Wazua
»
Investor
»
Property
»
1m invested near Nairobi 10yrs ago now worth 8.5m
Rank: Member Joined: 3/26/2012 Posts: 830
|
MugundaMan wrote:S.Mutaga III wrote:1 million invested in Safaricom on 23rd January 2009 is worth about 9.3 million today.
Initial buying price = Ksh 3.10 per share.
Current price = Ksh 24 per share.
The investor would have afforded about 320,000 shares. Dividends earned since then at 5% withholding tax are as follows.
2009 = @0.1 per share Ksh 30,400
2010 = @0.2 per share Ksh 60,800
2011 = @0.2 per share Ksh 60,800
2012 = @0.22 per share Ksh 66,880
2013 = @0.31 per share Ksh 94, 240
2014 = @0.47 per share Ksh 142,880
2015 = @0.64 per share ksh 194, 560
2016 (special dividend) = @0.68 per share Ksh 206, 720
2016 (final dividend) = @0.76 per share Ksh 231,040
2017 = @0.97 per share Ksh 294,880
2018 = @1.10 per share Ksh 334,400
Total Dividend Income = Ksh 1,717,600
Ksh 1,717,600 + (Ksh 320,000*24)= Ksh 9,397,600
1 million invested exactly 10 years ago in Safaricom is now worth 9.3 million assuming that the investor did not re-invest the dividends to compound returns. If he/she had compounded the returns i.e dividends, the return would be higher.
Unlike the stories given by journalists, you can verify this return at the comfort of your home in near precise shilling figures.
Happy Hunting. And 1 million invested in a squalid piece of land in Kakamega would have returned 171 BILLION to date so what's your point?  Let me put an end to this nonsensical debate you keep tagging me in. Real estate makes money. Stocks make money. This is not an either/or scenario. I personally invest in both and have made money in both. If you don't like stocks, that is understandable. Stick exclusively to property and let stock investors do their thing without dragging them into debates. A successful man is not he who gets the best, it is he who makes the best from what he gets.
|
|
|
Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
|
Funny how a debate becomes "nonsensical" only after a person loses it This is the same njamaa who tungad looooong PhD quality inshas extolling the superiority of NSE over real estate fuaaaaaaaaaa just a few weeks ago . Until some gullible people were actually convinced. Wapi?
|
|
|
Rank: Member Joined: 3/26/2012 Posts: 830
|
MugundaMan wrote:Funny how a debate becomes "nonsensical" only after a person loses it This is the same njamaa who tungad looooong PhD quality inshas extolling the superiority of NSE over real estate fuaaaaaaaaaa just a few weeks ago . Until some gullible people were actually convinced. Wapi? The problem is that you have an annoying tunnel vision that you try to impose on anyone with a different world view from your own. It doesn't work like that. We know that you are a Migunda guy, and I suggest you stick to what you know. Just because someone prefers different investments that you failed in doesn't mean he/she is stupid. I have made money in land, and I have made money in stocks and I will always prefer stocks over land despite investing in both. You should have a little respect for other people's point of view. A successful man is not he who gets the best, it is he who makes the best from what he gets.
|
|
|
Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
|
|
|
|
Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
|
S.Mutaga III wrote:
The problem is that you have an annoying tunnel vision that you try to impose on anyone with a different world view from your own. It doesn't work like that. We know that you are a Migunda guy, and I suggest you stick to what you know. Just because someone prefers different investments that you failed in doesn't mean he/she is stupid. I have made money in land, and I have made money in stocks and I will always prefer stocks over land despite investing in both. You should have a little respect for other people's point of view.
Funny how - if this article above is anything to go by - THE FACTS and THE REPORTS (not penned by me) seem to somehow always align with "Mugundaman's tunnel vision" at the expense of your alternate world view Anywhoo..Jienjoy your stocks papa!
|
|
|
Rank: Member Joined: 3/26/2012 Posts: 830
|
MugundaMan wrote:S.Mutaga III wrote:
The problem is that you have an annoying tunnel vision that you try to impose on anyone with a different world view from your own. It doesn't work like that. We know that you are a Migunda guy, and I suggest you stick to what you know. Just because someone prefers different investments that you failed in doesn't mean he/she is stupid. I have made money in land, and I have made money in stocks and I will always prefer stocks over land despite investing in both. You should have a little respect for other people's point of view.
