These are the best-performing JSE-listed companies over the last 20 years

[mylesillidge]

This South African stock turned R1,000 into R1 million in twenty years

Capitec has been the best performing JSE-listed share over the last 20 years, with total shareholder returns of 108,000% — or 42% per year.

Put another way — if you invested R1,000 in Capitec Bank shares in 2002, this investment would now be worth R1.1 million today.

 

[Joe Average]

I would not hold onto Capitec shares because their PE ratio is just to high. What goes up needs to come down again. I would sell them, IMHO.

 

[Pak Fa Fui]

Capitec was around in 2002, who knew
That was PS2 money back then

 

[rvZA]

If this is the best SA has to offer, then the JSE and any person investing in it, has big, big trouble in future.

 

[yebocan]

So Viceroy Research, you were saying...

 

[Unreal]

Dammit, I bought R20,000 shares in SASOL around the same time. I’d be so rich

 

[The_Right_Honourable_Brit]

I remember an old forumite - think his name was Marco - hyping up Capitec around 2012. He got a lot of stick for it from people who styled themselves as "investment pros" (or imitated they worked in financial services).

 

[ForceFate]

If this is the best SA has to offer, then the JSE and any person investing in it, has big, big trouble in future.

Which stocks produced similar or better returns in any of the developing countries? I'm curious.

 

[ForceFate]

So Viceroy Research, you were saying...

They lost the battle.

 

[supersunbird]

This article is 20 years too late.

MyBB is only 19 years old.

 

[Swa]

Thanks for telling me in 2002. Seriously though they've probably hit their peak. The market is saturated and analysts didn't take too kindly to their pro competitive measures. SMS was big revenue contributor (which is a bit disgusting to me) and was cut almost in halve as well as people opting for in app notifications.

 

[NarrowBandFtw]

they have big plans in the business market through Mercantile Bank, which they bought in 2019

two years later and it's still just in the planning stage?

 

[Pegasus]

I remember an old forumite - think his name was Marco - hyping up Capitec around 2012. He got a lot of stick for it from people who styled themselves as "investment pros" (or imitated they worked in financial services).

It wasn't Capitec, it was Coronation asset managers. He invested all he had in his pensionone share. He ended up losing money when the bull run ended. He also lost money in CGT whenever he got scared and sold his holding and bought it back again
He didn't understand market cycles, diversification or bubbles.

Note the share price from 2012 to today.