Thursday, April 3, 2014


Multi bagger- J&K bank it was only in 2003 that J&K bank share price was Rs 25 only and there were no takers for it. 2014 the same is selling for Rs 1688- an approximate 68 bagger in 11 years giving an approx. 47% compounded p.a. return!!!!! If the dividends received are added to it I think the compounded p.a. return will be 71% p.a.. To top it all, in 2013, the shareholders received a Rs 50 per share dividend!!!!! twice there purchase price of Rs 25 in 2003.... A real case of having your cake & eating it too!!!!!!