Funny how - if this article above is anything to go by - THE FACTS and THE REPORTS (not penned by me) seem to somehow always align with "Mugundaman's tunnel vision" at the expense of your alternate world view Anywhoo..Jienjoy your stocks papa! Stick to what you know and leave what you don't understand to those that do. Tupatane forbes in a few years. The end justifies the means. A successful man is not he who gets the best, it is he who makes the best from what he gets.
|
|
|
Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
|
|
|
|
Rank: Veteran Joined: 3/25/2010 Posts: 939 Location: Nai
|
hii dustbowl ni wapi?? 
|
|
|
Rank: Member Joined: 7/1/2009 Posts: 256
|
S.Mutaga III wrote:MugundaMan wrote:S.Mutaga III wrote:
The problem is that you have an annoying tunnel vision that you try to impose on anyone with a different world view from your own. It doesn't work like that. We know that you are a Migunda guy, and I suggest you stick to what you know. Just because someone prefers different investments that you failed in doesn't mean he/she is stupid. I have made money in land, and I have made money in stocks and I will always prefer stocks over land despite investing in both. You should have a little respect for other people's point of view.
Funny how - if this article above is anything to go by - THE FACTS and THE REPORTS (not penned by me) seem to somehow always align with "Mugundaman's tunnel vision" at the expense of your alternate world view Anywhoo..Jienjoy your stocks papa! Stick to what you know and leave what you don't understand to those that do. Tupatane forbes in a few years. The end justifies the means. @SMutagaIII I would suggest you learn to pick your fights...biting every bait thrown your way will wear you out pointlessly. Some of us value your contributions and hate to see you so easily distracted.
|
|
|
Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
|
Monk wrote:S.Mutaga III wrote:MugundaMan wrote:S.Mutaga III wrote:
The problem is that you have an annoying tunnel vision that you try to impose on anyone with a different world view from your own. It doesn't work like that. We know that you are a Migunda guy, and I suggest you stick to what you know. Just because someone prefers different investments that you failed in doesn't mean he/she is stupid. I have made money in land, and I have made money in stocks and I will always prefer stocks over land despite investing in both. You should have a little respect for other people's point of view.
Funny how - if this article above is anything to go by - THE FACTS and THE REPORTS (not penned by me) seem to somehow always align with "Mugundaman's tunnel vision" at the expense of your alternate world view Anywhoo..Jienjoy your stocks papa! Stick to what you know and leave what you don't understand to those that do. Tupatane forbes in a few years. The end justifies the means. @SMutagaIII I would suggest you learn to pick your fights...biting every bait thrown your way will wear you out pointlessly. Some of us value your contributions and hate to see you so easily distracted. Good advice but that does not change the 1m to 8.5m REALITY vs the 480k loss reality What you and Mutaga do in your spare time is your private business to be taken to other threads where you can pat each other on the back all day for investing in Safcon and Mumias 
|
|
|
Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
|
Dustbowl County now the richest in Kiinya: https://naijaquest.com/richest-counties-in-kenya/
I predict that DC's population will DOUBLE by 2022. Mostly as the wealthy urban middle class moves in, Incredible opportunities therefore exist for corporates, the construction industry and service & hospitality industry to cater to the upcoming superboom. Msiachwe nyuma!
|
|
|
Rank: New-farer Joined: 12/28/2018 Posts: 70 Location: Helsingborg, Sweden
|
It's good to see it's so much booming for Kenyan people, good to see your and our I would say, country are developing, that means life is good here and people want more to grow here and then go abroad really. It's not like that with real estate investment in many countries.
|
|
|
Rank: Member Joined: 3/1/2019 Posts: 170 Location: Nairobi
|
2Czar wrote:It's good to see it's so much booming for Kenyan people, good to see your and our I would say, country are developing, that means life is good here and people want more to grow here and then go abroad really. It's not like that with real estate investment in many countries. "And then go abroad..." am not following. Elaborate
|
|
|
Wazua
»
Investor
»
Property
»
1m invested near Nairobi 10yrs ago now worth 8.5m
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.
|