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Biggest Gainer (Own Experience)
Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
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The optimist wrote: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? No. The USD has also depreciated in real terms. Petrol was $1/gallon in the early 90s now it's $4+ per gallon. The BLS has details & stats on a lot of these prices. So if a $1 in 1990 is worth $2 today then multiply KES 4.3 by 2. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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On the long term (10 years +), it is a known fact remains blue chips are more reliable. For the past 10 years (2003 -2013) the following have brough salutory returns:- NMG EABL BAMB ARM KCB BBK SCB KPLC New entrants that may make the list in future includes :- Safcom Eqty Boc The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
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young wrote:On the long term (10 years +), it is a known fact remains blue chips are more reliable. For the past 10 years (2003 -2013) the following have brough salutory returns:-
NMG EABL BAMB ARM KCB BBK SCB KPLC
New entrants that may make the list in future includes :- Safcom Eqty Boc @Young - Long time no see. All well? Look at Centum's Pearl Marina project in Uganda. You may like it. BOC has been around for years/decades. It was known as East African Oxygen but then changed to BOC (Kenya) after Linde acquired the parent British Oxygen Company. Like you, I expect great things out of this firm. It also owns 36% of Carbacid. ARM was not a blue chip until recently. At some point it flirted with 'death' when the market for cement was down. Hats off to the CEO Pradeep Paunrana who brought it back to life! KPLC - My friend. On this one, I am afraid I disagree. With the current populist climate, it may be headed for a collapse in profitability. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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Ciao @VVS I have been available and contributing on real estate topics. The most recent below :- http://www.wazua.co.ke/f...spx?g=posts&t=24562
That means you are still a core stocks person so you may not have read real estate threads. I am 50% real estate, 50% stocks for balancing purposes as a long termer. Thanks for your info in Centum Project in Uganda. I will cross check. The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Member Joined: 11/17/2009 Posts: 398 Location: Where everyone knows you
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I have bought all my shares during IPOs. I have never sold any. Over the years, there have been bonus issues, rights issues. I don't follow the NSE closely, and only check at each month end to update my spreadsheet. Equities form a very, very small part of my investments. I am mostly into real estate and bonds Below is the performance of my best holdings, as at the end of May.
STOCK// AVERAGE COST// CURRENT PRICE// % GAIN
BBK // 2.50 // 17.95 // 618 NIC // 8.00 // 56.50 // 606 SCB // 30.65 // 300.00 // 879 KCB // 7.85 // 41.50 // 429 SCAN // 8.70 // 67.50// 676
TOTAL // 1,516,697.00 // 6,404,528.00 // 322
I also have Total, Uchumi, HFCK, NBK, KQ, Kengen & Scom.
Over the years, the dividends have paid for the initial investment
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Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi
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@Gadaffi, I am a financial nothing...and so inflation and it's calculations are as good as alien.Let me buddy around some figures though and then you tell if i am an idiot.......Looking at the number of shares currently held, i find that for each Kshs 1 i invested then,the same has grown to 237.50 as of close of business Friday the 7th June 2013.....Dividends not factored in. Nothing great was ever achieved without enthusiasm.
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Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
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@young - I stay out of direct real estate investments. Too much work. I prefer firms that have real estate & sell at a discount e.g. Centum, KenolKobil, etc [Though they may not be 100% into Real Estate] Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 9/27/2006 Posts: 503
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VituVingiSana wrote:young wrote:On the long term (10 years +), it is a known fact remains blue chips are more reliable. For the past 10 years (2003 -2013) the following have brough salutory returns:-
NMG EABL BAMB ARM KCB BBK SCB KPLC
New entrants that may make the list in future includes :- Safcom Eqty Boc @Young - Long time no see. All well? Look at Centum's Pearl Marina project in Uganda. You may like it. BOC has been around for years/decades. It was known as East African Oxygen but then changed to BOC (Kenya) after Linde acquired the parent British Oxygen Company. Like you, I expect great things out of this firm. It also owns 36% of Carbacid.
ARM was not a blue chip until recently. At some point it flirted with 'death' when the market for cement was down. Hats off to the CEO Pradeep Paunrana who brought it back to life! KPLC - My friend. On this one, I am afraid I disagree. With the current populist climate, it may be headed for a collapse in profitability. Can you confirm that statement? I thought BOC was constructing its own CO2 plant - why would it do that if it owns a stake in Carbacid?
