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Old 30th March 2008, 11:03 AM
olusolakemmy olusolakemmy is offline
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Quote:
Originally Posted by EIC View Post
Discuss the performance of portfolio's in the SMN Investment Challenge 2007 Competition here. SMN Stock Market Investment Challenge - How much can you make with 1 Million Naira in the Nigerian Stock Market?
What do you think of the results?
now the issue is, the time frame between selection of stocks and commencement of the competition matters alot.
using myself as a case study, as at the time i chose oceanic bank, it was about N19, that was shortly after they concluded the PUBLIC OFFER, now the time the SMN challenge commenced, it was N32!!!!!!!!!, i dnt think i can buy oceanic bank at N32.
the point i try to raise is this, the market dynamic is so fast, although companies fundamental remain steady, if we will do another one say starting in july, we should find a way to make the time frame coincide,so that such thing will not reoccur.
well, i still think before june, i have good chance of doing better.
its a good challenge.
i also think we should have another version for new guys in the stock investment, so as to increase their forsight AND ways to build a good portfolio
GOOD WORK!!!!!!!!!!
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