In 2011, Rs63,000 could reportedly buy a Honda CD70. In a thread that travelled across Pakistani X, Aneeq Iftikhar asked what would have happened if that money had instead bought shares in Atlas Honda, the company behind the motorcycle. His answer was striking: approximately 444 shares at Rs142 each, valued at about Rs681,000 using his stated 2026 average share price of Rs1,532.70. Atlas Honda currently lists a new CD70 at Rs159,900, so that illustrative share value would buy a little over four new bikes. The last bike price is directly verifiable on the manufacturer’s website; the historical purchase price and annual average share prices in the thread still need a dated price series before they can be treated as an independently audited investment return. Fuel Efficiency & Reliability in Pakistan
The thread deserves attention because it puts a Pakistani manufacturer, a Pakistani product and the Pakistan Stock Exchange’s ATLH listing into one understandable example. It also deserves careful arithmetic. Rs63,000 divided by Rs142 is 443.66 shares: buying 443 whole shares would cost Rs62,906, leaving Rs94, while buying 444 would cost Rs63,048. That small rounding difference barely affects the illustration, but clarity matters when the conclusion is presented as a precise 15-year return.
| Item | Thread’s assumption or calculation | What it establishes |
|---|---|---|
| 2011 CD70 price | Around Rs63,000 | The proposed starting budget; independently dated evidence is still needed |
| 2011 ATLH price | Around Rs142 per share | The proposed entry price; the purchase date and treatment of corporate actions matter |
| Shares used in thread | 444 | Requires Rs63,048 at exactly Rs142 per share |
| 2026 ATLH price | Rs1,532.70 annual average stated in thread | An illustrative valuation, not a sale price on a specified day |
| Value of 444 shares | Rs680,518.80 | Arithmetic based on the thread’s assumptions |
| New CD70 price | Rs159,900 | Manufacturer’s listed price when checked |
| New CD70s represented | About 4.26 | A purchasing-power comparison, before transaction costs or taxes |
The first, second and fourth figures are attributed to Iftikhar’s thread; the current CD70 price comes from Atlas Honda. Calculated rows are our arithmetic, not additional market data. Fuel Efficiency & Reliability in Pakistan
There is a more consequential issue than rounding. Iftikhar says the Rs681,000 figure excludes bonus shares issued in 2011–2013 and that the “real number is higher.” Atlas Honda’s historical reporting does document a 25% bonus issue for 2012–13. But adding bonus shares to a present share count is only valid after establishing whether the quoted 2011 price was an actual price paid at the time or a historical price already adjusted for corporate actions. Using an adjusted historical price to calculate the original share count and then adding the bonus shares again would count the same benefit twice. The PSX ATLH page also states that its displayed historical prices are adjusted for stock splits, while its quoted returns are not adjusted for payouts; those notes do not, by themselves, settle how the thread obtained Rs142. A complete return calculation needs dated purchase and sale prices, the intervening corporate-action record and dividends attributable to the shares actually held. Until then, “closer to five bikes” is a possibility raised in the replies, not a verified result. atlashonda.com.pk
