Insurance IPOs in 2008 vs Aggressive Growth Fund

[chibiks]

Hello,

1. Which Insurance Companies are going to or do you think will do IPOs in 2008? Most of ones with strong bullish potential are already listed and I am not a big fan of secondary market purchases. But oh well.

2. Please consider this scenario, an investor A has NGN500,000 to invest. With an Agressive Growth Fund predicted performance worst case of 45% for 2008/2009 and mean worst case of 50% in the 2008-2010 period (these predictions are made by me oh), should the investor A bother with insurance stocks? Since his capital is limited, investing in insurance may necessitate buying two or three different shares and this will reduce the effect of compounding on the money. The investor is a strong risk taker.

Is the investor better off with AGF (please i am not a marketer)- its a genuine question. I had bought Discovery Fund but it did not meet my expectations, AGF seems more like it since investor A has limited capital - might it be better knowing he has average worst cases mentioned above - instead of buying insurance companies that may take like 3 years to give significant returns and even when they do, because its like NGN250,000 investment, the returns may not be much and dividend meagre.

Please any inputs will be great.

[Avocado]

Apples and oranges.

What're the risks associated with whatever specific fund the stocks are being compared with? And, if you don't have the specific figures for a particular fund why quote data in relation to that fund? This location: http://www.stockmarketnigeria.com/fo...nds-insurance/ is meant for discussing the merits of any mutual funds available. And, if you have some hard data about your favourite fund, we should be glad to consider the fund.

Cheers.

[chibiks]

@ Avocado

Thanks very much for your wonderful reply.

[riskreturn]

News Flash today, for lovers of insurance stocks: Price of CUSTODIAN and ALLIED INSURANCE PLC (CUSTOYINS) was place on technical suspension. The Company is set to raise fresh funds through an Offer for Subscription.

[lemerriam]

Hello My people I would like to know if NEM INSURANCE IS A GOOD STOCK TO BUY AT the rate of 5.OO naira and when should i leave please contributions are needed