What I have really learned from this is that dividends do matter and it matters a lot. My mum told me that it was my dad who used her account to purchased the stock. She couldn't remember when was the stock purchased but it was pretty long time ago at about early 2000s or late 1990s.
She purchased 4000 units of K1 ventures at a price of $1.69 so it translates to a total amount of $6760. I was shocked when I discovered the amount and that the stock has been suspended. So I decided to help her calculate the amount of dividends (obtain from dividends.sg) she has received over the years and hopefully it has covered her principal amount and if lucky, has provided her some profit. Since I would not know when she purchased it and would only know if I checked with the bank, I will use a rough estimate that she had purchased the stock on year 2000. Below is a tabulation of dividends she would have received thus far:
So as we can see above, my mum has received dividends of $5540.40 over the last 17-18 years with K1 ventures. This means that she has a loss of $1219.60 not inclusive of the bank service charges she has incurred over the years as it is a CPFIS with UOB. This has made me to think that firstly, buying into a business always carries some form of risk and doing your due diligence before buying in is very important. Secondly, without the dividends provided, my mum would have made a complete loss of $6760. Overall, my mum generally do not invest and this is one of the rare few that my father used her money to invest. As of now, the K1 ventures have been suspended and the statement sent to my mum shows suspended. Does anyone know what it means? With a SUSP in its valuation, does it mean that there is a chance for it to trade one day?