guru267 wrote:hey wazuarians.. i've been trying to analyze at the best counters on the NSE over ten years (2020) to offer at least a possible 1000% return which means 100% return annualised...
these stocks have to be companies that have geared themselves well for exponential growth or are extremely undervalued...
wazuarians your thoughts and suggestions on your best picks will be welcome as i need them for comparative analysis...
@guru: Check you math again
If you get 100% return per year for ten years, your final value will be over 100,000% [one hundred thousand per cent]!!!!!!
Think about it, 100% return means doubling you investment; thus you are looking to double your money every year for ten years. You will end up with sh1,024 for every shilling invested. That's 100,023% ---- a lot more than 1,000%!!!!!!!!!
1,000% means you want to get ten shillings for every shilling invested. Is this what you mean?
If that is the case [and I must say the former is unrealistic, unless you want to go into drug peddling!!], then the stocks you are looking for should be expected to give you about 26% per year on average.
Looking at historical data, it turns out that you are not being too optimistic; after all the following did give over 1,000% between 2000 and 2010:
EA Cables - 1,900%
ARM - 1,800%
NBK - 1,200%
The question is: will they continue the trend for another decade?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.