the breweries sector

[paragon]

hi there,
For those that want to invest in stocks that would definitely perform, i would like to give them a hint. in the economy, we have what we call primary goods. These are goods that people cannot do without like banking, food, fuel, shelther etc. Therefore if you look at these sectors in the stock market, they all give good returns on investment. Take the breweries sub sector for instance, by looking and imagining the number of people that dring beer on a daily basis, you should be able to know the amount of money these companies make.

Two years ago, their shares went for aver N100 but after constructing another factory in engu, the value dropped due to debt owed. the shares are already picking up as management has been able to handke the debt well.

think and act...

[c kenneths]

Ithink you are correct about the sectors that people should invest in, but talking about returns, Nigerian breweries are living on past glories.
We are looking for stocks that has the potential to explode later...
any ideas?.

[bwalaman]

Paragon,
Please what is the thinking on Champion Brew? They just got the right to do BECKS...
Do you know- did Becks buy into Champion as well, because that would be a good sign- ya?

Thank...

[paragon]

Champion breweries only secured a license to be the sole distributor of Becks Beer. Becks did not buy into the company. However, this alliance will boost the fortunes of the company because they will be able to export to some neighbouring west african countries