Time to buy shares

Posted by Felix Okoli on Saturday November 10, 2012 at 11:36:27:

In Nigeria, there is a time for everything, a time to invest and a time to cash in. When it comes to the capital market, there is a good time to buy and a good time to sell and if anyone is telling you to sell now, it could be a big mistake unless you just want to cash in.

The year is almost ending and many companies have already closed their financial year for the year. It is November and stock prices are still at a fairly low price and with Nigeria's economy and the capital market stabilizing, it only makes sense to buy now rather than wait till the next year.

I already sounded the alarm for you guys to buy in September and now some shares prices have already appreciated by 50% but there are still some that are still at a reasonably low price. Best it to buy undervalued shares now and gain from capital gain within 6 months.

Besides the NSE had made some changes in their policies which would see stock prices rising higher and move volatile the next year. If you are interested in the stock market business, many companies are still available at a good price so buy it now and wait for the rainy day.

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Re: Time to buy shares Reply by Rita on Saturday November 24, 2012 at 14:42:41:

hi felix.
i love your site and i am always following on your post. pls i would lovecto chat with you on the timing for share purchase. i am base in uk and i can truely say i have taken a lot of ideas about business in nigerian from your artcles.




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Re: Time to buy shares Reply by oyelami on Wednesday February 13, 2013 at 23:58:31:

Pls i want to met u one on one,i want to know more of these shares nd stock broker.i ned more enlightment.i want to make money too.




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