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Biggest Gainer (Own Experience)
Rank: Elder Joined: 2/26/2012 Posts: 15,980
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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 .
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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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
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Rank: Member Joined: 2/13/2011 Posts: 284 Location: Nairobi
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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...
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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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 .
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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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.
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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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
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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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
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Rank: Member Joined: 2/20/2007 Posts: 767
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@ 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.
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Rank: Member Joined: 2/13/2011 Posts: 284 Location: Nairobi
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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.
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Rank: Member Joined: 6/14/2010 Posts: 521 Location: Nairobi
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Aguytrying wrote:HFCK bought at 14.30 in oct 2012 and im up 80% already, and i know we'll see 40.00 by end 2014. I like this stock
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Rank: Member Joined: 6/14/2010 Posts: 521 Location: Nairobi
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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, I must say am not in the loop here. I believe @Njung'e is enjoying all the dividends for the said time and the value of the investment has grown with time as well!
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Rank: Member Joined: 2/13/2011 Posts: 284 Location: Nairobi
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The optimist 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, I must say am not in the loop here. I believe @Njung'e is enjoying all the dividends for the said time and the value of the investment has grown with time as well! Ok, I dont know if I nid to explain it in my mother tongue or what, why is it so hard to grasp it .
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Gadaffi wrote: You had more value holding 1,000 in 1990 than holding 35,000 in 2013. @Gadaffi I wasnt born yesterday and neither were a lot of wazuans.. Do not use land as an example of inflation but instead you should use general goods and services to calculate inflation! Are you trying to tell me that if walked into Uchumi with 1,000 shillings in 1990 you could buy the same basket of goods that you can buy in 2013 with 35,000??? Get serious Mark 12:29 Deuteronomy 4:16
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Rank: Member Joined: 6/14/2010 Posts: 521 Location: Nairobi
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Gadaffi wrote: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. in 1990, 1 dollar was ksh 19.63. Today, the same dollar is worth Ksh 84.95 Does this not mean that the value of 1 Ksh then is Ksh 4.3 today?
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Gadaffi wrote: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. Are we comparing oranges and mangoes now? What difference would it make if he sold the share in 2000? Are you trying to say he would have made more money then? . Holding this stock is the same as holding the land that your parents hold... "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 .
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Rank: Elder Joined: 6/8/2013 Posts: 2,517
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Umuofia kwenu¡ Kuna vile my broker conned me into CFC@132 , KQ @ 70 and 110 SGL @50 and i never fired them . Sema balls of steel . Kept these in my portfolio as souvenirs for my grandkids. Never evrr trust brokers. Biggest —ve gains. Happy though with ARM,Sigara, Phombe, ReddyKilowatt na Nengen Cheques dividends NIC will fo the Math and post . Good thread "😖😡KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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Siringi wrote:Umuofia kwenu¡ Kuna vile my broker conned me into CFC@132 , KQ @ 70 and 110 SGL @50 and i never fired them . Sema balls of steel . Kept these in my portfolio as souvenirs for my grandkids. Never evrr trust brokers. Biggest —ve gains. Happy though with ARM,Sigara, Phombe, ReddyKilowatt na Nengen Cheques dividends NIC will fo the Math and post . Good thread I'll never forget Co-opTrust KQ 130 to 11/-, Mumias 19/- to 5/-. A loss of six digit figures
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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Mukiri wrote:I'll never forget Co-opTrust KQ 130 to 11/-, Mumias 19/- to 5/-. A loss of six digit figures Pole boss. pole sana. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
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Gadaffi wrote: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. Depends where you bought the plot. Just like what shares were purchased. What is the value of a plot in Rift Valley where PEV took place? Many have been abandoned. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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