Whether you Believe this or Not, the Nigerian Stock Market Will Turn Out New Millionaires, Even Multi-millionaires in 2008. Fact.
It just did that for 2007 and you probably benefited. If you didn't - perhaps because you 'slept' while it happened or were busy searching for wealth in more difficult places - you do have a chance to plug into this fortune-spinner as the engine cranks up again for a new - and we expect, more bountiful - year.
26th December, 2007
Dear Friend,
The Nigerian Stock Exchange has risen close to 70% so far in 2007 and that's a top performance, globally. As you know, this is a total figure and even conceals the fact that certain individual stocks have packed up more outrageous gains, during the year. Check these quick samplers:
- African petroleum opened 2007 at
N46.29 and closed December 24th at N178.84. That's a 286.35% gain, great for any investor. Then this mind-blower from the same petroleum sector: Eternal Oil rose from N3.00 on Jan 1, 2007 to N16.20 by December 24th. That's a screaming 440% gain! But here's the real knock-out: Afroil opened the year at N0.34 and hit N9.57 by December 24th. That 2714.71% gain is truly outrageous. Well, some investors were beneficiaries!
- In banking, Access Bank shot from
N6.96 to N22.00 over that same period, a 216.09% gain. FCMB was even better, jumping 320.74% from N4.05 to N17.04. Fidelity Bank topped that with a 450.23% gain from N2.15 opening price to N11.83. But Bank PHB was the stopper: it zoomed 717.63% from N3.12 to N25.51!
- Insurance sector stocks, in spite of the prolonged sector recapitalisation process, have posted significant gains too. NEM Insurance has picked up a 233.33% gain (
N1.02 - N3.40). Sovereign Trust shot up 248.57% (N1.05 - N3.66). LASACO did 324.44% (N0.90 - N3.82). Cornerstone logged 364.44% (N0.90 - N4.18). Guinea Insurance went up 384.85% from N0.66 to N3.20, while Mutual Assurance has done a hefty 434.72% (N0.72 - N3.85).
- You will find strong gainers in most other sectors of the market, a confirmation that serious investors in this market have made their cool money in the out-going year. Consider the impact: a
N150,000 investment in Bank PHB by January 1, 2007 would have left you with N1,226,442, excluding the dividend earned, by December 24th. And if you invested more?
- Granted that not every stock made such gains and some lost ground, the overall market performance has been pointedly positive and has provided a strong platform for money-making.
Wouldn't you want such powerful financial growth, especially from an investment source that really requires no severely engaging daily toils? And wouldn't it be wonderful to have a tidy shopping list of these power-packed stocks for 2008?
If you are like most regular people in quest of financial growth and success, you will claw into a proven opportunity to grow wealth. And you will seek the tools and resources to achieve that success. That's what we are about: a source for those tools for your investment success.
But you know what: the stock market is a moving market, meaning that things change over time. While a static list of good stocks is a fine idea, your interest is even better served by a continuous tracking of the market, week after week, month after month. That way, prognosis is reviewed on an on-going basis, with adjustments, where necessary, that help you stay on top of the market. That's why we have created a free newsletter, Mastering Investment-now, to help you stay abreast of market trends and the performance of individual stocks. In effect, you actually get updated information to help your investment process, through the entire year. When you sign up FREE, you begin to receive:
- a monthly diet of investment tips and alerts, right on time (unique market opportunities won't escape you anymore);
- investment education to broaden your outlook and expose financial sector investments that you may not be taking advantage of;
- weekly market reviews that provide the perspective for better-targeted investment decision-making;
- stock recommendations as may be appropriate from time to time.
All that costs you nothing. Wonder why we are doing so and if there is a catch to it? Simple: we have a bigger mission of helping Nigerians broaden their investment knowledge and grow wealth through this proven platform. We are also building a financial reporting network that promises to change how you access financial information. So, we want you to begin to enjoy a foretaste of these benefits.
Free Mastering Investment-now Newsletter - great value, easy signup! Sign up now for the investment newsletter and begin to get investment smart. All the investment info and knowledge you require. Month after month.
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