OSIM
By A Young Investor's Diary  •  May 14, 2012
Once a market darling until the notorious leveraged buyout of Brookstone in 2005, OSIM has regained its past fame being the renowned super multi-bagger company in recent years. Founded by Ron Sim in 1979, the company underwent a revamp to bring in healthcare product in 1989 and continue positioning itself as the market leader in home health-care product in its major market in Asia today. Having fully written down its flawed $144m investment in Brookstone, OSIM became a great turnaround story increasing its net profit from $99m losses in 2008 to $69m profit in 2011.

                                                      Figure 1 - 2001-2011 Financial Statement

OSIM has always been able to deliver more than 20% in return on equity before the investment in 2005 as well as from 2009 ......
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By A Young Investor's Diary
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