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- Your $1m inheritance is locked for 10 years in one company, which one ?
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23-06-2019, 03:29 PM
#191
Originally Posted by percy
Above posted 23-06-19
Well a year later the $1mil inheritance has grown to $2,857,142,with PAZ's share price going from 7 cents to 20 cents.
"Well positioned."
Thats a pretty fabulous return in a year Percy! WOW! Onwards and upwards!
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24-06-2019, 07:56 AM
#192
Originally Posted by RupertBear
Thats a pretty fabulous return in a year Percy! WOW! Onwards and upwards!
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!!
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24-06-2019, 08:10 AM
#193
Originally Posted by Left field
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.
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24-06-2019, 08:31 AM
#194
Can not win all the time Percy....
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24-06-2019, 08:45 AM
#195
well done percy your retirement fund is doing really well
one step ahead of the herd
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24-06-2019, 12:36 PM
#196
Originally Posted by percy
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?
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24-06-2019, 12:50 PM
#197
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.
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24-06-2019, 01:40 PM
#198
Originally Posted by percy
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.
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24-06-2019, 01:50 PM
#199
Originally Posted by Left field
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.
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24-06-2019, 02:03 PM
#200
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.
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