 about the status of these rock solid shares then.
Rock Solid Shares – where are they now? (read here)
In gist, only Raffles Medical has done reasonably well till then. In Jan 2016, ......
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By A Pen Quotes
Hi, I am a typical guy born in 1976. You can call me ‘T’. Family: I have a lovely wife and 2 kids (a boy and a girl). To me, they are the best things that happened in my life. Work: I’m working full-time in the construction industry. Interests: I like to swim, draw and read up on financial articles. I have started a Youtube channel on sketches. Do check it out here.
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