…I do not think a crash in the “western market” sense is not yet feasible… google Stock Market Crash for an update.
This is where we have to celebrate the in-efficiencies of the
NSE , our brokers and the system…
… for a crash to occur, a certain level of systemization and efficiency is required- we can confidently say and we confidently know that the Nigerian investment milieu (
NSE, CSCS, brokers, information etc) does not have this “perfection”. Just refer to the Threads on NASCON and the one on Brokers to see how inefficient the
NSE / Nigerian investment is…
So let’s celebrate our weaknesses… of course and exploit it… too.
Caveat…
1. A market correction is possible- the market finding a balance for particular stock is possible… you only have to look at DSR to see this trend, despite the excitement about Dangote… this is in fact happening week in – week out. Don’t be fooled, 25-35 shares loss value every week.
2. Red flag- all the FDI that is coming in and I suspect most of it is in “prefer shares” can do damage if they decide to rapidly withdraw…
What do you / we think???