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Biggest Gainer (Own Experience)
young
#51 Posted : Friday, November 29, 2013 6:59:54 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria
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. .
young
#52 Posted : Friday, November 29, 2013 7:01:40 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria
]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. .
kaka2za
#53 Posted : Saturday, November 30, 2013 10:43:46 AM
Rank: Elder

Joined: 10/3/2008
Posts: 4,058
Location: Gwitu
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)
kryptonite
#54 Posted : Saturday, November 30, 2013 11:19:16 AM
Rank: Member

Joined: 2/1/2010
Posts: 272
Location: Nairobi
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
Mastermind
#55 Posted : Saturday, November 30, 2013 11:20:27 AM
Rank: Veteran

Joined: 1/25/2012
Posts: 1,624
Location: Langley
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.
young
#56 Posted : Saturday, November 30, 2013 12:20:06 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria
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. .
murchr
#57 Posted : Saturday, November 30, 2013 4:17:28 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
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 smile
"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
.
MaichBlack
#58 Posted : Saturday, November 30, 2013 6:28:56 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,836
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.
gatoho
#59 Posted : Sunday, December 01, 2013 4:16:23 AM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
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..
VituVingiSana
#60 Posted : Sunday, December 01, 2013 6:04:17 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,344
Location: Nairobi
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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