...and you posted this thread three times because?
History doesn't always repeat itself.

Bright and interesting people talk about ideas. Those of average intelligence talk about things. Stupid people talk about other people.

@Young - I got the info below from 'Mootley Fool Stock Advisor'
'Reagan's first term saw the creation of such future
giants as Sun Microsystems,Dell Computers,and Cisco
the greatest entrepreneurial burst of new
companies since the early 20th century.'
BusinessWeek
If you had put just $1,000 in each of these companies after they went public... by 1993,you would already have amassed over $40,000! And remember,that's before the big dot-com run-up...
If you still owned Sun Microsystems,Dell,and Cisco today... you would have amassed $783,930! All from just a $3,000 investment. Not bad...
Those forward-looking investors who saw the potential of the Internet and the microprocessor (Both inventions that were developed with government money) early on made a bundle!
I know the super days might be easy to come by,just curious to know in what virgin field will EABL invest in to give nearly 1000% profits? ARM,I might not doubt so much. KCB,I would rather Equity. KPLC,just like ARM,there is market for growth. Any other surprises?



PKoli

@mzee Pkoli & Others

It seems you could not imagin that in particular EABL returns ten times its value Please see below.

(i) In 2000,the average price of EABL was 85 bob. This info can be obtained from NSE itself. Up to 2005 historical prices were hosted on their website so I have the hard copy.Lets assume I bought 1000 units of EABL t in year 2000. This means I have invested 85,000 bob in yeear 2000.



(ii) EABL has taken four corporate actions namely

(a)In 2001 a bonus 1 for 5 so my units become 1,250 units

(b) In 2004 a bonus of 1 for 5 and a split of 5 for 1. Be aware EABL was as high as 500 bob per share hence the split.

1 for 5 bonus gives me 1,500 units

5 for 1 split gives me 7,500 Units

(iii) In 2007 a bonus of 1 for 5.

This gives me 9000 units



(iv) In 2009 at the average price of 140 bob

The value of my shares now is 9000 * 140 = 1,260,000

That means 85,000 bob investment (excluding dividends) in 2000 is now worth 1,260,000 bob











AFRICAN INVESTOR

@Young

Many thanks for your analysis of Breweries. I will soon be a convertee. Just a few thoughts though:

1. Possibility of near market saturation in the region,unless they venture into Ethiopia. My worry about Ethiopia difficulties in acquiring necessary operating license. I believe growth in Kenya will be determined largely by GDP growth.

2. ARM - I have no doubt,it will achieve if the Management remain focussed on their current strategy.

3. KCB - I need to be convinced.

4. KPLC - Demand in electricity and current government initiatives targetting Electricity Gen and Supply as major pillars for growth/V2030.

5. KenGen (see my comments above). Strong strategic thinking in new growth with strong emphasis on geothermal. Demand for products is huge.

6. Equity - I would like you to re-look at your KCB growth. I will take a tour of Uganda and Rwanda in Dec just to have a feel of the KCB and Equity Branch networks. Me thinks,Equity will lead the way.

My 2 cents. Happy investing and remain focussed!


PKoli