@Chinwi wrote:@greedy wrote:Investment portfolio of JINS mainly consist of treasury bills and treasury bonds. During stock market boom and lower interest rates in 2010 and 2011, JINS's was not on a good side. Because they did not benefit from the stock market boom. But now the opposite happening in 2012! So... will that benefit the company in some way?
This is a very good and clever observation / understanding.
This story is same for others in the same group. CFVF, CSEC.
I think we all have knowledge to guess the outcome.
Can you remember what and how CFVF earned during 2009 ? Not from falling shares but from TB etc.
Mr. Shafter was very adamant in this case. When the shareholders pushed him last year - 2010 AGM - to invest billions they had with CFVF in shares to get better earnings in 2011/12 he (with his sister & others) never showed any intention to changed his stand . He refused and continued keeping the billions in TBs and other instruments.
I think they are going to reap the benefits this time too.
Note : I have a mixture of all 3 , JINS+CFVF+CSEC in portfolios managed by me ~ 100,000.
Thanks greedy and chinwi regarding the above valuable points.