Daily Market Blog: Tigers in Nigeria?
"I don't see the share price outperforming over the short term, there needs to be a sustained turnaround in the international business first. I would still be buying the stock though, their stable of brands is quality and runs deep, which gives them a 'moat' around their business and gives them a platform to continue growing as the middle class grows."
To market, to market to buy a penny bun. Markets locally ended in the red, off the very worst levels for the day however. Resources were the stand out, this time in the positive column. Is there the ability to trade volatility around a specific index? There must be, there are so many smart people in our industry with one goal in mind, unfortunately ethics is not as high as you might want. When you read of major financial businesses that would have better screening systems than most institutions employing people responsible for such bad transgressions of the law that lead to fines totalling billions of Dollars, you must ask yourself, can people segregate doing right and greed? It is all rather disappointing. More than disappointing, shocking, sad, a whole host of adjectives, perhaps I should have used the superlatives. See, I am learning English as we go along here too.