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Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
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Co-operative bank has more than tripled in value since its listing in 2008.Remember in 2009 when there was a time it was at ksh.6bob. By early next year the counter will be trading at ksh.25. Watch this space. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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The optimist wrote: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 The march is on "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: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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My best buy remains my initial investment of 92,000 ksh which I bougt 2,000 units of KCB precisely at 45 bob per share in July 2004. The 10.1 split in 2006 gave me 20,000 units. I sold them at 45.25 bob this August 2013 which is a 1,000% gain ,the net amount was 902,000 bob. I used the proceeds to buy 122,600 units of Safaricom same August 2013 at 7.15 bob per share. In Todays closing price of safaricom at 10.80 my initial investment of 92,000 bob in your NSE in 2004 is worth 1,324,000 bob in November 2013. I thank God for that. The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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]My best buy remains my initial investment of 92,000 ksh which I bought 2,000 units of KCB precisely at 45 bob per share in July 2004. The 10.1 split in 2006 gave me 20,000 units. I sold them at 45.25 bob this August 2013 which is a 1,000% gain ,the net amount was 902,000 bob. I used the proceeds to buy 122,600 units of Safaricom same August 2013 at 7.15 bob per share. In Todays closing price of safaricom at 10.80 my initial investment of 92,000 bob in your NSE in 2004 is worth 1,324,000 bob in November 2013. I thank God for that The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Elder Joined: 10/3/2008 Posts: 4,057 Location: Gwitu
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Maybe the thread should have read biggest gainer/loser to bring afore the two sides of investing in stocks Truth forever on the scaffold Wrong forever on the throne (James Russell Rowell)
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Rank: Member Joined: 2/1/2010 Posts: 272 Location: Nairobi
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young wrote:]My best buy remains my initial investment of 92,000 ksh which I bought 2,000 units of KCB precisely at 45 bob per share in July 2004.
The 10.1 split in 2006 gave me 20,000 units. I sold them at 45.25 bob this August 2013 which is a 1,000% gain ,the net amount was 902,000 bob.
I used the proceeds to buy 122,600 units of Safaricom same August 2013 at 7.15 bob per share.
In Todays closing price of safaricom at 10.80 my initial investment of 92,000 bob in your NSE in 2004 is worth 1,324,000 bob in November 2013. I thank God for that
Well in bro! The harder you work, the luckier you get
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Rank: Veteran Joined: 1/25/2012 Posts: 1,624 Location: Langley
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kaka2za wrote:Maybe the thread should have read biggest gainer/loser to bring afore the two sides of investing in stocks There's already a thread on that. Kq takes the lead. If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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kaka2za wrote:Maybe the thread should have read biggest gainer/loser to bring afore the two sides of investing in stocks It has not been all rosy, but on the whole i have a very big positive in the sense that out of. 15 stocks I have invested in NSE at different times, I have only made losses in 2 namely Mumias bought at 18 and sold at 6.50 to cut further losses KPLC bought at pre split at 151 which translates to post split 15.10 bob. I am almost breaking even . I have not really lost as I have not sold due to my personal research that Kenya Power Sector is promising on the long term. The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Mastermind wrote:kaka2za wrote:Maybe the thread should have read biggest gainer/loser to bring afore the two sides of investing in stocks There's already a thread on that. Kq takes the lead. And mumias "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: 7/22/2009 Posts: 7,460
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Njung'e wrote:@Gadaffi,
I am a financial nothing...and so inflation and it's calculations are as good as alien.Let me buddy around some figures though and then you tell if i am an idiot.......Looking at the number of shares currently held, i find that for each Kshs 1 i invested then,the same has grown to 237.50 as of close of business Friday the 7th June 2013.....Dividends not factored in. Good for you @guka. Extremely good returns. This brings to light Warren Buffet's reasoning that before you buy something you should look at the value you could accumulate from that money in a couple of years. Imagine two fellows who had 450k each those days. One buys a car (a very nice car those days!) and the other one invests in stock (and sticks to matatus). The first one now owns a car worth like 2 bob (not to mention all the money it has chewed so far) and the other one owns shares worth more than 100 million - which he can easily double with the help of @stocksmaster. Habari ndiyo hiyo! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Member Joined: 1/1/2010 Posts: 511 Location: kandara, Murang'a
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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. So are we assuming Guka never bought land.. or does not do any trading of anything?? Guess life starts and ends with shares bought in 1990. Foresight..
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Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
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gatoho 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. So are we assuming Guka never bought land.. or does not do any trading of anything?? Guess life starts and ends with shares bought in 1990. Njunge has received bonuses, splits & dividends AND the price is way above 10/- ... I am sure he has done very well in 23 years! And this does not even account for what he did with the dividends! Reinvestment is key to superior gains. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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