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??
24-06-2019, 02:42 PM
Baa_Baa
Quote:
Originally Posted by Sideshow Bob
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?
24-06-2019, 02:45 PM
777
Quote:
Originally Posted by Baa_Baa
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.
24-06-2019, 03:09 PM
fungus pudding
Quote:
Originally Posted by Sideshow Bob
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)
24-06-2019, 03:14 PM
777
Quote:
Originally Posted by fungus pudding
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.
24-06-2019, 03:23 PM
Sideshow Bob
Quote:
Originally Posted by Baa_Baa
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.
24-06-2019, 03:27 PM
Sideshow Bob
Quote:
Originally Posted by Baa_Baa
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).
24-06-2019, 05:29 PM
Jim
I am 63, retired. bought AIA, CEN and MEL since listed. Never sold any of them.
24-06-2019, 05:55 PM
777
Quote:
Originally Posted by Sideshow Bob
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).
I have all the property companies Bob, so I am covered.
08-07-2019, 11:58 AM
percy
Quote:
Originally Posted by Apathy
Hey Percy - can we get an update please?
Big day today........$3,000,000 as PAZ hit 21 cents.Our buy price was 7 cents.