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yup! i second.
Hibiscus is profitable and growth co. The best part of it is that the co is managed by a team of trustable mgt. Worth to buy and hold for long term capital appreciation
the price of the share 10 years ago is 2.24. now 3.21. 10 year annualised return is 4.33%. just slightly better than FD. you can achieve a better return just holding maybank shares for 10 years. don't be trapped by the NTA thing bcos it share price never trade at or near NTA for past 10 years and why should Mr tan liquidate the company bcos he is paid every year by running this company.
good qr, this is closed end fund, dont look at the net profit, because it only include dividend and interest, gain in investment value is written in comprehensive income or just read the balance sheet
