Which of these public offerings makes more sense?
For the next 6 months of the year, it is being rumored (and many of the rumours are very well founded) that the Capital market is said to be bombarded with wave after wave of public offerings.
The names popping include Access, FCMB, Fidelity, Skye, PHB, Wema, Diamond, Japauloil, Dangote and his portfolio amongs many others. Many more names are being drawn up daily.
If we take a period of 12 months to 24 months, which of these offers would generate more value? Which of these companies will make the best use of the money in terms of earnings? Which of these companies will enjoy the most support or trust from investors, hence appreciate higher? On the contrary, which of these companies will be back again in 15 months asking us for more money? Which of the managers, ceos, oard of directors is more result oriented and can deliver? Which companies have the most potential?
Diversification is an option but even then if you diversify over 10 public offerings, your average performance will be significantly lower than someone who diversifies who invests in the 3 best performers.
So gurus, investors, brokers, ppl...what do you think? Which offers stand up in your mind as a better bet? Lets reason together...
During public offerings, issuing houses and stockbroking firms will market and market and bullshit just to get their commissions so lets reason before they begin their drumming.
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