| December 2000 | All | Positive outlook only | |
|---|---|---|---|
| Short-term | Short-term | Long-term | |
| Average period elapsed | 24 weeks | 20 weeks | 79 weeks |
| Average gain | 36 % | 44 % | 184 % |
| Average gain annualised | 130 % | 158 % | 90 % |
| Average cost per 100 shares | R 3470 | ||
|
The full list of ShareFinder's selections on a monthly basis is available by clicking on the above link. Be aware that it is a large document, in excess of 50kB, and may take a few minutes to load. For convenience it will open in a new browser window. |
The above performance statistics were derived from the ShareFinder Programme medium-term recommendations that have been published in the monthly Prospects investment newsletter since the launch of the ShareFinder 2 programme in September 1990; i.e. we used only those selections for which a verifiable documented prediction exists.
Though the programme selects a number of shares to buy and sell each day, in order to derive these statistics we assumed that only the topmost Royal or, in the absence of Royals the topmost Blue Chip was bought on the day the programme recommended it. We did not buy when the programme's Overall Market Strategy report was "Prepare to Sell" "Sell" or "Sell Sell Sell". Since similar verifiable documentation does not exist of ShareFinder's subsequent "Sell" signals, we chose as our selling price the subsequent MAJOR share price peak.
From the above one might conclude that the average price of 100 shares selected by the ShareFinder Royals module is currently R3 368 and that were it held for an average period of 21 weeks it could be expected to gain 39 percent. That figure represents and annualised gain of 137 percent. An investor who elected to hold such shares for an average period of 84 weeks might expect an average gain of 144 percent which represents an annualised 78 percent.
One billion
The practical implication of these statistics is that an investor with a total capital of R16 840, who elected to invest an average of R3 368 each month for five months theafter selling out each as it reached a price peak and using the proceeds to buy the latest ShareFinder selection, would on average see his original investment grow at 137 percent annually.
If he continued this comparatively leisurely trading process he would see his original sum of R16 840 grow to an astounding R94 151 132 in ten years and soar on to one billion a little over two years later.
Better still, these performance statistics are for the entire period
since the launch of the first integrated fundamental/
The performance of the ShareFinder"2 programme from September 1990 to June 1988 produced an average annualised gain of 132 percent, as may be seen in this summary while from July 1988 the ShareFinder 4 has produced an annualised 140 percent.
Compounding R16 840 at 140 percent annually would produce one billion Rands in just less than ten years.
