RCECAP sold and made RM760.05 from the sale

Written on August 18, 2009 – 11:56 pm | by Kampung Boy |

If you all still remember on the 25th June 2009, i wrote a post on RCECAP - Bought 5000 shares at 0.565, I have sold all my 5000 shares of RCECAP at RM0.73 on 11th August 2009.

Basically my cost price for my RCECAP is RM 2856.85 and when i sell all my 5000 shares, i got a cheque worth RM 3616.90

Total profit = RM(3616.90 - 2856.85)
= RM 760.05

% of profit = 760.05/2856.85×100
= 26.6%

In roughly 2 months time i made a handsome 26.6% of Return of Investment (ROI) from my investment which beats EPF, ASM and many others. That is why i am focusing more of my money on equities rather then those mutual funds. Better returns ma.. ^^

Proof of sales :-

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