Your $1m inheritance is locked for 10 years in one company, which one ?

[percy]

Arguably THE most controversial thread I ever started with some real roller coaster consequences but crikey am I pleased I did !
PAZ a very good company with very strong growth propsects. Thank you Percy.

Well we are nearly 4 years on and our $1mil locked into PAZ is currently worth $8.71 mil.
Way we are travelling I expect it will be worth nearly $25mil at the end of the 10 years.
However with their two new fantastic state of the art factories due to come on stream in the next year or 2 who would know.
Adding fuel to the fire I note they have enough land at Rolleston to build even more production capacity.
Maybe our $1mil may grow to between $30mil and $40mil.Thank goodness it is locked away for another 6 years.
"Well positioned,."...lol

[RupertBear]

Well we are nearly 4 years on and our $1mil locked into PAZ is currently worth $8.71 mil.
Way we are travelling I expect it will be worth nearly $25mil at the end of the 10 years.
However with their two new fantastic state of the art factories due to come on stream in the next year or 2 who would know.
Adding fuel to the fire I note they have enough land at Rolleston to build even more production capacity.
Maybe our $1mil may grow to between $30mil and $40mil.Thank goodness it is locked away for another 6 years.
"Well positioned,."...lol

Thats awesome Percy, you are indeed very well positioned

[percy]

Thats awesome Percy, you are indeed very well positioned

Pity in real life I did not have a spare $1mil to lock up for 10 years.
However I did invest far more than was prudent.!..lol

[Beagle]

Arguably THE most controversial thread I ever started with some real roller coaster consequences but crikey am I pleased I did !
PAZ a very good company with very strong growth propsects. Thank you Percy.

A LOT has changed since that post nearly 2 years ago In June 2020. They have certainly been on a baptism of fire journey with their growth aspirations and its not over yet by any means. PAZ face a gargantuan sized challenge immediately ahead trying to find the manpower to run all their new plant and machinery when they're already 20% short and don't appear able to solve their existing staff crisis issues. Trying to solve that massive problem probably has major implications for pay rates and consequently quite serious flow on effects to the profitability of the company in the future. Its acts like a huge handbrake on earnings growth. We've all seen how the rapidly escalating pay rates for companies like OCA has really sucked the life out of earnings growth for them. One problem child in my portfolio is more than enough for me lol

$1m today invested in HGH will give investors a gross yield of (my estimate) 8.4% in FY23 ($84,000 per annum gross income) and they have a well proven and long track record of steadily growing earnings and dividends so it won't be long until that million generates $100,000 annual income !
The perfect stock, (trading on compelling metrics in the early teens PE), for those looking for growth and high level's of income that continue growing.

[percy]

What was the point of starting the tread?

[couta1]

What was the point of starting the tread?

Boredom...

[Rawz]

The point was where would you put $1m for 10 years and Percy is saying the PAZ short term hurdles don’t matter with a 10 year investment time horizon

[blackie]

Boredom...

not as boring as your great contribution

[couta1]

not as boring as your great contribution

Been too busy with the grandkids and out catching snapper, what's your excuse for your 39 posts?

[percy]

The point was where would you put $1m for 10 years and Percy is saying the PAZ short term hurdles don’t matter with a 10 year investment time horizon

Exactly.............
Although the $1mil has already grown to $8.71 mil in just 4 years.