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  1. #196
    percy
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    Quote Originally Posted by Left field View Post
    Well done Percy! Interestingly a similar (hypothetical and retrospective) $1m investment in PLX would have done well too.

    PAZ 7c to 20c = 185%
    PLX 20c to 80c = 300%

    Early days in a 10 yr competition. I wonder who of us will be still around for the awards ceremony!!
    PLX..I was the highest bidder for two days at 18 cents.They traded at 19 cents.I never brought any.!!..Another big mistake..lol
    Always opportunities.

  2. #197
    Senior Member
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    Can not win all the time Percy....

  3. #198
    Guru
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    well done percy your retirement fund is doing really well
    bull

  4. #199
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    Quote Originally Posted by percy View Post
    PLX..I was the highest bidder for two days at 18 cents.They traded at 19 cents.I never brought any.!!..Another big mistake..lol
    Always opportunities.
    Indeed always opportunities and although I missed PAZ, I'm happy with PLX in my portfolio.

    Must say the assumption that one would stick with one company for 10 yrs as a viable strategy is a bit suspect IMHO. ATM has so far been my longest investment at 5 yrs, and while I may well still hold some in 5 yrs, it is more likely that I'll have considerably reduced my holding and re-invested elsewhere.

    It might be interesting to see what actual NZ companies investors have stuck with for the last 10 yrs and who has done best?

  5. #200
    percy
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    I held EBO for over 25 years.I think people who brought into the IPOs of the following companies would be rather pleased they never sold.
    AIA,FRE,IFT,MFT,POT,RYM.TPW.
    Last edited by percy; 24-06-2019 at 01:13 PM.

  6. #201
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    Quote Originally Posted by percy View Post
    I held EBO for over 25 years.I think people who brought into the IPOs of the following companies would be rather pleased they never sold.
    AIA,FRE,IFT,MFT,POT,RYM.TPW.
    Thanks for sharing your experience Percy, I hope to have a few such gems in my portfolio in 25 yrs.... indeed facing 70 yrs old, I hope to be alive and well in 25 yrs!! LOL.

  7. #202
    percy
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    Quote Originally Posted by Left field View Post
    Thanks for sharing your experience Percy, I hope to have a few such gems in my portfolio in 25 yrs.... indeed facing 70 yrs old, I hope to be alive and well in 25 yrs!! LOL.
    Well I am 70.
    Just need to last another 9 years to see what share price PAZ [and PLX] are then.
    Something to live for.?..lol.

  8. #203
    Guru
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    Longest share I have held is KIP/KPG 31/3/1997 (22+years)
    Bought 18,000@1.10 Cost $19,840.
    Value now $28,922
    Total dividends received $27,528.

    A few cash issues along the way with them.

  9. #204
    Advanced Member
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    Quote Originally Posted by 777 View Post
    Longest share I have held is KIP/KPG 31/3/1997 (22+years)
    Bought 18,000@1.10 Cost $19,840.
    Value now $28,922
    Total dividends received $27,528.

    A few cash issues along the way with them.
    Equating to <5% annually on a compounding basis??

  10. #205
    Membaa
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    Quote Originally Posted by Sideshow Bob View Post
    Equating to <5% annually on a compounding basis??
    That's a bit mean spirited, if you were offered 5% compounding (linear) for 22 years, right now, would you take it?

  11. #206
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    Quote Originally Posted by Baa_Baa View Post
    That's a bit mean spirited, if you were offered 5% compounding (linear) for 22 years, right now, would you take it?
    LOL. I can take it. He could be upset knowing how many I actually hold.

  12. #207
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    Quote Originally Posted by Sideshow Bob View Post
    Equating to <5% annually on a compounding basis??
    But $92000 (or an extra 44k approx.) if dividends reinvested annually at an equal rate. And Allah alone knows what if reinvested on receipt. (quarterly)

  13. #208
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    Quote Originally Posted by fungus pudding View Post
    But $92000 (or an extra 44k approx.) if dividends reinvested annually at an equal rate. And Allah alone knows what if reinvested on receipt. (quarterly)
    Actually it works out at 4.87% (7.27% gross) with the reinvestment.

    Not my best investment but a long way from my worse ones.

  14. #209
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    Quote Originally Posted by Baa_Baa View Post
    That's a bit mean spirited, if you were offered 5% compounding (linear) for 22 years, right now, would you take it?
    Apologies I wasn't trying to be mean-spirited. Just trying to gain a little more understanding.

  15. #210
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    Quote Originally Posted by Baa_Baa View Post
    That's a bit mean spirited, if you were offered 5% compounding (linear) for 22 years, right now, would you take it?
    But today a 6 month term deposit might be 3%? Back then was about 7-8% - so completely different environments.....

    Regardless right now could go buy Argosy at 4.61% yield, and even KPG is 4.32% (after tax).

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