dunkang wrote:I have some idle "millions" (or ain't 0.8M/-, millions), so, for this 3rd Quarter, what can i buy?
p.s I don't fear fast money
p.s.s i can wait 2 years for the big gain
p.p.s.s it MUST be stocks, not bonds nor whatevers
Kenya: BAMBi, CFC-Stanbic, Scan.
Uganda: UCL*
Tanzania: CRDB
Rwanda: BK
Consider Nigeria, Malawi, Zambia (our currency offers purchasing power in all these markets- watch conversion losses though, have to be smart on those)
Choose just one market.
NB: I may have ''over-answered'' your question.
NBB: My approach is based on underlying businesses, not the prices.
I went into the (Ferry) industry knowing the same thing I knew with all other businesses I went into- Nothing. Then I built it from there. - Sheldon Adelson (Titans at the Table- Giants of Macau)