Anyone has NTUC Income Shares?

• Peppermint

  1 Jun 05, 12:53

  as above..
• F Takumi

  1 Jun 05, 17:26

  Most Income staff have Income shares.
• le cruz

  1 Jun 05, 20:53

  Originally posted by Peppermint:

  as above..

  I bought some. Recently just received the dividends. What about them?
• crazy monkey

  1 Jun 05, 21:05

  i have also can sell them for cash or not ?
• Peppermint

  1 Jun 05, 21:42

  Originally posted by crazy monkey:

  i have also can sell them for cash or not ?

  how many shares do u have..i may buy from u ;p
• Peppermint

  1 Jun 05, 21:43

  msg removed
• Zorro79

  2 Jun 05, 10:22

  Originally posted by F Takumi:

  Most Income staff have Income shares.

  How true is this?
  
  Why is this so?
• gerrykoh

  2 Jun 05, 11:18

  Originally posted by Zorro79:

  How true is this?
  
  Why is this so?

  U need to buy share so u can get dividend/ rebates from shopping at NTUC.
  Nowadays the rebates are very little (NTUC make u pay for their magazine) so I switch to shopping at Carrefour, Shop & Save, Cold Storage cos not so crowded & the range/ products are better. [/quote]
• F Takumi

  2 Jun 05, 11:34

  Originally posted by Zorro79:

  How true is this?
  
  Why is this so?

  Income staff are given Income shares upon completion of certain length of service.
• Zorro79

  2 Jun 05, 14:40

  Originally posted by F Takumi:

  Income staff are given Income shares upon completion of certain length of service.

  I find this topic to be rather interesting so I went to find out more from my friend who is working in Income.
  
  According to him, majority of Income's shares are held by the National Trades Union Congress, the Singapore Labour Foundation and other trade unions and co-operative societies.
  
  The rest are held by individual policyholders of NTUC Income who gets to enjoy in the dividends and bonus shares of Income at a return of around 14%, an attractive return compared to fixed deposits and savings.
  
  Unfortunately, no further shares will be available for sale in the near future.
  
  That's what I know.
  
  Just sharing.
• crazy monkey

  2 Jun 05, 14:54

  Originally posted by Zorro79:

  I find this topic to be rather interesting so I went to find out more from my friend who is working in Income.
  
  According to him, majority of Income's shares are held by the National Trades Union Congress, the Singapore Labour Foundation and other trade unions and co-operative societies.
  
  The rest are held by individual policyholders of NTUC Income who gets to enjoy in the dividends and bonus shares of Income at a return of around 14%, an attractive return compared to fixed deposits and savings.
  
  Unfortunately, no further shares will be available for sale in the near future.
  
  That's what I know.
  
  Just sharing.

  where got so high.
• Peppermint

  2 Jun 05, 14:58

  its abt 5.5 on average...for period 1999 to 2003...
  
  or abt 8% if u count the bonus shares
• Zorro79

  2 Jun 05, 17:30

  The returns may not be so high but after all it is definitely more attractive than the returns from savings and fixed deposits.