|
|
Posted: Jan 9th, 2008 at 05:50 pm
|
|
|
Current High Rate Of Returns From The Nigerian Capital Market: Sustainable?
« Last Edited by
The Nigeria Business
Jan 9th, 2008 at 05:54 pm »
|
|
 Logged |
|
|
|
|
Advertisement
|
|
Alagoah22
New Member Member is offline
Posts: 1
|
|
Posted: Jan 11th, 2008 at 06:20 am
|
|
|
There are opportunities for high yield in the market, but the levels pandered around by mostly the large banks don't seem realistic in the long run (not even in the mid term).
But like most markets, those who hit it when it is hot have a lot to gain if they know when to off-load. Part of the problem is that Nigeria Stock exchange (NSE)is not discouraging this attitude of exagerated results by the 'big banks' and other listed companies - and it is not expected to do so!
It is the Securities and Exchange Commission, whose role it is to regulate the market, that needs to sit up and very fast, too. Otherwise, we might see these companies 'sucked' into a situation where they will need to carry on with their sharp practices to impress the market. This situation is not sustainable and will definitely lead to tears and pain if not addressed early.
|
|
Logged |
|
|
|
Promise
New Member Member is offline
Posts: 4
|
|
Posted: Jan 14th, 2008 at 07:50 am
|
|
|
|
How quick can one sale his shares and get back his funds? Does any one know?
|
|
Logged |
|
|
|
Ola25
New Member Member is offline
Posts: 9
|
|
Posted: Jan 17th, 2008 at 07:52 am
|
|
|
Promise, generally speaking, expect a 7 to 10 working day if you go with a reputable broker. Listed companies in Naija are infamous for not issuing share certificates but that shouldn't put anyone off. Only yesterday, Standard &Poors - Citigroup BMI Global Index rated Nigeria the best performing stock market in the world.
That sure says something.
|
|
Logged |
|
|
|
Current High Rate Of Returns From The Nigerian Capital Market: Sustainable? - (Read 750 Times)
