I don,t know quite how to explain my point in this , but let me try.
It might also be more appropriate to an trader and not investor.
There are always article comparing the growth in various shares, but they all have certain times frames involved.
i.e. Year to date
1 Year
2 Years
But they never ever show the true picture.
To sort of explain my point (the prices ar,nt exact and there might be some calculation errors
Take Telkom, if you bought in January at a about R18.50 you would have had about 50% growth year to date
but if you bought in may at R12 you would have had 134% at the moment.
SGL if you bought in February when they listed you would have paid R16.30 a share , trading at R14.18 today, a 13% loss
If you bought them in May R6.75, would would have made 110% Profit
This is one of the reasons that trading remains a viable despite the tax implication.
I think the point I trying to get across is that there are different ways of investing.
My way has always been to look for a company that is oversold , because of short term bad news and market sentiment but is a good company.
That way you maximise profits.
Otherwise you might as well just spread your risk and go Satrix and be content with 16% growth.
There are however many good shares that just grow, like cml 138% for the 12 months without many dips, but there are very few and far between.
But on 90 day growth they are 20%, SGL 60%, TKG 54%.
Just a different perspective I suppose
