if you bought 100 Wal-Mart shares in Dec 1972 for $3,450, a year later your investment had shrunk in value to $1,400. Say you grimly hung on for another year. By the end of 1974, your Wal-Mart stake was worth $950, as its share price had tumbled to $9.5. You'd lost 75% of your investment in two years.
If you'd bought 100 Wal-Mart shares 30 years ago, for $34.5 each you invested $3,450. Today, after nine stock splits, you'd be the proud owner of 51,200 shares worth $49 each. Or: over $2.5 million. And that doesn't even factor in the dividends you reaped over the years, which if reinvested in Wal-Mart stock could be worth hundreds of thousands more.
so even after 75% erosion of ur initial investment you wud have amde a killing...
that makes it approx a 800 bagger....basant ji pantaloons has been till now a 50 bagger or more....???
walmart started with a mcap of approx 0.275 billion dollars and today it is close to 180 bn dollars .....
pantaloons is only 7000 crore mcap company....while retail is shaping up as next big thing pantaloons might be the player from retail sector to make it to sensx and nifty...
Edited by tyler_durden - 27/Aug/2007 at 3:13pm