Janitors are becoming millionaires in this stock's 9500 per cent rally

Discussion in 'Sharemarket News & Market Analysis' started by oracle, 7th Jun, 2018.

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  1. oracle

    oracle Well-Known Member

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    Read full article here

    Just one of many examples where unbelievable amount of wealth created by an enterprise.

    Cheers,
    Oracle.
     
    oracle, 7th Jun, 2018
    #1
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  2. Scott No Mates

    Scott No Mates Well-Known Member

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    Me thinks that the lens maker's astronomical share price rise is an optical illusion.
     
    Scott No Mates, 7th Jun, 2018
    #2
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  3. willair

    willair Well-Known Member Premium Member

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    Quote..
    Leaving a 6.8 per cent stake for himself in 1994, Wang allowed quality inspectors, company cooks and cleaners to subscribe for shares at a negligible cost based on their position and years of service. While Sunny Optical doesn't break down how many shares each employee owns and it's unclear how many of them are still working at the company, data from regulatory filings compiled by Bloomberg offer a partial glimpse of the extraordinary fortunes they've amassed.

    At least Wang knew when to walk away..
     
    willair, 7th Jun, 2018
    #3
  4. PandS

    PandS Well-Known Member

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    We had plenty here too, enterprise is where big money is made
    FMG from a few cents to $80 bucks, split 1-10 so effectively $8 but you got 10x the holding, now around $4-$5

    CSL - Commonwealth Serum Laboratories, government body setup to service our nation medical need during world war 1, 2 wars over, no more war coming time to let the public have it in 1994 they list for a few bucks it nearly $200 today

    Westfield our famous immigrant Frank Lowy baby started in the 50-60 and made many millionaire who invest with him, he get big, it split, it then join again and split again and last standing are
    WFD - everything Westfield outside Australia (got taken by Unibail-Rodamco now)
    SCG - Westfield Australia & NZ

    CBA - List for a few bucks go on to top 90 and now back to where it is

    and the list goes on and on and it wont be the last plenty more will surface to make faithful investors big bucks as we become a bigger nation each year

    Adding in the dividend oh boy lot of sweet return
     
    PandS, 7th Jun, 2018
    #4
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  5. ShireBoy

    ShireBoy Well-Known Member

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    Looks similar to Cochlear (ASX:COH), just been going from strength to strength over the last decade.
     
    ShireBoy, 7th Jun, 2018
    #5
  6. PandS

    PandS Well-Known Member

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    Yup COH is another good Aussie invention and tech company, there is no shortage of good stuff on the ASX just need to research and look harder :)

    and watch for this baby one (RWC) of my favourite as we Aussie takes to the world the good old fashion plumbing works :), good action happening in the US market and we dominating it.

    Seem like price only going one way and it just up and up
     
    PandS, 7th Jun, 2018
    #6
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