View Single Post
  #12 (permalink)  
Old 24th April 2008, 08:21 PM
Babs_O Babs_O is offline
Senior Member
 
Join Date: Dec 2007
Location: Nigeria
Posts: 560
Rep Power: 1
Babs_O is on a distinguished road
Thanks: 2
Thanked 3 Times in 3 Posts
Default

Quote:
Originally Posted by bwalaman View Post
I would rather put it this way- Natty’ profolio show that if one harnesses all the information available to good use, it pay off… The guy is double ahead man, you got to salute.

We dwell too much on this fundamentals and technical stuff too much. Minus a handful of the NSE blue chips, I really do not think fundamentals will says it all now on the NSE.

The food for thought, the way I see it is price of oil hit $160 this week- if it continues like, Nigeria is richer, all things considered, it is more construction work, oil and maritime sector does well…possibly insurance, banking holds.

Add this type of information to a sound company / sector and wait....

X factor is the current global crisis!!! Frontier Markets are becoming a vogue… so beware. These fund manager could destroy the NSE.
Really worried about the X factor in our banks. Those guys ripped off Japan at the end of the 80's making the Nikkei index go down permanently by half. One needs to be on the look out at our NSE index for any similar signs. Pray it never happens here.
Attached Thumbnails
smn-investment-challenge-2008-nikkei-225.jpg  
__________________
The standard of living of any society is based on the goods and services available therein. The result of business ventures. Investing in Nigeria is the road map to a better society and wealth creation.

Last edited by Babs_O : 24th April 2008 at 08:36 PM.
Reply With Quote