Editor’s note: This article was first published in July 2010. The figures are from 2010: a 10% annual return on the notes and 25,000 new participations available from €1,200. The €2,288 gain on €50,000 between 23 December 2009 and 8 June 2010 is consistent with 10% a year. Nueva Rumasa entered insolvency proceedings in 2011; thousands of holders of its promissory notes were not repaid, and members of the Ruiz-Mateos family later faced fraud charges. This article is kept as a historical record and is not investment advice.
Investors who decided to invest in Nueva Rumasa are delighted to find that its promissory notes have been 40% more profitable than the stock market. Nueva Rumasa thanks investors for taking part, since they have helped create wealth and new jobs.
Everyone who invested €50,000 has earned a return of 10% a year, which means that between December 23, 2009 and June 8, 2010 they made a gain of €2,288.
For those interested in investing in Nueva Rumasa who don’t have €50,000, remember that 25,000 new participations have been launched, which you can buy into from €1,200.
For more information about the new participations, see Investing in Nueva Rumasa: risky or a good idea?
Further reading
- A good time to invest in Inditex
- What an investor looks at and analyzes
- Company mergers: the best time to invest
Featured image: El Pantera, CC BY-SA 4.0, via Wikimedia Commons.
