Investor B put in $100,000, it becomes $1M.
Both person put in $100,000. One left with $10,000 & the other becomes a Millionaire.
Best World International (BWI) was trading at $1.16 on 25th Sept 2007.
2. Bought Ezra as it has gone down by 96% from its high.
3. Bought Falcon for growth.
Let us take a look at Falcon.
According to my records, the company made profit & paid dividends every year from 2010 to 2015.
Past Performance is not necessarily indicative of its future performance but may serve as a good guide.
Looking for a repeat of BWI.
1) the Annual Report to be out next week.
See you in 2 to 3 week's time at the AGM (Likely at the Conference Hall).
BWI and FEG are completely two different "animals", but for the sake of fun, let's do some comparisons…………………….
How much tax is to be deducted?
How much non-controlling minority interest is to be deducted?
The outlook for the offshore marine sector is bleak.
- Charter rates are at depressed levels.
Can FEG survive the "new normal" ?
What are the risks of FEG becoming the next "Swiber" or "Swissco", if the slump in oil price is prolonged?
Which is a better "bet"? BWI or FEG?
I see your points. I admired you knowledge. You are always very detailed.
I spend more time in the Golf Course & Range than studying the Individual Company's details.
I took a small part of the profit I made from BWI to invest in FEG & few other Companies.
If FEG turns turtle, I'm prepared but I hope it turns Multi-Bagger in few years' time.
Btw, I'm still vested in BWI though much reduced.
Falcon Energy Group Limited refers to the announcement released by the Company on 9 May 2018 in relation to the proposed subscription of the Subscription Shares pursuant to a conditional share subscription agreement with Mr Wong Fong Fui.
The Company announced that the completion of the issuance and subscription of the Subscription Shares has taken place today.
The gross proceeds from the Subscription is expected to amount to approximately S$1,960,000.