Black Monday

[Panda-NZ-]

You would have missed out on a x5 increase in the NZX during that time.

Even the ASX 200 has done better.

European stocks are good for picking bottoms though. find a country to invest in then once it hits the support level... BUY.

[Bjauck]

You would have missed out on a x5 increase in the NZX during that time.

Even the ASX 200 has done better.

European stocks are good for picking bottoms though... find a country to invest in then once it hits the support level... BUY.

Yes The opportunity cost of investing in the FTSE100 would have been significant over the period.

[Daytr]

Care to share some? I am in QPM - come across that?

No I don't know QPM or any of the board or management. I just skimmed the quarterly and it appears they are more a processing company than a mining company. Is that correct?
Nickel processing always has huge Capex attached to it, dealing with extreme heat & acidic liquid that melts steel in months.

Re companies I am looking at, I will pass on a few names as I get set. A little local gold miner NTL looks like it might finally get going this year. Never going to be huge but at $9M market cap it won't take much for it to double or triple etc.

[clip]

Valuegrowth, which company was it that you had a 4000% gain on?

I'm convinced it's a bot account

[SailorRob]

I'm convinced it's a bot account

Honestly it really seems so to me. I'm not trying to be a fwit. That's why I asked about being foreign, something is off with the comments and answers.

People are playing around with ChatGTP plug ins and testing them at auto communicating with humans etc.

[SailorRob]

Yes The opportunity cost of investing in the FTSE100 would have been significant over the period.

Remember it's not just the addition of dividends but the compound effect of reinvesting them. Should be somewhere that computes it.

[SailorRob]

You would have missed out on a x5 increase in the NZX during that time.

Even the ASX 200 has done better.

European stocks are good for picking bottoms though. find a country to invest in then once it hits the support level... BUY.

What was the time frame you are referring to where NZX has 5 fold increase?

[SailorRob]

You would have missed out on a x5 increase in the NZX during that time.

Even the ASX 200 has done better.

European stocks are good for picking bottoms though. find a country to invest in then once it hits the support level... BUY.

Yeah, you're comparing the NZ50G with the UK index. One Gross one not.

NZ outperformed I'd say but nowhere near 5x vs flat.

UK done just over 4% CAGR from the top of the dot com cycle with dividends reinvested. So with currency you would not have done well at all in NZD.

Not sure what NZX returned from the very top of that cycle but obviously better.

From when the index was invented in 2003 done pretty well but that's off a bottom not a top.

NZ Gross done 8.9% from July 03 vs sp500 9.6 both total returns.

[Valuegrowth]

UK companies who benefit from weak pound are:

Ab Foods(50 bagggar)
Diageo
GSK

[SailorRob]

UK companies who benefit from weak pound are:

Ab Foods(50 bagggar)
Diageo
GSK

Thankyou for that information Valuegrowth.

You have told us that you have had one 50 bagger yourself.

Could you provide us with the name of this company that you personally had a 4000% return from?

Thanks.