Wazua
»
Investor
»
Stocks
»
Biggest Gainer (Own Experience)
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
Gadaffi wrote:murchr wrote:Gadaffi wrote:Njung'e wrote:NMG.....Bought my first lot in 1990 at 10 bob a piece (IPO).I have lost count of splits,bonuses and dividends. Njunge, why hold on a stock 4 that long. R u considering time value of money. The real value is actually very low when u do ur math considering all relevant factors Njunge is a buffet, an investor buys companies he believes in not a trader At what point then does he realise its value. It more or less sounds like he has an emotional attachment to this stock, else, i cant seem to make sense of it. Let me ask do you mean value = cash? As in liquid money? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
|
|
|
Rank: Elder Joined: 7/26/2007 Posts: 6,514
|
EABL!!!! The king of the NSE Bought at 60/= around 2008 I think, don't remember. Countless bonuses and dividends etc. Business opportunities are like buses,there's always another one coming
|
|
|
Rank: Member Joined: 2/13/2011 Posts: 284 Location: Nairobi
|
murchr wrote:Gadaffi wrote:murchr wrote:Gadaffi wrote:Njung'e wrote:NMG.....Bought my first lot in 1990 at 10 bob a piece (IPO).I have lost count of splits,bonuses and dividends. Njunge, why hold on a stock 4 that long. R u considering time value of money. The real value is actually very low when u do ur math considering all relevant factors Njunge is a buffet, an investor buys companies he believes in not a trader At what point then does he realise its value. It more or less sounds like he has an emotional attachment to this stock, else, i cant seem to make sense of it. Let me ask do you mean value = cash? As in liquid money? Nope, if u r to do computation in terms gains over the years but considering each year separately, u will find that Njunge could have enjoyed value (NOT CASH), if he disposed off the stock, may be, 5 years ago when inflation rate, as one factor, ws lower than today or tomorrow...
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
Gadaffi wrote:murchr wrote:Gadaffi wrote:murchr wrote:Gadaffi wrote:Njung'e wrote:NMG.....Bought my first lot in 1990 at 10 bob a piece (IPO).I have lost count of splits,bonuses and dividends. Njunge, why hold on a stock 4 that long. R u considering time value of money. The real value is actually very low when u do ur math considering all relevant factors Njunge is a buffet, an investor buys companies he believes in not a trader At what point then does he realise its value. It more or less sounds like he has an emotional attachment to this stock, else, i cant seem to make sense of it. Let me ask do you mean value = cash? As in liquid money? Nope, if u r to do computation in terms gains over the years but considering each year separately, u will find that Njunge could have enjoyed value (NOT CASH), if he disposed off the stock, may be, 5 years ago when inflation rate, as one factor, ws lower than today or tomorrow... May be the question should be, has the compounding effect of NMG beaten the inflation rate? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
|
|
|
Rank: Veteran Joined: 6/17/2009 Posts: 1,627
|
KulaRaha wrote:EABL!!!! The king of the NSE
Bought at 60/= around 2008 I think, don't remember. Countless bonuses and dividends etc. EABL @60??...that must be around the years @Njung'e bought his NMG.The lowest EABL went during the 08-09 GFF was around 95-100 price range.
|
|
|
Rank: Elder Joined: 7/26/2007 Posts: 6,514
|
cnn wrote:KulaRaha wrote:EABL!!!! The king of the NSE
Bought at 60/= around 2008 I think, don't remember. Countless bonuses and dividends etc. EABL @60??...that must be around the years @Njung'e bought his NMG.The lowest EABL went during the 08-09 GFF was around 95-100 price range. Then maybe before 08...I only rem the price when I get dividend! Business opportunities are like buses,there's always another one coming
|
|
|
Rank: Elder Joined: 11/27/2007 Posts: 3,604
|
|
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
Gadaffi wrote:Njung'e wrote:NMG.....Bought my first lot in 1990 at 10 bob a piece (IPO).I have lost count of splits,bonuses and dividends. Njunge, why hold on a stock 4 that long. R u considering time value of money. The real value is actually very low when u do ur math considering all relevant factors @Gadaffi maybe you are struggling a little with the Math involved here... Lets say you had 1,000 shillings in 1990 and bought 100shares of NMG at 10bob... Without taking into consideration any splits, bonuses and dividends your 100shares would be worth 35,000 shillings today at 350bob... That said, are you trying to imply that 35,000 shillings today is equivalent to 1,000 shillings in 1990??? Mark 12:29
Deuteronomy 4:16
|
|
|
Rank: Member Joined: 2/20/2007 Posts: 767
|
 @ kularaha and @njunge, it has always been said that over the long term, investment in stock market beats all other investments and comes only second to a business that is making profits. Though I know other stocks could have made losses over the long term, I feel emboldened to hold on to my stocks for retirement. They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
|
|
|
Rank: Member Joined: 2/13/2011 Posts: 284 Location: Nairobi
|
guru267 wrote:Gadaffi wrote:Njung'e wrote:NMG.....Bought my first lot in 1990 at 10 bob a piece (IPO).I have lost count of splits,bonuses and dividends. Njunge, why hold on a stock 4 that long. R u considering time value of money. The real value is actually very low when u do ur math considering all relevant factors @Gadaffi maybe you are struggling a little with the Math involved here... Lets say you had 1,000 shillings in 1990 and bought 100shares of NMG at 10bob... Without taking into consideration any splits, bonuses and dividends your 100shares would be worth 35,000 shillings today at 350bob... That said, are you trying to imply that 35,000 shillings today is equivalent to 1,000 shillings in 1990??? @ Guru, I have said it and will say it again; do not let the many digits impress you, its not about the cash, its about its value. My parents bought a plot in the 90's at 15k but the market value today (as per last year) was 3.8m. You had value holding 1,000 in 1990 than holding 35,000 in 2013.
|
|
|
Wazua
»
Investor
»
Stocks
»
Biggest Gainer (Own Experience)
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|