I have had faith in your business and opted to subscribe to JINS at Rs 12 in 2008. Today the market price is Rs 15.9. After 2.5 Years of waiting my overall again is around 30%. It equals to around 12.% per annum. Last year I bought further shares around Rs 14-15. Now my again is less than 20% or 10% per year. When some shares appreciated over 500% I had faith to hold on to JINS as I believed in your business model and I believed you will take care of your investors.
In 2008 and 2009 we saw that you did take care of us with percentage wise high dividends. In 2010 we have no dividend to date, ( in 2009 we had 2). We have been waiting patiently for a long time. Investor are loosing patience which might be virtue at times and not at other times. If you have any intention of paying us any dividend this year please do so without delay your year end financials are also out. Please note there is a opportunity cost we all are sacrificing.
We will continue to be faithful but you do the same please to retain long term investors. else some of us will have to seek greener pastures.
A Long term investor on behalf of all JINS long term investors.